Key Takeaways Nissan began demos of its next-gen ProPILOT assisted driving system in Tokyo this month.The new system pairs Ground Truth Perception with UK startup Wayve's AI Driver.Planned rollout in 2027 includes an autonomous ride-share service in Japan.The race to develop autonomous vehicles (AVs) is entering an exciting phase. Automakers and tech giants alike are pouring billions into self-driving technology. Japanese auto giant Nissan Motor Co. (NSANY) began demonstrations of its next-generation ProPIL ...

"For Amazon, (Wall) Street forecasts North America Retail growth of 10% year-over-year in Q3, slowing slightly from 11% in Q2," Post wrote. "However, quarter-to-date (Bank of America) card data suggests an acceleration over full quarter, so we think that Amazon U.S. retail is likely tracking above Street estimates." BREAKING: Core CPI Steady, Jobless Claims Highest Since Oct. 2021 E-commerce spending ticked up in August despite concerns about tariffs —Â offering a positive signal for Amazon (AMZN) stock, ac ...

Amazon making its long-awaited leap into the robo taxi race. The company's self-driving Zuk's vehicles hitting the streets in Las Vegas today. Mackenzie Seagalos has more in today's Tech Check.Mac, hey there. So, we are talking about a first of its kind vehicle. No steering wheel, no pedals.You can see it here in this exclusive footage captured by CNBC's digital video team during a ride along. Now, it's a limited launch, but a meaningful one. Zuks needed special regulatory clearance just to carry passengers ...

Amazon officially making its high stakes entry into the robo taxi race. It self-driving unit Zuks launching in Las Vegas going public today for the first time with cabs that don't have a steering wheel or pedals. Our Mackenzie Sagalos has that in today's tech check.Morning Mac. Hey, good morning Carl. So 5 years after its 1.3% billion Zuks acquisition and Amazon is officially in the AV wars.For now the footprint is small. free rides on the Vegas strip to build familiarity before regulators clear paid servic ...

Core Viewpoint - The article discusses the significant investments made by billionaire hedge fund managers Bill Ackman and Chase Coleman in Amazon stock during Q2 2025, highlighting their differing investment strategies yet shared confidence in Amazon's growth potential. Group 1: Investment Activity - Ackman's Pershing Square Capital Management purchased approximately 5.82 million shares of Amazon, valued at $1.28 billion, making up about 9.3% of his portfolio by the end of Q2 2025 [3][6] - Coleman's Tiger Global Management increased its stake in Amazon by over 62%, acquiring an additional 4.1 million shares, bringing its total to nearly 10.7 million shares, making Amazon the fourth-largest holding in the portfolio [4][8] Group 2: Reasons for Investment - Ackman and his team viewed the 30% drop in Amazon's stock price earlier in the year as a buying opportunity, believing that the long-term growth prospects for Amazon, particularly in Web Services (AWS), remain strong [6][10] - Both hedge fund managers appreciate Amazon CEO Andy Jassy's focus on improving efficiency, which is expected to enhance profit margins and revenue growth [7][11] - The rapid adoption of artificial intelligence (AI) is seen as a significant advantage for Amazon, contributing to its dominance in e-commerce and cloud services [8][10] Group 3: Future Growth Potential - Amazon's long-term growth opportunities in cloud computing are promising, as a significant portion of global IT spending is still on-premises, indicating a shift towards cloud solutions in the next 10 to 15 years [10][11] - The company is also exploring new markets, such as satellite internet services through Project Kuiper and potential advancements in the robotaxi market via its Zoox unit [11]

