The roads are about to change fast as the Cybercab will become common in the next several years. https://t.co/MJN8yytwl6 ...

RT Robert Scoble (@Scobleizer)Unlike other automonous vehicle companies, @Tesla had its customers:1. Pay for the R&D.2. Pay for the cars.3. Do the AI training.The world is about to change deeply.I've been doing a bunch of consumer research by interviewing customers of @waymo (a competitor).They almost universally tell me:1. They don't want to own a car anymore.2. They don't want to drive anymore.3. They don't want to take Uber anymore.And Tesla can underprice Waymo AND provide a better experience to boot. O ...

Summary of Cerence (CRNC) Conference Call - June 10, 2025 Company Overview - Cerence is a global leader in voice AI interaction within the automotive industry, spun off from Nuance Communication in 2019, focusing on automotive software solutions [4][5] - The company claims over 50% penetration in the global automotive market, with technology implemented in over 500 million vehicles [5][6] Key Points Market Position and Growth - Cerence is well-positioned in a growing market for automotive software, with strong relationships with major automotive OEMs [6] - The company has a unique market position with higher margins and less exposure to tariffs compared to other suppliers [8][10] Tariff Impact - As a software company, Cerence is not directly impacted by tariffs, but there are concerns about overall production implications [10][11] - The company anticipates limited production concerns for the upcoming quarter, despite potential tariff impacts [19][20] China Market - Cerence faces challenges penetrating the Chinese market due to strong local competition but maintains relationships with large Chinese OEMs for exports outside of China [12][13] - The company sees potential growth in relationships with Chinese OEMs for their products outside of China [13][15] Revenue and Royalties - Pro forma royalties have been relatively flat over the past year, with expectations for growth tied to new product launches and pricing strategies [20][21] - The company has seen a decline in prepaid license revenue, with a target of around $20 million for the current year [23][24] Pricing Per Unit (PPU) - The PPU metric has shown growth, increasing from $450 to $487 over the trailing twelve months, with expectations for further growth as new products are launched [25][26] - The company aims to increase PPU through higher penetration of its technology in vehicles and the introduction of more valuable AI products [30][31] AI Product Development - Cerence is excited about the upcoming XUI product, which will integrate a large language model for enhanced voice interaction capabilities in vehicles [45][46] - The XUI product aims to provide a unified interface for both embedded and connected features, enhancing user experience [34][60] Competitive Landscape - Competition comes from both big tech companies and smaller competitors, but Cerence believes its proven implementation capabilities give it an advantage [50][51] - There is a reluctance among OEMs to adopt big tech solutions, favoring branded experiences instead [62] Additional Insights - The company is focused on creating win-win situations with OEMs by potentially reducing costs while increasing capabilities [41][43] - Cerence is exploring ways to enhance user interaction through multimodal capabilities, allowing for more natural voice commands [39][40] This summary captures the essential points discussed during the conference call, highlighting Cerence's market position, challenges, and future growth strategies.

Group 1 - Uber Technologies has signed a deal with Wayve to develop self-driving taxis in the UK, aiming for public-road trials of Level 4 fully autonomous vehicles in London [1][2] - The UK is identified as the largest market for Uber's autonomous vehicle pilot programs, utilizing Wayve's AI platform alongside Uber's mobility network [2] - The UK government plans to fast-track self-driving commercial pilot approvals to spring 2026, potentially creating 38,000 jobs and boosting the economy [3] Group 2 - Uber is strategically partnering to enter the robotaxi market, avoiding high R&D costs associated with developing autonomous systems independently [4] - Lyft is also pursuing opportunities in the autonomous vehicle market, having formed partnerships with several companies, including Mobileye Global [5] Group 3 - Uber's shares have increased by 42.4% over the past six months, outperforming the Zacks Internet-Services industry's decline of 8.4% [6][9] - Uber's forward price/earnings ratio is 27.58, which is higher than the industry's 18.74, indicating a relatively expensive valuation [10] - The Zacks Consensus Estimate for Uber's earnings for 2025 and 2026 has been revised upward in the last 60 days [11]

OpenAI’s ChatGPT has weighed in on the prospects of electric vehicle (EV) manufacturer Lucid (NASDAQ: LCID) making investors millionaires.The AI’s outlook comes at a challenging time for LCID stock, which has dropped over 26% year to date. Lucid is trading at $2.22, down 0.22% as of press time. LCID YTD stock price chart. Source: FinboldIs Lucid a millionaire stockChatGPT offered a cautious “yes” with major caveats when asked whether Lucid could make someone a millionaire.The model pointed out that Lucid, v ...

