Uber Technologies Inc
Stocks making the biggest moves midday: Tesla, Unity Software, Constellation Energy and more
Check out the companies making headlines in midday trading: Tesla — The electric vehicle maker slipped 5% after reporting its first ever annual vehicle deliveries decline . Tesla delivered 1.79 million vehicles in 2024, a drop from 1.81 million in 2023. Constellation Energy — Shares jumped 7% after the company secured a record-setting $1 billion […]
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Stocks making the biggest moves premarket: Nvidia, Synaptics, Cloudflare, Topgolf Callaway Brands and more
Check out the companies making headlines in premarket trading. Synaptics — The semiconductor company climbed 5.9% after announcing a partnership with Google on Edge AI. Through the collaboration, Google’s machine learning core will be integrated on Synaptics’ Astra hardware. Nvidia — Shares of the chip maker popped 1.7%, marking a positive start to the new […]
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Waymo dominated U.S. robotaxi market in 2024, but Tesla and Amazon’s Zoox loom
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as […]
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Here’s why business leaders are spending big on Trump’s inaugural committee
Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as […]
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Silicon Valley’s White House influence grows as Trump taps tech execs for key roles
U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024. Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a […]
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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. […]
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Stocks making the biggest moves midday: ServiceTitan, Adobe, Warner Bros. Discovery, Riot Platforms and more
Check out the companies making headlines in midday trading: Adobe — The software company tumbled more than 12% after it announced lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenue between $5.63 billion and $5.68 billion in the fiscal first quarter, missing the consensus estimate of $5.73 billion, according to LSEG. Warner […]
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Stocks making the biggest moves premarket: Uber, Celsius Holdings, Adobe, Chewy and more
Check out the companies making headlines before the bell. Constellation Energy — The energy stock added 2% following an upgrade to buy from neutral at Bank of America. Analyst Ross Fowler said that the company was in the best position to benefit from upcoming regulatory clarity coupled with increasing demand and tightening supply. This potential […]
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Goldman predicts these names will have four times the return of the typical stock with less risk
For investors looking for ways to beat the market after a stellar year, Goldman Sachs is touting a portfolio of names that have the highest expected risk-adjusted returns. The bank is recommending its clients check out stocks with high Sharpe ratios, a measure of an asset’s performance relative to its volatility. The firm expects the […]
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Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Courtesy Uber Technologies, Inc. Uber is partnering with China’s WeRide to offer autonomous vehicle rides in Abu Dhabi, the companies announced on Friday. To start, each WeRide robotaxi that’s hailed via the Uber app will come with a human driver present “to ensure […]
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