A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California.
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One Medical CEO Trent Green will step down from the Amazon-owned primary care provider after less than two years in the role.
Green is leaving One Medical to become CEO of National Research Corp., or NRC Health, a provider of health-care analytics and other services, the company said in a release Tuesday. He’ll start there on June 1.
Under Green, One Medical expanded into new geographic markets and opened more offices. It also integrated further into Amazon, with the company adding medical services to its Prime membership program.
Amazon confirmed Green’s departure in a statement.
“After nearly three years with Amazon One Medical, CEO Trent Green has decided to leave the company,” an Amazon spokesperson said in a statement. “We are grateful to Trent for his many contributions and wish him well on his next endeavor.”
Neil Lindsay, who leads Amazon Health Services, said in a memo to employees on Tuesday that Green is moving back to his home state of Nebraska for the new role. Green’s last day at Amazon will be April 4.
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“Trent has helped One Medical solidify its position as an incredible place for providers to deliver — and patients to turn to (and return for) — high-quality, human-centered care,” Lindsay wrote in the memo, which was obtained by CNBC.
The deal for One Medical is the third-largest acquisition in Amazon’s history, behind its 2017 purchase of Whole Foods for $13.7 billion and its $8.45 billion deal for MGM Studios in 2021.
Amazon acquired One Medical as part of a deepening push into the health-care market. The company scooped up online pharmacy PillPack in 2018 for about $750 million, before launching its own offering.
A Zoox autonomous robotaxi in San Francisco, California, US, on Wednesday, Dec. 4, 2024.
David Paul Morris | Bloomberg | Getty Images
Amazon‘s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday.
The recall surrounds a defect with the vehicle’s automated driving system that could cause it to inaccurately predict the movement of another car, increasing “the risk of a crash,” according to a report submitted to the National Highway Traffic Safety Administration.
Zoox submitted the recall after an April 8 incident in Las Vegas where an unoccupied Zoox robotaxi collided with a passenger vehicle, the NHTSA report states. There were no injuries in the crash and only minor damage occurred to both vehicles.
“After analysis and rigorous testing, Zoox identified the root cause,” the company said in a blog post. “We issued a software update that was implemented across all Zoox vehicles. All Zoox vehicles on the road today, including our purpose-built robotaxi and test fleet, have the updated software.”
Zoox paused all driverless vehicle operations while it reviewed the incident. It’s since resumed operations after rolling out the software update.
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Amazon acquired Zoox in 2020 for over $1 billion, announcing at the time that the deal would help bring the self-driving technology company’s “vision for autonomous ride-hailing to reality.” However, Amazon has fallen far behindAlphabet‘s Waymo, which has robotaxi services operating in multiple U.S. markets. Tesla has also announced plans to launch a robotaxi offering in Austin in June, though the company has missed many prior target dates for releasing its technology.
Zoox has been testing its robotaxis in Las Vegas, Nevada, and Foster City, California. Last month, Zoox began testing a small fleet of retrofitted vehicles in Los Angeles.
Last month, NHTSA closed a probe into two crashes involving Toyota Highlanders equipped with Zoox’s autonomous vehicle technology. The agency opened the probe last May after the vehicles braked suddenly and were rear-ended by motorcyclists, which led to minor injuries.
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025.
“Some investors may be disappointed with the modest full- year revenue guidance raise, the sequential margin decline, and the international commercial revenue year-over-year decline,” wrote William Blair analyst Louie DiPalma, adding that the company’s high software multiple makes it “vulnerable” to compression as revenue growth slows.
Despite the post-earnings move, Palantir topped revenue expectations and lifted its revenue guidance for the year. The Denver-based company posted adjusted earnings of 13 cents per share on $884 million in revenues. Analysts polled by LSEG had expected adjusted EPS of 13 cents and revenues of $863 million.
Palantir’s revenues rose 39% from $634.3 million in the year-ago quarter. Net income grew to about $214 million, or 8 cents per share, from roughly $105.5 million, or 4 cents per share, a year ago. The company also hiked its full-year revenue outlook to between $3.89 billion and $3.90 billion
CEO Alex Karp said that “Palantir is on fire” and he’s “very optimistic” about the current setup during the earnings call after the bell Monday.
“The reality of what’s going on is that this is an unvarnished cacophony — the combination of 20 years of investment and a massive cultural shift in the U.S. which is generating numbers,” he said.
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Palantir has outperformed the market this year, building on a successful 2024 run in which the stock was the best performer in the S&P 500. Many on Wall Street say the surge in shares has contributed to an elevated multiple for the company, making the bar higher and higher to clear. To be sure, the stock has undergone immense volatility amid the latest batch of market volatility spurred by President Donald Trump’s tariff plans.
“While 2025 numbers move higher on guidance ahead of consensus, we question conservatism and if estimate revisions are priced in from here,” said RBC Capital Markets analyst Rishi Jaluria.
Despite the company’s strong execution and fundamentals, Mizuho’s Gregg Moskowitz also said it’s “very difficult to justify” its high multiple. Raymond James analyst Brian Gesuale said that Palantir needs to consolidate some of its gains to “grow into its rich valuation.”
Wall Street also highlighted a deceleration in international commercial revenues among the reasons for the potential decline in shares. The segment fell 5% year over year after rising 3% in the previous quarter due to headwinds in Europe.
Management said on an earnings call that the region is “going through a very structural change and doesn’t quite get AI.”
Travelers walk past a sign pointing toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.
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Uber will acquire an 85% stake in Turkish food delivery platform Trendyol GO for about $700 million in cash, the company said in a securities filing.
The deal, subject to regulatory approval, is expected to close in the second half of this year. Uber said it expects the transaction to be accretive to its growth once completed.
“Uber and Trendyol GO coming together will elevate the delivery sector in Türkiye for consumers, couriers, restaurants and retailers, especially small and family-owned businesses,” Uber CEO Dara Khosrowshahi said in a release. “This deal reflects our long-term commitment to Türkiye, we’re incredibly impressed with what the Trendyol GO team has built, and we’re excited to continue that strong momentum across the country.”
Founded in 2010, Trendyol GO is run by Turkish e-commerce platform Trendyol, which is majority owned by Chinese titan Alibaba. The platform hosts roughly 90,000 restaurants and 19,000 couriers across the country.
In 2024, Trendyol GO delivery more than 200 million orders and generated $2 billion in gross bookings, a jump of 50% year over year, Uber said in the securities filing.
The announcement comes as Uber is set to report first-quarter earnings before market open on Wednesday. The rideshare and food delivery company is expected to post earnings per share of 51 cents on revenue of $11.6 billion, according to StreetAccount.