Aurora Innovation(AUR)

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Aurora Innovation(AUR) - 2024 Q1 - Quarterly Results
2024-05-08 20:20
Exhibit 99.1 Aurora FIRST QUARTER 2024 SHAREHOLDER LETTER E a 174 0 B MAY 8, 2024 A letter to shareholders We are off to a strong start in 2024, driving purposefully toward our planned Com- mercial Launch at the end of the year and the subsequent scaling of our business. Commitment to our mission remains steadfast within Aurora, fueling some of the highest levels of employee engagement we have seen as a public company. It's this enthusiasm that drove our continued progress in the first quarter, including im ...
Hot Stocks: 3 Strong Contenders for a 200% Leap
InvestorPlace· 2024-03-21 20:53
Group 1: Growth Stocks Overview - Growth stocks are experiencing a resurgence, with the iShares Russell 2000 up nearly 5% year-to-date, driven by expectations of lower interest rates from the Federal Reserve [1] - The Federal Reserve's projection indicates a potential cut of 0.75 percentage points in the benchmark rate this year, which is likely to positively impact growth stocks [1] Group 2: Celsius Holdings (CELH) - Celsius Holdings has seen its stock price rise from $50 to around $90 since the end of January, indicating strong market interest [2] - The company's sales growth for the four-week period ending March 9 was 67% year-over-year, suggesting rapid popularity of its healthy carbonated drinks [2] - Q1 revenue is expected to exceed analysts' average estimates, further supporting the company's growth narrative [2] Group 3: Aurora Innovation (AUR) - Aurora's stock increased from $2.17 to $2.44 between March 11 and March 20, reflecting investor optimism [3] - The company plans to commercially launch its self-driving technology, Aurora Driver, later this year and aims for positive gross margins by the end of 2026 [3][4] - Aurora's technology is expected to enhance safety and operational hours for trucks, addressing the driver shortage issue in the industry [3][4] Group 4: Xpeng (XPEV) - Xpeng's stock surged from $7.87 to over $9.40 from February 5 to March 21, driven by impressive fourth-quarter results with a 154% increase in revenue year-over-year [5] - The company plans to launch 10 new models over the next three years and expand sales to additional countries [5] - Xpeng is set to introduce affordable EVs priced between $14,000 and $21,000, featuring advanced driver assistance systems, which could significantly boost demand [5][6]
Diamonds in the Dust: 3 Penny Stocks Set to Soar 500% by 2026
InvestorPlace· 2024-03-16 10:56
Penny stocks provide risk and profit but frequently lie in the shadows in the fast-paced world of investing. Nevertheless, three-penny stocks stand like diamonds in the dust among the chaos and uncertainties. These companies have the potential to reach previously unheard-of heights and anticipate a 500% increase in revenue by 2026.These stocks are more than simply wild speculations. They are well-thought-out examples of successful market penetration tactics, solid financial relationships and strategic allia ...
Aurora to Showcase Driverless Trucks Navigating Advanced Road Scenarios at Analyst and Investor Day
Businesswire· 2024-03-14 12:00
PITTSBURGH--(BUSINESS WIRE)--Today, Aurora Innovation (NASDAQ: AUR) is holding an Analyst and Investor Day at its headquarters in Pittsburgh where executives will share the company’s progress toward driverless deployment and its path to gross profit, scale and self-funding. For the first time, the company will publicly show the Aurora Driver – an SAE Level 4 autonomous driving system – navigating safety-critical scenarios without anyone on board. “Building on years of development and testing, our work to ...
Bold Bets: 3 Stocks for Those Who Dare to Dream Big
InvestorPlace· 2024-02-29 18:30
As the broader indices like the Nasdaq and the S&P 500 continue to move higher, this has led to this list of high-risk, high-reward stocks that investors should pay attention to. When the backdrop is bullish as it is today, investors could make some solid returns via investing in companies such as these, as a rising tide lifts all boats.It should be noted that these companies are especially risky. Most have speculative trajectories and could be considered contrarian plays that need to be examined closely be ...
Aurora to Host Analyst & Investor Day
Businesswire· 2024-02-20 14:00
PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation, Inc. (NASDAQ: AUR) will host an Analyst & Investor Day on Thursday, March 14, 2024 at its headquarters in Pittsburgh. The company will share details on its strategy to commercialize the Aurora Driver and scale autonomy across the trucking industry. Keynote presentations by Aurora executives are scheduled to begin at 8:45 a.m. EDT and are expected to conclude by 10:45 a.m EDT. Due to limited capacity, in-person attendance is by invitation only. The presentatio ...
Aurora Innovation(AUR) - 2023 Q4 - Earnings Call Presentation
2024-02-15 00:15
©2024 | Aurora F O U R T H Q U A R T E R 2 0 2 3 B U S I N E S S U P D A T E Proprietary F E B R U A R Y 1 4 , 2 0 2 4 ©2024 | Aurora Cautionary ...
Aurora Innovation(AUR) - 2023 Q4 - Earnings Call Transcript
2024-02-15 00:15
Aurora Innovation, Inc. (NASDAQ:AUR) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants Stacy Feit - Vice President, Investor Relations Chris Urmson - Co-Founder and CEO David Maday - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Justine Laufer - Bernstein Mark Delaney - Goldman Sachs Andres Sheppard - Cantor Fitzgerald Operator Greetings. And welcome to the Aurora Innovation Fourth Quarter 2023 Business Review Call. At this time, ...
Aurora Innovation(AUR) - 2023 Q4 - Annual Report
2024-02-14 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 001-40216 Aurora Innovation, Inc. (Exact name of registrant as specified in its charter) | --- | --- | ...
Self-driving vehicle company Aurora cuts 3% of its workforce
TechCrunch· 2024-01-24 22:20
Aurora Innovation, the autonomous vehicle technology company aiming to launch a “driverless” self-driving trucks business by the end of 2024, laid off dozens of workers this week, according to sources familiar with the action. The Pittsburgh-based company, which also has facilities in California, Colorado, Texas and Montana, has since confirmed that about 3% of its workforce was laid off following an organizational review.Aurora employed about 1,800 workers as of the end of 2023, according to the company.“A ...