Weekend Morning Brew: Fed Rate Hike, Oil Prices, and AI Concerns Drive Market Sentiment
Weekly Market HighlightsDuring the week, 779 stocks gained more than 10%, while 6077 stocks declined, reflecting a challenging market environment.The average r
Weekly Market HighlightsDuring the week, 779 stocks gained more than 10%, while 6077 stocks declined, reflecting a challenging market environment.The average r
Insiders are buying some of the best-known stocks in transportation, retail, and real estate. These buys come amid different backdrops for each firm and stock.
LOS ANGELES--(BUSINESS WIRE)-- #ArbitrationAward--Panish | Shea | Ravipudi LLP announces that a retired California judge has ordered Uber Technologies, Inc. to pay $40 million to the parents of Emily Normandin-Parker, a 23-year-old UCLA graduate who was killed after an Uber driver abandoned her alongside freeway traffic during what was supposed to be a safe ride home. The award follows a five-day arbitration in which retired Judge Richard A. Stone rejected Uber's argument that it merely operates a technology platf.
Great news for Costco shoppers after the popular warehouse store announced it was expanding delivery options nationwide with DoorDash and Uber Eats.
Some laid-off Uber employees say that AI was playing a bigger role in their day-to-day work. They used AI tools to respond to customer service messages and answer questions posted in Slack.
Uber Eats and DoorDash struck new partnerships with Costco this week. Both deals increase competition with Instacart.
Uber's expanded Costco partnership brings delivery from nearly 600 locations to 47 states, widening Uber Eats' grocery and retail reach.
Uber is undervalued at $71, with a Buy rating and a $96 12-month target, reflecting strong cash generation and resilient growth. Robotaxi risks are overstated; Uber's network utilization, autonomous partnerships, and ride volume advantage mitigate competitive threats from Waymo and Tesla. Delivery Hero acquisition introduces integration and leverage risks but is manageable relative to Uber's robust free cash flow and explicit leverage limits.
Grab's consumer-finance expansion signals aggressive capital deployment as the super-app pushes deeper into lending, today, Sept. 16, 2026.
Costco and Uber Technologies expanded their partnership to offer Costco delivery through Uber Eats in 47 states in the United States, up from the previous 17, Uber said in a Wednesday (Sept. 16) press release.
Uber and Costco expanded their U.S. Uber Eats partnership to 47 states, an increase from 17. The deal allows Costco members to get items delivered from nearly 600 stores.
SAN FRANCISCO--(BUSINESS WIRE)--Costco expands nationwide delivery on Uber Eats.
Uber (UBER -1.65%) is using cost saving to offer better value to customers.
Uber Technologies (UBER) closed the most recent trading day at $71.43, moving 1.66% from the previous trading session.
Alibaba remains a global leader in e-commerce and cloud computing with a massive logistics ecosystem. Uber Technologies continues to scale its mobility and delivery platform while expanding through strategic acquisitions.
Uber Technologies UBER CEO Dara Khosrowshahi recently made a big splash, purchasing 141k shares at an average price of roughly $70.96 per share. The transaction totaled just over $10 million, with the CEO now holding roughly 1.4 million shares.
Carnival continues to benefit from a strong recovery in cruise demand, reporting over 13 million guests and improving net margins in its latest fiscal year. Uber Technologies maintains a dominant position in the global mobility and delivery markets, driving significant revenue growth through its massive tech platform.
Senior riders can set up their own Uber accounts instead of relying on you or another family member. Uber also unveiled a new "simple mode" and is testing an easy-entry vehicle option on its app.
Despite robust brand and earnings expansion, UBER stock has underperformed both the S&P 500 and its own brand growth. Perceived disruption from robotaxis is behind that underperformance. But growth and broadening in the company's delivery segment is currently underappreciated by investors.
Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.