UBER

Uber has purchased Aspex's stake in Delivery Hero, a move occurring in the context of an ongoing takeover bid for the food delivery company. The acquisition of this stake signals Uber's continued strategic interest in expanding its delivery footprint through Delivery Hero. Details on the size of the stake and total transaction value were not disclosed in the article.

Delivery Hero has confirmed it received a takeover offer from Uber. No financial terms or deal status beyond the confirmation have been disclosed. This represents a significant M&A development for both companies.

Uber and DoorDash are reportedly engaging Delivery Hero investors as part of a potential takeover bid, according to the Financial Times. The report suggests both companies are separately or jointly exploring an acquisition of the German food delivery firm. The deal remains unconfirmed and at an early stage based on available reporting.

Bloomberg reports that Uber is evaluating a potential takeover of Delivery Hero, according to an unconfirmed report. No deal terms or timeline have been disclosed. The news represents a rumored transaction and has not been confirmed by either company.

Rivian's stock is down ~90% from its all-time high amid competitive pressure and flat delivery growth. The company is targeting a recovery via its lower-priced R2 SUV (launching in 2026 at ~$60,000, targeting sub-$50,000 by 2027), alongside software, chip, and autonomous vehicle initiatives. Rivian holds $6 billion in cash, backed by a Volkswagen funding commitment and a $6 billion DOE loan, but remains unprofitable with negative free cash flow of $2.5 billion.

Lucid Group's stock has fallen 67% over the past 12 months amid persistent unprofitability, negative gross margins, and delays to its lower-cost vehicle lineup. The company has secured new funding from Uber and Saudi Arabia's sovereign wealth fund, but has yet to demonstrate a viable path to mass-market scale. The article positions Rivian as a preferable EV alternative to Lucid.

Amazon agreed to acquire Globalstar to expand its satellite communications capabilities. Snap announced a 16% workforce reduction, while Taiwan Semiconductor Manufacturing reported strong earnings. Additional notable developments include Uber committing $10 billion to robotaxi investment and Aehr Test Systems securing a $41 million AI customer order.

The Motley Fool highlights Tesla and Rivian as stocks with $1 trillion upside potential, citing Tesla's Cybercab robotaxi opportunity as a second major value driver beyond its Model Y success. Rivian, currently valued at ~$20 billion, is flagged for its upcoming mass-market R2 SUV and autonomous driving ambitions, backed by a $1.25 billion investment commitment from Uber. The article is promotional in nature and does not contain new fundamental disclosures.