FuboTV stock soared 25% in overnight trading after a 251% rally on Monday. FuboTV and Walt Disney agreed to merge their live TV offerings in a deal that could shake up the sports streaming landscape.
Disney is combining its Hulu + Live TV business with Fubo to form a new streaming platform, the two companies said in a joint press release Monday. Disney will own 70% of the new venture, which will operate under the Fubo name and be run by Fubo CEO David Gandler.
Arbe Robotics Ltd. shares were up 10.75% in overnight trading after soaring 52% in regular session. The company said it was working on artificial-intelligence technology with Nvidia.
Arbe plans in integrating its high-resolution radar with the Nvidia's Drive Agx in-vehicle computing platform for radar-based free space mapping, for use with hands-free driving and real-time safety applications.