Why Toyota Motor Stock Popped on Monday

When Toyota senses an accident coming, it wants to let AI take the wheel. Shares of Japanese automotive titan Toyota Motor (TM 2.26%) gained 2.6% through 12:25 p.m. ET Monday after Nikkei Asia reported that Toyota is partnering with local telecom Nippon Telegraph and Telephone (NTT) to develop artificial intelligence (AI) software that can predict an imminent accident and take control of a car to stop it. Yes, you read that right. Nikkei Asia just called Toyota an artificial intelligence stock, with all tha ...