$ITRN

2 stories mentioning ITRNUpdated 4d ago

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Ituran Location and Control Gets $7 Million Traffic Monitoring Contract in Israel

Ituran Location and Control (ITRN) said Wednesday that it was awarded a contract valued at over 21 million new Israeli shekels ($7 million) to provide entities of the Israeli Ministry of Transport with a platform for monitoring live traffic behavior.The contract spans up to four years and its first year is guaranteed at 5 million shekels, the company said.Ituran's Big Data platform will analyze anonymized data from more than one million vehicles to provide insights into traffic and driver behavior for use in transport policy and future road investment, the company said.Price: $52.58, Change: $+0.79, Percent Change: +1.53%

$ITRN

Sectors110d ago

Sector Update: Tech Stocks Rise Premarket Tuesday

Technology stocks were rising premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 3.7%.Pony AI (PONY) stock was up 20% after the company raised its 2026 Robotaxi revenue target to more than 3.5 times 2025 levels from a previous target of 3 times, and its year-end Robotaxi fleet size target to more than 3,500 units from 3,000 units.Ouster (OUST) will equip ARGUS Interception's A1-Falke net-based interceptors with its digital sensors, the companies said. Ouster shares were up more than 9% pre-bell.Ituran Location and Control (ITRN) shares were up more than 4% after the company posted higher Q1 earnings and revenue.

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