Vmoto Renews Uber Partnership, Aiming To Electrify Food Delivery Fleet In Netherlands With CPx E-Moped Discounts

'Uber cuts AI costs even as usage jumps' - Axios Exclusive

Uber Advances Delivery Hero Acquisition With Formal Cash Offer

Uber launches a €41.50/share takeover bid for Delivery Hero after BaFin approval. Acceptance runs through Nov. 5. Get the details.

Uber Stock Is 20% Off Its All-Time High, While the S&P 500 Index Is Up 14% Since Then: Here's Why the Market's Bearish View Is Wrong.

Uber shares have fallen 20% from their all-time high while the S&P 500 has risen 14%, driven by investor concerns about autonomous vehicle technology disrupting its business model. However, the author argues this bearish view is unwarranted, citing Uber's strong financial performance (24% gross bookings growth, 13.3% operating margin), massive user base of 208 million monthly active users, powerful network effects, and strategic partnerships with AV companies. The author contends that a hybrid model of human drivers and self-driving vehicles will likely coexist, and Uber's matching technology and geographic diversification position it well to compete.

44% of Billionaire Bill Ackman's Portfolio at Pershing Square Is Concentrated in Just 4 AI Stocks

Billionaire Bill Ackman's Pershing Square fund has 44.4% of its $19.5 billion portfolio concentrated in four AI application stocks: Uber, Microsoft, Amazon, and Meta. Unlike most billionaires focusing on AI infrastructure companies, Ackman is betting on AI applications pioneers, which he believes are better positioned to weather an AI bubble burst and offer attractive valuations with sustainable competitive advantages.