WeRide (NASDAQ:WRD) 주식

WeRide

Weingarten Realty Investors

NYSE

WeRide Inc operates in the autonomous driving industry. The company has developed a universal autonomous driving technology platform that integrates full-stack software algorithms, modularized hardware solutions, and a cloud-based infrastructure platform. The company provides autonomous driving products and services from L2 to L4 vehicles. The products of the company includes Robotaxi, Robobus, Robovan, Robosweeper, and others. The company earns its revenue from the People's Republic of China.

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지난주 가장 성과가 좋았던 중형주 9개 종목은 다음과 같다. 포니AI, 셀시우스, 위라이드, 어플라이드 디지털, 솔라리스, 바이코, GDS, 브이넷, 굿이어타이어

포니AI, 셀시우스, 위라이드 등 지난주 급등한 중형주 9종목 (2월 17일~21일)

Uber Weride

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이들 10개 대형주는 지난 주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 위라이드(NASDAQ:WRD)의 주식이 97.62% 급등했다. 이는 엔비디아(NASDAQ:NVDA)가 13F 제출을 통해 174만 주의 지분을 보유하고 있다고 공개한 후 발생한 일이다.

위라이드, 크리스퍼 및 진DX 등 지난주 최대 상승한 10개의 중형주 (2월 10일-2월 14일)

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중국의 자율주행 스타트업 위라이드(NASDAQ:WRD)의 주식은 엔비디아(NASDAQ:NVDA)가 12월 31일 마감된 분기 동안 주식을 새롭게 보유했다고 발표한 후 금요일에 상승했다. 엔비디아는 이 스타트업의 주식을 174만 주 매입했다.

엔비디아의 전략 변화: 위라이드 및 네비우스 투자 확대, Arm 지분 축소

WeRide Inc

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Worldline SA

Warriedar Resources Ltd

WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>), a leading global developer of <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/g45741282/weride-teams-up-with-renault-to-bring-autonomous-shuttle-to-roland-garros-again" rel="noreferrer noopener">autonomous driving technology</a>, announced on Tuesday it will once again partner with Renault Group, a key Roland-Garros sponsor, to provide a Level-4 self-driving minibus shuttle during the 2025 Grand Slam tennis tournament in Paris.
The return of the Robobus service highlights the successful partnership between the two companies. After a dependable debut last year, the shuttle will run a 2.8-kilometer loop connecting key venues around Roland-Garros daily from May 25 to June 8.
A new addition for this year is a night schedule, operational from 10 p.m. to midnight, thereby enhancing access during periods of low light.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/45742446/toyota-restructures-complex-shareholding-pattern-in-mobility-push" rel="noreferrer noopener">Toyota Restructures Complex Shareholding Pattern In Mobility Push</a>
Tony Han, WeRide&#8217;s founder and CEO, emphasized the importance of their continued presence at Roland-Garros and their focus on expanding in Europe.
Patrick Vergelas, Autonomous Mobility Project Manager at Renault Group, highlighted the growing societal acceptance of autonomous transit. &#8220;From Roland-Garros to Barcelona, via Valence, Renault and WeRide demonstrate that autonomous mobility is no longer a promise, but a reality,&#8221; he stated.
This initiative follows WeRide and Renault&#8217;s launch in March 2025 of Europe&#8217;s first fully driverless commercial <a target="_blank" href="https://www.benzinga.com/markets/equities/25/02/44041348/werides-robobus-rolls-out-in-france-with-renault-beti-backing-details" rel="noreferrer noopener">Robobus</a> in France&#8217;s Drôme region and a Level-4 autonomous shuttle trial in Barcelona. Powered by WeRide&#8217;s proprietary system, the Robobus operates in nearly 30 cities worldwide, including Singapore, Switzerland, France, and China.
WeRide reported <a target="_blank" href="https://www.benzinga.com/cannabis/25/05/45541961/whats-going-on-with-weride-stock-on-wednesday" rel="noreferrer noopener">$10 million in revenue</a> for the first quarter of 2025, a 1.8% increase year-over-year. Product sales, including robotaxis and robosweepers, rose to $1.3 million. The robotaxi segment grew to 22.3% of total revenue. Gross margin remained steady at 35%.
ETFs such as the Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>) and the iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>) also provide exposure to this emerging market.
Price Action: WRD shares are trading lower by 2.55% to $9.55 at last check Tuesday.
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DRIV

IDRV

WeRide, Renault Bring Autonomous Shuttles Back To Roland-Garros In Paris

WeRide Partners With Renault Group To Provide Level-4 Autonomous Minibus Shuttle Service During 2025 Grand Slam Tournament On Iconic Clay Courts

