Stock Track | Serve Robotics Soars 7.52% as Robotics Stocks Rally on Symbotic-Walmart Deal

Stock Track

01/16

Serve Robotics Inc. (SERV) stock soared 7.52% in pre-market trading on Thursday, as robotics stocks surged following Symbotic's announcement of a $200 million deal to acquire Walmart's robotics business.

The deal involves Symbotic purchasing Walmart's robotics business for $200 million in cash to help expand the retail giant's automated supply chain. Additionally, Walmart will fund Symbotic's development of its pickup and delivery centers using AI-enabled robotics, with an initial order covering hundreds of stores for $520 million.

The news has sparked a broader rally in robotics stocks, with Symbotic itself rising 16%, Palladyne AI up 8%, Richtech Robotics up 7%, and Lifeward up 6% in morning trading. The positive sentiment surrounding the robotics industry and potential growth opportunities have likely contributed to Serve Robotics' surge.

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(SERV) stock soared 7.52% in pre-market trading on Thursday, as robotics stocks surged following Symbotic's announcement of a $200 million deal to acquire Walmart's robotics business.</p>\n\n<p>The deal involves Symbotic purchasing Walmart's robotics business for $200 million in cash to help expand the retail giant's automated supply chain. Additionally, Walmart will fund Symbotic's development of its pickup and delivery centers using AI-enabled robotics, with an initial order covering hundreds of stores for $520 million.</p>\n\n<p>The news has sparked a broader rally in robotics stocks, with Symbotic itself rising 16%, Palladyne AI up 8%, Richtech Robotics up 7%, and Lifeward up 6% in morning trading. 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(SERV) stock soared 7.52% in pre-market trading on Thursday, as robotics stocks surged following Symbotic's announcement of a $200 million deal to acquire Walmart's robotics business.</p>\n\n<p>The deal involves Symbotic purchasing Walmart's robotics business for $200 million in cash to help expand the retail giant's automated supply chain. Additionally, Walmart will fund Symbotic's development of its pickup and delivery centers using AI-enabled robotics, with an initial order covering hundreds of stores for $520 million.</p>\n\n<p>The news has sparked a broader rally in robotics stocks, with Symbotic itself rising 16%, Palladyne AI up 8%, Richtech Robotics up 7%, and Lifeward up 6% in morning trading. The positive sentiment surrounding the robotics industry and potential growth opportunities have likely contributed to Serve Robotics' surge.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SERV","symbol_name":"Serve Robotics Inc.","start_time":0,"source_url":"","article_id":"1193014179","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1193014179","pubTimestamp":1737040588,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Serve Robotics Inc.  stock soared 7.52% in pre-market trading on Thursday, as robotics stocks surged following Symbotic's announcement of a $200 million deal to acquire Walmart's robotics business.The deal involves Symbotic purchasing Walmart's robotics business for $200 million in cash to help expand the retail giant's automated supply chain. Additionally, Walmart will fund Symbotic's development of its pickup and delivery centers using AI-enabled robotics, with an initial order covering hundre","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SERV":"Serve Robotics Inc."},"translate_title":"随着机器人股因Symbotic与沃尔玛交易而上涨，Serve Robotics股价飙升7.52%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SERV":1},"content_text":"Serve Robotics Inc. (SERV) stock soared 7.52% in pre-market trading on Thursday, as robotics stocks surged following Symbotic's announcement of a $200 million deal to acquire Walmart's robotics business.\nThe deal involves Symbotic purchasing Walmart's robotics business for $200 million in cash to help expand the retail giant's automated supply chain. Additionally, Walmart will fund Symbotic's development of its pickup and delivery centers using AI-enabled robotics, with an initial order covering hundreds of stores for $520 million.\nThe news has sparked a broader rally in robotics stocks, with Symbotic itself rising 16%, Palladyne AI up 8%, Richtech Robotics up 7%, and Lifeward up 6% in morning trading. The positive sentiment surrounding the robotics industry and potential growth opportunities have likely contributed to Serve Robotics' surge.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}