Uber Beats Wall Street Expectations – Q2 Bookings Forecast Hits Record Highs Despite Middle East Conflict
Uber had strong Q1 2026: more trips, higher revenue, AI growth, and plans for robotaxis. Stock rose after upbeat forecast.
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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.
Uber Becomes Major Lucid Shareholder: 35,000 Self-Driving Cars Coming
Uber just raised its stake in Lucid to 11.5% with a $500 million investment and expanded its robotaxi order from 20,000 to 35,000 vehicles.
Uber’s Massive Shift: $10 Billion Push into Self-Driving Cars
Uber is investing $10B in self-driving cars and robotaxis, shifting from not owning cars to owning fleets to stay competitive.
Silvio Napoli Takes Helm at Lucid as Company Secures $1B+ in Fresh Capital
Lucid names Silvio Napoli CEO, secures $1B+ funding, pushes EV growth but faces stock drop and supply issues.
Uber Ditches Oracle & Google to Use Amazon’s Custom AI Chips
Uber is increasing its use of AWS cloud services, expanding with Amazon’s Graviton processors and testing Trainium3 AI chips. A major shift from Oracle and Google Cloud.