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Uber generates roughly four times Shopify's quarterly revenue, but Shopify's growth rate gap tells a different story about which business is scaling faster.
BEIJING, Aug 14 (Reuters) - Chinese autonomous driving firm Pony.ai announced on Friday plans to deploy more than 2,000 robotaxis in Europe under an expanded partnership with Uber.
Ackman dumped Alphabet and doubled down on three megacap tech winners. Here's what has to go right for the outperformance to continue.
Uber's Tokyo robotaxi pilot with Hinomaru Kotsu could expand its autonomous-mobility presence while leveraging local fleet and regulatory expertise.
Amphenol's AI-driven growth, record orders and rising estimates contrast sharply with Pilgrim's Pride's margin squeeze and earnings decline.
The ride-share and delivery company has gained market share while boosting its profit margins, but most investors are ignoring its fundamental strengths.
Uber Technologies (NYSE:UBER) reported that its Uber Freight unit is investigating a cyber security incident involving unauthorized access to some internal systems and code repositories. The company indicated that Uber Freight operations have not been disrupted and that the incident has been contained, while it continues to assess data security implications. Separately, Uber confirmed it has sold its entire stake in Serve Robotics, the autonomous delivery company it originally spun...
A new family use case could expand trip frequency
Consumer stocks were mixed late Wednesday afternoon with the State Street Consumer Staples Select Se
Polymarket has hired a former executive of Uber Technologies (NYSE: $UBER) to lead its growth initiative.
Uber's gross bookings top $58 billion in Q2, marking a fourth straight quarter of above-20% growth as Mobility, Delivery and Freight all advance.
Gross bookings hit $58 billion as autonomous vehicle ambitions accelerate.
UBER moves closer to launching autonomous rides in London after TfL licensed Wayve vehicles, with strong rider interest supporting rollout plans.
Uber stock sits near a 52-week low while posting record free cash flow and guiding for up to 35% earnings growth, a contradiction that points to a rare mispricing in one of the most widely watched names on Wall Street.
Maplebear's AI Assistant shows early promise with larger basket sizes as the company expands agentic shopping across its marketplace and enterprise offerings.
The Prediction market platforms are booming as evident in the recent FIFA world cup event. But now the leading prediction market platform Polymarket is looking for further growth, For the same, it has appointed Travis VanderZanden as Chief Growth Officer as the company looks to expand its business and bring prediction markets to a wider
Uber’s quarterly report of institutional equity holdings, covering the period ended June 30, lists seven reportable positions but not Serve Robotics.
The divesture comes as the two once-tight companies have started to diverge on the business side.
Uber Freight is investigating a data security incident involving unauthorized access to a portion of its systems and repositories, a company spokesperson said on Tuesday. There has been "no impact to Uber Freight's business operations, which continue in the normal course without disruption," spokesperson Sam Hallock said. "Our systems are secure and fully operational."
The robotaxi market could become one of the most important new segments of the next decade. Business Research already projects the market could grow at a compound annual growth rate of 57% and reach $33.5 billion by 2030. Uber Technologies, Inc. (NYSE:UBER) is one of the companies well positioned to capitalize on the expected growth […]
Hertz stock is surging again, and retail traders are going all-in with life savings on the line, but a wall of lawsuits, a stretched balance sheet, and no support from peers raises a pointed question about who exactly is driving this trade.
In early August 2026, Uber Technologies, Inc. reported Q2 2026 results showing revenue of US$14,191 million and net income of US$2,394 million, while also arranging new unsecured term loan and revolving credit facilities to help finance its planned Delivery Hero takeover and broader corporate needs. Alongside expanding grocery partnerships and autonomous ride trials in London with Wayve, these financing moves highlight Uber’s push to scale both delivery and autonomous mobility while managing...
OpenAI COO Brad Lightcap, announced that he is departing the artificial intelligence company to "start something new." Lightcap announced his departure in a post on X, sharing the memo he sent to the OpenAI team. "Team, it is bittersweet to...
The prediction market platform hired a chief growth officer and four other senior officials as it prepares for the NFL season and midterm elections
(Bloomberg) -- Uber Technologies Inc. has divested from long-time partner Serve Robotics Inc. as the two companies clash over how to deploy delivery robots, the latest setback in Uber’s push to facilitate autonomous services on its platform.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Ho
Uber's diversified platform drives bookings, trips and profits across Mobility and Delivery, while robotaxi partnerships add another growth path.
Uber stock has barely budged since Ackman revealed his stake in February 2025.
Is it a good or bad thing when a stock surpasses resistance at the 200-day simple moving average?
Costco, Chevron and Home Depot highlight growth opportunities, from membership strength and production gains to digital and Pro initiatives.
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