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International Criminal Court Issues Arrest Warrants For Israeli Prime Minister
Netanyahu, Gallant For War Crimes
Visit
https://www.benzinga.com/24/11/42112078/international-criminal-court-issues-arrest-warrants-for-netanyahu-gallant
International Criminal Court Issues Arrest Warrants For Israeli Prime Minister
Netanyahu, Gallant For War Crimes


UBER COULD PICK UP $10M STAKE IN CHINESE AUTONOMOUS DRIVING FIRM PONY AI'S US
IPO: REPORT

by Anan Ashraf, Benzinga Editor



November 21, 2024 6:46 AM | 1 min read | 1 Comment



Uber Technologies Inc

UBER+0.99%
Get Free Report
reportedly plans to invest in autonomous driving firm Pony AI‘s initial public
offering in the U.S.

What Happened: Uber is looking to buy over $10 million of shares in the IPO,
Bloomberg reported, citing people familiar with the matter. However, the
investment size has not been finalized and talks are ongoing, the report added.

Uber may also consider a partnership with Pony AI for its self-driving
technology outside the U.S., one of the sources told Bloomberg.

Though Pony AI’s IPO was initially expected to be priced on Thursday, it is now
expected to be priced next week to give the company time to address questions
from regulators. The company will issue 20 million American depository shares
raising as much as $260 million, according to a regulatory filing.

Why It Matters: Pony AI was founded in late 2016 by James Peng and Tiancheng
Lou. It operates self-driving fleets in the U.S. and China and has driven nearly
40 million autonomous testing and operation kilometers on open roads worldwide.

Uber, meanwhile, has partnerships with other autonomous vehicle companies
including Alphabet Inc.’s Waymo and UK’s Wayve.

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read Next:

 * BYD Makes A Million NEVs In Less Than 2 Months After Beating Tesla For The
   First Time Since 2022 In Quarterly Revenue

Photo courtesy: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights
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ARE TRUST DEEDS A MORE SECURE ALTERNATIVE TO REAL ESTATE SYNDICATES?

by James Blacker


November 15, 2024 8:03 AM | 3 min read | Make a Comment

Partner Disclosure

For investors seeking a more secure and reliable alternative to real estate
syndication, trust deeds may potentially offer a flexible and low-risk
investment with the promise of high returns, but without the hassle of property
management. A trust deed is an agreement between a borrower and a lender to have
a private loan secured by real estate. Trust deed investors act as the bank,
earning passive income through interest rate payments. This type of investment
is facilitated by a mortgage broker and loan servicing agent, such as Ignite
Funding
Read More



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US STOCKS POISED FOR TENTATIVE START AS GEOPOLITICAL TENSIONS, NVIDIA EARNINGS
KEEP INVESTORS CAUTIOUS: TECH BULL EXPECTS AI BELLWETHER TO DELIVER 'DROP THE
MIC PERFORMANCE'

by Rounak Jain, Benzinga Editor


November 20, 2024 7:09 AM | 5 min read | Make a Comment


U.S. stocks could open on a tentative note on Wednesday amid simmering
geopolitical tensions. Futures of all three major indices were marginally up as
investors weighed escalating tensions between Russia and Ukraine, and earnings
from AI bellwether Nvidia Corp. NVDA. U.S. equity markets have had a mixed week
so far, with the Dow Jones facing pressure even as the S&P 500 and Nasdaq
witnessed sideway movements In premarket trading on Wednesday, the SPDR S&P 500
ETF Trust SPY rose 0.13% to $591.05 and the Invesco QQQ ETF QQQ gained 0.10% to
$503.96, according to Benzinga Pro dat Cues From Last Session Crude oil prices
continued to gain as Russia-Ukraine tensions escalated
Read More



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APPLE TO ARGUE FOR DISMISSAL OF DOJ ANTITRUST CASE OVER ALLEGED US SMARTPHONE
MARKET DOMINATION

by Benzinga Neuro, Benzinga Staff Writer


November 20, 2024 7:57 AM | 2 min read | 1 Comment


Apple Inc. AAPL is preparing to urge a federal judge to dismiss the U.S.
Department of Justice’s case accusing the company of unlawfully monopolizing the
smartphone market. What Happened: The case is a significant part of the ongoing
antitrust battle against Big Tech companies. The hearing, scheduled for
Wednesday, will be presided over by U.S. District Judge Julien Neals in Newark,
New Jersey, Reuters reported on Wednesday Prosecutors allege that Apple stifles
competition by limiting interoperability between the iPhone and third-party apps
and devices. Apple, in its defense, asserts that its restrictions on developers’
access to its technology are reasonable and necessary for innovation See
Also: Sean Parker’s Net Worth Touches $3B: From Launching Napster To Becoming
Facebook Billionaire, The Story Of Teenage Hacker Turned EntrepreneurWhy It
Matters: The lawsuit against Apple, filed in March by the DOJ and a coalition
of states, targets restrictions and fees on app developers, and technical
barriers to third-party devices and services that compete with Apple’s own. The
case will proceed if the judge finds the claims plausible
Read More



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