Core Insights - Uber is partnering with May Mobility to integrate thousands of autonomous vehicles into the Uber app, starting with a launch in Arlington, Texas, by the end of 2025 [1][3] - The partnership aims to scale the use of autonomous vehicles (AVs) in ride-hailing services, enhancing access and consumer choice across various markets [2][7] - May Mobility's self-driving technology utilizes Multi-Policy Decision Making (MPDM) to navigate real-world scenarios with AI-powered precision [5] Company Strategies - Uber's strategy has shifted from developing its own self-driving technology to forming partnerships with established AV companies like May Mobility and Waymo [4] - The initial phase of the partnership will include a safety operator in the vehicles, transitioning to fully driverless rides as the program matures [3] - The collaboration is expected to expand to more U.S. cities in 2026, indicating a broader market strategy [3] Market Positioning - May Mobility's existing AV services are available in cities like Ann Arbor, Michigan; Peachtree Corners, Georgia; and Miami, indicating a growing presence in the market [6] - The partnership with Uber is seen as a significant move for May Mobility, positioning it as a leading provider of autonomy-as-a-service [7] - The integration with Uber's platform is anticipated to facilitate easier access to AVs for consumers, leveraging the existing user base of the Uber app [6]

Core Viewpoint - The Nasdaq Composite index is currently in correction territory, down 13% from its recent high, creating potential buying opportunities for long-term investors in quality companies [1]. Group 1: Advanced Micro Devices (AMD) - AMD operates in the data center GPU space, competing primarily with Nvidia, but also has significant business in desktop and laptop processors, gaming chips, and embedded applications [3][4]. - AMD's data center revenue nearly doubled year-over-year in 2024, with adjusted EPS growth of 25% and an expected 30% revenue growth in Q1 2025 [5]. - The data center industry is projected to grow by 140% by 2030, and AMD's stock is trading at about 21 times forward earnings, indicating a potential investment opportunity [6]. Group 2: PayPal - PayPal's stock has dropped significantly following a disappointing earnings report, now trading at less than 14 times expected 2025 EPS, presenting a long-term investment opportunity [7]. - The company has undergone leadership changes focused on efficiency, with recent EPS growth reflecting these improvements, and new initiatives like an advertising platform launched in mid-October [8][9]. - PayPal generates approximately $6 billion in annual free cash flow, primarily used for share buybacks, indicating strong cash generation capabilities [10].