Waymo is reportedly seeking to exit its partnership with Uber, which currently offers Waymo's robotaxis on Uber's platform in Austin and Atlanta. The contract between the two companies is set to end in May 2028, with Waymo planning to launch its own robotaxi service in these markets starting January 2028. This move follows earlier splits, including one in Phoenix, and rising tensions over safety concerns and regulatory disputes. The change could shift the competitive landscape in the autonomous ride-hailing sector.
Uber's Q3 FY26 results showed robust growth with a 20% increase in gross bookings and a 38% rise in non-GAAP EBIT, supported by share buybacks boosting EPS. The company is advancing its autonomous vehicle (AV) strategy through partnerships to address...
The US Justice Department has filed a lawsuit against Lyft, accusing the ride-hailing company of discriminating against passengers with disabilities, including those using service animals and mobility devices. The lawsuit seeks $53 million for affect...
Wall Street analysts overwhelmingly rate Uber as a buy, with a price target of $107.27, implying a 53.5% upside from its current $69.87 price. Uber's Q3 revenue beat estimates, and its delivery segment shows strong growth, driving optimism toward a p...
Take-Two Interactive expects a record year with Grand Theft Auto 6 preorders surpassing $750 million, as the game launches November 19. Boeing plans to reduce its commercial aircraft workforce by about 5%, combining layoffs and attrition, with employ...
Uber's stock closed at $69.87, significantly below Wall Street's average price target of around $107, signaling a potential 53.5% upside. The company reported strong growth with bookings up 20% and record free cash flow of $10.4 billion, though earni...
