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NASDAQ:UBER News 31 January 2026 - 7 February 2026

Uber stock slips after 1,200-robotaxi Middle East expansion, legal overhang lingers

Uber stock slips after 1,200-robotaxi Middle East expansion, legal overhang lingers

Uber and WeRide plan to deploy at least 1,200 robotaxis in Abu Dhabi, Dubai, and Riyadh by 2027. Uber shares closed down 0.6% at $74.77 Friday after a volatile week, falling about 8% since Monday. The company faces legal pressure after a U.S. jury ordered it to pay $8.5 million in a driver assault case. CFO Prashanth Mahendra-Rajah will step down Feb. 16, replaced by Balaji Krishnamurthy.
Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber shares rose 1.7% to $75.21 in after-hours trading Thursday after reporting Q4 gross bookings of $54.1 billion, up 22%. The company announced a CFO transition and plans to expand robotaxi operations to up to 15 cities by 2026. A federal jury ordered Uber to pay $8.5 million in a key rider-safety lawsuit. Uber’s Q1 profit outlook missed analyst estimates.
Uber stock rebounds nearly 4% as CFO switch and robotaxi push hit Wall Street

Uber stock rebounds nearly 4% as CFO switch and robotaxi push hit Wall Street

Uber shares rose 3.9% to $76.80 Thursday after a steep post-earnings drop, as the company named Balaji Krishnamurthy to replace CFO Prashanth Mahendra-Rajah, who will resign Feb. 16. Uber’s Q1 adjusted EPS forecast missed Wall Street estimates, while gross bookings guidance topped expectations. A UK tax law ruling will cut reported revenue margin by 3.5 points. Q4 trips and gross bookings each climbed 22% year-on-year.
Uber stock sinks after earnings outlook miss as CFO change and robotaxi push hit focus

Uber stock sinks after earnings outlook miss as CFO change and robotaxi push hit focus

Uber shares fell about 5% to $73.92 in after-hours trading Wednesday after the company issued a first-quarter profit forecast below analyst expectations and announced CFO Prashanth Mahendra-Rajah will step down. Uber projected adjusted EPS of 65–72 cents, missing the 76-cent consensus. The company signaled a higher 2026 tax rate and plans to expand autonomous vehicle deployments.
Uber stock slides after profit outlook misses as robotaxi push and CFO change grab focus

Uber stock slides after profit outlook misses as robotaxi push and CFO change grab focus

Uber shares fell 4% to $74.84 after fourth-quarter profit missed estimates and the company issued a weaker first-quarter outlook. CFO Prashanth Mahendra-Rajah will step down Feb. 16, with Balaji Krishnamurthy taking over. Uber highlighted robotaxi expansion, aiming for service in up to 15 cities by 2026. Lyft and DoorDash shares also declined in afternoon trading.
Grab stock slides as Hesai lidar deal lands; what to watch for GRAB ahead of earnings

Grab stock slides as Hesai lidar deal lands; what to watch for GRAB ahead of earnings

Grab Holdings shares fell 2.3% to $4.17 by early afternoon Wednesday, extending recent losses despite being named exclusive Southeast Asia distributor for Hesai’s lidar sensors. Investors showed little reaction to the deal, focusing instead on Grab’s upcoming February 11 earnings and continued weakness in tech stocks. Hesai shares rose 0.4%. Financial terms of the partnership were not disclosed.
Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber shares slide after earnings miss: cheap rides squeeze margins as robotaxi bets grow

Uber missed Q4 earnings estimates and projected Q1 adjusted EPS below forecasts, sending shares down over 8% premarket. Q4 revenue rose 20% to $14.37 billion, with trips and gross bookings each up 22%. CFO Prashanth Mahendra-Rajah will step down. Uber flagged a UK accounting change that will reduce reported mobility revenue margins.
Uber stock slips ahead of earnings as France driver dispute adds a new wrinkle

Uber stock slips ahead of earnings as France driver dispute adds a new wrinkle

Uber shares fell 3.6% to $77.93 Tuesday, underperforming the Nasdaq’s 1.43% drop ahead of its earnings report due Wednesday morning. Trading volume surged above average as investors watched for fallout from a reported €1.7 billion French regulatory claim over driver classification. Wall Street expects earnings of 79 cents per share on $14.3 billion in revenue.
Uber stock drops 4% as French driver-status dispute returns ahead of earnings

Uber stock drops 4% as French driver-status dispute returns ahead of earnings

Uber shares fell 4.1% to $77.49 by early afternoon Tuesday after a Reuters report said French agency Urssaf is seeking $1.4 billion in social-security payments and penalties over driver classification. Investors are awaiting Uber’s fourth-quarter results Wednesday, with concerns over margins and legal costs. Lyft and DoorDash also dropped about 4%.
Uber stock down 2% into weekend as Bank of America Securities trims target ahead of Feb. 4 earnings

Uber stock down 2% into weekend as Bank of America Securities trims target ahead of Feb. 4 earnings

Uber shares fell 2% to $80.05 Friday as U.S. markets dropped following Donald Trump’s pick of Kevin Warsh for Fed chair. Bank of America cut its Uber price target to $110 but kept a buy rating. Trading volume in Uber exceeded its 50-day average ahead of Q4 earnings set for Feb. 4. Lyft and DoorDash also closed lower.
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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