Walmart exits JD.com

Walmart is shedding its stake in JD.com to boost its focus on the Chinese market, causing a stir in stock values. Meanwhile, Waymo is making waves with an impressive expansion to 100,000 robotaxi rides each week. On the tech front, Microchip Technology faces a significant setback after a cyberattack, leading to operational shutdowns. The episode also touches on concerns regarding counterfeit issues as SHEIN sues Temu, and insights from Fed’s Bowman about potential rate cuts.