Oguz Erkan, founder and writer of Capitalist-Letters, said the capital-intensive nature of robotaxi fleets makes large-scale platform operators like Uber well positioned to benefit as adoption grows.
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Uber will launch its first fleet of Lucid robotaxis as it continues partnerships with Waymo, Motional and Avride, CEO Dara Khosrowshahi said.
On July 29, DoorDash (NASDAQ:DASH) launched DoorDash Air, its own in-house drone delivery program, after clearing a Federal Aviation Administration certification to fly commercial drone deliveries across the US. It is the clearest signal yet that DoorDash wants control over how food and goods move, not just who delivers them. The question for investors is […]
Investor Gary Black of The Future Fund LLC has backed ride-hailing giant Uber Technologies Inc. (NYSE:UBER) as his pick to lead the autonomous ride-hailing market ahead of the likes of Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo and Elon Musk‘s Tesla Inc. (NASDAQ:TSLA). Gary Black Says Uber Is Not Like Blockbuster In a post on X, Black responded to user @PME2717 who said that being bullish on Uber was not a smart move as the company was like the video rental company Blockbuster Inc. in a
Lucid Group (NasdaqGS:LCID) announced a US$1.4b cost saving plan as part of a broad operational reset. The company postponed its planned midsize EV launch to 2027 as it reshapes its product roadmap. Lucid Group created a new AI focused business unit to advance autonomous vehicle efforts with partners including Uber and Nuro. For investors following how AI is reshaping transportation and the infrastructure that supports it, the broader trend across suppliers and enablers of this shift is...
Expedia Group (NASDAQ:EXPE) reported second-quarter results above the high end of its outlook, citing healthy consumer travel demand, continued momentum in its business-to-business segment and improved marketing efficiency. The company also raised its full-year guidance for gross bookings, revenue a
Moby summary of Uber Technologies, Inc.'s Q2 2026 earnings call
Kalanick continues to get the band back together, after acquiring Anthony Levandowski's autonomy startup, and even soliciting investment from Uber itself.
Find insight on Uber, Thai Airways, Continental, Kia and more in the latest Market Talks covering auto and transport.
DoorDash (DASH) late Wednesday delivered a second-quarter revenue beat amid order momentum, while th
One forecast overshadowed an otherwise impressive operating quarter
Uber aims to deploy robotaxis in 28 cities in the long term and has committed to over $10 billion of capital over the coming years to scale autonomous vehicles.
Lucid shares are down 40% this year.
Uber Technologies Inc (UBER) reports 22% gross bookings growth and surpasses $10 billion in trailing free cash flow, while navigating competitive pressures and scaling its AV strategy.
Uber is investing aggressively in robotaxis.
Uber's multiyear autonomous-vehicle commitment accompanied a third-quarter profit forecast below Wall Street expectations.
Uber Shares Sink After Earnings. A Softer Profit Forecast Is Spooking Investor
Uber Technologies' (UBER) shares fell Wednesday after the ride-hailing company's second-quarter reve
Rivian Automotive (NasdaqGS:RIVN) CEO flagged Chinese electric vehicle makers as a major competitive threat due to lower cost structures and access to government-backed capital. The CEO outlined how these non market advantages could pressure Western EV manufacturers on pricing and margins. Rivian also updated investors on its partnership with Uber, targeting deployment of autonomous robotaxis in urban areas by 2028. The company framed the Uber collaboration as a key pillar in its longer term...
Amazon-owned Zoox is about to start scaling its robotaxi service after federal regulators last week cleared it to charge for rides in its driverless vehicles with no steering wheel or other human controls.
Shares of Uber Technologies fell 6% in midday trading Wednesday after the ride-hailing company issued a softer-than-expected outlook for the current quarter. Uber reported quarterly revenue of $14.19 billion, up 12% from a year earlier amid an increase in both rides and deliveries. For the current quarter, Uber forecast adjusted earnings of 84 cents to 88 cents a share, compared with analyst expectations of 87 cents a share.
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) shares fell about 6% in early trading Wednesday after the ride-hailing company issued a third quarter outlook that fell short of some Wall Street expectations, overshadowing better-than-expected gross bookings and adjusted EBITDA in the second...