3 Stocks That Could Turn $1,000 into $5,000 by 2030
- A five-bagger in only five years? Any investor would love to buy such a stock.
- 12/20/2024
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BIG AUTO ACCIDENT ATTORNEYS GIVING AWAY FREE UBER VOUCHERS FOR NEW YEAR'S EVE
- PHOENIX, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Big Auto Accident Attorneys, a Phoenix-based law firm with a national team of top vehicle accident attorneys, will give away free vouchers for Phoenix-area Uber rides on New Year's Eve. Nic Edgson, CEO and managing attorney of Big Auto Accident Attorneys, shared that this giveaway reflects the firm's commitment to community support and aims to enhance safety on one of the most dangerous nights of the year.
- 12/19/2024
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Uber faced growth opportunities and hurdles with Robotaxi launch, says Oppenheimer
- Tesla Inc (NASDAQ:TSLA)'s upcoming Robotaxi fleets present both a growth avenue and a series of logistical hurdles for ride-hailing OG Uber Technologies Inc (NYSE:UBER, ETR:UT8), reckon investment bank Oppenheimer. In a future where multiple providers compete, Uber's strength as a leading logistics and matching platform could enable it to achieve lower costs and higher vehicle utilization rates, said analysts.
- 12/19/2024
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Analyst Sees 'Buying Opportunity' After Uber Stock Sell-Off On Waymo, Tesla Robotaxi Concerns
- An Uber stock analyst with Oppenheimer says the ride-hail market leader's recent sell-off is an opportunity for investors. The post Analyst Sees 'Buying Opportunity' After Uber Stock Sell-Off On Waymo, Tesla Robotaxi Concerns appeared first on Investor's Business Daily.
- 12/19/2024
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Down 30% From Its High, Should You Buy Uber Technologies Stock on the Dip?
- Shares of Uber Technologies (UBER 0.33%) have been nosediving this month as investors worry about rising competition and the company's long-term growth prospects. As of this writing, the stock has declined 2% year to date and is down about 30% from its all-time high.
- 12/19/2024
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If I Could Only Buy 3 Stocks in the Last Month of 2024, I'd Pick These
- Investors are fortunate to have access to a universe of stocks that they can buy or sell at any given time. Sometimes, however, limiting your options can be a powerful exercise.
- 12/19/2024
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Uber Technologies (UBER) Increases Despite Market Slip: Here's What You Need to Know
- The latest trading day saw Uber Technologies (UBER) settling at $61.23, representing a +0.33% change from its previous close.
- 12/18/2024
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Calls of the Day: Tesla, Uber, Citizens Financial and Netflix
- Bill Baruch explains why he owns Tesla as Baird Trust raises its price target from $280 to $440, recommending buying on pullbacks. The Investment Committee weighs in and shares their Calls of the Day.
- 12/18/2024
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Uber and its CEO donate $1m each to Trump's inaugural fund
- Donation adds to list of tech companies and executives seeking to foster favorable relationship with president-elect
- 12/18/2024
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Uber: Why You Should Catch This Falling Knife (Upgrade)
- I rated UBER as a Sell in late 2023, and its recent bear market decline has validated that thesis. Uber faces potential long-term disruption risks from Waymo and Tesla, but it's too early to ascertain. Investors are likely more concerned over the assessed deceleration of near-term gross bookings growth due to tougher comps.
- 12/18/2024
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Uber and its CEO donate $1 million each to Trump's inaugural fund
- Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters on Tuesday.
- 12/17/2024
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UBER's "Binary Bet" Against TSLA in Autonomous Driving Space
- Uber Technologies (UBER) has fallen 30% from its all-time high. @LikeFolio's Landon Swan believes the plunge comes from investor concerns around Uber's future in the autonomous driving space, especially with Tesla's (TSLA) positioning in the robotaxi race.
- 12/17/2024
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3 Growth Stocks to Grab for Less Than $100
- MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
- 12/17/2024
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3 Must-Know Uber Facts for Investors
- Few businesses have disrupted entire industries like Uber Technologies (UBER 0.53%) has done to the taxi market. The company has become so successful and dominant in its 15-year history that its name is now used as a verb, indicating strong consumer mindshare.
- 12/17/2024
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1 Undervalued Growth Stock to Buy Hand Over Fist Before 2025
- As 2024 comes to a close, investors can consider this stock an excellent value for 2025 and beyond.
- 12/16/2024
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Down 27%, Is Uber Stock an Incredible Buying Opportunity Before the End of 2024?
- Ever since it had its initial public offering in May 2019, Uber (UBER -2.41%) has taken its investors on a bumpy ride. Things were looking up through the first nine months of this year, but as of this writing, shares trade 28% below their October all-time high.
- 12/16/2024
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How Empower Has Become Uber's Rival in Washington D.C.
- A company called Empower is trying to take on Uber, Lyft and local regulators as it piles up fines and draws new passengers to its service.
- 12/16/2024
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Uber: An Early Christmas Gift From Mr. Market
- Uber's stock has dropped over 30% due to robotaxi fears, but its strong market position makes it indispensable for AV suppliers. Partnering with Uber is economically sensible for AV suppliers. And such partnerships will reduce "cost per mile" on Uber, thereby increasing gross bookings through expanded supply. Uber's fair value is ~$105.5 per share, i.e., UBER is currently undervalued by ~45%. With a 5-year expected CAGR return of ~25.8%, UBER is extremely attractive.
- 12/15/2024
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Got $1,000? 3 Stocks to Buy Now While They're on Sale.
- There's never a bad time to buy a good stock. If you can step into a good stock at a discount though, then so much the better.
- 12/14/2024
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Josh Brown's on his Uber strategy
- Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to discuss his strategy on Uber after buying it yesterday.
- 12/13/2024
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Uber Technologies: Margin Expansion And Market Dominance
- Uber dominates the US ride-sharing market with a 74% share, significantly outpacing competitors like Lyft. The company operates in over 10,000 cities globally, offering ride-sharing, food delivery, and courier services. Uber's market leadership and extensive global reach make it a strong contender in the transportation sector. Uber is currently reasonably priced and could be a good long-term investment opportunity.
- 12/13/2024
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4 Reasons to Buy Uber Stock Like There's No Tomorrow
- In today's video, I discuss the bullish case for Uber Technologies (UBER -1.00%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
- 12/13/2024
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Prediction: This Fantastic Growth Stock Down 30% Will Beat the Market in 2025
- In this video, I will cover the recent updates regarding Uber (UBER -1.32%) and explain why I'm buying this stock despite all the noise around the company. Watch the short video to learn more, consider subscribing, and click the special offer link below.
- 12/13/2024
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Why Uber's Drop Could Be a Golden Entry Opportunity for 2025
- Shares of Uber Technologies Inc NYSE: UBER were cruising at all-time highs as recently as October. They've slipped considerably since then, and for investors, this will be frustrating.
- 12/13/2024
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Is It "Game Over" for Uber Stock Investors? Or Is There Still a Glimmer of Hope?
- In today's video, I discuss Uber Technologies (UBER 0.38%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.
- 12/13/2024
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Uber stock forms a risky pattern as fresh concerns rise
- Uber stock price has suffered a harsh reversal in the past few weeks, erasing billions of dollars in value. It has retreated by about 30% from the year-to-date high of $86.85, moving to its lowest level since August 6.
- 12/13/2024
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Mexican senate approves work benefits for app drivers
- Mexico's Senate on Thursday approved reforms to improve conditions for drivers with ride-hailing and delivery services such as DiDi , Rappi and Uber , ensuring access to social security and a Christmas bonus, among other benefits.
- 12/12/2024
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Why the Market Dipped But Uber Technologies (UBER) Gained Today
- In the latest trading session, Uber Technologies (UBER) closed at $61.41, marking a +0.38% move from the previous day.
- 12/12/2024
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Long Uber, Short Lyft Is Our Best Pair Trade Idea For 2025
- The S&P 500 looks expensive, and we expect finding uncorrelated return streams should be important in 2025. Buying UBER and shorting LYFT could be a good way to expose yourself to a great company while hedging out market risk. LYFT's shares appear cheap, but UBER's dominant market position makes it the clear 'Buy' out of the two.
- 12/12/2024
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Final Trades: Cisco, KKR & Co, Dominion Energy and Uber
- The Investment Committee give you their top stocks to watch for the second half.
- 12/12/2024
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UBER vs. TTD: Which Stock Is the Better Value Option?
- Investors interested in Internet - Services stocks are likely familiar with Uber Technologies (UBER) and The Trade Desk (TTD). But which of these two stocks is more attractive to value investors?
- 12/12/2024
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Why Uber Stock Is Volatile After GM's Cruise Announcement
- Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to know.
- 12/12/2024
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After Plunging -14.03% in 4 Weeks, Here's Why the Trend Might Reverse for Uber (UBER)
- The heavy selling pressure might have exhausted for Uber (UBER) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 12/12/2024
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Here's why Uber stock is crashing
- Hailed as one of the biggest success stories in tech, Uber (NYSE: UBER) has had an interesting year.
- 12/12/2024
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Final Trade: URNM, CCJ, BA, UBER
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 12/11/2024
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Uber Technologies, Inc. (UBER) Barclays 22nd Annual Global Technology Conference - (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 4:20 PM ET Company Participants Prashanth Mahendra-Rajah - Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Ross Sandler All right. We're going to get started.
- 12/11/2024
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Uber Says NYC's Proposed Requirements Would Leave Drivers Without Insurance
- Uber reportedly told New York City's taxi regulator that proposed changes to commercial auto insurance requirements may leave drivers unable to insure their vehicles. The company submitted written comments ahead of the Taxi and Limousine Commission's public hearing Wednesday (Dec. 11), Bloomberg reported Wednesday.
- 12/11/2024
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Waymo Skips Uber, But I Am Not Worried
- The rise of autonomous driving is proving to be the biggest perceived risk to my investment thesis for Uber in the long term. Last week, Uber stock crashed 10% when Google-backed Waymo announced plans to expand to Miami through its partnership with Moove, an African mobility platform. After evaluating Uber's strategic positioning in the ridesharing market with access to invaluable demand and supply data, I believe the market reaction to Waymo's expansion is exaggerated.
- 12/11/2024
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Is Uber an Undervalued Growth Stock?
- Uber (UBER -1.11%) stock is falling as driverless technology improves.
- 12/10/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/10/2024
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Pleasanton Startup Offers Restaurant-Friendly Delivery Service
- PLEASANTON, CA — Many customers appreciate the convenience of food delivery services like DoorDash or Uber Eats, but for many restaurants, they’re a necessary evil that takes a lot of money out of their pocket, including 15-40% of commissions. Pleasanton startup Boons, founded by Pleasanton resident Rajeev Garg, aims to help local restaurants by offering commission-free online ordering and delivering, all without any contracts or obligations. Boons also offers free, AI-powered personalized websites and social media for restaurants, and access to data analytics, and flexibly-priced catering, their newest service. Through word of mouth, more than 150 Tri-Valley restaurants have joined Boons since it started in 2019, including Sultan’s Kebab, Frontier Spice, Wild One Grill, and Brava. “We’re looking to drive value for local restaurant owners and have better pricing for consumers in this very inflationary environment,” said Pleasanton resident and business advisor Joe Hill. “We have built a product that is highly customizable that is more like a win-win for the customers who pay less, businesses pay more, and they have nothing to lose because we do not have any hidden free contracts or anything. It’s more like a tech platform that any restaurant can take advantage of,” said founder and CEO Rajeev Garg. Restaurants can join without paying any onboarding fees, and then pay a flat $1-per-order fee to Boons. Additionally, Boons will help find the cheapest delivery service, and the customer rather than the restaurant will pay any additional delivery fees. They also offer catering services that charge $5 per every $100 order. For a fixed cost of $150, Boons will take care of restaurants’ digital presence, including social media, SEO analytics, and more, for a fixed cost of $150 a month. As a result, the business has grown 100% in two years, with a 100% retention rate, according to Garg. In addition to locations in the Tri-Valley, they’ve partnered with hundreds more restaurants across the Bay Area, and locations in Sacramento and Southern California. “We used to work with Uber Eats, but now we no longer work with any company besides Boons,” said the owner of Wild One Grill in Pleasanton in a video. “We definitely recommend it - you won’t regret it. You will save on commissions, you will save on fees, it’s a great opportunity to grow your business too.” To learn more or order from local restaurants, visit boons.io.
- 12/10/2024
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If Robotaxis Are Approved Under Trump, These 3 Stocks Could Soar
- In recent years, the rise of robotaxis in cities like San Francisco has really re-shaped how investors think about the ride-hailing and food delivery sectors.
- 12/09/2024
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1 Glorious Growth Stock to Buy Hand Over Fist Before 2025
- In today's video, I will discuss recent updates regarding Uber (UBER -1.02%) and explain why now might be the best time to buy the stock. Watch the short video to learn more, consider subscribing, and click the special offer link below.
- 12/09/2024
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Why Are Nvidia and Uber Backing This Tiny $400 Million Artificial Intelligence (AI) Company?
- Nvidia (NVDA -1.81%) is the leading supplier of high-end graphics processing units (GPUs) for data centers, where they are used to power and train artificial intelligence (AI) applications. Uber Technologies (UBER 1.32%) operates the world's largest ride-hailing platform and also the Uber Eats food-delivery service.
- 12/09/2024
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Trump is stacking his White House roster with uber-rich backers
- President-elect Donald Trump is filling his next administration with billionaires and other mega-wealthy figures. The richest by far is Elon Musk, whom Trump has tapped to co-lead a bespoke advisory group tasked with slashing purported government waste.
- 12/08/2024
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What UBER Needs in Autonomous "Wild West"
- Waymo is moving into Miami, but Mark Mahaney doesn't expect it to be a death knell for Uber Technologies (UBER). He argues the rideshare has time to accelerate in the autonomous driving space and position itself well against Waymo.
- 12/06/2024
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Uber: Biggest Money Is Made When Reasonable Worries Are Exaggerated, My Top Pick For 2025
- Uber is undervalued, trading at 28 times '25 earnings, with a 4.5% free cash flow yield, and anticipated mid-teens revenue growth. Market fears of AV disruption are exaggerated; Uber's complex platform and partnerships position it as a likely global aggregator in an AV world. Waymo and Tesla's AV technologies are years away from scaling, and Uber's existing infrastructure offers significant advantages during the transition period and beyond.
- 12/06/2024
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Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
- Uber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits for its autonomous cars in several countries, including Singapore, UAE, the United States, and its hometown – China.
- 12/06/2024
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Uber and Lyft's Robotaxi Demise Might Be Greatly Exaggerated
- A Wall Street analyst defended Uber and Lyft shares on Friday after the stocks posted steep declines on Thursday.
- 12/06/2024
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Here's Why Uber Technologies (UBER) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 12/06/2024
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Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
- Uber and Chinese autonomous vehicle makers WeRide announced that they are partnering to offer a robotaxi service in Abu Dhabi. Human safety drivers will supervise the rides to start with.
- 12/06/2024
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Uber ($UBER) and WeRide ($WRD) Launch Autonomous Mobility Service in Abu Dhabi
- Uber Technologies (NYSE: UBER) and WeRide (NASDAQ: WRD) have launched a ride-hailing partnership in Abu Dhabi, marking the first availability of autonomous vehicles (AVs) on Uber's platform outside the U.S. and the largest Robotaxi service outside the U.S. and China. Riders using UberX or Uber Comfort may now be matched with WeRide autonomous vehicles for trips coming to or going from the Zayed International Airport, with plans to expand coverage.
- 12/06/2024
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Uber Launches First International Robotaxis, Shares Regain Some Ground
- After slumping because of Waymo's expansion Thursday, Uber stock climbed on different robotaxi news. The post Uber Launches First International Robotaxis, Shares Regain Some Ground appeared first on Investor's Business Daily.
- 12/06/2024
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Uber, Lyft fall sharpy as fully autonomous ride hailer Waymo extends reach
- Legacy ride-hailing services Uber Technologies Inc (NYSE:UBER, ETR:UT8) and LYFT Inc fell sharply on Thursday on news the fully autonomous ride-hailing disruptor Waymo is expanding its fleet to new areas. Waymo, which is owned by Google parent Alphabet Inc (NASDAQ:GOOG), announced the plans to expand its autonomous ride-hailing service, Waymo One, to Miami, with operations set to begin in 2026.
- 12/06/2024
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Uber and WeRide launch robotaxi service in Abu Dhabi
- Ride-hail giant Uber and Chinese autonomous vehicle technology company WeRide have launched a commercial robotaxi service in Abu Dhabi. The launch marks Uber's first international autonomous vehicle offering.
- 12/06/2024
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Uber and WeRide Launch Autonomous Mobility Service in Abu Dhabi
- ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER), the world's largest mobility and delivery technology platform, and WeRide (NASDAQ: WRD), the world's first publicly listed Robotaxi company and a global leader in autonomous driving technology, have announced the launch of their ride-hailing partnership in Abu Dhabi. The launch represents the first time autonomous vehicles (AVs) are available on the Uber platform outside of the United States, as well as the.
- 12/06/2024
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Uber and Lyft drop on news Waymo is expanding to Miami
- The 'Fast Money' traders talk recent moves in ride sharing stocks as Waymo announces its expanding.
- 12/05/2024
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Uber and Lyft Stocks Plunge As Google's Waymo Brings Driverless Taxis to Miami
- Google said it is bringing its Waymo self-driving taxis to Miami, news that sent shares of Uber Technologies (UBER) and Lyft (LYFT) sharply lower as investors weighed the risk to their services.
- 12/05/2024
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Why Uber Technologies Plunged Today
- Shares of Uber Technologies (UBER -9.60%) fell 9.6% in today's trading.
- 12/05/2024
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Uber will need to fingerprint drivers in California to transport teens
- Uber has 30 days to require certain drivers to get fingerprinted if the ride-hail giant intends to continue transporting unaccompanied teens in California.
- 12/05/2024
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Waymo expands to Miami: should Uber be scared?
- Waymo says it plans on expanding its autonomous ride-hailing service to Miami. Shares of Uber Technologies Inc (NYSE: UBER) as well as peer Lyft Inc (NASDAQ: LYFT) are deep in red following the announcement on Thursday.
- 12/05/2024
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Here's Why You Should Add UBER Stock to Your Portfolio Now
- Growth in gross bookings and trips has been aiding UBER's prospects.
- 12/05/2024
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Uber and Toast Team to Offer Commission-Free Delivery
- Uber is expanding its partnership with restaurant technology platform Toast. The new integration between Toast Delivery Services and Uber Direct lets U.S. restaurants save on delivery fees and expand their delivery radius, while using Uber's delivery network to provide local delivery on phone orders and ones made via Toast digital ordering channels, the companies said in a Thursday (Dec.
- 12/05/2024
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Calls of the Day: Uber and Apollo Global
- The Investment Committee debate the latest Calls of the Day.
- 12/04/2024
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Final Trades: Uber, Workday, EQT Corp and the IYF
- The Investment Committee give you their top stocks to watch for the second half.
- 12/04/2024
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Is Uber (UBER) a Buy as Wall Street Analysts Look Optimistic?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 12/04/2024
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Instacart initiated with a Hold at Deutsche Bank
- Deutsche Bank initiated coverage of Instacart with a Hold rating and $37 price target. While Instacart deserves an "immense amount of credit" for building itself into a large and profitable grocery delivery platform, the company's fundamentals will be challenged over the next 12-24 months, the analyst tells investors in a research note. The firm believes Instacart's digital grocery share gains are likely to remain muted given affordability challenges. It also expects first-party competitors like Walmart (WMT) and Amazon (AMZN) as well as marketplace competitors like DoorDash (DASH) and Under (UBER) have more flexibility to address affordability challenges and thus drive greater share relative to Instacart.
- 12/03/2024
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3-Stock Lunch: Chipotle, Uber & Oracle
- Nancy Tengler, Laffer Tengler CEO, joins 'Power Lunch' to discuss trades for three stocks.
- 12/02/2024
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Uber launches boat hailing service on Kashmir's scenic Dal Lake
- Uber launched a water transport hailing service on scenic Dal Lake in India's Kashmir region on Monday, offering rides on boats popular with tourists.
- 12/02/2024
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Next-Generation Robotaxi Platform Unveiled, Robotaxi Coming to Uber App
- NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), the world's first publicly traded Robotaxi company and a global leader in the autonomous driving industry, today announced its unaudited results for the third quarter and nine months ended September 30, 2024. Recent Highlights After the successful listing on Nasdaq, the Company continued to make progress towards its long-term strategic objectives in the development of autonomous driving technologies and applications both directly and in partnership with others.
- 11/29/2024
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/29/2024
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1 Glorious Growth Stock to Buy Hand Over Fist Before 2025, According to Wall Street
- Uber Technologies (UBER 0.08%) operates the world's largest ride-hailing platform, but it's also home to its food delivery service, and the Uber Freight commercial logistics network.
- 11/29/2024
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Uber and Bolt unveil women-only service in Paris
- Two rival ride-hailing platforms announced on Thursday options allowing Parisian women to order a car driven by a female driver in a bid to ensure "greater safety" for its customers.
- 11/28/2024
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Uber Cooperates With FTC Investigation of Subscription Cancellation Policies
- The Federal Trade Commission (FTC) reportedly is investigating consumer complaints that Uber Technologies signed them up for Uber One subscriptions without their consent and made it difficult for them to cancel those subscriptions. Uber said it has received inquiries from the FTC and is cooperating with the investigation, Bloomberg reported Wednesday (Nov. 27).
- 11/27/2024
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Uber's subscription service reportedly target of FTC probe
- The Federal Trade Commission is investigating Uber over whether it broke consumer protection laws by allegedly automatically signing people up for its Uber One subscription service and making it hard to cancel, according to Bloomberg News.
- 11/27/2024
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Uber Faces FTC Consumer Protection Investigation
- The FTC is investigating Uber over its Uber One subscription service, following customer complaints of being signed up without consent and difficulty in canceling. Natalie Lung has more on "Bloomberg The Close.
- 11/27/2024
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Evercore ISI's Mark Mahaney on why Amazon and Uber are his top two stock picks
- Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss the latest market trends, state of internet and tech stocks, his top stock picks, and more.
- 11/27/2024
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Move Over, Uber. Billionaire David Tepper Just Raised Appaloosa's Stake in This Other Ride-Hailing Stock By 98%.
- David Tepper is a billionaire hedge fund manager known for founding the Miami-based investment firm Appaloosa Management. Back in September, he sat down for an interview with CNBC during which he expressed an outsized bullish stance on investing in China.
- 11/27/2024
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Uber CFO to Participate in Fireside Chat Hosted by Barclays
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that Prashanth Mahendra-Rajah, CFO, will participate in a fireside chat at the Barclays 22nd Annual Global Technology Conference on Wednesday, December 11. Mr. Mahendra-Rajah is scheduled to appear at 1:20pm PT (4:20pm ET). An audio webcast of the event will be available on the investor relations section of the Uber website at http://investor.uber.com. About Uber Uber's mission is to create opportunity through.
- 11/26/2024
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Uber is building a fleet of gig workers to label data for AI models
- Uber is expanding its fleet of gig workers and creating a new category: AI annotation and data labeling.
- 11/26/2024
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The Zacks Analyst Blog Costco, T-Mobile US, Uber Technologies, SandRidge and Elite Pharmaceuticals
- Costco, T-Mobile US, Uber Technologies, SandRidge and Elite Pharmaceuticals are included in this Analyst Blog.
- 11/26/2024
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It's Hard to Be 'Uber-Bullish' Right Now, Wilson Says
- Mike Wilson, Morgan Stanley chief US equity strategist, says it's hard to be "uber-bullish" right now because there's so much "political angst" in this country. He's on "Bloomberg Surveillance.
- 11/25/2024
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What I Learned Driving For Uber: Nuances And New Investment Insights
- Uber's mobility segment, generating $6.41 billion in Q3 2024, remains the core of its business, driving impressive share-price gains and robust growth post-Covid. My unique perspective as an Uber driver reveals hidden perks and gamification strategies that enhance driver engagement and earnings, supporting sustained growth. Despite macroeconomic challenges, Uber's flexible work options, vehicle incentives, and tax benefits make it a compelling side hustle, ensuring driver supply remains strong.
