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The Latest Breaking News from Mobileye

Lyft Plans To Launch Fleet Of Robotaxis

Lyft's CEO announced what city will see the first of the autonomous vehicles.

International Business Times

Lyft Gains Ahead Of Earnings Report. Ride-Hail Firm Readies Robotaxis.

Lyft stock jumped after its chief executive announced a plan to offer robotaxis on its app "as soon as 2026."

Investors Business Daily

Mobileye's High Short Interest Signals Squeeze Potential

Mobileye is well-positioned within the autonomous driving industry and can take share while deepening penetration with OEMs globally.

MarketBeat

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Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain

Trump-era shifts may accelerate autonomous vehicles, benefiting stocks like Mobileye, Ouster, and Aurora with opportunities in the growing AI-driven market.

MarketBeat

Intel lost $16.6 billion in Q3, reports $13.3 billion in revenue

Restructuring charges and new products ramp deepen Intel losses to $16.6 billion as products group remain profitable.

Tom’s Hardware

Rimac, Maker Of Million-Dollar Hypercars, Just Launched A Robotaxi

The maker of the insanely fast, exorbitantly priced hypercars now plans to mass deploy a robotaxi across the world.

InsideEVs

The Maker of the World’s Fastest EV Just Beat Tesla to a Robotaxi Reveal

Rimac may be known for its record-breaking all-electric Nevera hypercar, but it just unveiled the Verne robotaxi ahead of Tesla’s anticpated reveal in August.

Inverse

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Is This Chip Giant a Buy Near 52-Week Lows for Its Attractive Dividend?

Intel is one of those dot-com stocks that have yet to reclaim their all-time highs after nearly 25 years. Is the stock a buy now, including for its 1.6% dividend yield?

Barchart

Intel's CEO Is Buying Mobileye Stock, Should You?

Pat Gelsinger is loading up on the self-driving company's shares, along with Intel stock. Here's a closer look at what's driving the insider buying activity on MBLY.

Barchart

This Underperforming Chip Stock Wants to Take On Nvidia. Is It a Buy?

With YTD losses in excess of 40%, Intel is the worst-performing S&P 500 constituent in 2024, and has completely missed out on the rally in chip stocks that helped catapult Nvidia to record highs. Is INTC stock a buy after its long stretch of underperformance?

Barchart

Intel's revenues are up year-over-year, but foundry unit loses $2.5 billion

Almost all of Intel's business units were profitable in Q1, except manufacturing unit that made record $2.5 billion loss.

Tom’s Hardware

Mobileye Says China Could Hold An Edge In Self-Driving-Car Demand. Can The U.S. Catch Up?

With the material rollout of self-driving cars in question in the U.S., auto suppliers are increasingly looking to China to gauge consumer demand.

Investors Business Daily

Stock Market Today: Stocks Finish Mixed Ahead of Fed Week

Intel fell sharply after giving weak Q1 guidance, while fellow Dow Jones stock American Express popped on its strong full-year forecast.

Kiplinger

Intel Stock Flashes Sell Signals After Chipmaker's Outlook Badly Misses

Chipmaker Intel beat Wall Street's targets for the fourth quarter but badly missed estimates with its forecast.

Investors Business Daily

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Top News

Mobileye's Q3 Profits Exceed Expectations

Mobileye, a global leader in advanced driver assistance systems, has exceeded profit expectations in its latest quarterly results, showcasing the company's...

Investors Business Daily

Dow Jones Rallies 190 Points On GDP, Jobless Claims; Tesla Plunges On Earnings, Elon Musk Warning

The Dow Jones rose 190 points Thursday after GDP data and initial jobless claims. Tesla stock dived on weak earnings and Elon Musk's warning.

Investors Business Daily

Automotive Chipmakers Squeezed By 'Accordion Effect'

Semiconductor stocks exposed to the automotive market have hit a rough patch, but it could be short-lived, Intel's CEO said at CES 2024.

Investors Business Daily

Stock Market Skids To Start 2024 As Tesla, Apple Stumble, Mobileye Crashes: Weekly Review

The S&P 500 snapped a nine-week win streak, but tried to find support. Tesla, Apple and Mobileye were key losers.

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Barchart

Is the Autonomous Driving Craze for Real After Mobileye Stock Plunges?

Mobileye stock plummeted Thursday after the company warned of a steep fall in its Q1 revenues. The company's tepid guidance is yet another reminder of the continued turmoil in the EV and autonomous driving industry.

Kiplinger

Stock Market Today: Nasdaq Logs Longest Daily Losing Streak Since 2022

The tech-heavy index closed lower for a fifth straight session as Mobileye and Walgreens Boots Alliance spiraled.

Investors Business Daily

Dow Awaits Key December Jobs Data; Apple Sells Off On Second Downgrade

The Dow Jones was unchanged ahead of December payroll data. Apple got a second downgrade for the week while chip-glut shock drove Mobileye down.

Investors Business Daily

Mobileye Stock Crashes On Weak Year-Ahead Outlook

Mobileye warned that 2024 sales will be below estimates because of excess inventory at its customers. MBLY stock crashed on the news.

AnandTech

Intel Reiterates: We Are Not Going to Spin Off IFS

When Intel struggled with its 10nm process technology a few years ago, some investors suggested that the company would be better-off spinning its chip production into an independent foundry, leaving the core of the company to focus on chip design instead. Bucking these calls, however, Intel opted to keep chipmaking…

InsideEVs

Virtual Power Plants, Autonomous 'Chauffeur' Driving, Korean EVs: All The Polestar Day News

Polestar has big plans from autonomy to charging to new models and much, much more. Let's dig in.

Polestar 4 promises level 3 autonomous driving on highways thanks to new LiDAR tech

The Mobileye Chauffeur system on the Polestar 4 will also include Luminar LiDAR to allow eyes-off driving on motorways

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