Uber is expected to report Q2 results in line with or slightly above expectations, with revenue around $14.2 billion and strong gross bookings growth. Analysts from Bank of America and Jefferies highlight that investor focus will be on Uber's autonomous vehicle (AV) strategy, especially after news about Waymo ending its exclusive partnership with Uber in some US cities. Despite this, Uber's broad network of over 20 AV partnerships globally positions it well for future growth. The company is also expected to discuss its Delivery Hero deal and US mobility demand during the earnings call. Uber shares have fallen about 14% this year but remain supported by growth prospects in AV and core operations.
Uber has invested $10 million in Indian fleet management startup Carrum Mobility, valuing the company at about $168 million. Carrum supplies over 5,100 vehicles and 18,000 drivers to Uber’s various service tiers in India, including the premium Uber B...
Tesla's stock rose 4% following Slovenia's approval of its Full Self-Driving system and the launch of the Cybercab, a vehicle designed for autonomous ride-hailing. This progress threatens Uber, whose shares fell 4%, despite strong Q2 2026 results sho...
Uber's profits doubled and free cash flow surpassed $10 billion, yet its stock price remains flat and down over the past year. The market appears to be pricing in risks from autonomous vehicle rivals like Waymo, which could disrupt Uber's dominance i...
Travis Kalanick, Uber's co-founder, is preparing to return to the ride-hailing industry through his new startup, Atoms, which focuses on robotaxi technology. Atoms recently secured $1.7 billion in funding and is recruiting autonomous vehicle engineer...
Walmart is launching delivery of Dunkin' products from its stores and plans to expand to most Dunkin' locations nationwide, competing directly with food delivery services like Uber Eats and DoorDash. This move builds on Walmart's existing Subway deli...
