DIRS.INFO The most relevant business & tech news

☆ 'Made in Mexico' trade controversy is provoking another kind of border war
▼ + stars: | 2024-10-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Sparking controversy is language within the USMCA that covers how a product gains the "Made in Mexico" designation from U.S. Customs. There is bipartisan concern about Mexico serving as a trade "back door" for Chinese exports to evade tariffs. Trump threats not slowing trade boom Trump has said he wants to renegotiate the USMCA deal he struck with the North America partners in 2020. Chinese manufacturing in Mexico will be a likely part of the trade renegotiation. Threats of additional tariffs are not slowing down trade with Mexico.

Persons: Donald Trump, Zekelman, San Luis Potisi, Jordan Dewart, Biden, Trump, Mary Lovely, Anthony Solomon, Dewart Organizations: U.S . Customs, Zekelman Industries, Bloomberg, Getty, Peterson Institute for International Economics, Trump, North America, Companies, DHL, Uber, Moody's Analytics Locations: United States, Mexico, Canada, U.S, North America, Republic of Mexico, Beach, Calif, Chicago, San Luis, Luis Potisi, Redwood Mexico, China, Mexican, El Paso, Laredo , Texas, East Asia

☆ SpaceX Polaris Dawn crew reveals impacts of history-making mission
▼ + stars: | 2024-10-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +9 min

His crewmate Anna Menon, a SpaceX engineer who was the Polaris Dawn mission’s medical officer, said she was struck by space adaptation syndrome. The Polaris Dawn crew poses in space, from left: Sarah Gillis, Jared Isaacman, Scott Poteet and Anna Menon. Sarah Gillis wears a special contact lens in this photo taken prior to the Polaris Dawn flight on April 29. In all, the Polaris Dawn team carried out 36 experiments on behalf of 31 partner institutions, including universities and NASA. Courtesy TIME StudiosAnother experiment that the Polaris Dawn crew underwent to understand in-space ailments involved a series of MRI scans just before liftoff and immediately after returning to Earth.

Persons: ” Scott “ Kidd ” Poteet, CNN’s Dr, Sanjay Gupta, Anna Menon, Polaris Dawn, ” Menon, “, —, NASA —, Sarah Gillis, Jared Isaacman, Scott Poteet, Isaacman, ” Isaacman, … That’s, ”, Earth’s Van Allen, Poteet, John Kraus, Menon, you’re, Dr, Allison Hayman, Uber, Donna Roberts, Roberts, Gillis, It’s, ” Gillis Organizations: CNN, Polaris, US Air Force, SpaceX, NASA, Polaris Program, Polaris Program NASA, University of Colorado, TIME, ISS, Laboratory Locations: University of Colorado Boulder

☆ Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
▼ + stars: | 2024-10-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. In a statement to CNBC, Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov said the funding would go toward expansion and advancing the Waymo Driver for business applications. The series C funding brings Waymo's total capital raised to $11.1 billion after it raised $3.2 billion and $2.5 billion in two earlier rounds. Waymo now conducts more than 100,000 weekly trips for passengers in Los Angeles, Phoenix and San Francisco, who can hail their robotaxis via the Waymo One app. More recently, Waymo partnered with Uber to launch its robotaxi service in Austin, Texas — home of would-be rival Tesla's headquarters.

Persons: Waymo, Andreessen Horowitz, Perry, Rowe Price, Tekedra Mawakana, Dmitri Dolgov, Uber, Ruth Porat, Elon Musk, Tesla, Timothy B, Lee . Organizations: Google, Fidelity, Tiger Global, CNBC, Tesla's, GM, Cruise, Pew Research Center, Hyundai Locations: Los Angeles, San Francisco, Phoenix, Waymo, Silver, Austin, Atlanta, U.S, Austin , Texas, Texas, California, Korean, New York, Michigan

☆ A payments startup hoping to take on Stripe and Square just raised $75 million with this pitch deck
▼ + stars: | 2024-10-24 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Finix is a startup that works with merchants so they can accept and manage payments. On Thursday, it raised a $75 million Series C that included Lightspeed Ventures and Acrew Capital. AdvertisementSome of the industry's biggest fintech investors just backed an up-and-coming payments startup challenging Stripe and Square. The San Francisco-based startup raised $75 million in a Series C funding round, the company announced Thursday. AdvertisementFinix processes billions of dollars every month for tens of thousands of merchants, Serna said.

