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Bloomberg74d agoneutral
Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches

(Bloomberg) -- Uber Technologies Inc. will offer a new ride-sharing service for the FIFA World Cup tournament, shuttling fans home for less than $50 each. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to Cut IPO Valuation Goal to at Least $1.8 TrillionThose attending game

Boston Seizes on California Billionaire Tax to Lure AI Talent
Bloomberg75d agoneutral
Boston Seizes on California Billionaire Tax to Lure AI Talent

(Bloomberg) -- The talent at some of America’s hottest artificial intelligence companies often passes through Boston-area universities before heading west to build billion-dollar businesses in Silicon Valley. Massachusetts business and political leaders say California’s proposed tax on billionaires is an opportunity to change that.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertanker

Bloomberg76d agoneutral
Dwelly in Talks to Raise $200 Million for AI Property Management

(Bloomberg) -- Dwelly, a UK startup that acquires real estate property managers and introduces artificial intelligence to their business, is in discussions to raise around $200 million in equity and debt financing, according to people familiar with the matter.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia Tells US to Evacuate Its Dip

Uber CEO, COO sends stark message on AI spending in 2026
TheStreet77d agoneutral
Uber CEO, COO sends stark message on AI spending in 2026

Ninety-five percent of Uber's engineers use AI tools every month. Seventy percent of committed code is now AI-generated. By almost any adoption metric, the rollout has been a success. So why is the COO saying the costs are getting harder to justify? Uber (UBER) COO Andrew Macdonald made a candid ...

US Stock Futures Extend Gains as Peace Hopes Hold: Markets Wrap
Bloomberg77d agobullish
US Stock Futures Extend Gains as Peace Hopes Hold: Markets Wrap

(Bloomberg) -- US equity futures extended gains and Treasuries rallied as investors remained hopeful that the latest American strikes on Iran won’t derail talks to end the Middle East conflict. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on

US Stock Futures Gain as Crude Oil Drops on Iran: Markets Wrap
Bloomberg78d agobearish
US Stock Futures Gain as Crude Oil Drops on Iran: Markets Wrap

(Bloomberg) -- Global stocks rose to record highs as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps

Bloomberg80d agoneutral
Delivery Hero Says Uber Proposed €33 a Share Takeover Bid

(Bloomberg) -- Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share as it seeks to better compete with DoorDash Inc. outside the US. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by IranMessi Joins Ronaldo in Billionaire Football Ranks After US DealsA statement from

See How SpaceX Is About to Eclipse Every Other Blockbuster IPO
The Wall Street Journal83d 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.

Bloomberg85d 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
Bloomberg85d 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
MarketBeat85d 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

Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items
24/7 Wall St.86d 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
Bloomberg86d 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

5 Must-Read Analyst Questions From Uber’s Q1 Earnings Call
StockStory87d agoneutral
5 Must-Read Analyst Questions From Uber’s Q1 Earnings Call

Uber’s first quarter was marked by strong operational execution, with a 14.5% increase in sales and significant improvements in both profitability and user engagement. Management credited robust growth in both Mobility and Delivery segments, expanded product offerings, and disciplined cost management for the positive market reaction. CEO Dara Khosrowshahi highlighted the impact of new services such as Uber Reserve and cross-platform integration, stating these initiatives are “designed to deepen

Delivery Hero Shares Cap Best Week Ever as Breakup Odds Rise
Bloomberg88d agoneutral
Delivery Hero Shares Cap Best Week Ever as Breakup Odds Rise

(Bloomberg) -- Signs that Delivery Hero SE may be preparing to sell more assets have powered the beaten-down stock to the best week since its 2017 listing. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrump Says China Offered Help on Iran as Ship Taken Near UAEShares in th

Bloomberg89d agoneutral
Trump Traded Nvidia, Boeing, Intel in Flurry of Transactions

(Bloomberg) -- President Donald Trump’s latest financial disclosures show that he made a slew of stock and bond purchases with major American companies in the first quarter of the year totaling in the tens of millions of dollars and possibly more. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That Chi