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SERV

Serve Robotics Inc.

https://www.serverobotics.com

Industry

Industrial - Machinery

Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc. in July 2023. Serve Robotics Inc. was founded in 2017 and is based in Redwood City, California.

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Jim Cramer discussed several stocks on CNBC's 'Mad Money Lightning Round.' He praised Vertex Pharmaceuticals for its strong performance and revenue guidance increase. Builders FirstSource is recommended as a buy, while Viking Therapeutics faces challenges due to high factory costs. Serve Robotics is not recommended due to its financial losses.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 12:42 pm

Serve Robotics Inc. (NASDAQ:SERV) has closed a $20 million private placement and warrant exercise, leading to a positive impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:36 pm

Shake Shack has partnered with Serve Robotics to deliver meals using autonomous robots, as reported by Fox Business. This collaboration could enhance Shake Shack's delivery efficiency and Serve Robotics' market presence.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 2:22 pm

Serve Robotics has announced a private placement and warrant exercise agreement with an institutional investor, raising $20 million. The deal involves pre-funded warrants and common stock warrants, with the latter exercisable at $10 per share.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:48 am

Several stocks experienced declines in Monday's pre-market session. Liquidia Corporation saw a significant drop after FDA's tentative approval of YUTREPIA. Shake Shack was downgraded by Piper Sandler, contributing to its decline. Other stocks like YXT.COM, Mereo BioPharma, and Serve Robotics also faced losses.

Portfolio Pulse from Avi Kapoor

August 19, 2024 | 12:27 pm

Serve Robotics CEO is scheduled to appear on Fox Business at 3:40 PM ET. This media exposure could potentially impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:11 pm

U.S. stocks traded higher with the Dow Jones gaining over 200 points. Performance Food Group (PFGC) shares rose 8% after strong Q4 results. Avalon Globocare (ALBT), Digital Ally (DGLY), and Serve Robotics (SERV) saw significant gains, while Ouster (OUST), Verrica Pharmaceuticals (VRCA), and European Wax Center (EWCZ) experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 5:53 pm

UBS Group AG reported strong second-quarter earnings, leading to a 5.6% rise in its stock price. Other notable gainers include Serve Robotics, Mercury Systems, AnaptysBio, Victoria's Secret, Nkarta, Marex Group, Smith Douglas Homes, Intapp, Clover Health Investments, Performance Food Group, XP Inc., Prelude Therapeutics, Flutter Entertainment, Kellanova, Qifu Technology, and LPL Financial Holdings.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 2:36 pm

Serve Robotics Inc (NASDAQ:SERV) shares surged after reporting better-than-expected Q2 revenue and announcing a partnership with Shake Shack Inc (NYSE:SHAK) for delivery via Uber Technologies Inc's (NYSE:UBER) Uber Eats. The company also highlighted significant growth in daily supply hours and active robots, and plans to expand its fleet to 2,000 robots by 2025. Nvidia Corp (NASDAQ:NVDA) holds a 10% stake in Serve Robotics.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 1:28 pm

Serve Robotics, a company involved in robotics, has the ticker symbol 'SERV'.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:19 pm

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