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Chinese tech stock Hesai jumps 50% on Mercedes-Benz contract

Hesai Group (HSAI) shares surge after reports that Mercedes-Benz (MBGAF) will equip its upcoming smart driving cars with the Chinese lidar developer's technology, according to reports from Reuters. Julie Hyman and Josh Lipton take a closer look at the monumental stock move. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan.

Yahoo Finance Video 16 hours ago

MBGAF

MBGYY

HSAI
Why Is Consumer Robot Maker iRobot Stock Plunging Today?

Shares of consumer robot maker iRobot Corp (NASDAQ:IRBT) are trading lower in premarket on Wednesday after the fourth-quarter FY24 earnings. The company reported fourth quarter sales decline of 44% year-on-year to $172.03 million, beating the analyst consensus estimate of $171.00 million. Adjusted EPS loss of $2.06 missed the consensus estimate loss of $1.73. Gross margin for the quarter contracted 940 basis points to 9.4% and the gross profit plunged 71% to $16.4 million. Operating expenses for

Benzinga 4 minutes ago

IRBT
Supermicro Taps Intel Chips To Power Real-Time AI At The Edge, Eyes Growth In IoT And Healthcare

On Tuesday, Super Micro Computer, Inc (NASDAQ:SMCI) introduced a wide range of systems fully optimized for edge and embedded workloads. Several of these new compact servers, based on the latest Intel Corp (NASDAQ:INTC) Xeon 6 SoC processor family (formerly codenamed Granite Rapids-D), empower businesses to optimize real-time AI inferencing and enable smarter applications across many key industries. CEO Charles Liang noted that as the demand for Edge AI solutions grows, businesses need highly rel

Benzinga 13 minutes ago

SMCI

INTC
NUBURU Takes Strategic Leap Forward: First Acquisition Step in Defense and Security Sector Completed

CENTENNIAL, Colo., March 12, 2025--NUBURU, Inc. (NYSE American: BURU), a leader in high-power and high-brightness industrial blue laser technology, is proud to announce the successful completion of the first key step in its strategic acquisition plan focused on the defense and security business sector. This pivotal move aligns with the Company’s ongoing commitment to cultivate synergies with its existing laser technology expertise and the adoption of cutting-edge, AI-driven solutions and robotic

Business Wire 22 minutes ago

BURU

BURUW
Q2 2025 Stitch Fix Inc Earnings Call

Q2 2025 Stitch Fix Inc Earnings Call

Thomson Reuters StreetEvents 30 minutes ago

SFIX
Stitch Fix Stock Surges as Revenue Tops Estimates, Losses Narrow

Shares of Stitch Fix surged Wednesday after the clothing subscription business reported better revenue and a smaller loss than analysts had expected for the second quarter of fiscal 2025.

Investopedia 40 minutes ago

SFIX
5 Things to Know Before the Stock Market Opens

News of the day for March 12, 2025

Investopedia 59 minutes ago

ADBE

INTC
Hesai Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Hesai Group ( NASDAQ:HSAI ) Full Year 2024 Results Key Financial Results Revenue: CN¥2.08b (up 11% from FY 2023). Net...

Simply Wall St. 1 hour ago

HSAI
Ondas Holdings Reports Fourth Quarter and Full Year 2024 Financial Results: Anticipates Record Revenue in 2025

Ondas Autonomous Systems (OAS) Business Unit 2025 Revenue Outlook Raised to at least $20 Million Driven by $10 Million Backlog and Expected Order Growth from Current and New Military Customers $25 Million in 2025 Total Revenue Expected for Ondas Holdings ...

ACCESS Newswire 1 hour ago

ONDS
IRobot: Q4 Earnings Snapshot

BEDFORD, Mass. AP) — IRobot Corp. IRBT) on Wednesday reported a loss of $77.1 million in its fourth quarter.

Associated Press Finance 1 hour ago

IRBT
NovoNordisk stock falls on Roche-Zealand pact; Jefferies cuts target

Investing.com -- Novo Nordisk (CSE:NOVOb) (NYSE:NVO) shares slumped Wednesday after Roche (SIX:ROG) struck a $5.3 billion deal to acquire rights to an obesity treatment from Denmark’s Zealand Pharma A/S (CSE:ZELA).

Investing.com 1 hour ago

NVO

ROG.SW

LLY
ZIM: Q4 Earnings Snapshot

HAIFA, Israel (AP) — ZIM Integrated Shipping Services Ltd. (ZIM) on Wednesday reported fourth-quarter net income of $561.5 million. The Haifa, Israel-based company said it had net income of $4.66 per share. The results surpassed Wall Street expectations.