- 11/25/2024
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Uber Can Provide Decent Value To Investors With A Long-Term View
- Uber's unique combination of Mobility and Delivery services globally sets it apart from competitors like Grab, Didi, and Lyft. Autonomous vehicles are unlikely to present a threat to Uber, as its business model will remain intact even if AVs proliferate. The stock is reasonably valued when assessing opportunities and risks, that's why I rate it a buy.
- 11/23/2024
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Uber may use tech from Chinese autonomous-driving company PonyAI in the U.S.: report
- PonyAI ups the size of its IPO ahead of its U.S. stock-market debut with Uber as a potential investor.
- 11/22/2024
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Friday's big stock stories: What's likely to move the market in the next trading session
- The Dow rose more than 460 points on Thursday as investors bought stocks that are closely tied to the economy. Here's what on CNBC's radar going into Friday.
- 11/21/2024
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Trade Tracker: Brad Gerstner sells Uber
- Brad Gerstner, founder and CEO of Altimeter Capital, joins CNBC's 'Halftime Report' to discuss why he's selling Uber.
- 11/21/2024
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Uber Reportedly Investing in Autonomous Driving Firm Pony.ai
- When autonomous driving firm Pony.ai goes public, Uber reportedly plans to invest. The ride hailing/food delivery company intends to purchase more than $10 million worth of shares in Pony.ai's initial public offering (IPO), which is expected to be priced next week, Bloomberg News reported Thursday (Nov. 21), citing sources familiar with the matter.
- 11/21/2024
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Down -12.82% in 4 Weeks, Here's Why Uber (UBER) Looks Ripe for a Turnaround
- Uber (UBER) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 11/21/2024
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3 Stocks That Could Turn $1,000 into $5,000 by 2030
- These three stocks are reporting rapid growth and have the potential to multiply your portfolio's value.
- 11/21/2024
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Uber launches new rides to capitalize on Thanksgiving travel demand
- Uber Technologies launched "XXL" rides with extra trunk space on Wednesday, betting on increased demand stemming from Thanksgiving holiday travelers, as the ride-hailing company seeks to overcome a slowdown in its mainstay app-based taxi business.
- 11/20/2024
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Joby Aviation Positioned For Air Taxi Leadership, Thanks To FAA Backing And Uber Partnership: Analyst
- Needham analyst Chris Pierce initiated coverage on Joby Aviation, Inc. JOBY at a Buy rating with a price target of $8.
- 11/19/2024
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Uber ‘attractive' as robotaxi threat overstated - analyst
- Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s ridesharing offering is not facing a material threat in the near term despite speculation around the effect of incoming robotaxi services, Jefferies analysts say. Robotaxi fleets will unlikely be able to undercut on pricing, with the rise of automatic driving technologies seen rather as an opportunity for Uber, the bank wrote in a note.
- 11/19/2024
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Uber: Platform Expansion Continues As Autonomous Driving Technology Is Rolled Out
- Uber has a promising growth opportunity as it expands its technology-enabled marketplace horizontally. Uber will make available autonomous driving vehicles on its platform through third parties including Waymo and Cruise. Uber's ability to embrace autonomous driving technologies hinges on the supply dynamics of human drivers and autonomous driving vehicles.
- 11/19/2024
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Tesla (TSLA) Price Prediction and Forecast
- As a serial entrepreneur pushing the technology envelope with spacecraft, satellites, cryptocurrency, and celebrity, Elon Musk defies easy categorization. His appearances on the TV shows Saturday Night Live and The Big Bang Theory personalized his odd sense of humor. Musk is most known as the CEO of Tesla (NASDAQ: TSLA) and its rise to becoming the biggest auto manufacturer by market capitalization was nothing short of amazing. Tesla’s IPO was on June 29, 2010 for $17 per share, or roughly $1 when adjusting for stock splits. To put into perspective how much the company has grown since 2010, a $1,000 investment would be worth $203,244.61 today, based on the current share price of $320.72. Regardless, investors are much more concerned with future stock performance over the next 1, 5, and 10 years. While most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall Street aims to present some farther-looking insights based on Tesla’s own numbers, along with business and market development information that may be of help to our readers’ own research. Key Points In This Article Tesla has managed to thrive and boost earnings and revenues even in high-interest climates. Tesla has continued to generate record revenues in spite of softness in the EV industry due to its vertically integrated expansion into related sectors. Besides EVs, Tesla has a robust and profitable battery and storage division, 6,000 locations, a growing chain of charging stations across the US, and a menu of AI developments large enough to qualify it for analyst inclusion in the AI category. Tesla’s Full Self Driving (FSD) AI-powered driverless cars are getting closer to an actual launch for Tesla’s Robotaxi, which would dramatically impact the transportation industry. For our best market-beating stock tips, check out “The Next NVIDIA”. It includes 3 Top Stock Picks poised to take off from the next breakthroughs in AI. One company is a ‘10X Moonshot’ that could become the dominant software play in AI. Tesla Stock News and Updates 11/18/2024 A recent study by iSeeCars has raised concerns about the safety of Tesla vehicles, particularly the Model Y and Model S. Based on NHTSA data, the research indicates that these models have much higher fatality rates compared to the average car. While Tesla vehicles have been known for their advanced safety features, the recent study suggests that the use of Autopilot and Full-Self Driving systems may lead to great driver distraction, contributing to greater risks on the road. 11/15/2024 Billionaire investor Ron Baron has shared that he believes Tesla could skyrocket to a $5 trillion market cap within the next decade. 11/14/2024 Tesla has issued another recall on its electric cybertruck. This is the sixth recall just this year. The defect could potentially cause a loss of driver power, but the company says they will fix it for free. 11/12/2024 Tesla will be releasing a “2024 Holiday” update that promises to improve driving capabilities and overall vehicle safety for winter. The update aims to address cold weather issues and introduce new features for a positive user experience. 11/11/2024 Tesla’s shares continue to soar and are currently at the highest level the company has seen since April 2022. 11/8/2024 According to recent reports, Elon Musk was part of two important calls made by President-elect Donald Trump this week. Musk allegedly spoke to Ukrainian President Volodymyr Zelenskyy as well as Turkish President Recep Tayyip Erdogan. 11/7/2024 Tesla’s shares continue to ride high following Donald Trump’s victory in the U.S. presidential election. In just five days, the company’s shares have soared 20% to hit a new all-time high of over $298. This added $15 to Elon Musk’s net worth, boosting his fortune to an estimated $280.3 billion. 11/6/2024 Tesla’s stock rose 15% today following the U.S. presidential election. Tesla’s CEO, Elon Musk, has been a public supporter of President Trump and has even campaigned with him recently. 11/5/2024 Elon Musk has openly endorsed former President Donald Trump in the recent presidential election. Investors have expressed concerns as to how Tesla’s stock then, may be affected if Trump does not ultimately return to office. Analysts predict that there may be a short slump in Tesla’s stock, but in the long run, it will remain steady. 11/4/2024 Tesla is building an enormous new Supercharger station in Central California with 168 stalls. This will be one of the largest Supercharger stations in the world. It will be located off Interstate 5 at W. Jayne Avenue. 5 to 10 Year Review Tesla’s Supercharger chain of recharging stations numbered 6,000 as of January 2024, in comparison to DOT’s pathetic 7 at a much higher per station cost. After some messy beginnings, which wound up with Musk taking control of Tesla from founders Martin Eberhard and Marc Tarpenning, Musk spearheaded additional fundraising rounds in order to produce the Tesla Roadster. The Roadster’s initial sales were sufficient market proof for Tesla to go public. Over the past 10 years, the company has grown its top line by 44% and EBITDA by 74%, advocating long-term growth and strong fundamentals. Tesla’s progress would hit the following milestones, leading it into profitability in 2020, and never looking back since. EV: The Model S became the best-selling plug-in electric car in both 2015 and 2016. The mass-market Model 3 sedan would follow, and the Model 3 would become the best-selling electric car from 2018 to 2021. The Model Y mass-market SUV version of the Model 3 would make its debut in 2019, with deliveries commencing in 2020. Energy Storage & Gathering: Entering the energy storage market in 2015, Tesla released its rechargeable Powerwall lithium-ion home storage battery and Megapack in 2019, which was designed for large-scale businesses and utility projects. It acquired SolarCity in 2016 for its battery technology to become a key part of its subsidiary Tesla Energy. Tesla Glass became a subsidiary, specifically for providing the glass roofs supplied with the Model 3 and for Tesla’s Solar Shingle panels for solar energy gathering. Charging Stations: Tesla addressed the dearth of charging stations by establishing its North American Charging Standard (NASC). Now known as SAE J3400, NACS has since been adopted by all EV manufacturers in North America for the sake of uniformity, much like the Universal Serial Bus (USB) for computers. Tesla’s Supercharger networks, which launched in 2012, have since expanded to 6,000 stations with 55,000 chargers worldwide as of the beginning of 2024. Fiscal Year Price Revenues Net Income 2015 $16.00 $4.046B -$888.7M 2016 $14.25 $7.000B -$674.9M 2017 $21.60 $11.759B -$1.962B 2018 $21.18 $21.461B -$976M 2019 $29.53 $24.578B -$862M 2020 $235.23 $31.536B $721M 2021 $352.26 $53.823B $5.519B 2022 $123.18 $81.462B $12.556B 2023 $248.48 $96.773B $14.997B 2024 (LTM) $209.21 $95.318B $12.338B Key Drivers for Tesla’s Future Tesla’s Shanghai gigafactory built EVs are made to compete head-to-head with Chinese EVs from manufacturers like Nio. Tesla’s management is cutting manufacturing costs and improving margins, trending with strong revenue and net income gains since 2020. Its Shanghai, China, and Berlin, Germany gigafactories should help Tesla cut a chunk of export-related red tape and tariffs for forthcoming EVs that will result in lower overseas sticker prices and enhanced sales. Thanks to its R&D with FSD and Robotaxis, Tesla is leading nicely ahead of GM’s Cruise and Alphabet’s Waymo. Chinese companies like Apollo Go and WeRide are viewed as better-equipped Robotaxi competitors, in a field that may explode in the upcoming future. Some analysts believe that the Optimus program has been unfairly judged and that its contributions to Tesla will result in additional revenue boosts. Tesla’s Supercharger, energy, and battery businesses have taken off strongly and further separated it from its EV peers as a company with many more technology irons in the fire. Musk’s further development of Grok and X.AI will ostensibly benefit Tesla with cutting-edge AI tools, keeping its competitive advantage over other automobile rivals trying to incorporate AI into their own cars. EV tariffs, regulations, and shifting geopolitical policies and legislation are factors beyond Tesla’s control that can impact the company as well as the EV industry. Stock Price Prediction for 2025 Tesla’s R&D in large storage batteries extends beyond EV use to be marketed also for utility and other large-scale industrial applications. The consensus 12-month price target for Tesla from over 50 different analysts is $212.00 per share, which would calculate year-over-year growth estimates at -33.90%. The analysts are mixed: 11 of them rated Tesla a “buy”, 5 were “outperform”, 20 were “hold”, 4 were “underperform”, and 7 pessimists gave Tesla a “sell” recommendation. 24/7 Wall Street’s 12-month Tesla price projection is $213.20, which would be a -33.52% loss. The mixed opinions likely stem from the unconventional way that Musk runs not only Tesla, but all of his companies. Fears over the potential for a domino effect, if negative events impact one to cause a spillover effect due to his mercurial temperament, are not unfounded. The latter part of 2024 and 2025 looks to be an exciting period for Tesla. The much ballyhooed Robotaxi unveiling has been bumped to October 2024 (although this can wind up even later in 2024 or early 2025, as Musk is notorious for missing date targets). Additionally, Tesla’s FSD version 12.5 will also make its debut. In order to prime the pump to improve acceptability for its autonomous vehicles, Tesla management has already cut the price of FSD (Supervised) in North America and has launched free trials for interested parties. Additionally, Tesla management gave guidance in its July earnings report that the vehicle volume growth rate in 2024 “may be notably lower than the growth rate” last year. The EV giant added that growth in its energy storage business, driven by the buzz over its new 4680 battery cell, which improves vehicle range and lowers costs, should outpace its automotive segment. That trend will likely reverse and balance out in 2025. Tesla’s Next 5 Years’ Outlook 2026: Tesla is also looking to become a major player in other parts of the world. It will have to compete with firms like Nissan, Ford, General Motors, VW, Toyota, Nio, and Xpeng to either become the leaders or stay at the top of the EV market in these areas. Tesla’s Shanghai and Berlin gigafactories were built in 2018 and 2019 to circumvent tariffs and other import obstacles in China and Europe. It appears that Musk’s vision for mass production automation has become a reality in China, where Shanghai gigafactory automation is reportedly up to 95%, and the Berlin gigafactory is building both Tesla Model-Y EVs and batteries at this time. The two factories should be both at full capacity by 2026. EV output should allow Tesla to avoid Chinese and European tariffs, as well as create enough surplus inventory for export to other countries. In fact, the E.U.’s tariff on Chinese EVs has a discount for Chinese-made Model Y imports. Tesla’s Berlin factory is facing some regional friction over the factory’s effect on the environment, with reports of heavy deforestation and water pollution. Tesla will likely need to rectify matters with the German government before it can ramp up to match the China gigafactory’s projections. Assuming that these issues are resolved, 2026 is expected to see Tesla take a jump to $264.20, a -17.62% loss. 2027: Robotics development became an obvious decision as mass production ramped up, although Tesla’s experience was not without its own minefields. One new creation from its robotics work was the Tesla Bot, dubbed “Optimus”. Musk’s enthusiasm for the potential of Optimus is enormous. He stated in the Q2 2024 report some of the following comments: “I think the long-term value of Optimus will exceed that of everything else that Tesla combined…I suspect that the long-term demand for general-purpose humanoid robots is in excess of 20 billion units. And Tesla is — that has the most advanced humanoid robot in the world, and is also very good at manufacturing, which these other companies are not…my rough estimate long-term market cap is on the order of $5 trillion for — maybe more for autonomous transport, and it’s several times that number for general purpose humanoid robots….It’s a wild — very wild future we’re heading for.” The projected commercialization launch of Optimus will likely be 1 of 2 major breakthroughs for Tesla in 2027. The other will be a push towards an official full-scale Robotaxi production and distribution. ARK Invest’s Cathie Woods believes it will start in 2025, but regulatory obstacles will likely not allow it to fully launch until 2027. As a result, EPS is expected to jump almost 50%. A projected price of $393.60 would be a +129 point gain. 2028-29: Cathie Woods also predicted that as much as 90% of Tesla’s enterprise value and earnings will be attributed to the Robotaxi business by 2028-29. This prediction may anticipate a possibility of Uber and Lyft becoming clients or partners, rather than rivals. Musk’s Supercharger network is crucial to the success of a Robotaxi industry in the U.S. since Secretary of Transportation Pete Buttiigieg has basically spent over $1 billion each on just (7) DOT-built recharging stations to date. This is a huge strategic leverage that Tesla can exercise in its favor. In the same period, battery developments, and lower-cost budget EVs should also see releases. 2028’s price target of $392.50 and 2029 at $400.50. Tesla stock in 2030 If Tesla can navigate successfully though the domestic and international regulatory hurdles, 24.7 Wall Street calculates Tesla stock will see a 124% gain in 5 years. Assuming that Tesla is successful in navigating international expansion and can weather the geopolitical issues, the company may realize sufficient diversification in its robotics, AI, energy, and taxi businesses to reduce its current 84% reliance on EVs for its revenues. With the growth trajectories anticipated from these various operational segments, a 2030 all-time high price of $470.00 is in order. Year Normalized EPS P/E Ratio Projected Stock Price 2025 $3.28 65 $213.20 2026 $4.41 60 $264.60 2027 $6.56 60 $393.60 2028 $7.85 50 $392.50 2029 $8.01 50 $400.50 2030 $9.40 50 $470.00 Get Ready To Retire (Sponsored) Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Here’s how it works: 1. Answer SmartAsset advisor match quiz 2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles. 3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future Get started right here. The post Tesla (TSLA) Price Prediction and Forecast appeared first on 24/7 Wall St..
- 11/19/2024
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Evercore ISI's Mark Mahaney on how self-driving deregulation could impact Uber and Lyft
- Mark Mahaney, Evercore ISI Head of Internet Research, joins 'Fast Money' to talk possible deregulation of self-driving under a Trump administration.
- 11/18/2024
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S&P 500 Gains and Losses Today: Uber Falls as Trump Eyes Looser Self-Driving Rules
- Major U.S. equities indexes were mixed to open the trading week as markets expect Wednesday's quarterly earnings report from semiconductor behemoth Nvidia (NVDA).
- 11/18/2024
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Tesla stock rises, Uber and Lyft fall, after report that Trump might be friendly to self-driving cars
- Shares in Tesla, Inc. (Nasdaq: TSLA) are rising in premarket trading this morning after reports that President-elect Donald Trump's transition team wants to make a federal framework for fully self-driving cars a top priority for the Department of Transportation (DOT).
- 11/18/2024
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3-Stock Lunch: Nike, CVS Health & Uber
- Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss stock plays for three stocks.
- 11/18/2024
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Buy 5 U.S. Bigwigs on the Dip for Sparkling Returns in the Short Term
- Five stocks currently available at attractive valuations after sizeable corrections in prices are: PFE, NEM, UBER, ADBE, QCOM.
- 11/18/2024
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Uber and Lyft unintentionally sent gig workers' SSN numbers to social media companies, researchers report
- When a person applies to work for Uber or Lyft they must fill out several online forms detailing important information, including their date of birth and their driver's license.
- 11/18/2024
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Uber, Lyft Fall On Report Trump Will Ease Self-Driving Rules
- Uber stock and shares of rival Lyft fell after report that Donald Trump will ease rules for self-driving cars, likely boosting Tesla. The post Uber, Lyft Fall On Report Trump Will Ease Self-Driving Rules appeared first on Investor's Business Daily.
- 11/18/2024
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Brokers Suggest Investing in Uber (UBER): Read This Before Placing a Bet
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 11/18/2024
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Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 11/18/2024
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Top Wall Street analysts are upbeat on these stocks for the long haul
- TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Amazon and Uber Technologies.
- 11/17/2024
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The Best Stocks to Invest $50,000 In Right Now
- The Best Stocks to Invest $50,000 In Right Now
- 11/17/2024
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Billionaires Are Buying Up This Millionaire-Maker Stock
- Uber is attracting the attention of some uber-wealthy investors.
- 11/16/2024
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Tesla To Partner With Lyft, Uber? Analyst Has 'Rising Conviction' For Future Partnership
- Tesla Inc TSLA analysts Tom Narayan and Brad Erickson highlight the company's potential with FSD and robotaxis and also share thoughts on whether the electric vehicle giant could work with Uber Technologies UBER and Lyft Inc LYFT instead of competing against them.
- 11/15/2024
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Tesla is new pick for Daniel Loeb's Third Point, as hedge fund ditches Uber
- Out with Uber, in with Tesla for Daniel Loeb's Third Point.
- 11/14/2024
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Uber rival Bolt's annual revenue hits 2 billion euros
- Estonian ride-hailing and food delivery startup Bolt said on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue, as the European rival of U.S.-based Uber grows its global presence and prepares to go public.
- 11/14/2024
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Inside Uber's Double-Digit Growth Engine
- Uber's Monthly Active Platform Consumers (MAPCs) reached 161 million in Q3 2024, growing 32% from Q2 2022, signaling robust user expansion. Mobility segment bookings hit $21 billion in Q3 2024, nearly doubling in two years, showing strong core business stability. Delivery segment bookings rose to $18.66 billion in Q3 2024, with a YoY growth increase from 12% to 17%, reflecting demand.
- 11/13/2024
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The Zacks Analyst Blog Amazon, KLA, Newmont, Uber Technologies and S&P Global
- Amazon, KLA, Newmont, Uber Technologies and S&P Global are included in this Analyst Blog.
- 11/13/2024
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Uber: These Are The Long-Term, Secular And Durable Tailwinds That Make It A Buy
- Ridesharing companies like Uber are poised for long-term growth due to slowing growth in vehicle ownership, rising vehicle costs, and declining vehicle usage. Vehicle ownership growth is plateauing in the United States, with rising costs making personal vehicles less economical, especially in urban areas. The shift to remote work reduces commuting needs, further diminishing the necessity for personal vehicle ownership.
- 11/13/2024
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5 U.S. Corporate Behemoths to Buy as Short-Term Momentum Plays
- We have narrowed our search to five large-cap momentum stocks. These are: AMZN, NEM, KLAC, UBER, SPGI.
- 11/12/2024
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Uber Q3 Earnings: Reaction Overdone, But Landscape More Competitive
- Uber posted strong Q3 results, beating both top- and bottom-line estimates, with significant growth in adjusted EBITDA and free cash flows. Despite a slight miss in Q4 gross bookings guidance, Uber's consistent track record of exceeding its own guidance suggests an overreaction in the market. Competitive threats from Lyft-DoorDash partnership and potential Tesla Cybercab release are emerging, and investors need to be wary.
- 11/12/2024
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Craveable Groceries, Delivered: Stew Leonard's Now Available on Uber Eats
- SAN FRANCISCO , Nov. 12, 2024 /PRNewswire/ -- Uber Eats (NYSE: UBER) is excited to announce a new partnership with Stew Leonard's, the family-owned and operated farm fresh food store renowned for its exceptional quality and unique shopping experience. Now, from everyday items to exclusive cult-favorites, customers can enjoy the convenience of having their favorite Stew Leonard's products delivered right to their doorstep.
- 11/12/2024
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Tuesday's big stock stories: What's likely to move the market in the next trading session
- The postelection rally is charging ahead. Both the Dow and S&P 500 closed at record highs, while bitcoin logged eye-popping gains to trade above $88,000.
- 11/11/2024
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Uber: Buy The Drop (Technical Analysis) (Rating Upgrade)
- Uber Technologies, Inc. has shown impressive gains since August 5th, 2024, driven by strong quarterly earnings and revenue growth. The company reported earnings of $1.20 per share in Q3, surpassing consensus estimates by 192.68%, and revenue of $11.19 billion, indicating 20% annualized growth. Uber's forward PE ratio is 25.2x, higher than Lyft but lower than DoorDash and Tesla, making it relatively attractive based on price-book value.
- 11/11/2024
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Zacks Industry Outlook Shopify, Alphabet and Uber
- Shopify, Alphabet and Uber have been highlighted in this Industry Outlook article.
- 11/11/2024
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3 Stocks Poised for a Breakout
- All 3 stocks are high on my watchlist.
- 11/09/2024
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Internet Services Industry Is Hot: Buy SHOP, GOOGL, UBER
- The Internet Services Industry looks very attractive now based on a strong growth outlook, falling interest rates and attractive valuation. Our bets are on Shopify, Alphabet and Uber.
- 11/08/2024
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Trade Tracker: Bryn Talkington buys Uber
- Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to discuss why she's buying the ride sharing company.
- 11/08/2024
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Uber Q3 2024: One-Time Speed Bump; Super App Ambition Unshaken
- Uber's Q3 booking metrics missed expectations, but this presents a buying opportunity as the market overreacted, similar to Q2. UBER's path to becoming a global super app remains intact, with strong growth in key metrics and Uber One adoption illustrating platform stickiness. Potential expansion into hotel and travel services could enhance margins and user stickiness, leveraging synergies with Expedia.
- 11/08/2024
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Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'
- Shares of Lyft Inc LYFT were climbing in early trading on Thursday, after the company reported upbeat third-quarter results.
- 11/07/2024
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Massachusetts becomes first state to allow Uber, Lyft drivers to unionize
- The Massachusetts vote was the latest front in a years-long battle over whether ride-share drivers should be considered to be independent contractors or employees entitled to benefits and wage protections.
- 11/06/2024
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Uber and Lyft Drivers in Massachusetts Win Right to Unionize
- A state ballot measure was the first of its kind in the United States, but labor advocates worry it could lock Uber and Lyft drivers out of full-time employment status.
- 11/06/2024
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Massachusetts voters allow Uber, Lyft drivers to unionize
- Massachusetts voters on Tuesday approved a ballot measure that would allow ride-share drivers to unionize, becoming the first U.S. state to allow drivers for app-based companies like Uber and Lyft to do so.
- 11/06/2024
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The Discounted Gift That Keeps On Giving: Maintaining Uber With A Buy
- Uber's stock plunged ~9% after earnings, and I think the stock is even attractive at current levels for mid-to-long-term investors. Uber's focus on geographic expansion, affordability, and capital allocation in less densely populated markets positions it well for future growth and share gains. While it's too soon to tell, I'm watching Uber's strides in the AV market for the long term.
