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$125 Million Home of Luminar CEO Gutted in LA Wildfires After Week of Gains for Company
Sunday, January 12, 2025 - 1:00pm | 551The most expensive home in California’s Pacific Palisades, owned by Luminar Technologies (NASDAQ: LAZR) CEO Austin Russell, has been ravaged by the ongoing Los Angeles wildfires. What Happened: According to a Saturday report by The Daily Mail, the $125 million mansion fell victim to the...
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Austin Russell Launched Luminar As A Teen, A Decade Later His Net Worth Is $1.6 Billion
Wednesday, July 26, 2023 - 2:31pm | 581Today, Luminar Technologies Inc (NASDAQ: LAZR) boasts a $2.67 billion market cap. But it was just over a decade ago that 17-year-old Austin Russell launched the company in his parent's garage. “I started off at a very early age, always wanting to know the hows and whys of how to...
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Forbes '30 Under 30' Alum Austin Russell To Take Over Majority Stake In Century-Old Media Company
Saturday, May 13, 2023 - 1:31am | 466Automotive tech giant Luminar Technologies Inc (NASDAQ:LAZR) CEO will buy a majority stake in Forbes Global Media Holdings, with the transaction estimating the value of the business-oriented media company at almost $800 million. What Happened: Austin Russell, the 28-year-old founder of Luminar —...
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Exclusive: 'People Want To Hear About Revenue Now, Not Bulls***' — Why Citron Research Is Short Luminar Technologies Stock
Friday, January 6, 2023 - 4:34pm | 1088One of the themes of the last two years has been a growing number of lidar technology companies going public — many chose the SPAC route. A hedge fund is now taking on one of those companies and shared with Benzinga exactly why. What Happened: Hedge fund Citron Research, which is headed...
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The World's 10 Youngest Billionaires 2022: Cryptocurrency And Fintech Names Lead The Newcomers
Friday, April 8, 2022 - 3:33pm | 624There are 2,668 billionaires worldwide, according to a new report from Forbes. Among the list is a diverse range of men and women with an age range of 19 to 100. What Happened: The 2022 Forbes Billionaires list features 2,668 people, 87 less than 2021. The billionaires are worth a combined $12.7...
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Why Luminar Technologies Shares Are Ripping Higher Today
Thursday, January 20, 2022 - 11:40am | 229Luminar Technologies Inc (NASDAQ: LAZR) is trading higher Thursday after the company announced a partnership with Mercedes-Benz to accelerate the development of future highly automated driving technologies for Mercedes passenger cars. Luminar’s Iris lidar technology is expected to...
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Why Luminar Shares Are Soaring Today
Tuesday, November 9, 2021 - 10:15am | 252Luminar Technologies (NASDAQ: LAZR) is trading higher Tuesday after the company announced its lidar solution has been selected to be part of the sensor suite in NVIDIA Corp's (NASDAQ: NVDA) NVIDIA DRIVE Hyperion autonomous vehicle reference platform. Nvidia's AI...
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Why Luminar's Stock Is Trading Higher Today
Thursday, June 24, 2021 - 10:37am | 265Luminar Technologies Inc (NASDAQ: LAZR) is trading higher Thursday morning after the company announced it will be standard on next-gen Volvo AB (OTC: VLVLY) electric cars. Luminar aims to help Volvo save more lives with its LiDAR technology, as the automaker sets a new...