Uber announced plans to open two new engineering campuses in Bengaluru and Hyderabad by the end of 2027, accommodating around 9,600 employees. The company also partnered with Adani Group to build its first data center in India, expected to launch in late 2026. This expansion supports Uber's growing investments in AI, automation, and autonomous vehicle technologies, leveraging India's large software talent pool. Despite challenges in the Indian ride-hailing market, Uber aims to strengthen its engineering and infrastructure base for global operations.
President Donald Trump made significant stock purchases worth between $220 million and $750 million in the first quarter of 2026, including shares in tech giants like Nvidia, Oracle, and Microsoft, as well as defense companies such as Palantir and Bo...
Billionaire investor Bill Ackman has started buying Microsoft shares after the stock fell over 15% in 2026, seeing value at 21 times forward earnings. Ackman, known for concentrated bets, views Microsoft's Azure cloud and M365 AI suite as key drivers...
Anthropic, an AI company founded in 2021, has rapidly grown its annualized revenue run rate from $87 million to nearly $40 billion in just three years, a pace unmatched by major tech firms like Salesforce or Amazon. This explosive growth is fueled by...
Uber is rated a Strong Buy due to its strong fundamentals including 22% gross bookings growth and free cash flow growing twice as fast as revenue. The company benefits from diversified profits across delivery, geographies, and advertising, and strate...
Uber reported strong Q1 results with Gross Bookings up 25% year-over-year to $53.72 billion and earnings per share slightly above expectations. The company provided upbeat Q2 guidance, projecting 31% to 38% EPS growth and adjusted EBITDA between $2.7...
