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Summary Luminar Tech. continues to expand the order book to limited excitement from the stock market. The Lidar sensor company likely now has an order book of $5-6 billion over the next 5 years. LAZR stock isn't priced for this order book size or the potential for annual revenues to...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: JHVEPhoto/shutterstock.com Luminar Technologies (NASDAQ: LAZR ) stock closed in the green today on news of an important partnership. A leader in the light detection and ranging (lidar) space, the company is jo...
Luminar ( NASDAQ: LAZR ) shares rose sharply on the announcement of a “sweeping expansion” of a partnership with Mercedes-Benz ( OTCPK:MBGAF ). Under the expanded partnership, the LiDAR provider will “integrate the next generation of Luminar’s I...
Expanding partnership and volumes by more than an order of magnitude to a broad range of consumer vehicles Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today a sweeping expansion of its partnership with Mercedes-Benz to safely enable enhanced automat...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips In mid-January, I named three penny stocks that could rise 500% in a year . It was an outlandish goal, of course. Few companies rise 100% within 12 months, let alone 500%. Yet, performance has been excellent so far. As a g...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Since the launch of OpenAI ‘s ChatGPT, artificial intelligence ( AI ) has risen to the top of the year’s important trend list. The United States government has already prioritized it, joining forces with the Eu...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Robert Way / Shutterstock.com Polestar (NASDAQ: PSNY ) stock is trading 9% higher today after the electric vehicle (EV) company announced that it would further integrate Luminar’s (NASDAZ: LAZR ...
Polestar Automotive Holdings ( NASDAQ: PSNY ) and Luminar Technologies ( NASDAQ: LAZR ) announced on Thursday plans to deepen their partnership by expanding the integration of Luminar’s technology on the Polestar 5. The expanded partnership is expected to provide a foun...
New expanded partnership extends scope for future cars including Polestar 5 Polestar 3 with Luminar lidar now available to order at Polestar.com [1] Polestar (Nasdaq: PSNY) and Luminar (Nasdaq: LAZR) announced plans to deepen their partnership by expanding the integration of Lum...
Summary Velodyne’s internal management issues have derailed the development and pipeline development for the company. Velodyne’s broad portfolio has a differentiated position relative to competitors but is lagging behind peers in relation to automotive applications. Th...
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Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update for the second quarter of 2024 following the close of the market on Tuesday, August 6, 2024. At 4:00 p.m. EDT (1:00 p.m. PDT) the company will publish material...
Full Stack Software Development Kits to Ship to Top Automakers Beginning in Q3 Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced it is launching Sentinel 1 , its full-stack software suite, following five years of breakthrough developments in Sof...
2024-06-01 10:11:00 ET Back in April, Tesla CEO Elon Musk made a bold prediction about the future of the car industry. During the company's earnings call, Musk proclaimed that at some point, "all cars will need to be smart cars."One of the major features of a smart car is that the vehic...