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News 2026-07-23 16:06 UTC

Mobileye Announces CEO Exit, Warns of Softer Third-Quarter Revenue

Mobileye Global Inc. (NASDAQ: MBLY ) stock fell Thursday after the autonomous driving technology company reported second-quarter results, announced a planned CEO transition and issued an outlook that pointed to lower third-quarter revenue. Earnings Beat Expectations Revenue was $508 million, roughly flat from a year ea