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China's Pony.ai plans to deploy over 4,000 robotaxis abroad, reported Q2 revenue up 68.8% to $36.2 million
The Chinese autonomous driving company aims to accelerate its expansion beyond China, with a pipeline of planned and potential overseas robotaxi deployments exceeding 4,000 vehicles. Last week, Pony.a
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Claude AI initiates position in Uber (UBER), buying 75 shares at $76.17, calling the stock 'boring, not broken'.
The AI model, participating in the Rallies Arena public experiment, cited Uber's P/E of 16x, approximately $10 billion in trailing twelve-month operating cash flow, strong revenue growth, and 202 mill
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Uber CEO sees drones accelerating Uber Eats growth, targets 1M daily drone deliveries with Zipline by end of 2029, and plans to invest in Zipline
Uber CEO sees drones accelerating Uber Eats growth, targets 1M daily drone deliveries with Zipline by end of 2029, and plans to invest in Zipline
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Deutsche Bank raises target price for Chinese autonomous driving company Momenta; Pony.ai partners with Uber to expand robotaxi services in Europe.
Analysts at Deutsche Bank published a research report on Monday, raising the target price for Chinese autonomous driving company Momenta, calling it the "world's largest independent autonomous driving
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Uber CEO Dara Khosrowshahi says autonomous vehicles could be active in 15 cities by end of 2026, plans to deploy $10 billion to partners
Uber CEO Dara Khosrowshahi said autonomous vehicles could be active in 15 cities by the end of 2026, more than double the current seven cities. He also told shareholders that Uber plans to deploy appr
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Uber partners with China's Pony.ai, plans to deploy 2,000 autonomous robotaxis in Europe and expand into the Middle East
Uber and Chinese autonomous driving company Pony.ai announced that they will cooperate to deploy 2,000 autonomous taxis in Europe, with plans to expand the partnership to the Middle East. Previously,
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Billionaire investors Bill Ackman, David Tepper, Li Lu, and Warren Buffett converged on Amazon, Alphabet, and Uber in Q1 2026, drawn by their high-ROE platform businesses with AI optionality
According to Q1 2026 13F filings, Bill Ackman's Pershing Square held Amazon at 17.4% and Uber at 15.7% of its portfolio. David Tepper's Appaloosa added to both Amazon (15.2%) and Uber (7.7%). Li Lu's
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Bybit Lists UBERUSDT Perpetual Contract with Up to 25x Leverage
Bybit Lists UBERUSDT Perpetual Contract with Up to 25x Leverage
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Uber (UBER) Q3 booking guidance misses expectations, stock falls 4%; CEO bets on robotaxis to drive overall business growth
Uber announced its second-quarter results, with bookings and profit exceeding expectations. However, its third-quarter gross bookings guidance of $58.25 billion to $60.25 billion, with a midpoint of $
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Uber shares fall after earnings report
Uber shares fall after earnings report
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Kalshi CEO Tarek Mansour invoked Nasdaq, Uber, and Airbnb in his defense against a New York lawsuit
Mansour stated during a CNBC interview that the lawsuit could be 'copy and pasted' and filed against Nasdaq, implying the suit's broad applicability.
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Rivian (RIVN) shares have outperformed the NVIDIA over the past six months due to the company's heavy investment in AI-powered autonomous driving technology.
Shares of electric vehicle manufacturer Rivian (RIVN) have outperformed the NVIDIA over the past six months, largely due to its massive investments in artificial intelligence (AI), particularly in aut
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South Korea's antitrust regulator opens preliminary review of Uber's planned $13.7B acquisition of Delivery Hero
The deal would give Uber control of Baemin, Korea's leading food delivery app. The Korea Fair Trade Commission stated that Uber requested the voluntary review ahead of its formal merger filing to asse
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Yahoo Finance Analysis: Uber Technologies is projected to achieve $52 billion in revenue and $10.1 billion in net profit for fiscal year 2025, outperforming Carnival in both growth and cash flow, and is recommended as a superior consumer stock for 2026.
Yahoo Finance analysis indicates that Uber Technologies' revenue for fiscal year 2025 reached $52 billion, a year-over-year increase of over 18.3%, with net profit nearing $10.1 billion. In contrast,
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Yahoo Finance Analysis: Uber Technologies is a better consumer stock buy than Dutch Bros in 2026.
Yahoo Finance analysis suggests that Uber Technologies (NYSE:UBER) offers better investment value than coffee chain Dutch Bros (NYSE:BROS) in 2026. The analysis posits that Uber's business scale and g
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Yahoo Finance analysis: Rivian is a better EV stock buy than Lucid, leading in scaling manufacturing and low-cost models.
The article highlights that Rivian launched its R2 SUV with a starting price of around $45,000 and plans to release even lower-priced R3 and R3X models, positioning it for mass sales. In contrast, Luc
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Uber shares trade 44% below Wall Street consensus target; Evercore analyst Mark Mahaney sees stock nearly doubling to $150
Uber shares are trading at $71.10, well below the Wall Street consensus 12-month price target of $102.13. Evercore ISI analyst Mark Mahaney, whose $150 price target stands as the active Street high, b
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Bill Ackman's Pershing Square Capital Management increased its Uber Technologies (NYSE: UBER) position by 14% last quarter, making it the largest holding at nearly 13% of the portfolio.
Bill Ackman's Pershing Square Capital Management increased its Uber Technologies (NYSE: UBER) position by 14% last quarter, making it the largest holding at nearly 13% of the portfolio.
