The Rundown Uber Partners with Lucid for Robotaxi Fleet, TSMC Delivers Record Profits
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Jul 17, 2025 Discover the chaos sparked by President Trump's comments on Jerome Powell and their effects on the stock market. Uber's ambitious plans for robotic taxis are unveiled, promising a future of driverless rides. Meanwhile, TSMC celebrates record profits amidst shifting market dynamics. Learn how a Trump tweet influences ADM stock and dive into global soda preferences, including the unique hold of 7-Eleven in Japan. Get ready for insights that blend tech with finance and culture!
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Trump Pressures Fed Chair Powell
- President Trump publicly pressured Fed Chair Jerome Powell to cut interest rates significantly, a move Fed officials strongly resisted.
- This triggered market volatility due to concerns over Fed independence and policy uncertainty.
OpenAI Moves Into Shopping
- OpenAI plans to integrate a shopping checkout inside ChatGPT, taking a revenue cut from sales.
- This move could introduce affiliate fees and ads, changing the free user experience over time.
OpenAI Uses Google Cloud
- OpenAI expanded cloud partnerships to Google and others while using Google servers to power ChatGPT, despite it disrupting Google's search business.
- This illustrates competitive complexity in AI cloud services and business models.