Uber Stock Drops as Soft Q3 Outlook Overshadows Strong Bookings Growth
Uber reported strong Q2 bookings of $58B and record users, yet shares dropped on weaker Q3 profit forecast and heavy robotaxi investment.
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Waymo Explores Ending Uber Partnership as Robotaxi Rivalry Heats Up
Partnership strains grow as Waymo plans independent robotaxi launches in Austin and Atlanta by 2028.
Bleecker Street Shorts Lyft Over $1.3–$2.7 Billion in Hidden Sexual Assault Lawsuit Risks
Bleecker is betting against Lyft, warning of hidden lawsuit costs, weak growth, safety issues, and limited protection from insurance.
Uber’s Largest Acquisition Ever: $14.8 Billion Takeover of Delivery Hero
The deal creates a massive food delivery network spanning 99 countries.
Uber Offers €41 Per Share for Delivery Hero in €12.5 Billion Deal
The move would boost Uber Eats globally but faces antitrust scrutiny.
Uber in Advanced Talks to Fully Acquire Delivery Hero
The deal would significantly expand Uber’s global food delivery footprint across Europe, Asia, and the Middle East.