Business
Zoox expands robotaxi service to Las Vegas airport
Zoox CEO Aicha Evans discusses the launch of paid autonomous robotaxi rides in Las Vegas and addresses NHTSA safety concerns, vehicle production targets and plans for expanding the driverless service on ‘The Claman Countdown.’
Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service.
The Amazon-owned company told FOX Business that, beginning Thursday, riders can book trips between Harry Reid International Airport and the Las Vegas Strip.
“Bringing autonomous transportation to one of the country’s busiest airports requires true partnership, and we are grateful to the Clark County Department of Aviation and the state of Nevada for their continued support as we help shape the future of mobility,” said Ron Thaniel, Zoox’s senior director of policy and regulatory affairs.

A Zoox robotaxi driving down the Las Vegas Strip in front of the Luxor Hotel & Casino. (Zoox Inc.)
WAYMO EXPANDS DRIVERLESS ROBOTAXI SERVICE TO 3 MAJOR US CITIES
Zoox will pick up and drop off passengers at designated curbside locations at the airport, with pickup and drop-off points varying by each of the two passenger terminals.
The robotaxis use lights and audio cues to help riders locate them in busy pickup areas, and passengers can pair their devices via Bluetooth to listen to their own music during the ride.
The vehicles seat four passengers and feature carriage-style seating, with two rows facing each other. The company said there is enough room for roughly one piece of luggage per person if the vehicle is full.

Zoox robotaxi drives down Las Vegas Boulevard. (Zoox Inc.)
ZOOX ROBOTAXI REDESIGN BRINGS BIG RIDER UPGRADES
On July 31, the National Highway Traffic Safety Administration granted Zoox a temporary exemption from certain federal motor vehicle safety standards, clearing a key regulatory hurdle for the company to begin charging for rides.
The exemption was necessary because the vehicles lack traditional driver controls, including a steering wheel and pedals, that are required under federal safety standards.
After receiving the federal government’s blessing, Zoox launched paid robotaxi rides in Las Vegas on Aug. 10. The company also operates in San Francisco, where its service remains in the testing phase.

Interior of a Zoox robotaxi, which has four seats.
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Destinations within the app include the Las Vegas Convention Center, the Sphere, the T-Mobile Arena and many major resorts on the Strip.
According to Zoox’s website, the company is looking to begin offering paid rides in 10 other cities, including Seattle, Austin, Dallas, Houston, San Diego and Los Angeles.
Business
Revolut wins conditional US banking license

