Driverless vehicle growth in terms of technology and scale is accelerating rapidly in the U.S. and around the world, and businesses leading this charge are poised to expand just as rapidly. The evolution of driverless vehicles marks a massive transformation in the transportation industry and could present investors a once-in-a-generation opportunity to profit. But choosing the right business is a ...
Driverless vehicle growth in terms of technology and scale is accelerating rapidly in the U.S. and around the world, and businesses leading this charge are poised to expand just as rapidly. The evolution of driverless vehicles marks a massive transformation in the transportation industry and could present investors a once-in-a-generation opportunity to profit. But choosing the right business is a challenge. Here are three stocks well positioned to thrive with the rise of autonomous vehicles. Autonomous trucking is arguably one of the most intriguing angles in the driverless arena, and Aurora Innovation (NASDAQ: AUR) is a pioneer. Being a carrier in the industry is a game of margins. With autonomous trucks able to work around the clock, it's a key driver of business growth. For long-term investors, there's reason to be excited about the company's recent steps forward. Aurora Innovation first deployed driverless trucks in April of last year. It then released its first software update that validated driverless operations between Dallas and Houston, a second update that validated operations at night, and a third that validated El Paso. Now with the fourth software update, Aurora expects to give Aurora Driver the capabilities to autonomously navigate the southern United States. Continue reading
Rebecca Homkes, lecturer at the London Business School and faculty at Duke Corporate Executive Education, discussed the uncertainty and volatility in the economic landscape as war with Iran drags on. She said that for executives, the straightforward playbook for dealing with a downturn is easier than making decisions within uncertainty of not knowing what kind of economic fallout to expect from a ...
Rebecca Homkes, lecturer at the London Business School and faculty at Duke Corporate Executive Education, discussed the uncertainty and volatility in the economic landscape as war with Iran drags on. She said that for executives, the straightforward playbook for dealing with a downturn is easier than making decisions within uncertainty of not knowing what kind of economic fallout to expect from a war that could end next week or next month. (Source: Bloomberg)