Uber Technologies Inc is a leading technology company that revolutionizes urban transportation and logistics through its mobile app platform. The company connects riders with drivers for convenient ride-hailing services, while also offering a range of additional services, such as food delivery through Uber Eats and freight transportation. With a focus on innovation, Uber continually explores advancements in areas like autonomous vehicles and aerial mobility, aiming to enhance the efficiency and accessibility of transportation solutions for individuals and businesses worldwide. Read More
Ride sharing and on-demand delivery platform Uber (NYSE:UBER) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 13.8% year on year to $11.53 billion. Its non-GAAP profit of $1.06 per share was 52.3% above analysts’ consensus estimates.
Insmed said that it will immediately engage with the U.S. Food and Drug Administration (FDA) regarding a late-stage study design following the positive results from the mid-stage trial.
The company did not provide a specific timeline for the trials but stated that it would be shared in the coming months, along with the details of the car manufacturer it would partner with.
Wayve and Uber Technologies, Inc. (NYSE: UBER) today announced a first-ever plan to develop and launch public-road trials of Level 4 (L4) fully autonomous vehicles in London. This announcement marks the UK as the largest market where Uber has announced an intention to pilot autonomous vehicles. These trials will combine Wayve's industry-leading Embodied AI platform with Uber’s global mobility network, marking a significant step forward in bringing autonomous vehicles to the streets of Europe at scale.
Grab has reportedly indicated a pause or potential halt in its merger talks with GoTo amid regulatory concerns and political backlash in Indonesia over concerns about competition and consumer impact.
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Uber Eats, DoorDash, and Grubhub reached a settlement with New York City over a set of laws that increased the minimum pay for delivery workers and capped the fees charged to restaurants.