- 11/05/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 11/05/2024
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Attention, Growth Investors: These 3 Artificial Intelligence (AI) Stocks Should Be on Your Radar
- These growth names are likely to continue moving higher well into the new year.
- 11/05/2024
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Uber's Real Threat Isn't From Robots
- The ride-hailing pioneer is contending with slowing bookings growth, rising insurance costs and an alliance between DoorDash and Lyft.
- 11/05/2024
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Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
- Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. According to a Monday (Nov.
- 11/04/2024
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Uber asks NYC to cut minimum driver pay as price of used cars, gasoline drops
- Uber said the pay should be slashed because gas and used car prices have fallen.
- 11/04/2024
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Expedia chairman Barry Diller on potential deal with Uber and Washington Post's ‘blunder'
- Expedia chairman Barry Diller told CNBC on Monday that a rumored acquisition of Uber is “just not going to happen.
- 11/04/2024
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Should You Bet on UBER Stock Following Q3 Earnings Beat?
- The slowdown in gross bookings at UBER is a prime cause for concern.
- 11/04/2024
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Don't Overlook Uber (UBER) International Revenue Trends While Assessing the Stock
- Review Uber's (UBER) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
- 11/04/2024
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Barry Diller on potential Uber-Expedia deal: It's not going to happen
- Barry Diller, IAC and Expedia chairman and senior executive, joins 'Squawk Box' to discuss the state of the 2024 election, his support for Vice President Kamala Harris, his thoughts on Elon Musk, Uber's potential acquisition of Expedia, media landscape, and more.
- 11/04/2024
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History Says the S&P 500 Could Jump in November: 2 No-Brainer Stocks to Buy With $100 Right Now
- Strong competitive positions make Shopify and Uber no-brainer buys in November.
- 11/03/2024
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Uber is transitioning into a 'software company': Investor
- Uber (UBER) reported third quarter results, beating Wall Street expectations on both revenue and earnings. The rideshare platform posted revenue of $11.19 billion, surpassing estimates of $10.99 billion.
- 11/02/2024
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UBER vs TSLA vs Waymo: Who Will Drive the Autonomous Future?
- Uber Technologies (UBER) sold off on Thursday after earnings, which Emil Michael calls "surprising." His reasoning for the reaction was Tesla's (TSLA) clearer roadmap for its self-driving cybercab.
- 11/01/2024
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Calls of the Day: Berkshire Hathaway, Citigroup, Visa and Uber
- The Investment Committee debate the latest Calls Of The Day.
- 11/01/2024
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Final Trades: Uber, Nvidia and Meta
- The Investment Committee give you their top stocks to watch for the second half.
- 11/01/2024
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Uber's Q3 Review: Analysts See Opportunity Amid Growth Slowdown, Strong Margins, And Expanding Autonomous Vehicle Partnerships
- Multiple analysts rerated Uber Technologies, Inc UBER after Thursday's quarterly print amid an exciting earnings season.
- 11/01/2024
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Wall Street Bulls Look Optimistic About Uber (UBER): Should You Buy?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 11/01/2024
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Uber's post-earnings stock move is 'overdone': Analyst
- Uber (UBER) published its third quarter results Thursday, topping analyst expectations on both revenue and earnings. The rideshare platform reported revenue of $11.19 billion, above the estimated $10.99 billion.
- 10/31/2024
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Evercore ISI's Mark Mahaney says, he'd buy the dip in Uber
- Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell' to discuss Amazon ahead of earnings.
- 10/31/2024
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Uber One Memberships Jump 78% as Company Eyes Non-City Growth
- Uber is looking beyond major cities for growth amid a jump in its membership program. The ride hailing/delivery company released quarterly earnings Thursday (Oct. 31) showing that its Uber One program now has more than 25 million members, a 70% increase year over year.
- 10/31/2024
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3-Stock Lunch: Microsoft, Uber & Roblox
- Aadil Zaman, The Wall Street Alliance Group partner, joins 'Power Lunch' to discuss stock plays for three stocks.
- 10/31/2024
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Nasdaq Down 500 Points; Uber Shares Dip After Q3 Results
- U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dipping around 500 points on Thursday.
- 10/31/2024
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UBER Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y
- UBER's third-quarter 2024 earnings and revenues improve year over year.
- 10/31/2024
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UBER "Exactly the Type of Company We Want to Bet On"
- @LikeFolio's Andy Swan says Wall Street got the reaction wrong to Uber Technologies' (UBER) earnings. He points to factors that he believes keeps Uber in the driver's seat of the rideshare industry despite spending pressures on the consumer.
- 10/31/2024
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Chart of the Day: Uber
- Josh Brown's holding, Joe Terranova's sold it. Catch today's debate on the #ChartOfTheDay!
- 10/31/2024
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Uber shares plunge 11% as slowing bookings growth spooks investors
- Bookings growth, a key measure of ridership for online taxi operators, slowed to a more than one-year low in the third quarter and also fell short of analysts' forecasts.
- 10/31/2024
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Is Uber Stock a Buy, Hold or Sell After Earnings?
- Uber stock is sinking Thursday after the ride-hailing firm came up short of a key Q3 metric, but analysts have yet to adjust their ratings. Here's what you need to know.
- 10/31/2024
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Uber slumps after better earnings clouded by bookings slowdown
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) slumped more than 11% on Thursday after expectation-beating earnings and revenue failed to overshadow disappointing gross booking figures. Revenue climbed by 20% to $11.2 billion in the third quarter, aiding a jump in diluted earnings per share from $0.10 to $1.20, Uber reported on Thursday.
- 10/31/2024
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Uber Technologies, Inc. (UBER) Q3 2024 Earnings Call Transcript
- Uber Technologies, Inc. (NYSE:UBER ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Dara Khosrowshahi - CEO Prashanth Mahendra-Rajah - CFO Deepa Subramanian - VP, IR Conference Call Participants Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Doug Anmuth - JPMorgan Justin Post - Bank of America Merrill Lynch Mark Mahaney - Evercore Ron Josey - Citi Nikhil Devnani - Bernstein Ross Sandler - Barclays Benjamin Black - Deutsche Bank Operator Hello, and welcome to the Uber Third Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Deepa Subramanian, Vice President, Investor Relations.
- 10/31/2024
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Uber drops after its bookings results and forecast fail to impress
- Uber's stock fell Thursday after the ride-share company reported mixed third-quarter results. Gross bookings, or the dollar value of rides and deliveries, came in slightly below expectations.
- 10/31/2024
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Uber Has a Bigger Worry Than Tesla's Robotaxis. What's Driving the Stock Down.
- Uber stock is slipping with the focus on whether it is running out of new customers and if existing ones will become more cautious on spending.
- 10/31/2024
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UBER Drops Off, DASH Posts First Profit, SBUX's Pending Changes
- Uber Technologies (UBER) reported an earnings beat but investors have an issue with its bookings outlook. A rising competitor in DoorDash (DASH) posted its first-ever profit.
- 10/31/2024
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Uber Stock Stumbles After Dismal Bookings Figures
- Uber Technologies Inc (NYSE:UBER) stock is 9.3% lower at $72.03 after earnings.
- 10/31/2024
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Uber (UBER) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Uber (UBER) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 10/31/2024
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Uber Stock Plunges as Q3 Bookings Disappoint
- Uber Technologies (UBER) shares are dropping in premarket trading Thursday, as the ride-hailing giant posted weaker-than-expected gross bookings in the third quarter.
- 10/31/2024
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Uber's Q3 Revenue Surges as Mobility Booms; Comcast's Olympic Gains Fuel Growth
- Uber's mobility revenue rose 26%, boosting Q3 results. Comcast saw Peacock subscribers surge from Olympics; Peloton and Merck raised yearly outlooks.
- 10/31/2024
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Uber Technologies (UBER) Beats Q3 Earnings and Revenue Estimates
- Uber Technologies (UBER) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.10 per share a year ago.
- 10/31/2024
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Uber Bull Calls Grow Ahead of Earnings After Tesla's Robotaxi Event Underwhelmed
- Uber Technologies (UBER) will report earnings for the third quarter before the opening bell on Thursday, with the ridesharing giant expected to report a substantial rise in profits and revenue from the same time last year.
- 10/29/2024
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Uber Eats Now Accepting SNAP EBT Nationwide With Albertsons Companies, Walgreens
- SAN FRANCISCO , Oct. 29, 2024 /PRNewswire/ -- Uber Eats (NYSE:UBER) today announced the arrival of a new initiative to expand access to more nutritious food for millions of Americans. Available now, Uber Eats is accepting SNAP (Supplemental Nutrition Assistance Program) EBT (Electronic Benefits Transfer) payments, starting with the regional grocery banners Albertsons, Safeway, Jewel-Osco and Vons as well as Walgreens locations nationwide and Duane Reade stores exclusively in New York.
- 10/29/2024
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UBER Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?
- UBER's third-quarter performance is likely to have benefitted from upbeat gross bookings. Total trips are expected to have increased y/y in Q3.
- 10/28/2024
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Nvidia and Uber Invested in This Small Artificial Intelligence (AI) Robotics Company. Should You?
- Serve Robotics' stock soared after Nvidia's stake in the company was revealed.
- 10/28/2024
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Exploring Analyst Estimates for Uber (UBER) Q3 Earnings, Beyond Revenue and EPS
- Evaluate the expected performance of Uber (UBER) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 10/28/2024
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Uber Q3 Preview: Expect Updates On Autonomous Market And Expedia Deal
- Uber is focusing on autonomous vehicles to drive future growth, expanding its total addressable market in Mobility and Delivery segments. Uber's Delivery segment is a key growth driver, contributing significantly to the company's consolidated adjusted EBITDA. Management's strategic partnerships and investments in AVs are expected to enhance platform dynamics and reduce costs, benefiting high-income, younger users.
- 10/27/2024
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Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 10/25/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/25/2024
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Uber Technologies (UBER) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Uber (UBER) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/24/2024
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Uber Analyst Bets New Verticals, Partnerships Will Drive Q3 Gains
- Uber Technologies Inc‘s UBER third-quarter earnings, expected to be released on Oct. 31, are projected to exceed Street estimates slightly.
- 10/23/2024
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Calls of the Day: TJX Companies, Oracle, Uber, Paccar and Disney
- The Investment Committee debate the latest Calls Of The Day.
- 10/23/2024
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Here's Why Uber Technologies (UBER) Fell More Than Broader Market
- Uber Technologies (UBER) closed the most recent trading day at $80.41, moving -0.06% from the previous trading session.
- 10/22/2024
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Uber's CEO Says Drivers Will Adapt To Automation
- Uber CEO Dara Khosrowshahi says drivers will take on new tasks as automated vehicles join the platform. More on Bloomberg Television and Markets Like this video?
- 10/22/2024
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Uber's (UBER) Acquisition Doesn't Make Any Sense
- [00:00:00] Doug McIntyre: Uber (Nasdaq: UBER) is thinking about buying Expedia (Nasdaq: EXPE).
- 10/22/2024
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Uber Health Partners with NationsBenefits to Unlock Rides and Grocery Benefits for Millions
- Partnership further expands opportunity for Medicare Advantage members to use health benefit cards on Uber Partnership further expands opportunity for Medicare Advantage members to use health benefit cards on Uber
- 10/21/2024
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Why Uber Technologies (UBER) is a Top Momentum Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 10/21/2024
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Is Uber the Real Winner After Tesla's 'We, Robot' Flop?
- Tesla Inc. NASDAQ: TSLA presented its much-anticipated 'We, Robot' robotaxi event in mid-October, but investors left with more questions than answers. The EV maker saw its shares drop by 8% the day after the unveiling as analysts criticized a lack of detail in timelines and other information surrounding a future rollout of additional autonomous vehicles and related services.
- 10/21/2024
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Buy 3 Non "Mag 7" Tech Giants With Solid Upside Ahead of Q3 Earnings
- We recommend three technology bigwigs set to report earnings results this month. These are: CDNS, UBER, ONTO.
- 10/21/2024
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Uber stock surged to ATH: Will Grab Holdings do the same?
- Uber Technologies (UBER) stock has done well this year, surging by over 28% and reaching its all-time high. It has risen by 146% in the past five years, giving it a market cap of $166 billion, making it the biggest mobility company in the world.
- 10/19/2024
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Uber likely focused on core growth drivers, analysts say, amid Expedia takeover rumors
- Reports that ride-hailing app Uber Technologies Inc (NYSE:UBER, ETR:UT8) is exploring the potential acquisition of travel platform Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) have come as a "somewhat surprise" to analysts at Citi. The Financial Times first reported on Thursday that Uber is exploring a takeover bid for Expedia, with talks in the early stages.
- 10/18/2024
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Uber bookings may lack 'synergy' with travel planning: Analyst
- Uber (UBER) is reportedly exploring a takeover bid for travel booking platform Expedia Group (EXPE) — which owns and operates sites like Trivago, Orbitz, and Vrbo — according to the Financial Times. Uber CEO Dara Khosrowshahi served as Expedia's chief executive and president between 2005 to 2017, and still holds a non-executive seat on the company's board.
- 10/18/2024
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Bradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expanding
- Bradley Tusk, Tusk Ventures CEO, joins 'Squawk Box' to discuss news of Uber considering a bid for travel booking company Expedia, antitrust concerns, impact of the 2024 election on the possible deal, and more.
- 10/18/2024
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3-Stock Lunch: Uber, Netflix & Travelers
- Jerry Castellini, CastleArk Management president, joins 'Power Lunch' to discuss stock plays for three stocks.
- 10/17/2024
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Uber is not engaged in active talks to acquire Expedia
- CNBC's Deirdre Bosa joins 'The Exchange' to report on news from Uber and Expedia.
- 10/17/2024
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UBER's Possible Bid for EXPE "Makes Sense" for Expansion
- The Financial Times reported that Uber Technologies (UBER) is considering buying Expedia (EXPE). Ivan Feinseth believes the potential merger can work for Uber in ways it wouldn't for similar rideshare and delivery companies.
- 10/17/2024
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Uber's potential bid for Expedia is the latest example of Dara Khosrowshahi's 'super app' vision
- Uber considered making a bid for travel website Expedia, The Financial Times reported on Wednesday. The potential deal would take Uber closer to "super app" status, according to one analyst.
- 10/17/2024
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Uber reportedly weighed buying Expedia. Analysts have reservations.
- Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform. But on Thursday, Wall Street analysts were more cautious.
- 10/17/2024
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Expedia shares jump on report that Uber held talks for takeover bid of travel booking giant
- The talks were in early stages and it is unclear whether an acquisition will take place since Uber has not formally approached Expedia, three people familiar with the process told the Financial Times.
- 10/17/2024
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Uber not in active bid talks with Expedia
- CNBC's Deirdre Bosa reports on news from Uber and Expedia.
- 10/17/2024
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CSX, ELV Earnings Plunge, UBER Considers EXPE Bid
- Investor confidence in CSX Corporation (CSX) derailed after the company reported an earnings miss, citing issues with hurricane season. Elevance Health (ELV) beat on revenue but appears to have plunged over Medicaid-related challenges.
- 10/17/2024
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Uber has discussed a bid for travel booking company Expedia
- Uber has discussed a potential acquisition of the travel booking company Expedia, CNBC confirmed. The talks were in early stages, and it's not clear if a deal will take place.
- 10/17/2024
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This Uber Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 10/17/2024
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Acquiring Expedia would be a 'major strategic home run' for Uber, says Wedbush's Dan Ives
- Dan Ives, Wedbush Securities managing partner, joins 'Squawk Box' to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more.
- 10/17/2024
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Expedia stock jumps on report that Uber explored a takeover of the travel platform
- Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday. Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported.
- 10/17/2024
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Uber Reportedly Weighed Buying Expedia to Bolster Super App Status
- Uber has reportedly considered acquiring Expedia to strengthen its ongoing diversification. That's according to a report Wednesday (Oct. 16) by the Financial Times (FT) which notes that purchasing the $19 billion travel booking website would mark Uber's largest acquisition ever.
- 10/17/2024
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Expedia Stock Rises on Report of Uber's Interest. The Case for a Deal.
- Buying the online travel company would open up more routes to growth for Uber, by unlocking the possibility of a so-called super app.
- 10/17/2024
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Uber reportedly explored buying Expedia: here's why it could be an undervalued gem for investors
- After a challenging year, Expedia Group is showing signs of recovery that could make it an appealing choice for investors, with added momentum from recent speculation that Uber Technologies is exploring a potential acquisition of the online travel giant.
- 10/17/2024
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Expedia stock jumps on report of acquisition interest by Uber
- Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.
- 10/16/2024
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Uber Mulls Expedia Takeover Bid: FT
- Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO.
- 10/16/2024
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Report: Uber considered potential acquisition of Seattle travel giant Expedia
- A new report from the Financial Times reveals that Uber has explored a potential bid for Seattle-based travel giant Expedia Group.
- 10/16/2024
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Uber Technologies (UBER) Stock Declines While Market Improves: Some Information for Investors
- In the latest trading session, Uber Technologies (UBER) closed at $81.90, marking a -1.56% move from the previous day.
- 10/16/2024
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Uber: The Big Winner Of Tesla's 'We, Robot' Flop
- The significant divergence in stock performance between Uber and Tesla following Tesla's 'We, Robot' event highlights investor sentiment regarding the progress and viability of autonomous driving technology. Uber's shares surged almost 11%, indicating growing investor confidence in the company's current business model amidst the slower-than-expected progress in autonomous driving. Uber can continue to capitalize on its existing, booming operations without the pressing need to pivot or compete directly with self-driving technology.
- 10/16/2024
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Trading Near All-Time High, Why UBER Stock is Still Worth Buying Now
- Given the optimism surrounding UBER stock, we assess its investment worthiness at current levels.
- 10/16/2024
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Nvidia-Backed Robot Maker to Deliver Food for Uber Eats
- Serve Robotics unveiled third-generation autonomous delivery robots that will used by Uber Eats in 2025.
- 10/16/2024
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Time for Uber-Lyft ETFs After Tesla's Unimpressive Robotaxi Event?
- Lack of specific plans in Tesla's robotaxi event boosted competitor Uber's stock by a great magnitude on Oct. 11, 2024.
- 10/15/2024
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Are You Looking for a Top Momentum Pick? Why Uber Technologies (UBER) is a Great Choice
- Does Uber Technologies (UBER) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/15/2024
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Uber CEO says competing with Elon Musk is 'no easy matter' — and would love to partner with Tesla on robotaxis
- Uber CEO Dara Khosrowshahi told the Financial Times that competing with Elon Musk is not easy. He said he would "love" to get Tesla's robotaxis on the Uber platform when it's ready to roll out.
- 10/15/2024
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Watch These Uber Price Levels as Stock Near Record High After Tesla's Robotaxi Reveal
- Shares in Uber Technologies (UBER) lost ground Monday but were still near record highs after investors saw little threat to rideshare companies from Tesla's (TSLA) highly anticipated robotaxi unveiling last week.
- 10/14/2024
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Dow Jones Banking Giant JPMorgan, Uber Stock In Or Near Buy Zones
- Dow Jones banking giant JPMorgan, along with Uber stock and Broadcom, are in or near new buy zones on the stock market today.
- 10/14/2024
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Is It Worth Investing in Uber (UBER) Based on Wall Street's Bullish Views?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 10/14/2024
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
- 10/14/2024
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/14/2024
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Was Uber Really the Winner From Tesla's Robotaxi Event?
- Uber shares jumped based on the event, but a showdown is coming.
- 10/14/2024
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Uber (UBER) Moves 10.8% Higher: Will This Strength Last?
- Uber (UBER) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
- 10/14/2024
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CE 100 Index Gains 1.7% as JPMorgan Leads Banks Higher
- Earnings season is here — as always, led by the banks, and the banks led the CE 100 Index 1.7% higher through the past week. As a group, the banks were up 4.4%, and only two pillars, including the “Live” and “Have Fun” segments, showed slight losses.
- 10/14/2024
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Uber stock price forecast: is it too late to buy?
- Uber Technologies (UBER) stock price went parabolic last week, soaring to a record high of $86 as investors focused on Tesla's robotaxi event. It has been one of the best-performing companies this year as its stock has jumped by over 40%.
- 10/13/2024
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AI predicts UBER stock price for end of 2024
- Uber Technologies Inc. (NYSE: UBER) saw its stock surge by 10.81% on Friday, closing at $86.34. This unexpected rise followed Tesla's (NASDAQ: TSLA) much-anticipated robotaxi reveal, which had initially raised concerns among investors about potential competition in the ride-hailing business.
- 10/12/2024
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Tesla Leaves Uber Plenty of Road
- Elon Musk's brief Cybercab unveiling doesn't hurt the case for the ride-booking operator's key role in the robotaxi business.
- 10/12/2024
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Uber hits all-time high after lackluster Tesla robotaxi event
- To get the latest market news check out finance.yahoo.com Shares of the ride-hailing company Uber (UBER) and its chief rival, Lyft (LYFT), both rose more than 10% Friday afternoon, with Uber reaching record levels as investors appeared unimpressed with Tesla's robotaxi unveiling. Tesla has envisioned a fleet of driverless taxis that users could summon on their phones, which could pose new competition to the app-based transportation platforms.
- 10/11/2024
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S&P 500 Gains and Losses Today: Uber Rises, Tesla Falls After Robotaxi Event
- Major U.S. equities indexes ticked higher during the week's final trading session as the latest Producer Price Index (PPI) data showed wholesale prices remained flat in September after rising 0.2% in the previous month.
- 10/11/2024
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Uber, Lyft avoided millions in pay by locking NYC drivers out of apps: report
- Rideshare app drivers have been getting locked out of the two apps – with messages that flash “unable to go online” or tell drivers to go to a busier location – for minutes or hours at a time.
- 10/11/2024
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3-Stock Lunch: Tesla, Uber & Netflix
- David Wagner, Aptus Capital Advisors portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks
- 10/11/2024
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Uber Analysts Unfazed By Tesla's CyberCab Reveal, Eye Stronger AV Position
- Tesla Inc's TSLA recent "We, Robot" event, which showcased the CyberCab and RoboVan, left many wondering how it might impact the rideshare space.
- 10/11/2024
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Why Uber Stock Hit an All-Time High After Tesla's Robotaxi Rollout
- Shares of Uber Technologies (UBER) jumped to a record high on Friday after Tesla's (TSLA) much-anticipated robotaxi launch event failed to live up to ridesharing investors' fears.
- 10/11/2024
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Stock Of The Day: Can Uber's Breakout Fuel A New Ride Higher?
- Tesla's Robotaxi Day could impact Uber Technologies, Inc.‘s UBER stock performance and long-term valuation, as analysts see potential gains in Uber's network value from a growing autonomous vehicle market.
- 10/11/2024
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Chart of the Day: Tesla and Uber
- The Investment Committee's Bryn Talkington reveals the best and worst stocks in today's Chart Of The Day.
- 10/11/2024
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Ridesharing giants Uber, Lyft jump after Tesla's 'toothless taxi' fails to excite investors
- Tesla's hyped robotaxi unveiling posed a threat to Uber's ride-sharing aspirations, but it's turned into a boon for the stock instead.
- 10/11/2024
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Uber and Lyft's Million Dollar Lockout Loophole
- Natalie Lung, Bloomberg Tech Reporter joins Bloomberg Intelligence to discuss the Big Take's recent story on how NYC's unique pay formula created an incentive for Uber and Lyft to prevent drivers from logging on, even during periods of high demand. -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
- 10/11/2024
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Uber shares ride high after Tesla Robotaxi event
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) shares reached an all-time high on Friday following Tesla's much-anticipated robotaxi event held last night. According to Jefferies analysts, the ridesharing platform is poised for growth despite competition from Tesla Inc (NASDAQ:TSLA)'s robotaxi initiatives.
- 10/11/2024
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Uber: Don't Miss The Next Drive
- Uber's strong network effects and potential savings from autonomous vehicles make it an attractive investment, with a projected 32% stock increase to $104 per share. Uber's platform benefits from a two-sided network effect, enhancing user experience and profitability as the number of users and drivers grows. The Robotaxi opportunity could significantly reduce Uber's labor costs, improving margins and mitigating regulatory risks, with estimated savings of 15% to 30%.