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/30030213/WeRideQ1.png" alt="" class="wp-image-13640" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/30030213/WeRideQ1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/30030213/WeRideQ1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/30030213/WeRideQ1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
The developer of driverless technology has unveiled a $100 million share buyback program in a bid to reassure investors after a stock price slide
<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul class="wp-block-list">
<li>Shares in the robotaxi operator have fallen nearly 40% since its U.S. IPO last year</li>
<li>WeRide is in a fierce contest with Pony AI for investor confidence and market expansion opportunities</li>
</ul>
A share buyback is often a move to boost investor confidence or drive up a company's stock price. In the case of Chinese robotaxi operator&nbsp;WeRide Inc.&nbsp;(WRD.US) the motives deserve closer attention.
Why would a loss-making company battling for pole position in the autonomous driving sector buy up a block of its own shares instead of ploughing the money into research or the rollout of its diverless vehicles?
The U.S.-listed developer of automotive technology recently made three significant announcements. It released&nbsp;<a href="https://ir.weride.ai/news-releases/news-release-details/weride-announces-plan-expand-commercial-robotaxi-services-15">first-quarter earnings</a>, unveiled a $100 million program to buy back its shares, and outlined plans to deepen a partnership with Uber and Tencent to expand its international robotaxi fleet.
WeRide's quarterly revenues rose a modest 1.8% to 72.40 million yuan ($10 million) from the same period a year earlier, despite growing competition in the self-driving sector and the constraints of a weak economy. Robotaxi takings increased to 16.10 million yuan, representing 22.3% of total revenue compared with 11.9% in the year-earlier period. Robotaxis are rapidly becoming WeRide's mainstay business, with the fleet size exceeding 1,200 vehicles in operation for more than a combined 2,000 days in the quarter.
Nonetheless, high R&amp;D costs and rapid expansion left the company spinning its wheels in the red. WeRide narrowed its net loss to 385 million yuan from 468 million yuan in the same quarter of last year. However, the non-IFRS adjusted loss grew from 142 million yuan to 295 million yuan. Notably, R&amp;D spending excluding stock-related expenses jumped 54% to 278 million yuan, one of the biggest drags on profit.
The company was sitting on 4.43 billion yuan in cash and cash equivalents by the end of March, which together with 1.75 billion yuan in financial assets brought total reserves to more than 6 billion yuan. Its finances are robust enough to cover short-term outgoings and strategic spending.
In spite of the losses and heavy expansion costs, the management team still approved a one-year&nbsp;<a href="https://ir.weride.ai/news-releases/news-release-details/weride-inc-announces-us100-million-share-repurchase-program">share repurchase program</a>&nbsp;worth $100 million – an unusual move for a firm that is still getting global market traction.
Tech companies tend to invest their cash in product development, marketing and R&amp;D during their growth stage, rarely returning funds to shareholders via buybacks. Going against that trend, WeRide's decision looks to be a response to a slumping stock price. Since listing in the United States last October, WeRide has seen its share price fall 39% below the IPO level, battered by intensifying competition in the robotaxi industry.
<h4 class="wp-block-heading">Jostling for position</h4>
With dominance still up for grabs in this emerging sector, companies that can command market confidence stand a better chance of clinching collaboration deals that will add fuel to their expansion plans.
WeRide's arch rival&nbsp;Pony AI&nbsp;(PONY.US), not to be outdone, also motored to U.S. IPO late last year, and showcased its state-of-the-art robotaxi fleet on April 23, a day after the end of the lockup for WeRide shares issued to original shareholders. WeRide shares plunged 17% that day, the biggest single-session decline in months.
As WeRide shares ran out of gas, Pony AI's stock has surged 71.58% since the firm's IPO, generating a market cap of $7.32 billion, more than double WeRide's valuation of $2.87 billion. Pony AI is now trading at a price-to-sales (P/S) ratio of around 62 times, clearly taking the lead with investors as WeRide trails behind with a multiple of nearly 47 times.
The two brands are battling it out head to head to dominate China's market for robotaxis equipped with level 4 technology that can carry out most driving tasks without human intervention.
They run overlapping businesses and are competing for capital, collaboration deals and overseas rollout. Both have struck up partnerships with Uber, launched robotaxi businesses in Europe and the Middle East and recently linked up with Tencent Cloud for tech services.
In light of the strategic partnerships with Uber and Tencent, WeRide's share buyback looks more like a bid to grab the spotlight and bolster market sentiment, with tech stocks generally under pressure.
Buying up shares will reduce supply and support stock prices in the short term. A more stable market cap could improve the company's standing with potential strategic investors, improving refinancing prospects. In a sense, WeRide is bidding to regain control of the narrative by sending out positive signals to investors.
However, market reaction was mixed. WeRide's shares soared more than 20% on the day of the announcement but fell back over 10% in the next two sessions. The move delivered a short-term boost but left investors unconvinced about the long-term outlook. Morgan Stanley maintained an "outperform" rating but cut its target price for the stock from $23 to $13 per share, dampening the market mood.
WeRide has not achieved a course correction with its share buyback plan. But the robotaxi race could have many twists and turns. The outcome will ultimately depend on whether WeRide can power ahead with mass rollout and improve its cash flow.

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WeRide's Buyback Maneuver In High-Stakes Robotaxi Race

