"The whole conversation shifted from tokenmaxxing and 'go fast' to 'we need guardrails, how do we control this?'"
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Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Uber Technologies (NYSE:UBER) is cutting 23% of roles in its People and Places division, a group that manages HR, recruitment, and workplace culture. The layoffs, which affect less than 1% of Uber’s global workforce, are focused on senior roles and are not tied to its AI initiatives. CEO Dara Khosrowshahi and President Jill Hazelbaker describe the move as an effort to streamline operations and sharpen organizational effectiveness. For investors watching NYSE:UBER at a share price of $72.21,...
Every company in America is being told to embrace AI. Very few are being honest about what will happen when the bill arrives. Uber (UBER) just became one of the first major technology companies to publicly acknowledge a problem that is quietly spreading across corporate America: AI tools are ...
Walmart is using its driver network to go toe-to-toe with food-delivery companies such as Uber Technologies and DoorDash.
The rehiring comes roughly 18 months after GM effectively shut down Cruise in December 2024, when the company stopped funding the unit’s robotaxi ambitions.
General Motors (GM) has rehired more than 100 members of its Cruise unit's team 18 months after kill
Anthropic's $65 billion raise highlights the tension between AI optimism and rising concerns over weak returns.
Uber's shares are down 12.3% YTD as robotaxi fears mount, but Eats deals and surging gross bookings keep the long-term case intact.
Ramp has nearly tripled its valuation over the past year as investors scramble to grab a part of the fast-growing startup.
UBER laid off nearly a quarter of its People and Places division. Here’s what these job cuts really mean for UBER shares.
The ride-hailing company made an unreported follow-on investment in Nuro larger than its first, with remaining funds tied to driverless testing and passenger milestones
Lucid Vehicles And Nuro Software Anchor Expansion Plan
Nuro, which counts Nvidia and SoftBank among its backers, is party to a three-way agreement with Uber and electric vehicle manufacturer Lucid.
Uber cuts 23% of its People division under new president Jill Hazelbaker, saying the layoffs are unrelated to AI.
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
Rivian Automotive Inc. (NASDAQ:RIVN) is one of the 10 Stocks With Remarkable Resilience. Shares in Rivian Automotive extended its winning streak to a 10th straight day on Wednesday, jumping 5.67 percent to close at $18.27 apiece, as investors resumed buying positions ahead of next week’s official launch of its R2 sports utility vehicle, supported by […]
Uber Technologies (NYSE:UBER) has imposed an internal cap on employee use of advanced AI tools after the company exceeded its annual AI budget within roughly four months. The move follows leadership comments questioning the direct business impact of current AI investments and their contribution to productivity. The restriction highlights both strong internal demand for generative AI and concerns about cost control and operational returns. For investors watching NYSE:UBER, the AI spending...
Download the Complete Report Here Einride AB (Proposed Ticker: ENRD) Integrated Freight Platform Scaling Contracted Demand into Electric and Autonomous Deployment Einride enters public markets as a commercial freight-technology platform with live electric and autonomous deployment traction. Founded in 2016 and headquartered in Stockholm, ENRD serves 30 customers across seven countries, with $49 million of […] The post Einride AB to Become Public As Freight Platform With Electric & Autonomous Fle
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.
The cuts, led by new president Jill Hazelbaker, affect recruitment and HR staff but represent less than 1% of Uber's 34,000 employees
According to Bloomberg, the cuts accounted for less than 1% of Uber’s 34,000 employees worldwide.
Uber shares rally on a robotaxi deal with Autobrains and Nvidia. Here’s why UBER stock remains attractive as a long-term holding in 2026.
UBER plans Spain's first commercial robotaxi pilot in Madrid with WeRide, scaling from operator-led rides to hundreds of vehicles and driverless service.
Uber Technologies, Inc. (NYSE:UBER) ranks among the best technology growth stocks to buy under $100. Following news of Uber Technologies, Inc. (NYSE:UBER)’s efforts to acquire Berlin-based food delivery platform Delivery Hero, DA Davidson reaffirmed its Buy rating and $107 price objective for the company on May 26. Analysts say Uber Technologies, Inc. (NYSE:UBER) sees a […]
When living in densely populated cities like New York, you learn quickly that anything you forget or leave behind on a park bench, in a subway car, or in a taxi is probably gone forever. Yes, there are plenty of good Samaritans around, but they are far outnumbered by the people who live by the ...
Even in a future of robot taxis, someone still has to return the things passengers leave behind.
President Donald Trump denied reports that communications between the United States and Iran had stalled, calling the claims “fake news.”
Consumer stocks were lower late Tuesday afternoon, with the State Street Consumer Staples Select Sec
Business owners increasingly explore tax strategy as expanded rules fuel broader adoption.