Company Performance - Walgreens Boots Alliance Inc (WBA) reported better-than-expected earnings for Q3, with sales of $38.99 billion, reflecting a year-over-year increase of 7.2% (+6.9% on constant currency), surpassing the consensus estimate of $36.84 billion [2] - Adjusted EPS for Walgreens was 38 cents, down from 63 cents a year ago, but exceeded the consensus estimate of 34 cents [2] M&A Activity - Walgreens Boots Alliance withdrew its 2025 guidance as part of the merger agreement with Sycamore Partners, which is expected to close in Q4 of calendar year 2025 [3] Stock Movements - Cyngn Inc. shares surged 277% to $18.83 following a partnership announcement with Nvidia [9] - Ascent Solar Technologies, Inc. shares increased by 113% to $2.4799 after entering a collaborative agreement with NASA [9] - Worthington Steel, Inc. shares rose 13% to $29.69 due to stronger-than-expected financial results for Q4 [9] - Globavend Holdings Limited shares dropped 74% to $0.1835 after announcing a $15 million offering [9] - Altimmune, Inc. shares fell 56% to $3.4133 following disappointing trial results [9] - Reviva Pharmaceuticals Holdings, Inc. shares decreased by 54% to $0.3502 after announcing a public offering [9]

Core Viewpoint - Cyngn Inc. has announced a registered direct offering of approximately $15.0 million in shares of Common Stock and pre-funded warrants at a price of $5.01 per share, aimed at raising capital for general corporate purposes and working capital [1][3]. Group 1: Offering Details - The offering includes the sale of 2,994,012 shares of Common Stock or Pre-Funded Warrants, with the public offering price set at $5.01 per share [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised, with a minimal exercise price of $0.00001 [2]. - The transaction is expected to close on or about June 27, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes and working capital [3]. Group 3: Company Background - Cyngn develops and deploys autonomous vehicle technology tailored for industrial organizations, addressing challenges such as labor shortages and safety incidents [8]. - The company's DriveMod technology allows customers to integrate self-driving technology into their operations without significant upfront costs or infrastructure changes [9]. - DriveMod products include the Tugger, which can haul up to 12,000 lbs, and the Forklift, designed for non-standard pallets, with a typical payback period of less than 2 years [10].

Core Viewpoint - The article introduces the launch of the "Black Warrior 001," a lightweight autonomous driving solution aimed at educational and research purposes, highlighting its various functionalities and applications in different scenarios [3][6]. Group 1: Product Overview - The "Black Warrior 001" supports multiple functionalities including perception, localization, fusion, navigation, and planning, built on an Ackermann chassis [3]. - The product is currently available for pre-sale at a discounted price, with a deposit option to secure orders [2]. Group 2: Functional Demonstrations - The product has been tested in various environments such as indoor, outdoor, and parking scenarios, showcasing its capabilities in perception, localization, fusion, navigation, and planning [4]. - Specific applications include undergraduate learning, graduate research, and as teaching tools in academic laboratories and vocational training institutions [6]. Group 3: Hardware Specifications - Key hardware components include: - 3D LiDAR: Mid 360 - 2D LiDAR: from Lidar Technology - Depth Camera: from Orbbec, equipped with IMU - Main Control Chip: Nvidia Orin NX 16G - Display: 1080p [10]. - The vehicle weighs 30 kg, has a battery power of 50W, and a maximum speed of 2 m/s [12]. Group 4: Software and Functionality - The software framework includes ROS, C++, and Python, allowing for one-click startup and providing a development environment [14]. - Various functionalities supported include 2D and 3D SLAM, vehicle navigation, and obstacle avoidance [15]. Group 5: After-Sales and Maintenance - The product offers one year of after-sales support (excluding human damage), with free repairs for damages caused by operational errors or code modifications during the warranty period [37].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Uber's shares increased by approximately 7.6% following the announcement of a partnership with Waymo to offer rides in Atlanta exclusively through Uber's app [1] Group 1: Partnership Details - The partnership with Waymo allows Uber users in Atlanta to order rides in autonomous vehicles, marking the second market for this collaboration after Austin [2] - In Austin, over 100 Waymo vehicles are available exclusively through Uber, with an average trip rating of 4.9 stars [2] Group 2: Service Features - Riders in Atlanta can choose to ride in autonomous vehicles at no extra cost, with the option to switch to human-driven vehicles if desired [4] - Waymo riders will have 24/7 customer support accessible through the Uber app and Waymo's in-car screens [4] Group 3: Strategic Direction - Uber is not pursuing the development of its own self-driving cars but is focusing on partnerships with established players in the autonomous driving sector [5] - This strategy leverages Uber's extensive platform, fleet, and operational experience, presenting significant revenue opportunities [5]

Shares of Tesla soaring 10% today after the company launched its robo taxi service in Austin over the weekend. Our dear DBosa digs into what it means for this increasingly competitive race in autonomous. Hey Dean. Hey.Good morning Carl. So Tesla robo taxis are finally live, but in reality they're still in demo mode. They only operate during the day in good weather in limited areas with a human driver. Not a human driver, a human monitor riding up front in the passenger seat.Now, that hasn't stopped the stoc ...

