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Top related persons:
Waymo - 1 Uber - 1 Moove - 1 Andreessen Horowitz - 1 Perry - 1 Rowe Price - 1 Tesla - 1 Elon Musk - 1
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Sunshine State - 1 Phoenix - 1 U.S - 1 Google - 1 Fidelity - 1 Tiger Global - 1 GM - 1 Cruise - 1

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3 mentions found


☆ Waymo to expand to Miami, aims to launch robotaxi service there in 2026
  + stars: | 2024-12-05 | by ( Jennifer Elias Lora Kolodny | Jennifer Elias | Lora Kolodny | ) www.cnbc.com   time to read: +4 min
Waymo said it will first begin cruising through the Florida city with human safety drivers in 2025 before opening doors to riders for its robotaxi service through its Waymo One app in 2026. Waymo closed a $5.6 billion funding round in October to expand its robotaxi service across the U.S. The robotaxi company said it now sees more than 150,000 paid rides per week via the Waymo One app across San Francisco, Phoenix and Los Angeles. Waymo is the only autonomous vehicle developer that currently operates a commercial robotaxi service in several major metro areas across the U.S., but competitors are looming. In an October earnings call, Tesla CEO Elon Musk said the company will launch a self-driving ride-hailing service in California and Texas as early as 2025.
Persons: Waymo, Uber, Moove, Andreessen Horowitz, Perry, Rowe Price, Tesla, Elon Musk Organizations: Sunshine State, Phoenix, U.S, Google, Fidelity, Tiger Global, GM, Cruise Locations: Miami, Florida, U.S, Los Angeles, Los Angeles County, Phoenix, San Francisco, Austin, Atlanta, Silver, California, Texas
☆ Two major deals coming soon may help jumpstart the IPO market
  + stars: | 2024-09-27 | by ( Bob Pisani | ) www.cnbc.com   time to read: +2 min
The company is seeking to sell 60 million shares at a price range of $20 to $23 per share. StandardAero previously filed to offer 46.5 million shares at the same $20 to $23 per share range. StandardAero will be a large IPO, likely raising about $1.3 billion at the midpoint. The IPO raise has been sub-par for three years running. IPO watchers note childcare provider KinderCare and digital health marketplace company Solera both could raise $500 million or more.
Persons: Safran, StandardAero, Carlyle, IPOs, StubHub Organizations: Dow Jones, Cerebras, StandardAero, New York Stock Exchange, GE Aerospace, Pratt & Whitney, Royce, Honeywell, Amer Sports, Ingram, Dunkin, Brands, Inspire Brands Locations: U.S
☆ Brazil's Cosan swings to loss on higher debt costs
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: +2 min
The conglomerate, which controls companies in sectors ranging from sugarcane to logistics, lost 202 million reais ($37.70 million) in the July to September period, compared with a 3.26 billion reais profit during the same months last year. During the quarter, Cosan reported cost of debt of 679.3 million reais, a more than 90% spike year-on-year, as Brazil's interest rate peaked at 13.75%, in addition to the issuance of roughly 8 billion reais in commercial notes. Weak figures from Raizen, a joint venture with Shell (SHEL.L) that produces ethanol and sugar, also dented Cosan's bottom line, reflecting consistent price declines for its products. The figure slightly exceeded analyst estimations polled by Refinitiv of 4.08 billion reais. ($1 = 5.3579 reais)Reporting by Peter Frontini; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.
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