Core Insights - Innoviz Technologies Ltd. (NASDAQ:INVZ) is recognized as one of the top 12 autonomous driving stocks to consider for investment [1] Group 1: Partnership and Technology Development - Innoviz Technologies Ltd. has partnered with Vueron Technology to integrate LiDAR data from Innoviz's products into Vueron's AI development platform, enhancing perception development for automotive manufacturers and smart infrastructure providers [2] - The collaboration aims to streamline development workflows by combining Innoviz's LiDAR sensors with Vueron's AI software capabilities [2] Group 2: Product Availability - Innoviz's off-the-shelf LiDAR solution, InnovizSMART, is now generally available, featuring high production capacity and quick order lead times [3] Group 3: Financial Performance - In Q3 2025, Innoviz reported sales of $15.3 million, a significant increase from $4.5 million in Q3 2024, driven by LiDAR products and NRE services [4] - Operating expenses in Q3 2025 were $18.1 million, reflecting a 30% decrease from $26.0 million in Q3 2024 [4]

Core Insights - WeRide Inc. (NASDAQ:WRD) is recognized as one of the 12 best autonomous driving stocks to invest in currently [1] - Citi analyst Jeff Chung has placed a 90-day upward catalyst watch on WeRide, maintaining a Buy rating with a price target of $15.30, anticipating potential upside from a Waymo financing round [2] - WeRide has introduced WeRide GENESIS1, a proprietary simulation model that enhances the development and validation of autonomous vehicles [3] Group 1: Company Overview - WeRide Inc. operates as an investment holding company focused on autonomous driving vehicles, including robobuses, roboaxis, and robosweepers, along with associated sensor suites [4] Group 2: Financial Projections and Market Position - Citi forecasts WeRide's valuation at 34 times price-to-sales in 2025, with an expected valuation of 280 times price-to-sales for Waymo in the first quarter [2] - The company is expected to benefit from improved investor sentiment regarding its potential inclusion in the Southbound Stock Connect in June [2] Group 3: Technological Advancements - The WeRide GENESIS1 model integrates generative and physical AI to create realistic virtual environments and simulate rare driving scenarios, enhancing performance and reducing development cycles for autonomous vehicles [3]

Core Insights - Mobileye Global Inc. (NASDAQ:MBLY) is recognized as one of the top autonomous driving stocks to consider for investment [1] - The company's revenue projection for 2026 is lower than Wall Street expectations, with analysts predicting $2 billion while Mobileye anticipates between $1.90 billion and $1.98 billion [2] - The decline in share price by 5% is attributed to the uncertain demand for assisted-driving chips amid a challenging environment for automakers [2] Revenue and Financial Performance - Mobileye reported fourth-quarter revenue of $446 million, surpassing analyst expectations of $432.3 million [3] - The company’s revenue outlook is cautious due to the impact of high tariffs on automakers, which may indirectly affect demand for Mobileye's products [2][3] Industry Context - Automakers are adjusting their supply chains and production plans in response to U.S. tariffs on imported vehicles and parts [3] - North American automakers are scaling back their electric vehicle strategies due to competition from China, reduced tax incentives, and a shift towards more affordable models and hybrids [3] Company Overview - Mobileye specializes in developing and implementing autonomous driving technologies and driver assistance systems [4]

Core Viewpoint - Pony.ai (PONY.US) shares rose over 4% to $14.97 following the announcement of a strategic partnership with Moore Threads focused on L4 autonomous driving technology and its large-scale application [1] Group 1: Strategic Partnership - The collaboration between Pony.ai and Moore Threads aims to enhance the training and optimization of Pony.ai's core technologies, including world models and virtual driver systems [1] - This partnership represents a significant example of collaborative innovation within China's artificial intelligence sector [1] Group 2: Technological Advancements - Pony.ai will be the first to apply domestic AI computing power on a large scale in critical training and simulation processes for autonomous driving [1] - The partnership marks the entry of Moore Threads' fully functional domestic GPU into the core field of autonomous driving [1]