Whimo has just surpassed 10 million fully driverless rides. That doubles its lifetime total in just the last 5 months. We drive in a week more than a human drives in a lifetime.You can say that as a company that runs fleets, but we're the only company where it's one driver. That's not the way the world is organized right now. FedEx has a lot of drivers. All of you who have Teslas have a lot of drivers. Like, everyone has a lot of drivers.And all of those drivers have different capabilities. This is one driv ...

Core Insights - Waymo is expanding its autonomous vehicle services into more cities, including recent expansions in the San Francisco Bay Area and Los Angeles, with plans to test in New York City next month [1][3] Expansion of Services - Bay Area riders can now hail fully autonomous rides in Brisbane, South San Francisco, San Bruno, Millbrae, and Burlingame, with select access 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 Mid-City to Inglewood [2][16] - Waymo plans to launch its service in Atlanta via Uber later this year, covering 65 square miles, and will also begin operations in Washington, DC, and Miami in 2026 [3][25][24] Partnerships and Collaborations - Waymo is expanding its partnership with Uber, allowing riders to hail Waymo vehicles through the Uber app in Austin and soon in Atlanta [20][18] - A collaboration with Toyota was announced to explore developing autonomous driving technology for personal vehicles [4] - Waymo is also partnering with Hyundai to integrate its sixth-generation technology into the Ioniq 5 SUVs, with testing expected to start by late 2025 [6][31] Manufacturing and Fleet Expansion - Waymo is opening a new 239,000-square-foot factory in Phoenix to add 2,000 fully autonomous Jaguar I-Pace vehicles to its fleet, which currently consists of 1,500 vehicles [5] - The factory's design will allow for the integration of upcoming sixth-generation self-driving technology into new vehicles [5] Safety and Performance Metrics - Waymo reports providing over 250,000 paid trips each week, with its autonomous technology showing 88% fewer crashes leading to serious injuries compared to average human drivers [7][8] - The company has driven over 71 million autonomous miles, reporting significantly fewer crashes involving pedestrians, cyclists, and motorcyclists [8] Future Developments - Waymo's sixth-generation self-driving technology aims to enhance vehicle capabilities, including better navigation in extreme weather [30] - The company is also testing fully autonomous rides on freeways in Phoenix and plans to expand these capabilities to everyday riders soon [31][32]

Group 1 - Waymo has applied for a permit to test its autonomous vehicles in New York City with a human driver behind the wheel, marking a significant step in its plans to serve New Yorkers in the future [2][3] - The company is advocating for changes to state law to enable the launch of its fully autonomous ride-hailing service in New York City, as current regulations do not support commercially operated autonomous vehicles [2][5] - Waymo currently operates fully autonomous robotaxis in several cities including Los Angeles, Austin, Phoenix, and San Francisco, with plans to expand to Atlanta, Miami, and Washington in the coming years [4] Group 2 - The permit application will allow Waymo to operate its vehicles autonomously in New York City while collecting mapping data and evaluating its technology with a human driver present [3] - In January, Waymo announced plans to test its autonomous vehicles in 10 new cities by 2025, which will help the company understand how its vehicles adapt to various traffic patterns and environmental conditions [6]

Core Insights - Waymo has applied for a permit to test its autonomous vehicles in New York City, marking its initial step in a complex regulatory process to introduce robotaxis in the largest U.S. city [1][2] Regulatory Environment - The permit application is with the New York City Department of Transportation to operate self-driving Jaguar I-Pace vehicles with a human safety operator present in Manhattan [2] - New York's regulations require a human driver to be able to take control, a $5 million insurance policy, and adequate training for test vehicle operators [2][3] - Current New York law is particularly restrictive regarding autonomous vehicles, making it challenging for Waymo to launch commercial operations or conduct tests without a human operator [3] Advocacy and Future Plans - Waymo is actively advocating for changes in state law to allow for the operation of vehicles without a human driver [4][5] - The company is engaging with various organizations to build goodwill in New York City and the state [4] - Positive discussions with lawmakers have occurred, with the aim of modifying the legal requirement that mandates a human must have at least one hand on the steering mechanism at all times [5] Market Potential - Waymo has been interested in the New York City market for several years, previously deploying Chrysler Pacifica minivans for mapping and manual driving in Manhattan [7] - The company has successfully scaled its operations in other U.S. markets, providing over 250,000 fully autonomous paid trips weekly in cities like Austin, Los Angeles, Phoenix, and San Francisco [10]