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Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve
Insider Monkey30d agoneutral
Stellantis (STLA) Makes a Bold Autonomous Driving Move With Uber and Wayve

With a short percentage of shares outstanding of 2.90%, Stellantis N.V. (NYSE:STLA) is among the 7 Best Fusion Energy Development Stocks to Buy. On June 17, Stellantis N.V. (NYSE:STLA), Wayve, and Uber announced a strategic partnership to explore the development and large-scale deployment of Level 4 autonomous robotaxis. The collaboration combines Stellantis’ Level 4-ready vehicle platforms, Wayve’s […]

Bloomberg31d agoneutral
Self-Driving Startup Turing Gets AMD Backing, Adopts AMD GPUs

(Bloomberg) -- Self-driving tech developer Turing Inc. has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices Inc.'s AI accelerators in its systems.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil's Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So E

Bloomberg31d agoneutral
Self-Driving Startup Turing Gets AMD Backing, Adopts AMD GPUs

(Bloomberg) -- Self-driving tech developer Turing Inc. has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices Inc.’s AI accelerators in its systems.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So E

Is Amazon.com, Inc. (AMZN) One of the Best AI and Technology Stocks to Buy Now?
Insider Monkey32d agobullish
Is Amazon.com, Inc. (AMZN) One of the Best AI and Technology Stocks to Buy Now?

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best AI and Technology Stocks to Buy Now. On June 18, Bloomberg reported that the company plans to sell its custom-made AI chips for use in other companies’ data centers. This is a critical expansion of its efforts to cut into AI-giant Nvidia’s dominance. Peter DeSantis, Amazon.com, Inc. (NASDAQ:AMZN)’s AI chief, […]

WeRide (WRD), Uber (UBER) Announce Commercial Robotaxi Launch in Zurich
Insider Monkey32d agoneutral
WeRide (WRD), Uber (UBER) Announce Commercial Robotaxi Launch in Zurich

WeRide Inc. (NASDAQ:WRD) is one of the best new tech stocks to buy according to analysts. On June 17, WeRide and Uber announced plans to launch commercial robotaxi services in the Greater Zurich Region later this year. Subject to regulatory approval, the service will be accessible through the Uber app, marking the companies’ second joint […]

Tokenmaxxing is out, but companies are still spending on AI. What's changed?
Yahoo Finance Video33d agoneutralVIDEO
Tokenmaxxing is out, but companies are still spending on AI. What's changed?

In just a short amount of time, corporate policy on "tokenmaxxing" — or excessively using AI models to inflate usage on internal leaderboards — has already peaked and valleyed. After seeing their bill for AI tokens, many companies have shifted toward a more efficient outlook on AI spending. Tabs CEO Ali Hussain discusses what's changed within corporate AI pricing and what this pivot may mean for OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) ahead of their mega-IPOs.

Lucid Group (LCID) Is Up 28.7% After Deep Cost Cuts And Index Shift - Has The Bull Case Changed?
Simply Wall St.34d agobearish
Lucid Group (LCID) Is Up 28.7% After Deep Cost Cuts And Index Shift - Has The Bull Case Changed?

In late June 2026, Lucid Group announced an 18% reduction of its U.S. workforce, eliminated the second production shift at its AMP-1 factory, and removed the Chief Operating Officer role, aiming to streamline operations and cut about US$158 million in annual costs while incurring roughly US$32 million in severance and related charges. These moves, combined with Lucid’s reclassification into several Russell small-cap and growth indexes, highlight a company in transition as it realigns...

Uber-backed Lime's muted Nasdaq debut caps comeback 'from death'
Pitchbook35d agoneutral
Uber-backed Lime's muted Nasdaq debut caps comeback 'from death'

A Lime electric scooter parked in San Francisco. Gado/Getty Images Lime, the debt-laden micromobility company backed by Uber, had a muted Nasdaq debut Wednesday, closing 4% above its IPO price at $26.02. The debut is a bellwether for how public investors value micromobility—and a Hail Mary for Lime, which warned it would be forced into bankruptcy without a public listing. Notably, Bird, once valued at roughly $2.85 billion and one of Lime’s main scooter-rental rivals, filed for Chapter 11 bankru

