Previous close | 48.40 |
Open | 48.40 |
Bid | 50.60 |
Ask | 51.15 |
Strike | 20.00 |
Expiry date | 2024-07-19 |
Day's range | 48.40 - 48.40 |
Contract range | N/A |
Volume | |
Open interest | 98 |
Self-driving technology company Motional said on Tuesday it will pause robotaxi deployments with ride-hailing firms Uber Technologies and Lyft, while it lays off staff as part of its restructuring process to focus on technology development. The development comes ahead of electric carmaker Tesla's unveiling of its robotaxi, dubbed "Cybercab", on Aug. 8 and as legacy automakers limit spending on expensive autonomous driving technology in the face of regulatory and safety hurdles. Motional said it has completed more than 100,000 autonomous rides in Las Vegas and food deliveries in Los Angeles.
Shares of Maplebear rose on news that its Instacart grocery-delivery app will let customers order from restaurants served by Uber Eats.
Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.