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Innoviz Technologies (NASDAQ:INVZ) reported record second-quarter revenue of $18.1 million as higher recognition of non-recurring engineering, or NRE, revenue tied to customer milestones helped lift results. The lidar developer also said it is expanding into defense and homeland-security application
GM raised profit guidance on steady pricing and strong truck sales, while Mobileye's unit growth masked falling per-system prices and a founder's planned departure.
Moby summary of Mobileye Global Inc.'s Q2 2026 earnings call
Mobileye Global Inc (MBLY) reports a 46% increase in adjusted operating profit and expands its operating margin, while navigating challenges in revenue growth and robotaxi scaling.
Mobileye Global (NASDAQ:MBLY) reported a largely stable second quarter for revenue while profitability improved sharply, as executives pointed to stronger-than-market EyeQ chip volumes, a new Israeli research and development incentive and an expanded push into robotaxis as key themes for the company
Mobileye Global said on Thursday that founder Amnon Shashua plans to step down as chief executive officer once a successor is appointed, as the autonomous driving technology maker launched a search for its next leader. The board will hire an executive search firm to select a new CEO, Mobileye said. Mobileye also reported second-quarter revenue of $508 million, beating LSEG estimates of $481.24 million, helped by what CEO Amnon Shashua described as "strong momentum" in the company's core business as it prepares for a number of advanced product launches in late 2026 and throughout 2027.
PulteGroup (NYSE:PHM) reported higher second-quarter orders and reaffirmed its full-year delivery and margin outlook, even as revenue and earnings declined from a year earlier amid fewer closings and a lower average sales price. On the company’s earnings call for the quarter ended June 30, 2026, Pr
Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems. The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve lane keeping and hands-free driving. ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue.
Mobileye Global said on Tuesday it would launch its own robotaxi service in the United States next year, putting the self-driving technology supplier in direct competition with some of the very customers it serves. Increasing investment in driverless technology is ramping up competition as companies pursue greater control over deployment and revenue, reshaping partnerships across the autonomous vehicle sector. Mobileye plans to deploy about 100 vehicles in a major U.S. city starting in 2027, with ambitions to scale the fleet to roughly 17,000 over the next five years.
Investing.com -- Berenberg has downgraded Mobileye Global Inc to “Hold” from “Buy,” saying the stock’s sharp rally since March has made its near-term risk-reward profile more balanced despite continued confidence in the company’s long-term autonomous driving opportunity.
Innoviz Technologies (NASDAQ:INVZ) reported first-quarter 2026 revenue of $7.1 million and reiterated its full-year revenue outlook, while emphasizing new momentum in defense, homeland security and autonomous vehicle programs. Chief Executive Officer and Co-Founder Omer Keilaf said some non-recurri
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