Core Viewpoint - Bank of America Securities analyst Michael McGovern maintains a Buy rating on Uber Technologies while expressing caution regarding Lyft due to the rapid growth of Waymo in the autonomous vehicle (AV) sector [1]. Group 1: Autonomous Vehicle Market Dynamics - May Mobility is one of only two companies in the US currently providing rides without safety drivers, alongside Waymo [2]. - McGovern anticipates that the AV ecosystem will include demand aggregators (Uber, Lyft), vehicle manufacturers (Toyota), fleet operators (Marubeni), and autonomy providers (May, Waymo, Tesla) [3]. - May Mobility's partnerships with Uber and Lyft will enable it to receive thousands of trip requests every hour, enhancing route selection and asset utilization [4]. Group 2: Operational Developments - May Mobility is set to launch on Lyft in Atlanta mid-year, with riders assigned May vehicles based on trip selection [4]. - Uber's launch in Arlington, Texas, is expected at the end of the year, starting with driver-in testing before transitioning to driver-out rides [5]. Group 3: Technology Insights - May Mobility employs a combination of camera, LiDar, and radar technologies, with CEO Olsen advocating for camera technology due to its rapid advancements [6]. - The cost of LiDar and radar is expected to decrease as AV technology scales, although camera-only systems may not guarantee the best long-term solution for Level 4 autonomy [7]. - The analyst highlights the importance of sensor technology and mapping capabilities, noting that sensor costs become minimal when amortized over numerous rides [8]. Group 4: Competitive Landscape - The proliferation of multiple Level 4 AV providers is beneficial for Uber, which has nearly 20 AV partnerships and a global scale [9]. - Uber's stock has seen a 1.85% increase, reaching $87.20 [9].

The public feud between President Donald Trump and Tesla, Inc. TSLA CEO Elon Musk has eased for now, but the tension has weighed on Tesla's stock. However, Wedbush analyst Dan Ives remains bullish on Tesla ahead of Thursday's robotaxi launch in Austin. What To Know: In a research note published Monday, Ives said that the "timing of this globally watched frenemies situation" is not ideal as it coincides with the robotaxi launch. However, Wedbush still expects Tesla to launch its robotaxi services in 20 to 25 ...

Key Takeaways AMT saw strong Q1 2025 growth, with tenant billings up 5.2% and data center revenues rising 8.4% Legacy Sprint lease churn is pressuring U.S. revenues, with sub-4% growth expected through Q3 2025 AMT holds $11.7B in liquidity, but $36.86B in debt and high rates pose funding and expansion risksAmerican Tower Corporation (AMT) owns an extensive portfolio of around 149,000 communication sites globally, complemented by a network of well-connected U.S. data center facilities. This positions the c ...

Financial Data and Key Metrics Changes - Net revenue for Q1 2025 was USD 657 million, a 150% increase year over year and largely in line with Q4 2024 [27] - Cost of goods sold for the quarter was USD 888 million, an increase of 113% year over year and down 25% quarter over quarter [27] - Q1 2025 gross margin was -35%, an improvement from -59% in the same period last year [27] - Net loss for the quarter was USD 712 million, with a net loss margin of -109%, compared to -226% in Q1 2024 [30] Business Line Data and Key Metrics Changes - In Q1 2025, VinFast delivered 36,330 electric vehicles, representing a 296% increase year over year and a 32% decline quarter over quarter [7] - Two-wheeler deliveries reached 44,904 units, marking a 473% year over year increase and a 44% rise quarter over quarter [8] - B2C deliveries accounted for over 70% of total sales for three consecutive quarters through Q1 2025 [9] Market Data and Key Metrics Changes - In Vietnam, VinFast's market share of overall auto sales increased to nearly 40% in Q1 2025 from approximately 20% last year [15] - EV penetration in Vietnam reached nearly 40% in Q1, while BEV adoption in Indonesia was 7% and 3% in The Philippines [11] - Vietnam led Southeast Asia in automotive sales growth with a 24% year over year increase [15] Company Strategy and Development Direction - VinFast aims to double vehicle deliveries in 2025 and maintain strong momentum into 2026 [39] - The company is transitioning from a direct-to-consumer model to a dealer-based model to enhance efficiency [28] - New vehicle platforms and EE architecture are expected to drive long-term cost savings and operational efficiency [26][22] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about improved operating leverage driven by economies of scale [6] - The company is focused on scaling operations, accelerating product development, and executing cost optimization to achieve profitability [39] - Management acknowledged the challenges posed by global macroeconomic and trade uncertainties but remains committed to growth [7] Other Important Information - CapEx for Q1 2025 was USD 147 million, down 24% year over year and 40% quarter over quarter [30] - As of May 31, liquidity stands at approximately USD 2.4 billion, including various loans and grants [32] Q&A Session Summary Question: Timeline on new factories in Vietnam, India, and Indonesia - All facilities in Asia are expected to start operations this year, with the India factory opening in July [36] Question: Key catalysts for investors in 2025 - Growth will be driven by deeper market penetration in key international markets and new product offerings [39] Question: Timing of CapEx and when it might peak - Total CapEx planned for 2025 is USD 800 million, with over 50% allocated to R&D [44] Question: Expansion into the bus market - Deliveries of buses have already started in Vietnam, with plans to expand into other markets [46] Question: Average selling price (ASP) trajectory for the rest of the year - ASP for Q1 2025 was around USD 15,000, expected to remain under USD 20,000 for the full year [49] Question: Variable margin versus fixed costs in production - Variable costs are being optimized, with expectations for improvements in gross margin by 2026 [51] Question: Rationale for closing B2C showrooms in North America and Europe - Transitioning to a dealership model to enhance efficiency and scale globally [61] Question: Liquidity status - Total cash burn for 2025 is expected to be around USD 2 billion to USD 2.5 billion [64]

