The Latest Breaking News from Mobileye

While inflation remains a major concern, Goldman Sachs’ top economist still sees the chances of the economy avoiding a recession. However, amid prevailing uncertainties, we think fundamentally strong stocks Johnson & Johnson (JNJ), Volkswagen (VWAGY), Stellantis (STLA), and Core Molding Technologies (CMT) might be worth adding to your portfolio. Continue…

Deliveries in China start in early 2023, with the base model priced at $68,450 and the one with the 140-kWh Qilin battery supplied by CATL starting at $80,660.

The market rally was volatile but ultimately rallied broadly. Amazon, Meta, Google and Microsoft sold off on earnings, as Apple jumped on results.

Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone invented autonomous cars.

INTC stock edged down Wednesday as the company spun off Mobileye in an initial public offering that priced above the expected range.

Mobileye, Intel's self-driving unit, raised $861 million from a firmer-than-expected IPO that values the Israel-based group at around $16.7 billion.

The stock market rally ran up to a key test Tuesday. But tech futures tumbled late on Microsoft and. Google earnings.

Intel stock edged up Monday, as it gets ready to spin off its self-driving tech company Mobileye, which could raise $820 million.

Intel's initial public offering for its self-driving technology unit Mobileye values the company at less than a third of previous estimates.

Reuters Exxon Exits Russia Completely After Putin Seizes Company's Properties

The volatility in the stock market and a higher interest rate environment is preventing tech companies from going public.