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Mobileye (MBLY) Rebounds 11.55% on Israel-Iran Ceasefire

by Admin
June 24, 2025
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Mobileye (MBLY) Rebounds 11.55% on Israel-Iran Ceasefire
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Mobileye Global Inc. (NASDAQ:MBLY) is one of the 10 Stocks That Stole Today’s Spotlight.

Mobileye Global jumped by 11.55 percent on Monday following President Donald Trump’s announcement that Israel and Iran have agreed on a ceasefire.

The announcement boosted Mobileye Global Inc.’s (NASDAQ:MBLY) share prices, as a company based in Israel that is heavily affected by the conflict.

“It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in progress, final missions!), for 12 hours, at which point the War will be considered, ENDED,” Trump wrote on social media.

Mobileye (MBLY) Rebounds 11.55% on Israel-Iran Ceasefire
Mobileye (MBLY) Rebounds 11.55% on Israel-Iran Ceasefire

A driverless vehicle navigating city traffic, equipped with ADAS and safety features.

As a form of support to its employees, Mobileye Global Inc. (NASDAQ:MBLY) said it has offered financial aid for babysitting services, and food and equipment deliveries, specifically for reservists, their spouses, and spouses of essential workers affected in Israel.

While we acknowledge the potential of MBLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.



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