On July 10, 2025, Andrew Hill Investment Advisors disclosed in its second-quarter 13F filing with the SEC that it had purchased 25,219 shares of Nvidia (NVDA 2.01%) in the period. This boosted the firm's Nvidia holdings to 31,225 shares, a position that was worth $4.93 million as of July 10, 2025.What else to knowThe Nvidia position was 3.97% of the firm’s 13F AUM as of the end of Q2 2025.Andrew Hill Investment Advisors' top five holdings as of the filing:GLD: $19.85 million (16.0% of AUM)JPM: $12.04 millio ...

This video is sponsored by Augment Code. More on them later. All right, first we have an update from Thinking Machines.They just raised a massive amount of capital for what I actually don't quite know. There is very little public information about what they're actually doing. What we do know is that they're going to be training models for enterprise.They just raised $2 billion led by A16Z who basically funds every single investment on the planet at this point with participation from Nvidia, Excel, Service N ...

Key Takeaways NIO sold 72,056 vehicles in Q2'25, with ONVO and Firefly driving growth despite a dip in core brand sales. LCID produced 6,075 vehicles in the first half of 2025 - barely a third of its 20,000-unit full-year target. NIO's vehicle margin rose to 10.2% in Q1'25, thanks to cost cuts and new models targeting higher profits.China-based NIO Inc. (NIO) and California-based Lucid Motors (LCID) are chasing the electric vehicle (EV) opportunity with different approaches. While NIO is expanding into th ...

Financial Data and Key Metrics Changes - Freeport-McMoRan reported quarterly EBITDA of $3.2 billion and operating cash flows of $2.2 billion, with net unit cash production costs at $1.13 per pound, significantly improved from previous guidance and last year's second quarter [10][11][12] - The average copper realization price was over $4.5 per pound, approximately $0.20 per pound above international benchmark pricing [11] - The company expects copper sales in the second half of the year to be nearly 10% higher than the first half volumes [11][46] Business Line Data and Key Metrics Changes - Sales of copper and gold exceeded forecasts, with a net credit for operating costs at Grasberg of $0.99 per pound [10][37] - The startup of the new copper smelter in Indonesia was a significant milestone, with production of first cathodes expected by the end of the month [12][29] - The leach initiative is projected to achieve a run rate of £300 million by the end of the year, targeting £800 million per annum [15][34] Market Data and Key Metrics Changes - Copper prices averaged $4.32 on the London Metals Exchange and $4.72 on the U.S. COMEX exchange during the quarter [18] - The U.S. copper premium has tripled from second quarter levels, providing an approximate $1.7 billion annual financial benefit on U.S. sales [24][25] - Global copper demand continues to benefit from trends in electrification, AI technology, and decarbonization, with China and India being major growth markets [20][21] Company Strategy and Development Direction - Freeport-McMoRan is committed to its long-term strategy focused on copper production, with significant organic growth opportunities in the U.S. and a strong position in Indonesia and South America [6][9] - The company is advancing three major project opportunities in the Americas and is focused on innovation and technology to enhance productivity and cost performance [17][43] - The company aims to boost domestic copper supplies and is actively working on legislative recognition of copper as a critical mineral [27][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued strong financial performance, driven by high copper demand and successful operational initiatives [11][12] - The impact of tariffs on costs is being closely monitored, with an estimated potential 5% impact on operating costs [71] - The company is optimistic about the future, with expectations for increased production and lower costs in the coming years [32][46] Other Important Information - The company repurchased 1.5 million shares during the second quarter, with a total of 2.9 million shares repurchased in the first half of the year [14] - Freeport-McMoRan has a solid balance sheet with investment-grade ratings and no significant debt maturities until 2027 [53] Q&A Session Summary Question: Changes in mine plan and modeling updates - Management updates quarterly forecasts and has recalibrated the Grasberg ore grade model due to observed differentials in recovery rates [60][61] Question: Impact of tariffs on cost outlook - Tariffs are being monitored closely, with a potential 5% impact on costs, but the company is focused on driving efficiencies and cost reductions [71][73] Question: Discussions with the U.S. administration regarding financing or incentives - The company has engaged with U.S. government representatives to discuss its role as a major copper producer and potential incentives for domestic production [80][81] Question: Potential tariff exemptions for refined copper - No known exemptions for refined copper are currently anticipated, and the company is awaiting further details on tariff implementation [84] Question: Internal cost to operate the new smelter in Indonesia - The operating cost of the new smelter is estimated at approximately $0.27 per pound, with additional revenues expected from processing [88] Question: Thoughts on building a smelter in the U.S. - The company is studying the potential for expanding the Miami smelter but emphasizes the near-term opportunity lies in the leach initiative [95][98]

Charts & Data Courtesy of MarketSurge Inc. Charts & Data Courtesy of MarketSurge Inc. A Closer Look At The Fundamentals The company has seen up and down earnings over the last few years. In 2020, the company made $2.64/share. In 2021, earnings jumped to $5.00. Then, earnings slid to $4.72 in 2022. Then, earnings grew to $5.74 in 2023. In 2024, the company earned $7.79/share and in 2025 earnings are expected to grow to $9.63/share. In 2026, earnings are expected to grow to $10.24/share. The stock sports a pr ...

