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Can Waymo Really Rule Self-Driving Cars in 2025?

Can Waymo Really Rule Self-Driving Cars in 2025?

Globe and Mail2 days ago

Waymo is now offering 250,000 rides per week, but it's not stopping there. The company is going to more than a dozen cities on "road trips," a precursor to opening commercial operations. In this video, Travis Hoium shows just how quickly the company's operations are scaling.
*Stock prices used were end-of-day prices of May 27, 2025. The video was published on May 28, 2025.
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Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!*
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet, Lyft, Mobileye Global, and Uber Technologies. The Motley Fool has positions in and recommends Alphabet, Tesla, and Uber Technologies. The Motley Fool recommends Mobileye Global and Volkswagen Ag. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

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Oil prices on track to decline for second week ahead of expected OPEC+ production increase
Oil prices on track to decline for second week ahead of expected OPEC+ production increase

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Oil prices on track to decline for second week ahead of expected OPEC+ production increase

Oil prices were stable on Friday, but on track for a second consecutive weekly decline, pressured by expectations of another OPEC+ output hike and uncertainty about U.S. tariffs after the latest legal twist kept them in place. Brent crude futures gained 23 cents, or 0.36 per cent, to US$64.38 a barrel by 5:49 a.m. ET. U.S. West Texas Intermediate crude rose by 32 cents, or 0.53 per cent, to US$61.26 a barrel. The Brent July futures contract is due to expire on Friday. The more liquid August contract was trading 30 cents higher, or 0.47 per cent, at US$63.65 per barrel. The two front-month contracts were headed for a marginal weekly decrease of roughly 0.5 per cent. Investors have priced in another hike by the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, ahead of a meeting between eight of its members on Saturday. 'The stage is set for another bumper production increase,' Westpac's head of commodity and carbon research, Robert Rennie, said in a note, potentially more than the 411,000 barrels-per-day hike decided on at the previous two meetings. Commerzbank analysts said that the oil price had fallen after media reports that some delegates had already indicated that they would probably decide on a further significant increase in production. 'The actual announcement is therefore likely to have only a limited effect,' they said in a note. The potential hike comes as the global surplus has widened to 2.2 million barrels per day, likely necessitating a price adjustment to prompt a supply-side response and restore balance, said JPMorgan analysts in a note. In the U.S., Trump's tariffs were to remain in effect after a federal appeals court temporarily reinstated them on Thursday, reversing a trade court's decision on Wednesday to put an immediate block on the most sweeping of the duties. The block pushed oil prices down more than 1 per cent on Thursday as traders weighed its effects. Analysts said uncertainty would remain as the tariff battles worked through the courts. Oil prices have lost more than 10 per cent since Trump announced his 'Liberation Day' tariffs on April 2.

