Eric Erb
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$Apple (AAPL.US)$ The report last week on Apple targeting the launch of an autonomous vehicle within four years continues to influence trading in the electric vehicle sector and with suppliers of autonomous technology. Some traders are trying to pinpoint which companies would benefit if Apple partners up with a manufacturer, while some analysts are making the case that an EV commitment from Apple could be supportive of the industry as a whole in terms of mass adoption. UBS and Loup Ventures, in particular, think Apple's AI tech is advanced.
$Aeva Technologies (AEVA.US)$, $Luminar Technologies (LAZR.US)$ and $Innoviz Technologies (INVZ.US)$ are all higher in morning trading.
$Canoo (GOEV.US)$, $Lucid Group (LCID.US)$ and $Fisker (FSR.US)$ were also notable gainers on the day.
Meanwhile, $Aurora Innovation (AUR.US)$ and $Ouster (OUST.US)$ are giving back some of the last week's gains.
$Aeva Technologies (AEVA.US)$, $Luminar Technologies (LAZR.US)$ and $Innoviz Technologies (INVZ.US)$ are all higher in morning trading.
$Canoo (GOEV.US)$, $Lucid Group (LCID.US)$ and $Fisker (FSR.US)$ were also notable gainers on the day.
Meanwhile, $Aurora Innovation (AUR.US)$ and $Ouster (OUST.US)$ are giving back some of the last week's gains.
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$Rocket (RKT.US)$ https://seekingalpha.com/news/3606629-housing-starts $RKT July Housing starts +22.6% M/M @jimcramer Rocket Companies is a BUY