Core Insights - Kodiak Robotics has appointed Mohamed "Mo" Elshenawy to its board of directors, enhancing its technology and self-driving leadership as it prepares for a public listing through a merger with Ares Acquisition Corporation II [1][6] - Elshenawy brings over two decades of experience in AI, product, and engineering across various sectors, including autonomous mobility and e-commerce, which will be crucial for Kodiak's growth [1][3] - The company aims to scale its autonomous trucking platform and has previously announced the addition of other experienced board members, Ken Goldman and Kristin Sverchek, to strengthen its leadership [5] Company Overview - Kodiak Robotics, founded in 2018, specializes in AI-powered autonomous vehicle technology, focusing on addressing supply chain challenges through driverless solutions [7] - The Kodiak Driver, a virtual driver, combines advanced AI software with modular hardware, and is already operational without a human driver [7] - Kodiak aims to become a leader in autonomous ground transportation, serving both commercial and public sector clients [7] Leadership Experience - Elshenawy previously served as President and CTO at Cruise LLC, where he led the launch of the first commercial driverless rideshare service in San Francisco [2][3] - His experience includes technology leadership roles at Amazon, where he managed global engineering for the ReCommerce business and developed a retail big data analytics platform [3][4] - Elshenawy holds over 10 patents in AI, robotics, and autonomous vehicles, and is involved with the Software Advisory Board at Mercedes-Benz [4] Business Combination - Kodiak's merger with Ares Acquisition Corporation II is expected to close in the second half of 2025, pending stockholder approval and customary closing conditions [6] - Upon completion, the combined entity will be named Kodiak AI, Inc., with its stock expected to trade under the ticker symbols KDK and KDK WS [6]

TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB), a Canadian leader in aerial intelligence and cargo solutions, is pleased to announce the launch of its Condor XL heavy-lift drone program. Drawing on decades of helicopter operations experience, in-house avionics capabilities, and a renewed focus on rotorcraft-specific training, the company is introducing a next-generation platform designed to meet global demand for autonomous, heavy-lift drone solut ...

Core Insights - Cyngn Inc. has partnered with Drata to pursue SOC 2 Type II and ISO 27001 certifications, reinforcing its commitment to data security and customer protection [1][3] - The initiative is part of a broader cybersecurity program that includes a bug bounty program to identify and resolve vulnerabilities [3][4] - Prescient Security will act as the independent auditor for the certifications, and the company has engaged specialized legal counsel in data privacy and cybersecurity [4] Company Overview - Cyngn develops autonomous vehicle technology aimed at addressing challenges in industrial organizations, such as labor shortages and safety incidents [5] - The company's DriveMod technology allows customers to implement self-driving technology without significant upfront costs or infrastructure changes [6] - DriveMod products include the Tugger, which can haul up to 12,000 lbs with a payback period of less than 2 years, and the Forklift, designed for non-standard pallets [7]

点击下方 卡片 ，关注" 自动驾驶之心 "公众号 戳我-> 领取 自动驾驶近15个 方向 学习 路线 自动驾驶的"怪圈"？一边岗位虚位以待，一边人才难觅踪影！ 最近不少星友私信吐槽："柱哥，明明看到各家自动驾驶公司招聘信息满天飞，HC也不少，怎么投了简历就石沉 大海，面试后就没下文了？公司是真缺人还是假招聘？"，"某招聘网站上，3-5年薪资就上百万了，他们到底在 招什么人？" ，"端到端VLA，实验室没算力没实习，感觉毕业就是失业" 。 作为经历过否词行业起伏的人来看，这再正常不过。现在的自动驾驶行业，兜里有钱（或者刚融到钱）的公司， 花钱比以往谨慎太多了！ 市场预期回归理性，资本眼光更挑剔，"活下去"、"跑通商业模式"成为首要目标。烧 钱扩张的时代过去了，精打细算、聚焦核心、追求落地和盈利才是王道。行业深度调整和洗牌，可能就在未来1- 3年见分晓。 关键问题在哪？ 许多公司的技术栈（感知、规控、预测、地图定位、数据闭环）看似完备，但距离大规模、低成本、高可靠的商 业化落地仍有距离。"实验室效果"与"真实路况表现"之间，还隔着巨大的工程鸿沟！对于求职者来说，一方面需 要自己技术过硬，另外一方面需要非常适配自驾 ...

BEIJING, China, July 23, 2025 (GLOBE NEWSWIRE) -- PONY AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in large-scale autonomous mobility, today announced that the seventh-generation (“Gen-7”) Beijing Automotive Industry Corporation (“BAIC”) Robotaxi model began road testing in Beijing. With multiple Gen-7 Robotaxi models now undergoing road testing, Pony.ai is making significant progress to advance toward large-scale production and commercial deployment. The BAIC Robotaxi fleet is now ...