Dubai Police Add Lotus Emeya-S to Luxury Patrol Fleet
Dubai Policehas officially added the fully-electricLotus Emeya-Sto its fleet, reinforcing its commitment to sustainability and innovation in public service. Unveiled during the World Police Summit at Dubai World Trade Centre, the new patrol car will join high-profile duty locations like the Burj Khalifa, Mohammed Bin Rashid Boulevard and JBR.
In terms of performance, the Lotus Emeya-S offers 603 hp, a 0-62 mph sprint in 4.2 seconds, a top speed of 155 mph and a range of up to 372 miles per charge. It also features advanced autonomous driving tech, cutting-edge digital displays and futuristic styling.
The unveiling was led by Expert Major General Khalil Ibrahim Al Mansouri, alongside senior police officials andLotusrepresentative Mr. Ramzi Al Atat. Al Mansouri praised the partnership with Lotus, stating that such vehicles enhance patrol visibility and help officers better engage with residents and tourists.
This latest addition joins other exotic vehicles in the fleet like the recently revealedMANSORY-tuned Rolls-Royce CullinanandLamborghini Urus Performante, making the Dubai Police fleet one of the most exotic in the world.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Stock Market News Review: SPY, QQQ Stumble on Souring Consumer Sentiment as Trump-Putin Summit Kicks Off
Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed in negative territory as investors await updates from a high-stakes summit between President Trump and Russian President Vladimir Putin. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Both leaders have already touched down at the Elmendorf-Richardson military base in Anchorage, Alaska, with discussions underway to end the Russia-Ukraine war. The meeting, initially planned to be a one-on-one event, now consists of three participants from each side. Trump is joined by U.S. Secretary of State Marco Rubio and special envoy Steve Witkoff, while Putin is accompanied by Foreign Minister Sergey Lavrov and foreign policy aide Yury Ushakov. 'All I want to do is set the table for the next meeting, which should happen shortly,' Trump said before taking off to Alaska. Earlier this week, he explained that a second meeting could include Ukrainian President Volodymyr Zelenskyy and other European leaders. Meanwhile, the market received a shock after the University of Michigan's preliminary August Index of Consumer Sentiment showed a reading of 58.6, below the expectation for 62.0 and falling from 61.7 in July. If the reading holds, it would mark the first decline following four consecutive months of increases. 'Overall, consumers are no longer bracing for the worst-case scenario for the economy feared in April when reciprocal tariffs were announced and then paused,' said Surveys of Consumers Director Joanne Hsu. 'However, consumers continue to expect both inflation and unemployment to deteriorate in the future.' In addition, consumers now expect year-ahead inflation of 4.9% compared to 4.5% in July. Long-term inflation expectations jumped to 3.9% from 3.4%. July's elevated Producer Price Index (PPI) and core Consumer Price Index (CPI) add to the evidence that inflation could be mounting a comeback as consumers face higher prices from the Trump administration's tariffs. Import prices are also on the rise, signaling that U.S. trading partners aren't lowering prices in order to offset higher domestic prices. July's import prices rose by 0.4% month-over-month, ahead of the expectation for prices to remain unchanged. Import prices fell by 0.2% year-over-year. On the tariff front, Trump said he would announce the rate for semiconductor imports in the coming weeks, adding that it could be as high as 200% or 300%. That's much higher than the 100% figure he suggested during a White House event with Apple (AAPL) CEO Tim Cook earlier this month.
