Market News Today — AI-Curated Stock & Crypto Headlines

Uber has invested $750 million in Waabi, a self-driving truck startup, with an additional $250 million tied to deployment milestones, marking a significant expansion into robotaxis and further solidifying Uber's position in the autonomous vehicle market.

Caterpillar's market value has surpassed $300 billion, driven by its power-generation equipment business and increasing demand for data-center power, leading to a record backlog.

Uber has unveiled a production-intent robotaxi in collaboration with Lucid and Nuro, which will enter the market later this year, offering a spacious experience.

Accel Partners has invested in Rapido, an Uber rival, with Prosus boosting its stake, resulting in a significant return for TVS Motor, which sold its stake in Rapido.

Brazil’s leading delivery app, iFood, filed a complaint against a Chinese rival operating in Brazil, alleging anticompetitive practices.

Lucid Motors has appointed a new CEO, ending a year-long search, and secured additional funding from key investors including Uber and Saudi backers, potentially stabilizing the company's outlook.

YouTubers are diversifying their income streams beyond ad revenue, with some side businesses growing faster than their channels, indicating a shift in the creator economy.

By Rotation, a UK-based fashion rental platform, has partnered with Uber to deliver ski clothing, potentially expanding its services and reach.

The price gap between Waymo and Uber is narrowing, indicating a shift in the autonomous driving market, according to data analyzed by Obi.

Uber has launched an 'AV Labs' division to collect and provide driving data to its robotaxi partners, aiming to help them solve complex edge cases through increased volume.

YouTubers are shifting their focus from relying solely on ad revenue to diversifying their income streams through side businesses, with some experiencing faster growth in these ventures.

WeRide's CEO, Tony Han, is pitching robotaxis as a solution to aging populations and long commutes, highlighting their potential as a social good.