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Clear Secure Analyst Says Firm Emerging as Winner From TSA Chaos
While record-breaking airport wait times may be frustrating travelers and disrupting vacation plans across the country, the chaos has been a boon for security firm Clear Secure Inc., which has been counting on desperate passengers to boost to its membership numbers, according to analysts at DA Davidson & Co.
Meta and Google Found Liable; Corebridge and Equitable Merge; Pony AI Swings to Profit
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion. - Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims. - Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. (Source: Bloomberg)
Iran War Is Pushing Consumers to Break Up With Fossil Fuels
Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.
Pony AI Delivers First-Ever Profitable Quarter
Pony AI has set a goal of deploying robotaxis with partners in more than 20 cities worldwide this year.
Training Driving AI at 50k× Real Time
TT Podcasts: RoadSigns
Fresh from TMC, ATA President Chris Spear takes a candid look at what today’s fleet maintenance trends reveal about the broader state of trucking.
OECD Forecasts 4.2% Inflation as War Hits Global Economy
For the U.S., the OECD expects inflation to jump to 4.2% this year, from 2.6% last year. Its price outlook is 1.2 percentage points higher than in December.
Oil Prices Rise as Wall Street Swings to Doubt on Iran Talks
Doubt is taking over again on Wall Street from hope about a possible end to the war with Iran, and stocks are back to sinking as oil prices rise.
Imports fall 14.5% y/y at Port of Oakland
February import volumes fell by double digits at the Port of Oakland as export traffic led cargo activity. The post Imports fall 14.5% y/y at Port of Oakland appeared first on FreightWaves.
Are high gas prices good news for EVs? It’s complicated.
I live in a dense city with plentiful public transportation options and limited parking, so I don’t own a car. I’m often utterly clueless about the current price of gasoline. But as the conflict in Iran has escalated, fossil-fuel prices have been on a roller-coaster, and I’ve started paying attention. In the US, average gas…
Pony AI Swings to Profit, Aims to Launch Robotaxis in 20 Cities
Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.
Pony AI, Uber to Launch Robotaxis in Croatia in Europe Push
Chinese robotaxi company Pony AI Inc. and Uber Technologies Inc. have begun testing driverless cars in Zagreb, Croatia, expanding their partnership beyond the Middle East and into Europe.