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Investing.com11d agobullish
Uber under pressure: Waymo partnership on the brink

Investing.com -- Uber Technologies (NYSE: UBER) shares skidded 4% on Friday, with losses accelerating in the final hour of trading following a revealing Financial Times report that Alphabet’s Waymo is eyeing the exit ramp on their alliance. According to the report, the self-driving car company is holding internal discussions about terminating its current agreements with the ride-hailing giant, which presently include joint operations in Austin and Atlanta. The Breakdown Uber has confirmed the fr

Bloomberg13d agobullish
Intel Needs More Than Blowout Earnings as Chips Rally Falters

(Bloomberg) -- Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Le

Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero
The Wall Street Journal20d agobullish
Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero

Uber Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.

Investing.com22d agobullish
Delivery Hero stock jumps on report of Uber takeover talks

Investing.com -- Delivery Hero SE (ETR:DHER) shares surged 5.5% following a Bloomberg report that Uber Technologies Inc. (NYSE:UBER) is in advanced talks to acquire the German food-delivery company. Uber stock fell 2% on the news.

Uber, Waymo end robotaxi partnership in Phoenix
Reuters36d agobullish
Uber, Waymo end robotaxi partnership in Phoenix

By Juby Babu June 29 (Reuters) - Uber and Alphabet's Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle

US Stock Futures Extend Gains as Peace Hopes Hold: Markets Wrap
Bloomberg71d 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

Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items
24/7 Wall St.79d 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

Reuters89d agobullish
Uber-backed Lime reveals revenue surge in US IPO filing

Lime, which operates an electric bike and scooter network and is backed by Uber Technologies, reported a jump in yearly ‌revenue in its filing for a U.S. initial public offering. The San ‌Francisco-based startup did not reveal the terms of the offering in the filing. Activity in the U.S. IPO ​market has rebounded after a slowdown earlier in the year linked to volatile equity markets and the war in the Middle East.

SoftBank Stock Surges on Chip Optimism
The Wall Street Journal90d agobullish
SoftBank Stock Surges on Chip Optimism

Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.

DoorDash Stock Rallying After Q1 Earnings Beat
Investor's Business Daily90d agobullish
DoorDash Stock Rallying After Q1 Earnings Beat

DoorDash stock rallied late Wednesday after the food-delivery company reported first-quarter earnings that beat estimates despite revenue slightly below expectations. For the March-ended quarter, DoorDash earned 44 cents per share, up slightly from 42 cents a year earlier. Sales increased 33% to $4 billion, below analyst estimates of $4.2 billion.

Uber shares surge after strong first-quarter results, bullish guidance
Proactive90d agobullish
Uber shares surge after strong first-quarter results, bullish guidance

Shares of Uber Technologies Inc (NYSE:UBER, XETRA:UT8) jumped 8.4% on Wednesday after the ride-hailing and delivery giant reported first-quarter results that beat earnings expectations and issued second-quarter guidance above consensus estimates. Uber posted first-quarter revenue of $13.2...

Bloomberg91d agobullish
Uber Beats on Bookings Outlook in Sign of Growing US Demand

(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