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GM-Backed Cruise Gets Approval To Carry Passengers In Driverless Cars
Saturday, June 5, 2021 - 1:12pm | 444Read More...Cruise is planning to test Chevrolet Bolt EVs, which are equipped with driverless technology. What Happened: Autonomous vehicle company Cruise has received a permit to carry passengers in its self-driving vehicles in California. In a statement, the California Public Utilities Fee (CPUC)...
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Waymo And Cruise Said To Be Seeking Approval To Commercialize Self-Driving Rides In San Francisco
Wednesday, May 12, 2021 - 2:15am | 589Read More...Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving subsidiary Waymo and General Motors Co (NYSE: GM)-backed Cruise have applied for commercial permits in San Francisco, according to a Reuters report that cited state documents. What Happened: The self-driving technology companies...
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Autonomous Trucking Company Plus Announces SPAC Deal: What Investors Should Know
Monday, May 10, 2021 - 1:45pm | 553Read More...A company hoping to disrupt the massive semitruck market announced a SPAC deal Monday, with plans to launch autonomous trucks in 2021. The SPAC Deal: Plus, formerly known as Plus.ai, announced a SPAC deal with Hennessy Capital Investment Corp V (NASDAQ: HCIC). The deal values the company at an...
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Walt Disney Debuts New Cruise Ship, Disney Wish: What Travelers (And Investors) Need To Know
Thursday, April 29, 2021 - 5:07pm | 605Read More...Want to vacation with Spider-Man, Elsa or Mickey Mouse? Walt Disney Co. (NYSE: DIS) is taking its famed storytelling skills and transforming them into an immersive experience on the Disney Wish, Disney Cruise Line's latest ship. What Happened: At a virtual media event on Thursday morning, the...
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After Walmart Invests In Cruise, GM Stock Analyst Says AV Unit Worth $10/Share
Thursday, April 15, 2021 - 4:54pm | 638Read More...Back in January, General Motors Company (NYSE: GM) announced a funding round of $2 billion for its autonomous vehicle segment Cruise that included Microsoft Corporation (NASDAQ: MSFT) and Honda Motor Co (NYSE: HMC). What Happened: On Thursday, Walmart Inc (NYSE: WMT) was announced as taking...
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Argo AI Mulling SPAC Or IPO Deal This Year
Saturday, April 3, 2021 - 10:27am | 437Read More...Argo AI may be considering going public through either a traditional IPO or a transaction with a SPAC. What Happened: Argo AI, an autonomous vehicle startup backed by Ford Motor Co. (NYSE: F) and Volkswagen (OTC: VWAGY), is reportedly considering going public as soon...
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Is Polaris Being Overlooked In The Electric & Autonomous Vehicle Markets?
Friday, April 2, 2021 - 11:00am | 530Read More...The growth of the electric vehicle market has produced many companies tackling different sectors and sizes of the market. A company known for producing off-road vehicles could become a player in the electric and autonomous vehicle markets. What Happened: Optimus Ride and Polaris Inc (NYSE: PII)...
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Norwegian Cruise Lines Reports Biggest Booking Day In Its History
Wednesday, March 10, 2021 - 4:28pm | 358Read More...Norwegian Cruise Lines Holdings Ltd (NYSE: NCLH) recorded its biggest booking day in the company’s 18-year history after it opened sales for its winter 2022-2023 Oceania Cruises Tropics and Exotics Collection. What Happened: On March 3, the company opened its bookings for 127...
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Is Carnival's Stock A Buy After Resumption Of Cruises?
Wednesday, September 9, 2020 - 9:05am | 432Read More...Carnival Corp (NYSE: CCL) resumed operations in Europe after its Costa Deliziosa set sail from northern Italy over the weekend. Does this mark a turning point for the stock that is still down more than 60% since the start of 2020? Could Be 'Enormous': Carnival's resumption of cruises...
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Norwegian Announces Pricing Of Its $250M Public Offering
Friday, July 17, 2020 - 3:55am | 340Read More...Norwegian Cruise Holdings Ltd (NSYE: NCLH) late Thursday announced the pricing of its $250 million public offering. The company priced about 16.6 million shares at $15 each. Underwriters for the offering can exercise a greenshoe option to purchase up to 2.5 million additional shares. The cruise...
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Norwegian, Carnival, Royal Caribbean Extend Losses As CDC Furthers Cruise Sail Ban
Friday, July 17, 2020 - 2:38am | 352Read More...The shares of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), Carnival Corp. (NYSE: CCL), and Royal Caribbean Cruises Ltd (NYSE: RCL) continued to dip in the after-hours session Thursday, as the Centers For Disease Control and Prevention extended its ban on cruise sailing in the United States....
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Norwegian Plummets 12% As Company Says Cruises Won't Take To The Sea For Another Few Months
Wednesday, June 17, 2020 - 12:48am | 279Read More...The shares of Norwegian Cruise Line Holding Ltd. (NYSE: NCLH) dipped nearly 12.4% in the after-hours session on Tuesday. What Happened The dip followed the Florida-based company's announcement that it is extending the suspension of its cruise voyages to October. Certain voyages in October...
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Another Fundraise, As Self-Driving Startup Waymo's Investment Hits $3B In 2020
Wednesday, May 13, 2020 - 5:57pm | 672Read More...Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), announced Tuesday that it has raised a further $750 million in external investment. This investment is right behind the $2.25 billion financing the company raised in March — its first-ever non-Alphabet investment. ...
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Viking To Suspend All River And Ocean Cruises Till May 1
Thursday, March 12, 2020 - 7:01am | 396Read More...Viking River Cruises has announced they will halt all river and ocean cruises due to the coronavirus pandemic. What Happened Viking released a video of its Chairman Torstein Hagen, saying the cruise ship company would suspend all trips scheduled between March 12 and April 30, 2020. Hagen announced...
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Norwegian Cruise Line's Stock Will Sail Higher, Morgan Stanley Says
Wednesday, February 6, 2019 - 4:35pm | 326Read More...For the first time since 2016, Morgan Stanley says Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) should be bought by investors despite an uncertain cruise environment. The Analyst Morgan Stanley's Thomas Allen upgraded Norwegian Cruise from Equal-Weight to Overweight with a price target...
