$75.95
+0.07 (+0.09%)
UBER News30 articles
Uber Shares Rebound as Strong Cash Flow Bolsters $10B Robotaxi Plan
Uber shares climbed 6.4% to $75.02, supported by record free cash flow that underpins its $10 billion robotaxi commitment. Analysts cut targets but kept positive ratings.
Uber stock slips 5% as robotaxi spending overshadows strong bookings
Uber's Q2 beat on bookings but missed EPS guidance; shares fell 5.3% as investors focused on heavy robotaxi spending and the Delivery Hero acquisition.
DoorDash Q3 Margin Outlook Beats, But 99x P/E Leaves No Room for Error
DoorDash's Q3 margin outlook beat estimates, but its 99x P/E leaves little room for error. Q2 EBITDA topped, but EPS missed by a penny.
Dow Rises on Rate-Sensitive Gains While Market Breadth Weakens
The Dow gained 0.87% even as private payrolls missed forecasts and ISM prices jumped. Nasdaq and small caps declined, with weak breadth and healthcare outperforming tech.
Uber's Cash Conversion Under the Microscope Ahead of Q2 Results
Uber (UBER) reports Q2 earnings amid concerns that booking growth isn't translating into cash, as it prepares a $14.8B Delivery Hero acquisition.
Grab Stock Climbs on Q2 Margin Gains and $750M Buyback
Grab shares jumped 4% premarket after Q2 revenue rose 22% to $997M, adjusted EBITDA surged 54%, and a $750M buyback was announced.
Grab Stock Climbs Ahead of Q2 Earnings as Superbank Consolidation Draws Focus
Grab shares advanced 3.1% to $3.61 ahead of Q2 earnings, with focus on adjusted EBITDA margins and Superbank consolidation effects on revenue.
Lucid Shares Jump 22% on Saudi Prince's 5% Stake Disclosure
Lucid shares surged 22% after a Saudi prince revealed a 5% passive stake, adding $546 million in market value. The stock later slipped in premarket trading.
Grab Holdings Up 1.8% in Premarket as Q2 Profit Targets Tighten
Grab Holdings (NASDAQ:GRAB) gained 1.8% in premarket trading after a 7.3% weekly decline, as Q2 margin outlooks raise the profit hurdle ahead of its August 3 earnings report.
Uber Market Cap Drops $6 Billion on Waymo Partnership Breakup Fears
Uber shares slid 4.3% on Friday, wiping out $6.1 billion in market value, following a report that Waymo is considering ending their robotaxi partnership.
Joby Aviation Shares Slide as Virgin Deal Sparks Revenue Concerns
Joby Aviation (JOBY) shares dropped 5.7% as its Virgin Atlantic deal lacked specifics on revenue, launch timing, and profit sharing, fueling investor skepticism.
Joby Aviation Shares Dip as UK Deal Spotlights Cash Runway to 2028
Joby Aviation shares declined as its Virgin Atlantic deal underscores a cash runway to 2028, matching the UK's target for commercial eVTOL flights. The stock fell 1.7% in New York trading.
Grab Shares Slide 9% as Uber-Delivery Hero Deal Raises Incentive Concerns
Grab shares dropped 9.2% this week as Uber's $14.8 billion bid for Delivery Hero, covering foodpanda in five key markets, heightens scrutiny on incentive spending.
Lucid's $948 Million Market Cap Wipeout Nearly Erases April Capital Infusion
Lucid's stock crashed 44%, erasing $948 million in market cap—almost all of its April capital package—amid reports of a possible sale or bankruptcy.
SRX Global Surges on Buyback, But Key Math Reveals Limits
SRX Global shares surged 28% on a $20M buyback, but the math reveals the plan can only retire 7.9M shares at current prices, well below the 10M cap.
Grab Board Exit Intensifies Focus on Taiwan Deal and Cash Position
Grab shares fell in premarket trading following Dara Khosrowshahi's board resignation, which analysts link to the company's pending purchase of Delivery Hero's Taiwan business.
Trump Crypto Earnings Match New Federal Child Fund
President Trump's $1.4 billion in crypto earnings for 2025 roughly matches the federal seed deposits for 1.4 million Trump Accounts, as Treasury plans to invest in the SPDR S&P 500 ETF. The disclosure raises ethics questions.
Lime Parent Neutron Holdings Rises 4% in Nasdaq Debut
Neutron Holdings (Lime) closed its Nasdaq debut at $26.00, a 4% gain from its $25 IPO price, with a modest first-day performance.
Grab Shares Rise Ahead of Indonesia Commission Cut; Buyback Supports
Grab shares gained 3.8% Monday as investors assess the July 1 Indonesia driver commission cut from 20% to 8%. The $500 million buyback plan provides support.
Uber Gains $8 Billion in Market Cap After Robotaxi Unit Launch
Uber gained $8 billion in market cap after unveiling its robotaxi unit, with shares rising 5% before slipping 0.7% to $75.69.
Uber Soars $8.2B in Market Cap as Retail Traders Pile In
Uber shares surged 5.47% on Friday, adding $8.2 billion in market value, as retail trading activity spiked ahead of the holiday week.
Uber surges 5.5% on volume spike as safety overhaul, robotaxi outlook drive debate
Uber surged 5.47% on Friday with trading volume 3.46 times its 65-day average, as investors weigh tighter U.S. background checks and robotaxi expansion.
Lucid Stock Surges 15.6%, Adding $312M in Market Cap After $158M Cost-Cutting Plan
Lucid shares surged 15.6% on Friday, adding $312 million in market value, nearly double the $158 million in annualized savings from this week's restructuring plan.
Uber Gains $7.9B in Market Cap as Core Business Drives Confidence
Uber shares jumped 5.2% on Friday, adding $7.9 billion in market cap, as investors focused on the company's robust Q2 EBITDA outlook and core business fundamentals.
Uber Stock Surges 7% on Eats Retail Expansion, Robotaxi Deals
Uber shares surged 7.2% after adding retailers like Kiehl's and FedEx Office to Uber Eats, while investors weigh delivery growth against robotaxi risks. Wall Street consensus target is $108.35.
Aurora Innovation Shares Fall Amid Cash Burn Concerns and Pilot Revenue
Aurora Innovation shares slid 2.1% to $6.42, landing between Uber's block sale price and a director's purchase level, as the autonomous truck developer reports $1 million in Q1 revenue and expects further capital raises.
Grab Faces Indonesia Fee Cut Test as Margins Tighten
Grab shares hover near $3.48 as Indonesia cuts ride-hailing commissions from 20% to 8% from July 1, pressuring margins. Investors eye volume growth and AI tools to offset profit risks.
Grab Shares Extend Slide Amid Profitability Concerns Despite Q1 Growth
Grab shares slipped 2.24% to $3.49, continuing their 30% year-to-date decline, despite a 24% revenue jump and record EBITDA in Q1, as worries about driver incentives and fuel costs persist.
Lime Targets $180.9M IPO, Uber Stake and Debt Guarantee in Focus
Lime aims to raise up to $180.9 million in its IPO, with Uber potentially purchasing $20 million in shares. Most proceeds will repay a $115 million debt guaranteed by Uber.
Rivian Cuts Jobs, R2 Launch Adds to Financial Strain
Rivian is cutting hundreds of jobs, less than 2% of its workforce, to reduce costs after launching the R2 SUV. Shares closed up 2% as investors weigh cost cuts against margin pressures.