Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Speaking of tech, AI, quantum computing, why not add robots to the mix?
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Well, robo-taxis, because we are looking at General Motors, which announced Tuesday that it's scrapping its cruise robo-taxi program after nearly a decade and some $10 billion of development.
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The company said the restructuring was due to challenges like rising competition and the time and costs it needed to scale the business.
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The news did weigh on GM stock, which fell about 1% Wednesday and gained back some ground the rest of the week.
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But it hit rideshare stocks, Uber Technologies, and Lyft even harder.
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Those stocks can be affected by developments in the autonomous vehicle, or AV, space.
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Not to mention that Uber had recently partnered with Cruise to bring its robotaxis onto its ride-hailing platform.
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So on Wednesday, Uber and Lyft shares fell nearly 6 and 5 percent, respectively.
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And on a weekly basis, Uber lost more than 9 percent, while Lyft lost more than 11 percent.
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And now you know what's news in markets this week.
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You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.
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Today's show was produced by Pierre Bien-Aimé with supervising producer Michael Cosminas.
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I'm Francesca Fontana.
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Have a great weekend.
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Hey, listeners.
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It's Saturday, December 7th.
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I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them.
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Let's get to it.
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Welcome back and welcome to December.
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So just to recap, the S&P 500 and the Dow both ended last week in records and capped November as their best month of 2024.
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Showing 401–420 of 2,691 · page 21 of 135
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