Uber Technologies Inc
Stocks making the biggest moves premarket: Uber, Sarepta, Palantir, Norwegian Cruise and more
Check out the companies making the biggest moves in premarket trading: Uber Technologies — The ride-sharing company fell 5% after saying fourth quarter adjusted EBITDA will range between $2.41 billion and $2.51 billion versus $2.47 billion expected by analysts polled by FactSet. Third-quarter revenue beat Wall Street’s expectations, at $13.47 billion versus the $13.28 billion […]
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Uber falls 4% despite third-quarter revenue beat
Dara Khosrowshahi, CEO, Uber Technologies speaks during the third day of the FII PRIORITY Summit held at the Faena Hotel on February 21, 2025 in Miami Beach, Florida. Joe Raedle | Getty Images Uber shares fell 4% before the bell even after the ridesharing company beat Wall Street’s third-quarter revenue expectations. Earnings per share: $3.11. It […]
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Palantir earnings, Pizza Hut’s options, a new consumer staples giant and more in Morning Squawk
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are […]
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Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing
Jensen Huang, chief executive officer of Nvidia Corp., during the keynote address at the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Korean semiconductor giant Samsung said on Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphic […]
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Coffee delivery is now a $1 billion business for Starbucks
Close-up of a Starbucks branded paper bag on a picnic table outdoors in a park, Walnut Creek, California, May 19, 2024. Smith Collection/gado | Archive Photos | Getty Images Coffee delivery has turned into a $1 billion business for Starbucks. The coffee giant said on Wednesday that its annual delivery sales crossed the milestone in […]
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Top Wall Street analysts pound the table for solid returns in these 3 stocks
The stock market has been volatile lately as investors study the latest twists and turns in the the U.S.-China trade war as well as earnings of major American companies. Despite those challenges, investors can also choose to focus on stocks of companies that can navigate short-term pressures to deliver strong, long-term returns. Tracking top Wall […]
Read MoreBaidu’s Apollo Go plans to launch taxis with no steering wheels in Switzerland as the race for robotaxis in Europe heats up
Chinese tech company Baidu announced Wednesday its Apollo Go robotaxi arm has entered a strategic partnership with PostBus in Switzerland. Baidu BEIJING — Chinese tech giant Baidu announced Wednesday that its robotaxi unit will start test drives in Switzerland in December, as firms race to get their vehicles on European roads. The company’s Apollo Go […]
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Uber will offer gig work like AI data labeling to drivers while not on the road
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an unveiling event in New York, US, on Wednesday, May 14, 2025. Yuki Iwamura | Bloomberg | Getty Images Uber plans to offer drivers and couriers in the U.S. ways to make money through the company’s app when they’re not ferrying around people or […]
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