Editor&#8217;s Note: Total cash reserve figure is updated in paragraph 9
WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares are trading higher in <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">the premarket session on Wednesday</a> following its first-quarter financial results.
The company recorded $10 million in total revenue in the first quarter of 2025, representing a 1.8% increase <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45536827/weride-announces-plan-to-expand-commercial-robotaxi-services-to-15-additional-cities-globally" rel="noreferrer noopener">on a year-over-year basis</a>.
Jennifer Li, WeRide&#8217;s CFO, said this quarter&#8217;s revenue growth reflects improving commercial traction, supported by multiple expansions and new deployments in international territories in the Middle East and Europe.
Product revenue increased to $1.3 million, thanks to the increase in the sales of robotaxis and robosweepers in the first quarter.
Also Read: <a href="https://www.benzinga.com/media/25/05/45521563/weride-stock-climbs-on-tencent-cloud-deal-to-speed-global-robotaxi-push" target="_blank" rel="noreferrer noopener">WeRide Stock Climbs On Tencent Cloud Deal To Speed Global Robotaxi Push</a>
WeRide&#8217;s robotaxi business reached $2.2 million in the first quarter, 22.3% of total revenue, up from 11.9% in the year-ago period.
The gross profit margin was 35% in the quarter under review, relatively stable compared to the fourth quarter of 2024.
Tony Han, WeRide&#8217;s Founder, Chairman, and CEO, commented, &#8220;With over 1,200 autonomous driving vehicles running on the road and fully driverless commercial operations in motion, we&#8217;re making autonomous driving ever more accessible and affordable to riders around the world.&#8221;
&#8220;In addition, we are advancing our end-to-end mass-market ADAS solutions that bring real value to OEMs today. These efforts position WeRide as a global leader in shaping the future of autonomous mobility,&#8221; he added.
WeRide reported a quarterly&nbsp;diluted net loss per ADS of 18 cents. As of March 31, the company had $610.3 million in cash and equivalents, $240.80 million in financial assets and $2 million in restricted cash, totaling $853.10 million in cash reserve.
In a separate release, the company has authorized a share repurchase program, under which it may repurchase up to $100 million of its Class A ordinary <a href="https://www.benzinga.com/pressreleases/25/05/g45536826/weride-inc-announces-us-100-million-share-repurchase-program" target="_blank" rel="noreferrer noopener">shares over the next 12 months</a>.
&#8220;The adoption of the share repurchase program reflects our confidence in our business fundamentals, financial health, and long-term outlook,&#8221; Li added.
The company expects to fund the repurchases out of its existing cash balance.
WeRide said it increased its total fleet size to over 1,200 units in the first quarter of 2025. It accumulated more than 2,000 days in public operations with zero regulatory discipline for autonomous driving system failure.
WeRide and Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) have recently formed a significant partnership to expand commercial robotaxi services. This collaboration aims to introduce services to 15 new cities, building on their successful deployment in Abu Dhabi and upcoming launch in Dubai. Uber has committed an additional $100 million equity investment in WeRide, supplementing its previous investments, the company said.
Price Action: WRD shares are trading higher by 5.18% to $8.930 premarket at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/news/mid-cap/25/05/45464126/weride-launches-robotaxi-trial-operations-in-abu-dhabi" target="_blank" rel="noreferrer noopener">WeRide Launches Robotaxi Trial Operations In Abu Dhabi</a></li>
</ul>
Photo by Tada Images via Shutterstock

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What's Going On With WeRide Stock On Wednesday? (UPDATED)

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WeRide shares are trading higher after the company announced the expansion into Saudi Arabia with the launch of robotaxi and other autonomous driving products.

U.S. stocks were higher, with the Dow Jones index gaining around 500 points on Tuesday.
Shares of MAC Copper Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTAL#NYSE">MTAL</a>) rose sharply during Tuesday's session after the company announced Harmony Gold will acquire them for $1.03 billion.
MAC Copper shares jumped 19.9% to $12.17 on Tuesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>E2open Parent Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETWO#NYSE">ETWO</a>) shares jumped 26% to $3.24 after the company announced WiseTech Global will acquire them for $2.1 billion in an all-cash deal.</li>
<li>Gyre Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GYRE#NASDAQ">GYRE</a>) gained 23% to $10.71. Gyre Therapeutics recently announced a $20 million stock offering.</li>
<li>ATS Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATS#NYSE">ATS</a>) rose 22.3% to $31.27 after the company provided fourth-quarter financial guidance.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 21.2% to $5.35.</li>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) shares surged 17.8% to $4.2900.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) rose 17.7% to $120.97. CoreWeave appointed Carl Holshouser as Vice President, Government Affairs.</li>
<li>Redwire Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) gained 16.2% to $15.10. Redwire successfully delivered the onboard computer for ESA&#8217;s Comet Interceptor mission to study Pristine Comet.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) rose 15.3% to $10.51 after the company announced its expansion into Saudi Arabia.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) jumped 13% to $10.83.</li>
<li>Venture Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VG#NYSE">VG</a>) gained 12.2% to $12.78.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 11.8% to $19.47 after the company announced it will expand its robotaxi fleet in Dubai, following an agreement with regulators.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) rose 11.3% to $28.33.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) gained 10% to $13.19.</li>
<li>Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) rose 8.4% to $39.24.</li>
<li>Brinker International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) gained 7.2% to $165.63.</li>
<li>C3.ai, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) rose 6.8% to $24.27.</li>
<li>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) gained 6.1% to $79.17.</li>
<li>Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>) rose 5.9% to $62.21. Jefferies analyst Trevor Williams maintained Block with a Buy and raised the price target from $60 to $70.</li>
</ul>
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Intraday Update

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MAC Copper, ATS, Pony AI And Other Big Stocks Moving Higher On Tuesday

