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LAZR

Luminar Technologies' Q3 results show mixed performance with growth in product revenue but a decline in services revenue. The company has strong partnerships with auto manufacturers, but demand for its LiDAR technology is still developing. Financially, Luminar has substantial cash reserves but also significant debt, and share dilution is a concern.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

GOOG

Waymo has launched its robotaxi service to the public in Los Angeles, removing the waitlist of 300,000 people. The service area covers 80-square miles in Los Angeles County, and rides can be hailed via the Waymo One app.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

GOOG

Alphabet's Waymo has expanded its autonomous ride-hailing service, Waymo One, to all users in Los Angeles, indicating significant growth and adoption of autonomous technology.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

GOOG

Waymo, Alphabet's robotic taxi unit, has expanded its service in Los Angeles by removing the waiting list for its app, aiming to boost ridership.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

GE

GE Aerospace has partnered with UAMCO in Cyprus to provide quick-turn maintenance, repair, and overhaul (MRO) services for CFM LEAP engines.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

GOOG

Waymo has launched its robotaxi service to the public in Los Angeles, marking its largest expansion. The service is available through the Waymo One app, covering nearly 80 square miles. Waymo also operates in Phoenix and San Francisco.

Portfolio Pulse from

November 12, 2024 | 4:15 pm

TSLA

Tesla's stock is experiencing a surge due to several positive factors, including strong Q3 results, advancements in AI and autonomous vehicles, and a growing energy storage business. The company's market value has returned to $1 trillion, raising questions about whether it remains a strong buy.

Portfolio Pulse from

November 12, 2024 | 4:00 pm

SFM

Sprouts Farmers Market (SFM) has reached a 52-week high, driven by growth from an expanded store footprint, enhanced product assortment, higher customer engagement, and improved operations.

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November 12, 2024 | 4:00 pm

SAP

RHONDOS has partnered with Soterion to distribute advanced SAP security and compliance solutions in North America, enhancing their enterprise software offerings.

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November 12, 2024 | 4:00 pm

ABBV

BMY

AbbVie stock fell 13% after two mid-stage schizophrenia studies on emraclidine failed to meet their primary endpoint. Meanwhile, Bristol-Myers Squibb (BMY) stock saw gains.

Portfolio Pulse from

November 12, 2024 | 3:45 pm