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Plexo

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- PlexoPlexo
  ·2021-07-15
  [What]
  Sorry, this post has been deleted
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- PlexoPlexo
  ·2021-07-15
  Nice
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- PlexoPlexo
  ·2021-07-15
  Hmm
  Fed's Powell rapped on inflation, regulations in Senate hearing
  WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell faced sharp questions about inflation
  Fed's Powell rapped on inflation, regulations in Senate hearing
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- PlexoPlexo
  ·2021-07-15
  [Smile]
  Self-Driving Car Startup With Tesla, Google Roots To Go Public
  Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y.
  Self-Driving Car Startup With Tesla, Google Roots To Go Public
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23:18","market":"us","language":"en","title":"Fed's Powell rapped on inflation, regulations in Senate hearing","url":"https://stock-news.laohu8.com/highlight/detail?id=1198426679","media":"Reuters","summary":"WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell faced sharp questions about inflation","content":"<p>WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell faced sharp questions about inflation and banking regulation in a hearing before the Senate Banking Committee on Thursday, issues likely to be at the forefront in his possible renomination to the top Fed post.</p>\n<p>Powell delivered the same pledge of “powerful support” to complete the U.S. economic recovery as he did on Wednesday before the House Financial Services Committee, an indication he sees no need to rush the withdrawal of support from the economy because of a recent jump in inflation.</p>\n<p>Republicans on the panel, however, picked up where their House colleagues left off, challenging Powell on whether the sharp acceleration in inflation will, as the Fed expects, prove temporary or not.</p>\n<p>“The Fed’s current paradigm almost guarantees the Fed will be behind the curve,” in keeping inflation anchored at the central bank’s 2% average target, said Pennsylvania Republican Pat Toomey. The central bank’s ongoing bond purchases, particularly of mortgage-backed securities, “is puzzling,” he added, at a time when house prices are rocketing higher.</p>\n<p>The panel’s Democratic chair, Sherrod Brown of Ohio, in his opening statement and in questions to Powell argued the central bank had weakened the regulation of big banks, allowing them to boost dividends and stock buybacks.</p>\n<p>“The Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock,” Brown said.</p>\n<p>Powell pushed back, saying that the Fed was closely watching the path of inflation but considers it “unique in history,” an offshoot of the pandemic reopening and not likely to persist. The level of capital banks are currently required to set aside, unavailable for dividend or other payments, is “about right,” he said.</p>\n<p>Those issues - Powell’s oversight of a possibly overheating economy, and his supervision of Wall Street - will be core to the Biden administration’s decision of whether to renominate him to a second 4-year term when his current one expires early next year.</p>\n<p>The Senate Banking Committee would be the first stop in his confirmation.</p>\n<p>Powell has made a point of building relationships on Capitol Hill - and particularly with the banking panel, which provides direct oversight in the form of twice-yearly monetary policy hearings.</p>\n<p>A Reuters analysis of Powell’s meeting calendar shows that in his 3-1/2 years as Fed chair he has met personally with every current member of the banking committee, splitting the meetings evenly between Democrats and Republicans. He has spent eight hours just with Brown.</p>\n<p>That may have paid off in some good will.</p>\n<p>Republican Senator John Kennedy of Louisiana thanked Powell for keeping the economy “in the middle of the road” through the pandemic, even if it was sometimes done with “spit and happy thoughts.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Powell rapped on inflation, regulations in Senate hearing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed's Powell rapped on inflation, regulations in Senate hearing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 23:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-fed/update-1-feds-powell-rapped-on-inflation-regulations-in-senate-hearing-idUSL1N2OR1BY><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell faced sharp questions about inflation and banking regulation in a hearing before the Senate Banking Committee on Thursday, issues likely ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-fed/update-1-feds-powell-rapped-on-inflation-regulations-in-senate-hearing-idUSL1N2OR1BY\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.reuters.com/article/usa-fed/update-1-feds-powell-rapped-on-inflation-regulations-in-senate-hearing-idUSL1N2OR1BY","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198426679","content_text":"WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell faced sharp questions about inflation and banking regulation in a hearing before the Senate Banking Committee on Thursday, issues likely to be at the forefront in his possible renomination to the top Fed post.