Serve Robotics Stock News

Wall Street and investors have little to complain about with just a few days left before we turn the page to 2025. When the closing bell tolled on Dec. 24, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had respectively galloped higher by 15%, 27%, and 33% for the year.

The U.S. stock market has delivered remarkable returns over the past five years, with the S&P 500 achieving double-digit gains in four of those years. While artificial intelligence (AI) and specialized semiconductor chips have largely powered this bull market, many leading tech companies now command premium valuations that may give investors pause.

Serve Robotics leverages Uber's resources to revolutionize last-mile delivery with cost-efficient, eco-friendly, autonomous robots, aiming to deploy 2,000 units by 2025. The partnership with Uber provides Serve Robotics access to a vast customer base, enhancing its market share in the rapidly growing food delivery sector. Serve Robotics' first-mover advantage, technological innovations, and sus...

SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board").

Nvidia (NVDA -1.81%) is the leading supplier of high-end graphics processing units (GPUs) for data centers, where they are used to power and train artificial intelligence (AI) applications. Uber Technologies (UBER 1.32%) operates the world's largest ride-hailing platform and also the Uber Eats food-delivery service.

Robotics stocks are an exciting area for artificial intelligence investors to consider.

Serve Robotics (SERV -4.04%) is expanding into new geographies and made an acquisition to facilitate growth with restaurants.

Serve Robotics (SERV 6.55%) products are working more effectively as it ramps up the supply of its delivery robots.