Earnings Call Summary | SEEING MACHINES LTD(SEEMF.US) Q1 2024 Earnings Conference
The following is a summary of the Seeing Machines Limited (SEEMF) Q1 2024 Earnings Call Transcript:Financial Performance:Seeing Machines reported a major win amounting to U.S.$82 million for cabin mon
Seeing Machines Highlights Strong Cash Position; Says It's on Track to Achieve Revenue Targets
Seeing Machines Unveils Advanced Driver Monitoring System at CES 2024
In a significant advancement for driver safety technology, Canberra-based Seeing Machines showcased its latest aftermarket driver monitoring system (DMS) at Consumer Electronics Show (CES) 2024.
Ambarella upgraded to overweight at Wells Fargo, sees 25% upside
Ambarella (NASDAQ:AMBA) is getting some positive commentary from Wall Street, as Wells Fargo upgraded the stock to overweight, citing the recent pullback in shares. Analyst Gary Mobley raised his ra
Ambarella, Seeing Machines Partner Over Occupant, Driver Monitoring System Solutions
AI vision silicon company Ambarella Inc (NASDAQ:AMBA) collaborated with Seeing Machines Ltd (OTC:SEEMF) to bring integrated Advanced Driver Assistance System (ADAS) and occupant and driver monitoring
Ambarella, Seeing Machines to partner on occupant and driver monitoring solution
Seeing Machines (OTCPK:SEEMF) announced a collaboration with Ambarella (NASDAQ:AMBA) to bring integrated Advanced Driver Assistance System (ADAS) and occupant and driver monitoring system (OMS and DMS
NIO plans to launch electric cars in Germany next year
The CEO of NIO Auto said in an interview with the media that the electric vehicle startup plans to challenge Audi, Mercedes-Benz and BMW in Germany at the latest next year. “We are very interested in Germany,” said Li Bin, co-founder of NIO Auto. “We hope to offer our cars to German customers as soon as possible,” by the fourth quarter of 2022 at the latest. Li Bin said that NIO Auto believes that the German luxury car brand is its main competitor in the short term, but Apple will eventually become a rival. NIO Auto, which is currently valued at 62 billion US dollars (higher than BMW), plans to start delivering electric vehicles in Norway in September, taking a step forward for the company
Oil and gas platforms and refining facilities in the US Gulf region stopped production in preparation for Hurricane Ida
Oil and gas exploration and production companies in the Gulf of Mexico and refineries along the coast of the United States have stopped production one after another to prepare for Hurricane Ida. According to the National Hurricane Center's latest forecast, Hurricane Ida will make landfall near New Orleans early next week. According to the Safety and Environmental Enforcement Administration, as of Friday, 59% of crude oil production capacity (equivalent to about 1.06 million barrels/day) and 49% of natural gas production capacity had been shut down. The refining and chemical production capacity of about 1.25 million b/d at the refining plant along the Mississippi River has been shut down or the operating rate has been reduced. Petroleum companies that have shut down oil and gas production capacity include: British Petroleum, Shell, Norwegian National Petroleum,
Powell: a new wave of Delta strains may put pressure on the labor market again
Powell, chairman of the Federal Reserve, said at a press conference after the interest rate resolution that the Delta strain would have an impact on public health, but that the recent outbreak had less impact on the economy. A new wave of Delta strains could put pressure on the labour market again and is being carefully monitored. Powell said that as long as the COVID-19 epidemic is not over, no one can guarantee safety. The Fed left the target range of the federal funds rate unchanged at 0-0.25% on Wednesday and said the economy was making progress towards meeting the conditions for underweight bond purchases.
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