Financial News

Semiconductor stocks fell after Trump–Xi talks ended without major chip agreements, while AI demand and earnings strength supported select tech names.

Rivian Automotive (NasdaqGS:RIVN) has secured a multi billion dollar order from Uber for up to 50,000 R2 SUVs. The vehicles are planned to be used as part of Uber's future robotaxi fleet focused on autonomous services. The agreement deepens Rivian's push beyond consumer EVs into commercial and autonomy focused partnerships. Rivian shares last closed at $13.79, with the stock down 3.0% over the past week and down 20.0% over the past month. Over the year to date, the share price is down...

Ibotta’s first quarter performance reflected a mix of improving commercial execution and ongoing product transformation, with management attributing the gradual revenue recovery to efforts in expanding the supply of promotional offers and adding new publisher partners. CEO Bryan Leach emphasized that the sales team’s ability to secure deeper and broader partnerships was central to near-term progress. Additionally, the introduction of exclusive deals with Uber and Giant Eagle highlighted Ibotta’s

Uber Technologies (UBER) is back in focus after a busy start to 2026, with strong first quarter results, rapid Uber One membership growth, larger investments in AI and autonomous vehicles, and new retail partnerships. See our latest analysis for Uber Technologies. Recent news around Q1 2026 results, Uber One milestones, and new partnerships has coincided with a 90 day share price return of 7.29%, yet the year to date share price return is down 9.38%. Over a longer horizon, the 3 year total...

Most people will focus on the Lime IPO, but there's a bigger opportunity with Uber.

Bill Ackman, David Tepper, and other top investors lifted Amazon stakes sharply in Q1 2026 13F filings released May 15.

While UBER stock has dipped so far this year, Wall Street sees massive upside ahead.

After Cerebras popped in its market debut, all attention turns to SpaceX, OpenAI and Anthropic, which are already among the most valuable U.S. tech companies.

Uber’s first quarter was marked by strong operational execution, with a 14.5% increase in sales and significant improvements in both profitability and user engagement. Management credited robust growth in both Mobility and Delivery segments, expanded product offerings, and disciplined cost management for the positive market reaction. CEO Dara Khosrowshahi highlighted the impact of new services such as Uber Reserve and cross-platform integration, stating these initiatives are “designed to deepen

Hedge fund Appaloosa, run by billionaire David Tepper, took an axe to many of its stock holdings in the first quarter of the year.

Pershing Square Capital Management, the hedge fund run by billionaire Bill Ackman, added Microsoft as a core holding during the first quarter of 2026, betting that the software giant will be a winner in the artificial-intelligence race. Pershing Square held 11 U.S.-listed equity positions with a disclosed market value of about $13.71 billion by the end of the first quarter, according to the fund’s latest 13F filing, which was submitted to the Securities and Exchange Commission on Friday. The top holding was Brookfield , valued at roughly $2.42 billion; followed by Amazon valued at $2.39 billion; and Uber valued at $2.15 billion.

SoftBank exited several holdings in the first quarter while cutting its T-Mobile stake.

CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.

Insights from Robert Karr (Trades, Portfolio)'s First Quarter 2026 13F Filing

- 13F Filing

(Bloomberg) -- Signs that Delivery Hero SE may be preparing to sell more assets have powered the beaten-down stock to the best week since its 2017 listing. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrump Says China Offered Help on Iran as Ship Taken Near UAEShares in th

Uber stock and DoorDash stock have slumped his year despite strong overall demand for food-ordering and app-based rides.

Rapido has driven its growth by enabling ride-hailing for lower-cost and more flexible modes of transport such as motorbikes and autorickshaws.

Uber Technologies Inc.’s (NYSE:UBER) partnership with Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo could reportedly hit a sour note as executives from the ride-hailing giant have criticized the latter’s expansion. Waymo’s Expansion, Scary San Francisco Moment Uber executives have painted AV-only operators like Waymo as less scalable and less reliable than a hybrid approach, with human drivers and Robotaxis being offered on ride-hailing platforms, Business Insider reported on Thursday. Read

Uber’s AI coding spend is accelerating. See key Q1 earnings-call takeaways and why aggressive AI use could decouple R&D costs from revenue—read now.

Cerebras Systems' shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.

Marta Norton, Empower chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, state of the AI trade, and more.

(Bloomberg) -- President Donald Trump’s latest financial disclosures show that he made a slew of stock and bond purchases with major American companies in the first quarter of the year totaling in the tens of millions of dollars and possibly more. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That Chi

Global-E Online powers cross-border e-commerce for brands worldwide, with recent filings revealing notable shifts in institutional holdings.

As a potential competitor to Nvidia, Cerebras generated tremendous hype before its IPO.

Payments provider dLocal on Thursday reported a 10% dip in ‌its first-quarter net profit missing ‌analyst estimates as a one-off tax charge and ​higher expenses offset a surge in payment volumes. Net profit for the period hit $41.9 million, falling short of the $48.9 million ‌expected by ⁠analysts. Total payment volume (TPV) surged 73% to $14.1 billion, up from $8.1 billion ‌a year earlier.

Uber Technologies is back in focus after an updated analyst fair value estimate moved from US$103.46 to US$105.01, a modest shift that still reflects a careful reassessment of the stock. Behind this adjustment is a mix of optimism and caution around automation plans with partners like Nvidia and Zoox, the integration of deals such as Blacklane, and how management handles capital returns. Read on to see what is driving this evolving narrative and how you can track it over time. Stay updated as...

Fifty million is a number worth pausing on. That's how many people now pay for Uber One, the company's subscription program, and it says a lot about where Uber Technologies is headed. CEO Dara Khosrowshahi called it a "unique advantage" over competitors during the company's first-quarter 2026 ...

The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago

The stock of artificial intelligence (A.I.) chipmaker Cerebras Systems (NASDAQ: $CBRS) nearly doubled in its market...