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Serve Robotics triples after Nvidia's investment disclosure

BUZZ-Serve Robotics triples after Nvidia's investment disclosure Updates stock activity, changes headline ** Shares of Serve Robotics SERV.O soar as much as 218% to $8.36 on Fri after chip giant Nvidia NVDA.O disclosed investment in automatic sidewalk delivery firm ** NVDA said in SEC filing late Thurs it bought 62,500 shares for $4/sh in Jul 2023, and invested in co again in Apr, converting promissory note into ~1.1 mln shares at $2.42 a piece ** NVDA owns ~3.7 mln SERV shares for ~10% stake **
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Serve Robotics surges after Nvidia's investment unveil

BUZZ-Serve Robotics surges after Nvidia's investment unveil ** Shares of Serve Robotics SERV.O surge ~80% premarket to $4.74 after Nvidia NVDA.O disclosed investment in the co ** NVDA said in SEC filing late Thurs it bought 62,500 shares of automatic sidewalk delivery firm for $4/sh in Jul 2023 ** In Apr, NVDA invested in co again, converting a promissory note into ~1.1 mln shares at $2.42 a piece ** NVDA owns ~3.7 mln SERV shares for ~10% stake ** SERV made its public debut in Mar under the OTC
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JB Hunt sell-off puts pressure on transport sector after rally

UPDATE 1-JB Hunt sell-off puts pressure on transport sector after rally Updates prices at 2:28 p.m ET/ 1828 GMT, adds commentary By Sinéad Carew July 17 (Reuters) - Shares in JB Hunt Transport Services JBHT.O dropped more than 6% on Wednesday, on course to snap a five-day rally and weighing heavily on the broader transportation sector after the trucking company's quarterly report missed expectations.
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Uber's UK court win over tax on rival apps overturned on appeal

Uber's UK court win over tax on rival apps overturned on appeal LONDON, July 15 (Reuters) - Uber's UBER.N rival taxi operators will not face a 20% tax charge on their profit margins outside of London after a court on Monday overturned a ruling that private-hire operators enter into a contract with passengers. Uber had brought the case following a 2021 decision by the United Kingdom's Supreme Court that its drivers were workers, which had an impact on Uber's tax and other obligations.
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New York City poised to clamp down on Uber, Lyft driver lockouts-Bloomberg News

MEDIA-New York City poised to clamp down on Uber, Lyft driver lockouts-Bloomberg News -- Source link: https://bit.ly/3Y4AkXQ -- Note: Reuters has not verified this story and does not vouch for its accuracy
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