Robotics

As China doubles down on robotics and artificial intelligence with a $138 billion state-backed fund, U.S. robotics leaders have urged Washington to establish a national strategy or risk falling behind in the global technology race. What Happened: Executives from Tesla, Inc. (NASDAQ:TSLA), Boston...

Symbotic Inc. (NASDAQ:SYM) reported its first-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.  The Details: Symbotic reported quarterly losses of three cents per share which missed the analyst consensus estimate for losses of two cents....

Robotics company Figure AI is leaving its collaboration agreement with OpenAI following a ‘major breakthrough’ on its in-house robot AI, the company’s CEO Brett Adcock said in a social media post on Tuesday. What Happened: “We’re excited to show you in the next 30 days...

Semiconductor company NVIDIA Corporation (NASDAQ:NVDA) has invested in Taiwanese company MetAI, adding to its portfolio of stakes in artificial intelligence companies. What Happened: Nvidia, which recently made waves at CES with new product announcements, has invested in the $4 million seed round...

NVIDIA Corporation (NASDAQ:NVDA) stock hit new all-time highs Monday as investors and analysts size up the company's new products and growth opportunities that will be key storylines at this year's CES conference. The NVDA Analyst: Bank of America analyst Vivek Arya reiterated a Buy rating on...

Cathie Wood, CEO and CIO of Ark Invest shared her optimistic outlook for 2025 on Wednesday. What Happened: Taking to X, formerly Twitter, Wood expressed excitement for the new year, highlighting advancements in robotics, energy storage, artificial intelligence, blockchain technology, and multiomics...

Tesla Inc (NASDAQ:TSLA) is the top stock pick in the automotive sector for 2025, Morgan Stanley analysts led by Adam Jonas said in a note covering electric vehicles (EVs). Tesla Top Stock Pick: Jonas’ note came ahead of Tesla hitting new all-time highs Wednesday. Jonas reiterated an...

UiPath, Inc. (NYSE:PATH) reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report.  The Details: UiPath reported quarterly earnings of 11 cents per share, which beat the analyst consensus estimate of seven cents. Quarterly revenue came in at $...

Symbotic Inc (NASDAQ:SYM) shares are soaring Tuesday after the company reported blowout numbers for the fourth quater. The Street was looking for revenues of $470.27 million. The company reported $576.76 million. It also reported earnings of five cents, which was ahead of estimates of three...

Symbotic Inc. (NASDAQ:SYM) reported its fourth-quarter results after Monday's closing bell. Here's a look at the details from the report.  The Details: Symbotic reported quarterly earnings of five cents per share, which beat the analyst consensus estimate of three cents. Quarterly revenue...

Hyundai Motor-owned robotics company Boston Dynamics and Toyota Research Institute (TRI) entered into a research partnership last week, in a bid to replicate Tesla Inc.’s (NASDAQ:TSLA) progress with its Optimus humanoid robot. What Happened: The newly announced partnership is aimed at...

Rick Cohen, founder of Symbotic (NASDAQ:SYM), has seen $9 billion erased from his net worth following a significant drop in his AI-powered company’s stock price. What Happened: Cohen, who owns and chairs C&S Wholesale Grocers, founded Symbotic which manufactures AI-driven warehouse robots...

Serve Robotics Inc (NASDAQ:SERV) shares are moving higher in Tuesday’s after-hours session on the heels of the company’s second-quarter financial results. Q2 Revenue: $468,375, versus estimates of $400,000 Q2 EPS: Loss of 27 cents, versus estimates for a loss of 25 cents Serve...

Serve Robotics Inc (NASDAQ:SERV) shares are trading higher in Thursday’s after-hours session on what appears to be continued momentum from the regular session. Here’s what you need to know. What To Know: Serve Robotics shares have been seeing increased attention since NVIDIA Corp (...

In a recent development, four European tech firms have been selected as the first beneficiaries of the €1 billion ($1.1 billion) innovation fund set up by a consortium of NATO allies. What Happened: The NATO Innovation Fund (NIF) was initiated in 2022 in response to Russia’s aggression...