Tesla completes first fully autonomous Model Y delivery ahead of schedule
June 27 (Reuters) - Tesla (TSLA.O), opens new tab CEO Elon Musk said on Friday that the first fully autonomous delivery of Model Y from the factory to a customer's home across town was completed a day ahead of schedule.
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Reuters
38 minutes ago
- Reuters
Even as markets rally, Trump's policymaking causes market angst
June 28 (Reuters) - As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of U.S. President Donald Trump's rapid-fire, sometimes chaotic policymaking process and see the rally as fragile. The S&P 500 and Nasdaq composite index advanced past their previous highs into uncharted territory on Friday. Yet traders and investors remain wary of what may lie ahead. Trump's April 2 reciprocal tariffs on major trading partners roiled global financial markets and put the S&P 500 on the threshold of a bear market designation when it ended down 19% from its February 19 record-high close. This week's leg up came after a U.S.-brokered ceasefire between Israel and Iran brought an end to a 12-day air battle that had sparked a jump in crude prices and raised worries of higher inflation. But a relief rally started after Trump responded to the initial tariff panic that gripped financial markets by backing away from his most draconian plans. JP Morgan Chase, in the midyear outlook published on Wednesday by its global research team, said the environment was characterized by "extreme policy uncertainty." "Nobody wants to end a week with a risk-on tilt to their portfolios," said Art Hogan, market strategist at B. Riley Wealth. "Everyone is aware that just as the market feels more certain and confident, a single wildcard policy announcement could change everything," even if it does not ignite a firestorm of the kind seen in April. Part of this wariness from institutional investors may be due to the magnitude of the 6% S&P 500 rally that followed Trump's re-election last November and culminated in the last new high posted by the index in February, said Joseph Quinlan, market strategist at Bank of America. "We were out ahead of our skis," Quinlan said. A focus on deregulation, tax cuts and corporate deals brought out the "animal spirits," he said. Then came the tariff battles. Quinlan remains upbeat on the outlook for U.S. stocks and optimistic that a new global trade system could lead to U.S. companies opening new markets and posting higher revenues and profits. But he said he is still cautious. "There will still be spikes of volatility around policy unknowns." Overall, measures of market volatility are now well below where they stood at the height of the tariff turmoil in April, with the CBOE VIX index now at 16.3, down from a 52.3 peak on April 8. "Our clients seem to have become somewhat desensitized to the headlines, but it's still an unhealthy market, with everyone aware that trading could happen based on the whims behind a bunch of" social media posts, said Jeff O'Connor, head of market structure, Americas, at Liquidnet, an institutional trading platform. Trading in the options market shows little sign of the kind of euphoria that characterized stock market rallies of the recent past. "On the institutional front, we do see a lot of hesitation in chasing the market rally," Stefano Pascale, head of U.S. equity derivatives research at Barclays, said. Unlike past episodes of sharp market selloffs, institutional investors have largely stayed away from employing bullish call options to chase the market higher, Pascale said, referring to plain options that confer the right to buy at a specified future price and date. Bid/ask spreads on many stocks are well above levels O'Connor witnessed in late 2024, while market depth - a measure of the size and number of potential orders - remains at the lowest levels he can recall in the last 20 years. "The best way to describe the markets in the last couple of months, even as they have recovered, is to say they are unstable," said Liz Ann Sonders, market strategist at Charles Schwab. She said she is concerned that the market may be reaching "another point of complacency" akin to that seen in March. "There's a possibility that we'll be primed for another downside move," Sonders addded. Mark Spindel, chief investment officer at Potomac River Capital in Washington, said he came up with the term "Snapchat presidency" to describe the whiplash effect on markets of the president's constantly changing policies on markets. "He feels more like a day trader than a long-term institutional investor," Spindel said, alluding to Trump's policy flip-flops. "One minute he's not going to negotiate, and the next he negotiates." To be sure, traders seem to view those rapid shifts in course as a positive in the current rally, signaling Trump's willingness to heed market signals. "For now, at least, stocks are willing to overlook the risks that go along with this style and lack of consistent policies, and give the administration a break as being 'market friendly'," said Steve Sosnick, market strategist at Interactive Brokers.
