Uber Technologies Inc
Nvidia AI chip rivals attract record funding as competition heats up
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Nvidia has cemented itself at the heart of the AI boom with a monopoly on the most powerful chips to train and run models, but a growing crop of startups are set on challenging the company’s supremacy. And […]
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Uber Eats has a fix for pesky returns. You can just sit on the couch
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Returning packages is a pain. Uber says it can fix that. Uber Eats announced a returns feature on Friday that lets customers do it all from the phone, and a courier will pick up and […]
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Uber raises stake in Delivery Hero in $318 million deal
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Friday agreed to purchase an additional 4.5% of shares of German food delivery firm Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 270 million euros ($318 […]
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Stocks making the biggest moves midday: DoorDash, Robinhood, Broadcom, Sandisk & more
Here are the companies making headlines in midday trading. Nvidia – Shares of the chip giant popped about 1% as investors plowed money back into tech stocks. Nvidia is on pace for an 11th consecutive winning session, its longest stretch of daily gains on record. Caterpillar – The manufacturer of construction equipment dropped about 5%. […]
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Chip giants AMD, Qualcomm and Arm back driverless car startup Wayve with fresh funds
A prototype of the Nissan Motor Co. Leaf-based autonomous vehicle equipped with Wayve Technologies Ltd.’s AI Driver software and connected to Uber Technologies Inc.’s ride-hailing platform on display during a news conference in Tokyo, Japan, on Thursday, March 12, 2026. Kiyoshi Ota | Bloomberg | Getty Images British autonomous driving startup Wayve on Wednesday said it […]
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Chinese robotaxi companies forge ahead with UAE expansion despite Iran war
Key Points At least three Chinese robotaxi companies are pushing ahead with their expansion into the Middle East. The UAE and China held a business cooperation forum in Beijing earlier this week. Chinese robotaxi companies have ramped up their global expansion plans in the last two years, making the most progress in the Middle East. […]
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Lucid names auto industry outsider as CEO, expands Uber deal
Lucid electric vehicles are seen at the New York International Auto Show on April 2, 2026. Danielle DeVries | CNBC Lucid Group has named the former chairman and CEO of Schindler Group, an industrial manufacturer of escalators and elevators, as its new chief executive. Silvio Napoli, who spent nearly 31 years at Schindler, is set […]
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Nissan to trim global car lineup, boost use of AI driving tech
Nissan at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Nissan Motor plans to streamline its global automobile lineup by exiting low-performing ones and deploy its artificial intelligence driving technology across 90% of its array over the long term as it targets a revitalisation after years of […]
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Avoid these stocks in the second quarter, says Piper Sandler
With the second quarter in full swing, Piper Sandler compiled a list of stocks to avoid during the period. Many of the factors that shaped stock performance during the first quarter persist into the second. The war with Iran has caused oil prices to rise and energy stocks to swell. The State Street Energy Select […]
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Coca-Cola unveils ad campaign with 13 restaurant chains to boost drink sales as diner traffic falls
Coca-Cola on Thursday unveiled a new marketing campaign to boost sales of its soda at restaurants as declining traffic and sluggish sales growth challenge both the industry and its top beverage supplier. The campaign marks the first time Coke has released ads featuring multiple restaurant partners. The commercials flash across different consumers ordering their meals […]
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