WeRide Inc.Mentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.
Zacks Equity Research has highlighted Amphenol as its Bull of the Day and Pilgrim's Pride as its Bear of the Day. Amphenol, a Zacks Rank #1 Strong Buy, reported record second-quarter adjusted earnings of $1.35 per share, up 66.7% year over year and beating the consensus estimate of $1.19, with revenues surging 55% to a record $8.76 billion. The company raised its full-year expectations for the acquired CommScope connectivity and cable business to $4.6 billion in sales and 30 cents of adjusted EPS accretion, up from prior guidance of $4.1 billion and 15 cents. Pilgrim's Pride, a Zacks Rank #5 Strong Sell, posted adjusted earnings of 64 cents per share, missing the consensus estimate of 75 cents and collapsing 62.4% from $1.70 a year ago, as net sales fell 2.8% to $4.63 billion and gross profit dropped 52.5% to $339.8 million. Zacks also provided analysis on Uber Technologies, WeRide, and Amazon, noting that Uber and Wayve received Private Hire Vehicle licenses from Transport for London for several self-driving Ford Mustang Mach-E vehicles, moving them closer to launching autonomous rides in London.
WeRide Inc.Mentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.
Uber Technologies IncMentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.
Amphenol CorporationRecord Q2 earnings beat and raised full-year guidance for CommScope acquisition.
Pilgrims Pride CorpQ2 earnings miss and significant year-over-year decline in profits and sales.
Amazon.com Inc
Ford Motor CompanyMentioned as receiving London PHL licenses for autonomous vehicles, but impact unclear.