Key Highlights
- Aurora Innovation surged by 13.03 percent on Wednesday to close at $4.51 apiece, mirroring an overall market optimism ahead of the US central bank’s decision on interest rates.
- The Federal Reserve is set to announce its decision on interest rates on December 10, and economists are placing bets on a 25-basis point rate cut.
- In other news, Aurora Innovation, Inc.
- (NASDAQ:AUR) recently expanded its commercial operations in Texas through the launch of a second route—from Fort Worth to El Paso, following its five autonomous trucks’ successful achievement of the first 100,000 miles of running driverless on public roads.
- The Fort Worth to El Paso route alone spans 600 miles.
