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2023-04-17 07:51:51 ET Shares of LiDAR startup Cepton ( NASDAQ: CPTN ) slid sharply in premarket trading on Monday as JP Morgan downgraded the stock to Underweight. Equity analyst Samik Chatterjee said his downgrade was motivated, in part, by a “tough macro backdr...
Achieved Key 2023 Milestone Ahead of Guidance; First Sensors Shipping Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced the successful build-out and bring-up of a new highly automated, high-volume manufacturing facility in Monterrey, Mexico. The fir...
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Luminar To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - April 4, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is inv...
2023-03-31 16:41:58 ET Summary Luminar Technologies, Inc. has made commercial agreements with the likes of Volvo and Mercedes Benz and is getting ready to start serial production. Its order book has grown significantly to $3.4B and may grow by another $1B in 2023. I find Lumin...
2023-03-27 23:30:42 ET Summary Ouster remains my bet on Lidar, based on technology. The lack of the yearly forecast is understandable but weakens the story. Expect messy costs for at least two quarters. The merger's aftermath will remain unknown for some time and represent...
2023-03-24 15:00:32 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calenda...
2023-03-24 12:39:16 ET Luminar Technologies CFO Tom Fennimore penned a strongly worded open letter on Friday, arguing the stock’s recent slide is unjustified. Shares of the Florida-based automotive technology company have fallen sharply in March, sliding over 35% sinc...
Reiterates Strong Outlook Provided at Luminar Day Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update and report financials for the first quarter of 2023 following the close of the market on Tuesday, May 9...
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Luminar To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - March 22, 2023) - Faruqi & Faruqi, LLP, a leading national securities law firm, is in...
2023-03-22 17:23:48 ET Luminar Technologies Inc ( NASDAQ: LAZR ) ended about 15% down today after a Goldman Sachs analyst turned bearish on the company that makes vision-based lidar sensors for autonomous cars. Luminar stock could sink to $5.0 a share On Wednesday, Mark Dela...
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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...