Group 1 - Waymo completed a $16 billion financing round, achieving a post-money valuation of $126 billion, making it the first Robotaxi unicorn to surpass a $100 billion valuation [3][5] - The valuation increased from $45 billion in October 2024 to $126 billion in just over a year, reflecting a doubling in value [3][14] - The financing round was led by prominent investors including Dragoneer Investment Group, DST Global, and Sequoia Capital, with Alphabet contributing approximately $13 billion [6][8] Group 2 - Waymo's journey began in 2009 as a Google internal project and became an independent subsidiary of Alphabet in December 2016 [10][11] - The company launched its first commercial service, Waymo One, in late 2018, rapidly expanding its operations and accumulating significant user data [11][12] - By 2023, Waymo had established stable operations in several major U.S. cities, with weekly paid orders exceeding 450,000 [14] Group 3 - The autonomous driving sector saw a total of $58.2 billion in financing across 35 companies in 2025, nearly tripling the amount from 2023 [18][19] - Recent investments are increasingly focused on companies with clear commercial applications, such as L2 level assisted driving and L4 applications like Robotaxi and autonomous delivery vehicles [19][20] - The competitive landscape is expected to intensify as leading companies secure funding and vie for market share and commercialization progress [20]

Core Viewpoint - WeRide and Uber are expanding their strategic partnership to deploy at least 1,200 Robotaxis across the Middle East, with completion expected by 2027 [1][2]. Group 1: Partnership Expansion - The deployment will cover Abu Dhabi, Dubai, and Riyadh, with all Robotaxis available through the Uber app [2][5]. - The fleet will be progressively scaled up as regulatory approvals and performance milestones are achieved [2][5]. Group 2: Market Impact - This announcement represents the largest Robotaxi commercial commitment in the MENA region, aiming for tens of thousands of Robotaxis globally in the next five years [3]. - The existing fleet in Abu Dhabi is averaging dozens of daily trips per Robotaxi and is on track to achieve breakeven unit economics [6]. Group 3: Operational Model - WeRide follows an asset-light operating model, with Uber or local third-party partners responsible for fleet operations [5]. - Currently, WeRide has more than 200 Robotaxis operating in the region, with plans to expand to 15 cities by 2030 [5]. Group 4: Company Background - WeRide is a leader in the autonomous driving industry, having tested or operated vehicles in over 40 cities across 11 countries [8]. - Uber has facilitated over 72 billion trips since its inception in 2010, focusing on creating opportunities through movement [9].

Core Viewpoint - Pony AI Inc. is set to hold an extraordinary general meeting (EGM) on April 2, 2026, to consider and potentially pass proposed resolutions supported by the board of directors [1]. Group 1: Extraordinary General Meeting (EGM) - The EGM will take place at 11:00 a.m. Beijing time on April 2, 2026, at Datang Industrial Park, Guangzhou, China [1]. - The EGM will follow class meetings for holders of Class A and Class B ordinary shares, which will also occur on the same date and location [2]. - Shareholders and holders of American depositary shares (ADSs) are encouraged to vote in favor of the proposed resolutions [1]. Group 2: Voting Eligibility - Holders of record of the Company's ordinary shares as of February 27, 2026, are entitled to attend and vote at the EGM and the class meetings [3]. - ADS holders must provide voting instructions to Deutsche Bank Trust Company Americas to exercise their voting rights for Class A ordinary shares [3]. Group 3: Company Overview - Pony AI Inc., founded in 2016, is a leader in the mass production and commercialization of autonomous driving technology [4]. - The company focuses on delivering safe and reliable autonomous driving solutions, powered by its proprietary technologies [4]. - Pony AI operates globally, with a vision of "Autonomous Mobility Everywhere," and has established extensive partnerships across the autonomous driving value chain [4].