WeRide Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) stock surged on Tuesday after the company announced its <a href="https://www.benzinga.com/pressreleases/25/05/g45612736/weride-expands-into-saudi-arabia-with-launch-of-robotaxi-and-more-autonomous-driving-products" target="_blank" rel="noreferrer noopener">expansion into Saudi Arabia</a>.
The company has launched testing or deployment of its Robotaxis and other core autonomous driving products in cities like Riyadh and AlUla.
WeRide has commenced ground preparation work with support from the Transport General Authority ahead of its upcoming Robotaxi trial operations.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/25/05/45521563/weride-stock-climbs-on-tencent-cloud-deal-to-speed-global-robotaxi-push" rel="noreferrer noopener">WeRide Stock Climbs On Tencent Cloud Deal To Speed Global Robotaxi Push</a>
The service will launch on Uber Technologies, Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) platform in the coming months, with complete commercial services expected in late 2025.
The deployment supports Saudi Arabia&#8217;s Vision 2030 ambitions to build smart, sustainable cities by enhancing road safety, improving traffic management, and introducing innovative, technology-driven mobility solutions.
WeRide has also tested and deployed its Robobus in several key areas across Saudi Arabia, including King Fahad Medical City, Aramco residential communities, AlUla, and the Ritz-Carlton, Riyadh.
The Level-4 autonomous vehicle can address last-mile transportation gaps and complement transit networks like Riyadh Metro.
Last week, WeRide <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45541961/whats-going-on-with-weride-stock-on-wednesday" rel="noreferrer noopener">said it recorded</a> $10 million in total revenue in the first quarter of 2025, representing a 1.8% increase. Jennifer Li, CFO, said the quarter&#8217;s revenue growth reflected improving commercial traction, supported by multiple expansions and new deployments in international territories in the Middle East and Europe.
WeRide&#8217;s robotaxi business reached $2.2 million in the first quarter, 22.3% of total revenue, up from 11.9% in the year-ago period. WeRide exited the first quarter with cash and equivalents worth $610.3 million.
WeRide stock plunged 36% year-to-date as it grappled with global economic uncertainties and U.S. President Donald Trump&#8217;s tariff policies.
Price Action: WRD shares are trading higher by 5.49% to $9.61 premarket at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/25/04/44988070/autonomous-ride-hailing-just-got-real-vw-and-uber-reveal-first-us-city" target="_blank" rel="noreferrer noopener">Autonomous Ride-Hailing Just Got Real: VW And Uber Reveal First US City</a></li>
</ul>
Photo by Tada Images via Shutterstock

WeRide Stock Is Soaring Tuesday: What's Driving The Action?

WeRide Announces Expansion Into Saudi Arabia With Launch Of Robotaxi And More Autonomous Driving Products

WeRide's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NYSE">WRD</a>) short percent of float has risen 32.2% since its last report. The company recently reported that it has 1.37 million shares sold short, which is 0.78% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>WeRide Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748012426_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for WeRide has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing WeRide's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, WeRide's peer group average for short interest as a percentage of float is 8.77%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Is WeRide Gaining or Losing Market Support?

<h3>Gainers</h3>
<ul>
<li>Lottery.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRY#NASDAQ">LTRY</a>) shares increased by 67.6% to $1.29 during Wednesday's regular session. The market value of their outstanding shares is at $24.3 million. As per the news, the Q1 earnings report came out today. </li>
<li>MEDIROM Healthcare Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRM#NASDAQ">MRM</a>) shares increased by 40.0% to $1.82. The market value of their outstanding shares is at $14.3 million. As per the news, the FY earnings report came out yesterday. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) shares increased by 27.19% to $0.01. The market value of their outstanding shares is at $3.7 million. As per the news, the Q1 earnings report came out 4 days ago. </li>
<li>WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares moved upwards by 24.14% to $10.49. The market value of their outstanding shares is at $2.8 billion. The company's, Q1 earnings came out today. </li>
<li>Niu Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIU#NASDAQ">NIU</a>) stock moved upwards by 19.0% to $3.82. The company's market cap stands at $296.4 million. The company's, Q1 earnings came out 2 days ago. </li>
<li>Jowell Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JWEL#NASDAQ">JWEL</a>) stock increased by 17.56% to $2.41. The company's market cap stands at $5.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Netclass Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCL#NASDAQ">NTCL</a>) stock decreased by 26.8% to $9.37 during Wednesday's regular session. The market value of their outstanding shares is at $167.1 million. </li>
<li>Neo-Concept International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCI#NASDAQ">NCI</a>) stock decreased by 18.83% to $0.35. The market value of their outstanding shares is at $7.1 million. </li>
<li>NWTN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWTN#NASDAQ">NWTN</a>) shares declined by 18.81% to $1.9. The market value of their outstanding shares is at $543.7 million. </li>
<li>Mullen Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares declined by 12.47% to $0.17. The company's, Q2 earnings came out yesterday. </li>
<li>VF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) shares fell 12.24% to $12.66. The company's market cap stands at $4.9 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Garrett Motion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTX#NASDAQ">GTX</a>) stock fell 11.48% to $10.54. The market value of their outstanding shares is at $2.1 billion. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session

WeRide shares are trading higher following Q1 reported financial results and after announcing a $100 million share repurchase program. Additionally, the company announced plans to boost commercial Robotaxi services to 15 additional cities globally.