Revolut wins conditional US banking license
Business
Medici Brands raises $250 million in Series B funding
Business
iPhone 18 Pro’s A20 Chip Leak Points To 7-Core GPU, 18% Speed Boost Ahead Of Sept. 9 Launch Event In Cupertino
CUPERTINO, Calif. — A new wave of leaks surrounding Apple’s upcoming A20 Pro processor suggests the chip powering the iPhone 18 Pro lineup could deliver a significant jump in graphics performance, just days before Apple is expected to formally unveil the new devices at its Sept. 9 launch event.
The leaks stem primarily from a Weibo user known as “Fried White Rice,” who reconstructed an alleged layout of the A20 Pro chip by mapping the positions of solder balls on a circuit diagram and overlaying them with die-level imagery. While this type of indirect analysis is far from an exact science, several outlets covering the leak noted that the account has a degree of credibility based on prior reporting.
According to the reconstructed diagram, the A20 Pro is expected to feature a seven-core GPU, up from the six-core graphics configuration found in the current A19 Pro chip, representing roughly a 16% increase in the number of graphics cores. The layout also points to a wider 96-bit memory interface for LPDDR5X RAM, a substantial jump from the 64-bit interface used in the prior generation, a change that would meaningfully expand the chip’s available memory bandwidth.
Because graphics performance tends to scale closely with memory bandwidth, several outlets covering the leak suggested that the combination of an additional GPU core and a 50% wider memory interface could translate into graphics performance gains considerably larger than the core count increase alone would suggest. Macworld’s analysis of the leak estimated that, when accounting for both the added core and the wider memory bus, real-world GPU performance gains could land somewhere in the range of 20% to 30%, though the outlet cautioned that such projections remain speculative pending official confirmation from Apple.
The leaked diagram also pointed to changes in the chip’s cache memory architecture. According to the analysis, the smaller efficiency CPU cores are expected to share an 8-megabyte Level 2 cache, up from 6 megabytes on the A19 Pro, while the chip’s more powerful performance cores are expected to retain an unchanged 16-megabyte L2 cache. The overall CPU core configuration is expected to remain consistent with the prior generation, featuring two high-performance cores paired with four efficiency cores.
Separately, a specific performance figure has circulated from another Weibo-based leaker, Fixed Focus Digital, who claimed in supply-chain commentary that the A20 Pro would run up to 18% faster than the A19 Pro while delivering up to 30% better power efficiency. That figure has been cited widely across coverage of the chip, though it has also drawn scrutiny from some technology analysts.
Writing for Yellow, technology journalist Jason Cross pushed back on how the 18% figure has been broadly interpreted, arguing that the number more likely describes performance characteristics of TSMC’s underlying 2-nanometer manufacturing process rather than representing a confirmed, chip-specific performance benchmark for the A20 Pro itself. The A20 Pro is expected to be the first Apple processor built on TSMC’s 2-nanometer node, replacing the 3-nanometer process used in Apple’s current generation of chips, and Apple is expected to be among the first major customers to use that new manufacturing process at scale.
Beyond performance figures, the leaks also point to a broader restructuring of the chip’s physical packaging. Reports have suggested Apple plans to integrate RAM more closely with the CPU, GPU and Neural Engine using TSMC’s Wafer-Level Multi-Chip Module packaging technology, a change from the current design in which memory dies are stacked. Under the new approach, memory dies would instead be placed beside the main system-on-chip rather than stacked directly on top of it.
The leaked die imagery did not include clearly labeled details for the chip’s Image Signal Processor or Neural Engine components, leaving their exact size and configuration unconfirmed based on the available images. Some analysts covering the leak speculated that the Neural Engine could see a substantial size increase in this generation, potentially even doubling in scale, drawing a comparison to a similar expansion Apple made to its Neural Engine architecture within its M6 chip used in Mac computers.
The A20 Pro is expected to power both the standard iPhone 18 Pro and the larger iPhone 18 Pro Max, and is also rumored to be used, potentially in a modified configuration, within Apple’s long-anticipated first foldable iPhone, sometimes referred to in early reporting as the iPhone Ultra. Given the thinner form factor and more constrained thermal environment expected within a foldable device, some analysts have suggested Apple could disable one of the chip’s GPU cores in that specific model to manage heat and battery life, a pattern the company has followed previously with other space-constrained device variants, such as its decision to disable one A19 Pro GPU core within the iPhone Air.
Cost estimates tied to the new chip have also circulated alongside the performance leaks. According to reporting cited by Yellow, Apple may pay close to $280 per A20 chip unit, representing an increase of roughly 80% compared with what the equivalent A19 chip reportedly cost the company, a jump that reflects both the more advanced manufacturing process and the added complexity of the chip’s new packaging approach.
Apple has not confirmed any of the technical specifications circulating in these pre-launch leaks, and as with all unofficial supply-chain and circuit-diagram-based reporting, the details should be treated as informed speculation rather than confirmed fact until Apple formally unveils the new devices. The company is widely expected to introduce the iPhone 18 Pro, iPhone 18 Pro Max, and potentially its first foldable iPhone alongside at least seven other new devices during its scheduled Sept. 9 event.
Should the leaked specifications prove accurate, the resulting graphics performance improvements could meaningfully benefit demanding mobile games, graphics-intensive applications, and on-device artificial intelligence processing tied to Apple’s ongoing Apple Intelligence initiative, an area where the company has increasingly emphasized the importance of local, on-device computing power rather than relying solely on cloud-based processing. Independent testing following the device’s official release will ultimately be needed to confirm whether the new A20 Pro chip delivers on the performance gains suggested by this week’s leaked circuit diagrams.
Business
Goldman Sachs exec says upcoming Dallas campus represents growth opportunity
Goldman Sachs chief economist Jan Hatzius previews the upcoming July CPI inflation report and discusses the Federal Reserves interest rate trajectory, and the state of the U.S. economy on ‘The Claman Countdown.’
EXCLUSIVE: Goldman Sachs is making progress on its new 800,000-square-foot campus in Dallas as it deepens its presence in the city, which has emerged as a key regional financial hub.
The firm has a longstanding presence in the Dallas metro area, where it has its second-largest base of employees in the U.S. behind only its New York City headquarters, and the new campus will allow Goldman Sachs to combine two offices into one facility where all the firm’s various business units can be situated and collaborate.
Ericka Leslie, chief administrative officer at Goldman Sachs, told FOX Business in an interview after visiting the new campus in Dallas as construction continues that “I can’t say it enough, I think Dallas is a great place to do business, it really is. The building is beautiful.”
“We’re in two buildings now, we’re going to be able to combine everybody into this state-of-the-art space, and it’s right next to the Perot museum, and the city itself is very vibrant. So we’re looking forward to it, and we’re going to grow there,” Leslie said. “It’s a growth opportunity for us inside of the United States, and it’s a really vibrant place to do business.”
WHY MAJOR FINANCIAL FIRMS ARE EXPANDING TEXAS PRESENCE BEYOND TRADITIONAL WALL STREET HUB

