Serve Robotics Inc. - Common Stock (SERV)

Two robotics companies—each with analyst approval—present different levels of risk in a fast-growing and much-hyped industry.

Shares of Serve Robotics Inc (NASDAQ: SERV) soared 21.1% to $11.63 on Thursday afternoon following a bullish analyst report from Cantor Fitzgerald.

SoundHound AI, Serve Robotics, and Plug Power could shake off the short-sellers soon.

Serve Robotics reports first-quarter revenue of $440,460, missing analyst estimates of $486,670, according to Benzinga Pro.

Kodiak Robotics will go public through a merger with Ares Acquisition Corp. II, fetching a $2.5B pre-money valuation

Serve Robotics and Uber shares down premarket after announcing launch of autonomous delivery service in Dallas-Fort Worth in partnership with Uber Eats.

Is this a 10x stock in the making or another flop in new hardware from Silicon Valley?

All three major indices were red in Friday’s midday trading, with the S&P 500 and Nasdaq 100 down 1% and 1.24%, respectively, and on track for their worst weeks since September 2024.

Serve Robotics shares dip following a revenue miss for Q4, despite a 67% increase in robots performing deliveries. The company posted a larger-than-expected operating loss of $13.6 million.

The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.