GM’s Bold Software Shift: Replacing Android Auto with AI-Powered Gemini Platform
GM Accelerates Toward AI-Centric Infotainment Strategy General Motors is making a decisive pivot in its vehicle software strategy, confirming the…
Category: Automotive
JLR Cyber Attack Sets Record as UK’s Most Costly Digital Breach, Supply Chain Reels
The Unprecedented Financial Toll of the JLR Cyber Incident Experts at the Cyber Monitoring Centre (CMC) have revealed that the…
QuantumScape’s Earnings Outlook: Historical Data Suggests Potential Volatility for QS Stock
As QuantumScape prepares to report earnings, analysts are examining its history of negative post-earnings returns and significant operating losses. The solid-state battery developer, yet to generate revenue, faces a critical market test with traders employing correlation-based strategies to navigate potential swings.
Earnings Preview for QuantumScape
QuantumScape (NYSE: QS), a company focused on developing solid-state battery technology, is reportedly set to announce its quarterly earnings on Wednesday, October 22, 2025, according to financial reports. The company, which has not yet generated revenue, continues to operate at a significant loss, with sources indicating an operating loss of $-506 million and a net income of $-463 million in its latest financial disclosures. With a market capitalization of $8.6 billion, the upcoming earnings release is being closely watched by investors and analysts.
Luminar Founder Bids to Reacquire Lidar Firm in Potential Board-Backed Deal
Luminar Technologies founder Austin Russell has launched a bid to acquire the lidar company he previously led, in what sources indicate may be a board-encouraged move rather than a hostile takeover. The transportation technology sector also saw significant developments in electric aviation funding and autonomous vehicle partnerships this week.
Luminar Founder Seeks Company Acquisition
In a surprising twist, Austin Russell, the billionaire founder who previously stepped down as CEO of Luminar Technologies, has made a bid to acquire the lidar company, according to reports from TechCrunch. Sources indicate this potential takeover might not be hostile despite initial appearances, with board members reportedly having approached Russell about the idea last month.