Uber Technologies Inc
Baidu robotaxis reportedly halted mid-traffic causing crashes in Wuhan, China
A Baidu Inc. Apollo Go autonomous driving electric vehicle displayed at the International Automotive and Supply Chain Expo in Hong Kong, June 12, 2025. Chan Long Hei | Bloomberg | Getty Images Baidu’s Apollo Go robotaxis reportedly stopped mid-traffic, trapping passengers and resulting in highway collisions on the streets of the Chinese city of Wuhan […]
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Snap climbs 13% as activist Irenic suggests changes to boost stock’s value 7x
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Shares of Snap climbed 13% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes that […]
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New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt […]
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Amazon’s Zoox to debut robotaxis in Austin, Miami later this year as it awaits paid ride approval
A Zoox autonomous robotaxi in San Francisco on Dec. 4, 2024. David Paul Morris | Bloomberg | Getty Images Amazon‘s Zoox self-driving unit is preparing to launch its robotaxi service to some members of the public in Austin and Miami later this year, the company announced Tuesday. Zoox will soon deploy its toaster-shaped robotaxis, which […]
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FedEx launches same-day delivery with OneRail as Amazon, Walmart boost their speeds
FedEx is launching a same-day shipping program with last-mile delivery company OneRail, just after Amazon announced it will start offering quicker shipping times, CNBC has learned exclusively. The new partnership means customers now have a definite “by end-of-day offering,” according to Jason Brenner, FedEx’s senior vice president of digital. “Our value prop is about speed, […]
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The Dow’s losing streak, fertilizer prices, Novo Nordisk’s new Wegovy shot and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. In a tale of two viral hotspots, Polymarket is planning a pop-up bar in Washington, D.C., while a New York City pharmacy is seeing a surge after its feature in FX’s “Love Story.” Stock futures are down this morning after […]
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Eli Lilly’s new shot shows solid weight loss in study — plus, a way for Nvidia to perk up
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 Thursday ‘ s key moments. 1. Stocks fell Thursday as oil prices continued higher. Brent international crude briefly touched $119 per barrel after Iran attacked a key LNG facility in Qatar. Tehran said […]
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Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis
The Rivian R2 is on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 23, 2025 in Los Angeles, California. Josh Lefkowitz | Getty Images Uber Technologies plans to invest up to $1.25 billion in electric vehicle maker Rivian Automotive as part of a deal to deploy up […]
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Amazon rolls out 1-hour, 3-hour delivery as ultrafast shipping trend grows in the U.S.
A worker delivers Amazon packages in San Francisco, California, on Feb. 2, 2026. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday it’s starting one-hour and three-hour deliveries in parts of the U.S., as the company continues to look for ways to satisfy impatient consumers. The company said three-hour delivery is available in […]
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Nvidia adds Hyundai, BYD and other automakers to self-driving tech business
Nvidia CEO Jensen Hwang gives the keynote address at the company’s annual GTC developers conference at the SAP Center in San Jose, California, on March 16, 2026. Josh Edelson | Afp | Getty Images Nvidia is expanding deals for its autonomous vehicle development business to Hyundai Motor, Nissan Motor and Isuzu, as well as Chinese […]
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