Uber Technologies Inc
Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout
Oracle CEO Clay Magouyrk speaks at a Q&A session following a tour of the OpenAI data center in Abilene, Texas, on Sept. 23, 2025. Shelby Tauber | Pool | Reuters Three months ago Oracle named Clay Magouyrk and Mike Sicilia as its new CEOs. They’re off to a rough start. Oracle shares have plummeted 30% […]
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The blowout AI trades that surprised Wall Street in 2025
The artificial intelligence trade got tougher in 2025. While a significant capital expenditure cycle and earnings growth from the world’s biggest tech companies supported the market’s rally to record heights — with the S & P 500 to jumping more than 17% and the Nasdaq Composite gaining 22% year to date — the easy gains […]
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Uber, Lyft set to trial robotaxis in the UK in partnership with China’s Baidu
A Baidu Apollo RT6 robotaxi during Baidu’s Apollo Day in Wuhan, China, on Wednesday, May 15, 2024. Bloomberg | Bloomberg | Getty Images Chinese tech giant Baidu has announced plans to bring robotaxis to London starting next year through its partnerships with Lyft and Uber, as the UK emerges as a growing autonomous vehicle battleground. […]
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Lucid’s big SUV arrives with high expectations, and big risks
Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars. However, it has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands with century-old […]
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Instacart to pay $60 million to settle FTC claims it deceived customers
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart will pay $60 million to settle allegations by the Federal Trade Commission that it misled users with false advertising and deployed “unlawful subscription enrollment” practices. The federal agency alleged that Instacart used deceptive tactics in its subscription sign-up and “satisfaction guarantee” advertising that caused […]
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Robotaxis in 2025: Waymo plots global expansion as Zoox, Tesla roll to the starting line
Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of […]
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Costco tops Wall Street’s sales and revenue expectations
Customers walk in the parking lot outside a Costco store on Dec. 2, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday surpassed Wall Street’s quarterly expectations and posted year-over-year sales growth of 8.2% as the retailer attracted more digital sales and opened new locations. The warehouse club does not share a […]
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Uber rolls out driverless robotaxis in Abu Dhabi
Driverless WeRide robotaxis for Uber. Courtesy: Uber Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in Abu Dhabi in partnership WeRide, a Chinese autonomous vehicle company. The ride-hailing company said the launch in the United Arab Emirates capital represents the first driverless robotaxi service in the Middle East. […]
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These are the most oversold stocks in the market that are ripe for a near-term bounce
Several technology stocks that investors dumped over the past week could now be primed for a comeback, according to one popular momentum indicator. Even with Friday’s stock market gains, all the three major U.S. indexes suffered a losing week. The S & P 500 dropped nearly 2%, a fraction more than the 30-stock Dow Jones […]
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AI Christmas: The latest devices from Amazon, Meta, Google and more
Three years since the arrival of OpenAI’s ChatGPT, more devices featuring generative AI technology have hit the market in time for the 2025 holiday shopping season, with many offering deals for Black Friday. Shoppers can pick from more advanced smart glasses, smart speakers with genAI and a pendant AI friend that acts as a confidant. […]
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