Today: 29 June 2026
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XETRA:DHER 11 December 2025 - 19 June 2026

Uber Faces Key Week After $11.6 Billion Delivery Hero Bid

Uber Faces Key Week After $11.6 Billion Delivery Hero Bid

Uber shares fell nearly 2% last week to $70.40 as investors await news on a possible new bid for Delivery Hero, after Uber raised its stake to almost 37%. The S&P 500 gained 1.4% in the same period. Traders are watching for a formal offer, German filings, or shareholder pushback. Jefferies flagged antitrust risks and warned Uber may need to lift its bid or sell assets, putting pressure on the stock.
Uber faces investor pushback after Delivery Hero offer

Uber faces investor pushback after Delivery Hero offer

Uber has made a non-binding €33-per-share takeover offer for Berlin-based Delivery Hero, but shares traded at €39.04 after Wednesday’s Xetra close. A key shareholder rejected a €38 bid, prompting Uber’s board to discuss raising its offer, Reuters reported. Some investors want over €40 a share. DoorDash is also reportedly interested in Delivery Hero.
Uber eyed as possible Delivery Hero buyer, DoorDash rivalry in view

Uber runs into price ceiling on $11.6B Delivery Hero move

Delivery Hero shares traded at €37.91 in Frankfurt Tuesday, above Uber’s €33-a-share bid, as investors anticipated a higher offer. Uber recently doubled its stake to 19.5% and confirmed an indicative proposal, while some shareholders rejected €38 a share. DoorDash has also shown interest in Delivery Hero’s Middle East assets. Delivery Hero is reviewing options, including asset sales or a full sale.
Grab Holdings Limited Stock Jumps Before Earnings as Buyback and Taiwan Deal Face a Hard Test

Grab Holdings Limited Stock Jumps Before Earnings as Buyback and Taiwan Deal Face a Hard Test

Grab Holdings shares climbed 4.7% to $4.21 on Nasdaq Friday, with 72.8 million shares traded. The company will report first-quarter results after U.S. markets close May 4. Grab agreed in March to buy Foodpanda Taiwan for $600 million, its first planned expansion outside Southeast Asia. The firm is also executing a $400 million share buyback program.
EU Stock Market Today, 11 December 2025: Cyclicals Rally While Tech Stumbles After Fed Rate Cut and SNB Hold

EU Stock Market Today, 11 December 2025: Cyclicals Rally While Tech Stumbles After Fed Rate Cut and SNB Hold

European stocks closed higher on December 11, with the STOXX Europe 600 up 0.66% and the Euro Stoxx 50 gaining 1.0%, as investors favored financials and cyclicals after the Fed’s rate cut. Germany’s DAX and Spain’s IBEX 35 hit new highs. Technology shares lagged, with SAP dropping up to 3% after Oracle’s weak outlook revived concerns over AI sector profits.

Stock Market Today

  • Australian Shares Rise as U.S. Futures Gain, China Reports Strong Industrial Profits
    June 28, 2026, 9:58 PM EDT. Australian shares nudged higher by 0.2% to 8,778 points in early Monday trade, buoyed by gains in U.S. futures following a U.S.-Iran agreement to pause hostilities ahead of peace talks. China, Australia's top trading partner, reported an 18.8% year-over-year surge in industrial profits for January-May, driven by an AI investment boom and policy backing. Despite this, investors remain cautious ahead of China's Purchasing Managers' Index (PMI) data and the Reserve Bank of Australia's June meeting minutes, amid concerns about potential hawkish monetary policy due to strong employment numbers. Gains were led by commercial services, consumer services, and healthcare sectors, with Xero Ltd up 4.6% and REA Group rising 2.3%. Two of the four major banks also recorded modest increases.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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