CNBC’s ‘Halftime Report Final Trades’ featured several stocks making waves in the market, with Samsara hitting a new high, Aptiv getting an upgrade, iShares India 50 ETF benefitting from declining interest rates, and Constellation Energy striking a major deal with Microsoft.
Hyundai has invested nearly $1 billion in Motional, a self-driving startup, giving the automaker an 85% majority stake. This investment will provide Motional with the capital it needs to continue operating and pursue its goal of launching a driverless robotaxi service in 2024. Motional’s go-to-market strategy involves partnering with existing ride-hail platforms such as Uber and Lyft to give customers rides. The company has been testing its autonomous vehicles with a safety driver behind the wheel in various cities worldwide.
