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Among the equity partners in the round are Bain Capital, Fifth Wall, Chemistry, A*, K5 Global, Abstract, SV Angel and Alpha Square Group — as well as Uber, the ride-hailing giant Kalanick co-founded and was forced to exit in 2017.
Sunteck Realty Ltd (BOM:512179) reports robust financial performance with a 20% increase in pre-sales and a 40% rise in EBITDA, despite uncertainties in project launches.
Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
Morgan Stanley‘s (NYSE: MS) economics team just took its projection for artificial intelligence capital spending significantly higher, and the leakage math behind the headline number has become the more important story for US investors. On a recent episode of the firm’s Thoughts on the Market podcast titled “AI Spending: A New Engine for the Global ... Morgan Stanley: AI Spending Could Hit $1.4 Trillion by 2028, But 60% Leaves the US
(Updates with Uber's response in the fifth paragraph.) Uber Technologies (UBER) and Lyft (LYFT)
Uber Technologies (UBER) and Lyft (LYFT) were granted a preliminary injunction by US District Judge
July 22 (Reuters) - A federal judge has ruled that New York City cannot prohibit Uber Technologies and Lyft from deactivating drivers from their apps without advance notice, ruling that the novel law is unconstitutional. District Judge Gregory Woods in Manhattan said in a written ruling on Tuesday that the city's law adopted earlier this year benefits a small fraction of drivers while interfering with the ride-hailing companies' right to police the safety of their platforms.
Four of the sharpest hedge fund managers on the planet just stacked their portfolios into the same three stocks, and the reasons behind that rare convergence reveal something unusual about where the biggest money sees opportunity right now.
Event overview and why Uber Technologies stock is in focus Uber Technologies (UBER) is back in the spotlight after agreeing to acquire Delivery Hero in a deal valuing the German company at about €13b, alongside a separate plan to divest overlapping delivery operations. The business combination is set to extend Uber’s delivery footprint to 99 markets worldwide, while overlapping Delivery Hero businesses in 14 markets are earmarked for sale to investment firm SSW Partners to support regulatory...
AI does not appear to be boosting productivity, analysts at Barclays have said.
DPZ's growth rests on aggregators, carryout, loyalty, technology and scale, though weak sales and estimate pressure cloud the near-term outlook.
DPZ's order growth, expanding digital reach and global store openings support its outlook, but ticket pressure, promotions and costs cloud visibility.
Kofi Asante is on a mission to “democratize access to clean energy.
SERV is prioritizing fleet efficiency and recurring revenue growth as it works to strengthen the long-term autonomous delivery business.
Expedia Group will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Partnerships with Uber Eats and DoorDash are bringing in more new customers than the chain would have gained otherwise.
Domino's Pizza Inc (DPZ) sees robust order growth and global expansion, despite facing competitive pressures and economic headwinds.
Domino's Pizza beat Q2 revenue estimates but missed on EPS, as strong order growth via DoorDash and Uber Eats was offset by weaker ticket sizes and margin pressure on franchisees.
Uber Technologies (NYSE:UBER) has partnered with Foot Locker, Kids Foot Locker, and Champs Sports to expand its Uber Eats retail marketplace. The agreement adds access to footwear, apparel, and accessories from more than 1,000 locations across the U.S. Customers can use Uber Eats for both on-demand and scheduled delivery of these retail products. Uber Technologies, trading at $72.46, is leaning further into retail delivery as it looks beyond its core ride hailing and restaurant segments...
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.
Ride-hailing giant Uber Technologies Inc. has reached an agreement to acquire German food delivery platform Delivery Hero SE in a deal worth $14.8 billion. Uber to Pay Over $47 Per Share On Thursday, the company released an official statement, confirming...
Investing.com -- Rising consumption costs could slow enterprise adoption of generative and agentic artificial intelligence, as companies struggle to match growing token usage with measurable returns, Bernstein said in an analyst report.
Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 12.4% in the afternoon session after the company continued to rebound sharply after its CEO rejected bankruptcy rumors and announced a strategic partnership with Uber and Nuro to build a robotaxi fleet. The stock had plunged to an all-time low earlier in the week following a report, which the company called “completely false,” that it was considering bankruptcy or a take-private deal. Investor confidence returned after CEO Sil
Find insight on Tesla’s robotaxi deployment, Uber, Volvo and more in the latest Market Talks covering auto and transport.
Pershing Square's five-stock book is quietly beating the market while four of those names bleed red year to date, and one just dropped a $14.8 billion takeover bid this week. Here is whether Ackman's conviction holds up or leaves you holding the bag.
Air taxi stocks have shed nearly half their value in 2026, and the losses keep accelerating. Before writing them off or doubling down, investors need to understand what separates a beaten-down opportunity from a broken story.
Lucid stock is surging for a third straight session while Tesla and Rivian sit out the party, and the reason behind the divergence says a lot about how fragile this recovery really is.
Uber Technologies' (UBER) planned Delivery Hero purchase could expand its delivery business, deliver
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