The market: "AI is going to kill Adobe" $ADBE:

$GOOGL's Waymo is on track to grab 10% of U.S. rideshare trips by 2030, up from just 18M rides in 2025 to 465M, per Wells Fargo. As it expands to cover 57% of U.S. rideshare demand, $UBRT and $LYFT could see 5 and 4 pts of market share loss.

Here is a look at Bill Ackman’s portfolio Largest position is $UBER

This one is going big $invz

$GOOGL Waymo applies for NYC taxi permit

$GOOGL Waymo pushing for expansion into NYC. 👀 Hardware costs plummeting… more cities ramping… highway/airport expansions coming.

Zoox is joining Waymo and VW/Mobileye in the autonomy race. It's clear autonomy itself is being commoditized. My Thesis: More supply will lead to more value accruing to companies connecting riders with rides, aka $UBER and $LYFT. The more players, the better.

At 2PM EST FOMC, GDP forecasts likely to inch lower while inflation inches higher, so a coin toss on whether Fed maintains 2 rate cut forecast for yr (my view) or two members shift & we get only 1. I think data dependency will be an oft repeated phrase at the press conference.

$AMZN $JEPQ Autonomous

Autonomous is coming sooner than later. I am ready for it: $MBLY, $GOOGL, $UBER, $LYFT, $INVZ, in some fashion: $JEPQ

Jannik Sinner reveals: “My favorite Italian dialect is Neapolitan”

Christopher Nolan was originally offered to direct Troy. Nolan turned it down because he wasn’t “feeling it.” Strangely at this moment he’s developing the sequel to it called “The Odyssey”

$GOOGL

$INVZ

BREAKING: X will soon launch investing and trading directly within the app, per FT. “You’ll be able to come to X and be able to transact your whole financial life on the platform,” X CEO Linda Yaccarino says. X is the future of finance.

In 1983, less than 1% of the population owned a computer. Singer Barry White urged people to learn how to code.

$INVZ

Italo Disco is the soundtrack of the summer

BREAKING: 16 billion Apple, $AAPL, Facebook, $META, Google, $GOOGL, and other passwords leaked, per Forbes.

$GOOGL