Streetbeat News

ECX

ECARX Holdings, Inc.

https://www.ecarxgroup.com

Industry

Auto - Parts

ECARX Holdings, Inc. engages in the design, development, and delivery of vehicle technology. Its products include infotainment head units, digital cockpits, vehicle chip-set, operating system and software stack. The company was founded in 2017 and is based in Shanghai, China with an additional office in Europe.

Open

1.72

Mkt cap

590M

Volume

14K

High

1.77

P/E Ratio

-3.51

52-wk high

3.44

Low

1.71

Div yield

N/A

52-wk low

0.96

ECARX shares are trading higher following the announcement of a partnership with DXC Luxoft to accelerate the development of in-vehicle capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 5:25 pm

DXC Technology Company (NYSE:DXC) and ECARX Holdings Inc. (NASDAQ:ECX) have announced a collaboration to enhance in-vehicle functionalities, including infotainment systems and advanced driver assistance systems. This partnership aims to streamline software-defined vehicle capabilities for automotive OEMs. DXC recently reported strong earnings, beating analyst estimates.

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 10:58 am

ECARX (NASDAQ:ECX) and DXC Luxoft (NYSE:DXC) have announced a partnership to enhance in-vehicle technology, focusing on infotainment, digital cockpits, and advanced driver assistance systems. This collaboration aims to provide automotive OEMs with innovative solutions for software-defined vehicles, leveraging ECARX's hardware and software and DXC Luxoft's software integration expertise.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 7:03 am

The article highlights significant intraday movements in consumer discretionary stocks on Friday. Notable gainers include Kaival Brands Innovations (KAVL), SRIVARU Holding (SVMH), and MOGU (MOGU). On the losing side, AMMO (POWW), Zapp Electric Vehicles (ZAPP), and RH (RH) experienced substantial declines, with earnings reports influencing some of these movements.

Portfolio Pulse from Benzinga Insights

June 14, 2024 | 4:32 pm

U.S. stocks were mostly lower on Friday, with the Dow Jones index falling around 300 points. However, several stocks saw significant gains. Hasbro, Inc. (NASDAQ:HAS) rose 5.5% after an upgrade from B of A Securities. Disc Medicine, Inc. (NASDAQ:IRON) gained 15.6% following a $178 million underwritten offering. UroGen Pharma Ltd. (NASDAQ:URGN) rose 15.4% due to positive Phase 3 trial results. Adobe Inc. (NASDAQ:ADBE) surged 14.3% on strong earnings. Other notable gainers include Ocular Therapeutix, Inc. (NASDAQ:OCUL), VinFast Auto Ltd. (NASDAQ:VFS), Tutor Perini Corporation (NYSE:TPC), and Arm Holdings plc (NASDAQ:ARM).

Portfolio Pulse from Avi Kapoor

June 14, 2024 | 2:29 pm

Perion Network Ltd. (NASDAQ:PERI) lowered its revenue forecast, causing its shares to drop 21% in pre-market trading. Skye Bioscience, Inc. (NASDAQ:SKYE) shares tumbled 45.2% after a failed clinical trial. Other stocks like CI&T Inc. (NYSE:CINT), Sify Technologies Limited (NASDAQ:SIFY), and Ecarx Holdings Inc. (NASDAQ:ECX) also saw significant declines.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 12:10 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Thursday. Notable gainers include ECARX Holdings, TH International, Yoshiharu Global, Lululemon Athletica, Greenlane Holdings, and SunCar Tech Group. On the losing side, Big Lots, Five Below, Jowell Global, ZHONGCHAO, Interactive Strength, and Cava Group saw declines.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 12:07 pm

ECARX Holdings shares are trading lower after the company reported worse-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 7:08 pm

ECARX Holdings (NASDAQ:ECX) reported Q1 2024 GAAP EPS of $(0.12), missing the $(0.08) estimate by 50%. Sales were $128.5M, missing the $135.013M estimate by 4.82%. Despite the misses, sales increased by 15.66% YoY.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 11:04 am

ECARX Holdings announced the launch of multiple intelligent driving and safety features for its Skyland Pro computing platform, aiming to significantly enhance the intelligent driving experience.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:26 am

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