- 10/11/2024
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Uber rises after underwhelming Tesla robotaxi event
- CNBC's Deirdre Bosa joins 'Money Movers' to report on the public's skepticism in the self-driving capabilities of robotaxis.
- 10/11/2024
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Top 2 Industrials Stocks That May Crash In Q4
- As of Oct. 11, 2024, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 10/11/2024
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Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks.
- None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
- 10/11/2024
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Why Uber, Lyft Shares Are Speeding Up In Friday's Premarket
- Ride-hailing companies Uber Technologies, Inc. UBER and Lyft, Inc. LYFT are rising in premarket trading on Friday.
- 10/11/2024
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The S&P 500 Usually Goes Up in the 4th Quarter: 2 Stocks to Buy Now That Are Highly Rated by Wall Street
- Holiday cheer typically sends the stock market higher in the fourth quarter.
- 10/11/2024
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Tesla's Robotaxi is set to bring new competition to Uber and Lyft
- Tesla is expected to unveil a new service at its Robotaxi event that will impact Uber and Lyft. Tesla could offer incentives to drivers and lower their costs, challenging Uber's market share.
- 10/10/2024
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Uber Vs. Tesla? Maybe Not — Analysts Say Autonomous Vehicles 'Will Be Market Expanding'
- A Tesla Inc. TSLA Robotaxi Day event could significantly impact Uber Technolo gies UBER stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla's event could benefit Uber's long-term growth and boost the valuation of the autonomous vehicle sector.
- 10/09/2024
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Uber 'Well Positioned' Despite Tesla Robotaxi Threat, Analyst Says
- As Tesla Inc TSLA gears up for its highly anticipated Robotaxi event on Oct. 10, the rideshare market is bracing for disruption. Tesla's event, expected to reveal a low-cost, fully autonomous vehicle (AV), has sparked concern among investors, particularly for companies like Uber Technologies Inc UBER and Lyft Inc LYFT.
- 10/09/2024
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Calls of the Day: American Express, Uber and Qualcomm
- The Investment Committee debate the latest Calls Of The Day.
- 10/08/2024
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Uber (UBER) Unveils AI Assistant to Boost Electric Vehicle Shift
- Uber (UBER, Financial) is set to introduce an AI assistant powered by OpenAI technology to aid drivers in transitioning to electric vehicles (EVs). This initiative is part of Uber's commitment to reducing emissions and supports its extensive push toward an all-electric fleet by 2040, backed by an $800 million investment.
- 10/08/2024
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Save A Lot Partners with Fabric and Uber for Automated, Low Priced Delivery of Everyday Grocery Essentials in New York City
- NEW YORK & ST. LOUIS--(BUSINESS WIRE)--Save A Lot, one of the largest discount grocery chains in the U.S., and Fabric, a leading provider of advanced fulfillment automation solutions, today announced a new partnership to provide innovative fulfillment solutions for on-demand grocery delivery with the opening of a Brooklyn-based micro fulfillment center. This collaboration combines Fabric's automation with Save A Lot's affordable grocery essentials to enhance convenience for value-conscious cons.
- 10/08/2024
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Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric
- Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to lower emissions.
- 10/08/2024
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Uber gives users option to only hail full-electric vehicles, launches AI chatbot for the EV-curious
- Uber is updating its platform with new sustainability-minded features, including an "EV preference" that will let customers opt for fully electric vehicles by default, whenever they hail a ride. On the delivery side of its platform, the company is adding farmers' market produce to Uber Eats offerings in two major U.S. markets: New York City and Los Angeles.
- 10/08/2024
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Uber to launch OpenAI-powered AI assistant to answer driver EV questions
- Uber is continuing its push to bring more electric vehicles onto the ride-hail and delivery platform, and it thinks giving drivers a chatbot to answer all their EV questions will help. Starting early 2025, Uber will launch an AI assistant for drivers in the U.S. powered by OpenAI's GPT-4o.
- 10/08/2024
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Uber Announces Date of Third Quarter 2024 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2024 financial results on Thursday, October 31st, at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends.
- 10/07/2024
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Supreme Court Won't Hear Uber and Lyft Gig Worker Appeal
- Uber and Lyft have lost a chance to have an appeal heard by the Supreme Court. The case involves lawsuits brought against the companies by the state of California, which claimed Uber and Lyft had misclassified their workers.
- 10/07/2024
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US Supreme Court rebuffs Uber, Lyft bid to avoid California driver suits
- The U.S. Supreme Court declined on Monday to hear a challenge by Uber and Lyft to lawsuits by the state of California on behalf of drivers who signed agreements to keep legal disputes with the ride-hailing companies out of court in a legal fight over their status as contractors.
- 10/07/2024
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5 Stocks To Own For The 2024 Elections & Beyond!
- Economic growth could slowly pick up in the U.S. and globally, as inflationary pressures continue to ease, with the Fed joining the rate-cut “party,” which could lead to even stronger corporate earnings growth following this year's robust gains.
- 10/07/2024
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Uber To Rally Over 33%? Here Are 10 Top Analyst Forecasts For Monday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 10/07/2024
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Robotaxis are here but the public is reluctant to embrace them
- Waymo provides 100,000 paid rides per week in the U.S. cities where it operates, and Tesla is unveiling its robotaxi this week. But will the public trust them?
- 10/07/2024
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Top Wall Street analysts favor these stocks for attractive long-term potential
- TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Uber Technologies and Meta Platforms
- 10/06/2024
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Final Trades: PDD Holdings, Freeport-McMoran, JetBlue & Uber
- Here's today's Final Trades from the Fast Money traders.
- 10/04/2024
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Uber and Avride Team Up for Food Deliveries and Robotaxi Services
- Uber broadens its network of self-driving technology partners through its collaboration with Avride.
- 10/04/2024
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Lock In Your Profits: These 3 Stocks Are Set to Deliver
- The stock market can trick old buyers into selling their profitable holdings at the first sign of a dip or slowdown. This effect is further amplified for new buyers who are anxious to know whether their ideas were right or wrong.
- 10/04/2024
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Uber Stock Stalls At A Crossroad: Short-Term Dips, Long-Term Hopes
- Uber Technologies Inc. UBER stock has been on quite a ride, climbing 24.94% year-to-date and 62.31% over the past year. But while the company's robot-filled future is making headlines, the technicals tell a different story.
- 10/04/2024
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2 Consumer Technology Stocks To Watch Today
- Consumer tech stocks to keep an eye on in the stock market right now.
- 10/04/2024
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Uber Expands Robot Delivery and Robotaxi Offerings With Avride
- Uber has launched a partnership with delivery robot/autonomous vehicle maker Avirde. The collaboration will launch in the coming weeks in Austin, letting Uber Eats customers get their food delivered by Avride's sidewalk robots, per a Thursday (Oct. 3) press release.
- 10/03/2024
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OpenAI Now Valued at $157B After Latest Funding Round
- Artificial intelligence (AI) giant OpenAI has raised $6.6 billion in new funding at a $157 billion valuation—more than the market caps of companies like Uber Technologies (UBER) and Lowe's (LOW).
- 10/03/2024
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Uber ties up with Avride for food deliveries, robotaxi rides
- Uber Technologies said on Thursday it was partnering with autonomous technology startup Avride for food deliveries and robotaxi services, as the ride-hail major rapidly extends its network of self-driving technology partners.
- 10/03/2024
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Uber and Avride Announce Autonomous Delivery and Mobility Partnership
- SAN FRANCISCO & AUSTIN, Texas--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) and Avride today announced a multiyear strategic partnership to bring Avride's delivery robots and autonomous vehicles to Uber and Uber Eats. The delivery partnership will launch first with sidewalk robots on Uber Eats in Austin in the coming weeks, before expanding to Dallas and Jersey City, New Jersey, later this year. The mobility partnership is expected to launch for riders in Dallas later next year. After.
- 10/03/2024
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Uber taps Yandex spinout Avride for autonomous delivery and ride-hail partnership
- Uber is not done snatching up autonomous vehicle partnerships.
- 10/03/2024
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Insight: Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
- A self-driving Tesla carrying a passenger for Uber rammed into an SUV at an intersection in suburban Las Vegas in April, an accident that sparked new concerns that a growing stable of self-styled "robotaxis" is exploiting a regulatory gray area in U.S. cities, putting lives at risk.
- 10/03/2024
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Couple hurt in Uber crash can't sue as 'daughter agreed to Uber Eats terms'
- A couple who suffered serious injuries in a crash while in an Uber have been told they cannot sue the firm - because they previously agreed to terms for Uber Eats.
- 10/03/2024
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OpenAI Raises $6.6 Billion, Valuation Hits $157 Billion, Surpassing Goldman Sachs and Uber
- U.S. artificial intelligence company OpenAI announced that it has raised $6.6 billion in its latest funding round, bringing its valuation to $157 billion. This valuation surpasses leading investment bank Goldman Sachs and global ride-hailing giant Uber, whose current market values are $155.4 billion and $154.3 billion, respectively.
- 10/02/2024
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Waymo begins offering robotaxi rides via Uber in Austin
- Waymo has gotten one step closer to a commercial launch in Austin by early 2025. This week, the company will open its fully autonomous ride-hailing service to certain members of the public in the city as part of an ongoing partnership with Uber.
- 10/02/2024
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 10/01/2024
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Meta, Amazon and Uber Top Picks To Play This Trend Ahead of Next Earnings Season
- Citi notes some of the ways investors can play internet trends going into the third-quarter earnings.
- 10/01/2024
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Uber Technologies (UBER) Stock Drops Despite Market Gains: Important Facts to Note
- In the latest trading session, Uber Technologies (UBER) closed at $75.16, marking a -0.78% move from the previous day.
- 09/30/2024
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China's Stimulus "Not Enough" while U.S. "Uber Dovish" for 50bps Cut
- @CharlesSchwab 's Michelle Gibley and Kathy Jones examine the state of markets at home and abroad to determine what investors should watch ahead. Kathy looks into investor hopes after Fed Chair Jerome Powell took an apparent 50BPS cut off the table for November.
- 09/30/2024
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Ouster: How LIDAR Technology Could Be The Heavy-Duty Detergent Of The 21st Century
- Ouster: How LIDAR Technology Could Be The Heavy-Duty Detergent Of The 21st Century
- 09/30/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/30/2024
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Uber: Fantastic Trends In The Present, Autonomous Opportunity To Drive The Future
- Uber has signed a number of new autonomous vehicle partnerships over the past few months. The breadth of these deals helps Uber to secure its global leadership position in rideshare while providing an avenue for long-term margin expansion. In Uber's most recent quarter, the company achieved >70% growth in adjusted EBITDA, powered by strong bookings in both the rideshare and delivery segments.
- 09/30/2024
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3 More Stocks Billionaires Are Buying Now
- Tom Yeung here with this week's Sunday Digest. Last week, I discussed the contrarian bets that billionaire investors often make.
- 09/29/2024
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Got $1,000? 2 Unbelievable Growth Stocks to Buy and Hold Forever
- Great companies can stand the test of time in your portfolio, but every investor will have a different approach to building returns. UnitedHealth Group has had to contend with rising costs lately, but the fundamentals of the business are still excellent.
- 09/29/2024
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A Stock Market Rally Could Start in October: 2 Brilliant Growth Stocks to Buy Now and Hold Long-Term
- Historically, stock market rallies have often started in October due in part to holiday spending. Shopify is the market leader in e-commerce and omnichannel commerce software.
- 09/28/2024
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This Analyst Sees More Than 25% Upside In Uber Thanks To Increased Food Delivery Penetration
- Oppenheimer analyst raised the price target at Uber Technologies, Inc. UBER to $95 (from $90) and maintained an Outperform rating.
- 09/27/2024
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Uber just bought into the Halloween business
- Uber Technologies partnered with Spirit Halloween to deliver Halloween costumes, decor and all things spooky. Customers can order through Uber Eats, Postmates and the Uber app.
- 09/27/2024
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Uber Eats Partners with Spirit Halloween Across North America
- Uber apps add Spirit Halloween for on-demand delivery of holiday costumes and seasonal decor across the United States and Canada. SAN FRANCISCO , Sept.
- 09/27/2024
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Uber Bringing Driverless Cars to the UAE Through WeRide Partnership
- Uber Technologies (UBER) is adding self-driving cars from WeRide to its ride-sharing platform, hitting the road in the United Arab Emirates later this year, the company said Wednesday.
- 09/25/2024
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DoorDash Stock Gets an Upgrade. Why It Could Be a Better Bet than Uber.
- DoorDash is a more promising play on the gig economy than Uber, according to KeyBanc analyst Justin Patterson.
- 09/25/2024
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Uber is bringing robotaxis from China's WeRide onto its platform — but not in the US
- Uber is partnering with Chinese self-driving firm WeRide to add more robotaxis to its app. The ride-hailing giant will launch its first service with WeRide in Abu Dhabi later this year.
- 09/25/2024
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Darden Restaurants: Partnership With Uber Could Bring Incremental Sales
- Darden Restaurants is adapting to challenging market conditions with value promotions, menu innovations, and strategic partnerships, such as the new ToGo partnership with Uber. Olive Garden's reintroduction of the 'Never Ending Pasta Bowl' and other value-driven initiatives have significantly boosted traffic and comparable sales in recent months. LongHorn Steakhouse continues to outperform with positive comparable sales and traffic, driven by its resilience and strategic menu offerings without relying on value promotions.
- 09/25/2024
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Uber, Chinese self-driving tech startup announce partnership to launch robotaxis in UAE
- Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm's vehicles to the rideshare platform, starting in the United Arab Emirates.
- 09/25/2024
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WeRide and Uber Partner to Bring Autonomous Vehicles to the Uber Platform, Beginning in the United Arab Emirates
- SAN FRANCISCO & GUANGZHOU, China--(BUSINESS WIRE)--WeRide, a global leading autonomous driving technology company, and Uber Technologies, Inc. (NYSE: UBER), the world's largest mobility and delivery technology platform, today announced a strategic partnership to bring WeRide's autonomous vehicles onto the Uber platform, beginning in the United Arab Emirates. The partnership is expected to launch first in Abu Dhabi later this year. A dedicated number of WeRide vehicles will be made available to.
- 09/25/2024
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Calls of the Day: Starbucks, Uber, Lowe's, Walmart, Casey's General Store, AT&T and Charles Schwab
- The Investment Committee discuss the latest Calls of the Day.
- 09/24/2024
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Darden Shares Surge on Uber Partnership. Is It Too Late to Buy the Stock?
- Darden posted relatively lackluster fiscal results in its latest quarter. However, its decision to add a third-party delivery partner boosted the stock.
- 09/24/2024
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Ticketmaster's Oasis Pricing Strategy Ticked Off Fans. How Uber Made the Same Model Work.
- Oasis fans are furious with Ticketmaster, but analysts expect dynamic pricing to become more widespread because it maximizes profit margins.
- 09/24/2024
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Uber Technologies (UBER) Exceeds Market Returns: Some Facts to Consider
- Uber Technologies (UBER) closed at $74.71 in the latest trading session, marking a +1.04% move from the prior day.
- 09/23/2024
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Calls of the Day: Netflix, Palantir, Uber and Trade Desk
- The Investment Committee debate the latest Calls Of The Day.
- 09/23/2024
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Uber's Biggest Weakness Just Became Its Biggest Strength (Double Rating Upgrade)
- Uber's growth, monetization, and profitability, driven by a sticky, high-spend user base, have led to an 81% return since our first 'Strong Buy' rating in June 2023. In April of this year, we downgraded Uber as we weren't sure how management would navigate an AV future, but the expanded Waymo partnership has put our concerns to rest. Uber's userbase and technical prowess should power strong growth and profitability into the future.
- 09/21/2024
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Why did Olive Garden finally partner with Uber?
- Olive Garden has always avoided using third party delivery services. Even during the pandemic, they resisted that urge.
- 09/21/2024
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Darden's Uber Partnership Fuels Optimism, Analysts See Market Share Gains And EPS Boost In FY25
- Yesterday, Darden Restaurants, Inc. DRI reported first-quarter adjusted earnings per share of $1.75, missing the analyst consensus estimate of $1.83. Quarterly sales of $2.76 billion missed the street view of $2.80 billion.
- 09/20/2024
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Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 09/20/2024
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Uber to provide delivery for Olive Garden in new partnership
- Darden Restaurants plans to start delivering Olive Garden food via Uber later this year, according to a Thursday announcement from the company.
- 09/19/2024
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Morgan Stanley's Brian Nowak on Darden-Uber partnership
- Brian Nowak, managing director at Morgan Stanley, joins 'The Exchange' to discuss Darden's partnership with Uber for delivery, the Uber-Waymo partnership expansion, and more.
- 09/19/2024
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Olive Garden's owner sees stock surge as it gives upbeat sales forecast, discloses Uber delivery deal
- Darden reported weaker-than-expected earnings on Thursday, but it reaffirmed its full-year outlook and said sales have been improving.
- 09/19/2024
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Olive Garden Owner Sees Sales Rebound and Strikes Uber Delivery Deal. Its Stock Is Flying.
- Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
- 09/19/2024
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Olive Garden Owner Darden Jumps on Signs of Sales Rebound, Uber Eats Delivery Deal
- Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
- 09/19/2024
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Olive Garden-owner Darden partners with Uber for delivery; shares jump
- Olive Garden-owner Darden Restaurants said on Thursday it has entered into a delivery deal with Uber Technologies , sending its shares up about 7% in premarket trading.
- 09/19/2024
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Darden and Uber Partner to Introduce On-Demand Delivery, with Olive Garden the First to Pilot
- Olive Garden guests will soon have another option to enjoy their favorite dishes at home, with orders made through Olive Garden channels and delivery powered by Uber Direct; Custom integration preserves team member and guest experience, while growing first-party delivery demand ORLANDO, Fla. and SAN FRANCISCO , Sept.
- 09/19/2024
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Analysts See Uber As Potential Robotaxi Winner, But It Will Need To Partner-Up
- Uber stock is seen as a potential beneficiary of autonomous vehicles, so long as it can build off recent Waymo deal.
- 09/17/2024
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Uber to Launch Rider Verification and ‘Record My Ride' Nationwide
- Uber has announced the nationwide launch of two features designed to improve the safety of drivers: rider verification and the ability to record video and audio during trips with their smartphones.
- 09/17/2024
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Uber Rides High, But Death Cross Signals Loom: Bulls Unfazed By Technical Risks
- Uber Technologies Inc. UBER stock has had an impressive run this year, up a stellar 25.37% year-to-date and a whopping 57.36% in the past year.
- 09/17/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/17/2024
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Accelerating Profits: The Case For Investing In Uber's Growth
- Uber has scale advantages in a "winner takes all" industry. The company is a countercyclical; it can maintain growth in a down economy. Several companies, including Waymo, have partnered with Uber in the robotaxi opportunity.
- 09/17/2024
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Uber: Waymo Jumpstarting Autonomous Upside
- Uber's profitability turnaround in 2023 and strategic partnerships with Waymo and GM position it for significant gains from autonomous driving technology. The partnership with Waymo allows Uber to leverage advanced AV tech without high training costs, enhancing its ride-hailing network. Despite regulatory challenges in human-driven ride-hailing, autonomous vehicles promise to improve margins and reduce labor risks, boosting long-term profitability.
- 09/17/2024
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Forget About Tesla, Waymo, and Cruise: This Is the Best Robotaxi Stock to Buy
- Being the platform and distribution channel has huge benefits.
- 09/16/2024
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Uber (UBER) Surges 6.5%: Is This an Indication of Further Gains?
- Uber (UBER) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 09/16/2024
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Match Group & Uber Team Up with 'It's On Us' to Empower College Students to Date Safely
- New Guide Offers Expert Safety Tips for Chatting with Matches, Meeting IRL, or Catching a Ride DALLAS , Sept. 16, 2024 /PRNewswire/ -- Match Group, the parent company of Tinder and Hinge, is teaming up with Uber and It's On Us, the largest US nonprofit program in the U.S. dedicated to college sexual assault prevention, to empower millions of students across 2,000+ colleges and universities nationwide with information on how to navigate the dating scene safely.
- 09/16/2024
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Uber: Commercialized Autonomous Driving Presents Significant Potential
- Uber remains a compelling investment due to robust growth, strategic positioning in ride-sharing and food delivery, and investments in autonomous vehicles and technology innovation. The company's Q2 performance highlights 15% YoY revenue growth, and improved profitability with a 71% YoY increase in EBITDA. There is building excitement around Uber's autonomous driving potential, highlighted by strategic partnerships with Cruise and Waymo, enhancing AV technology access and operational efficiency.
- 09/16/2024
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Uber: Rideshare Moat Remains Undisputed, Tesla's Robotaxi Poses Risk Ahead
- UBER may experience further volatility due to Tesla's upcoming robotaxi event, albeit well balanced by the former's strategic investments in autonomous driving and growing OEM partnerships. UBER's advertising segment demonstrates significant growth potential, contributing to the top/ bottom line expansion opportunities. With the stock still extremely cheap at PEG ratio of 0.66x, we believe that its investment thesis remains robust, significantly aided by the healthier balance sheet and rich FCF generation.
- 09/15/2024
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Uber's Bold Step Into Driverless Rides: Here's What It Means for the Future of Travel
- Will Waymo Partnership Make Uber the King of Robotaxis?
- 09/14/2024
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Uber Technologies: It's All About Cleaning The P&L And Stopping Dilution (Rating Upgrade)
- Uber's growth potential is immense, driven by user growth, increased engagement, and new products, making mid-to-high teens revenue growth achievable. Margin expansion and cash flow improvements are expected as Uber scales, benefiting from operational leverage and a capital-light business model. Autonomous vehicle fears are overblown; Uber is well-positioned to partner with AV players, leveraging its extensive ride-hail network and technology.
- 09/14/2024
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Is Uber a buy following robotaxi deal with Waymo?
- Uber Technologies Inc. (NYSE: UBER) saw its stock jump over 5% on Friday after announcing an expanded partnership with Waymo, the autonomous driving subsidiary of Alphabet Inc.
- 09/14/2024
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Uber is Launching Driverless Rides With Waymo: Here's Where You Can Book Them
- The robotaxi service is expanding into Austin and Atlanta. Here's everywhere else you can hail a Waymo ride.
- 09/13/2024
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@LikeFolio: Waymo Deal "Just the Beginning" for Uber's Reach in Autonomous Driving
- Waymo will reportedly add its autonomous cars to Uber (UBER) for paid rides in Austin and Atlanta. Megan Brantley with@LikeFolio calls the tentative deal a key driver for future margin growth.
- 09/13/2024
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Uber: Here's why Evercore ISI's Mark Mahaney 'likes' the stock
- Mark Mahaney, Evercore ISI head of internet research, joins ‘The Excahnge' to discuss Uber as the ride-sharing giant announced its partnership with Alphabet's Waymo, why he favors the stock, and more.
- 09/13/2024
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Uber stock rises on plans to expand its partnership with Alphabet's Waymo
- CNBC's Kate Rooney joins 'The Exchange' to report on Uber as the ride-sharing giant announced its partnership with Alphabet's Waymo.
- 09/13/2024
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Uber, and Waymo Expand Driverless Ride Service to Austin, Atlanta
- Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst joins Bloomberg Intelligence to discuss Uber partnership with Alphabet Waymo in the autonomous vehicle arena. -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
- 09/13/2024
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Uber Is Expanding Waymo Driverless Rides to Austin and Atlanta
- Uber Technologies (UBER) shares jumped Friday after the ride-share provider said it would expand its partnership with Alphabet-owned (GOOGL) autonomous vehicle technology firm Waymo to add more driverless car rides.
- 09/13/2024
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Uber CEO on Waymo expansion into Austin and Atlanta
- Dara Khosrowshahi, Uber CEO, joins 'Squawk on the Street' to discuss the company's partnership with Waymo, Uber's ability in different municipalities, and customer's willingness to accept an autonomous vehicle.
- 09/13/2024
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Uber Stock Is S&P 500's Top Performer. Expanded Waymo Deal Presses Gas on Autonomous Driving.
- The ride-hailing company announces an expansion of its existing partnership with Alphabet's Waymo.
- 09/13/2024
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Uber, Waymo bring autonomous ride hailing to Austin, Atlanta
- Ride-hailing platform Uber Technologies said on Friday it would bring autonomous ride hailing to Austin, Texas, and Atlanta, Georgia, in partnership with Alphabet's Waymo.