Market Overview - The stock market closed mixed, with the Dow up 0.5% (259 points), while the NASDAQ fell 1.5% [1][2] - The S&P 500 was down about 0.5%, but the equal-weighted S&P 500 index closed up nearly 1% at a record high [2][3] - Small-cap indices showed varied performance, with the Russell 2000 down 0.7% and the S&P 600 up 0.9% [3] Sector Performance - The Dow Jones transports surged over 2% for three consecutive days, totaling an 8% increase, a trend not seen since May 2025 [4] - The materials sector led gains, with gold and silver trades up over 2%, followed by energy, which also rose by 2% [5] - The technology sector was the biggest loser, down 2.82%, with significant declines in major tech stocks like AMD (down 17%) and Palantir (down 11%) [5][6] Alphabet's Q4 Earnings - Alphabet reported Q4 operating income of $35.93 billion, slightly below the expected $36.95 billion, with total revenue of $113.83 billion, exceeding the estimate of $111.4 billion [9][10] - Google Cloud revenue was reported at $17.66 billion, surpassing the estimate of $16.2 billion, indicating strong performance in that segment [10][24] - The company projected 2026 capital expenditures between $175 billion and $185 billion, significantly higher than the consensus estimate of $120 billion, leading to a drop in stock price by about 6% in after-hours trading [11][12] Qualcomm's Q1 Results - Qualcomm reported Q1 EPS of $3.50, exceeding estimates of $3.41, with revenue of $12.3 billion, also better than the expected $12.2 billion [34][35] - The outlook for Q2 revenue is projected between $10.2 billion and $11 billion, below the previous estimate of $11.18 billion, due to headwinds from memory shortages in the smartphone market [36][40] - Qualcomm is diversifying its business beyond smartphones, focusing on markets like PC chips and robotics [37][38] Investment Strategies - A neutral stance on equities is maintained, with an underweight position in U.S. stocks compared to international markets, driven by attractive valuations overseas [43][45] - The current market environment shows targeted selling primarily in technology, with a focus on quality investments outside the tech sector [47][48] - Concerns about future earnings growth and valuation in the tech sector, particularly among the Magnificent Seven, are leading to a cautious investment approach [53][56]

Core Viewpoint - Pony.ai Inc. is expected to incur a net loss ranging from approximately $69 million to $86 million for the fiscal year ending December 31, 2025, compared to a net loss of $275 million for the fiscal year ending December 31, 2024 [1] Financial Performance - The anticipated net loss for Pony.ai Inc. is projected to be between $126 million and $143 million, down from a net loss of $274 million for the fiscal year ending December 31, 2024 [1] - The narrowing of net losses is primarily attributed to an increase in fair value gains on investments in publicly traded companies during the reporting period [1] Future Outlook - The financial performance of the group may fluctuate due to the volatility in the prices of publicly traded stocks held by the group [1]

Core Insights - Waymo has successfully completed a $16 billion financing round, resulting in a post-money valuation of $126 billion [1] - The investment was led by prominent firms including Dragoneer Investment Group, DST Global, and Sequoia Capital, with Alphabet remaining the largest shareholder [1][2] - The company plans to expand its ride-hailing services to over 20 additional cities by 2026, including major international markets like Tokyo and London [2][3] Funding and Growth - The new capital will be allocated towards international expansion, fleet growth, and hiring, while maintaining existing safety standards [3][4] - Waymo reported significant growth in 2025, tripling its annual ride volume to 15 million and surpassing 20 million lifetime journeys [5] - The company currently provides over 400,000 rides weekly across six major U.S. metropolitan areas [5] Safety and Performance - Waymo emphasized its commitment to safety, citing data from 127 million miles of fully autonomous driving, which resulted in a 90% reduction in serious injury crashes compared to human driving [4] - The company has transitioned from research milestones to operational excellence, as noted by Sequoia partner Konstantine Buhler [5] Competitive Landscape - The driverless ride-hailing market is becoming increasingly competitive, with Tesla and Amazon's Zoox also entering the space with their own services [6]