lidar

Microvision Inc. (NASDAQ: MVIS) shares are trading higher Friday after retail traders were able to push it higher. On Wednesday, the company reported a second-quarter earnings loss of 9 cents per share, beating the estimate calling for a loss of 5 cents per share. Microvision was up 12.21% at $15....

Shares of MicroVision Inc. (NASDAQ: MVIS), an automotive lidar and micro-display technology company, surged over 15% in the extended trading session on Wednesday. What Happened: MicroVision on Wednesday reported better-than-expected results for the second quarter. The company’s second-quarter...

LiDAR sensor and 3D perception software company Quanergy is set to go public via special purpose acquisition company CITIC Capital Acquisition Corp (NYSE: CCAC) with a pro forma implied equity value of approximately $1.4 billion. Kevin Kennedy, chairman and CEO of Quanergy...

One of the biggest events for investors last week was the new additions to the Russell 3000 Index. The inclusion in the index means several ETFs have to add shares of the stocks as part of the rebalancing efforts. What Happened: There was a large number of additions to the Russell 3000 Index on...

LiDARcompany Quanergy is going public with a SPAC deal announced Tuesday. The SPAC Deal: Quanergy is merging with CITIC Capital Acquisition Corp (NYSE: CCAC) in a deal valuing the company at a pro forma equity value of $1.4 billion. The company expects the deal to close in the second half of 2021....

“SPACs Attack” co-hosts Mitch Hoch and Chris Katje shared some new investment ideas of SPACs and companies that had de-SPACd on their show Friday. Hoch’s SPAC Picks: Hoch encouraged viewers to start a shopping list of stocks they like so when there is a red day, people can...

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday. What Happened: Innovusion’s latest funding round was led by Singapore state investor Temasek and also saw participation...

MicroVision, Inc (NASDAQ: MVIS) shares fell over 21% in Thursday' after-hours session after the company announced its first-quarter results for 2021. What Happened: The solid-state automotive lidar and microdisplay technology company’s revenue for the first quarter was $0.5 million in Q1...

MicroVision Inc (NASDAQ: MVIS) is moving higher on Wednesday morning after the company announced the completion of its long-range Lidar sensor A-Sample hardware and development platform. What Happened: MicroVision put out a press release detailing the product completion.  “I...

Microvision, Inc (NASDAQ: MVIS) fell over 23% in the regular session on Tuesday. What Happened: Shares of the technology company that makes lidar sensors and microdisplays tumbled for no specific reasons as investors likely resorted to profit-taking.  MicroVision shares had shot up...

MicroVision, Inc (NASDAQ: MVIS) shares closed over 47% higher in the regular session on Monday and spiked another 9% in the after-hours trading. What Happened: The technology company has cemented its position as a “meme stock” and is spiking for the second straight session based on...

Technology company Microvision, Inc (NASDAQ: MVIS) closed over 36% higher on Friday and is capturing the imagination of retail traders on r/WallStreetBets, a Reddit forum associated with the GameStop Corp (NYSE: GME) short squeeze earlier in the year. What Happened: Microvision — which...

Xpeng Inc. - ADR (NYSE: XPEV) is seeing the virtue in the time-tested distribution model of legacy automakers, going by a release from the company late Thursday. What Happened: XPeng said it has entered into a memorandum of understanding with Zhongsheng Group to establish a long-term...

On CNBC's "Power Lunch" Monday, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he is generally more neutral on the semiconductor sector given the supply issues, but there are two names in particular that he would "highlight." Lumentum Holdings Inc...

One of the trending sectors in the SPAC market is that of lidar, the technology measures distances using light. Last week, it was reported that Apple Inc (NASDAQ: AAPL) is talking with lidar companies for its long-rumored electric vehicle and self-driving efforts. Bloomberg reported Apple would...