The new Goldman Sachs campus in downtown Dallas is under construction, with a projected opening in January 2028. (Shelby Tauber for The Washington Post via Getty Images)
The new campus will include an auditorium as well as a wide range of amenities, including a wellness center, fitness facility, a backup daycare, multiple spaces offering cafeteria or cafeteria-like services, a coffee bar and outdoor spaces with trees and shade.
Employees will be able to park underneath the building and a retail space will be built across the street that offers additional options nearby for those working at the new campus.
“I find people want to leave their desk, so to speak, and go to another place, but maybe they only have 30 minutes free, and they want to grab a coffee or have a conversation with people,” Leslie said.
“There are a lot of places where you can meet up and sit down and be outside or be inside. And I think that’s really important to people because it gets hot there in the summer, people don’t want to have to walk around outside, it’s completely air-conditioned.”
GOLDMAN SACHS TO CONTRIBUTE $1,000 TO TRUMP ACCOUNTS FOR ELIGIBLE CHILDREN OF EMPLOYEES

The new campus will offer views overlooking downtown Dallas and the Perot Museum, including from outdoor areas. (Goldman Sachs)
The new campus will also have a park outside that’s about an acre and a half in size, which Leslie said crews were working on when she visited the site.
“The outside of the building is mostly complete, and they have to do that in order to start fitting out the inside of the building and air conditioning it, so that will begin fairly shortly. We’re looking for a launch around January 2028,” Leslie said.
She noted that stiff competition for work crews amid the construction boom in the Dallas area has contributed to some delays, though the new campus is still expected to open on schedule.
“The project is mostly on time. It’s slightly delayed, there’s quite a bit of development going on in Dallas right now, and so we’re seeing small delays,” she said, adding that the company expects to be occupying the space in January 2028.
Y’ALL STREET LAUNCHES: TEXAS STOCK EXCHANGE GOES LIVE IN DALLAS

