Uber Expands into Workplace Catering with $2.3 Billion ezCater Acquisition
Uber ezCater deal expands Uber Eats into workplace catering, adding a $2.3 billion cash acquisition to Uber’s 2026 deal push.
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Rivian Automotive shares are dropping Friday despite reporting Q3 production and delivery figures in line with its own outlook.
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Uber ezCater deal expands Uber Eats into workplace catering, adding a $2.3 billion cash acquisition to Uber’s 2026 deal push.
Rivian delivered 19,248 vehicles in Q3, a 46% increase from Q2, potentially beating analyst estimates. The company has improved gross margins and protected shareholders from dilution through non-dilutive capital raises. However, management only affirmed 2026 guidance rather than raising it, disappointing some investors expecting higher forecasts.
Ross Gerber urges Amazon and USPS to replace costly gas trucks with EVs, praising FedEx’s 2,500-truck electric deal.
Investor Gary Black of The Future Fund LLC says Tesla’s Q3 2026 sales were driven mainly by higher gas prices, not FSD.