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Short seller James Chanos has questioned investor Cathie Wood-led investment firm ARK Invest‘s prediction that Robotaxis could become a $34 trillion market by 2030. A Bold Prediction Quoting a post by Ark Invest on the social media platform X on Monday, Chanos questioned Ark’s approach. The investment firm shared that over 90% of the $34 trillion opportunity would be going to the “technology providers,” adding that Uber Technologies Inc. was also vying to be a part of the market and was investin

Lucid (LCID) shares are expected to remain under pressure until incoming Chief Executive Officer Sil

In today's segment of Trending Tickers, Market Catalysts host Julie Hyman outlines why shares of CVS (CVS), Uber (UBER), and Super Micro Computer (SMCI) are all surging in Wednesday's trading session.

Uber Technologies (UBER) on Wednesday issued a bookings growth outlook that surpassed Wall Street's

Amazon (NASDAQ:AMZN) just delivered its fifth consecutive quarter beating Wall Street’s EPS bar, and the trailing P/E of 33x is doing something that should not be possible for a business growing the way this one is. The thesis is simple. Amazon owns the rails of two enormous businesses, cloud computing and online retail, and is ... 60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sell.

Uber posted weaker than expected revenues for the first quarter as its mobility business was buffeted by conflict in the Middle East, but the...

(Bloomberg) -- Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works to align output with a challenging EV demand environment.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs

Uber (NYSE:UBER) rose sharply in premarket trading on Wednesday after the transportation and delivery platform reported first-quarter earnings that exceeded Wall Street expectations. The company posted earnings per share of $0.

Tech futures are pointing to a strong open, with the Nasdaq Composite (^IXIC) leading the charge with a 1% increase on the heels of yesterday’s record-setting performance. Gains arrive on the back of blowout chip earnings and a sharp retreat in crude prices tied to signs of diplomatic progress between Washington and Tehran. AMD (Nasdaq: ... Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes

Every retail investor with a brokerage app is staring at Uber (NYSE:UBER) right now, drawn in by robotaxi headlines and a $152.16B market cap that has turned the rideshare giant into the default gig-economy proxy. The data underneath the headlines tells a different story. The Uber story has quietly broken down underneath the noise. Q4 ... Everyone’s Talking About Uber. Smart Money Is Watching Grab’s Profitability Inflection Instead

The S&P 500 (^GSPC) is set to extend a record run as crude tumbles and traders welcome signs the Iran conflict could be winding down. Stocks are soaring because the Strait of Hormuz appears clear and a chip-led rally is rolling into a second day. The PHLX Semiconductor Index (^SOX) has ballooned by 9.4% over the ... S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows

The ride-hailing company's first-quarter revenue fell short of Wall Street expectations, but its Q2 bookings outlook topped analyst estimates

Stock Market Today: The Dow Jones index jumped Wednesday on hopes of a U.S.-Iran deal. AMD stock soared on earnings.

Uber stock jumped early Wednesday after the ride-hailing and food-delivery company reported mixed first-quarter results.

(Bloomberg) -- Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works to align output with a challenging EV demand environment.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs

Investing.com -- Uber Technologies shares jumped in Wednesday premarket trading after the ride-hailing and delivery giant posted first-quarter earnings that beat analyst estimates.

The main US stock measures were pointing higher in Wednesday's premarket activity, while oil prices

The ride-hailing company reports better-than-expected earnings and gross bookings in the first quarter.

(Bloomberg) -- Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weigh

Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict ‌weighed on its growth. Uber said it expects gross bookings of $56.25 billion to $57.75 billion for the June quarter, above ‌analysts' average estimate of $56.07 billion, according ⁠to data compiled by LSEG. It factors in a roughly 60 basis-point drag from the Middle East conflict.

Volkswagen increases its stake in Rivian Automotive (NasdaqGS:RIVN) through a large private share placement under an amended investment agreement. Rivian completes an additional capital raise with SMB Holding and Uber, adding new institutional backing. These equity investments are tied to Rivian’s future product and technology roadmap and deepen its partnerships with major industry players. Rivian focuses on electric trucks, SUVs, and commercial delivery vehicles, a segment that continues...

Shares in Advanced Micro Devices and Intel surge after AMD CEO Lisa Su flags surging demand for central processing units.

↗️Advanced Micro Devices (AMD): Shares of the chipmaker soared premarket after it reported stronger sales and logged higher profit. Shares of its peer Super Micro Computer Inc. (SMCI) also jumped premarket.

U.S. stocks looked set to extend record highs after Trump walked back an effort to guide commercial ships through the Strait of Hormuz, easing concerns of a near-term escalation in the U.S.-Iran war.

Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

In late April 2026, Bank of America Securities began covering Block, highlighting AI-driven efficiency efforts alongside new products such as Square’s Managerbot and expanded partnerships with merchants and platforms like Uber Eats and Black Seed Bagels. These developments underline how Block is using artificial intelligence and integrated commerce tools to deepen its role in both consumer payments and complex multi-location business operations. Next, we’ll examine how AI-driven tools like...

Lucid Group (NASDAQ:LCID) executives emphasized an expanded autonomy partnership, new financing, and a renewed focus on cost and execution during the company’s first-quarter 2026 earnings call, while also suspending prior guidance as incoming CEO Silvio Napoli begins a review of the business. Leade

The Silicon Valley AV startup has not started driverless testing yet.

Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.

Tesla (TSLA) has reached its next phase in its robotaxi business, as its autonomous vehicles are now operating in Austin, Texas, unsupervised at night. This comes as the EV maker pushes to catch up with other robotaxi developers like Waymo, which is a subsidiary of Google parent company Alphabet (GOOG, GOOGL), and rideshare operators like Uber (UBER). Envorso founder and chairman Adrian Balfour comments on how Tesla's development process on its robotaxi vehicles differs from Waymo and what can ultimately set it apart from these competitors.