Hertz Surges as Oro Mobility Partners with Uber to Launch Robotaxi and Driver Fleets
Hertz jumps after teaming with Uber to run robotaxis and driver rides, expanding into self-driving and shared mobility markets.
/ 9 items
#HTZ↓
Avis Budget Stock Plunges After Worse-Than-Expected Q1 2026 Loss
Avis Budget Group shares plunged after a worse-than-expected Q1 2026 loss of $8.01 per share versus estimates, while revenue rose slightly.
Hertz Reports Boom in Road Trip Rentals Amid Airport Disruptions
Travelers are ditching crowded airports amid the government shutdown. Hertz reports 15% higher website traffic and 33% of rentals for road trips.
Hertz Misses Expectations in Q4 but Signals Turnaround Momentum for 2026
Hertz missed Wall Street forecasts with a 63-cent adjusted loss in Q4 due to government shutdown, flight chaos, and soft used-car prices. Revenue stable, full-year progress strong, and mid-single-digit growth expected in Q1 2026.
Avis Slashes U.S. EV Fleet Value by $518 Million — Q4 Results Miss Estimates
Avis Budget Group (CAR) reported a $747M Q4 loss after a $518M write-down on U.S. electric vehicles. Revenue dipped to $2.66B, missing estimates; fleet costs fell 18%. Shares down.
Supreme Court Denies Hertz Appeal: $320M Owed to Bondholders After COVID Bankruptcy
US Supreme Court rejects Hertz's challenge to $320M+ bondholder payment ruling from its 2020 COVID bankruptcy, requiring make-whole premiums and higher interest rates.