Why Serve Robotics Stock Popped Today

Serve Robotics has a lot of robots. It also has a lot of losses -- and not much revenue.Serve Robotics (SERV 14.94%) stock, which makes autonomous food delivery robots powered by artificial intelligence, surged 11.3% through 11 a.m. ET Monday. And why?This morning, Serve announced it has deployed its 1,000th autonomous delivery robot. Service with 1,000 smilesWithout context, it's hard to know how significant 1,000 robots is, but consider this: Serve deployed more than 380 third-generation robots in Septem ...