Group 1: Company Performance - Sony's Q1 revenue increased by 2.2% year-on-year to 2.622 trillion yen, with net profit rising by 23% to 259.03 billion yen; PS5 console sales reached 2.5 million units [1] - Eli Lilly's Q2 revenue grew by 38% year-on-year to $15.56 billion, with Zepbound sales increasing by 172%; however, the oral drug Orforglipron's average weight loss of nearly 12% fell short of expectations [1] - Lyft's Q2 revenue rose by 11% year-on-year to $1.59 billion, slightly below expectations; net profit surged to $40.3 million from $5 million in the same period last year [1] - DoorDash's Q2 revenue increased by 25% year-on-year to $3.28 billion, exceeding expectations; net profit turned around to $285 million from a loss of $157 million last year [1] - Duolingo's Q2 revenue grew by 41% year-on-year to $252 million, with net profit soaring to $44.8 million, or $0.91 per share, all surpassing expectations [1] Group 2: Market and Economic Events - U.S. stock index futures rose, with Nasdaq futures up 0.44%, S&P 500 futures up 0.59%, and Dow futures up 0.44% [1] - European stock indices showed mixed results, with Germany's DAX index up 1.64%, UK's FTSE 100 down 0.81%, France's CAC index up 1.07%, and the Euro Stoxx 50 index up 1.49% [1] - President Trump plans to sign an executive order allowing private equity, real estate, cryptocurrencies, and other alternative assets to be included in 401(k) plans [1] - President Trump announced a 100% tariff on imported semiconductor chips, excluding companies with manufacturing facilities in the U.S., potentially benefiting TSMC [1] - Apple plans to invest an additional $100 billion in the U.S., with a total investment of $600 billion over the next four years; the "American Manufacturing Plan" will include chip partners like Applied Materials, Texas Instruments, and Samsung [1] - Treasury Secretary Mnuchin mentioned that Micron Technology has a visit scheduled this week, with plans to invest $200 billion [1] - Google committed to investing $1 billion over three years to support AI education and vocational training programs in the U.S. [1] - Amazon's autonomous vehicle subsidiary Zoox has passed regulatory and safety investigations [1] - Toyota plans to build a new factory in Japan, set to begin operations in the early 2030s [1] - General Motors aims to collaborate with Hyundai to develop five new models to reduce costs amid intense competition [1]

Core Insights - Tesla has launched its robotaxi service in Austin, Texas, using a limited fleet of 10 to 20 Model Y vehicles instead of the previously introduced Cybercab [1][2] - The service is currently operating in a geofenced area with safety measures in place, including remote monitoring and a Tesla employee present in the vehicle [2] - Following the launch, Tesla's stock rose by 8% on Monday, adding approximately $10 billion to Elon Musk's stake, although some gains were lost the following day [3] Competition Landscape - Tesla's initial vision of having 1 million robotaxis by 2020 has not materialized, and it may be late to the robotaxi market by 2025 [5] - Competitors like Waymo are already operating in multiple cities and have provided 250,000 paid rides per week, indicating the need for Tesla to significantly scale its network to compete [6] - Other companies, including Amazon's Zoox and Volkswagen, are also developing their own robotaxi networks, while several networks are advancing in China [7] Financial Performance and Valuation - Tesla's competitive edge in electric vehicles and autonomy is diminishing, with automotive revenue falling by 20% in Q1 2024 and a decline in vehicle sales in Europe [8] - The company's valuation is heavily reliant on the success of the robotaxi business, with speculative projections suggesting a $5 trillion valuation by 2030, but these are largely conjectural [9] - Currently, Tesla's stock trades at a price-to-earnings ratio of 196, indicating that investors are expecting significant growth from robotaxis and other ventures [10] Risks and Challenges - The slow rollout of the robotaxi network may pose more risks than opportunities for Tesla, as the stock is priced for perfection and any missteps could lead to significant declines [11]

Any negative Nellie can find things to dislike about Amazon (AMZN 2.77%). The stock remains down by a double-digit percentage below its previous high. The company could face a bumpy road if the Trump administration's steep tariffs remain in place. The Federal Trade Commission and 17 state attorneys general are going after Amazon in court for alleged monopolistic practices. However, I think Amazon's positive Pollys have a stronger case than the negative Nellies. The e-commerce and cloud services giant's over ...