Persons: —, Richie Serna, Finix, Serna, " Serna Organizations: Lightspeed Ventures, Acrew, Service, Acrew Capital, Lightspeed Venture Partners Locations: San Francisco, Finix's, Serna

☆ Here are Oppenheimer's best stock ideas heading into November
▼ + stars: | 2024-10-24 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Looking ahead to November, Oppenheimer has updated its top stock ideas list, which features additions such as CarMax , Mastercard and Atlassian . He has an outperform rating on the stock, and his price target implies nearly 26% upside from Wednesday's close. Analyst Ittai Kidron has an outperform rating on the stock, and his $230 target reflects nearly 22% upside, as of Wednesday's close. That implies more than 15% upside from Wednesday's close. Evercore ISI also added Broadcom to its top chip stock picks ahead of its earnings report later in the year.

Persons: Oppenheimer, Michael Wiederhorn, Cigna, Ittai Kidron, Kidron, Atlassian, Morgan Stanley, Rick Schafer, Schafer, Hock Tan Organizations: Dow Jones, Nasdaq, Mastercard, Dick's Sporting Goods, Bloomberg, Humana, Bloomberg News, Broadcom, ISI

☆ Bank of America's guide to the election and stocks that win under Trump or Harris
▼ + stars: | 2024-10-22 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +7 min

Here are some of the ways Bank of America analysts think the upcoming election results could affect the stock market. Harris presidency, split government A victory for Democratic candidate Kamala Harris in the White House, plus a Republican-controlled Congress, could be "the best outcome" for online media companies, according to Bank of America analyst Justin Post. He noted that Harris is likely to enforce a potential ban on TikTok — which could boost Meta Platforms and Snapchat . Trump president, split government A win for Republican candidate Donald Trump and a split government would be the best-case scenario for bank stocks, per analyst Ebrahim Poonawala. On the other hand, a Trump presidency would be viewed positively by gig-economy companies, including Uber and Lyft, according to analyst Post.

Persons: –, Harris, Kamala Harris, Justin Post, Lorraine Hutchinson, Donald Trump's, —, Athletica, Joanna Gajuk, Gajuk, Jessica Reif Ehrlich, Ehrlich, Jason Kupferberg, Kupferberg, Dick Durbin's, Donald Trump, Ebrahim Poonawala, Poonawala, Republicans —, Dimple, Trump, Uber, Craig Siegenthaler, Siegenthaler, Rafe Jadrosich, Trump's, — CNBC's Michael Bloom Organizations: White, Bank of America, of America, Democratic, Republican, Democrat, Department of Justice, Eagle Outfitters, Urban Outfitters ., Health, Tenet Healthcare, Universal Health Services, Democrats, Agilon, Humana, Big Tech, House, Trump, Republicans, Oscar Health, Centene, GOP, Securities, Exchange, Entertainment, Packaging Corporation of America, American Eagle Outfitters Locations: Hutchinson, U.S, China, Washington

☆ I've worked at Google, Amazon, and Uber. These are 3 common mistakes I see when people apply for tech jobs.
▼ + stars: | 2024-10-21 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Alexandria Sauls worked at Amazon, Uber, and PayPal before landing a job at Google. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Related storiesI learned the "Star" format at Amazon and I've used this same format of responding at every company since. Each bullet should be the "R" of the "Star" format: "result." With résumé format, I don't have a super strong opinion.

Persons: Alexandria Sauls, Sauls, —, I've, Steer, you'll, It's, you've, Gray Organizations: Amazon, PayPal, Google, Service, Uber, LinkedIn, Big Tech Locations: Alexandria, Houston, New York City

☆ Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty compelling'
▼ + stars: | 2024-10-20 | by ( Lauren Edmonds | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast. Khosrowshahi recently appeared on Hard Fork, a tech podcast, to discuss Uber's position in the autonomous vehicle industry. On the Hard Fork podcast, Khosrowshahi championed Waymo, saying he believed Waymo could best Tesla. Khosrowshahi spoke about Waymo's hardware during the Hard Fork podcast, saying, "I think that hardware costs scale down over a period of time. AdvertisementUber originally tried to walk the autonomous vehicle path alone, creating a self-driving car unit called Advanced Technologies Group.

