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Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.
FORT Robotics plans to go public through a business combination with Newbury Street II Acquisition (
Serve Robotics said on Monday it is partnering with Grubhub to fulfill orders on the food delivery platform using its sidewalk delivery robots, tapping a new marketplace days after its years-long tie-up with Uber Eats fell through. The San Francisco-based robotics company, known for its boxy, four-wheeled robots delivering Uber Eats and DoorDash orders, said its tie-up with Grubhub will initially launch in Chicago, Los Angeles and Alexandria. The partnership comes as Serve is set to lose its Uber delivery alliance early next year.
Marketplace GOV surged 36% as DashPass subscribers hit record highs.
(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
Natural Grocers by Vitamin Cottage (NYSE:NGVC) reported a 1.8% increase in third-quarter fiscal 2026 net sales to $334.7 million, as comparable-store sales growth accelerated sequentially despite what management described as a challenging consumer environment. Daily average comparable-store sales r
Moby summary of Serve Robotics Inc.'s Q2 2026 earnings call
Moby summary of Lyft, Inc.'s Q2 2026 earnings call
Serve Robotics (NASDAQ:SERV) reported second-quarter revenue growth but sharply reduced its full-year outlook after delivery volume through Uber declined for the first time in 17 quarters, prompting the company to reassess the future of the partnership and redirect resources toward other channels.
Maplebear (NASDAQ:CART), which operates Instacart, reported second-quarter 2026 growth in gross transaction value, revenue and adjusted EBITDA, as the grocery technology company pointed to momentum in its marketplace, enterprise offerings and advertising business. Gross transaction value, or GTV, r
CORRECTIONS Analysts expected DoorDash to report second-quarter revenue of $4.34 billion. A Business & Finance article on Thursday about the company incorrectly said expectations were for $4.34 million.
DASH's Q2 revenues beat estimates as order growth and Deliveroo lift sales, but surging R&D costs weigh on earnings.
DoorDash says faster growth and better unit economics are funding DashPass, AI, autonomy, merchant services and its global technology platform.
The delivery company posted $4.5 billion in revenue and raised its Q3 adjusted EBITDA guidance to as much as $1.1 billion
Moby summary of DoorDash, Inc.'s Q2 2026 earnings call
DoorDash Inc (DASH) reports robust Q2 2026 results with record subscriber growth and improving unit economics across core and new verticals.
DoorDash (NASDAQ:DASH) executives said the company’s Q2 2026 performance reflected continued growth in restaurant delivery, grocery and retail, international operations and subscription adoption, while improved unit economics supported profitability and ongoing investment in technology. During the
DoorDash (DASH) delivered earnings and revenue surprises of -8.00% and +3.08%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
DoorDash (DASH) late Wednesday delivered a second-quarter revenue beat amid order momentum, while th
DoorDash stock wavered late Wednesday after the food-delivery company's second-quarter earnings slightly missed estimates.
The decline in profit was driven by higher costs of revenue from more orders, as well as increases in sales, marketing, and research and development expenses and other overhead costs, the company said.
(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families
Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.
On-demand food delivery service DoorDash (NASDAQ:DASH) will be announcing earnings results this Wednesday after market close. Here’s what you need to know.
Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...
Bank of America recommends purchasing select stocks, including Spotify, Ralph Lauren, RB Global, DoorDash, and Cisco Systems, ahead of their quarterly financial releases.
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