Five Chinese AI plays that could ride out trade war volatility
Finance
Pony.ai becomes first to win citywide robotaxi permit in China’s Silicon Valley
Key Points Pony.ai is the first firm cleared to run robotaxis throughout Shenzhen. The move expands autonomous taxi services beyond pilot zones in Chinese cities. Pony.ai will start rolling out the self-driving taxis in parts of Shenzhen before expanding coverage. Source
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Finance
Stocks making the biggest moves after hours: Apple, Amazon, Coinbase, Netflix and more
Check out the companies making headlines in after-hours trading. Apple — Apple shares jumped 4% after the iPhone maker posted fiscal-fourth quarter earnings that exceeded analyst expectations. The company also gave a strong forecast for its December quarter driven by strong demand for its iPhone 17 line. Apple earned $1.85 per share on revenue of […]
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Finance
Powell forced to stave off uprisings in markets and on his own Fed board as his term ends
Key Points Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive. While Wall Street economists were split over whether the FOMC will in fact approve another reduction at the Dec. 9-10 meeting, they were in agreement that […]
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