What I Have Read This Week...
Tesla and Uber ridesharing partnership. iPhone 16 release Airpods 4. Latest on RAG from Google Cloud. Intel stock disaster. JPMorgan Chase's outlooks are "too optimistic" for 2025
Tech
Apple releases the iPhone 16 Series: On September 9, Apple introduced the iPhone 16 Pro and iPhone 16 Pro Max. It offers pro camera features, larger display sizes, improved graphics for gaming which are powered by the A1 Pro Chips
Airpods 4: Apple released the Airpods 4 which got FDA approved to improve hearing aid
Tesla and Uber ridesharing partnership: Tesla and Uber announced a groundbreaking in-car integration that directly uses Uber’s navigation and its ride management features into Tesla electric vehicles (EVs). You can know seamlessly integrate the Uber app into your EV’s infotainment system. Drivers now have a feature to receive trips requests that fall within the driving range based on their battery range.
Latest from Google Cloud: Generative AI models in real-time has been an issue for businesses. Therefore, factual data is key. Retrieval augmented generation (RAG) is used to ground AI models in real-time world data from their systems, ensuring accurate and trustworthy outputs. For instance, if an AI is helping employees select benefits, RAG would allow it to access up-to-date benefits policies rather than relying solely on its static training data. This avoids the need to frequently retrain models. Google Cloud is building products like Vertex AI to support RAG and AI grounding.
Finance and Economics
JPMorgan Chase drops by 5% on Tuesday, Sept 10: Shares fell 5% on Tuesday after the bank president told analysts the projected net interest income and expenses in 2025 were too “optimistic”. The current estimate is valued at about USD 90 billion, but is “not very reasonable” due to the Federal Reserve potentially cutting interest rates. If you're banking with Chase or have investments tied to interest rates, this could impact your savings and loan rates in the near future.
Intel’s stock (INTC) has been a disaster: The recent months have been a worries about the veteran chipmaker’s ability to turn around. Reportedly considering selling parts of its business and stopping efforts on projects. During the AI frenzy and rise of Nvidia along with other emerging chipmakers, Intel fell behind and is one of the worst-performing S&P 500 stocks.
Other
“A Circular Economy Handbook: How to Build a More Resilient, Competitive and Sustainable Business” by Catherine Weetman: The transition from a linear economy—where we take, make, and discard products—toward a circular economy is not just about sustainability, but about creating long-term value for businesses, consumers, and the environment. In a circular economy, resources are reused, waste is designed out, and natural systems are replenished. Companies will rethink how they design everything from laptops to sneakers, ensuring products last longer and are easier to repair, reuse, and recycle.
Here’s why this applies to you:
Resource Security & Price Stability: As resources become scarcer and more expensive. Businesses and consumers alike will benefit from circular systems that protect against shortages and price spikes.
New Revenue Streams: Circular models offer opportunities to generate revenue by transforming waste into valuable resources. For example, there will be a rise in services that turn waste into revenue by recycling or refurbishing.
Win-Win for Customers and Suppliers: Longer-lasting products for consumers → fewer purchases and better value for money over time.
Tech & IoT: Smart technologies like reverse vending machines (which can give you discounts for recycling) and blockchain (which ensures transparency and security in supply chains) are bringing the circular economy to your doorstep. Imagine trading in your old batteries for discounts or knowing exactly where your recycled materials go.
Thank you for reading! I hope you have enjoyed staying up to date in this fast-moving world. Don’t forget to leave a like and drop your thoughts in the comments below. See you next week!