Workflow
Self - Driving Technology
icon
Search documents
Top Stock Movers Now: Nike, Boeing, MP Materials, and More
Investopedia· 2025-06-27 16:01
Group 1 - U.S. equities surged at midday, with the S&P 500 and Nasdaq reaching record highs due to a trade deal between the U.S. and China, with more agreements anticipated [1][5] - Nike (NKE) emerged as the top performer in the Dow and S&P 500 after reporting better-than-expected results and a positive outlook, indicating the success of its turnaround plan [1][5] - Boeing (BA) shares were positively impacted by the U.S.-China trade news, which is expected to enhance the company's sales in China [2] Group 2 - Shares of mining companies such as Nemont (NEM) and Freeport-McMoRan (FCX) declined as gold and other precious metal prices fell following the trade news [3][5] - The announcement of a collaboration deal between Cyngn (CYN) and Nvidia (NVDA) led to a significant increase in Cyngn's shares, which soared 171% [2] - Life sciences company Bio-Techne (TECH) experienced a decline in shares after warnings of "big-picture headwinds" facing the sector [3]
Waymo Expands Its Self-Driving Service Throughout California. Here's Everything to Know
CNET· 2025-06-17 18:37
Core Insights - Waymo is expanding its self-driving car services into more cities, including additional areas in the San Francisco Bay Area and Los Angeles, making autonomous rides more accessible to the public [1][2] Expansion of Services - Waymo's robotaxi service now covers Brisbane, South San Francisco, San Bruno, Millbrae, and Burlingame in the Bay Area, with plans to extend to Mountain View and parts of Palo Alto and Menlo Park [2] - In Los Angeles, the service area has expanded to over 120 square miles, including Playa del Rey, Ladera Heights, Echo Park, Silver Lake, and Sunset Boulevard [2][16] Current Operations - Waymo operates fully autonomous rides in Phoenix, San Francisco, Los Angeles, and Austin, Texas, using all-electric Jaguar I-Pace vehicles [3] - The company is set to launch its services in Atlanta via Uber later this year and plans to begin operations in Washington, DC, and Miami by 2026 [3][25] Manufacturing and Technology Development - Waymo is opening a new 239,000-square-foot autonomous vehicle factory in Phoenix, aiming to add 2,000 Jaguar I-Pace vehicles to its fleet [5] - The company has reached a preliminary agreement with Toyota to explore collaboration on autonomous driving technology [4] Safety and Performance Metrics - Waymo reports providing over 250,000 paid trips weekly, with its autonomous technology showing 88% fewer serious injury crashes compared to average human drivers [7][8] - The company has recorded significant reductions in crashes involving pedestrians (93%), cyclists (81%), and motorcyclists (86%) [8] Future Developments - Waymo is testing its sixth-generation self-driving technology, which includes enhanced sensors for better navigation in extreme weather [29] - The company has partnered with Hyundai to integrate its technology into the all-electric Ioniq 5 SUV, with plans for significant production over multiple years [30]