- 09/13/2024
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Waymo robotaxis will be on the Uber app in Austin, Atlanta in early 2025
- Uber riders in Austin and Atlanta will be able to hail a Waymo robotaxi through the app in early 2025 as part of an expanded partnership between the two companies.
- 09/13/2024
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Uber announces expansion of Waymo partnership to Austin and Atlanta
- Uber will offer driverless ride-hailing trips with Waymo in Austin, Texas, and Atlanta starting early 2025 The rides will only be available via the Uber app
- 09/13/2024
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Uber's Massive Play in Autonomous Vehicles
- Uber isn't making autonomous vehicles, but it may make a lot of money on autonomous vehicles anyway.
- 09/12/2024
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Uber Technologies (UBER) Outperforms Broader Market: What You Need to Know
- In the latest trading session, Uber Technologies (UBER) closed at $70.11, marking a +1.62% move from the previous day.
- 09/11/2024
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Uber Runs on Oracle Cloud Infrastructure
- OCI helps power more than one million trips every hour and 14 million predictions per second OCI helps power dozens of AI models that are used in every Uber trip LAS VEGAS , Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Uber, the largest on-demand mobility and delivery platform in the world, relies on Oracle Cloud Infrastructure (OCI) to help support the rapid growth and more than one million trips that Uber powers every hour.
- 09/11/2024
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Uber Integrates Freight and Delivery-as-a-Service Platforms
- Uber Freight announced an integration with Uber Direct, the company's on-demand Delivery-as-a-Service platform. “The partnership brings together one of North America's largest logistics networks with one of the largest same-day delivery courier networks,” Uber Freight said in a Tuesday (Sept.
- 09/10/2024
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Uber Freight Advances End-to-End Logistics with Platform Enhancements, Generative AI-Powered Tech and Expanded Final Mile Offerings
- New updates across the product suite and a new integration with Uber Direct will further accelerate company's momentum New updates across the product suite and a new integration with Uber Direct will further accelerate company's momentum
- 09/10/2024
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Uber Technologies, Inc. (UBER) CEO Dara Khosrowshahi presents at Goldman Sachs Communacopia & Technology Conference (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Goldman Sachs Communacopia & Technology Conference September 9, 2024 5:25 PM ET Company Participants Dara Khosrowshahi - CEO Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan It is my pleasure to welcome Uber Technologies' Dara Khosrowshahi, CEO, to the stage for fireside chat. I am going to read a quick safe harbor and then Dara and I are going to get into it and we have a lot to talk about because there's always a lot going on with Uber.
- 09/09/2024
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Uber Stock Appreciates 13% YTD: What Should Investors Do Now?
- With UBER shares performing well, we try to assess the investment worthiness of the stock in the current situation.
- 09/09/2024
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Uber: From IPO Hype To Investor Fallout
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 09/06/2024
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Uber (UBER) Up 9.2% Since Last Earnings Report: Can It Continue?
- Uber (UBER) reported earnings 30 days ago. What's next for the stock?
- 09/05/2024
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Turo CEO on partnership with Uber
- Turo CEO Andre Haddad joins 'Money Movers' to discuss the company's recent partnership with Uber, who this partnership will displace, and more.
- 09/05/2024
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Uber and Turo announce partnership to bring Turo vehicles to Uber Rent
- Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's expansive selection of vehicles directly through the Uber platform SAN FRANCISCO , Sept. 5, 2024 /PRNewswire/ -- Uber Technologies, Inc. (NYSE: UBER) and Turo, Inc. the world's largest peer-to-peer car sharing marketplace, today announced a multi-year partnership which will enable Uber customers to rent from Turo's wide- ranging selection of vehicles directly from the Uber app across key global markets.
- 09/05/2024
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Got $1000: Buy These Under $100 Stocks in September
- A lot has been spoken about the “September Effect” when most investors see their portfolios plunge.
- 09/04/2024
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On-demand transit can disrupt commuting as much as Uber did taxis, say researchers
- Is public transit ready for a gig economy-style shake up? A group of researchers at Concordia believes that the ride-share model made popular by companies like Uber and Lyft might be a useful, innovative and savings-based approach for suburban commuters as they trudge to work.
- 09/03/2024
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
- 09/02/2024
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Uber rival Bolt surges into the black
- Uber rival Bolt's UK wing turned a £47 million pre-tax loss in 2022 on its head with nearly £8.3 million in pre-tax profit penned in 2023, according to accounts filed with Companies House on the weekend. Bolt's profitable year stemmed from an £80 million-plus tax credit, which also served to increase net assets to £45 million from more than £22 million in liabilities in the prior year.
- 09/02/2024
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Is Uber's Stock Going to Crash in the Next 18 Months?
- Uber Technologies (NYSE:UBER) is among the top global players in the ride-hailing market, serving up more than
- 08/31/2024
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Uber drives deeper into South Korea to take on Kakao Mobility
- After seeing double-digit growth in South Korea, Uber Technologies has announced a strategic plan to double down in the country — directly challenging market leader Kakao Mobility, the ride-hailing unit majority-owned South Korean messaging and tech giant Kakao.
- 08/30/2024
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Uber CEO says growth in South Korea promising despite underdog status
- Uber Technologies Inc's CEO on Friday expressed commitment to the South Korean market, where it is an underdog to local tech group Kakao , and said the platform will attract more taxi drivers for growth.
- 08/29/2024
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Uber takes stake in SoftBank-backed self-driving tech startup Wayve
- As part of a broader commercial partnership, Uber is investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. The investment is an extension of Wayve's $1 billion Series C funding round announced earlier this year, which was led by Japanese tech investor SoftBank.
- 08/29/2024
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Wayve and Uber Partner to Accelerate the Future of Automated Driving
- LONDON & SAN FRANCISCO--(BUSINESS WIRE)--Wayve, a leader in Embodied AI for self-driving, today announced a new strategic partnership with Uber (NYSE: UBER), the world's leading mobility and delivery network. Uber has also agreed to make a strategic investment in Wayve as an extension of the company's previously announced Series C fundraising round. With the additional funding and support from Uber, Wayve intends to accelerate its work with global OEMs to enhance consumer vehicles with Level 2+.
- 08/29/2024
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Costco offers discounted gift cards for Uber, Instacart, and DoorDash amid slowdown concerns
- Costco Wholesale Corporation (NASDAQ: COST) is enhancing its lineup of discounted gift cards by adding Uber, Instacart, and DoorDash to its offerings. This strategic move, highlighted by Oppenheimer analyst Rupesh Parikh, is designed to keep cost-conscious consumers engaged as concerns about an economic slowdown loom large.
- 08/27/2024
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Lyft follows in Uber's footsteps with a rider verification program
- In an effort to improve its security measures, Lyft announced Tuesday a new rider verification pilot program to help drivers verify riders' identities and ensure that they are indeed who they say they are.
- 08/27/2024
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The Zacks Analyst Blog Datadog, Uber Technologies and ACV Auctions
- Datadog, Uber Technologies and ACV Auctions are included in this Analyst Blog.
- 08/27/2024
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Calls of the Day: Autodesk, Uber, D.R. Horton, Constellation Brands and Chipotle
- The Investment Committee discuss the latest Calls Of The Day.
- 08/26/2024
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Uber Fined $324 Million by Dutch Watchdog Over Driver Data Protection
- The authorities in the Netherlands said the ride-hailing company had violated European data protection laws when it sent sensitive information to the United States.
- 08/26/2024
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Uber fined $324M over transfer of EU driver data to US
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) has been slapped with a $324 million (€290 million) fine by Dutch regulators for transferring the personal data of European taxi drivers to the United States, violating European Union data protection rules. The Dutch Data Protection Authority (DPA) said on Monday Uber failed to appropriately safeguard the data it transferred to the US, constituting a “serious violation” of the General Data Protection Regulation (GDPR).
- 08/26/2024
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Buy 3 Internet-Centric Stocks for Stellar Returns Amid Rate Cut Hope
- We have narrowed our search to three Internet-based stocks for solid returns. These are DDOG, UBER and ACVA.
- 08/26/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 08/26/2024
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Uber Fined $324 Million for EU Data Protection Breach
- Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data.
- 08/26/2024
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Dutch hit Uber with huge fine over driver data
- The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.
- 08/26/2024
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Uber Fined Record $324 Million In Netherlands For Transferring Sensitive EU Driver Data To U.S.
- Dutch privacy regulators hit Uber with a record $324 million (€290 million) fine Monday for violating the European Union's data protection laws by transferring sensitive personal data of its drivers to the U.S. without adequate safeguards.
- 08/26/2024
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Uber fined $324M over EU driver data transfer breach
- Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands' privacy watchdog for breaching the European Union's General Data Protection Regulation (GDPR).
- 08/26/2024
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Uber fined $324 million by Dutch regulator over transfer of driver data to U.S.
- The Dutch privacy regulator on Monday said it fined Uber Technologies 290 million euros ($324 million) for allegedly sending data on drivers to the U.S. without providing appropriate safeguards.
- 08/26/2024
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Dutch privacy watchdog fines Uber for sending drivers' data to U.S.
- The Netherland's DPA data protection watchdog said on Monday it imposed a fine of 290 million euros ($324 million) on ride-hailing platform Uber for sending personal data of European taxi drivers to the United States in violation of EU rules.
- 08/26/2024
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3-Stock Lunch: Uber, Intuit & Cava
- Anthony Forcione, Rockland Trust, VP and portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
- 08/23/2024
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Uber announces partnership with Cruise to offer driverless rides
- CNBC's Deidre Bosa joins 'The Exchange' with details about Uber's partnership with Cruise.
- 08/23/2024
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"Uber is Trying to Get Ahead of the Curve" in Self-Driving Tech
- A deal between General Motors (GM) and Uber (UBER) to provide the rideshare company with self-driving vehicles is one that can put both companies in the driver's seat of innovation. The problem, according to Kevin Green, is competition against Tesla (TSLA) as the Mag 7 giant expands its robotics ambitions.
- 08/23/2024
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Uber's Autonomous Driving Deal Shifts Company into New Gear
- @LikeFolio's Megan Brantley calls Uber (UBER) a "true leader" in its space. The company hopes a deal with General Motors (GM) to bring autonomous vehicles to the platform will speed it down a road to greater success.
- 08/23/2024
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Uber Partners Up With Cruise. Why Analysts Expect More Self-Driving Deals.
- Uber's new partnership with Cruise is seen by analyst as likely the first of several deals for the ride-hail app.
- 08/23/2024
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Uber's autonomous vehicle strategy boosted by Cruise partnership
- Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s new partnership with Cruise to bring its autonomous vehicles to the ride-share platform has reinforced the company's role as a demand aggregator, analysts at Bank of America believe. Uber and Cruise, majority-owned by General Motors Company (NYSE:GM), announced on Thursday that it plans to launch the multi-year partnership next year with an unspecified number of Chevy Bolt-based autonomous vehicles (AVs).
- 08/23/2024
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ROST Carries Retail Strength, INTU Headwinds, UBER & GM Autonomous Driving Deal
- Earnings led to a rally for Ross Stores (ROST) and a sell-off for Intuit (INTU). Meanwhile, General Motors (GM) makes a deal to speed up Uber's (UBER) presence in the autonomous driving space.
- 08/23/2024
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Uber ($UBER) and Cruise Partner to Deploy Autonomous Vehicles for Riders
- Uber (NYSE: UBER), a technology company focused on making urban transport more sustainable, and Cruise, a transportation innovator building the world's most advanced self-driving vehicles, have announced a multiyear strategic partnership to integrate Cruise's autonomous vehicles into the Uber platform. The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles.
- 08/23/2024
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Uber and Cruise announce multiyear partnership
- CNBC's Deirdre Bosa joins 'Closing Bell Overtime' with breaking news on Uber.
- 08/22/2024
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Troubled robotaxi company Cruise changes lanes, will partner with Uber
- Cruise's trouble-ridden robotaxis are joining Uber's ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers.
- 08/22/2024
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Cruise to deploy its autonomous vehicles on Uber platform
- Uber and General Motors-backed Cruise said on Thursday Cruise will deploy its autonomous vehicles on the ride-hailing firm's platform.
- 08/22/2024
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GM-owned Cruise will partner with Uber to offer driverless rides
- Uber Technologies and General Motors' Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as Cruise attempts to revive its robotaxi business after the company ceased operations following an October 2023 incident.
- 08/22/2024
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Cruise's robotaxis are coming to the Uber app in 2025
- Cruise, General Motors's self-driving subsidiary, said it has signed a multi-year partnership with ride-hailing giant Uber to bring its robotaxis to the ride-hailing platform in 2025.
- 08/22/2024
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Opportunities Abound in the Internet Services Industry: 2 Picks
- A rate cut this year would be a tailwind for the capital-intensive Internet - Services industry. Uber (UBER) and Zillow Group (ZG) are our picks.
- 08/22/2024
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Uber CEO to Participate in Fireside Chat Hosted by Goldman Sachs
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, will participate in a keynote at the Goldman Sachs Communacopia & Technology Conference on Monday, September 9. Mr. Khosrowshahi is scheduled to appear at 2:25pm PT (5:25pm ET). An audio webcast of the event will be available on the investor relations section of the Uber website at http://investor.uber.com. About Uber Uber's mission is to create opportunity through movement. We.
- 08/21/2024
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UBER Announces the Joining of Ex-Tesla Charger Executive
- UBER announces the appointment of Rebecca Tinucci to supervise its transition to a zero-emission platform.
- 08/21/2024
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Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 08/21/2024
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1 Super Stock That Could Turn $200,000 Into $1 Million by 2034
- Uber operates the world's largest ride-hailing network, and human drivers are its largest cost by a wide margin. Self-driving vehicles could help Uber pocket more money from each ride, significantly boosting its revenue and profit.
- 08/21/2024
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Walz's Uber-Liberal Record as Governor Opens Line of Attack for GOP
- CHICAGO—Three days after Democrats narrowly won control of Minnesota's Senate, House and governor's mansion in 2022, Gov. Tim Walz summoned party leaders to his formal office in the state's Capitol building for an early morning huddle.
- 08/21/2024
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Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says
- Uber Technologies has hired former Tesla executive Rebecca Tinucci to oversee the ride-hailing platform's shift to electric vehicles, according to an internal memo seen by Reuters on Tuesday.
- 08/20/2024
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Evercore ISI's Mark Mahaney on his new top internet stock picks: Amazon, Doordash, Uber
- Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss his firm's top internet stop picks, why Amazon, Doordash and Uber are at the top of his list, impact of AI, and more.
- 08/20/2024
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You Won't Believe What Uber's CEO Just Said About Tesla
- Uber CEO Dara Khosrowshahi recently said he is skeptical that Tesla's ambitions with self-driving vehicles will succeed. While Khosrowshahi expressed valid concerns, there are a number of reasons why his pessimism may be overblown.
- 08/20/2024
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Uber Technologies (UBER) is a Top-Ranked Momentum Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 08/19/2024
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Is Uber (UBER) a Buy as Wall Street Analysts Look Optimistic?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 08/19/2024
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Uber Stock Is Up a Phenomenal 121% in 2 Years: But Is Now the Time to Buy?
- Uber reported impressive revenue and operating profit growth in the second quarter. The company's scaled two-sided platform benefits from network effects.
- 08/16/2024
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Amazon, Uber, Datadog, and 3 AI Stocks to Buy Right Now
- Analysts see a buying opportunity in tech after recent volatility.
- 08/16/2024
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Earnings Estimates Moving Higher for Uber (UBER): Time to Buy?
- Uber (UBER) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/16/2024
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3 Stocks That Look Like They Can Double Your Money by 2030
- Money makes money grow. As investors, we are always on the lookout for different ways to grow our money at minimal risk.
- 08/16/2024
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Calls of the Day: Medtronic, Boeing, Uber, Oracle and Las Vegas Sands
- The Investment Committee debate the latest Calls Of The Day
- 08/15/2024
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3 High-Potential Stocks Analysts Say Could Soar
- Wall Street analysts understand that their reputations and careers are on the line each time they issue a recommendation for—or against—a stock. Knowing this, investors would find the weight of the decision-making and stock rating all the more important now that the S&P 500 has survived one of the worst weeks of 2024.
- 08/15/2024
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Nvidia-Backed Serve Robotics Rises on Deal to Deliver Shake Shack Via Uber Eats
- Serve Robotics (SERV) stock rose Wednesday as the Nvidia-backed last mile delivery company announced a partnership with Shake Shack (SHAK) to deliver the fast-casual chain's food through Uber Eats.
- 08/14/2024
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VIX Vixens: 7 Attractive Stock Bets as the Fear Gauge Spikes
- Early this month, the CBOE Volatility Index, or VIX soared to multi-year highs. As a contrarian indicator, a northward trek of the fear gauge implies a negative outlook for equities.
- 08/14/2024
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Serve Robotics ($SERV) and Shake Shack ($SHAK) Roll Out Autonomous Delivery Via Uber Eats ($UBER)
- Serve Robotics (Nasdaq: SERV), a leader in autonomous sidewalk delivery, and Shake Shack have announced a partnership to deliver Shake Shack meals via Serve's autonomous delivery robots on the Uber Eats delivery platform. Serve's autonomous delivery bots are quick and convenient, optimized for efficient route planning, and available on demand, ensuring food arrives reliably, and fresh.
- 08/14/2024
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Uber Technologies: BYD Partnership Demonstrates Company's AV Ambitions
- Uber's Q2 results showed a positive rebound, with strong growth in gross bookings, EPS, and adjusted EBITDA, driven by the Mobility and Delivery segments. The partnership with BYD for EVs and potential AV collaboration positions Uber well for its AV ambitions. Despite risks like competition from Tesla's Robotaxis and a potential US recession, Uber's strong performance and strategic partnerships make it a promising long-term investment.
- 08/13/2024
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Lilly, Uber among the biggest recent winners of the beat-and-raise game in the stock market
- For U.S. stocks, quarterly earnings seasons are set up to follow an old “beat-and-raise” pattern, which can lift share prices. A look ahead at earnings estimates for 2025 highlights a group of companies whose earnings estimates have been raised the most.
- 08/13/2024
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 08/13/2024
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The 3 Best Transportation Stocks to Buy in August 2024
- After a protracted period of downturn, the best transportation stocks are returning in great numbers; freight demand is starting to show indications of revival, as is airline demand. The industry is also using carrier onboarding and capacity-matching technologies like generative artificial intelligence.
- 08/12/2024
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Unlocking Uber (UBER) International Revenues: Trends, Surprises, and Prospects
- Examine the evolution of Uber's (UBER) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
- 08/12/2024
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Should Investors Buy Uber Stock Right Now?
- Uber reported continued momentum across all important business metrics in its latest quarter.
- 08/12/2024
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3 Things to Know About Uber Before You Buy the Stock
- Uber beat Wall Street revenue and earnings per share estimates during the last quarter. Network effects help protect Uber's competitive position.
- 08/12/2024
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Why Investors Should Take UBER Stock for a Ride After Earnings
- Riding-sharing leader Uber Technologies (NYSE: UBER ) returned to profitability in the second quarter, easily beating Wall Street's top and bottom line estimates on Tuesday. Even during Monday's market meltdown and the yo-yo ride the stock market has been on afterward, Uber stock has remained strong.
- 08/09/2024
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Uber: A Sticky Situation - Reiterating Buy
- I'm reiterating my buy rating on Uber after its 2Q24 results beat both the top and bottom lines on strong growth in mobility and delivery. I think there is more upside ahead due to management's early stages of success in the grocery offering. In my opinion, Uber's focus on affordability amid current economic headwinds makes it better positioned to increase customer retention across mobility and delivery.
- 08/09/2024
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1 Wall Street Analyst Thinks Uber Stock Is Going to $80. Is It a Buy?
- The KeyBanc prognosticator's level is actually a reduction from his previous take. He expects upside in excess of 20% for the stock.
- 08/08/2024
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3 Standout Stocks to Snag After Stellar Quarterly Results
- The second-quarter earnings season has been a mixed bag, with several companies beating estimates but issuing a lower-than-expected guidance. Ongoing concerns about recession and the delay in Fed rate cut have also put investors in worry.
- 08/08/2024
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The Zacks Analyst Blog Uber, Lyft and DoorDash
- Uber, Lyft and DoorDash are included in this Analyst Blog.
- 08/08/2024
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Uber Speeds Past Expectations, Analysts 'Not Seeing Signs Of Consumer Softness'
- Shares of Uber Technologies Inc UBER were climbing on Wednesday, after the company reported impressive second-quarter results.
- 08/07/2024
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Uber's resilience and growth potential highlighted by analysts after earnings beat
- Analysts have praised Uber Technologies Inc (NYSE:UBER, ETR:UT8) after the ride-hailing app outperformed expectations for the second quarter, sending its shares 5% higher at $68 late morning on Wednesday. Analysts at Wedbush attributed the jump in Uber's stock price to low expectations going into the print, given recent market volatility and concerns around a weakening consumer.
- 08/07/2024
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Instacart and Uber Are Booming. Why Gig Economy Stocks Could Be Recession-Proof.
- Uber and Instacart are thriving, and even the threat of a U.S. recession might not be enough to stop them.
- 08/07/2024
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How Should You Play UBER Stock Following Q2 Earnings Beat?
- With UBER shares gaining handsomely following the second-quarter results, let's assess its investment worthiness in the current scenario.
- 08/07/2024
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ETFs to Buy as Uber Rallies Post Earnings Release
- Uber Technologies' (UBER) shares soared as its second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services.
- 08/07/2024
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Uber, Lyft and the gig economy think they've found a way to win the national labor war
- Uber, Lyft, Grubhub and DoorDash scored a major victory in a recent ruling from California's top state court upholding Proposition 22 and the classification of drivers as independent contractors rather than employees. Gig economy companies, as well as drivers who prefer contractor status, think they now have nationwide momentum to win what's been a persistent battle over their labor model, though pushback for more benefits is expected from unions.
- 08/06/2024
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Uber Surpasses Estimates And Shares Autonomous Vehicle Optimism
- On Tuesday, Uber Technologies UBER reported its second quarter results that surpassed Wall Street estimates. In addition, Uber recorded a sixfold increase in autonomous rides through its collaborations with 10 partners that span across different segments.
- 08/06/2024
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UBER Q2 Earnings & Revenues Surpass Estimates, Up Y/Y
- UBER's second-quarter 2024 earnings and revenues improve year over year.
- 08/06/2024
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JP Morgan Analyst Affirms Confidence In Uber: Mobility Expansion And Efficient Delivery Drive Optimistic Outlook
- JP Morgan analyst Doug Anmuth maintained an Overweight rating on Uber Technologies, Inc UBER.
- 08/06/2024
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Uber Earnings Offsets Robotaxi Threats
- Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, joins Bloomberg Intelligence to discuss Uber earnings and how their partnerships are quashing fears of autonomous vehicle takeovers. -------- More on Bloomberg Television and Markets Like this video?
- 08/06/2024
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Uber exceeds Q2 expectations: CEO Khosrowshahi predicts continued outperformance
- Uber Technologies Inc (NYSE: UBER) is thriving despite market conditions, with CEO Dara Khosrowshahi asserting that the company is “really hitting on all cylinders.” In an interview with CNBC, Khosrowshahi highlighted that Uber's latest quarterly results exceeded market expectations, signaling robust performance across its platform.
- 08/06/2024
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Uber: 35% of Customers Use Multiple Services and Spend More
- Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company's earnings report released Tuesday (Aug. 6). The company's focus on expanding its service offerings and strategic partnerships has been key to its success.
- 08/06/2024
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Uber Stock Pops After Solid Earnings: What to Know
- Uber stock is higher Tuesday after the ride-hailing firm beat expectations for its second quarter. Here's what you need to know.
- 08/06/2024
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Uber's Earnings Beat: Rideshare and Delivery Surge
- Uber Technologies Inc. NYSE: UBER has delivered strong second-quarter 2024 results, surpassing Uber's analyst community's expectations for revenue and earnings. Uber's financial performance was driven by robust growth across its core business segments, and Uber's earnings beat has fueled investor confidence and propelled the company's stock price upward.