\nPowell delivered the same pledge of “powerful support” to complete the U.S. economic recovery as he did on Wednesday before the House Financial Services Committee, an indication he sees no need to rush the withdrawal of support from the economy because of a recent jump in inflation.\nRepublicans on the panel, however, picked up where their House colleagues left off, challenging Powell on whether the sharp acceleration in inflation will, as the Fed expects, prove temporary or not.\n“The Fed’s current paradigm almost guarantees the Fed will be behind the curve,” in keeping inflation anchored at the central bank’s 2% average target, said Pennsylvania Republican Pat Toomey. The central bank’s ongoing bond purchases, particularly of mortgage-backed securities, “is puzzling,” he added, at a time when house prices are rocketing higher.\nThe panel’s Democratic chair, Sherrod Brown of Ohio, in his opening statement and in questions to Powell argued the central bank had weakened the regulation of big banks, allowing them to boost dividends and stock buybacks.\n“The Fed has rolled back important safeguards making it easier for the banks to pump up the price of their stock,” Brown said.\nPowell pushed back, saying that the Fed was closely watching the path of inflation but considers it “unique in history,” an offshoot of the pandemic reopening and not likely to persist. The level of capital banks are currently required to set aside, unavailable for dividend or other payments, is “about right,” he said.\nThose issues - Powell’s oversight of a possibly overheating economy, and his supervision of Wall Street - will be core to the Biden administration’s decision of whether to renominate him to a second 4-year term when his current one expires early next year.\nThe Senate Banking Committee would be the first stop in his confirmation.\nPowell has made a point of building relationships on Capitol Hill - and particularly with the banking panel, which provides direct oversight in the form of twice-yearly monetary policy hearings.\nA Reuters analysis of Powell’s meeting calendar shows that in his 3-1/2 years as Fed chair he has met personally with every current member of the banking committee, splitting the meetings evenly between Democrats and Republicans. He has spent eight hours just with Brown.\nThat may have paid off in some good will.\nRepublican Senator John Kennedy of Louisiana thanked Powell for keeping the economy “in the middle of the road” through the pandemic, even if it was sometimes done with “spit and happy thoughts.”","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147580577,"gmtCreate":1626363864299,"gmtModify":1703758816402,"author":{"id":"3576814038550838","authorId":"3576814038550838","name":"Plexo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576814038550838","idStr":"3576814038550838"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147580577","repostId":"2151527083","repostType":4,"repost":{"id":"2151527083","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1626362102,"share":"https://ttm.financial/m/news/2151527083?lang=&edition=fundamental","pubTime":"2021-07-15 23:15","market":"us","language":"en","title":"Self-Driving Car Startup With Tesla, Google Roots To Go Public","url":"https://stock-news.laohu8.com/highlight/detail?id=2151527083","media":"Investors","summary":"Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y.","content":"<p>Self-driving car startup Aurora will go public by merging with special purpose acquisition company <b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a></b> after rival Waymo scored a big funding round.</p>\n<p>The proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.</p>\n<p>Volvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.</p>\n<p>In a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.</p>\n<p>The Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.</p>\n<p>Google's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.</p>\n<p>However, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.