Uber Technologies Inc
Stocks making the biggest moves premarket: Palantir, Caterpillar, Yum China, CrowdStrike and more
Check out the companies making headlines before the bell: Palantir Technologies — The data analytics company rallied 11% after raising its full-year revenue forecast. Palantir now sees revenue between $2.74 billion and $2.75 billion. That’s up from a range of $2.68 billion to $2.69 billion. Yum China — Shares surged 8% after the Shanghai-based operator […]
Read More
Uber reports better-than-expected results for second quarter
Dara Khosrowshahi, CEO of Uber, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Uber reported second-quarter results that topped Wall Street estimates on Tuesday. The stock rose about 4% in pre-market trading. Here’s how the company did for the period […]
Read More
Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company’s electric cars, […]
Read More
Food delivery fees are rising, and everyone’s feeling the pinch
A food delivery messenger is seen in Manhattan. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Food from the restaurant of your choosing, delivered right to your door — at what cost? Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash […]
Read More
Uber now shows average wait time and cost for rides in thousands of cities
Rafael Henrique | SOPA Images | Lightrocket | Getty Images Uber on Tuesday announced it’s rolling out a new feature that lets users see average wait times and costs for rides in more than 10,000 cities. The feature, which aims to make planning summer travel easier, comes as record numbers of travelers are passing through […]
Read More
San Francisco’s AI increase can’t quit authentic estate slide, as workplace vacancies access new record
Synthetic intelligence has been a big boon for San Francisco actual estate. But not enough of a person to make up for the broader struggle throughout the market. The vacancy charge for San Francisco place of work space attained a new file of 34.5% in the 2nd quarter, in accordance to a report Monday from […]
Read More
Jefferies suggests shares of this lesser identified world-wide shipping firm are established to soar about 125%
Shares of Dutch food stuff shipping and delivery marketplace Just Consume Takeaway.com could more than double in excess of the up coming 12 months, in accordance to Jefferies analysts. In a June 26 exploration report, the U.S. expense bank established a goal price of 25.5 euros ($27.62) on the inventory — providing it potential upside […]
Read More
Supreme Court punts social media moderation instances back to reduced courts
Chris Marchese (L), Director of NetChoice Litigation Centre seems to be on as Matt Schruers (C), President and CEO of the Laptop & Communications Field Affiliation (CCIA), speaks to reporters outdoors of the US Supreme Court in Washington, DC on February 26, 2024. Andrew Caballero-Reynolds | AFP | Getty Illustrations or photos The Supreme Court […]
Read More
Inside Europe’s tech hubs: France’s AI push puts it on the rise
In the 13th arrondissement of the French capital Paris is an old rail freight station that has been converted into the world’s biggest startup campus. Known as Station F, the massive complex, which can house 1,000 startups and has corporate partners including U.S. tech giants like Meta and Google, underscores France’s push over the last […]
Read More
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study […]
Read More