Khadija Saeed

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

Uber Technologies shares edged down Friday after a federal judge dismissed Uber and DoorDash’s bid to block New York City’s tipping laws for food-delivery apps. Uber slipped 0.1% to $82.45 in early afternoon trading. The companies had pushed for a preliminary injunction to halt rules mandating a tip option at checkout, including a suggested minimum 10% tip. But Judge George Daniels ruled the regulations “advance the city’s goals of enhancing cost transparency at the time of checkout.”
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap

NYSE: AER 95 / 100
#2 BUY

Uber

NYSE: UBER 93 / 100
#3 BUY ON WEAKNESS

Taiwan Semiconductor

NYSE: TSM 91 / 100
#4 ACCUMULATE

AIG

NYSE: AIG 88 / 100
#5 BUY THE RESET

Ferguson

NYSE: FERG 86 / 100
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Editorial model selection. Not personalised advice.