Uber News - August 2026

UBER

Pat Dorsey's Dorsey Asset Management Increases Uber Stake by 61.6%

In a recent 13F filing, Dorsey Asset Management, led by renowned investor Pat Dorsey, revealed a significant increase in its stake in Uber Technologies. The...

Uber's $14.8 Billion Bet on Delivery Hero: Bold Global Expansion or an Integration Headache Investors Can't Price?
UBER

Uber's $14.8 Billion Bet on Delivery Hero: Bold Global Expansion or an Integration Headache Investors Can't Price?

Shares drifted lower as Uber Technologies formally opened its €41.50-per-share cash tender offer for Germany's Delivery Hero, kicking off what could become the...

Uber bids €41.50 for Delivery Hero, offering a 108% cash premium
UBER

Uber bids €41.50 for Delivery Hero, offering a 108% cash premium

Uber Technologies, Inc. launched a voluntary public takeover offer for Delivery Hero SE following approval from Germany's BaFin. The cash offer is priced at...

UBER

Egerton Capital Halves Stake in Uber Technologies (UBER)

John Armitage's Egerton Capital significantly reduced its position in Uber Technologies (UBER) during the second quarter of 2026, selling approximately 2.33...

UBER

Cantillon Capital Management drastically cuts its stake in Uber (UBER)

In a significant portfolio shift, William Von Mueffling's Cantillon Capital Management reduced its holdings in UBER TECHNOLOGIES INC by 95.40%. According to...

UBER

David Tepper's Appaloosa Boosts Uber Stake by 22%

Billionaire investor David Tepper's hedge fund, Appaloosa Management, increased its stake in Uber Technologies by 21.5% during the second quarter of 2026. The...

Uber Fined $966 Million, Using Illegal Algorithms to Suspend Drivers
UBER

Uber Fined $966 Million, Using Illegal Algorithms to Suspend Drivers

The Dutch Data Protection Authority (AP) fined Uber €825 million ($966 million) for violating Europe’s General Data Protection Regulation (GDPR). This penalty...

Uber Launches Baidu Driverless Taxis in Dubai, Marking Global Expansion
UBER

Uber Launches Baidu Driverless Taxis in Dubai, Marking Global Expansion

Uber launched Baidu’s fully driverless Apollo Go robotaxi service in Dubai. This move marks a significant international expansion for both companies. Riders...

UBER

Polen Capital Management Reduces UBER Stake by 80%

In a Form 13F filing dated August 4, 2026, Polen Capital Management disclosed a significant reduction in its holdings of Uber Technologies (UBER). The filing,...

UBER

🟢 Uber is trading 5% up today after Pershing Square disclosed a sizable Uber position

Uber is trading at $78.53, up 5.01%, after fresh attention on Pershing Square’s sizable Uber position and increased ownership. • Pershing Square filings...

UBER

Terry Smith's Fundsmith Pivots in Q2, Buying Uber & Mastercard, Exiting MTD & Zoetis

Terry Smith's Fundsmith reported a portfolio value of $13.65 billion in its Q2 2026 13F filing, a notable increase from the prior quarter. Known for a...

UBER

Terry Smith's Fundsmith Initiates a New $645M Stake in Uber

Renowned investor Terry Smith's firm, Fundsmith, revealed a significant new position in Uber Technologies (UBER). According to a quarterly filing, the firm...

UBER

🔴 Uber is trading 5.5% down today as cautious Q3 guidance offsets strong Q2 earnings beat

Uber is trading 5.5% down at $68.42 after the company issued a Q3 outlook that fell short of bullish expectations, overshadowing a strong Q2 performance. •...

Uber's second quarter Gross Bookings surged 24% to $58.0 billion, beating expectations.
UBER

Uber's second quarter Gross Bookings surged 24% to $58.0 billion, beating expectations.

Uber reported second quarter revenue of $14.2 billion, up 12% year-over-year, and a Non-GAAP EPS of $0.81. The company's key metric, Gross Bookings, grew 24%...

UBER

Uber Technologies Inc Q2 2026 Earnings Preview: What Analysts Expect on August 05, 2026

Wall Street analysts expect Uber to report Q2 2026 revenue of $14.24 billion and earnings per share of $0.83, as the stock trades near $71.40 with an average...