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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Uber (NYSE:UBER) and the rest of the gig economy stocks fared in Q2.
Uber Technologies (NYSE: UBER) cleared a key hurdle in its California racketeering lawsuit as a federal judge allowed most claims against lawyers and medical providers to proceed. The suit alleges a coordinated scheme that Uber says inflated costs tied to staged or exaggerated rideshare injury claims under U.S. racketeering laws. Separately, a new U.S. class action accuses Uber of misleading consumers with Uber Eats priority delivery fees linked to its "direct to you" marketing. Both cases...
In August 2026, Baidu announced that its fully autonomous Apollo Go vehicles are now available to riders in select areas of Dubai via the Uber app, while Uber also expanded autonomous ride services in Zagreb and advanced drone and intercity travel partnerships across multiple regions. This wave of agreements highlights Uber’s push to broaden its mobility and delivery ecosystem through autonomous technology and partnerships, even as it contests a very large GDPR fine from Dutch regulators...
Regulators just multiplied the permitted Las Vegas fleet 500-fold. Deploying it is the harder part.
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To frame the audacity of the figure: the 191 technology companies in the S&P 1500 collectively generated $2.4 trillion in revenue last year, according to FactSet data cited by the Journal. Anthropic’s claimed market opportunity is more than 12 times that combined total. The company is looking at the full scope of work that could be completed with AI models as its methodology for the TAM calculation, people familiar with the matter told the Journal.
Uber trades at $79.59 and has moved in lockstep with the market. Its shares have returned 9.3% over the last six months while the S&P 500 has gained 10.5%.
Aug 25 (Reuters) - Self-driving technology company Waymo said on Tuesday it would begin testing its autonomous vehicles in Munich in the coming weeks, laying the groundwork for a commercial ride-
U.S. consumers are pulling back on spending in several areas, but food delivery remains a relatively resilient part of household budgets. DoorDash Inc., Uber Technologies Inc. through Uber Eats and Maplebear Inc., which operates Instacart, all posted strong sales growth...
UBER expands its robotaxi push as fully driverless Apollo Go vehicles debut in Dubai, the first launch under its multi-year strategic partnership.
The Autoriteit Persoonsgegevens found that Uber relied on software to track driver conduct and customer feedback, leading to accounts being automatically suspended over suspected fraud and permanently shut down where ratings stayed low over time.
The long-awaited scaling up of Tesla’s robo-taxi service might be close. The Nevada Transportation Authority has approved autonomous vehicle applications for Tesla, Alphabet’s Waymo, and Aviari, an Uber platform. Tesla will be allowed to deploy up to 5,000 robo-taxis over the coming 12 months.
Tesla will unveil the production Cybercab at a launch event in Austin, Texas, on September 3rd. This comes as Tesla ramps up its self-driving efforts, key to the company's big growth plans.
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The Dutch Data Protection Authority is fining Uber €825 million in the second largest penalty issued under Europe’s GDPR.
Tepper's hedge fund has finally liquidated its position in Lyft and just doubled down on Uber.
Uber Technologies (NYSE:UBER) has been fined €825 million by the Dutch Data Protection Authority over past automated driver account suspensions under GDPR. The regulator found that Uber's systems lacked sufficient human oversight and due process when deactivating driver accounts in the Netherlands. This is the second-largest GDPR fine issued to date, raising regulatory and reputational questions for Uber in major international markets. For readers looking to explore more companies exposed...
Uber Technologies has seen its fair value estimate adjusted from about US$104.48 to about US$101.50 per share, which signals a more measured stance on upside from current levels. Most analysts are fine tuning targets within ranges such as US$90 to US$100 and US$110 to US$115, reflecting mixed but generally constructive views rather than a reset of the overall story. As you read on, you will see how these shifting targets, recent deals and the autonomous vehicle narrative fit together and how...
Uber Technologies Inc. and Baidu Inc. launched fully driverless Apollo Go robotaxis on Uber’s platform in Dubai on Thursday. The launch marks the first deployment under the companies’ multiyear partnership. New Horizon Luxury Transport will operate the fleet. Driverless Rides...
The electric-vehicle giant is ending a volatile week with two potential commercial-growth engines moving closer to reality.
The Dutch privacy regulator says Uber violated E.U. rules by using software alone to deactivate driver accounts, with no human review
This Uber options trade is equivalent to owning 85 company shares for a much lower cost than purchasing than stock.
Uber Technologies Inc. has been fined €825 million ($963 million) by Dutch authorities for using automated systems to suspend driver accounts, in what is the second-largest penalty under the European Union’s General Data Protection Regulation.
Tesla is surging while two other companies that got the exact same regulatory approval barely moved, and a safety crisis in its most important overseas market is somehow not slowing the rally down.
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