🔴 Serve Robotics is trading 5% down with broader market weakness a possible backdrop

Serve Robotics is trading 5.13% lower at $2.87, with broader market weakness a possible backdrop but no confirmed stock-specific cause.

• U.S. stocks were also lower on October 29, as technology shares faced pressure after Alphabet’s results reignited concerns about AI spending and returns.
• Serve Robotics and DoorDash launched their Gold Coast delivery service in Australia on October 29, marking Serve Robotics’ first overseas market. Available reporting does not connect the launch to the share-price drop.