China

Electric Vehicles

Baidu’s Robotaxi Nears Profitability, While US Peers Are Stuck in Neutral

Photo by Kentaro IEMOTO via CC BY-SA 2.0

The company started operating some fully driverless robotaxi rides in September 2023, and said 45% of Q4 orders were fully driverless models.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Consumer

Temu Gets Spooked by Possible TikTok Ban

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read
Photo by Michael Förtsch via Unsplash

Electric Vehicles

Biden Reportedly Planning a 100% Tariff on Chinese EVs

But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.

2 min read
Photo by Tiger Lily via Pexels

International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

European productivity has increased only about 20% since 2000, about one-third the rate of the US.

2 min read

Geopolitics

US Mulls Export Bans on AI Software to China

Photo via Connor Lin / The Daily Upside

The US worries that models like ChatGPT could allow China to launch cyberattacks or even design biological weapons.

2 min read

Autos

GM Drives to a Big Q1 Profit

Photo by Truck Hardware via CC BY 2.0

GM said it grew market share across several pickup and SUV models, despite pricing incentives that were “well below” the industry average.

1 min read

Semiconductors

TSMC Lands Up to $11.6 Billion to Expand Arizona Chip Hub

Photo by Tyrone Siu via CC BY-SA 2.0

The Taiwanese chipmaker already had two factories in the works, and it’s getting some funds to build a third.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.