The New York County Supreme Court approved a settlement in which Uber Eats will pay $3.15 million in restitution to approximately 48,000 delivery workers and an additional $350,000 in civil penalties and legal fees. The restitution covers alleged underpayment of mileage and time-based rates between January 2020 and December 2023. A third‐party administrator will begin distributing payments by the end of Q2 2026, with average worker recoveries estimated at $65. The company has also committed to recalibrating its mileage reimbursement algorithm and implementing quarterly audits of delivery‐fee allocations to ensure future compliance with New York labor regulations.

Uber is set to report full fiscal year results next week, with investors focused on whether the prior quarter’s dip in adjusted EBITDA margins—down 120 basis points sequentially—represents a one‐off event or the start of a sustained profitability challenge. Analysts project year‐over‐year growth of 15% in mobility revenues but caution that delivery segment margins, currently at 8.2%, could face headwinds from rising driver incentives. Market participants are watching closely for updates on Uber’s strategic partnership with Nvidia, which could unlock more cost‐efficient routing and forecasting tools; any positive announcement on the advance of Tensor Core–powered optimization is expected to offset margin pressure and bolster investor confidence.

Uber has committed $750 million upfront, plus a contingent $250 million tied to deployment milestones, into Canadian autonomous‐trucking startup Waabi Technologies. The funds support Waabi’s plan to leverage its ‘simulation‐first’ AI platform—developed under former Uber self‐driving chief Raquel Urtasun—to deploy 25,000 robotaxis over time. This investment marks Uber’s 21st autonomous vehicle partnership globally and underscores its ‘bet‐on‐everything’ approach to self-driving. Internal models suggest that a successful rollout could reduce per‐ride operational costs by as much as 30%, while Uber projects at least a 10% uplift in vehicle utilization rates once pilot programs in three U.S. and European cities transition to limited commercial service in late 2027.