Persons: Dara Khosrowshahi, Khosrowshahi, Tesla, Musk, —, Tesla's, Uber, Waymo, PATRICK T, FALLON, John Krafcik, Elon Musk, Elon, Andrej Karpathy, Karpathy Organizations: Service, Waymo, Getty, Financial Times, Technologies, Aurora, Business Locations: Phoenix, Atlanta, Austin

☆ The index fund cushion is an equal opportunity booster for stocks
▼ + stars: | 2024-10-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

S & P 500 money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades. The Lilliputian sellers regularly fail to do damage when matched with the oblivious index money. A 4% 2-year note isn't competitive to the magnet of the S & P 500 and its kin. That's emblematic of what happens with a big buyback without stock-based compensation (something many tech firms use that renders moot the S & P 500 inflows). Because of the way that the S & P 500 money is divvied up, the share base becomes overwhelmingly index-fund based and the index fund shareholders do not sell.

Persons: Morningstar, Smoot, Herbert Hoover's, Warren Buffett, Buffett, Jerome Powell, haven't, Charlie Scharf, Wells, Banks, Charlie, Morgan Stanley, Ted Pick, James Gorman, Schwab, Gamble, Jim Umpleby, that's, Butch Cassidy, Jim Cramer's, Jim Cramer, Jim, Charles Scharf, Kyle Grillot Organizations: Federal Reserve, Commerce Department, Taiwan Semi, Trust, Fed, Triple AAA Robinhood, Morgan, Procter, United Airlines, Exxon, Caterpillar, Boeing, Apple, Meta, Sundance, Jim Cramer's Charitable, CNBC, Milken Institute Global Conference, Bloomberg, Getty Locations: Hawley, McCumber, Taiwan, Arizona, American, Wells Fargo, Wells, China, Chevron, Beverly Hills, Calif

☆ Elon Musk is flexing his wealth and political power unlike any of the richest men before him
▼ + stars: | 2024-10-20 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +9 min

Musk has also seeded at least $75 million into a pro-Trump super PAC. "Elon Musk is sort of a natural for Donald Trump, " journalist Roger Lowenstein, who wrote a biography about Warren Buffett, told Business Insider. Recently, Musk's company seized the @America handle to boost his super PAC. AdvertisementNone of the other recent wealthiest men have come close to Musk's super PAC spending. Bezos made the biggest splash in 2018 when they donated $10 million to With Honor, a super PAC that supported veteran candidates.

Persons: Elon Musk, —, Donald Trump's, Musk, Elon, Donald Trump, Roger Lowenstein, Warren Buffett, Timothy Mellon, Robert F, Kennedy Jr, Koch, Michael Bloomberg, Bill Gates, Jeff Bezos, Ciara Torres, Lowenstein, Buffett, Warren, doesn't, It's, Anna Moneymaker, Barack Obama, Sen, JD Vance, Trump's, Trump, Ken Vogel's, Obama, Steve Ballmer, Gates, John McCain, Hillary Clinton, Joe Biden, he's, Steve Pope, Harris, Biden, Melinda French Gates, Bezos Organizations: Trump, Service, PAC, America PAC, American, Stetson University, Alternative Energy, The New York Times, Citizens, Citizens United, Microsoft, Berkshire, Republican, Obama, Electoral College, Nebraska, Congressional, Musk's, Washington Post, Communist Locations: Pennsylvania, Butler , Pennsylvania, Omaha, Gates, Nebraska's

☆ Insider Today: America's billionaire hub
▼ + stars: | 2024-10-19 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +6 min

This post originally appeared in the Insider Today newsletter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. European manufacturers are trying to claw back some of the market share of electric vehicles from their Chinese competitors. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Siri, James Bond, Tom Carter, Ram, Fiat —, Leapmotor, Carlos Tavares, Joey Hadden, Jackson, It's, BI's Joey Hadden, Taylor, Chelsea Jia Feng, Taylor Swift, Swift, she'll, Konrad Krajewski, Uber, Priyanka Rajput, Troy Aikman, Anna Kendrick, Jason Segel, Harrison Ford, Peacock, Elisabeth Finch, Rebecca Zisser, We've, grout, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Getty, BYD's, Paris, European Union, Jeep, Fiat, Economic Policy Institute, Target, BI, NFL, Apple, Netflix Locations: London, China, Jackson Hole , Wyoming, York City, Manhattan, LaGuardia, ozina, caked, Patagonia, New York City, New York, Chicago

☆ Bradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expanding
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expandingBradley Tusk, Tusk Ventures CEO, joins 'Squawk Box' to discuss news of Uber considering a bid for travel booking company Expedia, antitrust concerns, impact of the 2024 election on the possible deal, and more.

