Tag Archives: mbly

Cars Braking Themselves Boost Mobileye Q3 Past Views

Sales of advanced car safety systems for automakers surged in supplier Mobileye’s (MBLY) estimate-beating third quarter, sending its stock up Tuesday morning. With many new cars now capable of collision avoidance by keeping a car in-lane, and automatically braking on their own, the auto industry is on its way to self-driving cars. The safety systems use cameras and sensors. Mobileye supplies advanced driver assistance systems (ADAS) — its software

Car Safety Systems Gunning, So Can Mobileye Q3 Beat?

A third-quarter earnings report from Mobileye (MBLY) Tuesday morning should lend insight into how the push toward self-driving cars and advanced car safety is going. Mobileye is a maker of advanced driver assistance systems (ADAS), a connected-car tech maker focused on safety technology. Its software algorithms, system-on-chips and customer applications are based on processing visual information from cameras, to do things like detect lanes and

Tesla Release Of ‘Autopilot’ Drives Mobileye Stock

Tesla (TSLA) on Thursday began downloading the latest version of its operating software for its line of luxury electric vehicles that includes autopilot features. The new Version 7.0 software was unveiled at a press conference at Tesla headquarters late Wednesday. The move gave a boost to Mobileye (MBLY) stock. Mobileye is a leading provider of driver-assistance technology, which is used by Tesla. Mobileye stock rose 2.8% Thursday to 49.86, after