VinFast Auto (VFS) Q1 2025 Earnings Call June 09, 2025 08:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to FinFast Q1 twenty twenty five Financial Results and Q and A Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the call over to Amanda Baier, VP of Investor Relations. Thank you. Please go ahead. Speaker ...

Core Insights - Aethlon Medical, Inc. is presenting research on the Hemopurifier® device's ability to bind extracellular vesicles (EVs) in Long COVID samples at an upcoming symposium [1][6] - Long COVID affects an estimated 44 to 48 million people in the U.S., with a significant economic burden projected at $2 billion for those experiencing symptoms for a year [2] - The Hemopurifier is designed to remove harmful EVs from the blood, which are implicated in the pathogenesis of Long COVID [4][8] Company Overview - Aethlon Medical focuses on developing the Hemopurifier, an investigational device aimed at treating cancer and life-threatening infectious diseases [8] - The Hemopurifier has shown efficacy in removing life-threatening viruses and harmful EVs in pre-clinical studies [8] - The device has received FDA Breakthrough Device designation for treating advanced or metastatic cancer and life-threatening viruses [10] Research Details - The research presented will evaluate the binding of EVs from Long COVID patients to the Hemopurifier's affinity resin, which targets the sugar mannose [5][6] - The study involves collaboration with the University of California San Francisco Medical Center Long COVID clinic [5] - The poster presentation is scheduled for August 12, 2025, and will be available on Aethlon's corporate website afterward [6][7]

SAN JOSE, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that it will host a webinar to discuss the cloud native capabilities of the Nutanix Cloud Platform, including Nutanix Kubernetes Platform, Nutanix Data Services for Kubernetes and Nutanix Enterprise AI. Speakers will include:Thomas Cornely, SVP, Product ManagementDan Ciruli, Sr. Director, Product Management No financial information will be discussed during the event. Dat ...

VinFast(VFS.O)盘前涨近5%，公司计划今年将全球交付车辆数量至少翻一番。 ...

Well, President Trump told NBC News this weekend that he had no desire to repair his relationship with Tesla CEO Elon Musk after the two exchanged heated blows on social media last week. Two Wall Street firms downgraded shares of the EV maker Monday after the stock fell more than 14% in the past week. Our next guest is a longtime Tesla bear with a sell rating and a $170 price target on the stock.Ron Yoso, Guggenheim Securities automotive equity research director joins us now. Ron, good to see you here with ...

Industry Overview - The electric vehicle (EV) market is experiencing a slowdown in consumer interest, with only 16% of respondents likely to purchase an EV as their next vehicle, the lowest level since 2019 [3] - The percentage of consumers who believe most cars will be electric within the next decade has decreased from 40% in 2022 to 23% in 2023 [3] Consumer Sentiment - There is growing pessimism regarding battery repair costs, total costs, and charging infrastructure, with 62% citing high battery repair costs and 59% mentioning purchase price as reasons for avoiding EVs [4] - The average transaction price for a new EV in March was $59,205, significantly higher than the overall average transaction price of $47,462 [5] - Concerns about running out of charge while driving and the lack of convenient public charging stations were noted by 56% and 55% of respondents, respectively [5] Legislative Impact - The Trump administration's budget bill aims to reduce federal incentives for battery manufacturing and could eliminate the $7,500 EV tax credit if approved by the Senate [6] - The bill also proposes new taxes of $250 for EV owners and $100 for hybrid owners to support infrastructure [7] Company-Specific Insights - Rivian is entering 2025 without major vehicle launches and stagnating deliveries, lacking visible catalysts for growth [1] - Lucid Motors has achieved six consecutive quarters of record deliveries and is ramping up production of its new Gravity SUV, providing some momentum despite the overall decline in consumer sentiment [1][11] - Investors in Rivian should look for buying opportunities as the company awaits the R2 launch, while Lucid's ongoing production increases may help sustain its growth [10][11] Market Dynamics - Despite the decline in consumer sentiment, first-quarter data showed a 16% growth in EV registrations and an increase in market share from 6.9% to 7.7% year-over-year, driven by demand pull-ahead effects [9]