Tesla’s Margin Expansion vs. Rivian’s R2 Bet: Two Paths to EV Dominance, One Winner
24/7 Wall St.35d agoneutral
Tesla’s Margin Expansion vs. Rivian’s R2 Bet: Two Paths to EV Dominance, One Winner

Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both posted Q1 2026 results that beat Wall Street estimates, yet the businesses underneath are on opposite ends of the EV maturity curve. Tesla flexed margin expansion and AI ambition. Rivian leaned on partnerships and a fresh product launch to bridge to profitability. Comparing them now, with R2 ... Tesla’s Margin Expansion vs. Rivian’s R2 Bet: Two Paths to EV Dominance, One Winner

Will NXP (NXPI)ʼs New Investor Relations Leader Subtly Reframe Its Automotive and AI-Edge Story?
Simply Wall St.35d agoneutral
Will NXP (NXPI)ʼs New Investor Relations Leader Subtly Reframe Its Automotive and AI-Edge Story?

In June 2026, NXP Semiconductors N.V. announced that longtime Senior Vice President of Investor Relations Jeff Palmer will retire after 16 years, with former Uber Global Head of FP&A and Corporate Finance Mike Lucarelli set to assume the Investor Relations role from the third-quarter 2026 earnings cycle while Palmer remains as an advisor into early 2027. This transition brings together deep semiconductor investor relations experience and large-cap technology finance expertise, potentially...

Price Prediction: Uber Stock Will Double on This Date
24/7 Wall St.35d agoneutral
Price Prediction: Uber Stock Will Double on This Date

Uber (NYSE:UBER) has become a growth story firing on every cylinder while its stock quietly bleeds. Gross Bookings hit $53.72 billion in Q1 2026, trips grew 20% year over year, and Uber One crossed 50 million members. Yet shares trade at $72.16, down 22.66% over the past year. Can Uber shares double to $150 by ... Price Prediction: Uber Stock Will Double on This Date

Wayve courts automakers with AI driving system that learns like humans
Reuters35d agoneutral
Wayve courts automakers with AI driving system that learns like humans

Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve said it will deploy its system in robotaxis ‌from Jeep maker Stellantis, to go on Uber's ride-hailing network.

Uber (UBER) Stock Looks Cheap On Earnings But Weaker On Risk
Simply Wall St.35d agoneutral
Uber (UBER) Stock Looks Cheap On Earnings But Weaker On Risk

Uber Technologies stock has pulled back from recent highs, yet over the last three years it is still well ahead of where it was, and the current valuation checks now lean cheap compared with that share price history. Uber Technologies has returned 67.5% over three years, which puts recent weakness into context and raises the question of whether the current level reflects a reset or an opportunity. Heavy investment in autonomous and robotaxi partnerships can support long term earnings power...

Uber-backed Lime prices IPO at $25 per share, Bloomberg News reports
Reuters36d agoneutral
Uber-backed Lime prices IPO at $25 per share, Bloomberg News reports

Uber-backed Lime ‌has priced ‌its U.S. initial ​public offering at $25 per share, the midpoint ‌of ⁠the marketed range, Bloomberg ⁠News reported on Tuesday, ​citing ​a ​person familiar. Lime ‌did not immediately respond to a Reuters request for comment ‌outside ​regular ​business ​hours.

Uber changes key rule for drivers amid rider safety lawsuits
TheStreet36d agobearish
Uber changes key rule for drivers amid rider safety lawsuits

Uber’s business depends on a simple but fragile exchange of trust. A customer opens an app, confirms a name and license plate, and gets into a stranger’s car. This routine has become normal for millions of riders heading to airports, restaurants, offices, hotels, concerts, and home after nights ...

Waymo and Uber make critical robotaxi move in major U.S. market
TheStreet36d agoneutral
Waymo and Uber make critical robotaxi move in major U.S. market

Look at the robotaxi partnership map closely in 2026, and the pattern that keeps emerging is one of constant reshuffling. Uber Technologies Inc. (UBER) and Alphabet's (GOOG) Waymo confirmed their robotaxi pilot in Phoenix, Arizona, has ended, Reuters reports. The companies framed it not as a ...