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BIZARRE: 7 - You Need To See This

Option Volatility And Earnings Report For Aug 3 - 7

It is another big week on the earnings front with a lots of big name companies reporting. This week could make or break the market. This week we have SpaceX, Advanced Micro Devices, Palantir Technologies, Sandisk, Uber Technologies, McDonald’s, Caterpillar, Merck & Company, Disney, Shopify and Arista Networks all reporting…

Barchart

Chicago woman arrives at the world’s pickiest nightclub. Then the bouncers take one look and tell her ‘not tonight’: ‘my American accent’

It’s on her bucket list.

We Got This Covered

Electric air taxis are finally ready for takeoff

A new breed of aircraft—half-helicopter, half-drone—begin real world tests across the U.S. this summer thanks to a federal program. First up is cargo, with passengers close behind.

Fortune

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Earnings, PMI and Other Key Things to Watch this Week

Markets enter an earnings-dominated week with a huge concentration of corporate results spanning technology, industrials, healthcare, consumer discretionary, and entertainment sectors. This will provide a critical assessment of economic health and corporate fundamentals amid persistent uncertainty about technology sector valuations and AI infrastructure spending.

Barchart

Uber, Rivian, And The $1.25 Billion Robotaxi Deal

Rivian R2 targets Level 4 autonomy by 2028 as Uber eyes up to 50,000 robotaxis, blending retail SUV duties with high-mileage ride-hailing work.

Motor1

Rivian CEO Explains Why Chinese EV Makers Are So Hard to Beat: 'The Capital Cost Is Zero'

Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe, during the automaker’s second-quarter earnings call on Thursday, shared his view on why Chinese auto companies were hard to compete against, and it all comes down to the cost structure.

Benzinga

Trump's DOT Introduces Changes to 'Accelerate' AV Deployment, Directs NHTSA to Grant Zoox Temporary Exemption

The Donald Trump administration on Thursday introduced changes to Department of Transportation (DOT) regulations aimed at expediting the development and deployment of autonomous vehicles, granting Amazon.com Inc.‘s (NASDAQ:AMZN) Robotaxi operator Zoox a temporary exemption to deploy its driverless vehicles commercially.

Benzinga

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Gary Black Pegs TSLA's Fair Value at $312, Says 'Don't Fall in Love With the Stock'

Investor Gary Black of The Future Fund LLC says the fair value price for Tesla Inc. (NASDAQ:TSLA) would be $312, reaffirming his concerns with the Elon Musk-led company’s valuation.

Benzinga

Are Wall Street Analysts Predicting Uber Technologies Stock Will Climb or Sink?

Uber Technologies has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

Rapper's alleged rape victim 'enthusiastic and willing'

A woman who accused a British rapper of raping her after an Australian show went to a hotel for sex and was an enthusiastic participant, a jury has been told.

AAP

Unusual Put Options Activity in UBER Technologies Could Imply Upside in UBER Stock

Uber Technologies is showing unusually high put options volume today ahead of Q2 earnings due out on Aug. 5. The strike price is over 18% below today's price and could be initiated by short-put sellers.

Barchart

Indian-origin Uber driver charged with two counts of sexual assault in Canada

An Indian-origin Uber driver has been charged with two counts of sexual assault following an investigation into two alleged incidents involving the same woman near a GO station in Burlington, Canada.

The Times of India

'The biggest shift happens when AI stops being a tool people occasionally use and becomes part of the operational fabric of the business': Why Arm is set to help power the next generation of AI workloads — and beyond

We speak to Arm's EVP of Cloud AI on what is really changing at the infrastructure layer.

TechRadar

Ministers urged to give TfL final say on driverless taxis as London rollout looms

Chair of the London Assembly Transport Committee says the government has ‘stepped in on London’s devolved powers’

Evening Standard

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Benzinga

Lyft Stock Is Down More Than 26% This Year—Now a Short Seller Warns the Uber Rival Could Be in Deep Trouble (UPDATED)

Editor’s note: The story has been updated to include a comment from Lyft.

Benzinga

Uber-Backed EV Firm Says Iran War Is Accelerating Electric Vehicle Adoption in South Africa

An Uber Technologies Inc.-backed (NYSE:UBER) South African EV fleet manager, Valternative, has said that the ongoing U.S.-Israel and Iran war has accelerated EV penetration in the region.

The Independent UK

Days disrupted: Across the world, Iran war's effects trickle into everyday life one human at a time

Across seven countries, seven people woke up to days that no longer looked the way they once did

Motor1

Man Gets Coupon For Free Mobil 1 Oil Change. Then He Realizes There’s A Catch: ‘Order Me An Uber’

"Don’t tell us it’s your first oil change."

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news in one place.

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Benzinga

Tesla's Q2 Earnings, Musk's Robotaxi Bets, SpaceX Merger on the Horizon and More: This Week in Mobility

It’s been another eventful week for Tesla Inc. (NASDAQ:TSLA), with second-quarter earnings, expanding Full Self-Driving (FSD) adoption and growing speculation over a Space Exploration Technologies Corp. (NASDAQ:SPCX) tie-up dominating headlines. Here’s a quick recap of the major mobility stories that came in over the week.

Evening Standard

Ministers urged to give TfL final say on driverless taxis as London rollout looms

Several firms, including Uber and Wayve, are seeking approval to transport passengers in automated vehicles in London as soon as this year

The Economic Times

Waymo explores ending Uber partnership: Financial Times

The companies have increasingly clashed over operational and commercial issues, according to the report. Waymo has raised concerns about ⁠the cleanliness ‌and routing of its vehicles, while Uber has criticised the sudden unavailability of ⁠Waymo vehicles during bad weather and argued that the partnership has "unsustainable financial terms," the FT…

The Independent UK

I ditched Uber for a driverless robotaxi in San Francisco – here’s why I’m never going back

DRIVESMART: In the latest DriveSmart newsletter, Steve Fowler takes a ride with Waymo and finds the safety numbers – and the lack of small talk – hard to argue with

International Business Times UK

Uber's AI Push Triggers Second Round of Layoffs in Just Two Months: Who's Affected This Time?

Uber has announced a 10% reduction in its customer service workforce as it restructures operations to integrate artificial intelligence, marking its second major layoff in two months.

The Independent UK

5 ways to avoid common holiday scams this summer

Protect your wellbeing and money by following these tips on your next holiday.

Benzinga

Andreessen Horowitz Declares 'Travis Is Back' With $1.7B Robotics Bet

Andreessen Horowitz is making a major bet on the future of AI-powered robotics, backing former Uber (NYSE:UBER) co-founder Travis Kalanick’s next venture with a $1.7 billion funding round for Atoms.

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