|Day's range||2.8700 - 2.8700|
Here is your Pro Recap of the biggest insider trades and institutional investor headlines you may have missed this week: news out of Berkshire Hathaway and Occidental, and Elliott and NRG Energy, and top brass buys at Luminar and Skillz. Occidental Petroleum (NYSE:OXY) announced that Berkshire Hathaway (NYSE:BRKb) increased its ownership in the oil company, as InvestingPro reported in real time.
Driving in reverse after the company reported disappointing first-quarter 2023 financial results on May 9, Luminar Technologies (NASDAQ: LAZR) took a U-turn and has been driving higher over the past few days. Simple -- a major insider acquisition of the company's stock has investors eager to park the lidar specialist in their portfolios. As of 3:11 p.m. ET, shares of Luminar have climbed 12.1% since the end of last Friday's trading session, according to data provided by S&P Global Market Intelligence.
Yahoo Finance media reporter Allie Canal breaks down Vice Media filing for Chapter 11 bankruptcy, Luminar Technologies CEO Austin Russell acquiring a majority stake in Forbes, and the changing media industry.
The automotive tech billionaire has agreed to acquire 82% of Forbes, which includes the remaining portion of the company owned by the Forbes family, the joint statement to Reuters said. Russell will not be involved in the day-to-day operations of the company, the statement said, adding that capital for the acquisition is independent of his stake in Luminar.
Luminar Technologies CEO Austin Russell joins Yahoo Finance Live to discuss company earnings, meeting order demand, expansion plans, improving safety, enabling autonomous capabilities, and the outlook for Luminar Technologies.
Luminar Technologies, Inc. (LAZR) delivered earnings and revenue surprises of 0% and 9.67%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ORLANDO, Fla., May 09, 2023--Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, provided its quarterly business update and financial results for the first quarter of 2023. The company is on track to meet or beat all of its company-level execution milestones and financial guidance for the year.
In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $5.95, marking a +1.54% move from the previous day.
The Zacks Consensus Estimate for Luminar's (LAZR) first-quarter earnings and revenues is pegged at a loss of 24 cents and $13.23 million, respectively.
Luminar Technologies, Inc. (LAZR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Luminar Technologies, Inc. (LAZR) closed at $5.61 in the latest trading session, marking a -1.58% move from the prior day.
SHANGHAI, April 17, 2023--Today at the Shanghai Auto Show, Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a partnership with TPK, a multi-billion dollar supplier to companies like Apple and Tesla, to build and operate an additional high-volume factory driven by rapidly growing demand for Luminar in Asia. This follows Luminar’s April 13 announcement regarding the successful bring-up of a new high-volume factory in Mexico. Luminar has now established a global man
ORLANDO, Fla., April 13, 2023--Today Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced the successful build-out and bring-up of a new highly automated, high-volume manufacturing facility in Monterrey, Mexico. The first Luminar Iris sensors out of this new dedicated facility are beginning to ship to Luminar’s lead global high-volume series production customer in preparation for start of production by end of this year to support vehicle launches. Luminar is continui
Stocks including BLBD, CARG, QS and LAZR register more than 30% gains on the bourses in Q1, outperforming the sector's growth of 27%. Should you cash out of these stocks or stay invested?
ORLANDO, Fla., March 23, 2023--Luminar (Nasdaq: LAZR), a leading global automotive technology company, today announced it will provide its quarterly business update and report financials for the first quarter of 2023 following the close of the market on Tuesday, May 9, 2023.
An analyst's downgrade has left some traders less willing to keep this lidar company parked in their portfolios.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss Goldman Sachs’ Sell rating on Luminar stock.
Goldman Sachs downgraded Luminar Technologies (NASDAQ:LAZR) to Sell from Neutral with a price target of $5.00, reflecting margin risk and a premium valuation. The firm continues to see Luminar as one of a handful of leaders in the very competitive lidar industry, as evidenced by design wins with several companies in the ADAS/AV ecosystem. Mizuho Securities downgraded Invitation Homes (NYSE:INVH) to Neutral from Buy and cut its price target to $32.00 from $33.00.
By Peter Nurse
In the latest trading session, Luminar Technologies, Inc. (LAZR) closed at $8.48, marking a -1.17% move from the previous day.
Luminar CEO Austin Russell joins Yahoo Finance Live to discuss company earnings, leading in the automotive space, entering the car insurance business, and the outlook for Luminar.
ORLANDO, Fla., February 28, 2023--Luminar (NASDAQ: LAZR), a leading global automotive technology company, announced at Luminar Day its quarterly business update and financial results for the fourth quarter and full year of 2022, ended December 31, 2022. The company is also providing insight into its long-term forecast and guidance, which is being webcast live at www.luminartech.com/day.
ORLANDO, Fla., February 28, 2023--Today Luminar (NASDAQ: LAZR), a leading global automotive technology company, is hosting Luminar Day at its headquarters and via live webcast at www.luminartech.com/day. The company is announcing a flurry of news, which includes the reveal of its new Iris+ sensor and associated software, which Mercedes-Benz is integrating into its next generation vehicle lineup. Luminar is also unveiling its product roadmap, several new exclusive commercial agreements, the acqui
ORLANDO, Fla., February 28, 2023--Luminar (Nasdaq: LAZR), a leading global automotive technology company, and Swiss Re, one of the world’s leading providers of reinsurance, today announced a new exclusive partnership. The first step of the joint initiative is to analyze and quantify the on-road performance and safety improvements of consumer and commercial vehicles equipped with Luminar’s lidar and proactive safety technologies, for both the industry and Luminar’s new insurance program it plans
The Zacks Consensus Estimate for Luminar's (LAZR) Q4 loss per share and revenues is pegged at 22 cents and $12.9 million, respectively.