</p>\n<h2>Self-Driving Car Stocks</h2>\n<p>Shares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Self-Driving Car Startup With Tesla, Google Roots To Go Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSelf-Driving Car Startup With Tesla, Google Roots To Go Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-07-15 23:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Self-driving car startup Aurora will go public by merging with special purpose acquisition company <b><a href=\"https://laohu8.com/S/RTPY\">Reinvent Technology Partners Y</a></b> after rival Waymo scored a big funding round.</p>\n<p>The proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.</p>\n<h2>$1 Billion Private Investment In Self-Driving Car Startup</h2>\n<p>Additionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major <b>Tesla</b> shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.</p>\n<p>Aurora was founded in 2017 by former <b>Alphabet</b> Google and <b>Uber</b> veterans. A third co-founder,&nbsp;Sterling Anderson, led Tesla's AutoPilot team.</p>\n<p>Meanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.</p>\n<p>Volvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.</p>\n<p>In a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.</p>\n<p>The Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.</p>\n<p>Google's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.</p>\n<p>However, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.</p>\n<h2>Self-Driving Car Stocks</h2>\n<p>Shares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, <b>Velodyne Lidar</b> lost 1.3%, <b>Luminar Technologies</b> rose 1.4%, and <b>Ouster</b> added 0.5%.</p>\n<p>\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.</p>\n<p>Urmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.</p>\n<p>Another co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","TSLA":"特斯拉","09086":"华夏纳指-U","GOOGL":"谷歌A","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151527083","content_text":"Self-driving car startup Aurora will go public by merging with special purpose acquisition company Reinvent Technology Partners Y after rival Waymo scored a big funding round.\nThe proposed transaction values Aurora at $11 billion. It will provide the startup with $2.5 billion in cash to fund growth. It should close in the second half of 2021. Then the company will take the name Aurora Innovation and trade under the symbol AUR.\n$1 Billion Private Investment In Self-Driving Car Startup\nAdditionally, it includes a private investment in private equity of $1 billion. Investors and partners in the PIPE include major Tesla shareholder Baillie Gifford. Also Uber, Volvo, Paccar, Fidelity and T. Rowe Price.\nAurora was founded in 2017 by former Alphabet Google and Uber veterans. A third co-founder, Sterling Anderson, led Tesla's AutoPilot team.\nMeanwhile, Aurora expects to launch its first autonomous product for self-driving trucks in late 2023. Eventually it expects to expand into the last-mile delivery and ride-hailing markets.\nVolvo and Paccar dominate the market for Class 8 trucks, which include tractor-trailers.\nIn a new release Thursday, Aurora described the merger agreement as a major step toward commercializing self-driving vehicles.\nThe Aurora Driver is expected to be a Level 4 system powering a range of vehicles from sedans to Class 8 trucks. It includes long-range lidar sensors that help the driverless vehicle \"see\" and track objects on the road even in poor light or weather.\nGoogle's Waymo Driver also offers Level 4 autonomy, meaning fully automated driving under highly complex urban road conditions, though a driver can take control if needed. On June 16, Waymo announced a $2.5 billion investment round, to advance its autonomous driving technology and grow its team.\nHowever, Waymo, seen as the leader in developing self-driving technology, has come under criticism for moving slower than expected on commercializing its technology. Aurora's seen as a credible challenger to Waymo.\nSelf-Driving Car Stocks\nShares of Reinvent, soon to be Aurora stock, gained 1.3% in Thursday's stock market trading. Google stock dipped 0.9%. Among lidar stocks, Velodyne Lidar lost 1.3%, Luminar Technologies rose 1.4%, and Ouster added 0.5%.\n\"By combining with Reinvent and with this incredible group of investors, we are even closer to deploying self-driving vehicles and delivering the benefits this technology offers the world,\" Chris Urmson, co-founder and CEO of Aurora, said in Thursday's news release.\nUrmson exited from Google after being passed over to become CEO of the offshoot that became Waymo. He recently dismissed Tesla's claims that its vehicles can soon operate as driverless taxis.\nAnother co-founder, Drew Bagnell, helped to lead Uber's self-driving project. In late 2020, Uber sold that project to Aurora.","news_type":1,"symbols_score_info":{"GOOGL":0.9,"TSLA":0.9,"09086":0.9,"QNETCN":0.9,"GOOG":0.9,"03086":0.9}},"isVote":1,"tweetType":1,"viewCount":1276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}