Seeing Machines Ltd has secured a $5 million contract with a European carmaker to supply driver and occupant monitoring systems, following new EU safety regulations requiring such technology in new vehicles. Production is set to begin in 2028, with the system integrated into rear-view mirrors for easier deployment across multiple vehicle models, including electric cars. This contract highlights the shift from early adoption to widespread use of in-cabin camera sensing, driven by regulatory mandates. Seeing Machines aims to leverage this demand to move towards profitability after years of investment in automotive technology.
Benchmark has reiterated its Buy rating for Coinbase, highlighting the company's expansion of its "Everything Exchange" platform, which aims to integrate various trading activities into one system. Coinbase is also pursuing international growth, nota...
GE Vernova reported Q2 2026 earnings with an EPS of $2.47, missing the consensus estimate of $3.17, while revenue rose 22% year-over-year to $11.10 billion, beating expectations. Despite strong top-line growth and an upgraded full-year outlook, share...
Packaging Corporation of America is set to release its Q2 2026 earnings on July 22, with analysts expecting revenue of $2.40 billion, a 10.7% increase from last year, driven by higher packaging volume and pricing. However, earnings per share are fore...
The global automotive pumps market is projected to grow from $31.11 billion in 2026 to $34.15 billion by 2035, at a CAGR of 1.0%. Growth is driven by increased pump content in passenger cars, especially for engine and HVAC systems, as OEMs adopt adva...
Celldex Therapeutics lowered its price target from $67 to $61 after stopping its Phase 2 trial for barzolvolimab, a drug for prurigo nodularis, because it failed to meet primary efficacy goals. Despite this setback, the drug showed a strong safety pr...