Reuters
an hour ago
- Reuters
US Senate Republicans aim to push ahead on Trump's sweeping tax-cut, spending bill
WASHINGTON, June 28 (Reuters) - U.S. Senate Republicans will seek to push President Donald Trump's sweeping tax-cut and spending bill forward on Saturday with a procedural vote that could kick off a marathon weekend session. The bill would extend the 2017 tax cuts that were Trump's main first-term legislative achievement, cut other taxes and boost spending on the military and border security. Nonpartisan analysts estimate a version passed by the House of Representatives last month would add about $3 trillion to the nation's $36.2-trillion government debt. Senate Republicans have been deeply divided over plans to partly offset that bill's heavy hit to the deficit, including by cutting the Medicaid health insurance program for low-income Americans. Republicans are using a legislative maneuver to bypass the Senate's 60-vote threshold to advance most legislation in the 100-member chamber. Their narrow margins in the Senate and House mean they can afford no more than three Republican no votes to advance a bill that Democrats are united in opposing, saying it takes a heavy toll on low- and middle-income Americans to benefit the wealthy. Trump has pushed for Congress to pass the bill by the July 4 Independence Day holiday. The White House said early this month that the legislation, which Trump calls the "One Big Beautiful Bill," would reduce the annual deficit by $1.4 trillion. While a handful of Republicans in both chambers have voiced opposition to some of the bill's elements, this Congress has so far not rejected any of the president's legislative priorities. A successful vote to open debate would kick off a lengthy process that could run into Sunday, as Democrats unveil a series of amendments that are unlikely to pass in a chamber Republicans control 53-47. Democrats will focus their firepower with amendments aimed at reversing Republican spending cuts to programs that provide government-backed healthcare to the elderly, poor and disabled, as well as food aid to low-income families. Senate Democratic Leader Chuck Schumer summarized the reasons for his party's opposition to the bill at a Friday press conference: "It has the biggest cuts to food funding ever" and could result in more than 2 million people losing their jobs, as he highlighted the Republican rollback of clean energy initiatives ushered in by the Biden administration. Republican Senate Majority Leader John Thune stressed the tax-cut components during a Friday speech to the Senate. "The centerpiece of our bill is permanent tax relief for the American people," he said as he showcased legislation that contains a new tax break for senior citizens and other taxpayers. The measure, Thune said, will "help get our economy firing on all cylinders again." It also would raise the Treasury Department's statutory borrowing limit by trillions of dollars to stave off a first-ever default on its debt in coming months. If the Senate manages to pass Trump's top legislative goal by early next week, the House would be poised to quickly apply the final stamp of approval, sending it to Trump for signing into law. But with Senate Republicans struggling to find enough spending cuts to win the support of the party's far right, Trump on Friday loosened the leash a bit, saying his July 4 deadline for wrapping it all up was "important" but "it's not the end-all." Among the most difficult disagreements Senate Republicans struggled to resolve late on Friday was the size of a cap on deductions for state and local taxes and a Medicaid cost-savings that could hobble rural hospitals.
Geeky Gadgets
an hour ago
- Geeky Gadgets
Claude Designer 3.0 : Vibe Coding UI Workflow (No Code)
What if designing user interfaces could feel less like a grind and more like an inspired flow? With the release of Claude Designer 3.0, that vision is becoming a reality. This isn't just another design tool—it's a bold reimagining of how we approach UI creation. By combining cloud code, parallel tasking, and AI-driven insights, Claude Designer 3.0 introduces a workflow that's as dynamic as the designs it helps produce. Imagine generating multiple polished prototypes simultaneously or automating tedious tasks with a few lines of code. For designers tired of bottlenecks and rigid systems, this platform promises to be a fantastic option. AI Jason explore how Claude Designer 3.0 is reshaping the creative process from the ground up. You'll discover how parallel tasking accelerates ideation, why cloud code unlocks unparalleled customization, and how AI tools are empowering smarter, faster decisions. Whether you're a seasoned professional or just starting out, the innovations packed into this platform will challenge how you think about design workflows. But is it truly the ultimate tool for modern UI creation, or does it come with trade-offs? Let's unpack the possibilities and see how this new approach could transform your design journey. Claude Designer 3.0 Overview Parallel Tasking: Accelerating Design Processes One of the core innovations of Claude Designer 3.0 is parallel tasking, a feature that enables you to generate multiple design variations simultaneously. This capability eliminates the bottlenecks associated with traditional, single-threaded workflows, allowing you to explore diverse design styles and layouts in a fraction of the time. For example: Sub-agents can automatically produce several design options, such as minimalist layouts, modern interfaces, or Kanban-style applications, without requiring manual input for each variation. With multiple options generated at once, you can focus your efforts on refining the most promising designs and gathering actionable feedback. This approach not only accelerates prototyping but also ensures a broader range of creative possibilities, making