AI and memes leading the charge.No screenshot from Wale, so I’ll do the honours:i) Virtuals regains ‘Unicorn’ status as the team make several announcements yesterday with governance and veVIRTUALS VVAP going live.Agent Commerce Protocol (ACP) expected to land imminently with agent to agent commerce anticipated to drive a huge uptick in autonomous economic activity online.ii) Worldcoin trading as if the recent Reddit announcement suggests viability from real world integration to fight AI bots.Not the first t ...

Group 1 - Tesla's deliveries from April to June totaled 384,122, marking a 13.5% decline compared to the same period last year, indicating a continued slump in production [1] - Wall Street analysts had anticipated approximately 1,000 more deliveries than reported, highlighting a significant shortfall in expectations [1] - Tesla's profits for the first quarter fell by 71% to $409 million from $1.39 billion, with revenues dropping 9% to $19.3 billion, which were also below forecasts [9] Group 2 - Despite the negative delivery figures, analysts at Wedbush expressed optimism about Tesla's future, citing advancements in autonomous driving, robotics, and other technologies as key growth drivers [6] - The stock price of Tesla experienced a 5% decline earlier in the week but rebounded with a 4.5% increase on Wednesday, suggesting some recovery in investor sentiment [6] - The upcoming financial details for Tesla are expected to be published later this month, which may provide further insights into the company's performance [7]

Core Insights - Ouster, Inc. (OUST) shares have increased by 77.1% year to date, outperforming its industry, sector, and the S&P 500 composite [1][9] - The company is positioned to benefit from the growing adoption of LiDAR technology across various sectors, targeting a total addressable market projected to reach $19 billion by 2030 [2][11][13] Company Overview - Ouster specializes in digital LiDAR solutions combined with AI software, claiming to offer some of the highest-performing and lowest-cost solutions available [2] - The company aims to transition from a hardware-centric model to software-enabled solutions, focusing on recurring revenues [13] Financial Performance - OUST has achieved nine consecutive quarters of revenue growth and maintains a strong balance sheet with $171 million in cash and no debt [9][16] - The company targets annual revenue growth of 30-50% and gross margins of 35-40% [9][14] Market Position - OUST's recent merger with Velodyne has strengthened its digital LiDAR portfolio and expanded its customer base, aiming for over $75 million in annual cost synergies [12] - The company is also focusing on scaling its software-attached offerings and revamping its product lineup [11] Analyst Sentiment - The Zacks Consensus Estimate for OUST's earnings has seen upward revisions, indicating positive analyst sentiment [17] - The consensus estimates suggest significant revenue growth for 2025 and 2026, with earnings per share expected to increase by 16.4% and 24.1%, respectively [19] Competitive Landscape - OUST's performance contrasts with competitors like Aeva Technologies (AEVA), which has seen a 503.4% increase in shares year to date, and Luminar Technologies (LAZR), which has experienced a 48.7% decline [5][10] - OUST is competing in a rapidly evolving market with increasing demand for LiDAR technology across automotive, industrial, and smart infrastructure sectors [11][20]

African ride-hailing startup Moove is close to raising $1.2 billion in a debt round that will help it finance a rollout of an autonomous-driving fleet with Alphabet’s Waymo and expand in the US https://t.co/ZXzx6Zptfb ...

Designed for Permanent Contact With Variety of Liquids, AEC-Q200 Qualified Device Eliminates the Need for Costly Wire to Wire ConnectorsMALVERN, Pa., July 02, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new AEC-Q200 qualified NTC immersion thermistor. Featuring a miniature design with a compact sensor tip and thin insulated wire, the Vishay BCcomponents NTCAIMM66H is ideal for the small spaces of liquid-cooled automotive systems, where it provides a fast 1.5 s respon ...

The subsidies are going to be phased out. They're going to wait. This was anticipated.What does it mean for the business in the meantime. Look, I think that I mean, that was that was anticipated. I think the bigger focus here is it's all about autonomous. I mean, when I look at 90% of the future, value is ultimately going to be about autonomous robotics, and that's the future.It all comes down to when Trump came in. The goal was that this is going to be a fast tracked and autonomous road map in terms of a f ...