Persons: Bradley Tusk Organizations: Tusk Ventures

☆ Taylor Swift is flexing her economic muscles again with the return of her tour and a new book
▼ + stars: | 2024-10-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, Taylor Swift has a new book coming out, but how she's doing it might create some bad blood with publishers . On Tuesday, Swift announced plans to self-publish "The Eras Tour Book," a behind-the-scenes look at her record-breaking tour that'll be released exclusively at Target on Black Friday. News of a Taylor Swift book should have sent a publisher jumping for joy at the potential revenue. AdvertisementBig stars like Swift are exactly who book publishers are banking on these days. But even so, Miami, New Orleans, and Indianapolis — her remaining US tour dates — won't mind Swift coming to town.

Persons: —, Meta, Taylor Swift, Chelsea Jia Feng, Taylor, Swift, Samantha Grindell, Madeline Berg, George Walker IV, we're, Natalie Ammari, it's, Goldman Sachs, Kalshi, Donald Trump, Trump, Blackstone, Jon Gray, Walid Berrazeg, It's, Lebaredian, Uber, Dara Khosrowshahi's, Tyler Le, Matt Garman, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Target, AP, Indianapolis, Super Bowl, UBS, Getty, Financial, Wall, Blackstone, Trump, Investors, Taiwan Semiconductor Manufacturing, TSMC, Optimus, Financial Times, Netflix, American Express Locations: Miami, Miami , New Orleans, Glendale , Arizona, Hsinchu, ASML, Texas, California, New York, London

☆ Expedia stock jumps on report that Uber explored a takeover of the travel platform
▼ + stars: | 2024-10-17 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +2 min

Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday. Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported. AdvertisementExpedia stock jumped as much as 8% in Thursday's premarket, while Uber tumbled more than 3% following a report the ride-hailing giant recently explored a takeover of the travel group. A third party raised the idea of buying Expedia to Uber, sources told the FT, adding that merger talks were nascent and a deal might not materialize. One source told the newspaper that Uber hasn't formally approached Expedia, and there were no ongoing discussions between the two companies.

Persons: Uber, —, Expedia, Uber hasn't, Dara Khosrowshahi Organizations: Financial Times, Service Locations: Thursday's premarket

☆ Uber's potential bid for Expedia is the latest example of Dara Khosrowshahi's 'super app' vision
▼ + stars: | 2024-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

The potential deal would take Uber closer to "super app" status, according to one analyst. CEO Dara Khosrowshahi has said he wants to make Uber a one-stop app for transportation and delivery. AdvertisementUber's reported interest in travel booking website Expedia points to one way the ride-hailing app could get closer to CEO Dara Khosrowshahi's vision of an everything app. AdvertisementHowever, in a May interview with Skift, Khosrowshahi resisted describing Uber as a potential "super app," calling the term "loaded." Meantime, Uber might not need to buy Expedia in order to offer Expedia bookings, according to Gordon Haskett's Mollins.

Persons: Uber, Dara Khosrowshahi, —, Dara Khosrowshahi's, Gordon, Robert Mollins, Khosrowshahi, Elon Musk, Skift, Gordon Haskett's Mollins, Mollins Organizations: Financial Times, Service, Uber, Twitter Locations: China

☆ Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more
▼ + stars: | 2024-10-17 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Travelers' third-quarter earnings came in at $5.24 per share, topping the $3.55 a share expected from analysts polled by LSEG. Blackstone reported third-quarter earnings of $1.01 per share on revenue of $2.43 billion. CSX — Shares slipped 5.9% after the transportation company reported disappointing third-quarter results. Alcoa — The aluminum producer's stock shed more than 3% after the company reported third-quarter revenue of $2.90 billion, below the $2.97 billion LSEG consensus estimate. Synovus Financial — Shares popped 5% after the company reported better-than-expected adjusted earnings per share for the third quarter.

