Uber Technologies' proposed acquisition of Germany's Delivery Hero brings economies of scale and expands its global footprint, says Eric Clark of Accuvest Global Advisors. Users of both Uber's mobility and delivery services typically generate 3x more bookings, offering potential to expand gross bookings further. It's cheaper for Uber to get more business from current users than attract new ones. Delivery Hero shares traded flat.

Volvo AB's better-than-expected truck orders indicate profitability can improve from solid levels, says RBC's Nick Housden. The Swedish truck maker surprised with order intake in trucks and construction equipment, benefiting from cyclical recovery. Volvo beat consensus for sales and adjusted EBIT by 1% and 2%. Shares rose 2.3% to 349.10 kronor.

XPeng's humanoid robots are a longer-term initiative unlikely to boost near-term earnings, says Macquarie's Eugene Hsiao. The Chinese EV maker plans global launch next year, targeting over 1,000 units monthly by end-2026. Near-term use cases limited to retail, customer service, manufacturing. XPeng shares fell 9.1% to 51.40 Hong Kong dollars.