# Friday Morning Reads: Interesting News From Wall Street to robotaxis, current developments and analyses. - **Source:** [The Big Picture](https://ritholtz.com) - **Published:** 2026-07-17 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/c4b2ea90-ede4-4246-a10d-a04c408459b2 ## Wall Street's Golden Year Major banks like JPMorgan and Goldman Sachs are recording record transaction revenues this year. The market's risk-taking tendency is boosting financial institutions' profits. ## Strange Incidents in Robotaxis Passengers in self-driving vehicles are falling asleep, spilling food, and even giving birth. These incidents are increasing emergency calls. ## Blockchain Company Collapse Long Island Iced Tea rapidly lost value after changing its name to Long Blockchain Company. With SEC intervention, the company completely collapsed. ## Flexible Work Model A U.S. factory solved its labor shortage with flexible working hours. Non-traditional work models could be a solution to workforce issues. ## AI and Inefficiency Generative AI projects, despite trillion-dollar investments, are producing surprisingly inefficient results. ## Digital Freedom and Burnout The proliferation of technology is putting people under voluntary captivity. Digital freedom is resulting in fatigue and unhappiness. ## Sources covering this story - https://ritholtz.com/2026/07/10-friday-am-reads-507/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._