3 American Growth Giants to Invest in for the Long Haul
3 American Growth Giants to Invest in for the Long Haul

Globe and Mail

time12 minutes ago

  • Globe and Mail

3 American Growth Giants to Invest in for the Long Haul

Many of the best growth stocks in the world are based out of the U.S. This is the land of both opportunity and innovation. Warren Buffett has always been bullish on betting on the U.S. because he's a big believer in American business. If you want to follow suit and invest in some of the country's best growth stocks, there are three excellent names that I don't think you can go wrong with in the long term: Nvidia (NASDAQ: NVDA), Eli Lilly (NYSE: LLY), and Palo Alto Networks (NASDAQ: PANW). These three stocks are growth beasts, and they still have plenty more room to run over the long haul. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Nvidia Chipmaking giant Nvidia, one of the most valuable companies in the world, is based out of Santa Clara, California. Its history goes back more than 30 years to 1993. One of the remarkable features of this business is that it has had only one CEO, Jensen Huang, who co-founded the company. That's a good sign of continuity and underscores just how stable the business has been over the years. In its most recent fiscal year, which ended on Jan. 26, the company reported $130 billion in revenue, which was more than double the $61 billion it posted a year earlier, as demand for its artificial intelligence (AI) chips remains robust. But what impresses me most is just how incredible its profit margins are: typically well north of 50%. Nvidia is based in the U.S. but it isn't immune to the effects of tariffs or trade wars, especially with China being a key market for its operations. But with such high profit margins, it's in much better shape than other companies to be able to absorb higher costs and headwinds related to economic uncertainty. That's why this can be a no-brainer growth stock to buy right now. Eli Lilly Indianapolis-based Eli Lilly is another great American growth stock to buy and hold. Founded in 1876, its history goes back nearly 150 years. And for decades, the business has been developing vital medicines for people to help improve their lives. One of the more exciting ones of late has been related to weight loss and obesity. Its GLP-1 drug Tirzepatide resulted in two highly successful products for Eli Lilly: Zepbound for weight loss and Mounjaro for diabetes. Together, those drugs generated more than $6 billion in sales through the first three months of 2025, representing nearly half of the top line, which rose by 45%. What's exciting here is that there is still so much potential for these drugs to generate more growth since they are still in their early stages. Plus, there are studies suggesting that GLP-1 drugs could even help with substance abuse by curbing addictions, which means there may be even more indications that tirzepatide is approved for in the future. And yet, Eli Lilly's business goes beyond just GLP-1, which is why this can be a fantastic growth stock to buy and hold. Tariffs could increase its costs, and a global trade war would affect its bottom line. But it, too, has some solid profit margins at around 22%. Palo Alto Networks Rounding out this list of impressive American growth stocks is Palo Alto Networks, a cybersecurity company founded 20 years ago. Like Nvidia, its headquarters is also in Santa Clara. And as all things related to AI grow, businesses and consumers alike will need to ramp up their cybersecurity. Since the need for cybersecurity is ongoing, the company benefits from a large chunk of its top line being from recurring revenue. Its subscription and support segment generated $1.8 billion in sales for the quarter ended April 30, which accounted for 80% of its top line (product revenue made up the rest). And while overall revenue rose by 15%, the annualized recurring revenue for the company's next-generation security rose by 34%. Palo Alto's profit margin of 15% is light when compared to the other stocks on this list, but that's still a solid percentage of revenue flowing through to its bottom line. And it's a big improvement from just a few years ago when the business was still in the red. Results for the company's fiscal 2025 third quarter (ended April 30) included revenue of $2.3 billion, up from $2 billion a year ago. GAAP net income was unchanged at $300 million for the quarter. Palo Alto has come a long way in recent years, and while it may look like an expensive stock, trading at more than 100 times its trailing earnings, that valuation should improve as it continues to scale up and its margins get even better. 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This fragrance company is trying to recreate the scent of extinct blooms
This fragrance company is trying to recreate the scent of extinct blooms

