Needham analyst Quinn Bolton maintains Ambarella (NASDAQ:AMBA) with a Buy and lowers the price target from $90 to $85.
Uber Rival Wheely Launches In Dubai, Targeting Wealthy Clientele With High-End Electric Cars
Wheely, a luxury-focused ride-hailing service, is set to launch in Dubai, posing a challenge to the market's current leader, Uber-owned Careem. The London-based company is targeting affluent clients with a fleet of electric cars.
