autonomous

The best-known feature of Tesla Inc (NASDAQ: TSLA) automobiles is their Autopilot capability.  Teslas capable of fully driving themselves today, but the company promises all cars sold have the hardware needed for Full Self Driving, or FSD, and the automaker plans to achieve its...

Amazon.com (NASDAQ: AMZN) has agreed to acquire self-driving startup Zoox Inc for the reported amount of $1 billion. The company has not confirmed the amount of the transaction reported by The Information. The deal is subject to customary closing conditions. Zoox is ...

Automaker Ford Motor Company (NYSE: F) and European rival Volkswagen have finalized a $2.6-billion joint investment in Argo AI to explore autonomous vehicle technologies in the U.S. and Europe, Ford Autonomous Vehicles CEO John Lawler said in a Medium post on Tuesday. What Happened Ford and...

The National Highway Traffic Safety Administration is considering whether to investigate reports of unintended acceleration in three Tesla models. NHTSA officials said they'll review a petition asking the agency to open an investigation into reports of unwanted speeding up in 2018 and 2019...

Sony Corp (NYSE: SNE) unveiled a car at the Consumer Electronics Show in Las Vegas on Monday. Sony has partnered with industry leaders to build this prototype, including Bosch, Continental, Genetex, Nvidia Corporation (NASDAQ: NVDA) and Magna, according to Tech Crunch. Few other details...

Tesla Inc (NASDAQ: TSLA) missed top- and bottom-line Street estimates in its first-quarter report Wednesday.  The electric carmaker reported a first-quarter bottom-line loss of $2.90 per share on revenue of $4.541 billion, missing analyst expectations of a 66-cent loss on $5.44 billion in...

The prospects for a big pick-up in profit for LYFT Inc. (NASDAQ: LYFT) may be further down the road, when the company can use driverless cars, according to KeyBanc Capital Markets.  The Analyst Andy Hargreaves initiated coverage of Lyft with a Sector Weight and $67 fair value estimate. ...

The bullish case for Cummins Inc. (NYSE: CMI) is based on the thesis that earnings and cash flow should stay "higher for longer," according to Citi. The Analyst Timothy Thein upgraded Cummins from Neutral to Buy with a price target lifted from $155 to $190. The Thesis Cummins...

Tesla Inc (NASDAQ: TSLA) has been developing its autonomous driving technology for years, but one Wall Street analyst estimates the value of Tesla’s Mobility unit at just 10 percent that of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) autonomous vehicle subsidiary Waymo. The Analyst Morgan...

With General Motors Company (NYSE: GM)’s headquarters visible behind him, “Shark Tank” judge Kevin O’Leary said Tuesday that automotive brands are losing importance. In 15 or 20 years, passengers won’t care about the branding of the vehicle they’re hailing for a...

State Street Corp (NYSE: STT), the third-largest U.S. issuer of exchange traded funds, introduced three new ETFs Wednesday based on Kensho benchmarks. “Kensho deploys scalable machine learning and analytics systems across the most critical government and commercial institutions in the world...