Financial News

MOUNTAIN VIEW, Calif., May 08, 2026--Nuro, Inc. ("Nuro"), a leader in autonomous driving technology, today announced that it has secured a California Public Utilities Commission (CPUC) Drivered Pilot Permit – an important milestone ahead of the launch of its robotaxi program with Uber and Lucid.

CNBC’s MacKenzie Sigalos reports on Lime’s IPO filing, the scooter company’s growth pitch to investors, its Uber ties and the going-concern warning inside the S-1.

Uber (UBER) Q1 earnings: revenue +14.5%, Delivery +34% offsets softer Mobility/Freight.

Lime, which operates an electric bike and scooter network and is backed by Uber Technologies, reported a jump in yearly ‌revenue in its filing for a U.S. initial public offering. The San ‌Francisco-based startup did not reveal the terms of the offering in the filing. Activity in the U.S. IPO ​market has rebounded after a slowdown earlier in the year linked to volatile equity markets and the war in the Middle East.

https://www.axios.com/2026/05/08/uber-trobotaxi-policy-paper?utm_campaign=mrf-utm_campaign=editorial&utm_source=x&utm_medium=owned_social&mrfcid=2026050869f2d3c2d2e5ee7a5a3f5b2a

Uber's future is all about robotaxis.

The National Highway Traffic Safety Administration said Friday it is opening an investigation in a series of crashes of start-up Avride autonomous vehicles that raised questions about the competency...

Lyft CEO David Risher joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the consumer, and more.

The percentage of the workforce holding multiple jobs has been rising since 2020, reaching an all-time high last fall. “Income stacking” is popular with Gen Z.

More Americans are working more than one job - a trend called 'income stacking'. It has become popular among Gen Z workers. Is it a sign of employers hiring more workers, or consumers under greater financial stress? CNBC's Sharon Epperson joins 'Squawk Box' with the details.

By Colin Kellaher Neutron Holdings, a provider of short-term electric-bike and scooter rentals that does business as Lime, has filed for an initial public offering. The filing by the San...

Uber Technologies Inc: Neutron Holdings Inc - announces initial public offering of common stock - SEC filing Neutron Holdings Inc - to list common stock on Nasdaq under symbol LIME - SEC...

Lime, which operates an electric bikeand scooter network and is backed by Uber Technologies,filed to go public in the United States on Friday. (Reporting by Pritam...

Expedia Group (NASDAQ:EXPE) reported first-quarter 2026 results that exceeded management’s expectations, with CEO Ariane Gorin citing “solid execution” and progress on strategic priorities despite what she described as a “mixed macro environment.” CFO Scott Schenkel said results came in “above the h

(Bloomberg) -- Lyft Inc. reported profit in the first quarter that fell short of Wall Street’s estimates after it spent heavily on an international expansion and on adding higher-end offerings like chauffeur services.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSo

Lucid Group Inc., during its first-quarter 2026 earnings call on Tuesday, said that its sub-$50,000 midsize EV could help the automaker increase volumes in the market. Sub-$50,000 EV Lucid’s interim CEO, Marc Winterhoff, shared that the automaker plans to “ramp...

​Uber Technologies, Inc. (NYSE:UBER) has declined more than 10% on a year-to-date basis, but the Street expects more than 41% upside from the current level. The company also ranks among our Best Stocks to Buy Before the Next Bull Run . ​Recently, on May 4, Bank of America Securities reiterated a Buy rating on Uber […]

Earnings reports from two major players in the software arena— Palantir and Uber —are helping to fuel the momentum this week. It ended last year and started this one in a deep hole, succumbing to fears that artificial intelligence could displace software. For the software group to sustain a broader recovery, participation from former leaders like Uber and Palantir, will be essential.

JP Morgan analyst Doug Anmuth maintains Uber Technologies (NYSE:UBER) with a Overweight and raises the price target from $105 to $110.

Ride share app Uber (UBER) and food delivery service DoorDash (DASH) released strong first quarter earnings results. Roth Capital Partners managing director Rohit Kulkarni elaborates on what earnings figures from these companies — and Amazon Prime (AMZN) — show about the strength of the US consumer and how they are spending.

TD Cowen analyst John Blackledge maintains Uber Technologies (NYSE:UBER) with a Buy and raises the price target from $114 to $118.

Uber Eats partners with Ulta Beauty for nationwide delivery. Explore Uber's retail expansion, Q1 revenue growth, and analyst price targets.

Kalshi traders give Lyft 96% odds CEO David Risher mentions FreeNow on tonight's Q1 earnings call. What other words are on the prediction market board?

Wall Street delivered a split verdict on Uber Technologies (NYSE:UBER) following the company’s Q1 2026 earnings report on May 6. Goldman Sachs (NYSE:GS) lowered its price target to $115 from $125 while maintaining a Buy rating, and Piper Sandler (NYSE:PIPR) analyst Thomas Champion raised his target to $105 from $100 while keeping an Overweight rating. ... Wall Street Splits on Uber: Goldman Sachs Cuts Price Target While Piper Sandler Hikes

Uber Technologies (NYSE:UBER) has ordered 10,000 autonomous vehicles from Rivian, with plans for more as part of its robotaxi push. The company is expanding partnerships with autonomous vehicle players including Lucid and Nuro. Uber announced a $600 million acquisition of parking platform SpotHero to extend its reach into mobility infrastructure. Uber Technologies, trading at $79.17, is moving beyond its core ride hailing and delivery roots into a broader mobility platform. The stock is up...

Uber Technologies (UBER) stock's 8 percent post-earnings surge to $79 is notable, but the most significant insight lies in the divergence between revenue growth and profit scaling. While a slight revenue miss captured headlines, the core signal is the structural shift in Uber’s margin profile, which suggests the current valuation may not fully reflect its long-term earnings power.

The headline numbers for Uber (UBER) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying more Shake Shack as the stock plummets after earnings. He also shares his bull case on Uber.

Uber's June-quarter bookings outlook topped estimates as US rideshare demand, delivery growth, and freight recovery supported momentum.

Truist Securities analyst Youssef Squali maintains Uber Technologies (NYSE:UBER) with a Buy and raises the price target from $108 to $112.