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(Bloomberg) -- Powerlaw Corp., a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI, traded well above the value of its underlying investments in its debut on Wednesday, capitalizing on retail investors’ clamor for exposure to the hottest private tech companies.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 Deta

Investing.com -- Food delivery giant Uber Technologies is pursuing a takeover of Delivery Hero in a deal that could reshape the global delivery industry, analysts said.

Delivery Hero said on Saturday that Uber had offered to buy it in a deal that would value the company at over €10bn, after the FT reported that...

(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

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

Uber and DoorDash have held exploratory talks with investors in Delivery Hero ahead of a possible takeover bid, setting up a battle for the German...

Darsana Capital Partners has nearly 60% of the money it manages in shares of Elon Musk’s rocket maker.

(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

FEATURE Amazon com was disrupting things again on Tuesday. The online retail giant announced 30-minute rapid deliveries on “thousands of groceries and essentials.” The service is now in Atlanta, Dallas–Fort Worth, Philadelphia, and Seattle, “with rapid expansion underway in dozens more U.

More than one-quarter of Lyft’s rides in the first quarter of 2026 were connected to the rideshare company’s partnerships with other brands.

As retail media networks overtake television in ad revenue, they are also taking a page from the way TV pitches itself to marketers.

Investing.com -- Morgan Stanley identified five thematic trends across the gig economy following simultaneous earnings from DoorDash Inc (NASDAQ:DASH), Uber Technologies Inc (NYSE:UBER) and Instacart (NASDAQ:CART), while raising its Snap price target 8% to $7.

Lyft (NASDAQ:LYFT) executives used the company’s first-quarter 2026 earnings call to highlight what CEO David Risher described as “another strong quarter,” pointing to double-digit year-over-year gains in active riders, gross bookings and adjusted EBITDA. Risher said rideshare demand “remained healt

The company’s revenue climbed 14% to $1.65 billion in the first quarter, boosted by growth in both riders and rides.

DoorDash Inc (NYSE:DASH) reported mixed first quarter 2026 results, beating profit expectations but coming in slightly below revenue estimates, while underlying order growth and marketplace activity remained strong. For the quarter ended March 31, DoorDash posted adjusted earnings per share...

US equity futures were slightly higher pre-bell Thursday as hopes for a finalized peace deal between

The food delivery company beat earnings estimates and logged 933 million total orders, but revenue of $4.04 billion fell short of expectations