Hints and tips:
...Autonomous vehicles would be “great for Uber” and lower prices for consumers, said Khosrowshahi, adding that Uber was “looking to partner with the AV industry”....
...A new partnership with autonomous driving business Waymo gives Uber access to the AV revolution....
Thursday’s S&P 500 advance masked widespread declines in equities.
...Maybe it’s time we acknowledge that where AVs are concerned, investors would benefit from more intellect and less temperament....
We’re marking the end of the lowflation era. Maybe.
For once.
...Chinese companies have also been quick to deploy their cars in California, considered the global gold standard for AV testing....
A Monday morning chart to tide you over.
All-time highs.
Perhaps, perhaps, perhaps.
Deutsche Bank on Tuesday’s unprecedented crash.
BofA capture the insanity.
Global trade is under pressure from coronavirus.
It has only taken six days for the S&P500 to lose a tenth of its value after hitting an all-time high last week.
...Meanwhile, the ride-hailing company Uber and AV group Argo — now jointly controlled by Ford and Volkswagen — have also brought in multibillion-dollar investments....
...There is no doubt that AV is a potentially transformational technology. The contrast, naming no names, is with companies that sublet office space or sell mattresses through a website....
...Regardless, it’s gains are those of a car company not a fantastical robot AV maker. Yet Tesla’s enterprise value is 48 times its ebitda. Luxury carmaker BMW’s is 5 times according to Bloomberg....
...“The addressable market for Waymo’s AV technology is enormous.”...
In one chart.
...“I’m not a great people person,” she admits, saying that most of her staff are similarly nerdy “AV club” introverts, but one producer had built up trust with Parnas’s lawyer....
...A number of AV Telegram group chats are also available....
...For a more ADHD approach to AV, the Telegram Markets Live chat group has crowdsourced moment-by-moment commentary....
...So far, the mindless tranquility that comes from scrolling feeds of artfully photographed homes and holidays apparently outweighs any harms....
International Edition