Core Insights - Qualcomm Incorporated (QCOM) has experienced significant growth in its automotive segment, reporting a 59% year-over-year increase in Q2 2025 [1][8] - The company has established a strong client base, including major automakers and tech firms such as General Motors, BMW, and Google [1] - Strategic acquisitions, including Veoneer and Autotalks, have enhanced Qualcomm's capabilities in driver-assistance technology and vehicle-to-everything (V2X) communication [2][3] Automotive Segment Performance - Qualcomm's automotive segment is projected to generate $3.7 billion in revenue, reflecting a 27.3% year-over-year growth [3] - The company secured 30 new designs in Q2, including five ADAS programs from various automakers, indicating strong demand for its Snapdragon Digital Chassis product portfolio [3][8] Competitive Landscape - Qualcomm faces competition from NVIDIA and Intel in the automotive sector, with NVIDIA focusing on AI-driven connectivity and Intel's Mobileye expanding in autonomous car technology [4][5][6] - Despite the competition, Qualcomm's strategic acquisitions and product offerings are expected to maintain its competitive edge in the automotive market [6][8] Financial Performance and Estimates - Qualcomm's shares have declined 25.5% over the past year, contrasting with the industry's growth of 18.1% [7] - Earnings estimates for 2025 have decreased by 0.17% to $11.8 per share, while estimates for 2026 have decreased by 3.18% to $12.19 [11]

Aptiv (APTV) 2025 Conference June 10, 2025 10:30 AM ET Speaker0 I'm excited to host the next fireside chat. It's one of the few overweights. Most of you probably know I'm fairly cautious on the sector right now. But I think there's good catalysts here with Aptiv spinning their EDS business, I think, to focus on the connectors, software and active safety, which are sort of the higher higher growth areas and sort of, I think, make a favorable sum of the parts comparison when that happens. And it's also one of ...

Key Takeaways LYFT stock jumped 36.7% in 3 months, beating peers and the Internet Services industry average. Q1 gross bookings rose 13% to $4.6B, with record 24.4M active riders and 218.4M total rides. LYFT raised its share buyback to $750M, planning to use $200M in the next 3 months alone.Lyft (LYFT) has delivered a solid 36.7% gain over the past three months. This performance easily beats the Zacks Internet Services industry, which returned 6.6% during the same period. The stock has also moved ahead of ...

Core Points - Textron E-Z-GO LLC is celebrating National Golf Cart Day 2025 by offering a $500 discount on any new E-Z-GO vehicle purchased from authorized dealers [1][2] - The promotion runs from June 13-15, 2025, and can be combined with existing rebates from the "Red, White, & Built Right" savings event, which offers rebates between $1,000 and $4,000 on select models [2] - National Golf Cart Day, observed on June 13, marks the anniversary of E-Z-GO's founding in 1954, celebrating its 71st birthday this year [3] Company Overview - E-Z-GO, founded in Augusta, Georgia, is a leader in the design and manufacture of golf cars and utility vehicles, known for innovative sustainable electric-vehicle technology [6] - The company operates on a 54-acre campus in Augusta, employing over 1,000 people and producing tens of thousands of vehicles annually for a global customer base [4] - E-Z-GO's product lineup includes models such as RXV fleet golf cars, Freedom and Valor personal golf cars, and the E-Z-GO Express personal utility vehicles, with the latest innovation being the Liberty, which features four forward-facing seats [6] Industry Context - The golf cart industry plays a significant role in both the sport of golf and personal transportation, with E-Z-GO being an iconic American brand in this sector [5] - Textron Inc., the parent company of E-Z-GO, operates across multiple industries, leveraging its global network to provide innovative solutions and services [7]

June 6, 2025 06:01 AM GMT Investor Presentation | Asia Pacific China Autos Overview | M June 6, 2025 06:01 AM GMT | | Update | | --- | --- | --- | | Investor Presentation Asia Pacific | Morgan Stanley Asia Limited+ Tim Hsiao | | | | Equity Analyst | | | China Autos Overview | Tim.Hsiao@morganstanley.com | +852 2848-1982 | | | Stanley Wang | | | | Research Associate | | | | Stanley.Wang@morganstanley.com Pei-Chi Wang | +852 2848-7382 | | | Research Associate | | | | Peggy.Pc.Wang@morganstanley.com | +852 396 ...