the design process more dynamic and efficient. Cloud Code: Unlocking Advanced Customization The cloud code feature introduces a new level of flexibility and control to your design workflow. By using a dedicated ` file, you can automate repetitive tasks, define custom rules, and tailor workflows to meet the specific demands of your project. Key functionalities include: Extracting comprehensive design systems from existing user interfaces. Generating custom HTML outputs tailored to unique use cases or requirements. Refining outputs in real time based on immediate feedback from stakeholders or team members. This high degree of customization ensures that your designs are not only efficient but also adaptable to evolving project needs, allowing you to respond quickly to changes and deliver results that align with your vision. Claude Designer 3.0 Overview Watch this video on YouTube. Master Parallel Tasking for UI Design with the help of our in-depth articles and helpful guides. Multi-Branch Development with Git Work Trees Managing complex design projects often requires juggling multiple iterations and experiments. Claude Designer 3.0 simplifies this process through Git work trees, which allow parallel agents to work on different branches simultaneously. This feature is particularly valuable for isolating and testing various design elements, such as typography, color schemes, or layout structures. For instance: One branch can focus on refining typography, while another explores alternative color palettes or layout configurations. Once the most effective options are identified, they can be seamlessly merged into the main production branch, making sure a cohesive final product. This structured approach promotes organization and collaboration, even when managing multiple design iterations, making it easier to maintain consistency and quality across all aspects of your project. Design System Extraction and Iteration Claude Designer 3.0 excels in simplifying the extraction and iteration of design systems, such as color palettes, typography, and component libraries. By using JSON files and parallel sub-agents, you can quickly generate multiple UI variations from a single reference design, saving time and effort. For example: A design system extracted from a reference UI can be used to create mockups tailored to different user personas or specific use cases. Feedback-driven iterations ensure that the final product aligns with your project goals and meets user expectations. This iterative process not only enhances the quality of your designs but also ensures their relevance and adaptability, making it easier to meet the demands of diverse projects and audiences. AI-Powered Tools for Smarter Design Artificial intelligence plays a pivotal role in Claude Designer 3.0, offering tools that enhance both the speed and precision of your design process. The cloud code SDK allows you to build custom coding assistants capable of automating complex tasks, such as generating wireframes or high-fidelity mockups. Additionally, a new cursor extension provides real-time UI previews, allowing you to visualize changes instantly. Key benefits include: Faster design iterations, supported by AI-generated insights and recommendations that guide your decision-making process. Improved accuracy and quality of designs, achieved through automated processes that reduce the risk of human error. These AI-driven tools not only reduce manual effort but also empower you to make data-driven design decisions, making sure that your projects are both efficient and effective. Addressing Challenges and Driving Future Innovation While Claude Designer 3.0 offers numerous advantages, it is not without its challenges. Current limitations include occasional bugs and slower performance when handling particularly complex workflows. However, ongoing development efforts are focused on optimizing task execution and expanding support for production-level applications. Potential future enhancements include: Improved sandbox management for multi-branch workflows, allowing for more seamless experimentation and testing. More robust tools for managing intricate design tasks, allowing greater precision and control over complex projects. These updates aim to address existing limitations while further enhancing the platform's capabilities, making sure that it remains at the forefront of UI design innovation. Collaboration Through Open Source The open source nature of Claude Designer 3.0 fosters a collaborative ecosystem where designers and developers can contribute to the platform's evolution. By sharing tools, workflows, and best practices, you can collaborate with others to experiment with new ideas and provide valuable feedback that drives innovation. This collaborative environment offers: Opportunities to shape the future of UI design by contributing to the development of innovative tools and features. A platform for sharing knowledge and learning from the experiences of others in the community. By participating in this ecosystem, you can help ensure that Claude Designer 3.0 continues to evolve in response to user needs, fostering creativity and innovation across the industry. Empowering the Future of UI Design Claude Designer 3.0 exemplifies how technologies like cloud code, parallel tasking, and AI-driven tools can transform UI design workflows. By allowing faster iterations, multi-branch development, and real-time customization, the platform enables you to create high-quality designs with greater efficiency and precision. With ongoing improvements and a vibrant community of contributors, Claude Designer 3.0 is setting new benchmarks for UI design, making it an indispensable tool for professionals navigating the rapidly evolving landscape of digital design. Media Credit: AI Jason Filed Under: AI, Guides Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
