We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Pony AI Inc. (NASDAQ:PONY) is one of the top performers on Tuesday. Pony AI bounced back on Tuesday from two consecutive days of losses, jumping 7.28 percent to finish at $14.59 apiece, as investors took heart from Macquarie’s bullish rating for the company, bolstered by its expansion plans. In a market report, Macquarie issued an “outperform” rating on its first coverage of Pony AI Inc. (NASDAQ:PONY) on the back of its leader ...

Dow Jones today heads toward steep losses: U.S. stocks traded sharply lower Tuesday as investors reacted to a delayed Dow Jones Industrial Average fell 368 points, or 0.76%, to 48,048, putting the blue-chip index on track for one of its weakest sessions this month. The S&P 500 slipped 0.65%, while the Nasdaq lost 0.39%. The sell-off followed mixed labor market data. Jobs report lifts hiring but unemployment jumps to 4.6% The November nonfarm payrolls report showed 64,000 jobs added, beating expectations of ...

By Supantha Mukherjee STOCKHOLM (Reuters) -Estonian ride-hailing company Bolt said on Tuesday it has partnered with Chinese ​autonomous driving firm Pony.ai as it seeks to add driverless ‌cars to its taxi services in Europe. The companies will first test and validate safety for ‌the fully autonomous, driverless capability before deploying them in various European countries. "Bolt's ambition is to be one of the first platforms to provide fully driverless autonomous vehicles in the EU," CEO ⁠Markus Villig ...

Driverless cars are no longer in the realm of science fiction. Uber executive Sachin Kansal thinks Tesla has a role in the ride-share company’s vision to win the robotaxi race.🔗 Listen to the latest Bold Names episode: https://t.co/mCQ7ss4dos https://t.co/YCXMeMMhOE ...

Group 1: Autonomous Vehicle Market Overview - The global driverless vehicle market was approximately $106 billion in 2021 and is projected to exceed $2.3 trillion by the end of the decade [2] - Investors are exploring ways to capitalize on the growth of the driverless vehicle sector [2] Group 2: Nvidia's Position - Nvidia is recognized for its significant gains and holds a strong position in graphics processing units (GPUs), hardware, software, and networking tools, particularly in the AI sector [3] - The company's automotive business is anticipated to grow at a 20% compound annual growth rate, reaching nearly $11 billion by fiscal 2035 [4] - Nvidia is positioned as a key player in the driverless vehicle market due to its advanced processing power requirements [5] Group 3: Texas Instruments' Role - Texas Instruments generates about 95% of its revenue from semiconductors and is the largest manufacturer of analog chips [6] - The demand for high-quality analog chips and microcontrollers in the automotive sector is expected to remain strong, particularly for driverless vehicles [7] - Texas Instruments' products are seen as a long-term choice for automakers due to the longevity of driverless vehicles compared to other products [7] Group 4: Future Technologies - QuantumScape is mentioned for its next-generation solid-state batteries, which could be essential for powering future driverless electric vehicles [8]