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According to the Financial Times, Waymo is considering ending its partnership with Uber as tensions intensify in the autonomous taxi sector.
Brazilian Planning Minister Moretti: We do not expect to reinstate the additional subsidy of 0.35 reais per liter of diesel.
Saudi Arabia’s Public Investment Fund and the U.S. Export-Import Bank signed a memorandum of understanding worth up to $15 billion.
Google: We are working to comply with the requirements of the EU Digital Markets Act (DMA).
Google expressed concern about the impact of the recent European Commission decision and gratitude for the US government's involvement.
Brazilian Planning Minister Moretti: Gasoline subsidies are expected to amount to 1.3 billion reais per month, and diesel subsidies to 5.5 billion reais per month.
Musk: Grok 4.6 will be released in two weeks, and Grok 4.7 will be released in four weeks.
As of the 2:30 closing bell, the main Shanghai gold futures contract rose 0.18% to 885 yuan/gram, the main Shanghai silver futures contract rose 1.39% to 14,323 yuan/kilogram, and the main SC crude oil futures contract fell 2.55% to 578 yuan/barrel.
According to the New York Times: Four sources familiar with the matter said that Trump met with senior advisors and senior cabinet members on Friday to decide whether to escalate military action against Iran.
Ukrainian President Zelensky: Intelligence indicates that Russia plans to increase the number of troops stationed in Ukraine this fall.
SpaceX AI: Today we're bringing Grok to Google Workspace. Grok for Google Workspace is a free add-on.
AWS: Claude Opus is available in regions including the US East (Northern Virginia), Asia Pacific (Melbourne), Europe (Ireland), and Europe (Stockholm).
On July 25th, Meta Platforms (META.O) announced it is adding new intelligent agent-like capabilities to its AI assistant, powered by its latest model, Muse Spark 1.1. The company stated that Meta AI can now access Google Calendar and Gmail and perform tasks such as creating daily updates, assisting with research, and helping with home remodeling projects. This effort is part of CEO Mark Zuckerberg's vision of "personal superintelligence." However, Meta's AI software capabilities currently lag behind its competitors. Intelligent agents from companies like OpenAI, Anthropic, and Google have an advantage in handling a wider range of tasks and operating autonomously for longer periods. Zuckerberg also launched an AI optimism campaign this week to promote Meta's AI vision.
SpaceX (SPCX.O) shares are poised to fall to their lowest closing price since their IPO, currently down about 4.5% at $113.
On July 25, Wang Yi stated that President Rahmon's successful state visit to China in May, during which President Xi Jinping and President Rahmon made new strategic plans for the development of China-Tajikistan relations, was a significant achievement. The most important outcome of the visit was the signing of the Treaty of Permanent Good-Neighborliness, Friendship and Cooperation between China and Tajikistan, setting a precedent in Central Asia. The two sides also issued a Joint Statement on Deepening the Comprehensive Strategic Cooperative Partnership for a New Era between the People's Republic of China and the Republic of Tajikistan, declaring their determination to jointly promote the building of a China-Tajikistan community with a shared future. The common task of the two foreign ministries is to translate the consensus reached by the two heads of state into concrete actions, plan exchanges at all levels, and promote deeper and more practical cooperation in areas such as energy, connectivity, and counter-terrorism and security, so as to bring more cooperative results to the benefit of the people of both countries.
July 25th - US President Trump: The EU is back again, and as usual, targeting great American companies directly! After arbitrarily fining Apple $15 billion, Meta $3 billion, Amazon $2.5 billion, and many other companies, we have just learned that Google—a truly advanced and amazing company—has been fined another $1 billion without explanation. This brings Google's total fines to over $18 billion! This illegal and highly discriminatory practice reached such a high level during the first year of the "Sleepy Joe" (Biden) administration, but it will not continue under the Trump administration. America is not Europe's ATM, and we will not allow it to be! Therefore, we will immediately launch a Section 301 investigation into this "plundering" of American businesses and harming American taxpayers. The EU will pay a very high price for this illegal and highly unethical behavior, which is exactly what I have been warning them against. These fines will be completely rescinded, and we expect to impose high tariffs on them as soon as possible.
The Federal Reserve accepted a total of $675 million from two counterparties in its fixed-rate reverse repurchase operations.
Baker Hughes Oilfield Services: U.S. energy company cuts number of drilling rigs for the first time in six weeks.
Meta Platforms (META.O): Thanks to Muse Spark 1.1 technology, MetaAI is now able to create plans, connect email and calendar applications, generate presentations, and handle various tasks on behalf of users.
Meta Platforms (META.O): In the coming weeks, new features from Meta AI will be expanded to more countries and platforms (including WhatsApp).
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