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Innoviz Technologies Ltd. (INVZ) Inks Deal with Commercial Vehicle Manufacturer
Yahoo Finance· 2025-09-18 16:40
Group 1 - Innoviz Technologies Ltd. has been selected to supply lidar units for SAE Level 4 autonomous class-8 semi-trucks, marking a significant contract win for the company [2][3] - The contract involves supplying InnovizTwo sensors and developing software modifications for vehicle integration, which highlights the company's capabilities in the autonomous vehicle sector [2][3] - Analysts project a 129% revenue growth for Innoviz as a result of this contract, indicating a strong potential impact on the company's expansion plans [3] Group 2 - Innoviz Technologies specializes in high-performance, solid-state lidar sensors and perception software, primarily targeting the automotive and autonomous vehicle industries [4] - The company's products, such as the InnovizTwo sensor, are designed to create detailed 3D maps of the environment, which are essential for safe autonomous driving [4]
X @Tesla AI
Tesla AI· 2025-09-17 19:25
Now available in 6 countriesA lot more to come!Tesla Australia & New Zealand (@TeslaAUNZ):FSD Supervised is now available in Australia and New Zealand https://t.co/0Lxsgz82na ...
X @TechCrunch
TechCrunch· 2025-09-17 16:49
The company owned by Tata Motors is estimated to be losing millions of pounds a week due to the shutdown. https://t.co/nbu5NO2iaD ...
X @Bloomberg
Bloomberg· 2025-09-17 16:32
General Motors is in early talks to renew its joint venture with China’s SAIC Motor, reflecting renewed optimism in the world’s largest auto market after years of decline https://t.co/gMNSabVTXA ...
X @Ashok Elluswamy
Ashok Elluswamy· 2025-09-17 16:23
You won’t need to drive anymoreTesla Australia & New Zealand (@TeslaAUNZ):FSD Supervised is now available in Australia and New Zealand https://t.co/0Lxsgz82na ...
X @Tesla
Tesla· 2025-09-17 16:10
Market Expansion - Tesla's FSD (Full Self-Driving) Supervised is now available in Australia and New Zealand [1] - FSD Supervised is rolling out in more countries [1]
PwC survey says the next industrial revolution is near. Are companies ready for it?
Yahoo Finance· 2025-09-17 11:50
Core Insights - The industrial sector is undergoing significant transformation driven by advancements in artificial intelligence and a shift towards geopolitical sovereignty, with companies needing to adapt to avoid irrelevance [3] - Major manufacturers, including Apple and TSMC, are investing billions in U.S. production to enhance quality control and speed to market, influenced by automation and government incentives [4] - A survey indicates that 90% of executives believe companies relying on distant suppliers will face extinction by 2035 if no changes are made [5] Industry Trends - There is a growing trend towards modular manufacturing, with nearly half of surveyed leaders expecting their operations to be fully modular within five years, a significant increase from 6% today [6] - The concept of "self-healing supply chains" is gaining traction, utilizing technologies like predictive maintenance and digital twins to enhance supply chain resilience and reduce downtime [7] - A survey of over 500 manufacturing executives reveals that 93% believe the industry is on the verge of a new industrial revolution, necessitating a reinvention of operational strategies focused on supply chain resiliency and energy independence [8]
Asian Markets Track Global Markets Lower
RTTNews· 2025-09-17 03:35
Market Overview - Asian stock markets are mostly trading lower, influenced by negative cues from global markets and concerns over the US Fed's anticipated interest rate cut [1][2] - Australian shares are notably lower, with the S&P/ASX 200 falling below 8,850, driven by weakness in mining and financial stocks [3][4] Australian Market Details - The S&P/ASX 200 Index decreased by 61.60 points or 0.69% to 8,816.10, while the All Ordinaries Index fell by 59.00 points or 0.65% to 9,092.20 [4] - Major miners like BHP Group and Rio Tinto are down over 1%, with Fortescue declining 1.5% and Mineral Resources slipping almost 3% [4][5] Company-Specific News - BHP announced plans to suspend operations and cut 750 jobs at a Queensland coking coal mine due to low prices and high state royalties [5] - In the tech sector, Afterpay owner Block is gaining almost 1%, while WiseTech Global and Xero are up more than 1% each [6] - PYC Therapeutics shares are down over 28% following the sudden resignation of CEO Dr. Rohan Hockings [7] Currency and Other Markets - The Australian dollar is trading at $0.668, while the Japanese stock market is modestly higher, with the Nikkei 225 up 93.52 points or 0.21% [8][9] - In the US market, major averages ended modestly lower, with the Dow down 125.55 points or 0.3% [14]
X @Bloomberg
Bloomberg· 2025-09-17 03:14
Japanese carmakers will strive to keep up the positive cycle of wage growth as a recent trade deal with the US enables the industry to avoid “catastrophic” impact from Trump tariffs https://t.co/qTM0PZLIK8 ...
SciSparc Stock Shoots Up Over 89% After Hours: What's Going On? - SciSparc (NASDAQ:SPRC), America Movil (NYSE:AMX)
Benzinga· 2025-09-17 02:50
Core Viewpoint - SciSparc Ltd. experienced a significant stock price increase of 89.13% to $3.48 in after-hours trading following a court-granted stay in merger proceedings with AutoMax Motors Ltd. [1] Group 1: Merger Proceedings - The Jerusalem District Court has granted AutoMax's request to delay merger proceedings until September 30 due to concerns about completing the merger and meeting closing conditions [2] - A merger agreement was signed between SciSparc and AutoMax on April 10, 2024, which has been revised due to operational difficulties at AutoMax [3] Group 2: Stock Performance - In 2025, SciSparc's stock saw a significant decline of 75.66%, with a high of $22.47 on January 6 and a low of $1.80 by Monday, with trading volume dropping to 123,000 shares [4] - The market capitalization of SciSparc is $2.98 million, with the stock trading between $1.75 and $37.59 over the past year, and it remains down 71.87% despite the recent surge [5] - During the regular trading session on Tuesday, the stock experienced a 2.22% increase [5]