Automakers, airlines, ride-hailing, logistics, shipping, electric vehicles, and the transportation economy.
A rebound in Tesla deliveries pushed results above expectations, according to market coverage, but investors are now weighing whether the momentum can last.
THE APEX TIMES
THE APEX TIMES
Wall Street increased its expectations for Tesla’s stock ahead of the company’s second-quarter results, while investors keep an eye on progress tied to robotaxis and in-house robotics.
THE APEX TIMES
Yahoo Finance reports Uber is discussing an acquisition of Germany-based Delivery Hero, aiming to expand its delivery footprint in Europe. No deal terms were disclosed in the report.
THE APEX TIMES
A report says Uber is closing in on a transaction involving Delivery Hero, a move that could reshape the company’s international food-delivery footprint. Details of price and timing were not provided in the initial report.
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Even with fuel prices easing, Delta says airfares are unlikely to fall quickly, pointing to broader costs and the timing of pricing decisions. The comments came after the airline reported a record quarter that included a sharp jump in fuel expenses.
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Delivery Hero confirmed it is in advanced negotiations regarding a potential takeover offer from Uber, sending attention to whether the ride-hailing giant will try to expand further into European delivery.
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In a statement that echoed earlier media reports, Delivery Hero said it is negotiating with Uber Technologies regarding a possible acquisition, without disclosing deal terms.
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UPS is trading with a renewed bullish narrative tied to improved expectations for its earnings outlook, after a recent Zacks Rank upgrade to “Buy” (Rank #2).
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A sharp jump in operating income is putting new emphasis on Uber’s path to durable profit, but the market reaction remains cautious, with the shares still trading well under last year’s high.
