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Uber stock is approaching a return to record highs after concerns about competition from Waymo and Tesla sunk its shares late in 2024.
Key Takeaways: iMotion Automotive raised HK$228 million through new share placement, three months after raising a smaller HK$73 million Last month the company entered a strategic tie-up with Horizon Robotics aimed at speeding up sales of its intelligent driving solutions into mass-produced vehicles
Arm and Ambarella deserve just as much attention as Nvidia.
Lyft Inc (NASDAQ:LYFT) shares are trading higher Monday following a report indicating the company could launch robotaxis as soon as 2026.
Mentions: LYFT
BofA said it sees Mobileye’s 2025 guidance, which missed estimates, as offering stability despite cautious views on growth and profitability.
Lyft stock jumped after its chief executive announced a plan to offer robotaxis on its app "as soon as 2026."
Lyft Inc. will launch driverless rides with technology vendor and Intel Corp. spinoff Mobileye Global Inc. in Dallas as soon as 2026, building on a partnership that was first announced last November.
Amazon downgraded, Shopify upgraded: Wall Street's top analyst calls
Mobileye is well-positioned within the autonomous driving industry and can take share while deepening penetration with OEMs globally.