Mobileye gains on driver monitoring system deal

Mobileye is experiencing a positive market reaction following the announcement of a new deal with a US automaker for its driver monitoring system. This agreement highlights the growing demand for advanced automotive safety technologies and Mobileye's leading position in the autonomous driving and driver assistance sector. The partnership is expected to contribute significantly to Mobileye's revenue and market share. Investors are viewing this development as a strong indicator of the company's future growth prospects and its ability to secure key industry collaborations.