The new Goldman Sachs campus in Dallas will allow the firm to consolidate and grow its presence in the region. (Goldman Sachs)
Leslie noted that Goldman Sachs was one of the firms that contributed to the launch of the Texas Stock Exchange in Dallas, which went fully live for the first time in late July, while other companies are looking to move into the area or are considering doing so.
She added that as more companies are attracted to downtown Dallas, she sees the city becoming more of an urban center with people choosing to live within the city rather than commuting in from the suburbs.
Goldman Sachs CEO David Solomon told CNBC in an interview this week that the firm’s headcount in New York City has remained at a little less than 10,000 and hasn’t grown in about 20 years, while it has expanded its overall U.S. headcount with growth in places like Dallas and Salt Lake City. Solomon said that “talent plays a role in it – where is talent available – but also policy, taxes, environment.”
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GS | THE GOLDMAN SACHS GROUP INC. | 1,035.52 | +30.92 | +3.08% |
Leslie echoed that sentiment, telling FOX Business that “We like to go to places where you can attract young talent, and New York has always been a place where people want to work when they first get out of college.”
“But I was really surprised walking the Katy Trail [in Dallas] and seeing the number of people that are just starting out in their careers and out walking, getting exercise. I can’t emphasize this enough, there were thousands of people – I almost couldn’t make my way, I had to keep going around people,” she said. “It was a really nice thing to see.”
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“I think more and more you’re going to end up seeing places where you’ve got really robust talent pools, you have a lot of universities, and it’s going to be a place where we’re going to attract young people,” Leslie added. “I think Dallas has a really bright future.”
Business
NFL’s Rams and 49ers head to Australia in international expansion

The San Francisco 49ers and the Los Angeles Rams are heading to Australia, marking the longest-ever distance two NFL teams have traveled for a game.
It’s all part of the league’s push to expand American football globally. A record nine international regular-season games will be played in 2026 – kicking off in Melbourne, the city’s first NFL game, and followed by inaugural match-ups in Rio de Janeiro and Paris. The schedule also brings professional football to London, Madrid, Munich and Mexico City.
NFL owners have already approved 10 international games for the 2027 season – the maximum number of games the league can play outside the United States per its current collective bargaining agreement with players.
While NFL games are consistently the most-watched programming on television, the vast majority of the league’s interest is American. For some context, last year’s Week 1 game in Sao Paulo, Brazil — streamed on YouTube — between the Kansas City Chiefs and the San Diego Chargers drew 18.5 million viewers in the U.S. and just 1.2 million viewers internationally.
That delta is what’s driving NFL Commissioner Roger Goodell to seek global growth. Goodell has previously said he’d like to have up to 16 international games on the schedule. He also recently said he had “no doubt” a team would eventually be permanently located outside the U.S.
NFL boss Roger Goodell speaks at a press conference before Super Bowl LX between the Seattle Seahawks and the New England Patriots.
Maximilian Haupt | Picture Alliance | Getty Images
“We are committed to continue to grow every year in what we’re doing,” NFL Executive Vice President Peter O’Reilly said in a conference call for reporters on Wednesday. “We learn in each new market and then build upon that. That will be true as we move forward. As the commissioner said, we have aspirations to go beyond that. We want to do it the right way – to go to the right markets at the right time.”
The NFL has a designed strategy to grow the game internationally. One key part is the league’s relatively little-known Global Markets Program. Launched in 2022, the program gives NFL teams specific international marketing rights to build brand awareness and fandom.
Every team owns at least one market. When games are played abroad, the teams that own those markets are the de facto “home team.” The Rams own marketing rights in Australia. Later this year, when the 49ers play in Mexico – a region where they own rights – they’ll be the home team.
NFL clubs can apply for rights to international markets by submitting proposals to the International Committee for review each spring. The markets are often mildly based on geography. For example, the Rams own marketing rights in countries more easily accessible by West Coast teams, such as Australia, China, Japan, South Korea, New Zealand and — like the 49ers — Mexico. It also owns rights in the United Arab Emirates.
Other franchises’ rights are more driven by their specific owners’ wishes. The Detroit Lions own Austria, Brazil, Canada, Germany and Switzerland. The Los Angeles Chargers have Greece – and only Greece. Chargers owner Dean Spanos has Greek heritage.
The NFL has chosen a team-led strategy to grow fandom internationally because it wants buy-in from its franchise owners, O’Reilly said.
“It’s one part of a larger strategy,” O’Reilly said. “Having a favorite team is a key driver of lifelong fandom. Giving the clubs the option to apply, you want them to align with markets they’re going to get behind. For the vast majority, those markets align with the markets we’re committed to. It allows clubs the freedom to tailor to their priorities … working with our folks on the ground. “
Entering this season, 62 regular-season NFL games have been played outside the United States.
But there’s no certainty the NFL’s international strategy will significantly increase the sport’s popularity.
Some of the challenge lies in time zone differences. Primetime games timed for a U.S. market mean taking the field in the middle of the night in Europe and in the morning in Australia.
The Rams and Niners are kicking off at 10:35 a.m. local time on a Friday next week.
It’s difficult to grow a sport globally when start times need to cater toward Americans. The NFL has found 9:30 a.m. ET to be a sweet sport start time for European games – but TV ratings for those games have consistently been lower than Sunday afternoon and night contests.
It’s also an open question of just how popular this international movement is with players, who must take long plane rides and battle jet lag with time differences.
While the 49ers left Wednesday for Australia, the Rams aren’t arriving in the country until next week, 24 hours before game time.
Business
Alibaba vs. Meituan: quality value against model-based upside

