lidar

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) was among the backers in lidar company Innovusion’s latest $64 million funding round, Reuters reported Monday. What Happened: Innovusion’s latest funding round was led by Singapore state investor Temasek and also saw participation...

MicroVision, Inc (NASDAQ: MVIS) shares fell over 21% in Thursday' after-hours session after the company announced its first-quarter results for 2021. What Happened: The solid-state automotive lidar and microdisplay technology company’s revenue for the first quarter was $0.5 million in Q1...

MicroVision Inc (NASDAQ: MVIS) is moving higher on Wednesday morning after the company announced the completion of its long-range Lidar sensor A-Sample hardware and development platform. What Happened: MicroVision put out a press release detailing the product completion.  “I...

Microvision, Inc (NASDAQ: MVIS) fell over 23% in the regular session on Tuesday. What Happened: Shares of the technology company that makes lidar sensors and microdisplays tumbled for no specific reasons as investors likely resorted to profit-taking.  MicroVision shares had shot up...

MicroVision, Inc (NASDAQ: MVIS) shares closed over 47% higher in the regular session on Monday and spiked another 9% in the after-hours trading. What Happened: The technology company has cemented its position as a “meme stock” and is spiking for the second straight session based on...

Technology company Microvision, Inc (NASDAQ: MVIS) closed over 36% higher on Friday and is capturing the imagination of retail traders on r/WallStreetBets, a Reddit forum associated with the GameStop Corp (NYSE: GME) short squeeze earlier in the year. What Happened: Microvision — which...

Xpeng Inc. - ADR (NYSE: XPEV) is seeing the virtue in the time-tested distribution model of legacy automakers, going by a release from the company late Thursday. What Happened: XPeng said it has entered into a memorandum of understanding with Zhongsheng Group to establish a long-term...

On CNBC's "Power Lunch" Monday, Susquehanna Financial Group semiconductor analyst Christopher Rolland said he is generally more neutral on the semiconductor sector given the supply issues, but there are two names in particular that he would "highlight." Lumentum Holdings Inc...

One of the trending sectors in the SPAC market is that of lidar, the technology measures distances using light. Last week, it was reported that Apple Inc (NASDAQ: AAPL) is talking with lidar companies for its long-rumored electric vehicle and self-driving efforts. Bloomberg reported Apple would...

One of the hottest sectors for investors in 2020 was SPACs. As the SPAC story continues in 2021, an important theme for investors and analysts to monitor is when recently merged SPACs report quarterly earnings. Some SPAC mergers involve pre-revenue companies, so it could be important to monitor...

The four-day trading week saw no weakness in SPAC deal announcements or headlines, all of which we followed on Benzinga's SPACS Attack show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals: There were eight announced SPAC deals during the...

Rumors have abounded over the last two months concerning a foray by Apple Inc (NASDAQ: AAPL) into self-driving car manufacturing. It now appears the rumors could have some merit.  What Happened: Cupertino is in active discussions with several suppliers to procure the lidar...

Ford Motor Company (NYSE: F), an investor in Velodyne Lidar Inc (NASDAQ: VLDR), which went public in a 2020 SPAC merger, has sold its stake for a profit.  What Happened: Ford sold its stake in Velodyne Lidar after seeing a large gain from the company going public, according to ...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk appeared on Clubhouse on early Monday morning and talked about a wide variety of subjects ranging from colonization of Mars to the latest on his companies. On The Future of Tesla: The entrepreneur said that the automaker wants to make 20 million cars and...