Meanwhile, drones are becoming a “necessity” for both productivity and safety as miners move into deeper and more remote terrain, says GlobalData strategic intelligence analyst Aidan Knight. With 95,000 historic and active mineral extraction sites, most of which are in remote areas, Australia is actively investing in drones to optimise mining operations.Mine communication and management systems are essential for productivity because they provide the potential to fully upgrade a mining site rather than simpl ...

SALT LAKE CITY, UTAH / ACCESS Newswire / December 23, 2025 / Recent service disruptions involving Waymo autonomous vehicles in San Francisco have drawn attention to a core challenge in autonomous mobility: dependence on a single network or network access technology. During a widespread power and infrastructure outage, Waymo vehicles reportedly experienced difficulty maintaining reliable 5G connectivity, forcing service pauses and stalled operations. ...

Billionaire entrepreneur and Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, weighed in on a post praising Google-parent Alphabet Inc.’s (NASDAQ:GOOG) new hardware play, and the company’s reemergence as the dominant player in the ongoing AI race.Long-Time Google Critic Turns InvestorOn Thursday, in a post on X, serial AI entrepreneur and digital nomad Pieter Levels, who goes by the name Levelsio, announced that he had purchased over $1 million in Alphabet shares, after being “the biggest Google hater for years.”Le ...

Tesla's board has warned that Elon Musk could quit as CEO if the $1 trillion pay package isn't passed.JOEL SAGET/AFP via Getty Images Elon Musk's wealth hit a record $648 billion, extending his lead as the world's richest person. His fortune jumped thanks to Tesla's record stock rally and SpaceX's soaring valuation. Musk has gained an unrivaled $216 billion this year, more than Bernard Arnault's net worth. Elon Musk's net worth has surged to a record $648 billion — and his wealth gain this year exc ...

Investors with a lot of money to spend have taken a bearish stance on General Motors (NYSE:GM).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GM, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted ...

Group 1 - Tesla is transitioning from an auto company to a technology company, focusing on robotics, self-driving cars, and energy storage [1][2] - The stock performance of Tesla has shifted from being tied to traditional auto sales to being influenced by its advancements in technology and autonomous vehicles [2] - Despite a significant drop in electric vehicle profits, Tesla's stock has regained value due to a change in market perception driven by CEO Elon Musk [2] Group 2 - Tesla designs and sells electric vehicles and develops solar energy and storage systems for various customers [2] - The competitive landscape in the electric vehicle market has impacted Tesla's stock, which saw a decline from the $400s to the $200s earlier this year [2] - The narrative change around Tesla's business model has allowed the stock to recover, even though the underlying business remains similar to before the profit decline [2]

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving company Waymo has reportedly reached the 450,000 weekly rides milestone.Waymo Now At 450,000 Rides Per WeekInvestment firm Tiger Global has launched a new investment firm, targeting a $2.2 billion raise for the firm, according to a report by CNBC on Monday. The firm holds major investments in Waymo and the artificial intelligence company OpenAI.Waymo didn't immediately respond to Benzinga's request for comment.However, in a letter to investors obtain ...

In Brief Amazon is considering ending from its long-standing contract with the United States Postal Service and building out its own competing nationwide delivery network, according to the Washington Post.The current agreement between the e-commerce giant and the USPS expires in October 2026. The two sides have spent months negotiating what the next version of the contract would look like, but those negotiations have been complicated by President Trump’s push to privatize the USPS, the Post reports. Under ...

Core Insights - Lyft has seen a significant shift in its stock performance as hedge fund Bridgewater Associates completely sold its 2.48 million shares, marking a 100% reduction in its holdings, coinciding with Lyft's improved profitability and ridership metrics [1] - The mobility and sharing economy landscape has evolved over the past year, driven by increased demand and advancements in autonomous technologies, with Lyft achieving its highest free cash flow and growth in active riders [2] - Lyft's stock has experienced volatility, trading between $9.66 and $25.54 over the past year, but has shown resilience due to rising demand and operational discipline [4] Company Performance - Lyft reported a revenue increase of 11% year-over-year, reaching a new high of $1.7 billion, and gross bookings rose by 16% to $4.8 billion, both setting new records [6] - The company achieved its best profitability results, with a net income of $46.1 million compared to a loss in the previous year, and adjusted EBITDA increased by 29% to $138.9 million [6] Valuation Metrics - Lyft's valuation ratios include a price/sales ratio of 1.36, a forward earnings ratio of 47.96, and a cash flow ratio of 75.59, indicating a premium compared to traditional transport companies [5]

Tesla stock (NASDAQ: TSLA) fell sharply on Tuesday, sliding more than 3% to close at $396.40, as investors reevaluated the company's bold bets on autonomous vehicles. The stock's decline wiped out bil... ...