- 08/06/2024
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Uber Technologies (UBER) Q2 2024 Earnings Call Transcript
- Uber Technologies Inc. (NYSE:UBER ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Dara Khosrowshahi - Chief Executive Officer Prashanth Mahendra-Rajah - Chief Financial Officer Deepa Subramanian - Vice President, Investor Relations Conference Call Participants Brian Nowak - Morgan Stanley Doug Anmuth - JP Morgan Eric Sheridan - Goldman Sachs Justin Post - Bank of America Nikhil Devnani - Bernstein John Colatuoni - Jefferies Ross Sandler - Barclays Mark Mahaney - Evercore Operator Thank you and welcome to the Uber Q2 2024 earnings conference call. All lines have been placed on mute to prevent any background noise.
- 08/06/2024
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Uber Stock Is Up 8% Today. What's Going On?
- Uber (NYSE: UBER ) stock is rallying higher after the company reported much stronger-than-expected EPS for the second quarter. The firm's Q2 revenue came in slightly above analysts' average estimate, while the midpoint of its Q3 adjusted earnings range was also slightly higher than analysts' mean outlook.
- 08/06/2024
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Uber tops second-quarter revenue, profit estimates on high demand as employees return to office
- The ride-share app launched programs this year aimed at drawing in new users and boosting its deliveries sector.
- 08/06/2024
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Uber (UBER) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Uber (UBER) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/06/2024
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Uber Stock Jumps as Q2 Profits More Than Double
- Uber (UBER) stock jumped Tuesday as the ridesharing giant's second-quarter earnings beat analysts' estimates as gross bookings grew 19% year-over-year.
- 08/06/2024
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Earnings Alert: Uber (UBER) Rises, Caterpillar (CAT) Slides
- Jenny Horne examines a pair of early-morning earnings movers: UBER & CAT. #uber #ubereats #uberdriver #caterpillar #cat #earnings #markets #stockmarket #financialmarket #equities ======== Schwab Network ======== Empowering every investor and trader, every market day.
- 08/06/2024
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Uber Technologies (UBER) Q2 Earnings and Revenues Top Estimates
- Uber Technologies (UBER) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.18 per share a year ago.
- 08/06/2024
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Uber shares surge as earnings and revenues beat the Street
- Shares in Uber Technologies Inc (NYSE:UBER, ETR:UT8) surged 8% in pre-market trading after it surpassed Wall Street's second-quarter revenue and core profit estimates. The ride-hailing giant benefited from steady demand for its ride-sharing and food-delivery services as more people returned to offices and increased outings.
- 08/06/2024
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Uber CEO Dara Khosrowshahi on Q2 results: Company is really hitting on all cylinders
- Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, the performance of Uber Eats, challenges facing the company's freight business, and more.
- 08/06/2024
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Uber highlights autonomous vehicle efforts with Tesla in its rearview mirror
- Uber reported strong second-quarter results, with gross bookings and net profit both up decently. But the company has chosen to highlight the success of its autonomous vehicle effort, likely to assuage investors concerned about incoming competition from Tesla, which aims to reveal its first robotaxi in October.
- 08/06/2024
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Uber Ads just became a $1 billion business — and it has plenty of room to grow
- Uber announced on Tuesday its ad business had hit a $1 billion annual run rate. Launched in 2022, Uber Ads offers formats on apps, emails, cartops, and in-car tablets.
- 08/06/2024
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Uber (UBER) & Lyft (LYFT) Earnings: Can Shares Accelerate?
- Both stocks have risen in popularity considerably over the years as consumers continuously flock to the platform, leaving taxis in the dust.
- 08/05/2024
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Uber Stock Shows Bearish Trends Despite 50% Upside Forecast
- Uber Technologies Inc UBER will report second-quarter earnings on Tuesday. Wall Street expects 31 cents in EPS and $10.5 billion in revenues as the company reports before market hours.
- 08/05/2024
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Disney, Super Micro, Uber, and More Stocks to Watch
- Second-quarter earnings season continues with Airbnb, Caterpillar, Super Micro Computer, Uber, Monster Beverage, Shopify, Walt Disney, Eli Lilly, and Paramount.
- 08/04/2024
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Harris's Brother-in-Law Tony West, an Uber Executive, is a Key Adviser
- Tony West, the top lawyer for Uber, is weighing in on polling and running mates. His presence has made some liberals anxious.
- 08/04/2024
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Uber stock is in a bear market; will earnings change that?
- Uber Technologies (NYSE: UBER) stock price has moved into a deep bear market, falling by over 28% from its highest point this year and erasing most of the gains made earlier on. It has collapsed to its lowest point since January 2024 as the focus shifts to its upcoming earnings.
- 08/03/2024
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Should You Buy, Sell or Hold UBER Stock Before Q2 Earnings?
- Uber Technologies UBER, a leading ride-hailing company, is set to report second-quarter 2024 results on Aug 6, before market open.
- 08/01/2024
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Brokers Suggest Investing in Uber (UBER): Read This Before Placing a Bet
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 08/01/2024
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Seeking Clues to Uber (UBER) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Uber (UBER), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
- 08/01/2024
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Is Uber Technologies Overvalued?
- In the competitive environment of the gig economy, Uber Technologies Inc. (UBER, Financial) has succeeded in capturing market share through brand presence, expanding operations in new geographies and was added to the S&P 500 Index. The company generated positive net income for the first time in 2023, though that was due to its unrealized gain position in its Aurora investment.
- 08/01/2024
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Tesla's biggest competitor just announced a collab with Uber
- BYD said it's partnering with Uber for drivers to lease 100,000 electric vehicles. The companies also plan to collaborate on autonomous driving.
- 08/01/2024
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Uber Partners With BYD to Put Drivers in 100,000 EVs
- Uber will team up with BYD to put 100,000 electric vehicles onto the ride-hailing company's platform, in a major deal between American and Chinese businesses that notably excludes the US. Bloomberg Intelligence's Mandeep Singh joins Ed Ludlow on "Bloomberg Technology.
- 07/31/2024
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What's In Store For Uber In Q2? Analyst Sees 21% Bookings Growth
- BofA Securities analyst Justin Post reiterated a Buy rating on Uber Technologies, Inc. UBER, with a price forecast of $87.
- 07/31/2024
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Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles
- Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets. The initiative will begin in Europe and Latin America, with plans to expand to the Middle East, Canada, Australia and New Zealand.
- 07/31/2024
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Uber & BYD E.V. Deal "Very Strategic" for Companies
- Uber (UBER) and BYD Auto (BYDDY) shares are up Wednesday after announcing a deal to add 100,000 BYD vehicles to several global markets. Kevin Green and Jenny Horne break down the deal and the headwinds it can face.
- 07/31/2024
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Calls of the Day: McDonald's, Arista Networks and Uber
- The Investment Committee discuss the latest Calls Of The Day.
- 07/31/2024
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Uber Technologies Stock Pops on EV Partnership
- Uber Technologies Inc (NYSE:UBER) stock is on the rise today, after the rideshare giant announced a partnership with BYD with the goal of putting drivers into 100,000 electric vehicles (EV).
- 07/31/2024
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Uber ($UBER) and BYD Partner to Accelerate Global EV Transition
- Uber (NYSE: UBER), a technology transport company focused on making urban transportation more sustainable, and BYD have announced a multi-year partnership to introduce 100,000 BYD electric vehicles to the Uber platform in key global markets. As leaders in their fields, Uber and BYD aim to reduce EV ownership costs for Uber drivers, promoting EV adoption and providing millions of riders with greener transport options.
- 07/31/2024
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What You Need to Know Ahead of Uber's Earnings Tuesday
- Uber Technologies (UBER) reports earnings Tuesday morning, with the ride-share giant looking to improve on its performance in the first quarter, when Uber reported a surprise loss due to over $700 million in adjustments related to the company's investments.
- 07/31/2024
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Uber, BYD partner to bring EVs to ride hailing platform globally
- Uber Technologies and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally.
- 07/31/2024
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Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-capable vehicles'
- Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday. The companies will also develop "autonomous-capable vehicles" for Uber's ride-hailing platform, the press release said.
- 07/31/2024
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Uber and BYD Partner to Accelerate Global EV Transition
- SAN FRANCISCO & SHENZHEN, China--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) and BYD Co. Ltd. today announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across key global markets. Beginning first in Europe and Latin America, the partnership is expected to offer drivers access to best-in-class pricing and financing for BYD vehicles on the Uber platform, and will expand to include markets across the Middle East, Canada,.
- 07/31/2024
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Uber Technologies (UBER) Stock Declines While Market Improves: Some Information for Investors
- Uber Technologies (UBER) reachead $63.76 at the closing of the latest trading day, reflecting a -0.99% change compared to its last close.
- 07/29/2024
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Calls of the Day: Charles Schwab, 3M and Uber
- The Investment Committee discuss the latest Calls Of The Day.
- 07/29/2024
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7 Risk-On Stocks to Buy as Rate Cut Fervor Intensifies
- For years following the worst of the COVID-19 crisis, the Federal Reserve wrestled with blistering inflation. Unfortunately, it was a necessary evil.
- 07/27/2024
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Food delivery fees are rising, and everyone's feeling the pinch
- Between the service fee, delivery fee and tip added up at checkout, the price of a meal on third-party delivery apps can be far higher than many consumers expect. Frustrations from both sides of the table have hit names like DoorDash, Grubhub and Uber Eats, which have introduced reduced-fee options for premium service users.
- 07/27/2024
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These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 07/26/2024
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Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers
- The California Supreme Court ruled Thursday (July 25) that gig workers can be classified as independent contractors, ending a long legal battle in the state.
- 07/25/2024
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Uber And Lyft Score Major Court Victory: California Drivers Will Remain Contractors, Not Employees
- Rideshare giants Uber and Lyft can continue to treat drivers as independent contractors in California, the state supreme court ruled on Thursday, notching a significant win for the rideshare apps, even as those companies face growing pushback from labor groups.
- 07/25/2024
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Uber, Lyft win major ruling in California as top court rejects bid to classify drivers as employees
- The court dismissed a lawsuit claiming the 2020 ballot measure known as Proposition 22, which preserves drivers' contractor status while granting them some benefits, was unconstitutional.
- 07/25/2024
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Uber, Lyft, DoorDash can continue to classify drivers as contractors in California
- The California Supreme Court ruled Thursday that Proposition 22 – the ballot measure that passed in November 2020 and classified app-based gig workers as independent contractors rather than employees – is here to stay.
- 07/25/2024
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Uber and Lyft Win California Ruling to Treat Drivers as Contractors
- Uber Technologies UBER 2.38%increase; green up pointing triangle, Lyft LYFT 0.44%increase; green up pointing triangle and other companies that depend on gig workers scored a victory with California's top court, affirming their independent-contractor model in the state, a decision that caps a yearslong legal battle over how their drivers should be classified.
- 07/25/2024
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California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors
- California's top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber and Lyft to consider drivers in the most populous U.S. state as independent contractors rather than as employees entitled to greater benefits.
- 07/25/2024
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3 Internet Services Stocks to Beat Earnings Estimates in Q2
- Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases.
- 07/25/2024
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These 2 Growth Stocks Are Finally Churning Out Profits
- Uber has bounced back from the pandemic while keeping a lid on costs, pushing operating profit into positive territory. Through layoffs and a push to grow its subscription business, Spotify is on its way to double-digit operating profit margins.
- 07/25/2024
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Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 07/24/2024
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Nvidia's Ownership Stake News Sent Serve Robotics Stock Soaring 233%. Should You Also Buy This AI Stock?
- Serve Robotics has platform-level integrations with the Uber Eats division of Uber and convenience store chain 7-Eleven. Serve Robotics stock is only suited for investors comfortable with high-risk stocks, as the company generates limited revenue and has significant losses.
- 07/23/2024
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3 Growth Stocks to Bet On for Market-Crushing Returns
- When preparing your finances for your retirement, growth stocks are one of the top “go-tos.” If they pan out as expected, they can provide a reliable base of money to pull from when needed.
- 07/23/2024
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Uber Technologies (UBER) Rises But Trails Market: What Investors Should Know
- Uber Technologies (UBER) concluded the recent trading session at $67.73, signifying a +0.62% move from its prior day's close.
- 07/22/2024
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7 High-Growth Stocks for the Speculating Investor
- While the slow-and-steady approach to market success is arguably the most sensible, investors must realize that the y-axis (the percentage gains and losses) is not the only plane of reality to consider. Instead, they should also monitor the x-axis or how much time it takes to extract positive returns.
- 07/22/2024
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Calls Of The Day: Uber, Lennar, NVR Inc and General Motors
- The Investment Committee debate the latest Calls Of The Day
- 07/22/2024
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Uber To Show Average Wait Times, Prices in Many Cities
- Uber Technologies (UBER) announced a number of new features Tuesday, including the ability for users to search what offerings are available in thousands of cities across the globe.
- 07/16/2024
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Uber now shows average wait time and cost for rides in thousands of cities
- Uber said that it will start rolling out the tool on Tuesday, and it will become available for all customers within the coming days. Riders will also have an option to make reservations for upcoming trips, Uber said in the announcement.
- 07/16/2024
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Grab's Path To Profitability Mirrors Uber's; We See Huge Upside In This Forgotten Stock
- Grab Holdings went public in 2021 as the 'Uber of Southeast Asia' but shares have dropped over 72% since the debut. The Company's financials are surging, and we see a path to bottom-line profitability by late this year or early 2025. With a reasonable-looking valuation, we see an inflection in profitability as a catalyst that could cause a re-rating in the stock to the upside.
- 07/16/2024
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Uber Technologies (UBER) Stock Slides as Market Rises: Facts to Know Before You Trade
- In the latest trading session, Uber Technologies (UBER) closed at $72.29, marking a -0.19% move from the previous day.
- 07/15/2024
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Uber Announces Date of Second Quarter 2024 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2024 financial results on Tuesday, August 6th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends to.
- 07/15/2024
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Tesla Threat Reduced For Uber And Lyft , Stocks Also Benefit from Higher Prices and Shorter Wait Times: Analyst
- Needham analyst Bernie McTernan reiterated Uber Technologies Inc UBER with a Buy and a $90 price target.
- 07/15/2024
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Uber's UK court win over tax on rival apps overturned on appeal
- Uber's 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.
- 07/15/2024
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Domino's Pizza Q2 Preview: Watch Out For Progress On Loyalty Program And Uber Partnership
- Domino's Pizza to release Q2 earnings on July 18. Q1 results beat expectations, Q2 expectations include revenue growth of 7.3%. Continued success of Domino's Rewards program and partnership with Uber Eats key factors to watch in Q2 report.
- 07/15/2024
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Is Most-Watched Stock Uber Technologies, Inc. (UBER) Worth Betting on Now?
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 07/12/2024
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Uber expands boat services in Europe this summer
- Uber has expanded its boat services by launching bookable boat taxis, cruises and a yacht in Europe for customers who are looking to elevate their vacations this summer.
- 07/11/2024
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Uber, Lyft Jump After Report Of Tesla's Robotaxi Delay
- Uber stock and Lyft shares both jumped after Bloomberg reported that Tesla plans to push back a much-heralded robotaxi event.
- 07/11/2024
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Uber Vs. Lyft In 2024: Which Is Gaining Momentum With Consumers?
- In the ongoing rivalry between Uber Technologies Inc UBER and Lyft Inc LYFT, recent consumer trends indicate a clear winner.
- 07/10/2024
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Buy alert: 2 Growth stocks with ‘strong buy' ratings for July 2024
- Growth stocks are companies experiencing rapid growth in their share prices, revenue, profits, or cash flow, outpacing the broader market. Investors target growth stocks for substantial price appreciation rather than dividend income.
- 07/10/2024
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The 3 Most Undervalued Growth Stocks to Buy in July 2024
- Today, I'll share three undervalued growth stocks to buy in July. I'll name these three undervalued growth stocks and explain the factors that led me to conclude they are undervalued.
- 07/10/2024
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Uber Technologies (UBER) Outperforms Broader Market: What You Need to Know
- In the closing of the recent trading day, Uber Technologies (UBER) stood at $71.32, denoting a +0.1% change from the preceding trading day.
- 07/09/2024
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Hong Kong Unveils Plan to Regulate Ride-Hailing Including Uber
- Hong Kong's Transport and Logistics Bureau has outlined long-anticipated plans to regulate ride-hailing services. Uber Technologies Inc. told Bloomberg it welcomes the government's direction.
- 07/08/2024
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S&P 500 Bull Market: 2 Growth Stocks to Buy in July and Hold for the Long Term
- The S&P 500 is up 16.8% so far in 2024, and a series of tailwinds could be aligning to propel it higher. This month, U.S. companies will start reporting financial results for the quarter ended June 30.
- 07/08/2024
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Uber: New Growth Engines Emerge, Big Buybacks Ongoing
- Uber shares initially performed well in the Industrials sector this year but saw a decline as the first quarter ended. Uber's Q1 results showed mixed performance, with challenges in Latin America but improvements in EBITDA margin and gross bookings. Uber's potential for increased revenue from advertising and new product offerings could drive growth in the future.
- 07/08/2024
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Uber Technologies: Delivery Is The Only Near-Time Growth Driver That Matters
- Last mile delivery is a key growth driver for Uber and DoorDash. But unlike DoorDash, Uber is showing strong profitable growth. Uber's Delivery business has seen rapid growth, outpacing overall Gross Bookings volume and increasing EBITDA by 173% y/y. Delivery now accounts for half of Uber's total Gross Bookings. Uber's robust growth in the Delivery segment, acquisitions, and network density position it for strong future performance, warranting a Strong Buy rating.
- 07/08/2024
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Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers
- Failed electric vehicle maker Fisker is seeking court approval to sell its inventory for cheap. Techcrunch reported its cars would be sold to American Lease for 20% of what others paid for them.
- 07/04/2024
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UBER Falls 14% From 52-Week High: Thinking of Buying the Dip?
- With UBER shares moving south lately, we assess the current positioning of the stock to determine if it's a good investment at this juncture.
- 07/03/2024
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Calls of the Day: Uber, Adobe, SLB, RTX
- The Investment Committee discuss the latest Calls Of The Day.
- 07/02/2024
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June 2024 New Analysts Cover Uber, TG Therapeutics, CarMax, And More
- 21 new analysts joined in June and are highlighted today. Each is introduced with some details on their first investment thesis on Seeking Alpha and their background. Analysts cover a range of sectors including biotech, technology, consumer staples, and real estate. Take a look for new authors to follow and investment ideas to consider.
- 07/02/2024
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Why Adobe and Uber are newly named top stock picks at Deutsche Bank
- As the third quarter kicks off, analysts at Deutsche Bank are feeling especially upbeat about shares of Adobe Inc. and Uber Technologies Inc.
- 07/02/2024
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Uber expands boat services across Europe to capture tourist demand
- Uber Technologies said on Monday it will bring a yacht service to Ibiza and will introduce different water-transport offerings to other European cities in an effort to address the robust demand stemming from tourism in the continent.
- 07/01/2024
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Airbnb, Uber and other gig workers help our economy — but government gets in the way
- Gig-economy firms and workers are like magicians and alchemists, only their tricks are real. Although physicists assure us that new matter cannot be created, the gig economy conjures up new supplies of stuff, thereby making the overall economy more flexible and pushing back against inflation.
- 07/01/2024
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2 Stocks That Could Crush the Nasdaq Over the Next Five Years
- Carnival benefits from a growing travel market and is focused on maximizing earnings growth to benefit shareholders. Uber has a great opportunity to expand margins from advertising, which could send the stock sharply higher over the next five years.
- 07/01/2024
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Uber and Lyft Agree to Raise Driver Pay in Massachusetts
- Ride-sharing companies Uber (UBER) and Lyft (LYFT) have been pushed to pay drivers more in states across the country, with the latest pay increases coming Thursday in Massachusetts.
- 06/28/2024
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Uber and Lyft agree to minimum pay and benefits for Massachusetts drivers
- Ride-share companies sign off on $175m settlement that will give workers paid sick leave and other protections
- 06/28/2024
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Uber and Lyft Settle Massachusetts Lawsuit, End Ballot Initiative
- Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office's multiyear litigation against the ridesharing companies. The settlement includes rules on wages, benefits and protections for drivers, the office said in a Thursday (June 27) press release.
- 06/28/2024
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Uber, Lyft agree to pay Massachusetts drivers $32.50 per hour to settle lawsuit
- Ride-share giants Uber Technologies Inc (NYSE:UBER, ETR:UT8) and Lyft Inc (NASDAQ:LYFT) have agreed to adopt a $32.50 hourly minimum wage for their drivers in Massachusetts and pay a $175 million penalty to settle a lawsuit brought on by the state's attorney general which alleged the companies violated its wage and hour laws. The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state, with at least $140 million to be paid to drivers, a court filing shows.
- 06/28/2024
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The 3 Smartest Transportation Stocks to Buy With $500 Right Now
- Finding the right transportation stocks to buy is more crucial than ever in today's interconnected global economy. That's because reliable transportation systems form the backbone of trade and mobility, making them indispensable to making money.
- 06/28/2024
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Are Uber and Lyft Still Top Stocks to Buy in 2024 Following the Minnesota Wage Issue?
- Minnesota's new wage law for ride-hailing drivers could affect Uber and Lyft, influencing pricing. Uber's robust market position and rising trip volumes make it a promising long-term investment in the ride-hailing industry, despite such challenges.
- 06/28/2024
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Uber and Lyft agree to pay drivers $32.50 an hour in Massachusetts settlement
- BOSTON — Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes a suite of benefits and protections.
- 06/27/2024
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Uber and Lyft Agree to Increase Driver Benefits in Massachusetts
- The deal, which includes a $175 million settlement with the state, keeps the drivers classified as independent contractors, not employees.
- 06/27/2024
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Uber, Lyft Agree to Minimum Wage, Other Benefits for Drivers in Massachusetts
- Uber UBER -0.72%decrease; red down pointing triangle Technologies and Lyft LYFT 0.45%increase; green up pointing triangle agreed to pay ride-share drivers in Massachusetts a minimum wage and give them other benefits while continuing to classify them as independent contractors, the latest development in the companies' nationwide fight to defend their gig-worker models.
- 06/27/2024
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Bullish on ABNB, SPOT, UBER
- Airbnb (ABNB), Spotify (SPOT), and Uber (UBER) are today's Big Three. Mike Shorr and Rick Ducat discuss the technical trends, as well as how to trade these stocks.
- 06/27/2024
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Uber Invites Consumers to Give up Car, Try Alternative Transportation
- Uber is inviting consumers to give up their personal car for five weeks and adopt a “car-light lifestyle.” The ride-hailing company will select up to 175 people in seven cities across the United States and Canada to participate in its One Less Car trial, Uber said in a Thursday (June 27) press release.
- 06/27/2024
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Uber will pay you to temporarily forgo your car
- In a creative marketing ploy, rideshare giant Uber plans to pay dozens of people across North America to forgo their car for five weeks and take alternate transportation.
- 06/27/2024
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Uber loses challenge to California gig work law in US appeals court
- Uber in a statement on Monday said the ruling would not change the status of its relationships with its drivers, who are considered to be contractors under a 2020 ballot initiative known as Proposition 22.
- 06/27/2024
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Uber pays US car owners to switch to other transport modes for five weeks
- Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it said on Thursday, in its latest effort to drum up business and help reduce emissions.
- 06/27/2024
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Uber Technologies (UBER) Stock Dips While Market Gains: Key Facts
- The latest trading day saw Uber Technologies (UBER) settling at $71, representing a -0.54% change from its previous close.
- 06/26/2024
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The 3 Smartest Restaurant Stocks to Buy With $1K Right Now
- Smart investors will watch restaurant stocks since the business is estimated to generate over $1 trillion in 2024. The industry is expected to gain 200,000 jobs this year, reaching 15.7 million.
- 06/26/2024
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Piper Sandler calls Uber a 'sleeping giant,' hikes price target
- Piper Sandler has raised its price target on Uber (UBER) from $86 to $88, calling the rideshare company a "sleeping giant" in its latest note. Piper Sandler Senior Research Analyst Tom Champion joins Catalysts to give insight to his call and why he is bullish on Uber.
- 06/26/2024
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Bango unveils strategic partnership with Uber
- Bango PLC (AIM:BGO, OTCQX:BGOPF) has announced a strategic partnership with Uber to expand the Uber One membership program globally. This partnership will launch in the United States, allowing Uber One to be bundled with mobile phone and broadband plans and offered through Bango's Digital Vending Machine (DVM).
