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ASX:CMP 18 July 2025

Robotaxis, Rocket Launches, and Record Profits – Tech Highlights (July 17–18, 2025)

Robotaxis, Rocket Launches, and Record Profits – Tech Highlights (July 17–18, 2025)

Uber will deploy 20,000 robotaxis in the U.S. from 2026, investing $300 million in Lucid Motors and partnering with Nuro for autonomous SUVs. Fortinet FortiWeb’s SQL flaw, CVE-2025-25257, compromised at least 49 instances. Compumedics reported a ransomware breach affecting over 320,000 patient records. SpaceX launched 24 Amazon Kuiper satellites and 26 Starlink satellites from Cape Canaveral on July 17.

Stock Market Today

  • Johnson & Johnson (JNJ) Surpasses Market Gains Amid Mixed Earnings Outlook
    May 21, 2026, 7:22 PM EDT. Johnson & Johnson (JNJ) closed at $161.43, up 0.79%, outperforming the S&P 500's 0.42% gain and advancing 5.13% over the past month, outpacing the Medical sector's 4.9%. The company is anticipated to report quarterly earnings per share (EPS) of $2.26, down 15.04% year-over-year, alongside a 3.85% revenue increase to $22.17 billion. Full-year estimates project EPS growth of 1.51% to $10.07 and a revenue decline of 4.85% to $88.51 billion. Despite this, JNJ holds a Zacks Rank of #4 (Sell) with a slight EPS estimate decrease over the last month. The stock trades at a forward price-to-earnings (P/E) ratio of 15.9, modestly above the industry average, and a PEG ratio of 2.62, indicating a premium relative to expected earnings growth.

Latest articles

Spirit’s Collapse Could Make Cheap Summer Flights Harder to Find

Spirit’s Collapse Could Make Cheap Summer Flights Harder to Find

22 May 2026
Spirit Airlines’ lawyer apologized in bankruptcy court to travelers “priced entirely out” of air travel after the carrier’s May 2 shutdown. JetBlue and Frontier are adding flights on former Spirit routes, while JetBlue is cutting 11 other routes, including a full exit from Manchester-Boston. Breeze Airways launched new service at Atlantic City, where Spirit flew most flights. Rising jet fuel costs and funding shortfalls triggered Spirit’s collapse.
Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

Lockheed Rolls Out $9 Billion Missile Plan in Alabama, Eyes U.S. Stockpile Rebuild

22 May 2026
Lockheed Martin began construction Thursday on an 87,000-square-foot munitions facility in Troy, Alabama, to expand THAAD interceptor and Next Generation Interceptor production. The project is part of a $9 billion investment to boost missile output amid Pentagon pressure to increase inventories. Lockheed said the new building will nearly double its Troy production space and add jobs over the next three years.
Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

Grab Stock Jumps as Fintech News Focuses Trader Attention on Indonesia

22 May 2026
Grab’s U.S.-listed shares rose 1.6% to $3.56 after the company moved to consolidate Indonesia’s Superbank, raising its stake above 50%. The consolidation will fold Superbank’s results into Grab’s financial-services segment from May 2026. Superbank has over six million customers and assets of 24 trillion rupiah as of April. Grab’s market value stood near $14.1 billion on Thursday.
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