Tesla, Waymo (Alphabet) and Zoox (Amazon) already operate robotaxis in the U.S., while Chinese operators are expanding their fleets. The article divides players into those that own the rider through robotaxis (Tesla, Amazon, Alphabet, Uber) and automakers focused on selling cars with autonomy, such as Ford and GM, which abandoned robotaxi development. Tesla treats robotaxis as its core business, with Musk saying it would make several times more Cybercabs per year than all its other vehicles combined, while GM CEO Mary Barra is targeting personal autonomy. The article says Tesla and BYD are likely winners with caveats: Tesla already holds more than 50% of the U.S. EV market, but failing to develop new EV models could hurt it if Barra is right. Tesla's stock is also priced on the assumption that its robotaxi rollout succeeds.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Faulkner : How to choose between fixed or variable mortgage rates
Canada currently shows a wide gap between fixed and variable mortgage rates, which can be nearly three-quarters of a percentage point. Fixed rates track the five-year Government of Canada bond yield, which has risen on inflation expectations, oil prices and global bond market pressure, while variable rates move with the Bank of Canada overnight rate. On a $400,000 mortgage amortized over 25 years, the payment difference could be as much as $165 a month, and a variable-rate borrower could pay off an extra $4,527 by the end of a five-year term, though this assumes the variable rate stays unchanged, which the author calls highly unlikely. The author stresses that the choice depends on risk tolerance and the ability to afford higher payments, and recommends consulting a mortgage specialist or broker. The piece also notes options such as static-payment variable mortgages and typically lower payout penalties on variable loans if a home is sold early.
- Faulkner : How to choose between fixed or variable mortgage rates
The gap between fixed and variable mortgage rates in Canada is now nearly three-quarters of a percentage point, much wider than in past years. Fixed rates track the five-year Government of Canada bond yield, which has risen on higher inflation expectations, partly driven by oil prices, and pressure from global bond markets. On a $400,000 mortgage amortized over 25 years, the variable option could lower payments by about $165 per month, and by the end of a five-year term about $4,527 more of principal would be paid off, though this assumes the variable rate stays unchanged. The Bank of Canada's rate decision on Oct. 28 is uncertain, so borrowers should consult a mortgage specialist, weigh their risk tolerance, and consider options such as static-payment variable mortgages, while noting that converting to fixed may mean higher posted rates.
Related markets
Latest news
- Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out
Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.
- Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers
At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.
- UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.
- What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?
X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.