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9th VivaTech - Viva Technology: Day One
Jensen Huang poses next to the open foundation model for generalized humanoid robot Nvidia Isaac GR00T N1 (Chesnot/Getty Images)

A tiny robotics company is more than tripling after drawing attention to its relationship with Nvidia

Shares of Cyngn are going parabolic, with higher volumes in less than 15 minutes on Thursday than the rest of 2025 combined.

Luke Kawa
6/26/25 9:00AM

This is one helluva Jensen Huang halo effect:

Tiny industrial robotics company Cyngn Inc. is going parabolic on Thursday. It was up more than 300% at one point and halted for volatility after trumpeting its relationship with the biggest publicly traded company in the world: AI juggernaut Nvidia.

“Cyngn Inc. today announced its collaboration with NVIDIA as part of the Automatica 2025 robotics and automation showcase,” per the press release. “As featured in NVIDIA’s recent blog post, Cyngn was selected among a handful of robotics innovators using NVIDIA Isaac technologies to accelerate safe, scalable autonomy across dynamic, real-world environments.”

That blog post from Nvidia on Tuesday shouted out Cyngn as one of many robotics “leaders” deploying its technology. It was the first time the firm had been mentioned on Nvidia’s website, but the ramp in Cyngn didn’t really start until Wednesday’s session was nearly over.

Cyngn has generated less than $3 million in revenue over its lifetime as a publicly traded company, but has now seen its market cap surge to above $35 million. Over 44 million shares have changed hands less than 15 minutes into today’s session, which is more volume than every other session in 2025 combined.

It’s eerily reminiscent of what happened with Navitas Semiconductor, which surged in late May under similar circumstances after drawing more attention to the fact that it had earned a place in Nvidia’s supply chain.

I repeat:

How in the world isn’t some algorithm scraping all of Nvidia’s corporate sites for mentions of companies and taking positions in stocks that had no previously disclosed relationship with the semi designer giant?!?! That developer blog, again, was published on Tuesday.

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Warner Bros. Discovery jumps after Wells Fargo ups price target on dealmaking buzz

Warner Bros. Discovery shares popped 7% Tuesday after Wells Fargo raised its price target on the media giant to $14 from $13 while keeping an equal-weight rating.

The bank’s optimism stemmed largely from the media giant’s potential for dealmaking. In June, WBD announced that it would split its operations into two companies, with the Streaming & Studios division (home to Warner Bros. Television, DC Studios, HBO, and Max) standing alone from the networks side (CNN, TNT Sports, and Discovery).

That separation could make the Streaming & Studios unit more attractive to buyers, the analysts said. They valued the segment at about $65 billion, which could translate to a takeover price north of $21 a share. Potential suitors range from Amazon and Apple to Sony and Comcast, though analysts flagged Netflix as the “most compelling” option despite its limited acquisition track record:

“While NFLX has historically not been acquisitive, [streaming and studios’] $12bn in annual content spend + library + 100+ acre studio lot offers a lot. It kickstarts a theatrical IP strategy, quickly scales video games and most importantly provides premium content to members.”

At Goldman Sachs’ Communacopia + Technology Conference this week, CEO David Zaslav also highlighted growing traction at HBO Max and hinted at future crackdowns on password sharing.

WBD shares are up 26% year to date, and up more than 93% over the past 12 months.

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Duolingo up on bullish note, hopes for a user rebound

Duolingo rose by the most in nearly a month after an analyst note painted a more bullish picture of the gamified language-learning company despite a dearth of news otherwise.

A quick check-in with analysts covering the stock on Wall Street found most of them otherwise flummoxed on the reason behind the uptick Thursday.

Some, however, suggested the rise may reflect optimism that the company has been able to reverse a monthslong downturn in daily active user metrics — a slump that set in after a social media backlash to a somewhat artless LinkedIn post from the company about its AI first strategy.

The bullish analyst note, published Thursday by Citizens JMP, suggested Duolingo could be a big beneficiary from a change to Apple’s rules governing its App Store driven by a ruling on a federal antitrust case against the company. The analysts wrote:

Given “Apple’s recent changes to U.S. App Store rules that allow developers to steer payments to the web where fees are similar to typical credit card fees rather than Apple’s 30% fee for in-app purchases and 30% fee on subscriptions for the first year and 15% thereafter, we expect mobile app companies including Duolingo, Life360, and Grindr Inc. to unlock meaningful cost benefits.”

At any rate, the next big event on the company’s calendar is its Duocon 2025 conference on Tuesday, where analysts are hoping to hear more hard information on all of the above topics.

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Jeep maker Stellantis surges as CEO says the automaker is in productive tariff talks with the US

Shares of Jeep and Dodge maker Stellantis are up more than 8% in Thursday afternoon trading, following comments from the automaker’s new CEO, Antonio Filosa, at a European auto conference.

On tariffs, Filosa said that Stellantis has had a “very productive exchange of ideas” with the Trump administration on the company’s manufacturing footprint and that the environment around the levies is “getting clearer and clearer.”

The US is Stellantis’ top priority, according to Filosa, and the company has taken efforts to turn things around in the market, where its struggled with sales in recent years. To fuel the turnaround, Stellantis is bringing back its popular Jeep Cherokee, which it discontinued in 2023.

As of 12:45 p.m. ET, Stellantis’ trading volume was at more than 140% of its average over the past 30 days.

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