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1 min read
Uber drops after its bookings results and forecast fail to impress
Uber took a hit Thursday after the ride-hailing and delivery company reported mixed third-quarter r…
Dominick Reuter
2 mins read
AI hype is a bubble set to burst as it follows the path of tech manias throughout history, legendary investor Jeremy Grantham says
Jeremy Grantham has previously warned of steep declines coming for stocks as a multi-asset "superbu…
Jennifer Sor
1 min read
Serve Robotics stock soars 241% after Nvidia takes $4 million stake in the company
Serve Robotics was founded in 2017 and develops and operates self-driving delivery vehicles focused…
Matthew Fox
3 mins read
Elon Musk's Robotaxi is still miles away from overtaking Uber and Lyft in the ride-hailing race
Elon Musk has big plans for Tesla's Robotaxi, which could disrupt the ride-hailing economy. However…
Shubhangi Goel,Beatrice Nolan
2 mins read
5 reasons why Uber is on the up
After years of massive losses and huge spending, Uber is now profitable.
Tom Carter
2 mins read
Stock market today: Indexes slide amid earnings-fueled tech selloff
Stocks opened on track to snap a dayslong winning streak as investors took in weak earnings and gui…
Jennifer Sor
3 mins read
The stock market's sell-off is over and the Fed gave 5 bullish signs to investors at its latest meeting, Fundstrat's Tom Lee says
The Fed looks increasingly dovish, setting stocks up for a gain in May, according to Fundstrat's he…
Jennifer Sor
2 mins read
US stocks rise amid earnings, fresh Fed comments on rates
The S&P 500 is closing in on 5,000 for the first time ever. Stocks rose as traders digest earnings …
Jennifer Sor
5 mins read
Pricing is really weird lately
Wildly varying prices are coming to everyday items — and it's driving Americans crazy.
Jordan Parker Erb
2 mins read
Nvidia is too 'frothy' and its price will fall from unsustainable heights, analyst says
Nvidia has a P/E ratio of 97, which dwarfs all of its trillion-dollar peers. And fellow chipmakers …
Aruni Soni
2 mins read
US stocks rise as strong GDP data boosts soft landing outlooks
The hot GDP report may push out timelines for the Fed to cut interest rates, but it also signals th…
Phil Rosen
2 mins read
The Dow Jones will eclipse 100,000 on a 'turbo booster' combo of earnings growth and Fed rate cuts, Wall Street CIO says
"Stock prices love strong earnings and lower interest rates," Main Street Research CIO James Demmer…
Matthew Fox
2 mins read
Warren Buffett likes Uber's strong brand and value to customers, his deputy told a leading tech investor
Warren Buffett and his team seem to like the fact that "Uber" has become a verb like "Google," and …
Theron Mohamed
2 mins read
Amazon and Uber are set to benefit from more workers coming onboard as enhanced unemployment programs expire, says Bank of America
Uber should be adding even more drivers as extra federal pay for gig workers expires.
Carla Mozée
2 mins read
Mark Cuban passed on Uber when it was worth $10 million or less. He missed out on billions of dollars in profits.
The tech billionaire and "Shark Tank" star tried to negotiate an even cheaper valuation for a compa…
Theron Mohamed
1 min read
Uber climbs as the ride-hailing service forecasts adjusted profit for the 3rd quarter
Uber also increased the top end of its gross bookings outlook for the third quarter to $22.8 billio…
Carla Mozée
1 min read
Uber reported its first quarterly profit ever this week. Here's a look at how it got there.
Uber has grown its quarterly revenues from under $3 billion in 2018 to over $9 billion last quarter…
Theron Mohamed
2 mins read
Uber's investment in Didi could help unlock 40% upside potential in the US ride hailing giant's stock, Bank of America says
"Based on 1.9 billion shares outstanding for Uber, we estimate that translates to an incremental ~$…
Matthew Fox
4 mins read
Here's why stocks have tanked in August and what Wall Street expects to happen next
The S&P 500 has given up about a quarter of its 2023 gains this month. Rising bond yields, China's …
Phil Rosen
1 min read
Uber and Lyft will outperform despite US Labor Secretary's comments that gig workers should be treated as employees, Wedbush says
Wedbush's Dan Ives said that based on industry checks with legal experts he believes federal involv…