Uber to Buy Delivery Hero for $14.8 Billion, Nearly Doubling Food-Delivery Reach
Uber Technologies Inc. has agreed to acquire German food-delivery company Delivery Hero SE for $14.8 billion, a deal that would expand Uber Eats’ footprint from 45 countries to more than…
SpaceX’s First Post-IPO Starship Test Puts a Stalled Stock on the Line
The countdown is set for 5:45 p.m. Central time. Starship Flight 13, the first orbital test of the giant rocket since SpaceX went public in June, is scheduled to lift…
Intel Ships First Chips Made on ASML’s $400 Million High-NA Machines
The machine weighs 165 tons and cost around $400 million, and Intel has put it to work. On July 15, ASML confirmed that Intel Foundry has become the first chipmaker…
Korea’s Stock Market Tumbles as Chip Giants Lead a Broad Selloff
The screens in Seoul turned red early and stayed that way. Korea’s KOSPI index fell more than 6% on Thursday, its steepest single-day decline in years, as investors dumped the…
KeyBanc Cuts Apple While Monness Turns Bullish in Same-Day Split
Two analysts looked at the same company on the same day and reached opposite conclusions. KeyBanc cut Apple’s rating, citing weak iPhone demand, pressure from Huawei, and slowing growth in…
ASML’s Earnings Will Test the Chip Industry’s Faith in Its Order Book
When ASML reports quarterly results, investors will be looking for answers to two questions: how quickly the Dutch company can clear its backlog of advanced lithography machines, and how much…
Intel Commits €5 Billion to Europe as Nova Lake Production Comes Home
Intel said it will spend €5 billion, about $5.7 billion, to expand chip manufacturing in Europe, concentrating the investment on its fab complex in Ireland. The same day, TechPowerUp reported…
SpaceX Notches 600th Booster Reuse as Its Stock Faces Three Headwinds
A Falcon 9 booster came back to Earth, was refitted, and flew again this week, the 600th time SpaceX has reused a booster, according to Spaceflight Now. The number is…
Uber’s Product Chief Plots a Two-Front Push Into Robotaxis and Hotels
In an interview with TechCrunch, Uber’s product chief laid out a two-front expansion that would carry the company beyond ride-hailing: lobbying Washington for federal autonomous-vehicle rules that would let Uber…
Nvidia CEO Denies Rubin Ultra Delay in Push to Court Investors
Jensen Huang walked into a Morgan Stanley roadshow in California this month with a slide deck and a list of rumors to kill. The Nvidia Corp. chief executive, joined by…
