mobileye Archives - Coinspeaker

Mobileye Posts Q3 2022 Earnings Report, Beats Out Analysts’ Expectations on Revenue

Mobileye reported that it made $450 million in Q3 2022 and has now forecast fourth-quarter revenue to $527 million-$545 million.

Mobileye Shares Climb 37% on Market Debut Despite Lower-Than-Expected IPO Valuation

Business News, IPO News, Market News, News, Stocks

By Tolu Ajiboye Oct 27, 2022

The Mobileye market debut comes as parent company Intel looks to embark on a capital-intensive process to enhance its market position.

Intel’s Mobileye Unit Mulling Significantly Lower Valuation in IPO

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By Bhushan Akolkar Oct 18, 2022

Even after the IPO, Intel is planning to keep the majority stake in Mobileye.

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INTC Stock Up 7% in Pre-Market and 3% Now as Intel Prepares to Take Mobileye Public

By Godfrey Benjamin Dec 7, 2021

Intel shares responded positively to the news, soaring as much as 7.53% to $54.83 in the pre-market.

Business News, Deals News, IPO News, News

Lidar Startup Luminar Going Public through Reverse Merger

By Teuta Franjkovic Aug 25, 2020

Luminar, a Florida-based startup that makes LIDAR sensors and other components essential for autonomous driving technology, is the latest transportation company to go public via a “reverse merger” with a special acquisition company, or SPAC.

Business News, Deals News, Market News, News, Stocks

INTC Stock Down 0.45% in Pre-Market, Intel Set to Purchase Israel’s Moovit for $1 Billion

By Steve Muchoki May 4, 2020

The American multinational corporation Intel is going to acquire Moovit for $1 billion. Meanwhile, Intel (INTC) is slightly down in the pre-market.

News, Technology News, Transportation News

Mobileye Views Robotaxi Services as Its Chance to Surpass Waymo and Other Big Players

By Darya Rudz Jan 16, 2020

Mobileye is going to start offering its robotaxi services in China. As soon as in 2025, electric vehicles are said to be the standard there.