Yahoo
2 hours ago
- Yahoo
Why Shares of SoundHound Are Soaring Higher This Week
Key Points SoundHound reported strong second-quarter 2025 financial results last week. An analyst upwardly revised his price target on SoundHound stock on Monday. For risk-averse investors, an AI ETF may be a better investment option than SoundHound stock. 10 stocks we like better than SoundHound AI › After climbing 34% last week, shares of SoundHound AI (NASDAQ: SOUN) are maintaining their upward trajectory. The company reported strong second-quarter 2025 financial results last week, and investors seem intent on continuing to pick up shares of the artificial intelligence (AI) company, while an analyst's optimistic outlook on the stock from earlier this week is contributing to investors' ebullience. According to data provided by S&P Global Market Intelligence, shares of SoundHound have risen 21.3% from the end of trading last Friday through 3:32 p.m. ET on Thursday. An analyst's favorable opinion is music to investors' ears On Monday, investors learned that they weren't the only ones enthusiastic about SoundHound's Q2 2025 financial results. Ladenburg analyst Glenn Mattson upgraded SoundHound stock to buy from neutral and hiked his price target to $16 from $9. With shares of SoundHound closing at $13.55 last Friday, Mattson's price target implies upside of 18.1%. According to The Fly, Ladenburg predicates its view on SoundHound on the belief that the company is adding value to companies seeking to integrate AI functionality, and the company is demonstrating strong growth potential in the near term. Last week, SoundHound reported impressive second-quarter 2025 financial results. In addition to revenue growing 217% year over year, SoundHound reported non-GAAP (generally accepted accounting principles) earnings per share of negative $0.03, beating analysts' expectations. With shares rocketing higher over the past two weeks, is it too late to buy SoundHound stock now? For innovative companies such as SoundHound, there's often volatility in the stock prices as investors wrestle with the company's growth into a more mature company. The recent rise shouldn't dissuade those interested in SoundHound stock. While notable over the past couple of weeks, shares are still down about 16% since the start of the year as of this writing. Volatility is sure to continue with SoundHound stock, so those who are looking to gain AI exposure, yet have a low risk tolerance, may be more interested in an AI exchange-traded fund. Should you buy stock in SoundHound AI right now? Before you buy stock in SoundHound AI, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and SoundHound AI wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Shares of SoundHound Are Soaring Higher This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
2 hours ago
- Business Insider
Short Report: Kohls, Krispy Kreme shorts cover as meme stock fever breaks
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was up 2.0%, the Nasdaq Composite was up 2.2%, the Russell 2000 index up 3.7%, the Russell 2000 Growth ETF (IWO) was up 3.2%, and the Russell 2000 Value ETF (IWN) was up 4.4% in the five-day trading session range through August 14. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. SHORT INTEREST GAINERS Ortex-reported short interest in Apellis Pharmaceuticals (APLS) had troughed around 21% since the final week of July, though with the stock sharply higher following the release of the company's Q2 results – and with price action sustaining the upward surge – bears are looking for some profit-taking among the momentum-driven players. This week, shorts as a percentage of free float jumped from 21.2% to 21.1% – a three-week high. Days-to-cover on the name rose by a more modest margin from 2.6 to 2.8, capped by outsized volume seen the day after the company reported results. The stock, meanwhile, was up 13.5% in the five-day period covered through Thursday and has now rallied 45% since reported a narrower than expected Q2 loss, though year-to-date, Apellis is still down 11%. Ortex-reported short interest in financial technology firm Pagaya Technologies (PGY) troughed at a four-month low of 19% early last week as bears – tracking profit-taking from the stock-jolting pre-announcement on July 17 – reduced exposure when the company's final Q2 result also contained a guidance raise. This week however, with momentum on the name seemingly stalling, shorts as a percentage of free float is on the rise again, jumping from 19.2% to 25.4%. Pagaya shares have now rallied 270% year-to-date and the stock is also up 42% relative to its positive pre-announcement levels, though in the five-day period covered, shares are up a more modest 9.5%. Ortex-reported short interest in Mara Holdings (MARA) inflected higher around 24% on three separate occasions in May, June, and July, though this week, the bounce from that level has been especially pronounced. Shorts as a percentage of free float on the bitcoin miner – now a holder of 50,000 BTC as of July – jumped from 24.6% to 29.0%, the highest level since early April and within two points of 2025 highs. Curiously, the stock has vastly underperformed the cryptocurrency since mid-July. Prior to July 17 and that week's passage of the Genius Act, Mara Holdings' 19% gain closely tracked bitcoin's 25% 2025 advance, though since then, the stock is down about 20% while bitcoin is relatively flat. This week, shares of Mara were down by about 1% even as bitcoin briefly hit record highs above $124,000. Ortex-reported short interest in Kohls (KSS) hit record high of about 53% on July 22, when a 'meme stock frenzy' among retail traders doubled the stock of this floundering retailer chain intraday. Since then, however, bears have briskly covered positions as the meme fever broke and this week the short interest as a percentage of free float on the name dove from 41.8% to a 15-month low of 29.8%. The stock was up 28% in the five-day period covered, though year-to-date – inclusive of Friday's 4% slide – Kohl's is down 1%. Ortex-reported short interest in Krispy Kreme (DNUT) had similarly rose to multi-month highs around 35% on retail meme stock fever day on July 22, only to retreat over the next couple of weeks before collapsing into the weekend this week. Short interest as a percentage of free float was down from 31.8% to 27.3% in the five-day period covered – a three-month low. The stock was also up 10% in the five-day period through Thursday but still down a hefty 65% year-to-date.
