Aurora Innovation (AUR) Stock

PITTSBURGH--(BUSINESS WIRE)--Aurora Innovation, Inc. (NASDAQ: AUR) has announced that it will share its fourth quarter 2024 results after the market closes on February 12, 2025. The company will also hold a business review conference call that same day at 5:00 p.m. Eastern time, which can be accessed via a webcast on Aurora's investor relations website. A recording of the webcast will be available for 30 days after the call.

Aurora Innovation is shifting its focus to self-driving trucks using a Delivery as a Service (DaaS) model, which aims to take advantage of the shortage of truck drivers while also reducing costs and increasing profits. By partnering with companies like Nvidia, Continental, and Volvo, Aurora strengthens its technology and creates a competitive edge, allowing for quick growth and market leadership. Starting in April 2025, Aurora will roll out its services in stages, prioritizing safety and eco-friendliness, with goals to enhance energy efficiency by as much as 32%.

On January 7, the stock price of Aurora Innovation (NASDAQ: AUR), a company focused on self-driving vehicle technology, rose by almost 30% after they revealed a partnership with Nvidia and Continental to expand the use of driverless trucks. The Aurora Driver, which is an SAE L4 autonomous driving system, will be built on Nvidia's DRIVE Thor SoC and DriveOS, with plans for Continental to produce it on a large scale by 2027.

Aurora Innovation (AUR) is making significant progress in the self-driving industry. The company, which focuses on driverless trucks, has formed a long-term partnership with Nvidia (NVDA) and Continental to expand its reach over the next ten years.

On Tuesday morning, shares of Aurora Innovation (AUR) rose by over 35% after the company revealed a partnership with tech leader Nvidia (NVDA) and manufacturer Continental to create self-driving trucks. This announcement was made on Monday.

On Tuesday morning, shares of the autonomous trucking company Aurora Innovation (AUR 28.94%) saw a significant increase after the announcement of a big partnership with Nvidia and Continental to create thousands of self-driving trucks.

Dara Khosrowshahi is stepping down from the board of Aurora Innovation, a company that develops autonomous vehicle technology. He mentioned that he wants to concentrate on his role as CEO of Uber and lessen his commitments to other boards. This information was shared in a regulatory filing on Friday.

Andres Sheppard, an analyst at Cantor Fitzgerald, has started following Aurora Innovation Inc (AUR) and has given it an Overweight rating. He also predicts that the stock price will reach $10.

Tesla (TSLA) ended the trading day on a high note, as the Trump administration is said to be thinking about slowing down regulations for full self-driving cars. Meanwhile, a lesser-known company, Aurora Innovation (AUR), is also gaining attention due to this news.