STOCK TITAN

Luminar Technologies, Inc. - $LAZR STOCK NEWS

Welcome to our dedicated page for Luminar Technologies news (Ticker: $LAZR), a resource for investors and traders seeking the latest updates and insights on Luminar Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Luminar Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Luminar Technologies's position in the market.

Rhea-AI Summary

Luminar, a global automotive technology company, released its first-quarter 2024 business update and financial results. The information was shared through a Shareholder Letter in an 8-K SEC filing and on its Investor Relations website. A webcast with a live Q&A session will be hosted by the CEO and CFO, with opportunities for both institutional and retail shareholders to submit questions. The company aims to engage with its shareholders transparently.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.79%
Tags
-
Rhea-AI Summary
Luminar achieves start of production for Volvo Cars, marking a significant milestone in the automotive industry. The company unveils its next-generation LiDAR technology platform, Luminar Halo, designed for mass adoption. Swiss Re releases safety results showing a 27% reduction in accidents with Luminar LiDAR. New partnerships with Applied Intuition and TPK aim to accelerate assisted driving capabilities and reduce costs. The press release signifies a major advancement in automotive safety technology and production efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.31%
Tags
none
-
Rhea-AI Summary
Applied Intuition and Luminar have partnered to accelerate the development and adoption of ADAS and AD systems for automakers. The collaboration will provide validated sensor models of Luminar lidars to enable automakers to test and validate perception systems using Applied Intuition's simulation tools, reducing testing costs and accelerating time to market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.31%
Tags
partnership
Rhea-AI Summary
Luminar (LAZR) will report Q1’24 financial results on May 7, 2024, following Luminar Day: A New Era on April 23, 2024, showcasing the start of production for Volvo Cars and its LiDAR platform. The company will release a shareholder letter and host a webcast with a live Q&A session.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
conferences earnings
-
Rhea-AI Summary
Luminar (Nasdaq: LAZR), a leader in automotive technology, announced the hiring of Dr. David Foster as Executive Vice President of Engineering and John Pinette as Senior Vice President of Communications. Dr. Foster, with a rich background from companies like Apple and Amazon, has a track record of launching major products. John Pinette, previously at Meta and Microsoft, brings extensive experience in global communications. Their recruitment aligns with Luminar's transition to production and deployment of LiDAR technology in passenger cars, aiming to enhance vehicle safety and industrialize this technology at scale. CEO Austin Russell emphasized the strategic timing and the expected positive impact on car safety and company growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.72%
Tags
none
-
Rhea-AI Summary
Energy Vault Holdings, Inc. (NYSE: NRGV) appoints Michael Beer as Chief Financial Officer, bringing extensive experience in energy, tech, and transportation sectors. Beer replaces Jan Kees van Gaalen effective April 15, 2024. Beer's background includes roles at FreeWire Technologies, Luminar Technologies, and Citigroup, showcasing his financial expertise and strategic leadership. Beer's appointment aims to bolster Energy Vault's financial operations and investor relations for continued global expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
management
Rhea-AI Summary
Luminar (LAZR) reports strong financial results for Q4 and full year 2023, highlighting key business milestones and upcoming vehicle launch with Volvo Cars.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.8%
Tags
none
-
Rhea-AI Summary
Luminar (LAZR) will host a Luminar Day event on April 23, 2024, virtually spanning from Mexico to Silicon Valley. The event will cover the Start of Production for Volvo Cars, introducing the EX90 as the first global production vehicle with Luminar's technology. Luminar will reveal its next-gen LiDAR platform for consumer vehicles and showcase its product portfolio for commercial success and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
none
-
Rhea-AI Summary
Luminar (Nasdaq: LAZR) has announced it will provide its quarterly business update, including full-year 2023 milestones and financials, on Tuesday, February 27, 2024. The update will cover company-level 2023 milestones across industrialization, business, and technology advancements, as well as fourth quarter and full year 2023 financials and 2024 outlook. A webcast featuring live Q&A with Founder and CEO Austin Russell and CFO Tom Fennimore will take place at 5:00 p.m. EST (2:00 p.m. PST) on the same day. Institutional shareholders can submit questions to be addressed on the call by emailing Investors@luminartech.com, while verified retail shareholders can submit and upvote questions through a dedicated platform. The webcast will be available live on Luminar’s investor site and a replay will be available following the conclusion of the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.35%
Tags
none
Rhea-AI Summary
Luminar (Nasdaq: LAZR) announces expansion of Mercedes-Benz partnership, debut of LiDAR-enabled Automatic Emergency Steering (AES) and Automated Valet software, and expanded automotive partnerships at CES 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
partnership acquisition AI
Luminar Technologies, Inc.

Nasdaq:LAZR

LAZR Rankings

LAZR Stock Data

708.54M
311.62M
9.39%
45.24%
19.46%
Auto Parts
Consumer Cyclical
Link
United States of America
ORLANDO

About LAZR

luminar technologies, inc. is producing advanced sensor technologies for the autonomous vehicle industry. luminar is fueled by a group of relentless optimists and fearless problem solvers who tirelessly design, build and deliver the future of lidar. our vision is to make autonomous vehicles safe and ubiquitous.