Associated Press Finance 1 hour ago

ZIM
AI Chips Today - Eviden and Supermicro Power Global AI Expansion with NVIDIA Solutions

Eviden, a leading business of the Atos Group, has entered into a strategic collaboration with Supermicro to distribute the AI SuperCluster equipped with NVIDIA GB200 NVL72 solutions across Europe, India, the Middle East, and South America. This partnership aims to advance enterprise AI capabilities and cater to the rising demand for training and inference of trillion-parameter AI models. The NVIDIA GB200 NVL72 features a powerful configuration of 36 NVIDIA Grace CPUs and 72 NVIDIA Blackwell...

Simply Wall St. 1 hour ago

AMD

INTC

NVDA
Nvidia Stock Rises. Why More Volatility Is Coming.

Don't expect the chip maker's shares to stop swinging about anytime soon, as tariffs unnerve markets.

Barrons.com 1 hour ago

NVDA

AMD

TSM
iRobot Appoints Neal P. Goldman to Board of Directors

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced the addition of Neal P. Goldman as an independent director to its Board of Directors, effective immediately, expanding the size of the Board to nine directors, eight of whom are independent.

PR Newswire 1 hour ago

IRBT
Trending tickers: US Steel, Super Micro, Intel, Inditex and Porsche

The latest investor updates on stocks that are trending on Wednesday.

Yahoo Finance UK 1 hour ago

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RNMBY

X
Vast’s Clean Energy Project Secures up to AUD180 Million from the Australian Renewable Energy Agency to Power South Australia’s Grid and Green Fuels Production

Vast secures up to AUD180 million of funding from ARENA for construction of groundbreaking South Australian clean energy project, conditional on meeting certain milestonesProject to deploy Vast’s innovative clean energy solution, delivering clean power for South Australia’s grid when intermittent renewables are not available, as well as for green fuels productionVast on-track to export its solution to a global pipeline of projects, enabling long duration energy storage and generation critical to

GlobeNewswire 1 hour ago

VSTE

VSTEW

NBR
Interactive Strength Inc. (Nasdaq:TRNR) Raises $3.6M in 3-year Notes from Existing Institutional Investor

Latest investment follows previously-announced investment in TRNR of $2.9M, reflecting investor's increased enthusiasm for Company's growth and acquisition strategy, including last week's Letter of Intent Company looks forward to appearing at this ...

ACCESS Newswire 1 hour ago

TRNR
iRobot Reports Fourth-Quarter and Full-Year 2024 Financial Results

iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the fourth quarter and full year ended December 28, 2024.

PR Newswire 1 hour ago

IRBT
ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2024

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2024.

PR Newswire 1 hour ago

ZIM

Performance Overview

Return	DSY.JO	All Share Index
YTD	+0.68%	+3.92%
1-Year	+44.47%	+18.93%
3-Year	+22.33%	+18.60%

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Related News

Chinese tech stock Hesai jumps 50% on Mercedes-Benz contract

Why Is Consumer Robot Maker iRobot Stock Plunging Today?

Supermicro Taps Intel Chips To Power Real-Time AI At The Edge, Eyes Growth In IoT And Healthcare

NUBURU Takes Strategic Leap Forward: First Acquisition Step in Defense and Security Sector Completed

Q2 2025 Stitch Fix Inc Earnings Call

Stitch Fix Stock Surges as Revenue Tops Estimates, Losses Narrow

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Hesai Group Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

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NovoNordisk stock falls on Roche-Zealand pact; Jefferies cuts target

ZIM: Q4 Earnings Snapshot

AI Chips Today - Eviden and Supermicro Power Global AI Expansion with NVIDIA Solutions

Nvidia Stock Rises. Why More Volatility Is Coming.

iRobot Appoints Neal P. Goldman to Board of Directors

Trending tickers: US Steel, Super Micro, Intel, Inditex and Porsche

Vast’s Clean Energy Project Secures up to AUD180 Million from the Australian Renewable Energy Agency to Power South Australia’s Grid and Green Fuels Production

Interactive Strength Inc. (Nasdaq:TRNR) Raises $3.6M in 3-year Notes from Existing Institutional Investor

iRobot Reports Fourth-Quarter and Full-Year 2024 Financial Results

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2024

Performance Overview