13.72k followers • 6 symbols Watchlist by Yahoo Finance
This basket consists of stocks expected to benefit from self-driving cars.
Curated by Yahoo Finance
Self-driving cars could be one of the biggest economic game changers in history. Unfortunately, there are no sure things in the stock market. However, there is no shortage of publicly traded companies that have exposure to this emerging business. This watch list includes companies that are well-positioned to capitalise on the advent of the autonomous car.
How did we choose these stocks?Each of these stocks was chosen by the Yahoo Finance editorial staff.
Who made these selections?Yahoo Finance is the most-read business website in the US, garnering roughly 75 million unique visitors every month. The site has extensive coverage of both consumer technology and the business of tech companies.
How are these weighted?The stocks in this watchlist are weighted equally.
Watchlist | Change today | 1-month return | 1-year return | Total return |
---|---|---|---|---|
The autonomous car | -0.44% | - | - | - |
^GSPC | -0.76% | +3.23% | +32.96% | +6152.97% |
Symbol | Company name | Last price | Change | % change | Market time | Volume | Avg vol (3-month) | Market cap |
---|---|---|---|---|---|---|---|---|
GOOG | Alphabet Inc. | 166.9 | +0.55 | +0.33% | 4:00 pm GMT-4 | 14.79M | 17.89M | 2,044.73B |
TSLA | Tesla, Inc. | 219.57 | +0.41 | +0.19% | 4:00 pm GMT-4 | 62.29M | 83.30M | 701.45B |
F | Ford Motor Company | 10.84 | -0.08 | -0.73% | 4:00 pm GMT-4 | 42.57M | 58.76M | 43.09B |
MGA | Magna International Inc. | 41.03 | -0.41 | -0.99% | 4:00 pm GMT-4 | 1.27M | 1.61M | 11.79B |
DLPH | - | - | - | - | - | - | - | - |
Kinetic Automation founder and CEO Nikhil Naikal sits down with Josh Lipton on Asking for a Trend to talk about how the startup leverages artificial intelligence (AI) and robotics to provide repair services to electric vehicles (EVs). "Cars today have transitioned from being predominantly mechanical systems to being digital systems... And when things break, the types of repairs that are needed to bring them back to their originally engineered state of safety requires a lot more thought, precision, and efficiency" than the traditional auto industry is equipped to handle," Naikal says. Naikal explains where the company fits into the larger picture of EV adoption: "There has been a lot of emphasis on charging and charge stations and helping people get around their range anxiety, but there's the other element in a consumer's mind which is who's going to fix this car?" "That's the second piece of it that has been under-addressed and that's really what we're focusing on here at Kinetic. And our hope is this combined with the rest of the infrastructure in the automotive landscape, can help build consumer confidence and confidence in electric cars." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan.
Fintech Qraft Technologies ETFs picks stock with the help of artificial intelligence-enhanced models.
Maker of nuclear reactors could climb as tech companies scramble to power data centers for artificial intelligence.