Core Insights - The launch of Tesla's Robotaxi in Austin marks a significant step in the autonomous vehicle (AV) sector, joining Waymo in offering driverless rides to consumers, indicating a competitive landscape that may benefit consumers through cost and efficiency improvements [1][2] - Waymo has established a lead in the driverless taxi race, leveraging advanced LiDAR technology, which has contributed to its impressive safety record and successful commercial operations in multiple cities [3][4][8] Technology Comparison - Waymo has logged over 56 million driverless miles across various cities, with plans for international expansion in 2025, showcasing its operational scale and ambition [3] - The primary technological difference between Waymo and Tesla lies in the use of LiDAR by Waymo, which provides high-resolution 3D mapping and precise object detection, while Tesla relies on a camera and AI-based system [4][6][7] Company Performance - Aeva Technologies has seen a remarkable 1,400% stock increase over the past year, attributed to its innovative 4D LiDAR system that measures both distance and velocity, distinguishing it from competitors [9][10] - Aeva anticipates revenue growth of 70% to 100% in 2025, projecting revenues between $15 million and $18 million, with a Q1 2025 revenue of $3.4 million, up from $2.1 million year-over-year [11] - Mobileye Global has faced a 35% decline in stock value over the past year, but its advanced driver-assistance systems and partnerships in autonomous technology may provide a path for recovery [12][14] Market Dynamics - Analysts express skepticism regarding Mobileye's stock despite its profitability, as it reported a Q1 2025 EPS of $0.08, indicating a stable financial position [14][15] - The competition in the AV sector is intensifying, with companies like Aeva Technologies and Mobileye Global positioned to capitalize on the growing demand for autonomous vehicle technology [8][12]

GUANGZHOU, China, July 02, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has become the first and only company authorized to road test autonomous logistics vehicles in Huangpu, Guangzhou, after securing the district's inaugural permit for its Robovan W5. WeRide’s Robovan W5 is authorized for road testing in Huangpu District, Guangzhou This marks the Robovan W5's second active road testing permit, following an earlier approval in Guangzhou's Nansha District ...

Core Viewpoint - VYNE Therapeutics Inc. is advancing its VYN202 program for treating moderate-to-severe plaque psoriasis after the FDA lifted a clinical hold for female patients on lower doses, while further data is needed for male subjects [1][2][4] VYN202 Program Update - The FDA placed a clinical hold on the Phase 1b trial due to testicular toxicity observed in dogs, but has now lifted the hold for female patients on 0.25 mg and 0.5 mg doses [2] - The 1 mg dose was excluded from the revised protocol due to a lower safety margin [2] - A 12-week non-clinical toxicology study is required to resume trials in male subjects, with the study design agreed upon with the FDA [2] Clinical Data Insights - The clinical data from the Phase 1b trial included 7 enrolled subjects, with 6 treated with VYN202 and 1 with placebo [3][5] - No serious adverse events or treatment discontinuations were reported, and all subjects treated with VYN202 showed improvement in psoriasis symptoms [7] - PASI scores improved by approximately 27% after 1 week and up to 90% by week 8 [7] - Significant reductions in serum cytokine levels were observed in subjects treated with VYN202, while no changes were noted in the placebo group [7] Future Plans and Financial Outlook - The company will not enroll new patients in the Phase 1b psoriasis study, extending its expected cash runway into Q4 2026 [4] - Further updates on the VYN202 program will follow the release of top-line results from the ongoing Phase 2b study of repibresib gel for non-segmental vitiligo [4] About VYN202 - VYN202 is an oral small molecule BET inhibitor with potential class-leading selectivity and potency for BD2, aimed at providing a non-biologic treatment option for immuno-inflammatory conditions [10] About VYNE Therapeutics Inc. - VYNE is focused on developing differentiated therapies for chronic inflammatory and immune-mediated conditions, leveraging its proprietary BET inhibitors to overcome limitations of earlier generations [11]

MOUNTAIN VIEW, Calif., July 2, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) issued a letter from the CEO: Cyngn Shareholders: Cyngn's autonomous DriveMod technology works on Tuggers, Forklifts, and in simulated NVIDIA environments. Cyngn's autonomous DriveMod technology works on Tuggers, Forklifts, and in simulated NVIDIA environments. Last week, Cyngn completed a $32 million capital raise, fully utilizing our shelf registration. This funding strengthens our balance sheet and enables us to continue execu ...