U.S. stocks were lower, with the Dow Jones index falling around 300 points on Wednesday.
Shares of Dycom Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DY#NYSE">DY</a>) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results, issued second-quarter sales guidance above estimates, and <a href="https://www.benzinga.com/quote/DY">raised its FY26 sales guidance.</a>
Dycom Industries reported quarterly earnings of $2.09 per share which beat the analyst consensus estimate of $1.69 per share. The company reported quarterly sales of $1.26 billion which beat the analyst consensus estimate of $1.19 billion.
Dycom Industries shares jumped 15.9% to $224.41 on Wednesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares jumped 26% to $4.1188. SEALSQ unveiled quantum-resistant cryptography with QS7001 to secure Bitcoin wallets against quantum threat.</li>
<li>Canada Goose Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#NYSE">GOOS</a>) gained 20.3% to $10.73 following better-than-expected fourth-quarter financial results.</li>
<li>Arqit Quantum Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) jumped 17% to $28.76.</li>
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) rose 15.7% to $9.78 following its first-quarter financial results.</li>
<li>Next Technology Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) rose 15% to $2.37.</li>
<li>XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) gained 14.8% to $22.62 after the company reported first-quarter financial results, with total deliveries rising 330.8% year over year.</li>
<li>Belite Bio, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLTE#NASDAQ">BLTE</a>) shares rose 11.1% to $72.00 as the company secured FDA Breakthrough Therapy Designation for Tinlarebant in Stargardt disease following Phase 3 interim data.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) gained 10.2% to $99.30.</li>
<li>Arcellx, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACLX#NASDAQ">ACLX</a>) climbed 7.4% to $65.00.</li>
<li>Keysight Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>) rose 6% to $172.63 following better-than-expected quarterly financial results.</li>
<li>Akso Health Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AHG#NASDAQ">AHG</a>) rose 5% to $1.6750.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45535402/target-lowes-and-3-stocks-to-watch-heading-into-wednesday">Target, Lowe&#8217;s And 3 Stocks To Watch Heading Into Wednesday</a> </li>
</ul>
Photo via Shutterstock

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Dycom Industries Posts Upbeat Earnings, Joins WeRide, Keysight Technologies And Other Big Stocks Moving Higher On Wednesday

WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) reported quarterly losses of $(0.18) per share. The company reported $9.98 million in sales this quarter.

WeRide Q1 EPS $(0.18) With Sales $9.98M; As Of March 31 Company Had $610.3M In Cash And Equivalents And Time Deposits

WeRide Reveals Plan To Boost Commercial Robotaxi Services To 15 Additional Cities Globally

WeRide Announces $100M Share Repurchase Program, Company Says It Remains Confident In Business Fundamentals And Long-Term Outlook

<h3>Companies Reporting Before The Bell</h3>
• MediWound (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDWD#NASDAQ">MDWD</a>) is likely to report quarterly loss at $0.66 per share on revenue of $5.20 million. 
• Canada Goose Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#NYSE">GOOS</a>) is expected to report quarterly earnings at $0.16 per share on revenue of $262.86 million. 
• Ucloudlink Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCL#NASDAQ">UCL</a>) is projected to report quarterly loss at $0.04 per share on revenue of $18.20 million. 
• iQIYI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IQ#NASDAQ">IQ</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $973.69 million. 
• TJX Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) is estimated to report quarterly earnings at $0.91 per share on revenue of $13.03 billion. 
• Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) is expected to report quarterly earnings at $1.58 per share on revenue of $8.83 billion. 
• Target (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) is likely to report quarterly earnings at $1.65 per share on revenue of $24.35 billion. 
• Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) is likely to report quarterly earnings at $2.88 per share on revenue of $20.97 billion. 
• Baidu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) is estimated to report quarterly earnings at $1.34 per share on revenue of $4.30 billion. 
• Full Truck Alliance Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YMM#NYSE">YMM</a>) is estimated to report quarterly earnings at $0.16 per share on revenue of $366.75 million. 
• CMB.Tech (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMBT#NYSE">CMBT</a>) is projected to report quarterly earnings at $0.28 per share on revenue of $224.00 million. 
• Golden Ocean Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGL#NASDAQ">GOGL</a>) is projected to report quarterly loss at $0.15 per share on revenue of $106.48 million. 
• Wix.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) is projected to report quarterly earnings at $1.66 per share on revenue of $471.83 million. 
• Flex LNG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLNG#NYSE">FLNG</a>) is expected to report quarterly earnings at $0.44 per share on revenue of $88.17 million. 
• Cool Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLCO#NYSE">CLCO</a>) is estimated to report earnings for its first quarter. 
• Dycom Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DY#NYSE">DY</a>) is projected to report quarterly earnings at $1.62 per share on revenue of $1.19 billion. 
• Super Hi International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDL#NASDAQ">HDL</a>) is likely to report earnings for its first quarter. 
• Evogene (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGN#NASDAQ">EVGN</a>) is projected to report quarterly loss at $0.73 per share on revenue of $4.00 million. 
• WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) is likely to report earnings for its first quarter. 
• Baozun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZUN#NASDAQ">BZUN</a>) is projected to report earnings for its first quarter. 
• XPeng (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) is likely to report earnings for its first quarter. 
• VF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) is estimated to report quarterly loss at $0.14 per share on revenue of $2.17 billion. 
• Weibo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) is likely to report quarterly earnings at $0.38 per share on revenue of $394.21 million. 
<h3>Companies Reporting After The Bell</h3>
• LiveRamp Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RAMP#NYSE">RAMP</a>) is projected to report quarterly earnings at $0.28 per share on revenue of $185.41 million. 
• Banco BBVA Argentina (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAR#NYSE">BBAR</a>) is projected to report quarterly earnings at $0.47 per share on revenue of $708.59 million. 
• Zoom Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZM#NASDAQ">ZM</a>) is projected to report quarterly earnings at $1.31 per share on revenue of $1.17 billion. 
• Urban Outfitters (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URBN#NASDAQ">URBN</a>) is expected to report quarterly earnings at $0.82 per share on revenue of $1.29 billion. 
• American Superconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) is likely to report quarterly earnings at $0.10 per share on revenue of $60.27 million. 
• LexinFintech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LX#NASDAQ">LX</a>) is likely to report earnings for its first quarter. 
• Domo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOMO#NASDAQ">DOMO</a>) is likely to report quarterly loss at $0.19 per share on revenue of $77.75 million. 
• ClearSign Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLIR#NASDAQ">CLIR</a>) is projected to report earnings for its first quarter. 
• Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) is projected to report quarterly earnings at $0.21 per share on revenue of $1.01 billion. 
• EnerSys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENS#NYSE">ENS</a>) is projected to report quarterly earnings at $2.55 per share on revenue of $1.02 billion. 
• Borr Drilling (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BORR#NYSE">BORR</a>) is likely to report quarterly loss at $0.03 per share on revenue of $231.17 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For May 21, 2025

WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>), a global leader in autonomous driving technology, has signed an expanded strategic cooperation agreement with Tencent Cloud to support WeRide's autonomous driving R&amp;D efforts, Robotaxi commercialization and expansion into international markets.
Under the new partnership, the two parties will explore commercial deployment of Level-4 autonomous Robotaxis. WeRide's Robotaxi services will be integrated into platforms such as Tencent Smart Transportation Mini Program on Weixin/WeChat and Tencent Maps, offering users a new autonomous travel experience that is safer, more convenient, and more comfortable.
The two companies will also collaborate to build cloud platforms and tools to enhance the development and deployment of autonomous driving technologies, as well as to accelerate related R&amp;D efforts, while aligning with local compliance and cybersecurity standards in the respective markets. &nbsp;
&nbsp;

WeRide Signs Expanded Strategic Cooperation Agreement With Tencent Cloud To Support WeRide's Autonomous Driving R&D Efforts, Robotaxi Commercialization And Expansion Into International Markets

<a target="_blank" href="https://www.benzinga.com/topic/autonomous-vehicles" rel="noreferrer noopener">Chinese autonomous company</a> WeRide&nbsp;Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) tapped Tencent Holding (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) Tencent Cloud to boost robotaxi commercial operations and build smart driving solutions for international markets.
Tencent&#8217;s&nbsp;cloud unit will depend on its global cloud infrastructure to provide WeRide with cloud services to build a smart driving operation network, Reuters reported on Tuesday. WeRide stock gained after the report.
In April, Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and WeRide partnered with Dubai&#8217;s Road and Transport Authority (RTA) to <a target="_blank" href="https://www.benzinga.com/tech/25/04/44605125/uber-teams-up-with-weride-to-bring-self-driving-cars-to-dubai" rel="noreferrer noopener">launch autonomous vehicles</a>, advancing Dubai&#8217;s self-driving transport goals.
Also Read: <a href="https://www.benzinga.com/news/25/04/44988070/autonomous-ride-hailing-just-got-real-vw-and-uber-reveal-first-us-city" target="_blank" rel="noreferrer noopener">Autonomous Ride-Hailing Just Got Real: VW And Uber Reveal First US City</a>
Also in April, WeRide domestic rival&nbsp;Pony AI Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) collaborated with Tencent Cloud&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/04/45013465/pony-ai-and-tencent-partner-on-l4-robotaxis-expand-chinas-self-driving-future" rel="noreferrer noopener">to bring robotaxi rides</a> to WeChat and Tencent Maps, boosting autonomous ride-hailing access.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) said in April that it had started testing its autonomous ride-hail service with Austin and Bay Area employees ahead of its planned robotaxi launch this summer.
Tesla chief Elon Musk expects the EV giant&#8217;s robotaxi fleet to function like a combination of Airbnb, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) and Uber.
Price Action: WRD stock is up 4.62% at $8.91 at last check Tuesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/emerging-markets/25/02/44017638/chinas-baidu-and-catl-team-up-to-build-next-gen-driverless-evs-integrating-advanced-battery-and-chassis-tech" target="_blank" rel="noreferrer noopener">China&#8217;s Baidu And CATL Team Up To Build Next-Gen Driverless EVs, Integrating Advanced Battery And Chassis Tech</a></li>
</ul>
Photo: Shutterstock

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WeRide Stock Climbs On Tencent Cloud Deal To Speed Global Robotaxi Push

