Over the past six months, Uber has been a great trade. While the S&P 500 was flat, the stock price has climbed by 38.7% to $84.65 per share. This run-up might have investors contemplating their next move.
In the initial phase, the vehicles will operate with a safety driver on board, paving the way for the full-scale commercial rollout of driverless services in 2026, the Dubai government said.
UBER TECHNOLOGIES INC (NYSE:UBER) shows strong growth fundamentals and a promising technical setup, making it a stock to watch for investors seeking growth opportunities.
CEO Elon Musk has announced the launch date for Tesla Inc.'s (NASDAQ: TSLA) long-anticipated robotaxi service in Austin, Texas, on June 22, but experts are skeptical over its success.
Leading retailers, Walmart Inc. (NYSE: WMT) and Amazon.com Inc. (NASDAQ: AMZN), are reportedly exploring the possibility of issuing their own stablecoins, a move that could potentially shake up the traditional financial landscape.
Scale AI did not disclose the investment size, but a Wall Street Journal report said earlier this week that Meta could be eyeing a 49% stake, valued at around $14 billion.
Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.