Alibaba vs. Meituan: quality value against model-based upside
Business
70% stock surge ‘is the beginning of the momentum’
A ChargePoint electric vehicle charging station in Hudson, New York, US, on Tuesday, Sept. 3, 2024.
Angus Mordant | Bloomberg | Getty Images
ChargePoint Holdings CEO Rick Wilmer believes a surge in the electric vehicle charging company’s stock Thursday is just “the beginning of the momentum,” he told CNBC.
Shares of ChargePoint increased more than 70% during afternoon trading after the company significantly beat Wall Street’s second-quarter expectations for its 2027 fiscal year and guided toward continued improvements in its performance.
It’s the most notable increase since it underwent a reverse stock split last year to raise its share price and maintain compliance with the New York Stock Exchange’s minimum trading price requirement of $1 per share.
“The growth is starting to accelerate,” Wilmer told CNBC during an interview Thursday morning. “It’ll be driven substantially by the new products and technology we’re putting into the market.”
ChargePoint, unlike some EV charging companies, does not actually own and operate its chargers. It provides hardware, software and services to customers, such as businesses, that want to offer chargers to their employees or customers.
The company after markets closed Wednesday reported revenue of $116.1 million and a loss per share of 35 cents during the quarter. That compared with analyst expectations of $105.2 million in revenue and a loss of 85 cents, according to average estimates compiled by LSEG.
ChargePoint stock over one day
Its performance was assisted by a one-time tariff refund of approximately $4.2 million in the quarter, but the company said its normalized gross margin would have still set a new record without the benefit.
“We’ve now had our fourth consecutive quarter of year-over-year growth, and this quarter we just reported yesterday was obviously another good growth quarter,” Wilmer said. “And now [we’re] expecting that to accelerate, especially as we move into next year.”
As part of its growth plan, the company has been introducing faster high-performance chargers, known as “Level 3,” in Europe, as well as next-generation products for the U.S., including Level 2 and Level 3 chargers.
The company also is using artificial intelligence to improve charging times for its customers, reduce how long it takes to develop software and improve efficiency across its business, Wilmer said.
Wilmer’s optimism comes despite a slowdown in all-electric vehicle sales during the past year, following the elimination of federal support for the industry in the U.S., including the end of an up to $7,500 consumer benefit for purchasing an EV.
“I think, altogether, the down cycle, or the doom and gloom, has been a bit overstated. I think there’s a lot more positivity at the ground level,” Wilmer said. “I just think in the end, better products can win.”
U.S. automakers are continuing to sell EVs, and demand in the used vehicle market is strong amid high gas prices, but the move to non-gas-powered vehicles has been significantly lower than many companies and analysts previously expected.
ChargePoint is toward the end of a three-year business plan spearheaded by Wilmer that focused on reducing cash burn and profits, including cutting net losses from $125.3 million three years ago to $35.6 million during its most recent quarter.
The company has not disclosed when it plans to be profitable, but Wilmer said the company is on its way to achieve a profit on an earnings before interest, taxes, depreciation and amortization basis.
“We’re approaching that quickly, and we want to get there ASAP,” he said Thursday.
ChargePoint’s third-quarter guidance for its 2027 fiscal year included revenue between $105 million and $115 million, which would be a mid-point increase of roughly 4% year-over-year.
Business
Mortgage rates rise to 6.71%: Freddie Mac
Payne Capital Management President Ryan Payne joins ‘Mornings with Maria’ to discuss the surge of private equity in sports. Billionaires like Jeff Bezos and Bob Iger are investing billions as professional sports team valuations skyrocket.
Mortgage rates rose to the highest level in more than a year, mortgage buyer Freddie Mac said Thursday.
Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.71% from last week’s reading of 6.66%. It was the highest reading since July 31, 2025, when the average rate on the 30-year fixed mortgage was 6.72%.
The average rate on a 30-year loan was 6.5% a year ago.