- 06/26/2024
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2 Undervalued Growth Stocks to Buy Before They Soar 71% and 1,000%, According to Certain Wall Street Analysts
- Morgan Stanley analysts see material upside for Uber, and Ark Invest's valuation model implies jaw-dropping gains for Roku. Uber is the global market leader in ridesharing services, and it ranks second behind DoorDash in restaurant food delivery services.
- 06/26/2024
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Calls of the Day: Uber, Tesla & McDonald's
- The Investment Committee discuss the latest Calls of the Day.
- 06/25/2024
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Uber locking out NYC drivers to avoid paying them for ‘idle time'
- Uber drivers in the Big Apple are fuming over the move, saying their income has dropped by as much as 50%, according to Bloomberg News.
- 06/25/2024
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Uber Freight and self driving trucks startup Aurora partner for the long haul
- Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora's autonomous driving technology offered on the Uber Freight network through 2030.
- 06/25/2024
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Uber Responds to NYC Minimum Pay Rule With Driver Lockouts
- Uber has reportedly been locking out drivers from its app during periods of low demand over the past month in response to New York City's minimum pay rule. Lyft is threatening to adopt the same strategy, Bloomberg reported Monday (June 24).
- 06/24/2024
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Uber beats lawsuit alleging race bias in driver ratings
- A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory.
- 06/24/2024
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Uber: Headwinds Ahead, Reiterate Cautious Buy
- UBER's FQ1'24 performance remains robust with expanding adj EBITDA and Free Cash Flow margins, despite the paper losses observed in its investments. However, the recent pay raise in Minnesota (and likely, California) is likely to trigger either bottom-line headwinds or have impacted user retention rates, depending on the management's strategy. TSLA's upcoming Robo-Taxi event can not be ignored as well, since it remains to be seen if we may see an expanded partnership leveraging upon UBER's rideshare platform.
- 06/24/2024
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Monster insider trading alert for Uber (UBER) stock
- With the stocks of Uber Technologies (NYSE: UBER) stagnating in the past week after returning into the $70 area, albeit below this year's high of $81.39, certain insider transactions have caught the attention of outside observers, particularly the trades by Uber's CEO.
- 06/24/2024
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7 Travel Stocks Set to Soar as Americans Tap Into Their Hoarded PTO
- Revenge travel or the concept of making up for lost time due to the Covid-19 disruption may have expired. But that doesn't necessarily spell doom for travel stocks to buy.
- 06/24/2024
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7 Best Stocks For Magnificent Earnings Growth Next Year
- None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
- 06/20/2024
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Billionaires Are Deciding to Sell Shares of This Well-Known Stock
- Uber's financial results have been mostly impressive in recent years, and its valuation ratios are reasonable. Yet, several high-profile billionaire investors have recently sold large quantities of Uber and its peers.
- 06/20/2024
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UBER Enters Into Partnership With Discount Grocer Save A Lot
- UBER's deal with Save A Lot is in line with the steady growth exhibited by its grocery delivery business.
- 06/19/2024
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3 Transportation Stocks to Buy Now: June 2024
- The transportation industry is one that will always exist, and there will never be a time when it will not grow. People are always looking to travel more efficiently, and the push for innovation will continue.
- 06/19/2024
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Wall Street Favorites: 3 Travel Stocks With Strong Buy Ratings for June 2024
- Wall Street seems to be warming up to the travel stocks as vacationers put the finishing touches on their summer travel plans. In fact, many top travel stocks have been moving steadily higher in recent quarters, well ahead of the summer.
- 06/18/2024
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 06/18/2024
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Save A Lot Now Available on Uber Eats Across US
- Save A Lot shoppers can now leverage Health Benefits to shop on the Uber Eats and Postmates apps as more stores join the Uber marketplace this summer SAN FRANCISCO , June 18, 2024 /PRNewswire/ -- Today, Uber Technologies, Inc. (NYSE: UBER) announced the start of a new partnership with St. Louis-based Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations serviceable by Uber across 32 U.S. states. Over 150 Save A Lot stores will kick off the partnership that allows Save A Lot Retail Partners to add on-demand and scheduled delivery from the Uber Eats app.
- 06/18/2024
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Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi
- Autonomous trucking startup Waabi has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Nvidia is a new investor, with Porsche and the venture capital arm of Volvo also joining the deal.
- 06/18/2024
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Stack Capital Holding Omio Announces the Expansion of Its Partnership With Uber
- TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc. (TSX:STCK) is pleased to announce that Omio, Inc. (“Omio”), an existing portfolio holding and leading global platform for booking trains, planes, buses, and ferries, recently announced the extension of its strategic partnership with Uber Technologies, Inc. (NYSE:UBER) into Spain. Building on the success of its previous collaboration with Uber in the UK, the recent launch of Uber Train across Spain continues to redefine the landscape of multi-modal travel through a convenient door-to-door experience.
- 06/17/2024
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2 Top Stocks for Gen Z Investors to Consider Buying Now
- Ride-share companies like Uber offer convenience and, ultimately, customer control. Dutch Bros combines convenience and customization to tackle a vast and growing drink market.
- 06/13/2024
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Uber Advertising Announces Exclusive Partnership with T-Mobile Advertising Solutions
- SAN FRANCISCO & BELLEVUE, Wash.--(BUSINESS WIRE)--Today, Uber's advertising division announced an exclusive partnership with T-Mobile Advertising Solutions and its rideshare media network – Octopus Interactive – which features the largest national network of interactive video screens inside rideshare vehicles. Through this partnership, Uber will leverage a portion of T-Mobile's rideshare inventory to expand Uber's JourneyTV offering to over 50,000 vehicles across the US this year, providing adv.
- 06/13/2024
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3 Stocks to Sell Now Before Macro Pressures Hit
- Despite the best efforts of management, employees and investors, some companies simply cannot withstand certain macroeconomic pressures. In the case of the stock market and publicly traded companies, these kinds of pressures can highlight which stocks to sell.
- 06/13/2024
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Solera's Vehicle Solutions and Uber for Business Provide Unmatched Mobility Services for Dealerships
- WESTLAKE, Texas--(BUSINESS WIRE)--Solera, the global leader in vehicle lifecycle management software-as-a-service, data, and services, announced an exclusive rideshare collaboration with Uber for Business. In addition to rides, RedCap by Solera now offers access to parts delivery through Uber Direct. This collaboration enhances transportation solutions at up to 5,500 dealerships nationwide, enhancing customer experience, optimizing operational efficiency, and setting a new standard for comprehe.
- 06/13/2024
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DoorDash Faces the Might of Amazon and Uber. What It Needs to Do to Win.
- The company's expansion into groceries and other areas is leading it into more direct competition with the technology giants.
- 06/13/2024
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I spent a week on China's versions of E-Trade. Here's what I found.
- Wu Ming spent much of Tuesday sitting alone in his empty Beijing hair salon, trading stocks on his phone.
- 06/12/2024
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Final Trades: Datadog, Uber, the FEZ and the SPGI
- The Investment Committee gives you their top stocks to watch for the second half.
- 06/12/2024
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Uber To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Wednesday
- Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
- 06/12/2024
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Final Trades: Apple, Uber, Meta and the IDU
- The Investment Committee shares their top stocks to watch for the second half.
- 06/11/2024
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Uber Says Court Loss Doesn't Change California Gig Worker Law
- Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company's challenge to a California law that could force it to treat drivers as employees rather than independent contractors will have no impact.
- 06/10/2024
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Calls of the Day: AMD, American Express, Snowflake and Uber
- The Investment Committee discuss the latest Calls Of The Day.
- 06/10/2024
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Have You Heard? Billionaires Are Buying Up Shares of These 3 Stocks.
- Alphabet shares are the cheapest among the "Magnificent Seven." Multiple hedge funds have Uber Technologies inside their top 10 holdings.
- 06/09/2024
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How Does Autonomous Driving Factor Into Uber's (UBER) Outlook?
- Uber (UBER) shares are up more than 10% year-to-date. George Tsilis discusses the road ahead for Uber.
- 06/07/2024
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Why Is Uber (UBER) Up 1.4% Since Last Earnings Report?
- Uber (UBER) reported earnings 30 days ago. What's next for the stock?
- 06/07/2024
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Uber and Lyft made a deal to raise drivers' wages. It was another victory for big tech | Edward Ongweso
- Minneapolis cracked a deal with the companies, but it preserves integral parts of their model, allowing the firms to undermine the compromise later
- 06/07/2024
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Uber: Hold On To This Stock For Potential Double-Digit Returns
- Uber's valuation is slightly above industry peers, which trade at a median EV/Sales TTM multiple of 3.2x (vs 3.6x for Uber). Uber enjoys a strong Moat due to its size and platform-based business model, which results in a strong network effect and likely deserves a premium versus industry peers. There are strong arguments against a potential disruption of Uber's business model through autonomous driving, which will likely lead to higher customer engagement for Uber.
- 06/07/2024
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Your Best Option: Bill Baruch's options play in Uber
- Bill Baruch, Founder & President of Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest Uber trade.
- 06/06/2024
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3 Terrific Travel Stocks for Your Summer Must-Buy List
- As the summer of 2024 heats up, so does the travel industry, creating big opportunities for some of the best travel stocks to buy. This year, the travel sector offers a plethora of exciting opportunities for those looking to capitalize on the anticipated boom.
- 06/05/2024
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Albertsons and Uber Expand Program Delivering Surplus Food to Nonprofits
- Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. After being piloted in Washington, D.C.
- 06/04/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 06/04/2024
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Albertsons Companies and Uber Partner Together to Deliver Surplus Food to Neighbors in Need
- BOISE, Idaho & SAN FRANCISCO--(BUSINESS WIRE)--Albertsons Companies and Uber partner to donate surplus food from Albertsons Cos. stores to local non-profit organizations and food banks.
- 06/04/2024
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Retirement Rockets: 3 Growth Stocks to Propel Your Savings to New Heights
- Saving for your golden years generally follows the tried-and-true principle of acquiring passive income providers, but these retirement growth stocks can offer a twist to this narrative. Don't get me wrong: you should still stick with your bread and butter.
- 06/03/2024
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Aristocrats in Disguise: 3 Blue-Chip Stocks With Stealth Growth Potential
- Although there is no hard-and-fast rule about what constitutes a blue-chip stock, they all tend to have certain qualities. They are large, financially stable companies that have been through numerous business and economic cycles that proved their worth in the end.
- 05/31/2024
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Uber: (Growth) Driver Is Late But On The Way Nonetheless, Maintain Buy
- Uber's 1Q24 earnings report showed a decline in mobility gross bookings but better growth in delivery gross bookings. I think Uber's diversified revenue streams (mobility and delivery) will alternate to support outperformance during downturns in either segment. The disappointing losses and outlook this quarter are temporary headwinds, in my opinion, and have now been recognized by the market.
- 05/31/2024
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4 Key Takeaways From Costco's Earnings Call
- After Costco Wholesale (COST) reported fiscal third-quarter earnings that beat analysts' estimates, executives joined the company's earnings call Thursday to discuss its membership pricing, digital sales growth, its recently expanded partnership with Uber (UBER), and how lowering prices has affected discretionary spending, among other things.
- 05/30/2024
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
- Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics in Paris.
- 05/29/2024
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Over 10,500 London Cabbies Sue Uber Amid Allegations Of Rule-Bending As Stock Tumbles 21% - Uber Technologies (NYSE:UBER)
- At the beginning of the month, over 10,500 London black-cab drivers launched a significant £250 million lawsuit against Uber Technologies Inc UBER. They accuse Uber of breaking taxi booking rules and misleading authorities to get its operational license from 2012 to 2018.
- 05/28/2024
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2 Growth Stocks With Great Potential in 2024 and Beyond
- Taiwan Semiconductor is poised for strong growth as spending ramps up for AI-optimized data centers. Uber is seeing strong demand on its platform -- and delivering results where it counts.
- 05/27/2024
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Uber Could Lead In Autonomous Taxis Alongside Tesla And Waymo
- Uber's autonomous taxi infrastructure relies on its partnership with Aurora. This strategic investment could improve Uber's operating margins long term, compared to Tesla and Waymo. In 10+ years, autonomous vehicles may dominate, with Uber's fleet primarily autonomous. This shift should lower taxi prices and attract more customers, significantly benefiting Uber financially. Despite being overvalued, Uber's stock sentiment should rise in the next 10 years as autonomy advances. Investing now could yield long-term rewards, despite potential short-to-medium-term volatility.
- 05/24/2024
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 05/24/2024
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Seattle resident files FTC complaint alleging Uber, DoorDash mislead customers with ‘junk fees'
- A new complaint asks the Federal Trade Commission to investigate fees that Uber and DoorDash added to customer orders in Seattle following the implementation of a minimum wage law earlier this year.
- 05/23/2024
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Bill Ackman slams Uber for ‘ripping off NYC cab driver' who said company doesn't let him keep tips
- Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips.
- 05/23/2024
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Lightspeed Announces Partnership With Uber Direct and Uber Eats Marketplace
- Partnership provides Lightspeed hospitality merchants with direct access to Uber's extensive delivery network MONTREAL, QC , May 23, 2024 /PRNewswire/ - Lightspeed Commerce Inc. (NYSE: LSPD) | (TSX: LSPD) the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, and Uber (NYSE: UBER) today announced a new North American partnership to directly integrate Uber Direct and Uber Eats marketplace into Lightspeed's platform. Through the partnership, Lightspeed will have built-in integrations with the Uber Eats marketplace and Uber Direct, Uber's white-label delivery facilitation service, enabling Lightspeed merchants to: List their menu offerings on and take orders from the Uber Eats marketplace, which is accessed by millions of monthly active platform consumers; and Take orders from their own branded website through Lightspeed's Order Anywhere, then access delivery via Uber Direct, allowing them to pay only the associated delivery fee without the added cost of developing their own custom delivery fleet.
- 05/23/2024
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Uber and Lyft's ride-hailing deal with Minnesota comes with a cost
- Uber and Lyft drivers in Minnesota will see higher pay thanks to a deal between the state and the country's two largest ride-hailing companies. The upshot: a new law that gives some protections to drivers while placing limits on state government.
- 05/21/2024
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California Supreme Court to Hear Challenges to Gig Worker Law
- On Tuesday (May 21), the California Supreme Court will hear oral arguments in a lawsuit challenging a ballot measure known as Proposition 22.
- 05/21/2024
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1 Extraordinary Stock That Could Turn $200,000 Into $1 Million by 2034
- Uber operates ride-hailing, food delivery, and commercial freight platforms. Uber's businesses could benefit from autonomous vehicles, because they potentially eliminate its single largest cost.
- 05/21/2024
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Uber, Lyft won't leave Minnesota after all — and its drivers are getting a raise
- ST. PAUL, Minn. — Ride-hailing companies Uber and Lyft said Monday they will keep operating in Minnesota now that state lawmakers have passed a measure that will increase driver pay, but at a lower rate than approved by Minneapolis officials earlier this year.
- 05/20/2024
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3 Meme Stocks to Buy on the Dip: May 2024
- Meme stocks have gained significant attention on Wall Street, with individual investors coordinating their buying efforts on social media platforms like Reddit's r/WallStreetBets forum. While some may view this trend as irrational, there are reasons behind the interest in certain companies.
- 05/20/2024
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Nearshoring to Continue Boosting Cross-Border Trucking in 2024
- Nearshoring to continue boosting cross-border trucking in 2024 With ongoing economic tensions between the United States and China, companies looking to relocate parts or all of their supply chains continue to look to Mexico, according to data compiled by Uber Freight. The managed transportation and freight technology provider recently released its "Q2 Market Update & Outlook Report" which discusses the biggest economic trends impacting supply chains. The report sees continued resilience in cross-border trade between the U.S. and Mexico, boosted by nearshoring. "The nearshoring continues to bring new companies to Mexico" Ben Enriquez, Uber Freight's head of Mexico logistics and customs, told FreightWaves. "What we're seeing right now is that there are a lot of companies that are still being established in Mexico. Many companies that last year confirmed that they were going to come to Mexico and establish themselves are settling in, and they are building factories, they are building warehouses." According to Mexico's secretary of the economy (SE), there were 378 foreign direct investment (FDI) announcements last year, totaling over $6.4 billion. Private sector businesses from the U.S. were the top investors in Mexico, accounting for 38% of FDI. China was ranked second at 12%, followed by Denmark (9%), Australia (7%) and South Korea (6%). Mexico hit a new record for FDI in the first quarter of 2024, increasing 9% year over year to $20.3 billion, according to SE. Enriquez said while nearshoring continues to flourish in Mexico, many factories and facilities are still under construction, which could play a large role in cross-border capacity down the road. "Now, we have not seen the full effect of nearshoring, because there are many companies that are in the process of expanding or in the process of opening new facilities" Enriquez said. "That means that they have to get the land, build and hire people, and bring the machinery. It's a two-to-three-year process. In the U.S., commercial transportation is soft. But we're starting to see new customers that are shipping to the U.S. We're going to continue seeing that." Last year, Mexico replaced China as the top U.S. trading partner. Trade between the U.S. and Mexico totaled $798 billion in 2023. In the first quarter of 2024, trade between Mexico and the U.S. totaled $200.1 billion, a 1.7% year-over-year increase. Enriquez said while Uber Freight expects to see more exports from Mexico to the U.S. this year, headwinds to cross-border freight movements include driver shortages in Mexico, as well as continued cargo theft across the country's roadways. "Historically, Mexico did not have driver shortages, but three or four years ago, the shortage started and was even more pronounced because many of the domestic Mexico drivers started to get their B-1 visa permits" Enriquez said. "They started driving for B-1 carriers, and the B-1 carriers started ramping up operations at U.S.-Mexico border crossing points. Many of the drivers that were driving in from Mexico are now driving for U.S. companies." Mexico's trucking industry currently has as many as 56,000 unfilled driver positions, a 9% year-over-year increase compared to the same period in 2023, according to a recent report from the International Road Transport Union. "Mexican trucking companies are losing drivers to the U.S. because they are getting paid three to four times more than what they get paid for domestic driving" Enriquez said. "Mexican carriers have had to increase salaries to try to keep their drivers. We continue to see that as a problem. Some states like Nuevo Leon and cities like Monterrey that in the past didn't have those issues, now they have them. We talked to our carrier partners, and we know that they're struggling with drivers." Cargo security also continues to be a major issue for the freight transport industry in Mexico. In April, Mexico averaged about five cargo truck thefts per day, totaling 153 incidents across the country's roadways, according to the National Association of Vehicle Tracking and Protection Companies (ANERPV). Tractor-trailer thefts in April increased 7.7% from the same month last year. ANERPV reported a total of 546 tractor-trailer thefts from January through April, a 5% year-over-year increase. Enriquez noted that while cargo security is a problem in the U.S. and Mexico, the key distinction is the use of violence. "The big difference between the U.S. and Mexico is that in the U.S. there's identity theft; it's more technological" Enriquez said. "In Mexico, they hijack the trucks. They are stopped by two or three cars by people with guns. They jam the GPS, they take the truck. We're seeing some gangs that are dedicated to getting some specific goods from factories and reselling them." To secure cross-border capacity as demand increases over the next several quarters, Uber Freight recommends shippers form long-term commitments with carriers. "I would say there is still capacity available and there are good carriers out there that can provide capacity service" Enriquez said. "This is a good time to negotiate long-term rates that are decent rates for carriers. I have always recommended diversified modes of transportation, like intermodal." Mexico's trucking industry currently has as many as 56,000 unfilled driver positions, according to the International Road Transport Union. (Photo - Jim Allen/FreightWaves) Careismatic Brands to close two Dallas distribution hubs, lay off 404 employees Careismatic Brands is permanently closing two distribution centers in Dallas and laying off 404 workers, according to a filing with the Texas Workforce Commission. The company cited "changing business needs" for the closure of the two facilities. The distribution hub's closure comes just over a year after the medical apparel seller consolidated its shipping operations in Dallas. The facility was intended to centralize the manufacturer's distribution in the U.S., Mexico, parts of Canada and Latin America. California-based Careismatic Brands is one of the largest makers of medical apparel and school uniforms and employs over 700 people in six countries. ITS Logistics to open office in Fort Worth ITS Logistics will open an office in Fort Worth, Texas, for its newly released ContainerAI container management and visibility platform. The Fort Worth City Council recently voted to approve a three-year grant of up to $847,500 to ITS Logistics, according to Forth Worth Report. In return for the grant, ITS Logistics is required to lease at least 15,000 square feet of office space by June 30 and invest $1 million in the facility. The company also must create between 250 and 339 full-time jobs by Dec. 31, 2027. ContainerAI is an AI-driven offering aimed at providing network engineering, specialized industrial services, drayage, intermodal, cross dock and container management solutions to customers in every major port and rail market across North America. Reno, Nevada-based ITS Logistics is a 3PL providing supply chain solutions across the U.S. Aztema begins construction of $240M tire plant in Mexico Aztema Rubber and Tire Manufacturing recently began construction of a $240 million tire manufacturing facility in the Mexican city of Irapuato, according to Cluster Industrial. The factory will create a total of 1,400 direct and indirect jobs. The facility will have an annual production capacity of 6 million semi-steel radial tires. Construction is scheduled to be completed by the end of the year. Aztema is a joint venture between China-based Sailun Tire and Mexico-based Tire Direct. The joint venture was announced in December. Sailun Tire is based in Qingdao, China, and manufactures tires for passenger and commercial vehicles. Tire Direct is based in Leon, Mexico. The company is one of Mexico's largest tire distributors. The post Borderlands Mexico: Nearshoring to continue boosting cross-border trucking in 2024 appeared first on FreightWaves.