Editor&#8217;s Note: This article has been updated to reflect the correct 2-year Treasury bond yield of 3.95%.
U.S. stock futures advanced on Friday after a mixed close on Thursday. Futures of major benchmark indices were trading higher in premarket.
The S&amp;P 500 index recorded its fourth day of gains on Thursday after turning positive for the year at the beginning of the week.
Jerome Powell, Federal Reserve Chair, indicated Thursday that the Fed is r<a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45439079/powell-signals-fed-may-shift-its-inflation-strategy-after-5-year-economic-shake-up">eassessing its inflation and employment strategies</a>, suggesting potential shifts in policy following a comprehensive review scheduled for 2025. 
"Participants have indicated that they thought it would be appropriate to reconsider the language around [labor market] shortfalls," Powell said, referring to how the Fed talks about employment in its official strategy.
Nasdaq dropped after continued positive momentum from <a href="https://www.benzinga.com/25/05/45462404/trump-unveils-over-200-billion-worth-of-deals-with-uae-including-major-etihad-airways-commitment">partnerships with the Middle East</a> during the U.S.-Saudi Investment Forum. 
Meanwhile, the 10-year Treasury bond yielded 4.40% and the two-year bond was at 3.95%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 91.8% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.33%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.23%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.23%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.40%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Friday. The SPY was up 0.14% to $591.31, while the QQQ advanced 0.16% to $520.06, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Led by strong gains in utilities, consumer staples, and real estate, most sectors within the S&amp;P 500 finished Thursday in positive territory, contributing to the index&#8217;s fourth consecutive session of gains.
However, consumer discretionary and communication services stocks diverged from the broader market, ending the day lower.
Overall, the S&amp;P 500 has climbed approximately 4.5% week-to-date, followed by a roughly 2.6% increase for the Dow and a significant 6.6% rise for the Nasdaq.
Notably, tech giants like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) have seen substantial weekly gains of around 15% each, with Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) also adding around 6% and 7%, respectively.
In other news, Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) reported stronger-than-anticipated first-quarter earnings, while Foot Locker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) shares surged around 86% following an agreement for acquisition by DICK&#8217;s Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>).
On the economic front, initial jobless claims remained steady, U.S. retail sales saw a modest 0.1% monthly increase in April, and U.S. producer prices unexpectedly declined by 0.5% in April.
The Dow Jones index advanced 272 points or 0.65% to 42,322.75, whereas the S&amp;P 500 index rose 0.41% to 5,916.93. Nasdaq Composite ended 0.18% lower at 19,112.32, and the small-cap gauge, Russell 2000, ended 0.52% higher at 2,094.69.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.18%</td>
<td>19,112.32</td>
</tr>
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<td>S&amp;P 500</td>
<td>0.41%</td>
<td>5,916.93</td>
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<td>Dow Jones</td>
<td>0.65%</td>
<td>42,322.75</td>
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<td>Russell 2000</td>
<td>0.52%</td>
<td>2,094.69</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Ed Yardeni of Yardeni Research said in his QuickTakes note that Fed Chair Powell &#8220;poked a stick&#8221; at the White House following his speech on Thursday.
Yardeni pointed out that Powell implied that the bond yields might stay elevated as a result of more frequent &#8220;supply shocks,&#8221; like tariffs.
&#8220;Higher real rates may also reflect the possibility that inflation could be more volatile going forward than in the inter-crisis period of the 2010s,&#8221; Powell said in prepared remarks for the Thomas Laubach Research Conference in Washington, D.C.
Yardeni said, &#8220;Sounds like Powell is expecting more frequent bouts of stagflation, which was associated with supply shocks in the past.&#8221;
&#8220;The stock and bond markets didn&#8217;t react much to the speech partly because today&#8217;s batch of indicators were mostly ambiguous about the near-term prospects for stagflation,&#8221; he added.
As the PPI declined in April, Louis Navellier of Navellier &amp; Associates said, &#8220;The PPI demonstrated that despite recent trade chaos, wholesale prices are falling from lackluster economic activity and surplus goods that have been &#8216;dumped&#8217; in the U.S.&#8221;
Meanwhile, commenting on the declining PPI, Jamie Cox, the managing partner at Harris Financial Group, added, &#8220;If you are in the stagflation camp, these data aren't confirming your thesis. While growth is slowing, disinflation remains intact.&#8221;
Speaking about the S&amp;P 500 earnings so far, Navellier said, &#8220;Now that 90% of the companies in the S&amp;P 500 have announced their first quarter results, earnings are running at an 11.2% annual pace, which represents the seventh straight quarter of improving earnings growth.&#8221;
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Friday:
<ul class="wp-block-list">
<li>April&#8217;s import price index, housing starts, and building permit data will be released by 8:30 a.m. ET.</li>
</ul>
<ul class="wp-block-list">
<li>The preliminary consumer sentiment for May will be released by 10:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Flowers Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLO#NYSE">FLO</a>) fell 2.17% in premarket on Friday as analysts expect it to report quarterly earnings of 38 cents per share on revenue of $1.60 billion, before the opening bell.</li>
</ul>
<ul class="wp-block-list">
<li>Brady Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRC#NYSE">BRC</a>) rose 1.77% as Wall Street expects it to report earnings before the opening bell. It is expected to post earnings of $1.22 per share on revenue of $386.81 million.</li>
</ul>
<ul class="wp-block-list">
<li>RBC Bearings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) declined 0.56% as analysts expect it to report quarterly earnings of $2.70 per share on revenue of $440.26 million, before the opening bell.</li>
</ul>
<ul class="wp-block-list">
<li>Take-Two Interactive Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>) fell 3.59% after the company guided for its first quarter net bookings to be in a range of $1.25 billion to $1.30 billion and full fiscal-year net bookings to be in a range of $5.90 billion to $6.00 billion.</li>
</ul>
<ul class="wp-block-list">
<li>Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) dropped 6.19% after a mixed second quarter. The earnings per share were better than expected, while sales missed estimates.</li>
</ul>
<ul class="wp-block-list">
<li>WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) was up 2.85% after launching a fully driverless robotaxi trial operation in Abu Dhabi.</li>
</ul>
<ul class="wp-block-list">
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) jumped 5.41% after acquiring natural gas assets worth $1.9 billion.</li>
</ul>
<ul class="wp-block-list">
<li>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) was 0.07% below flatline after the report of a delayed rollout for its AI model update.</li>
</ul>
<ul class="wp-block-list">
<li>Incannex Healthcare Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IXHL#NASDAQ">IXHL</a>) zoomed 68.98% after it finished administering doses to patients in the Phase 2 segment of its trial for Obstructive Sleep Apnea (OSA).</li>
</ul>
<ul class="wp-block-list">
<li>Origin Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) slumped 30.80% after the company reported a year-over-year decrease in first-quarter financial results and cut its FY26 sales guidance below estimates.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading lower in the early New York session by 0.19% to hover around $61.50 per barrel.
Gold Spot US Dollar fell 0.96% to hover around $3,208.84 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.19% at the 100.6880 level.
Asian markets ended lower on Friday except South Korea's Kospi and Australia's ASX 200 index. Japan's Nikkei 225, Hong Kong's Hang Seng, India's S&amp;P BSE Sensex, and China&#8217;s CSI 300 indices declined. European markets were higher in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of &#8216;Compound Interest&#8217;</a></li>
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Photo: Shutterstock

