Autonomous Vehicles

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UBER and Momenta to Test Self-Driving Cars in Germany
Yahoo Finance· 2025-09-26 04:07
Uber Technologies, Inc. (NYSE:UBER) is one of the 15 Best American Tech Stocks to Buy Right Now. On September 8, Reuters reported that Uber Technologies, Inc. (NYSE:UBER) has announced plans with a Chinese self-driving tech company called Momenta to test level 4 autonomous vehicles in Germany next year. According to the report, Uber Technologies, Inc. (NYSE:UBER) is looking to grow its robotaxi footprint as competition in this area rises. Level 4 autonomous vehicles can drive by themselves without human i ...
Pony AI Expands In Singapore And Promises Driverless Rides In Punggol Soon
Yahoo Finance· 2025-09-22 10:23
Group 1 - Pony AI has entered the Singapore market by partnering with ComfortDelGro to deploy autonomous vehicles for daily commuting, focusing on fixed routes in the Punggol area [1] - The initiative aligns with Singapore's broader plan to integrate autonomous mobility into its public transport network, with operations expected to launch pending regulatory approval [1][2] - The collaboration was established through a Memorandum of Understanding signed in July 2024, following a pilot program in Guangzhou that began in March 2025 [3] Group 2 - Pony AI's ride-hailing platform experienced a 136% year-over-year increase in users in Q2, maintaining a satisfaction rating above 4.8 out of 5 [4] - The company has expanded its global presence, including a recent partnership with Qatar's Mowasalat "Karwa" to deploy autonomous vehicles, complementing existing partnerships in the Middle East [4] - Pony AI's stock has gained over 44% year-to-date, reflecting the growing traction of its autonomous driving technology in key markets [5]
Pony.ai Expands Into Singapore, to Deploy Autonomous Vehicles in Cooperation with ComfortDelGro
Prnewswire· 2025-09-20 04:00
Group 1 - Pony.ai, a global leader in autonomous driving technology, has announced its entry into the Singapore market [1] - The company is partnering with ComfortDelGro, the largest local transportation service provider, to deploy autonomous vehicles [1] - The initiative aims to facilitate daily commuting for residents in Singapore [1]
Via, Waymo Partner on Autonomous Public Transit Rides in Arizona
Bloomberg Technology· 2025-09-18 19:03
You are all about city mobility, all about the pricing being right for everyone in modern transit. How does Waymo change the game for Chandler. Thanks for having me back.The idea is to use the most advanced technology. This is part of our mission and bring it to local governments and make their systems, especially transit systems, more efficient. In this case, we can leverage the autonomous vehicles that Waymo already has to support service during peak hours, where we may have more demand than we are able t ...
Waymo approved to start testing autonomous vehicles at San Francisco International Airport
TechCrunch· 2025-09-16 16:39
Core Points - Waymo has received a permit to test its autonomous vehicles at San Francisco International Airport (SFO), marking a significant step towards launching a commercial service [1][2] - The permit allows Waymo to conduct testing in three phases, starting with autonomous mode tests, followed by passenger service trials, and ultimately offering paid rides [3] - Waymo's expansion includes operations at Phoenix's Sky Harbor airport since 2023 and plans to explore additional locations at SFO in the future [2][4] Summary by Sections Testing and Operations - Waymo has signed a "Testing and Operations Pilot Permit" with SFO after extensive negotiations, allowing the company to begin testing its autonomous vehicles [1] - The relationship between Waymo and SFO has improved since initial rejections in 2023, leading to the current permit for mapping the airport [2] Phased Approach - The testing will occur in three phases: 1. Testing in autonomous mode with a trained specialist [3] 2. Testing passenger service with employees and airport staff [3] 3. Offering paid rides at the airport's "Kiss & Fly area" [4] Future Plans and Expansion - Waymo aims to provide rides to and from SFO, which is a strategic location given its proximity to Silicon Valley [4] - The company has been expanding its service area and partnerships, indicating a growing presence in the autonomous vehicle market [4]
Stocks Settle Mixed as Bond Yields Climb
Nasdaq· 2025-09-12 23:00
Market Overview - The S&P 500 Index closed down -0.05%, the Dow Jones Industrials Index down -0.59%, while the Nasdaq 100 Index closed up +0.42% [1] - Stock indexes settled mixed as higher bond yields led to long liquidation in equities, with the 10-year T-note yield rising +5 basis points to 4.06% [2] - The University of Michigan US September consumer sentiment index fell -2.8 to a 4-month low of 55.4, which weighed on stock prices [5] Economic Indicators - The US consumer sentiment report for September was weaker than expected, contributing to a Fed-friendly outlook for interest rate cuts [3][9] - Markets are pricing in a 100% chance of a -25 basis point rate cut at the upcoming FOMC meeting, with an overall expectation of -70 basis points by year-end [6][9] Company Movements - Warner Bros Discovery (WBD) surged over +16% following reports of a potential acquisition bid from Paramount Skydance [13] - Tesla (TSLA) rose more than +7% after receiving approval for testing autonomous vehicles in Nevada [13] - Micron Technology (MU) increased over +4% on speculation of accelerated growth due to strong demand for AI chips [14] - Oracle (ORCL) fell more than -5% amid reports of insider backing for a competing acquisition bid [17] Sector Performance - Covid vaccine makers, including Moderna (MRNA) and BioNTech SE (BNTX), retreated over -7% following reports linking child deaths to Covid shots [16] - Home builders and suppliers faced declines due to rising T-note yields, with Builders FirstSource (BLDR) and Toll Brothers (TOL) down more than -2% [16]
