- Test drivers for Waymo and Zoox sustained more than two dozen injuries in 2024 and 2025 caused by hard braking or sudden movements of autonomous vehicles.
- Autonomous vehicle startup Gatik secured $200 million in funding and a multiyear commercial agreement with PepsiCo as part of $600 million in contracted revenue.
- Other notable industry developments included Airbound raising $37 million in a Series A round and Regent Craft securing $120 million in a Series B round alongside $120 million in debt capital.
- Amid Federal Reserve rate uncertainty, investors increasingly turn to large-cap defensive dividend stocks like Consolidated Edison, Southwest Gas Holdings, and Coca-Cola for stability and steady cash flows.
- Consolidated Edison and Southwest Gas Holdings offer regulated utility models with yields of 3.3% and 2.9% respectively, though both face funding cost pressures, while Coca-Cola provides a 2.4% yield backed by global pricing power and strong cash generation despite a premium valuation.
- These companies demonstrate how defensive consumer staples and utilities handle market volatility driven by inflation and elevated borrowing costs.