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Exclusive: Rivian CEO on how its Uber deal came together, and why the AI 'driver' is the future of mobility
Yahoo Finance· 2026-03-23 14:13
Last week, Rivian (RIVN) and Uber (UBER) completed a $1.25 billion deal for up to 50,000 R2 robotaxis. The two dealmakers — Rivian CEO RJ Scaringe and Uber CEO Dara Khosrowshahi — have known each other for years, and the agreement was in the works for some time. “Transportation, mobility is a small world, so I've known Dara for a long time,” Scaringe told Yahoo Finance in an exclusive interview. “We’ve been talking about this deal for maybe about a year, but different versions of it, and it’s hard to defi ...
Ondas Inc. (NASDAQ:ONDS) Maintains Positive Outlook Amidst Strong Financial Performance
Financial Modeling Prep· 2026-01-20 19:05
Core Viewpoint - Ondas Inc. is experiencing significant growth in its revenue outlook and backlog, driven by strong demand for its autonomy platform and strategic initiatives [3][4][6] Financial Performance - Oppenheimer maintains an "Outperform" rating for Ondas with a raised price target from $12 to $16, reflecting confidence in the company's financial performance [2][6] - The company projects Q4 2025 revenue to be between $27 million and $29 million, a 51% increase from previous guidance [3][6] - For the full year of 2025, Ondas anticipates revenue to range from $47.6 million to $49.6 million, surpassing earlier targets by 23% [3] Backlog and Demand - Ondas' backlog has surged by 180% to $65.3 million, indicating strong demand for its autonomy platform [4][6] - The increased backlog enhances revenue visibility and supports the raised price target [4][6] Stock Performance - The current stock price of ONDS is $12.14, reflecting a decrease of approximately 5.33% [5] - The stock has fluctuated between a low of $12.12 and a high of $14.25 today, with a market capitalization of approximately $4.91 billion [5]