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Lyft Teams Up With Intel's Mobileye, May Mobility For Robotaxi Services As Tesla Gears Up To Enter Autonomous Riding Hailing Market
Thursday, November 7, 2024 - 4:02am | 667Uber's rival ride-hailing platform, Lyft Inc. (NASDAQ:LYFT) said on Wednesday that it has partnered with Intel Corp.-owned (NASDAQ:INTC) Mobileye, and May Mobility to provide autonomous vehicle rides to its customers. What Happened: As part of Lyft’s partnership with Intel-owned Mobileye, the...
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Is Self Driving Dead? Tesla Gets Sued, Ford Shuts Down Argo AI - But Mobileye IPOs
Friday, October 28, 2022 - 10:32am | 1131Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone...
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Intel Trims Self-Driving Unit Mobileye's IPO Valuation Yet Again, Could Detail New Terms Tuesday: WSJ
Tuesday, October 18, 2022 - 1:13am | 488Intel Corporation (NASDAQ: INTC) has trimmed the initial public offering valuation of its self-driving car unit Mobileye, underlining the struggles of the IPO market amid the sell-off seen in equities. What Happened: Intel is now targeting a valuation under $20 billion and looking to...
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Intel's Self-Driving Company Mobileye Files for IPO With an Expected $30 Billion Valuation
Wednesday, October 12, 2022 - 10:18am | 475Mobileye, a self-driving tech company owned by Intel (NASDAQ: INTC), has just filed for IPO with the SEC under the symbol MBLY. According to the prospectus shared with the SEC, Intel is planning to list Class A common shares while retaining ownership over Class B stocks. Class B stocks have ten...
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Intel Q2 Earnings Takeaways: Adverse Market Conditions Hurt Revenue, Guidance, Sending Investors Running
Thursday, July 28, 2022 - 4:53pm | 507Chipmaker Intel Corporation (NASDAQ: INTC) is seeing shares drop in the after-hours session Thursday after reporting second-quarter results after the market close. Here are the key highlights for investors. What Happened: Intel reported second-quarter revenue of $15.3 billion, down 22% year-...
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Nio Is Looking For A 'Visionary' Leader To Drive Its Software Architecture Development In California
Monday, March 21, 2022 - 6:47am | 462China's Nio Inc (NYSE: NIO) is scouting for a chief operating software architect in San Jose, California ahead of its U.S. foray that will see it take on global EV leader Tesla Inc (NASDAQ: TSLA) on its home turf. What Happened: Shanghai-based Nio’...
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If You Invested $1,000 In Intel Stock One Year Ago, Here's How Much You'd Have Now
Friday, December 10, 2021 - 5:17pm | 638Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.1%. But there is no question some big-name stocks performed better than others along the way. Intel’s...
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This Investor Says Mobileye Isn't What Will Drive Intel Shares To $90: Here's What Will
Tuesday, December 7, 2021 - 3:01pm | 336Intel Corp (NASDAQ: INTC) is trading higher Tuesday after the company announced intentions to take its self-driving car unit, Mobileye, public. Gilman Hill Asset Management's Jenny Harrington thinks Intel still presents a solid investment opportunity without Mobileye. "When we...
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Why Intel Is Seeing A Gap Up Tuesday
Tuesday, December 7, 2021 - 1:19pm | 416Intel Corporation (NASDAQ: INTC) shares are trading higher Tuesday morning after the company announced its intention to take Mobileye public in the U.S. in mid-2022 via an initial public offering (IPO) of newly issued Mobileye stock. Intel stock saw a nice gap up Tuesday morning after...
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Intel Analyst Reacts To Mobileye IPO: 'Smart Move To Unlock Value'
Tuesday, December 7, 2021 - 12:06pm | 413Intel Corporation (NASDAQ: INTC) shares traded higher by 8% on Tuesday morning after the company announced a plan to take its self-driving car unit Mobileye public in mid-2022. The market reacted positively to the news, and one analyst said Tuesday the IPO could be a great way for Intel to unlock...
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Intel Shares Shoot Up On Plan To Take Mobileye Public
Tuesday, December 7, 2021 - 8:24am | 269Intel Corporation (NASDAQ: INTC) shares traded 9% higher at $55.66 in the pre-market session on Tuesday after the company announced it is looking to take its driver assistance and autonomous driving solutions subsidiary Mobileye public some time during the coming year. ...
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Intel's Mobileye Announces Deal With Autonomous Delivery Company: Could There Be A Stock Pop?
Monday, April 12, 2021 - 4:01pm | 348Intel Corp (NASDAQ: INTC) business unit Mobileye announced a partnership with an autonomous delivery company that could highlight the potential of the company to be a major player in the industry. What Happened: Mobileye announced a deal with Udelv for its autonomous delivery vehicle called...
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Nio To Go Driverless In China With Mobileye Collaboration
Tuesday, November 5, 2019 - 2:18pm | 484Nio Inc – ADR (NYSE: NIO) shares have crossed the $2 threshold level for the first time since late September after the Chinese electric vehicle maker announced an agreement Tuesday with Intel Corporation's (NASDAQ: INTC) Mobileye. 'The First Of Its Kind' Nio, which is popularly...
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5 Key Points From Intel's Q3 Beat
Friday, October 27, 2017 - 9:51am | 488Shares of Intel Corporation (NASDAQ: INTC) were trading higher by nearly 5 percent ahead of Friday's opening bell and above its 52-week high of $41.58 after the company reported a "solid all around" third quarter earnings report, analysts at Oppenheimer said in a research report. However, the firm'...
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Intel Inherits Mobileye's Problems
Monday, March 13, 2017 - 1:49pm | 403Trip Chowdhry of Global Equities Research was likely very surprised to learn of Intel Corporation (NASDAQ: INTC)'s $15 billion acquisition of Mobileye NV (NYSE: MBLY) - a company he previously referred to as a "hyper-inflated" stock that shouldn't be worth more than $10 a share....