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(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families
Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.
On-demand food delivery service DoorDash (NASDAQ:DASH) will be announcing earnings results this Wednesday after market close. Here’s what you need to know.
Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...
Bank of America recommends purchasing select stocks, including Spotify, Ralph Lauren, RB Global, DoorDash, and Cisco Systems, ahead of their quarterly financial releases.
Amazon.com (NASDAQ:AMZN) reported second-quarter revenue of $200.6 billion, up 20% year over year excluding foreign-exchange effects, while operating income rose 43% to $27.5 billion. CEO Andy Jassy highlighted accelerating growth at Amazon Web Services, expansion in faster retail delivery and groce
DoorDash just secured federal clearance to fly its own delivery drones commercially, but a persistent trust gap with the American public may prove harder to clear than any regulatory hurdle.
DoorDash on Wednesday launched its in-house drone-delivery program, DoorDash Air, after securing a U.S. Federal Aviation Administration certification to operate commercial drone deliveries in the U.S. The move marks the food-delivery company's push into autonomous delivery as it looks to reduce reliance on human couriers and expand its logistics network. • The program was developed by DoorDash Labs, its robotics and autonomy unit, and will eventually be integrated into its delivery app, according to a TechCrunch report.
Investing.com -- DoorDash (NYSE: DASH) is taking to the skies. The logistics leader announced today that it has received Part 135 air carrier certification from the Federal Aviation Administration (FAA), clearance that authorizes the company to commercially operate its own autonomous drone fleet. The new service, dubbed DoorDash Air, was engineered entirely in-house by DoorDash Labs, the company’s internal robotics and autonomy division. To earn the elite designation—held by only seven other ope
DoorDash for years has rushed online orders from burritos to cold medicine to customers’ homes via bike couriers and drivers. Now the delivery provider is adding a new mode of transport: air. DoorDash on Wednesday said it has secured a key certification from the Federal Aviation Administration to make commercial deliveries using drones.
(Bloomberg) -- The rapidly increasing global competitiveness of China’s artificial intelligence models is ringing alarm bells in Washington, posing a new test for the standard protectionist playbook.Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftTreasury F
Domino's Pizza Inc (DPZ) sees robust order growth and global expansion, despite facing competitive pressures and economic headwinds.
DoorDash is expected to announce its second-quarter earnings in August, and Wall Street forecasts a double-digit decrease in its bottom line.
July 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition. The transaction continues a consolidation spurred by a slowdown in orders from the pandemic peaks as well as pressure to improve margins. Here are details on how the food-delivery companies stack up globally: Company Region Revenue Employees Market Notes cap DoorDash USA/Global $13.71 billion 31,400 $82.86 Purchased in fiscal 2025 employees billio Deliveroo for worldwide, n $3.9 billion as of in 2025 December 31, 2025 Meituan China 364.85 billion 111,298 $68.70 About 3.3% yuan ($53.91 full-time billio o...
DoorDash (NASDAQ: DASH) is the direct beneficiary of this development, as dd-cli creates a new programmatic ordering channel that could meaningfully expand transaction volume beyond the consumer app by embedding DoorDash's marketplace into AI-driven workflows.
Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.
(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
BEIJING, June 30 (Reuters) - China's food delivery giant Meituan said on Tuesday it had released and would open-source its next-generation LongCat large language model, claiming it is the world's first trillion-parameter AI system trained and run entirely on a 50,000-chip cluster powered by Chinese-made processors. Meituan, often compared to DoorDash, is a late entrant to China's crowded and well-funded AI sector, where rivals include DeepSeek and ByteDance's Doubao.
Pizza chains once owned a reliable American ritual: a sit-down dinner under a red-roofed Pizza Hut or a predictable Domino’s delivery on a lazy TV night. The growing American appetite for chain pizza made Domino’s Pizza one of the best restaurant stocks to own for decades.
Dollar General's (DG) core lower- and middle-income consumers are under pressure amid sticky inflati
Taco Bell, DoorDash and Cricket Wireless have used the marketing tactic, but in some cases it has raised questions about the authenticity of viral moments.
Cathie Wood built a controversial reputation through high-conviction, concentrated bets on disruptive technologies. Electric air taxis were one of those bets, with Archer Aviation (ACHR) being among her biggest. That changed on Monday, June 8, 2026. Wood's firm, ARK Invest, sold 2,222,392 shares of ...
(Bloomberg) -- DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks S
Few companies have managed to weave themselves as deeply into the fabric of everyday life as Walmart. Need groceries? Walmart has them. A refill on your prescription? Walmart can take care of it. A new outfit for that upcoming event, supplies for that new family pet, or a restock on household ...
Ordering through platforms like DoorDash or Uber Eats costs nearly 80% more on average than picking up, a LendingTree study found. Service fees, delivery charges, and inflated menu prices all add up on the final bill, often without a clear explanation of where each dollar goes. The Federal Trade ...
Investing.com -- Domino’s Pizza (NYSE: DPZ) and Casey’s General Stores (NASDAQ: CASY) are emerging as the biggest winners in the battle for pizza market share, according to a Bank of America analysis of the U.S. quick-service restaurant pizza market.
Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.