The average rate on the 30-year fixed mortgage rose to 6.71% on Thursday, according to Freddie Mac. (Daniel Acker/Bloomberg via Getty Images)
SLOWING LABOR MARKET CREATES NEW HURDLE FOR FIRST-TIME HOMEBUYERS FACING AFFORDABILITY SQUEEZE
“Purchase demand has remained relatively stable indicating steady interest from buyers adapting to evolving market conditions,” said Sam Khater, Freddie Mac’s chief economist.
The average rate on a 15-year fixed mortgage rose to 6.04% from last week’s reading of 5.98%.
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Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Though mortgage rates are not directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.74% as of Thursday afternoon.

Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. (Al Drago/Bloomberg via Getty Images)
Mortgage rates have risen since the start of the conflict between the U.S. and Iran earlier this year.
“The Middle East conflict has put upward pressure on oil prices, fueling inflation and pushing it further from the Fed’s 2% target,” said Realtor.com senior economist Jiayi Xu. “When the conflict appeared to be nearing resolution, bond yields declined and mortgage rates followed suit. But the latest escalation in Middle East tensions has driven oil prices higher, reviving inflation concerns and pushing yields and mortgage rates back up.”
Business
The Campbell’s Co. doubles down on electrolytes
CAMDEN, NJ. — The Campbell’s Co. is adding electrolytes to its V8 Energy line. The V8 Energy with Electrolytes line is offered in drink mix sticks and ready-to-drink (RTD) canned formats.
The drink mixes are made with magnesium and vitamins A, C, E and B.
The RTD cans are formulated with potassium, electrolytes and B vitamins.
Both formats are available in lemon lime, strawberry passionfruit and white peach flavors, and each flavor contains 80 milligrams of caffeine.
The cans are available online through Amazon and Walmart. The drink mixes will launch online later this year. Both products will roll out in retailers in 2027, according to the company.
The launch follows the limited-time launch of V8’s yuzu lemon Energy with Electrolytes beverage in March.
Business
Eaton: Strong Secular Growth, But Valuation Limits Upside (NYSE:ETN)
We primarily focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, and technology sectors. Please click the “Follow” button to receive our latest research. If you have any questions, feel free to reach out to us through the comments section of our articles or SA messaging functionality.Closely associated with Harshit Krishali
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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