Economics

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IXHL

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Wall Street Poised To Open Higher After S&P 500's 4-Day Run: 'Sounds Like Powell Is Expecting More Frequent Bouts Of Stagflation,' Cautions Expert (CORRECTED)

WeRide Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares are trading higher premarket on Friday after the company disclosed the commencement of fully driverless Robotaxi trial operations in Abu Dhabi – the first such <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/g45461114/weride-launches-fully-driverless-robotaxi-trial-operations-in-abu-dhabi-broadens-service-coverage" rel="noreferrer noopener">deployment in the Middle East</a>.
Beginning this quarter, a fleet of WeRide&#8217;s autonomous taxis will be tested on public roads without a safety driver, representing a significant step forward in the development of intelligent transportation in Abu Dhabi.
As part of this expansion, WeRide will also extend its Robotaxi service area to two high-traffic islands in Abu Dhabi: Al Maryah Island and Al Reem Island.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/04/44605125/uber-teams-up-with-weride-to-bring-self-driving-cars-to-dubai" rel="noreferrer noopener">Uber Teams Up With WeRide To Bring Self-Driving Cars To Dubai</a>
These new service zones add to WeRide&#8217;s existing Robotaxi network, which has been safely operating on Yas Island, Saadiyat Island, and routes to Zayed International Airport since 2021.
Commercial driverless rides and more service areas in Abu Dhabi will progressively launch from summer 2025, pending regulatory approval.
Notably, WeRide is accelerating global expansion, prioritizing the UAE for autonomous driving growth. The company holds the record for the UAE&#8217;s first nationwide self-driving license (July 2023).
Earlier this month, WeRide and Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) announced an expanded partnership to add 15 cities to their autonomous vehicle <a target="_blank" href="https://www.benzinga.com/news/contracts/25/05/45210244/weride-stock-surges-after-hours-whats-driving-the-action" rel="noreferrer noopener">expansion plans over five years</a>.
On May 14, 2025, the company also announced the establishment of China&#8217;s first 24-hour autonomous ride-hailing network with the introduction of eight autonomous robotaxi pilot <a href="https://www.benzinga.com/news/global/25/05/45409856/whats-going-on-with-weride-stock" target="_blank" rel="noreferrer noopener">operation routes in central Guangzhou</a>.
Price Action: WRD shares are up 4.34% to $9.14 premarket at the last check on Friday.
Read Next:
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<li><a href="https://www.benzinga.com/news/25/04/44988070/autonomous-ride-hailing-just-got-real-vw-and-uber-reveal-first-us-city" target="_blank" rel="noreferrer noopener">Autonomous Ride-Hailing Just Got Real: VW And Uber Reveal First US City</a></li>
</ul>
Image by Tada Images via Shutterstock

WeRide Launches Robotaxi Trial Operations In Abu Dhabi

Press Releases

WeRide Debuts First Fare-charging Level-4 Robobus Service in the Heart of Guangzhou

Uber and WeRide Expand Strategic Partnership to Bring Autonomous Vehicles to 15 More Cities

WeRide to Announce First Quarter 2025 Financial Results on May 21, 2025

WeRide Accelerates Robotaxi Mass Commercialization with 8 Autonomous 24/7 Routes in Central Guangzhou

WeRide Launches Fully Driverless Robotaxi Trial Operations in Abu Dhabi, Broadens Service Coverage

WeRide and Tencent Cloud Expand Strategic Partnership to Drive Robotaxi Commercialization

WeRide Inc. Announces US$100 Million Share Repurchase Program

WeRide Announces Plan to Expand Commercial Robotaxi Services to 15 Additional Cities Globally

WeRide Expands into Saudi Arabia with Launch of Robotaxi and More Autonomous Driving Products

WeRide Teams Up with Renault to Bring Autonomous Shuttle to Roland-Garros Again

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