CTV News

time12 minutes ago

  • CTV News

This fragrance company is trying to recreate the scent of extinct blooms

What do you get when you combine a team of scientists, a lab specializing in sequencing DNA and some extinct species? While the answer could be the plot of 'Jurassic Park,' these are actually the foundations of Future Society, a biotech fragrance company that has changed the landscape of scent by conjuring extinct flowers. Working together with the Harvard University Herbaria — home to over five million botanical specimens — Future Society has successfully sequenced the genetic codes of preserved plants, some of which date back more than 150 years. Six of them have already been made into perfumes, with signature notes ranging from the green to woody and floral. Take the orbexilum stipulatum, a herbaceous, flowering plant that grew on Rock Island in the shallowest part of the old Falls of the Ohio and is last known to have flowered in 1881. The plant is thought to have been wiped out after the eradication of buffalo that used to migrate through the area, meaning its seeds were no longer dispersed far and wide. Then in the 1920s, the entire area was flooded by dams, submerging all hope for it. 'We set out to make scents we've never smelled before and fragrances that were previously not possible to make,' said Jasmina Aganovic, founder and CEO of Future Society and its parent company Arcaea, in a video interview with CNN. The six fragrances, Aganovic explained, have been made possible by DNA sequencing. 'It's similar (to the) technology that was used on and 23andme whereby users spit into a tube, send it away and wait to find out about their genetics,' she said. 'We used this technology on preserved plant specimens from extinct flowers, searching for scent molecules which started to provide a glimpse into what these extinct flowers might have smelled like.' Not an exact science Aganovic didn't set out with a grand plan for a certain flower she was desperate to smell, but wanted to demonstrate how new biological advancements could be used in the beauty sector. In a 'not very romantic' fashion, the Future Society team looked at how many specimens existed in the Harvard University Herbaria, how many samples they could get and which of those would be reconstructible, because DNA degrades over time, she said. 'Ultimately we didn't know if this de-extincting exercise was going to work, so it was a numbers game to try it out.' On the process, Aganovic explained: 'The actual specimens are small little snippets brought back to the lab and they undergo a series of chemical reactions to degrade them and ensure that all that's left is the DNA.' Part of the data that first emerged was very raw, Aganovic said. 'It smelled like something went through a lawnmower, because you're getting everything — not just the fragrant petals, you're getting the plant's stem, the leaves, who knows what… You don't just get the genetics for the flower in the petal, right? It's all of the genetics.' In other words, recreating an extinct bloom's scent is not, Aganovic points out, an exact science. Not least because scent is highly complex; for example, a jasmine flower or a rose is composed of hundreds — if not thousands — of different scent molecules and chemical compounds. 'We can draw an analogy to our own genetics,' explained Aganovic. 'We carry two copies of genes, one from our biological father, one from our biological mother, but even though our body carries those genes, it doesn't express both. What the body chooses to express is exactly the nuance here.' When the extinct plant DNA was sequenced, many different genes for the scent molecules were exposed — but not all 'turned on' when they were put into yeast, a living organism, she said. 'That narrowed down the olfactory profile and gave more confidence around the direction that the physical flower went in.' This fragrance company is trying to recreate the scent of extinct blooms The fragrances have evocative names such as Grassland Opera and Invisible Woods. (Erik Jacobs/Future Society via CNN Newsource) Technology with a human touch While Aganovic and her team were left with this genetic evidence, there was still work to do to interpret it. 'Having the DNA in yeast doesn't brew this beautiful, fine fragrance, it just gives us the scent profile. The actual blending and composition relies on perfumers' existing notes and compounds from their own libraries,' Aganovic explained. Future Society does not use the DNA to regrow the extinct blooms. There are also scant — and subjective — records available. If no one living has experienced the flower first-hand, how does Future Society determine which flowers warrant a fragrance? 'This is what I really love about this work,' said Aganovic, who is a scientist by training but has been working in the beauty industry since 2014. 'It wasn't just down to the arrogance of science. While we had the data, we actually relied on different areas of expertise including perfumers and their knowledge of aroma chemicals and botany to look at the lineage of these plants, what living plants they were related to, where they were growing and what their environment was like… These elements all gave hints to how we might reconstruct the smell through a mixture of art and science.' Indeed, Future Society worked with perfumers from famed scent houses Givaudan (which Arcaea also counts as an investor, alongside Chanel and Olaplex) and Robertet to source a mixture of fragrance notes — synthetic, natural, and bioengineered — inspired by the scent molecules of the extinct flowers to create the blends. The resulting scents are, according to the brand's website, 'tributes to' what the plants could have smelled like. Storytelling through scent Future Society worked with three different perfumers for their recreated scents, each of whom viewed the data through their own unique lens. Olivia Jan, who worked on the Grassland Opera fragrance imagined the scent of the herbaceous orbexilum stipulatum flower. 'The Orbexilum stipulatum flower grew near a waterfall, so I tried to make something wet, green, and lush,' Jan told Harper's Bazaar USA in 2023. Perfumer Daniela Andrier, who formulated two fragrances for Future Society, wanted to tell the story of extinction from the perspective of the Earth. The Reclaimed Flame scent is a tribute to South Africa's extinct Leucadendron grandiflorum, which last bloomed in 1960, while Invisible Woods focuses on India's extinct Wendlandia angustifolia, which went extinct in 1917 due to drought. '(Andrier's) palette of ingredients relied on earthy, herbal ingredients because that was the feeling she wanted to evoke,' explained Aganovic. Meanwhile, Jérôme Epinette formulated three fragrances, including the bestselling scent Solar Canopy, which is based on the hibiscadelphus wilderianus, a hibiscus flower from Hawaii which died out in 1912 due to deforestation. Epinette was fascinated by time travel, and wanted the wearer to feel like they were there with the flower in the forest or on the mountain. 'From the DNA data, we knew there were some earthy tones in there, hence the fragrance has vetiver (the scent of which some liken to dry grass or wet woods), but there were also some juicier, fruitier things — elements of lychee, some magnolia, some sour notes too,' added Aganovic. While portions of the technology used in these projects are similar to the work being done by companies such as Colossal (who in April claimed to have brought the dire wolf back from extinction), Aganovic is keen to keep her distance. 'We are not fully resurrecting these flowers. We are a beauty company focused on self expression through personal scent, and I know that it's not sexy like, 'oh, we brought back the wolves,' but I think it's important to acknowledge,' she said. 'This de-extinction stuff (makes me) feel uneasy because… I definitely get whiffs of 'in the future, we will just de-extinct things,'' Aganovic continued. 'We can't be so arrogant to think we can just 'science' our way out of our problems, because sure, you know, technology means we can bring species back, but what we can't bring back is the relationship that certain populations had with that plant. Ultimately the human relationship with our environment is not just copy pasteable.' By Nicole Mowbray, CNN

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