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IBG News14 articles
Onto Innovation Stock Surges, Nears Key Convertible Note Conversion Price
Onto Innovation shares jumped 7.5%, closing in on the $381.80 conversion price of its $1.5B convertible notes. The stock now trades 10.2% below that level, with analysts maintaining a $358.82 average target.
Aurora Innovation Shares Fall Amid Cash Burn Concerns and Pilot Revenue
Aurora Innovation shares slid 2.1% to $6.42, landing between Uber's block sale price and a director's purchase level, as the autonomous truck developer reports $1 million in Q1 revenue and expects further capital raises.
Aurora Innovation Bounces Back After 23% Slide, Driverless Truck Launch Ahead
Aurora Innovation shares recovered 2.68% to $6.13 after a seven-day 23% decline, as investors eye the Q2 second-gen hardware rollout and driverless truck deployment target.
Aurora Innovation Stock Edges Higher Despite Uber's Partial Exit
Aurora Innovation shares edged up Friday as the market weighs Uber's partial exit against the company's ambitious 2026 driverless truck rollout plans.
Aurora Innovation Dips Amid Tech Selloff, Uber's Share Sale Still Weighs
Aurora shares fell 3.5% as tech and self-driving stocks slid. Uber's block sale of 67.5 million shares at $7.10 continues to overhang the stock.
Aurora Innovation Shares Drop 11% as Driverless Truck Rollout Faces Revenue Scrutiny
Aurora Innovation shares slid 11% as investors weigh the pace of its driverless truck rollout against revenue expectations, despite an 80% year-to-date gain.
Aurora Innovation Gets Outperform Rating, Shares Jump Ahead of Monday Trading
Aurora shares surged 3.8% to $7.34 after Northland gave an Outperform rating and $11 target, citing AI and autonomous driving. The company expects hundreds of driverless trucks by year-end.
Onto Innovation Shares Fluctuate as AI Momentum Faces Scrutiny
Onto Innovation shares ended the week lower at $258.24, down 0.2%, after a volatile week that saw a 4.6% jump Tuesday followed by three days of declines.
Aurora Innovation Surges on Commercial Deals and Analyst Upgrade
Aurora Innovation shares rose 5.8% to $7.21 after Morgan Stanley raised its price target to $14 and the company announced new commercial freight deals with Volvo, DSV, and McLane.
Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout
Aurora Innovation shares fell 8.3% over five days to $7.07 ahead of Memorial Day, as the company reported a $244M operating loss on $1M revenue and outlined plans to deploy over 200 driverless trucks by year-end.
Aurora Innovation Stock Dips 5.75% Ahead of Annual Meeting
Aurora Innovation shares closed at $7.71 on Friday, down 5.75%, but remain up 10% from last week. The company aims to deploy over 200 driverless trucks by year-end and holds its annual meeting on May 21.
Aurora Innovation's Autonomous Trucking Ambitions Face Real-World Test with Volvo-DSV Texas Launch
Volvo and DSV launch commercial autonomous freight on the Dallas-Houston route using Aurora's self-driving tech. Aurora reports $1M Q1 revenue and $223M net loss, targeting 200+ driverless trucks by 2026.
Aurora Innovation's $10B Valuation Faces Reality Check as Driverless Truck Rollout Advances
Aurora Innovation shares declined 2.6% to $4.12, valuing the autonomous trucking company at nearly $10 billion despite generating only $3 million in 2025 revenue. The firm aims to deploy over 200 driverless trucks by year-end while navigating a $238 million quarterly operating loss.
Fundrise Innovation Fund Soars 55% in NYSE Debut as Retail Flocks to Private AI
Fundrise Innovation Fund shares skyrocketed 54.5% to $117.70 in their second day of NYSE trading, valuing the fund at more than six times its March 2 net asset value. The closed-end fund provides retail access to private artificial intelligence companies.