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In its recent 13-F filing, Coatue Management indicated a fund value total of $13.7B wherein it acquired new stakes in Lucid (LCID) with 2.97M shares, Zillow (ZG) with 2.36M shares, Docusign (DOCU) with 1.46M shares, AMC Entertainment (AMC) with 5.19M shares and Beyond Meat (BYND) with 5M shar...
Larry Robbins and Mark Horowitz owned fund, Glenview Capital in its recent 13F filing disclosed newly acquired stakes in Valvoline (VVV) with 1.7M shares, Berkeley Lights (BLI) with 1.19M shares, Las Vegas Sands (LVS) with 1M shares, Meta Platforms (FB) with 0.08M shares. The fund exited posi...
As Wall Street has sold off to start 2022, initial public offerings have been among the casualties, as newly public stocks have found themselves in the worst drawdown since the end of the dot-com bubble. This dynamic can be seen in the action of a key IPO-focused exchange traded fund. T...
Insiders once again stepped up their purchases to take advantage of prices. Uber’s CEO Dara Khosrowshahi bought 200,000 shares for $5.35 million. Mr. Schultz picked up $10 million worth of Starbucks. There were repeat purchases by the insiders of B. Riley as well. ...
Billionaire hedge fund manager David Tepper's Appaloosa has increased its holdings in ride-hailing app Uber (NYSE:UBER) to 2.02M shares in the first quarter vs. 225K in Q4 2021, according to a 13F filing dated Monday. Cut stakes in Antero Resources (AR) to 1.98M shares from 2.85M, Energy Tran...
May 16 (UPI) -- Uber has unveiled new features to help customers "go anywhere" and "get anything." Among the new products announced Monday at the company's second annual product event "Go/Get 2022" are party buses for weddings and business functions, electric vehicles and robots...
Corvex Management exited stakes in Exelon (NASDAQ:EXC) and T-Mobile (NASDAQ:TMUS) in Q1, according to a 13-F filing. Keith Meister's Corvex also reduced its stake in MGM Resorts (MGM) and JPMorgan (JPM). The hedge fund increased its stake in Five9 (FIVN), Amazon (AMZN) and Uber (UBER). Corvex...
Uber Technologies (NYSE:UBER) shares dipped on Monday even as the ride-sharing company held its Go/Get event, unveiling several new features, including charter buses to its app and launching autonomous deliveries for Uber Eats in Santa Monica. The Dara Khosrowshahi-led Uber (UBER) said...
Uber (NYSE:UBER) and driverless technology company Motional on Monday said they had launched autonomous deliveries for Uber Eats customers in Santa Monica, California, following on from their announcement that they were partnering in December last year. Merchants participating in the pil...
MOTIONAL AND UBER EATS LAUNCH AUTONOMOUS DELIVERIES IN SANTA MONICA PR Newswire Motional's autonomous vehicles are now conducting end-to-end food deliveries on the Uber Eats network Launch represents Uber Eats' first partnership with an autonomous vehicle company f...
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Last week, Ford Motor (NYSE: F) and General Motors (NYSE: GM) topped Wall Street estimates with their first quarter results. But, they did it on th...
Uber Technologies, Inc (NYSE:UBER) is being sued for millions by over 10,500 London black-cab drivers, claiming the company unlawfully secured...
Unprecedented global agreement provides new ordering option for Canadian customers, with deliveries handled by Domino's delivery experts TORONT...