logo
US bunker buster bombs were tested as recently as last year

US bunker buster bombs were tested as recently as last year

Fox News6 hours ago

All times eastern Making Money with Charles Payne The Evening Edit with Elizabeth Macdonald FOX News Radio Live Channel Coverage WATCH LIVE: Transportation Sec Duffy tours air traffic control tower in San Diego

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?
This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?

Yahoo

time9 minutes ago

  • Yahoo

This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?

Innoviz (INVZ) shares have been in focus in recent sessions as Tesla's (TSLA) upcoming launch of robotaxi services in Austin keeps investors particularly interested in self-driving car stocks. However, the company that specializes in LiDAR sensors is not riding on speculation only. In fact, Innoviz has just landed two major agreements that could boost its capabilities as well as the stock price. Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Dear Nvidia Stock Fans, Mark Your Calendars for July 16 The Trump Family Is Betting Big on Mobile Phones. Should Apple Stock Investors Be Worried? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! On Wednesday, Innoviz stock is up some 20% on the back of a deal with Cogniteam and another with a renowned global automaker. Innoviz has signed a 'Statement of Development Work' with a top-5 global automaker to supply its InnovizTwo LiDAR system for a Level 3 autonomous driving vehicle slated for production in 2027. INVZ will soon begin delivering hundreds of tailored sensors and software modules, positioning the company as a Tier-1 partner. This agreement accelerates the Nasdaq-listed firm's move into the mass-market automotive space and opens the door to large-scale production deals. For Innoviz stock, this means three significant benefits: near-term revenue from early deliveries, long-term upside tied to a production contract, and validation from a blue-chip OEM. As CEO Omer Keilaf said in a recent press release, working with 'one of the most respected automotive manufacturers' boosts INVZ's credibility and market positioning. Innoviz's collaboration with Cogniteam, announced this morning, integrates the latter's AIoT analytics into InnovizSMART Long-Range LiDAR. The outcome? A plug-and-play solution that finds far-reaching applications within the safety and security niche. This deal helps diversify INVZ's revenue streams beyond automotive manufacturing. It taps into the fast-growing security and surveillance market – which typically offers higher margins and quicker sales cycles. In short, the Cogniteam partnership underscores Innoviz's ability to leverage the same LiDAR tech in versatile, value-added applications – enhancing its competitive moat. Despite an explosive rally over the past two months, Wall Street analysts continue to see significant further upside in Innoviz stock. According to Barchart, the consensus rating on INVZ shares remain at 'Strong Buy' with the mean target of $2.41 indicating potential upside of roughly 80% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Bloomberg Daybreak Asia: US Futures Pare Losses as Trump Weighs Iran Role
Bloomberg Daybreak Asia: US Futures Pare Losses as Trump Weighs Iran Role

Bloomberg

time32 minutes ago

  • Bloomberg

Bloomberg Daybreak Asia: US Futures Pare Losses as Trump Weighs Iran Role

US equity futures moderated declines early Friday as President Donald Trump weighs whether to back Israel militarily in its conflict with Iran. Contracts for the S&P 500 were down around 0.3% from Wednesday's close in early Asia hours, compared with a 0.9% drop on Thursday when US markets were closed for the Juneteenth holiday. While traders were offered some short-term clarity as the White House said Trump will decide within two weeks whether to strike Iran, the remarks did little to resolve broader uncertainty around potential US involvement and the risk of renewed energy-driven inflation. For more on what's ahead, we heard from Maria Rost Rublee, Professor of International Relations at the University of Melbourne. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts. Markets were already on edge after the Federal Reserve downgraded its estimates for growth this year and projected higher inflation. As projected, Fed officials held rates steady at their policy meeting this week. We get some analysis from David Laut, Chief Investment Officer at Abound Financial.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store