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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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2 mins read

Carla Mozée   


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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   


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1 min read

Uber shares drop sharply in premarket trade after it misses on earnings-per-share, but bookings jump by a fifth

Uber's share price fell as much as 8% pre-market after announcing its first-quarter earnings.

Pete Syme   


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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   


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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   


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3 mins read

Instacart's stock falls below the IPO price. Here are 7 reasons why.

An analysis of Instacart's lackluster IPO performance and its tough grocery delivery business model…

Alistair Barr   


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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   


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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…

Will Daniel   


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1 min read

US stocks extend sell-off as bond yields jump following Fitch downgrade of US credit rating

Investors are waiting for financials from Apple and Amazon, which are set to report earnings after …

Jennifer Sor