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Jensen Huang Says Nvidia Is Powering Uber's Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities
Benzinga87d agoneutral
Jensen Huang Says Nvidia Is Powering Uber's Push Into Trillion-Dollar Self-Driving Opportunity Across 30 Cities

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang announced the chipmaker’s partnership with ride-hailing giant Uber Technologies Inc. (NYSE:UBER) will target global expansion of Robotaxis in the next two years. 30 Cities With Uber During NVIDIA’s earnings call with investors on Wednesday, Huang shared updates about the company’s self-driving exploits. “Our partnership with Uber will power the robotaxi fleet across nearly 30 cities and 4 continents by 2028,” he shared. Read Also: Blame Nvidia: Your Ne

1 S&P 500 Stock to Research Further and 2 We Brush Off
StockStory87d agoneutral
1 S&P 500 Stock to Research Further and 2 We Brush Off

The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.

Booking CEO Sees AI, Connected Trips Driving Long-Term Travel Growth
MarketBeat87d agoneutral
Booking CEO Sees AI, Connected Trips Driving Long-Term Travel Growth

Booking (NASDAQ:BKNG) Holdings CEO and President Glenn Fogel said the online travel company remains focused on long-term product investment and market-share gains, even as the travel industry faces near-term uncertainty from geopolitical conflict and macroeconomic concerns. Speaking at an investor

David Tepper Hit Micron at the Perfect Moment. His Fund’s Other Holdings Are Also Worth a Look
24/7 Wall St.88d agoneutral
David Tepper Hit Micron at the Perfect Moment. His Fund’s Other Holdings Are Also Worth a Look

David Tepper of Appaloosa Management is already a big name in the hedge fund world. What makes Tepper stand head and shoulders above the crowd at a time like this, though, is his fund’s more recent track record of performance. Indeed, Appaloosa has been making some really outstanding calls, specifically within the AI semi space, ... David Tepper Hit Micron at the Perfect Moment. His Fund’s Other Holdings Are Also Worth a Look

See How SpaceX Is About to Eclipse Every Other Blockbuster IPO
The Wall Street Journal88d agoneutral
See How SpaceX Is About to Eclipse Every Other Blockbuster IPO

SpaceX already defies the law of gravity. The rocket maker is looking to raise as much as $80 billion or more in its initial public offering, making it the biggest ever in terms of funds raised. If its market value at offering reaches $1.71 trillion, that would top the previous record for valuation of a newly public company, set in 2019 by the Saudi Arabian Oil Co., known as Aramco.

Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans
Simply Wall St.88d agoneutral
Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans

Joby Aviation (NYSE:JOBY) has begun maiden flights of its FAA conforming aircraft as it prepares for commercial air taxi services. The company is progressing under the FAA's eVTOL Integration Pilot Program, marking a shift from development toward operational readiness. Partnerships with Uber and Delta Airlines are part of Joby's plan to build out future air taxi networks and customer access. Joby Aviation, listed as NYSE:JOBY, focuses on electric vertical takeoff and landing aircraft aimed...

Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation
Simply Wall St.88d agoneutral
Uber Deepens Delivery Hero Stake As Food Delivery Shapes Valuation

Uber Technologies (NYSE:UBER) has raised its stake in Delivery Hero to 19.5%. The move makes Uber the largest shareholder and gives it a blocking minority in Delivery Hero. The investment signals a stronger push by Uber into global food delivery markets beyond the U.S. Uber Technologies, trading at $74.09, has seen its share price fall 10.6% year to date and 19.4% over the past year, while still showing a 91.6% gain over three years and 46.8% over five years. Against this mixed share price...

Bloomberg89d agoneutral
Uber Boosts Stake in Delivery Hero, Says No Takeover for Now

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla
Bloomberg89d agoneutral
SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

Baidu Q1 Earnings Call Highlights
MarketBeat90d agoneutral
Baidu Q1 Earnings Call Highlights

Baidu (NASDAQ:BIDU) reported a return to revenue growth in its first quarter of 2026, with management emphasizing that artificial intelligence has become the company’s primary growth engine and now accounts for a majority of its general business revenue. Co-founder and Chief Executive Robin Li said

Ulta Beauty Tie-Up and Q1 Results Could Be A Game Changer For Uber Technologies (UBER)
Simply Wall St.90d agoneutral
Ulta Beauty Tie-Up and Q1 Results Could Be A Game Changer For Uber Technologies (UBER)

In early May 2026, Uber Technologies, Inc. reported first-quarter revenue of US$13.20 billion, up from US$11.53 billion a year earlier, while net income fell to US$263 million from US$1.78 billion, and Uber Eats added more than 1,500 Ulta Beauty stores for on-demand retail delivery across the U.S. Taken together with rising Uber One membership and expanding retail and beauty partnerships, these results highlight how Uber is broadening beyond core ride-hailing into a wider everyday services...

Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items
24/7 Wall St.90d agobullish
Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items

When the CEO of America’s largest appliance maker compares today’s demand to the 2008 financial crisis, it’s worth pausing before you swipe for that new fridge. On the latest earnings call, Whirlpool chief Marc Bitzer told investors that “this level of industry decline is similar to what we have observed during the global financial crisis ... Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items

LIRR Strike Set to Snarl NYC Commutes With No Formal Talks Underway
Bloomberg91d agoneutral
LIRR Strike Set to Snarl NYC Commutes With No Formal Talks Underway

(Bloomberg) -- Long Island Rail Road riders are bracing for hourslong Monday-morning commutes as a salary fight between the nation’s busiest commuter rail line and its employees forced a systemwide shutdown, the first in more than 30 years.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenTrump Gets Revenge on Republican Who Voted to Convict HimWHO Ebo

Rivian Uber Robotaxi Deal Recasts EV Maker’s Long Term Story
Simply Wall St.91d agoneutral
Rivian Uber Robotaxi Deal Recasts EV Maker’s Long Term Story

Rivian Automotive (NasdaqGS:RIVN) has secured a multi billion dollar order from Uber for up to 50,000 R2 SUVs. The vehicles are planned to be used as part of Uber's future robotaxi fleet focused on autonomous services. The agreement deepens Rivian's push beyond consumer EVs into commercial and autonomy focused partnerships. Rivian shares last closed at $13.79, with the stock down 3.0% over the past week and down 20.0% over the past month. Over the year to date, the share price is down...

The 5 Most Interesting Analyst Questions From Ibotta’s Q1 Earnings Call
StockStory91d agoneutral
The 5 Most Interesting Analyst Questions From Ibotta’s Q1 Earnings Call

Ibotta’s first quarter performance reflected a mix of improving commercial execution and ongoing product transformation, with management attributing the gradual revenue recovery to efforts in expanding the supply of promotional offers and adding new publisher partners. CEO Bryan Leach emphasized that the sales team’s ability to secure deeper and broader partnerships was central to near-term progress. Additionally, the introduction of exclusive deals with Uber and Giant Eagle highlighted Ibotta’s

Uber Technologies (UBER) Valuation Check After Strong Q1 2026 Results And Uber One Expansion
Simply Wall St.91d agoneutral
Uber Technologies (UBER) Valuation Check After Strong Q1 2026 Results And Uber One Expansion

Uber Technologies (UBER) is back in focus after a busy start to 2026, with strong first quarter results, rapid Uber One membership growth, larger investments in AI and autonomous vehicles, and new retail partnerships. See our latest analysis for Uber Technologies. Recent news around Q1 2026 results, Uber One milestones, and new partnerships has coincided with a 90 day share price return of 7.29%, yet the year to date share price return is down 9.38%. Over a longer horizon, the 3 year total...