Uber Technologies Inc
Instacart jumps 14% on strong results as CEO calls grocery competition fears ‘overblown’
Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged more than 14% after the company’s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely […]
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Instacart stock pops 14% on revenue beat, rosy guidance
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income totaled […]
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Lyft CEO Risher says consumer is showing ‘no softness’ as stock slides 15% after earnings
Lyft CEO David Risher defended the company’s fourth-quarter results Wednesday, telling CNBC that consumer demand remains strong. “We have record profits, generated over a billion dollars in cash, and that’s a result of our customer-obsessed strategy, which just keeps working and growing the company,” he told CNBC’s “Squawk Box.” “So, love what we’re seeing, and […]
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Uber Eats launches AI cart assistant for grocery delivery
An Uber Eats bag in the Brooklyn borough of New York, US, on Thursday, Jan. 15, 2026. Michael Nagle | Bloomberg | Getty Images Uber Eats is bringing artificial intelligence to your next grocery shopping list. The ride-hailing company said on Wednesday that its food delivery platform is debuting a new AI assistant that lets […]
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Lyft debuts teen accounts more than two years after Uber
Lyft on Monday officially launched teen accounts nationwide in a bid to match competitor Uber. CEO David Risher addressed Lyft’s delayed teen accounts rollout, saying the company “wanted to get it right” and is distinguishing itself with parent and driver communication tools. “We’ve been really thoughtful as we’ve talked to parents and teens to come […]
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Uber held liable, ordered to pay $8.5 million in driver rape suit
Uber signs are seen on cars in Krakow, Poland on October 12, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Thursday was ordered to pay $8.5 million to the plaintiff in an Arizona trial that is the first of thousands of lawsuits involving alleged sexual assault and misconduct by drivers on the ridesharing […]
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OpenAI launches new enterprise platform in bid to win more business customers
Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI on Thursday announced a new enterprise platform called Frontier, its latest launch as part of its ongoing effort to win more business customers. Frontier acts as an intelligence layer that stitches together disparate systems […]
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Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club […]
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Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday. Shares sank premarket after the release. Here’s how the company did versus LSEG consensus estimates for the period ended in December: Earnings per share: 71 cents adjusted Revenue: $14.37 billion vs. $14.32 billion estimated Revenue increased from $12 billion a year earlier, Uber said […]
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Stocks making the biggest moves premarket: AMD, Uber, Eli Lilly, Super Micro, Chipotle, Enphase and more
Check out the companies making headlines before the bell. Super Micro Computer — Shares jumped 10% as strong demand for Super Micro’s AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter […]
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