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Uber to invest up to $1.25 billion in Rivian for autonomous robotaxi joint venture, with the first 10,000 R2 robotaxis planned for deployment in San Francisco and Miami in 2028.
Uber (NYSE: UBER) plans to invest up to $1.25 billion in electric vehicle manufacturer Rivian (NASDAQ: RIVN) by 2031, contingent on Rivian achieving specific conditions and milestones. The joint ventu
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Uber rival inDrive scales beyond ride-hailing into advertising, delivery, and financial services, with ads now in 25 markets and financial loans up 118% in H1 2026
Uber rival inDrive scales beyond ride-hailing into advertising, delivery, and financial services, with ads now in 25 markets and financial loans up 118% in H1 2026
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Uber Stock Falls As Wall Street Sizes Up Tesla's Cybercab Rollout
Uber Technologies (UBER) stock fell on Tuesday, despite Wall Street analysts offering positive takes on the company's efforts to fend off competition. The decline comes as Wall Street assesses the com
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BMO Capital reiterates Buy on Uber, sees significant AV market opportunity
BMO Capital analyst Brian Pitz reiterated a "Buy" rating on Uber Technologies (UBER) with a $119 price target, highlighting the company's evolving autonomous vehicle (AV) strategy as a significant dri
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Uber founder Travis Kalanick's Atoms company may enter the robotaxi business.
Atoms is preparing for a major hiring and acquisition spree to become a dominant player in the autonomous vehicle industry, the Financial Times reported. The report also noted that Atoms has discussed
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Uber is laying off approximately 3,300 employees globally, accounting for 10% of its worldwide workforce, and increasing its investment in robotaxis by over $10 billion.
Uber Technologies (UBER) announced on September 2nd that it would lay off approximately 3,300 employees globally, representing about 10% of its total global workforce, and cut 20% of its management la
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Uber to cease operations in Nigeria and Uganda from September 2, ending 12 years in Africa's largest market.
Uber Technologies (UBER) has ceased operations in Nigeria and Uganda as of Wednesday, September 2, ending its 12-year presence in Nigeria, Africa's most populous nation. The company stated that this w
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Motley Fool analysis suggests Rivian is a better stock than Lucid, citing its significantly stronger liquidity position which reduces shareholder dilution risk.
The analysis highlights that Rivian ended Q2 2026 with approximately $7.2 billion in liquidity after a recent capital raise, and expects an additional $1.4 billion from its partnership with Volkswagen
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Uber Allies With Drivers Union to Slow Rollout of Self-Driving Taxis
Uber acknowledges its pro-worker stance may seem "ironic" after years of conflict with drivers.
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Uber shuts operations in Nigeria and Uganda with immediate effect
Uber announced it is closing its ride-hailing operations in Nigeria and Uganda, effective immediately, after a thorough business review. The company began operating in Nigeria in 2014 and Uganda in 20
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Delivery Hero board backs Uber's $14.8 billion takeover bid
The Berlin-based food delivery company's management and supervisory boards independently reviewed the offer and deemed it to be in the best interest of the company and its stakeholders, urging shareho
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Uber lays off 3,300 employees, 10% of its total workforce, marking its largest round of layoffs since the pandemic.
Uber CEO Dara Khosrowshahi stated in a memo on Wednesday that the layoffs are aimed at streamlining management layers and simplifying team structures, with the goal of "building the future of autonomo
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Uber to cut 3,300 jobs in overhaul to reduce management layers
Uber to cut 3,300 jobs in overhaul to reduce management layers
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Morgan Stanley upgraded Robinhood (HOOD) to "Overweight" with a price target of $150; Rosenblatt initiated coverage on Uber (UBER) with a "Buy" rating and a price target of $100.
Morgan Stanley upgraded Robinhood from "Equal-weight" to "Overweight," raising its price target from $124 to $150, citing increasing evidence that Robinhood's broader product capabilities are improvin
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Delivery Hero raises 2026 outlook, now expects 9%-11% GMV growth and adjusted EBITDA of €960M-€1B, following strong H1 performance and accelerated Q2 GMV growth
Delivery Hero also reported that its second-quarter GMV growth accelerated to 11.3% like-for-like. The company's "Everyday App" strategy is gaining traction, with Quick Commerce GMV up 32% and subscri
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Pony AI Reports Q2 2026 Revenue Surged 69% YoY, Robotaxi Fleet Reaches 2,000 Vehicles
The autonomous driving company's robotaxi revenue jumped nearly 8x, with fare charging revenue surging over 9x. Pony AI also secured over 4,000 vehicle commitments with Uber and other overseas partner
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Bill Ackman's Pershing Square Capital Management bought Netflix and increased its stake in Uber in the second quarter, despite the two stocks falling 33% and 18% respectively over the past year.
Bill Ackman's Pershing Square Capital Management bought Netflix (NFLX) stock and increased its stake in Uber (UBER) in the second quarter. Netflix is down 33% over the past year, while Uber is down 18
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Tesla shares rose after Nevada approved Tesla, Uber, and Waymo to deploy up to 7,000 robotaxis in Clark County
Tesla shares rose after Nevada approved Tesla, Uber, and Waymo to deploy up to 7,000 robotaxis in Clark County
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Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
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Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
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The Federal Reserve maintained interest rates, with a 10-2 vote. Lisa Cook and Beth Hammack voted in favor of a rate hike.
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President Trump returns to Ohio, highlighting over $100 billion in private investment attracted to the state during his term.
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A Boston office building was sold at a foreclosure auction for one-third of its 2019 price, representing a discount of approximately $546 million.
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