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- US stocks resume rally, led by Nasdaq as chipmakers soar
The three major indexes have rallied in six of the last eight sessions, with all three having rebounded a ...More
The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market. ...Less
- Covid-19 impact: Indian startups deferring IPO plans, cutting investment round sizes
“Globally (and in India) investors have almost shut their doors to new tech bets, especially for any roun ...More
“Globally (and in India) investors have almost shut their doors to new tech bets, especially for any rounds higher than $30-$50 million… In emerging markets like India, we expect that prices will continue to be low for at least a year... we’d rather let the markets stabilize and winners play out,” said a top tier fund partner based in the United States. ...Less
- Uber shares jump to three-month high after Bill Ackman builds stake
Shares of Uber Technologies soared to a three-month high after billionaire Bill Ackman revealed a $2.3 bi ...More
Shares of Uber Technologies soared to a three-month high after billionaire Bill Ackman revealed a $2.3 billion stake. Ackman praised CEO Dara Khosrowshahi for transforming Uber into a profitable growth machine since 2017. Uber's fourth-quarter revenue jumped 20% to $11.96 billion, although adjusted net profit fell short of expectations, at 23 cents per share. ...Less
- Uber stock skyrockets 7% today - what's driving the move? Know the details
Uber stock skyrockets 7% today after launching self-driving taxis in Atlanta and receiving major analyst ...More
Uber stock skyrockets 7% today after launching self-driving taxis in Atlanta and receiving major analyst upgrades, sparking excitement among investors. With the stock now trading at $91.41, up $6.17 in a day, analysts from JPMorgan and Raymond James raised their price targets, citing strong earnings growth, AI potential, and automation expansion. ...Less
- Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with Baidu
Uber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next ...More
Uber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ride-hailing giant at the forefront of autonomous vehicle integration. This partnership follows a similar initiative by rival Lyft, which also plans to test robotaxis in the city. ...Less
- Shares of a publicly traded Uber might be crashing
Uber is being sued by Alphabet (Google) in a high-stakes lawsuit over self-driving car technology, and th ...More
Uber is being sued by Alphabet (Google) in a high-stakes lawsuit over self-driving car technology, and the company is still suffering the fallout from explosive revelations of a sexist corporate culture. ...Less
