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Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced two new key executive hires to help guide the company through its next phase of rapid growth. Dr. David Foster joins Luminar as the Executive Vice President of Engineering. Dr. Foster's extensive experie...
2024-04-10 12:36:05 ET Summary Luminar Technologies, Inc. has reported record quarterly results and announced a SoP with a major Tier 1 auto, but the stock is trading at all-time lows. The company missed Q4 '23 consensus estimates and faced delays in the launch of the Volvo EX90 v...
2024-04-08 06:14:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips AI stocks , biotech stocks , and renewable energy stocks dominate the list of most shorted stocks , but there also many consumer discretionary stocks short sellers are betti...
2024-04-02 09:56:41 ET More on Tesla Tesla: The Pain Might Not Be Over (Downgrade) Tesla Stock: No Longer An Obvious Sell Why Tesla Has Had The Worst Market Performance This Year Tesla slumps 7% after Q1 deliveries miss already-reduced expectations Te...
2024-04-02 01:07:43 ET Summary LAZR's share price weakness presents an attractive entry point for investors, as the focus on overall EV production has overshadowed LAZR's strong execution. LAZR has achieved key milestones for FY23, including production ramp-up with Volvo and passi...
2024-04-01 11:02:12 ET More on Consumer Discretionary Select Sector SPDR ETF XLY Will Continue To Be Fueled By Resilient Consumer Spending In 2024 XLY: Consumer Discretionary Rebound May Reverse As Retail Sales Crash Cons Disc distribution & retail has the highes...
2024-04-01 05:48:58 ET Summary 2023 was challenging for LiDAR companies, especially in the Western market. Most faced setbacks and uncertainties in the consumer auto ADAS sector. Financially, despite a combined revenue of $200M, operating expenses exceeding $1.1B highlighted the s...
NEW YORK, NY / ACCESSWIRE / March 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luminar Technologies, Inc. ("Luminar" or "the Company") (NASDAQ:LAZR). Investors who purchased Luminar securities are encouraged to obtain additional i...
2024-03-10 23:12:38 ET Summary Aeva announces a win with Torc and Daimler Truck to supply its 4D LiDAR technology for autonomous trucks. The market reaction, while positive to the win, will reflect the challenges faced by other companies in turning production wins into revenue. ...
2024-03-05 18:28:41 ET Summary Luminar Technologies reported disappointing Q4 revenues, missing Street estimates by over $5 million. Analysts have slashed their revenue estimates for the company, pushing the potential growth story further out into the future. Luminar's cash bu...
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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...