Unhedged Robotaxis, tech earnings and 24-hour trading
23 snips
Jul 22, 2025 
Guest John Foley, Lex editor at the Financial Times, delves into the future of trading with insights on 24-hour trading and its potential impact on liquidity and regulation. He discusses how tech giants like Google and Meta are reshaping investment strategies through AI, moving beyond traditional metrics. The conversation also tackles Tesla's innovative approach to robotaxis and the fierce competition with Waymo, highlighting the technological challenges and economic implications of autonomous vehicles.
AI Snips
Chapters
Transcript
Episode notes
The Case for 24-Hour Trading
- 24-hour trading aims to modernize stock exchanges beyond their traditional limited hours.
- Retail investors can already trade 24/7 off-exchange, but official extended hours face logistical challenges.
AI Shaping Tech Earnings Focus
- Tech earnings now focus less on past performance and more on AI-driven future prospects.
- Investors watch spending and look for early signs of AI generating revenue, not just growth figures.
Robo-Taxis Challenged by Costs
- Robo-taxis are simple in concept but very complex to implement, facing cost, trust, and regulatory barriers.
- Currently, robo-taxis cost more than traditional car ownership and rideshares, limiting adoption.