Zaid Admani

You know, I'll occasionally use Grok, especially if I'm on Twitter, but it's not something that I'm using on a day-to-day basis.

I do think that Grok has a pretty significant uphill battle when it comes to ChatGPT and Gemini.

Now, pretty good fun fact here.

I actually went to high school with one of the co-founders of XAI.

Shout out to my man, Greg.

Now, I wouldn't say that we were close friends, but we did have a lot of the same classes and I did give Greg a ride home once.

So Greg, if you want to return the favor 15 years later, it'd be great to have you on the rundown.

Mobilized shares are jumping after the chip maker for self-driving cars acquired a humanoid robotics firm called Menti for 900 million dollars.

Mobileye says that Menti will operate as a separate division.

And the goal here is to help accelerate Menti's path to market.

Company expects a proof of concept robot to come out in 2026 with commercial sales targeted for 2028.

Now we talked about Mobileye earlier this week.

Their main business is making AI chips for self-driving cars.

So if they're already building AI chips that help machines see, think, and move, well, then it kind of makes sense for them to get into the robotics business as well.

Investors are clearly on board with this vision.

Mobilized shares are up more than 10% this morning on this news and up nearly 30% to start the year.

Now, on the flip side, Decker's Outdoors, the parent company of Hoka, is sliding this morning after getting hit with multiple analyst downgrades.

Both

Baird and Piper Sandler downgraded the stock, pointing to a weaker outlook for Hoka, which has been the main growth engine for the company.

Hoka's revenues grew 11% last quarter, which is a big slowdown compared to the 34% growth Hoka posted in the same quarter in 2024.