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Technology Stocks : Driverless autos, trucks, taxis etc.
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From: Sam11/22/2021 2:08:05 PM
   of 567
 
Apple autonomous car developments are still looming large in the electric vehicle sector

Nov. 22, 2021 10:27 AM ET Canoo Inc. (GOEV), INVZ, LAZR, AEVA LCID, FSR, AUR, OUST By: Clark Schultz, SA News Editor 11 Comments

    • The report last week on Apple targeting the launch of an autonomous vehicle within four years continues to influence trading in the electric vehicle sector and with suppliers of autonomous technology. Some traders are trying to pinpoint which companies would benefit if Apple partners up with a manufacturer, while some analysts are making the case that an EV commitment from Apple could be supportive of the industry as a whole in terms of mass adoption. UBS and Loup Ventures, in particular, think Apple's AI tech is advanced.
    • Aeva Technologies ( AEVA +13.1%), Luminar Technologies ( LAZR +4.3%) and Innoviz Technologies Ltd. ( INVZ +8.1%) are all higher in morning trading.
    • Canoo ( GOEV +11.8%), Lucid Group ( LCID +2.1%) and Fisker ( FSR +4.9%) were also notable gainers on the day.
    • Meanwhile, Aurora Innovation ( AUR -12.2%) and Ouster ( OUST -1.4%) are giving back some of the last week's gains.

  • Read: Apple accelerates plans for a fully autonomous car with chip breakthrough


    • seekingalpha.com
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