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NASDAQ:PCAR 5 July 2025 - 17 January 2026

Nasdaq’s Wild Week: AI Mega-Deal Hype, Tariff Turmoil, and Tech Titans on Edge

Nasdaq’s Wild Week: AI Mega-Deal Hype, Tariff Turmoil, and Tech Titans on Edge

After charging to all-time highs on Monday, U.S. tech stocks hit some turbulence to end the week. The Nasdaq Composite Index gained +0.44% on Friday to close around 22,484 reuters.com, helped by a relief rally on in-line inflation data. That advance broke a three-day losing streak for stocks latimes.com. Even so, the Nasdaq Composite fell ~0.7% for the week, while the S&P 500 and Dow also logged modest weekly declines reuters.com reuters.com. This marked the end of a three-week run of gains for the Nasdaq and S&P reuters.com. The Nasdaq-100 index of top-tier tech shares showed a similar pattern – rebounding Friday but finishing slightly lower week-over-week.
Trump’s Tariff Tsunami: 100% Drug Tax and New Import Levies Rock Global Trade

Trump’s Tariff Tsunami: 100% Drug Tax and New Import Levies Rock Global Trade

In a dramatic escalation of his trade war, President Donald Trump on Thursday unveiled a new wave of tariffs targeting pharmaceuticals, trucks, and home furnishings. In a Truth Social post on September 25, Trump announced the U.S. will impose a 100% import tariff on any branded or patented pharmaceutical products starting October 1 – effectively doubling their price – “unless a company is building a manufacturing plant in the U.S.” reuters.com. “There will, therefore, be no Tariff on these pharmaceutical products if construction has started,” Trump clarified, incentivizing drugmakers to produce domestically reuters.com.
26 September 2025
Global Autonomous Ground Vehicle (AGV) Developments – June & July 2025

Global Autonomous Ground Vehicle (AGV) Developments – June & July 2025

Waymo’s Expansion and Tesla’s Trials: Alphabet’s Waymo continued to scale up its robotaxi operations. In mid-June, Waymo applied for a New York City permit to begin autonomous car tests – marking NYC’s first AV pilot if approved reuters.com. Waymo also expanded its service area in California’s Bay Area after new state approvals reuters.com. As of June, Waymo operates ~1,500 self-driving vehicles giving over 250,000 rides per week across San Francisco, Los Angeles, Phoenix, and Austin reuters.com. Meanwhile, Tesla prepared to kick off limited trials of a robotaxi service with as few as 10 cars in late June – the company’s first public foray into autonomous ride-hailing reuters.com. At the Aspen Ideas Festival on June 27, Ford CEO Jim Farley made news by endorsing LiDAR for safer self-driving, implicitly critiquing Tesla’s camera-only approach. “Where the camera will be completely blinded, the LiDAR system will see exactly what’s in front of you,” Farley said, underscoring Ford’s view that a mix of LiDAR, cameras and radar is needed for reliability evxl.co.
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