Tech companies, or technology companies, are businesses that focus on the development, manufacturing, and distribution of technology products, services, or solutions. These companies can operate in various sectors, including software, hardware, electronics, telecommunications, and internet services. The defining characteristic of tech companies is their emphasis on innovation and the use of advanced technology to meet consumer or business needs. Tech companies range from large corporations, like Apple and Google, to small startups that may specialize in niche technology verticals. They play a crucial role in driving economic growth, facilitating communication, enhancing productivity, and influencing various aspects of everyday life through technological advancements. The sector is known for its rapid pace of change and the continuous evolution of its products and business models.
**Serve Robotics Inc. (SERV)** has recently attracted interest with its fleet of autonomous delivery robots. However, new analyses show that the company may be struggling in key financial areas, casting…