Cruise

It's been smooth sailing for Carnival Corp (NYSE:CCL) in recent months, while rival Norwegian Cruise Line Holdings (NYSE:NCLH) is still navigating choppy waters. However, according to JPMorgan analyst Matthew R. Boss, 2026 could be the year Norwegian flips the script. What’s Been Driving...

In a turbulent first half of 2025 for the global travel sector, Goldman Sachs sees an edge for investors: “premiumization.” From lie-flat airline seats to luxury cruise cabins and high-end hotel brands, premium travel products have shown striking resilience to macroeconomic pressures—...

The National Highway Traffic Safety Administration (NHTSA) said on Wednesday that it has opened a probe into about 878,000 General Motors Co. (NYSE:GM) vehicles equipped with the L87 V8 engine over engine failure concerns. What Happened: The auto safety regulator stated that it had received 39...

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher on Friday after JPMorgan analyst Matthew R. Boss reiterated a Overweight rating on the shares and raised the price target to $295 from $253. Cruise demand remains strong, the analyst says. Royal Caribbean management remains focused on...

The National Highway Traffic Safety Administration (NHTSA) said on Wednesday that it has closed its one-year-old probe into General Motors Co.’s (NYSE:GM) Cruise robotaxis in light of the company ceasing business operations. What Happened: The NHTSA commenced a probe into Cruise robotaxis in...

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai named Tesla Inc (NASDAQ:TSLA) as the main competitor to its autonomous driving unit Waymo in an interview earlier this month. What Happened: Pichai said at The New York Times DealBook summit on Dec. 4 that Waymo aims to be in 10 cities in...

Microsoft Corp. (NASDAQ:MSFT) has said that it will be recording an impairment charge of approximately $800 million in the second quarter of fiscal year 2025, according to an SEC filing. This follows General Motors (NYSE:GM) exit from funding Cruise‘s robotaxi development. What Happened: General...

General Motors (NYSE:GM) said on Tuesday that it will no longer fund Cruise‘s robotaxi development but will instead combine the majority-owned unit into its technical teams, to the annoyance of Cruise co-founder Kyle Vogt. What Happened: The robotaxi development work needs considerable time...

Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo said on Tuesday that it has opened autonomous rides to everyone in Los Angeles. What Happened: Waymo commenced commercial operations in Los Angeles earlier this year. However, rides then were limited to the nearly 300,000 riders who signed up...

Waymo closed an oversubscribed investment round of $5.6 billion on Friday led by its parent Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) to expand its robotaxi service in San Francisco, Phoenix, and Los Angeles, the company said on Friday. What Happened: Andreessen Horowitz, Fidelity, Perry Creek,...

General Motors‘ (NYSE:GM) Cruise is looking to return to operating driverless vehicles by the end of the year, company CEO Mary Barra said on Tuesday, during the third-quarter earnings call. What Happened:  “…we’ll be gated by safety, but we hope and we’re working...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has dreamed for years of having vehicles that don't require a driver and can take a passenger from one place to another. On Thursday, Musk's vision could be realized with the likely unveiling of the Tesla Robotaxi. However, a new survey finds that when it comes...

As Tesla Inc (NASDAQ:TSLA) gears up for its highly anticipated Robotaxi event on Oct. 10, the rideshare market is bracing for disruption. Tesla's event, expected to reveal a low-cost, fully autonomous vehicle (AV), has sparked concern among investors, particularly for companies like Uber...

The world of autonomous driving is rapidly approaching a key moment: Tesla Inc (NASDAQ:TSLA) is set to hold its Robotaxi event on Oct. 10. What Happened: The Austin, Texas-based car manufacturer is gearing up to make yet another bold move, despite divided public opinion on driverless technology....