Stock Indexes Near Record Highs on Fed Rate Cut Expectations
Nasdaq· 2025-09-12 17:04
Market Overview - The S&P 500 and Nasdaq 100 have reached new all-time highs, driven by expectations of Federal Reserve interest rate cuts [2][4] - The Dow Jones Industrials Index has decreased by -0.31% [1] - Higher bond yields are limiting stock market gains, with the 10-year T-note yield rising to 4.06% [3][8] Economic Indicators - The University of Michigan's September consumer sentiment index fell to a 4-month low of 55.4, below expectations of 58.0 [5] - Inflation expectations for the next 5-10 years increased to +3.9% from +3.5% in August, contrary to expectations of a decline [5][8] - Markets are pricing in a 100% chance of a -25 basis point rate cut at the upcoming FOMC meeting [6][9] Company Movements - Warner Bros Discovery (WBD) surged over +11% following reports of a potential acquisition bid from Paramount Skydance [13] - Tesla (TSLA) rose more than +5% after receiving approval for testing autonomous vehicles in Nevada [13] - Micron Technology (MU) increased by over +3% due to strong demand for AI chips, contributing to a +13% rally this week [14] - Super Micro Computer (SMCI) gained more than +2% after announcing high-volume deliveries of Nvidia systems [14] - Microsoft (MSFT) rose over +1% after reaching a preliminary agreement with OpenAI regarding their partnership [15] Declines in Stock Prices - Lululemon Athletica (LULU) fell more than -3% after a price target cut by Bank of America [16] - Oracle (ORCL) decreased over -3% amid reports of insider backing for a competing acquisition bid [17] - MGM Resorts International (MGM) declined more than -1% due to insider selling activity [18]
NVIDIA Solidifies Its Valuation
Seeking Alpha· 2025-08-28 11:45
Core Insights - The article discusses the expertise of Michael E. McGrath in the field of autonomous vehicles, highlighting his extensive research and contributions to the industry [1] Group 1: Author Background - Michael E. McGrath has over three years of research experience focused on autonomous vehicles, leading to the publication of his book on the subject [1] - He is the founder of PRTM, a leading management consulting firm for technology companies, and has served as CEO of i2Technologies [1] - McGrath has experience as a board member for four public companies and several venture capital-funded companies [1] Group 2: Publications - McGrath authored "Product Strategy for High-Technology Companies," which has been utilized by numerous technology-based firms to shape their strategies [1] - The book "Autonomous Vehicles: Opportunities, Strategies, and Disruptions" has been expanded and updated in its second edition [1]
Waymo approved to start autonomous vehicle testing in New York City
TechCrunch· 2025-08-22 14:19
Group 1 - Waymo has received a permit to test its autonomous vehicles in New York City, marking the first approval of its kind from the city [1] - The company plans to deploy up to eight Jaguar I-Pace SUVs in Manhattan and Downtown Brooklyn, with testing set to begin immediately [1] - Waymo's vehicles must have a trained safety operator present at all times and cannot pick up passengers during the testing phase [1][4] Group 2 - This permit is a significant step towards launching a robotaxi service in New York City, which presents unique challenges compared to other cities where Waymo operates [2] - Waymo has been preparing for this move since 2021, manually mapping the city and engaging with local lawmakers and organizations [3] - The permit is part of a new autonomous vehicle safety regime initiated by Mayor Eric Adams in 2024, requiring coordination with first responders and submission of a detailed testing and safety plan [4] Group 3 - After the trial period ends in late September, Waymo will need to apply for an extension to continue testing its vehicles [5]
Waymo granted first permit to begin testing autonomous vehicles in New York City
CNBC· 2025-08-22 13:28
Core Points - Waymo has received its first permit from the New York Department of Transportation to begin testing autonomous vehicles in New York City, marking the city's first autonomous vehicle testing launch [1] - The testing will involve eight vehicles operating in Manhattan and Downtown Brooklyn, with the program potentially extending through late September [2] - New York City officials express support for the initiative, highlighting the administration's commitment to innovative transportation solutions [3]