However, the company said that the study does not prove statistical significance and only involves a single administration of the antibody.
Volkswagen is partnering with Valeo and Mobileye to enhance its driver assistance systems to Level 2+ in upcoming models built on the MQB platform.
BofA said it sees Mobileye’s 2025 guidance, which missed estimates, as offering stability despite cautious views on growth and profitability.
The flooring company reported adjusted earnings of $1.95 per share for the three months ended Dec. 31, compared with the average analysts’ estimate of $1.85 per share.
Both companies have indicated they will likely pursue legal action once the deal is formally blocked.