Mobileye to acquire robot company Mentee, First Solar rating downgraded

CoinNetwork · 2026-01-07T19:29:11+00:00

The news of Mentee being acquired for $900 million boosted Mobileye's stock price, marking its expansion into the robotics field. Meanwhile, First Solar's stock fell 9% due to a downgrade. MicroStrategy's stock rose as MSCI paused its plan to remove digital asset-backed companies, but analysts noted that it still remains influenced by Bitcoin market sentiment.

CoinNetwork

2026-01-07 19:29:11

Abstract generation in progress

Boosted by the news of a $900 million acquisition of humanoid robot startup Mentee, Mobileye (MBLY) shares soared. Mentee was founded by Mobileye’s founder; although Mentee currently has no products on the market, this move marks Mobileye’s expansion from automotive vision technology into the robotics field. Meanwhile, First Solar (FSLR) shares fell 9% after Jefferies (Jefferies) downgraded its rating to “Hold,” citing tariff risks, lack of order visibility, and technical resistance despite previous gains. On the other hand, MicroStrategy (MSTR) shares rose following MSCI’s suspension of plans to remove debt companies backed by digital assets from its indices, alleviating concerns about short-term outflows from passive funds. However, analysts pointed out that MSTR’s stock price remains a leverage indicator of Bitcoin market sentiment rather than a driver of its performance through index inclusion.

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