Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll out 35,000 robotaxis using Lucid's Gravity SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.
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Investing.com -- Tesla announced Wednesday the launch of its unsupervised robotaxis across the Austin Metro area, accelerating the company’s push into autonomous ride-hailing.
Oracle (ORCL) stock closed the June 2 trading session down 1.44% at $244.58. Despite this slight drop, the stock is now up about 25.48% year to date, at the time of writing, Wednesday morning, June 3. Meanwhile, the SPDR S&P 500 Index (SPY) is up about 11.39% in the same period. Oracle has ...
SpaceX plans 555.6 million share sale as investors watch the largest IPO push on record.
President Donald Trump has never been shy about telling Americans where to put their money. In February 2026, he told a crowd in Rome, Ga., to "go out and buy a Dell computer." According to a People.com report, Trump praised Dell founder and CEO Michael Dell at the State of the Union. He said it ...
Yext's fiscal Q1 report arrived with better-than-expected earnings, but investors are focusing on other aspects of the business update.
Over the past six months, Paychex’s stock price fell to $100.59. Shareholders have lost 11.3% of their capital, which is disappointing considering the S&P 500 has climbed by 10.9%. This might have investors contemplating their next move.
Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.
With the right strategy, you have a better chance of keeping up.
(Bloomberg) -- A seemingly endless appetite for buying US stock dips has propelled Vanguard Group’s S&P 500-tracking ETF past $1 trillion in assets, making it the first fund of its kind to reach a milestone once thought unimaginable for the ETF industry.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Amban
The soda wars used to mean Coke versus Pepsi. Back in the 1990s, and even into the 2000s, alternative soda brands were novelties, and energy drinks weren't even a major category. Now, Keurig Dr Pepper has become a significant rival to Coca-Cola and PepsiCo, and energy brands including Red Bull, ...
In every major technology cycle, there comes a moment when the numbers stop looking like projections and start looking like history being made in real time. Broadcom (AVGO) may be the king of the moment. HSBC raised its price target on Broadcom, maintaining its Buy rating, as the firm dramatically ...
For most of last week, oil was sliding down and energy stocks followed in the same direction. Traders had bet a U.S.-Iran deal would calm the region and reopen shipping lanes, so crude price fell lower for days, and Exxon Mobil (XOM) fell with it, closing red for seven straight sessions. Then one ...
The traditional book-building process exists so Wall Street can tell you what your company is worth, but Elon would rather not know
VSXY tops its outlook with strong Q1 sales and earnings growth, expands margins and raises its fiscal 2026 guidance.
Mid-Day Stocks: Stocks are trading lower on Wednesday, as oil and yields move higher. Once again, it was “Welcome back, my friends to the show that never ends.” On cue, the never-say-die stock market shook off early worries and all the major indices closed higher on Tuesday. Like the proverbial broken record, the S&P 500 ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Boyd Gaming, Chipotle Mexican Grill, Conagra, Dollar General, MGM Resorts International, Omnicom Group, Yum! Bra
June 3 (Reuters) - Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing
Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing operation. Expanding the robotaxi service and wider adoption of its full self-driving software - a version of which underpins the technology - is key to Tesla's growth strategy after CEO Elon Musk pivoted the company's focus from EVs to AI and robotics. The service has been operating in Austin for nearly a year, where customers sometimes experience wait times in excess of 30 minutes.

Broadcom shares sank in pre-market following the chipmaker's quarterly results.

Broadcom shares sank in pre-market following the chipmaker's quarterly results.
HIVE's revenue surged 158%, but investors are focused on whether its AI infrastructure pivot can offset growing pressure on Bitcoin mining
Find insight on Visa, RHB Bank, Heartland and more in the latest Market Talks covering financial services.
Investing.com -- Vanguard Group’s S&P 500-tracking ETF has become the first exchange-traded fund to surpass $1 trillion in assets. The Vanguard S&P 500 ETF (NYSE:VOO) crossed the threshold after receiving $1.7 billion in inflows during the most recent session for which data is available, according to Bloomberg figures.
Cognyte beat Wall Street's sales estimate for last quarter, but there was a big catch.
Broadcom Traders Brace for 9% Earnings Shock as $500 Looms
Is it the right time to increase your exposure to gold?
Honeywell International (HON) is reshaping itself, preparing to spin off its Aerospace business into a separate public company while lining up investor days and an IPO for quantum subsidiary Quantinuum. See our latest analysis for Honeywell International. The stock has climbed 10.7% on a 30 day share price return and 20.1% year to date. Meanwhile, the 1 year total shareholder return of 12.5% and 3 year total shareholder return of 35.6% suggest momentum has been building as investors react to...
All three major US stock indexes were down late-morning Wednesday, as oil prices and US Treasury yie