Financial News

LAS VEGAS, May 19, 2026--Thirty years after bringing travel online — and into reach for millions of people — Expedia Group is taking its next visionary steps for the future of travel: unveiling new AI-powered traveler experiences, marketplace capabilities and a long-term philanthropic commitment to protect the places people love to visit. At Explore 26, its annual partner conference, the company’s founding and defining leaders — Rich Barton, Dara Khosrowshahi, Barry Diller, and current CEO Arian

Uber Technologies (NYSE:UBER) has raised its stake in Delivery Hero to 19.5%. The move makes Uber the largest shareholder and gives it a blocking minority in Delivery Hero. The investment signals a stronger push by Uber into global food delivery markets beyond the U.S. Uber Technologies, trading at $74.09, has seen its share price fall 10.6% year to date and 19.4% over the past year, while still showing a 91.6% gain over three years and 46.8% over five years. Against this mixed share price...

Pershing Square's Q1 2026 13F portfolio fell to ~$13.71B, remaining highly concentrated with BN, AMZN, and UBER comprising ~51%. Read more on the portfolio here.

Joby Aviation, Inc. eVTOL stock: FAA certification progress, Dubai/US launches, cash runway & risks. Click for this JOBY update.

SoftBank fully exited Circle Internet Group in Q1 2026. Here is what investors need to know about the stablecoin giant's fundamentals.

BUILD America 250 Act would raise EV fees gradually while adding autonomous vehicle safety provisions.

Uber stock is inching higher as the company more than doubled its stake in Delivery Hero. Here’s why DHER ownership is bullish for UBER shares in 2026.

CNBC's Julia Boorstin talks with Waabi CEO Raquel Urtasun about its autonomous freight trucking business, which is ranked in CNBC's 2026 Disruptor 50 list.

NEWTOWN SQUARE, PA, May 19, 2026--Pouch Insurance, the admitted commercial auto managing general agent built for 1099 workers and gig economy operators, today announced a strategic partnership with OCTO, the global leader in telematics and data analytics for connected insurance. The partnership integrates OCTO's AI-powered telematics platform into Pouch's commercial auto programs, delivering the flexible, intelligent data infrastructure that makes per-mile pricing not just possible — but precise

MOUNTAIN VIEW, Calif., May 19, 2026--Nuro, Inc. ("Nuro"), a leader in autonomous driving technology, today announced the appointment of Mike Mancini as Chief Financial Officer. Mancini joins Nuro at a key moment as the company prepares for the expected launch of its robotaxi service with Uber and Lucid in the San Francisco Bay Area later this year.

The latest deal makes Uber the largest shareholder in the Berlin-based food-delivery company.

Waabi, an autonomous transportation technology startup, ranks No. 27 on CNBC’s 2026 Disruptor 50 list.

Cursor, a vibe coding startup that Elon Musk may soon acquire, ranks No. 37 on CNBC’s 2026 Disruptor 50 list.

Lead Bank, which provides banking infrastructure to fintechs, ranks No. 34 on CNBC’s 2026 Disruptor 50 list.

Lovable, a vibe coding startup from Sweden, ranks No. 39 on CNBC’s 2026 Disruptor 50 list.

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

NVDA stock recently hit record highs, but its upcoming earnings report could be the next major catalyst.

Uber beat Q1 EPS and forecast strong Q2 gross bookings as Mobility and Delivery demand stayed resilient despite Middle East tensions.

Baidu (BIDU) stock rises after Q1 earnings beat Wall St estimates, driven by surging AI Cloud growth and Apollo Go expansion.

https://www.deliveryhero.com/newsroom/delivery-hero-welcomes-further-investment-from-uber/

https://en.sedaily.com/news/2026/05/18/uber-naver-form-80-20-consortium-for-baemin-acquisition-bid

In early May 2026, Uber Technologies, Inc. reported first-quarter revenue of US$13.20 billion, up from US$11.53 billion a year earlier, while net income fell to US$263 million from US$1.78 billion, and Uber Eats added more than 1,500 Ulta Beauty stores for on-demand retail delivery across the U.S. Taken together with rising Uber One membership and expanding retail and beauty partnerships, these results highlight how Uber is broadening beyond core ride-hailing into a wider everyday services...

HALIFAX -   Halifax Mayor Andy Fillmore met with an Uber lobbyist a day before the mayor persuaded council to delay a vote on a proposal to increase oversight of ride-hailing drivers, newly...

When the CEO of America’s largest appliance maker compares today’s demand to the 2008 financial crisis, it’s worth pausing before you swipe for that new fridge. On the latest earnings call, Whirlpool chief Marc Bitzer told investors that “this level of industry decline is similar to what we have observed during the global financial crisis ... Worried About a Recession? Here’s What Appliance Makers Say Before You Buy Big-Ticket Items

(Bloomberg) -- Long Island Rail Road riders are bracing for hourslong Monday-morning commutes as a salary fight between the nation’s busiest commuter rail line and its employees forced a systemwide shutdown, the first in more than 30 years.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenTrump Gets Revenge on Republican Who Voted to Convict HimWHO Ebo

Recently, Cerebras went public with the largest IPO of the year, but it is still far away from the big names in the AI space.

A San Francisco Uber driver thought bigger vehicles would lead to bigger paydays. Instead, the strategy left him buried under two car loans, falling behind on payments and asking personal finance expert Dave Ramsey whether voluntarily giving the cars back...

While Waymo dominates the U.S. Robotaxis and Tesla lags behind. Uber's reach and partnerships could make it an orchestrator in the sector.