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(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i

Alphabet's (GOOG) Waymo and Baidu (BIDU) are well ahead of competitors in the robotaxi industry, wit

GameStop (GME) is back in focus after the company announced a nationwide partnership with Uber Technologies, which puts its games, consoles, and collectibles onto the Uber Eats on demand retail platform. See our latest analysis for GameStop. Despite high profile moves such as the Uber Eats partnership and the pursuit of eBay, GameStop’s 30 day share price return of 2.14% and 90 day share price decline of 10.71% sit alongside a 1 year total shareholder return that is down 5.22%. Together,...

Three companies are compounding revenue at rates that dwarf the broader tech market in 2026, yet each carries a specific risk that could unravel the trade fast. The July window for all three may be narrower than it looks.

Uber Technologies is prepared to post its second-quarter results in August, with analysts predicting a double-digit earnings growth.

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GameStop (NYSE:GME) has entered a partnership with Uber Eats to offer delivery of its products through the Uber Eats platform. The arrangement covers video games, consoles, and accessories, with on demand delivery available to customers across the United States. GameStop operates as a specialty retailer focused on video games, consoles, and related accessories, an area that continues to evolve as more spending shifts online. Partnerships with large delivery platforms are one way retailers...

Uber Technologies (NYSE:UBER) executives said the company’s proposed acquisition offer for Delivery Hero is intended to expand its cross-platform mobility and delivery strategy into additional markets while remaining within Uber’s financial discipline and capital allocation framework. Speaking on a

Uber Technologies (NYSE:UBER), a U.S. ride-hailing company with a food-delivery business, has agreed to acquire Delivery Hero (DELHY), a German food-delivery company operating across international markets, in a transaction valuing the business at $14.8 billion. Uber will offer 41.50, or about $47.60, for each Delivery Hero share and acquire its operations across 50 markets, subject to regulatory approval. The offer represents a roughly 26% increase from Uber's original 33-per-share proposal in May. Delivery Hero shares have gained about 68% this year and were little changed at 38.28 in Frankfurt on Thursday, while Uber shares rose slightly to $73.42 before trading opened in New York.

Consumer stocks were higher late Thursday afternoon, with the State Street Consumer Staples Select S

Grab Holdings Limited (NASDAQ:GRAB) is one of the best low priced technology stocks to invest in. On June 30, Morgan Stanley raised its price target on Grab Holdings Limited (NASDAQ:GRAB) to $6.25 from $5.90, while keeping its Overweight rating unchanged. The investment bank believes there is an upside risk to Grab’s 2026 guidance. This risk, […]

Consumer stocks were higher Thursday afternoon, with the State Street Consumer Staples Select Sector

Uber has agreed to acquire Delivery Hero in a $14.8 billion all-stock deal that would nearly double the company’s global footprint and create one of the world’s largest food delivery platforms outside China.

The deal would combine two of the world’s largest delivery companies and roughly double Uber Eats’ global footprint.

Uber’s $14.8 billion Delivery Hero deal would create a global takeout giant, but regulators may still decide who gets the last bite.

The S&P 500 and Nasdaq Composite were down in late-morning trading Thursday, while the Dow Jones Ind

July 16 - Uber will buy Delivery Hero in a deal valuing ‌the German firm at $14.8 billion ‌to create the largest food-delivery group outside China ​and stave off intensifying competition. The transaction continues a consolidation spurred by a slowdown in orders from the pandemic peaks as ‌well as ⁠pressure to improve margins. Here are details on how the food-delivery companies ⁠stack up globally: Company Region Revenue Employees Market Notes cap DoorDash USA/Global $13.71 billion 31,400 $82.86 Purchased in fiscal 2025 employees billio Deliveroo for worldwide, n $3.9 billion as of in 2025 December 31, 2025 Meituan China 364.85 billion 111,298 $68.70 About ​3.3% yuan ($53.91 full-time billio o...

Lucid's CEO broke from corporate silence to put his personal reputation on the line against bankruptcy and take-private rumors, and now traders are split on whether Thursday's sharp rebound signals a real turning point or a costly trap.

If completed, the deal will create the largest food-delivery group outside China.

<body><p>STORY: Uber launched a takeover bid for Delivery Hero on Thursday.</p><p>It gave the German firm a $14.8 billion equity value.</p><p>Were a deal to go ahead it would create the largest food-delivery group outside China.</p><p>And it comes as competition with U.S. and European rivals heats up.</p><p>An acquisition would further the U.S. ride-hailing firm's efforts to build a global food-delivery business.</p><p>It's facing growing competition from Just Eat, which is owned by Dutch group Prosus.</p><p>And its U.S. rival DoorDash, which has expanded aggressively.</p><p>Delivery Hero said Wednesday it would create a platform covering 99 countries</p><p>and would have a combined pro-forma gross merchandise value (or GMV) of $236 billion last year.</p><p>China's giant Meituan recorded a platform GMV of about $246.5 billion last year.</p><p>Uber said the venture could nearly double the number of markets the company offers.</p><p>The transaction is supported by Delivery Hero's management and supervisory board.</p><p>It's&nbsp;expected to be completed in the second half of next year.</p><p>However, analysts believe the transaction would still likely face a complex regulatory process due to overlap in the companies' presence in various markets.</p></body>

UBER's $14.8 billion Delivery Hero deal would expand its platform to 99 markets and nearly double mobility-delivery overlap to 58.

Foot Locker, Champs Sports shoppers buying footwear can have on-demand or scheduled deliveries in time for back-to-school from over 1,000 doors through the Uber Eats app.

The Wall Street firm stated that companies with the strongest technology, products, and distribution are best positioned to benefit.

Uber stock was slightly higher after the company announced a deal for Delivery Hero, following weeks of negotiations.

During an interview with CNBC, Khosrowshahi cited the synergy gains from the acquisition of Delivery Hero and the integration of its services with Uber's offerings.

Acquisition would expand Uber's global food delivery network

Uber is buying Delivery Hero in a deal valued at $14.8 billion but shareholders are more interested in a different part of its business.

The deal would greatly expand Uber's food-delivery footprint outside the United States.

The offer of €41.50 per share expands Uber's combined platform to 99 markets with $236 billion in gross bookings

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