Tag Archives: upstart

Robot Delivery Upstart Nuro’s New $600 Million Round Draws An Unexpected Backer: Google

Nuro’s R2 delivery vehicles haul only groceries, packages and food, rather than people. Nuro Nuro, a developer of autonomous driving technology backed by two former Google engineers, hauled in an additional $600 million to speed up efforts to commercialize its robotic delivery services from past investors including SoftBank and Toyota’s Woven Capital and a surprising new one: Google. The Series D round was led by Tiger Global Management and includes funds from Baillie… Source link

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Is this upstart retailer the next great investment in coffee?

Wall Street has come out with a highly caffeinated outlook for newly minted public company Dutch Bros.  Shares of the upstart coffee retailer exploded nearly 13% to $48 on Monday — making the stock a top trending ticker on Yahoo Finance before midday — after investment banks initiated mostly coverage on the company after its successful late September IPO.  Five analysts initiated coverage with ratings equivalent to Buys, despite shares being up more than 85% since the Dutch Bros’s Sept…. Source link

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What is Wall Street Bets, the upstart Reddit group that is pummeling Wall Street?

The chatter about video game retailer GameStop (GME) and traders on Reddit has been bubbling over the past week and finally spilled over from the finance world to the mainstream. Here’s what’s happening: What or who is ‘WallStreetBets’? WallStreetBets is actually “r/wallstreetbets” and it’s a forum or “subreddit” on the popular website Reddit, which is a social platform and discussion group that also rates web content. Essentially, it’s a group of people who enjoy talking… Source link

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