Persons: Uber, LSEG, Elevance, Blackstone, Equifax, Synovus, — CNBC's Sean Conlon, Hakyung Kim, Alex Harring, Pia Singh Organizations: Taiwan Semiconductor, Nvidia, Micron, Times, Expedia, —, LSEG, CSX, Nokia —, Alcoa, FactSet, Dynamics, Steel, Walgreens, Alliance

☆ Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows
▼ + stars: | 2024-10-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Klarna is assembling a team to build a stock-trading tool to compete with Robinhood, according to an internal message seen by BI. AdvertisementSwedish fintech firm Klarna is hiring a team to build a product that would compete with Robinhood's trading platform by letting customers buy and sell stocks through its app. "Our mission is to obliterate the barriers to consumer investing and empower every Klarna user to build their financial future in a single place - the Klarna App," the internal message said. Lombaard said the company is exploring the possibility of "offering customers the opportunity to buy and sell stocks" and exchange-traded funds, or ETFs, in the Klarna app. Related storiesA spokesperson for Klarna told BI: "Klarna continuously explores new product concepts to serve our customers.

Persons: Klarna, —, Ludo Lombaard, Lombaard, Uber, Jyoti Mann Organizations: BI, Service, Business, Apple, Adidas, Klarna, Bloomberg Locations: Swedish, Europe, jyotimann

☆ 3-Stock Lunch: Uber, Netflix & Travelers
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3-Stock Lunch: Uber, Netflix & TravelersJerry Castellini, CastleArk Management president, joins 'Power Lunch' to discuss stock plays for three stocks.

Persons: Jerry Castellini Organizations: Netflix, CastleArk Management

☆ Uber not in active bid talks with Expedia
▼ + stars: | 2024-10-17 | by ( Deirdre Bosa | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUber not in active bid talks with ExpediaCNBC's Deirdre Bosa reports on news from Uber and Expedia.

Persons: Expedia CNBC's Deirdre Bosa

☆ Uber is not engaged in active talks to acquire Expedia
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUber is not engaged in active talks to acquire ExpediaCNBC's Deirdre Bosa joins 'The Exchange' to report on news from Uber and Expedia.

Persons: Expedia, Deirdre Bosa

☆ Google leadership shakeup: Prabhakar Raghavan assumes role of chief technologist
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle leadership shakeup: Prabhakar Raghavan assumes role of chief technologistCNBC's Deirdre Bosa joins 'The Exchange' to report on Google's internal reorganization and Uber's reported exploration of an Expedia takeover.

Persons: Prabhakar Raghavan, CNBC's Deirdre Bosa

☆ Acquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan Ives
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAcquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan IvesDan Ives, Wedbush Securities managing partner, joins 'Squawk Box' to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more.

Persons: Uber, Wedbush's Dan Ives Dan Ives Organizations: Wedbush Securities

☆ Stocks making the biggest moves premarket: Elevance Health, Taiwan Semiconductor, Expedia, Lucid and more
▼ + stars: | 2024-10-17 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. Taiwan Semiconductor – The stock surged more than 8% after the company reported a 54% gain in net profit for the third quarter. Nokia – Shares slid more than 5% after the company reported an 8% dip in sales for the third quarter, citing a slowdown in the Indian market. Alcoa reported third-quarter adjusted earnings of 57 cents per share, versus the 28 cents a share expected from analysts polled by LSEG. Kinder Morgan posted adjusted earnings per share of 25 cents on $3.70 billion in revenue.

Persons: Gail Boudreaux, Centene, Uber, Lucid, Pekka Lundmark, Kinder Morgan, LSEG, —, Alex Harring, Michelle Fox Theobald Organizations: Molina Healthcare, Taiwan Semiconductor, Nvidia, Financial Times, Public Investment Fund, Nokia, CSX, Alcoa –, Alcoa, LSEG Locations: Expedia, Saudi

Uber discussed a bid for the $20 billion travel booking company Expedia , CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. Expedia is familiar territory for Uber CEO Dara Khosrowshahi, who previously served as CEO of the travel group from 2005 to 2017. Expedia reported $28.8 billion total gross bookings in its second-quarter results in August. An acquisition of Expedia would be a "‘major strategic home run" for Uber, Dan Ives, Wedbush Securities managing partner, told CNBC's "Squawk Box" on Thursday. "I think they're going to be on the hunt for M&A."

Persons: Uber, Dara Khosrowshahi, Khosrowshahi, Expedia, Dan Ives, CNBC's, they're, Ives Organizations: CNBC, Financial Times, Wedbush Securities

☆ Best Buy and Danaher are on the move Thursday — here's what is behind their different fates
▼ + stars: | 2024-10-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim said he has previously debated selling some Danaher shares around their current levels of $275 but now he has "cold feet." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Sartorius, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Commerce Department, Nvidia, Broadcom, Club, CSX, Elevance, AMD Locations: Blackstone

Search resuls for: "UBER"

25 mentions found