- 05/20/2024
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British stocks represent golden buying opportunity, says HSBC
- British stocks represent a golden buying opportunity after a wave of selling by UK pension funds comes to an end, HSBC said. Bargain basement prices for UK listed companies and expectations that defined benefit pension funds will be lured back to British stocks has prompted the bank’s researchers to urge clients to shift more money into the London market. The optimistic outlook is a major boost for the UK stock market, which has been mired in gloom due to a lack of flotations and companies quitting for New York and Frankfurt. British pension funds have pulled an estimated £1.9 trillion from the market over the past three decades, according to HSBC, but the trend is set to reverse. “The long-term structural overhang of UK pension fund selling is at an end; they simply have no more UK equities left to sell,” the bank’s research team said. Labour victory in the upcoming General Election is also unlikely to unsettle the stock market. The bank’s upgrade on UK stocks, from neutral to overweight, means investors should consider putting a greater proportion of their investment portfolio into the UK. The move is at odds with Coutts, the King’s bank, which last month decided to go underweight UK equities and pull £1.9bn from the stock market. HSBC is one of the most closely followed equity strategists globally and a positive re-rating could prompt more money to flow into the London market. Allocations to UK equities by pension funds have fallen from 53pc in 1997 to around 4pc today. HSBC expects allocations to increase rather than decline further after the government urged pension funds to spend more on UK equities. The UK is also cheaper than other global benchmarks, with the discount to the US stock market 23pc wider than normal. A boom in M&A, including a flurry of takeovers such as the Darktrace and BHP’s £34bn bid for Anglo American, is also likely to cause more stockpickers to flood into the market in hopes of more dealmaking. HSBC also upped its target for where the FTSE 100 will end the year to 8,750 from 8,100. The index closed at 8,424 today. The bank last upgraded the UK from underweight to neutral in September 2023. Read the latest updates below. Thanks for joining us today on The Telegraph’s Markets blog. Chris Price will be up early in the morning tomorrow to report on the latest from the City ahead of the London Stock Exchange opening. In the meantime, I’ll leave you with the new that the City minister has warned that Britain cannot afford to turn its back on Chinese money. Michael Bow reports: Read the full story... British stocks represent a golden buying opportunity after a wave of selling by UK pension funds comes to an end, HSBC said. Bargain basement prices for UK listed companies and expectations that defined benefit pension funds will be lured back to British stocks has prompted the bank’s researchers to urge clients to shift more money into the London market. The optimistic outlook is a major boost for the UK stock market, which has been mired in gloom due to a lack of flotations and companies quitting for New York and Frankfurt. British pension funds have pulled an estimated £1.9 trillion from the market over the past three decades, according to HSBC, but the trend is set to reverse. “The long-term structural overhang of UK pension fund selling is at an end; they simply have no more UK equities left to sell,” the bank’s research team said. The bank’s upgrade on UK stocks, from neutral to overweight, means investors should consider putting a greater proportion of their investment portfolio into the UK. The move is at odds with Coutts, the King’s bank, which last month decided to go underweight UK equities and pull £1.9bn from the stock market. HSBC is one of the most closely followed equity strategists globally and a positive re-rating could prompt more money to flow into the London market. Allocations to UK equities by pension funds have fallen from 53pc in 1997 to around 4pc today. HSBC expects allocations to increase rather than decline further after the government urged pension funds to spend more on UK equities. The UK is also cheaper than other global benchmarks, with the discount to the US stock market 23pc wider than normal. Shares in the London-listed video game company Keywords Studios rose by almost 60pc on Monday after it said it was prepared to accept a £2.2bn European private equity takeover. James Titcomb and Adam Mawardi report: The FTSE 100’s rise is currently limited by “range-bound” trading, an analyst has said, referring to when share prices seem to be limited by some market resistance against further rises (or big drops). Chris Beauchamp, chief market analyst at IG, said: A Wall Street trader who was an inspiration for Gordon Gekko in the film Wall Street has died, the New York Times has reported. Ivan Boesky, 87, became worth hundreds of millions of dollars in the mid-80s prior to his downfall. In The Telegraph’s list of stock market scandals: The FTSE 250 rose 0.6pc today, while the big-cap FTSE 100 was virtually unchanged, up 0.05pc. Among the 100 biggest companies listed in London, the top riser was Rolls-Royce, up 4.5pc after doing a £15m deal to trial manufacturing techniques for mini-nuclear reactors in Sheffield, which investors have seen as encouraging. Rolls was followed by mining company Fresnillo, up 4pc. At the other end of the leader board, easyJet dropped 3.2pc, followed by Burberry, down 3pc. Amoung the FTSE 250, IT firm Kainos rose the most, up 17.3pc, followed by Wag Payments, up 10.7pc. The biggest faller was events business Ascential, down 37.8pc, followed by Octopus Renewables Infrastructure, down 2.5pc. A top Anglo American shareholder has thrown its weight behind the miner and its plans to slim down as Anglo attempts to stave off a takeover from rival BHP, according to an FT report. Anglo is racing to convince shareholders that its continued independence is in their interests by planning a break-up plan that will see some of its units, including the De Beers diamond business, sold off. Legal & General Investment Management, which is one of the miner’s top 10 investors with 2pc of the shares, is backing Anglo American’s management. Nick Stansbury, head of climate solutions at LGIM, told the FT: Rolls-Royce has signed a £15m deal with Sheffield University to trial manufacturing techniques for small modular reactors (SMRs), in the latest step towards making cheap nuclear power a reality. Industry editor Matt Oliver reports: Read the full story... A centre-Left think tank is urging Sir Keir Starmer to introduce “fairness taxes” to fuel the construction of hundreds of thousands of houses. The Social Market Foundation said that Labour was missing a promise on its pledge card around social housing, noting that last year only 9,561 social homes were built in England, while 22,023 were sold or demolished. It said that new taxes could help build hundreds of thousands of new homes. The think tank said: Artificial intelligence is already so useful in financial services that it’s saving some bankers two to four hours of grunt work a day, JP Morgan has said. Mary Erdoes, chief executive of the banking giant’s asset and wealth management division, told Bloomberg that AI is eliminating “no joy work”. She is now giving every new employee training in AI and the bank cuts down on “hunting and pecking”. Recovery teams refloated a huge cargo vessel impeding shipping in the Port of Baltimore this morning and led it to a local marine terminal after a successful effort to make the container ship buoyant at about 11:40am (BST). The removal of the Dali marked a significant step in the Port of Baltimore’s recovery from the boat’s March 26 collision with one of the harbour bridge’s support pillars. The bridge’s collapse killed six road workers and hindered traffic through the busiest port for car shipments in the US. Wes Moore, Maryland governor, told NBC on Sunday that workers were on track to completely clear the channel this month, which would restore full access to the port. Auditors failed to sound the alarm for three quarters of UK companies that collapsed over the past decade, a new study shows. Michael Bow reports: As we reported earlier today, the Government announced it will set up an independent UK Semiconductor Institute to promote Britain’s semiconductor sector. It follows the Government saying last year that it wanted to “support the competitiveness of the semiconductor manufacturing sector that is critical to the UK tech ecosystem or the UK’s national security”. But concerns have been growing more widely in the West over the need to maintain a manufacturing base for key technologies. It’s not just chips. On Friday, Alicia Kearns MP, chairman of the Commons foreign affairs select committee, urged action on critical minerals, which are used in electric car batteries, amid news that China had made a major breakthrough in battery technology. Robert Clark, an Armed Forces veteran who is a senior fellow at the think tank Civitas, told The Telegraph: The UK and Finland have signed a new partnership agreement vowing continued support for Ukraine and declaring Russia the most significant and direct threat to European peace. Foreign Secretary Lord Cameron shook hands on a deal with his Finnish counterpart Elina Valtonen which also outlines the shared ambition to scale up collaboration on science and technology, trade and investment and tackling illegal migration. That is all from me today but Alex Singleton will keep a close eye on the markets and keep you up to speed with developments. The developer of ChatGPT is to disable one of its voices after users pointed out similarities to Scarlett Johansson’s character in the science fiction film Her. Our technology editor James Titcomb has the latest: The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official has said. The Fed has raised interest rates to a 23-year high and held them there as it looks to bring inflation down to its long-term target of 2pc. But despite significant progress last year, the Fed’s inflation fight has faced a setback this year, with the rate at which consumer prices are rising accelerating again in the first quarter. Speaking at a conference in Florida, Fed vice chair for supervision Michael Barr said the bank had made “tremendous progress” in bringing inflation down from its 2022 peak, while unemployment - the other leg of its dual mandate - had remained low. “We are not yet all the way to our target of 2pc,” he said in prepared remarks, noting the “disappointing” recent inflation data. He added: The main US stock indexes were almost flat at open as investors awaited quarterly results from tech giant Nvidia, which are expected to move markets. The Dow Jones Industrial Average fell 13.83 points, or less than 0.1pc, at the open to 39,989.76. The S&P 500 opened higher by 2.08 points, or less than 0.1pc, at 5,305.35, while the Nasdaq Composite gained 16.06 points, or 0.1pc, to 16,702.02 at the opening bell. Crown Prince Mohammed bin Salman sees aviation as a key component of his “Vision 2030” reform agenda to remake the petroleum-centred economy. The country aims to more than triple annual traffic to 330 million passengers by the end of the decade. Vision 2030 “motivated our decision to secure this significant deal, which will create jobs, increase local content and contribute to the national economy,” Saudia Group director general Ibrahim Al-Omar said in the statement. Last year Saudia announced a deal to buy 39 Dreamliner planes from Boeing with options for 10 more. Riyadh Air, unveiled in March 2023, announced an agreement to buy 39 Boeing Dreamliners, with options for 33 more jets. Saudi Arabia is also launching NEOM Airlines, to be based in the planned megacity. BT has admitted it still does not know how many vulnerable customers are affected by the digital landline switchover, as it delayed the plan because of safety concerns. Our reporter James Warrington has the details: Read on for a guide to the “big switch”. The pound has slipped slightly against the dollar as investors await the crucial inflation figures due on Wednesday. Sterling was last down 0.1pc at just under $1.27, having strengthened significantly last week. The pound has risen 2.9pc over the last month and was boosted by lower-than-expected US inflation figures last week, which boosted hopes of interest rate cuts by the US Federal Reserve. Sterling was up 0.1pc against the euro, which is worth 85p. Saudi Arabia has signed one of the biggest aircraft deals in the kingdom’s history as it sets out to challenge Qatar and Emirates’ dominance in the Gulf. Flagship carrier Saudia has ordered 105 Airbus planes in what it called a significant moment not only for the Saudi aviation industry but also for the wider Middle East and North Africa region”. It marks a further investment by Saudi airlines more than a year after new carrier Riyadh Air was unveiled. Both Saudia and Riyadh are owned by the oil-rich state. Saudi authorities have also announced plans for a large new airport in the capital Riyadh capable of accommodating 120m passengers a year. Jeddah-based Saudia, also known as Saudi Arabian Airlines, dates to 1945 when it received its first jet, a gift from US president Franklin Roosevelt. The state-owned carrier is expected to increasingly concentrate its operations out of Jeddah once Riyadh Air begins its flights, a milestone expected next year. Eight billion euros are waiting to help rebuild Britain’s energy systems – but it could all flow to European rivals unless ministers start making decisions on our future electricity supplies, a leading energy boss has warned. Our energy editor Jonathan Leake has the details: These charts show Britain’s progress towards its net zero targets. Ofcom’s ruling the GB News broke impartiality rules with a programme featuring Rishi Sunak is “one for GB News to respond to” in the first stance, the Prime Minister’s official spokesman said. GB News has accused Ofcom of a “terrifying” attack on democracy after the regulator threatened the startup broadcaster with a fine. The PM’s spokesman said: An independent institute to oversee national strategy on expanding the UK’s semiconductor industry is to be created, the Government has announced. The UK Semiconductor Institute will bring together the Government, university researchers and the private sector to oversee growth in the computer chip sector, the Department for Science, Innovation and Technology (DSIT) said. The increasing global reliance on technology has seen semiconductors become recognised as an area of global strategic significance, with the rise of artificial intelligence already sparking further demand for more powerful chips. Currently, production in the sector is dominated by Taiwan, but last year the Government launched a £1bn strategy to boost UK innovation. DSIT said the new institute would be tasked with ensuring chip researchers have the tools and infrastructure needed to carry out their work and create market-ready products. It would also act as an entry point for tech businesses and international partners who wish to work with the UK market around the technology. US stock indexes edged higher in premarket trading ahead of likely tests from Nvidia’s quarterly results and the Federal Reserve’s policy meeting minutes. All the three major indexes marked their fourth straight week of gains on Friday as upbeat corporate earnings and softer-than-expected inflation data supported hopes for interest rate cuts this year. Both the benchmark S&P 500 and the tech-heavy Nasdaq touched an all-time high last week, while the blue-chip Dow closed above the 40,000 level on Friday. Investors are keenly awaiting quarterly results from artificial intelligence (AI) chip leader Nvidia and minutes of the Fed’s latest monetary policy meeting, both scheduled for Wednesday. In premarket trading, the Dow Jones Industrial Average was flat, the S&P 500 was up 0.1pc and the Nasdaq 100 was up 0.2pc. Gas prices have risen amid the potential for turmoil in the Middle East following a helicopter crash which killed Iran’s president and foreign minister. Europe’s benchmark contract rose as much as 3.9pc in the wake of deaths of Ebrahim Raisi and Hossein Amir-Abdollahian. Prices were already rising amid what Citi described as “red hot demand” from Asia amid record-setting heatwaves, driving up demand for energy to power air conditioning. The UK equivalent gas contract has risen as much as 4.3pc. GB News has accused Ofcom of trying to “silence” the channel by not allowing the “public to question politicians directly” after the regulator ruled that it broke due impartiality rules with the broadcast of an episode featuring Rishi Sunak. People’s Forum: The Prime Minister was a live hour-long programme on February 12 at 8pm and aired ahead of this year’s expected general election. In a statement, GB News said: GB News also called itself the “people’s channel” and the “independently selected group of undecided voters” questioned Mr Sunak “robustly, intelligently, and freely”. The channel also said that the Ofcom ruling was a “watershed moment that should terrify anyone who believes, as we do, that the media’s role is to give a voice to the people of the United Kingdom”. GB News faces a sanction from the media regulator after it found that the broadcaster broke impartiality rules. Ofcom said it is “starting the process for consideration of a statutory sanction against GB News” after finding that a “People’s Forum” programme featuring Rishi Sunak represented “a serious and repeated breach”. Ofcom received 547 complaints about the live, hour-long programme broadcast in February, in which the Prime Minister took part in a question-and-answer session with a studio audience about the Government’s policies and performance. The Bank of England is on course to cut interest rates as soon as this summer, its Deputy Governor has said. Our deputy economics editor Tim Wallace has the details: Ryanair is being forced to sell tickets at a discount in the face of lower than expected demand from summer holidaymakers. Our transport industry editor Christopher Jasper has the details: Read how demand has been softer than expected. Shares in video games services company Keywords Studios rocketed in early trading after it said it is in advanced talks to be taken private in a £2bn deal that delivers another blow to the City. The company - which has worked on Fortnite, Call of Duty and Baldur’s Gate 3 - was up as much as 69.9pc to just below £2.50 after it confirmed the discussions about a possible £2.55p per share with European private equity group EQT. Keywords Studios, established in 1998, floated in London in 2013. Bosses said they were minded to accept EQT’s possible offer, having previously rejected four prior proposals. The company said the latest offer represents a “significant increase from the initial proposal”. It comes amid a flurry of foreign investor interest in UK companies amid suppressed market valuations in the City. Last month, US private equity group Thoma Bravo agreed to buy UK cybersecurity company Darktrace for about £4.2bn. Victorian Plumbing has bought its arch rival online bathroom retailer Victoria Plum in a deal worth £22.5m. The takeover comes just over six months after Victoria Plum plunged into administration and was bought in a so-called pre-pack deal to AHK Designs. Victorian Plumbing said a cost-cutting plan was already under way at Doncaster-based Victoria Plum, given its recent administration process. It brings together the two long-standing rivals, which met in court over a trademark dispute eight years ago. Mark Radcliffe, chief executive of Victorian Plumbing, said the deal was “another exciting strategic milestone” for the company. “The acquisition aligns with our ambitions to accelerate our growth,” he said. “We are pleased to welcome the existing Victoria Plum team to our group and look forward to continuing to provide customers with a fantastic range of bathroom products and accessories.” Victorian Plumbing is headquartered in Skelmersdale, Lancashire, and employs 600 staff across nine sites in Lancashire, Manchester and Birmingham. The firm said it expects Victoria Plum to “broadly” break even in the second half of 2024. Uber is making £5,000 grants available to its drivers in London who switch to an electric vehicle (EV). The ride-hailing app company announced the measure to help it meet its previous commitment that all Uber vehicles in the capital will be fully electric by the end of 2025. Drivers can spend their grant cash as a lump sum on an EV purchase, or on weekly payments for rental or rent-to-buy agreements. Uber has also secured discounts of £12,000 to £17,000 on selected EVs for its drivers. Around a quarter of miles for Uber journeys in London are in electric cars. There are more than 100,000 Uber vehicles in the UK, with around half in London. Uber’s UK general manager Andrew Brem said: Mining behemoth BHP must overcome major hurdles to salvage its faltering pursuit of rival Anglo American, analysts have said, as a midweek deadline for its takeover bid approaches. UK-listed Anglo American has already knocked back two attempts by the Australian giant, which has until 5pm on Wednesday to up its offer, walk away, or launch a hostile takeover at enormous risk. Any deal between two of the world’s largest resources companies would fundamentally reshape the sector, with far-reaching consequences for commodities markets and the global energy transition. The latest bid sits at £34bn, which would rank as one of the largest mining deals ever seen. MineLife analyst Gavin Wendt said Anglo American’s disinterested board had kept the larger competitor at bay for now. He said: The FTSE 100 has moved higher in early trading amid a boost from metal miners after gold and copper hit record highs overnight. The blue-chip FTSE 100 was up 0.3pc, while the mid-cap FTSE 250 climbed 0.4pc. Precious metal miners and industrial metal miners led gains, as gold prices surged and copper hit an all-time peak. Safe-haven gold rose after a helicopter crash which killed Iran’s president, while copper has been boosted by China rolling out property stimulus measures and upbeat industrial output data. There are also concerns about supply. Traders are looking forward to a speech later by the Bank of England’s Deputy Governor Ben Broadbent, which could offer clues that could signal the timing of the first interest rate cut. In corporate news, shares of AstraZeneca lost 0.5pc as the pharma giant announced plans to build a $1.5bn (£1.2bn) manufacturing facility in Singapore. Keywords Studios jumped 63.3pc as European private equity group EQT entered advanced talks to buy the Dublin-based video game services company for £2.2bn. The price of oil has inched upwards after the crash which killed Iran’s president. Brent crude, the international benchmark, rose 0.4pc to a one-week high of $84.33 after the aircraft came down in a mountainous area in Iran’s East Azerbaijan province. The Middle East also faces potential turmoil from Saudi Arabia. Crown Prince Mohammed bin Salman postponed a planned four-day trip to Japan due to concerns over the king’s health. News of the cancellation came after the state-run Saudi Press Agency reported that Prince Mohammed’s father, King Salman Bin Abdulaziz, is suffering from inflammation of the lung and will be receiving antibiotics at Al Salam Palace in Jeddah. MBS, who handles most day-to-day affairs in the kingdom, is next in line to the throne. Warren Patterson, head of commodities strategy for ING, said: The FTSE 100 began the week higher as investors await key inflation figures this week which could pave the way for the Bank of England to cut interest rates. The UK’s blue-chip stock index rose 0.2pc to 8,440.50 while the midcap FTSE 250 has risen 0.4pc to 20,831.97. The latest inflation figures, which are expected to show a sharp drop towards the Bank of England’s 2pc target, will be published on Wednesday. The value of one of Britain’s most prominent shopping centres has been cut in half in less than a decade, as British Land sold its stake in the site for £360m deal. The commercial property developer has sold its share in the Meadowhall Shopping Centre in Sheffield to Norway’s sovereign wealth fund. Together with the £7m sale of some land earlier this year, the deal values the 200-acre Meadowhall estate, which sits next to the M1 motorway, at £734m in total. Norway’s sovereign wealth fund originally invested in the shopping centre in 2012, buying a 50pc stake in a deal which valued the site at £1.5bn. British Land said the sale was in line with its aim to shift away from covered shopping centres in favour of investing in retail parks. Simon Carter, chief executive of British Land, said: AstraZeneca has announced plans to build a $1.5bn (£1.2bn) factory in Singapore as the drugs giant expands its manufacturing footprint around the world. The plant will be Astra’s first antibody drug-conjugate facility to produce the medicines from start to finish. It is part of a global shift by drugmakers to ensure they have local manufacturing capacity for their products. The company two months ago committing to a new £650m vaccine factory in Liverpool. Ryanair said it was “cautiously optimistic” that air fares will not rise sharply this summer season despite it receiving fewer new planes than expected. The Irish carrier revealed profits grew by 34pc to a record €1.9bn (£1.6bn) last year. Ryanair said it would be 23 jets short of the number Boeing was due to deliver by the end of July and there remained a risk - although “unlikely” - that deliveries could slip further. It also revealed that former home secretary Amber Rudd would join the company as a non-executive director. Ryanair chief executive Michael O’Leary warned two weeks ago that summer airfares would likely be lower than the 5pc to 10pc rise it expected as recently as late April. The airline said on Monday its weaker forecast was “heavily dependent” on last-minute summer bookings. The low-cost carrier flew a record 184m passengers in the year to the end of March. It also announced a €700m share buyback that it said it would formally launch later this week. Gold was not the only metal hitting record highs overnight. Copper jumped to a fresh all-time peak amid expectations that increased demand will lead to supply shortages. The price of copper on the London Metal Exchange rose above $11,000 a ton for the first time. Prices have gained more than a quarter since the start of this year. Thanks for joining me. Gold jumped to fresh record highs after Iran’s president was killed in a helicopter crash. Bullion jumped as much as 1.1pc to hit $2,440.59 an ounce after Iranian President Ebrahim Raisi, Foreign Minister Hossein Amirabdollahian and all the other passengers onboard died when the aircraft came down in northwest Iran. His death has added to tensions in the Middle East, which analysts said increases the appeal of the metal, which is considered a safe haven in times of turmoil. However, in a sign that markets were less concerned about the threat of instability, the price of oil remained relatively steady at $84 a barrel. Nicholas Frappell, global head of institutional markets at ABC Refinery in Sydney, said: “Gold’s rally is news-driven with uncertainty about what happened in Iran. “There is bound to be an element of jumping to conclusions on the basis of very little information.” The rise in gold also comes amid optimism that the US Federal Reserve will make two interest rate cuts this year after inflation figures last week were lower than expected. That offered support for the precious metal, which is priced in the dollar. 1) ‘I have never in my lifetime seen as much anger’: how Ireland’s migration system was overwhelmed | Country’s asylum system at crisis point as it grapples with unprecedented numbers 2) Record immigration behind a third of rent rises | Cost of renting jumps 11pc as additional 430,000 seek homes 3) Virgin Trains targets return to West Coast Main Line | Pressure grows on Avanti as Virgin Group submits open-access application for rail route 4) ‘Socialistic’ London has lost its mojo, says Wizz Air boss | Interview: József Váradi says stock market’s ‘pendulum has swung too far’ to the left 5) Xi and Putin’s love-in is an ominous sign for the West | The leaders’ co-dependency is shaping a powerful anti-Western alliance Asian stocks advanced after the Dow Jones Industrial Average closed above 40,000 for the first time on Friday. Gold hit a record high and oil prices edged higher as investors focused on the Middle East, where a helicopter carrying Iranian President Ebrahim Raisi and other officials crashed in the mountainous northwest reaches of Iran overnight. China’s market extended last week’s gains after the central bank announced new support for the property industry, including cutting required down payments for housing loans, cutting mortgage interest rates for first and second home purchases and removing a mortgage rate floor. The Hang Seng in Hong Kong added 0.5pc to 19,648.19, with its property index up 0.6pc by midday. The Shanghai Composite index advanced 0.3pc to 3,162.08. China’s central bank left the one- and five-year loan prime rate unchanged at 3.45pc and 3.95pc, in line with expectations. The one-year LPR serves as the benchmark for most new and outstanding loans in China, while the five-year rate affects the pricing of property mortgages. In Tokyo, the Nikkei 225 index surged 1.4pc to 39,346.92. Australia’s S&P/ASX 200 gained 0.6pc to 7,862.70. The Kospi in Korea rose 0.6pc to 2,741.55. Elsewhere, Taiwan’s Taiex edged 0.1pc higher after Lai Ching-te was inaugurated as Taiwan’s new president. Lai is expected to uphold the island’s de facto independence policy from China and seek to bolster its defenses against Beijing, which claims the island as Chinese territory. In Bangkok, the SET was up 0.3pc. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 3 months with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
- 05/20/2024
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Your Portfolio Is a Garden. Weed It
- I don't believe in the old stock-market saying “Sell in May and Go Away.” In my opinion, you should never “go away” from the stock market altogether. But May is a good time to weed out your portfolio. Unless you have a strong reason to do otherwise, I would: Here are a few large, widely held stocks that I would consider selling now. MicroStrategy Inc. (MSTR, Financial), a Tysons Corner, Virginia company headed by Michael Saylor, sells software for enterprise analytics and mobility. But the stock doesn't trade based on that business. It trades based on the company's holdings of bitcoin. MicroStrategy owns some 214,000 of the crypto tokens. That is more than 1% of the 19.7 million bitcoins that have been issued so far. It's about 1% of the 21 million coins that will ultimately be issued. As of May 19, one bitcoin cost $66,934.60. So 214,000 of them would be valued at $14.3 billion. That is about half the market value of MicroStrategy stock. MicroStrategy has financed its cryptocurrency purchases in large part by issuing notes convertible to common stock. So the current stockholders are at risk of seeing the value of their holdings diluted. The company has posted a loss in three of the past four years. Carlyle Group Inc. (CG, Financial), with headquarters in Washington D.C., is one of the larger private equity firms in the U.S. Such firms invest in private companies or take public companies private. They often cut costs, try to enhance revenue and then take the companies public in a few years. The acquisitions are usually done with borrowed money, and the cost of borrowing money has risen a lot in the past year. The stock seems expensive to me at 12 times the company's revenue. Revenue has declined over the past year, five years and 10 years. Muscular diseases are the focus at Cytokinetics Inc. (CYTK, Financial), a biotechnology firm based in South San Francisco, California. It is working on treatments for amyotrophic lateral sclerosis (Lou Gehrig's disease), heart failure and several other conditions. The company has posted losses in 13 of the past 15 years. Its liabilities currently exceed its assets by about $396 million. A clinical research breakthrough could prove me wrong, but I think the stock is overvalued at the current market capitalization of of $6.2 billion. In the past few years, Boeing Co. (BA, Financial) planes have experienced two controversial crashes and one notorious door-panel blowout. The company will have to spend more on safety and redundant quality checks. This will slow down production and dampen sales, I believe. Boeing has liabilities of $151.5 billion and assets of $134.50 billion. Of the past 10 years, only five have been profitable. Lyft Inc. (LYFT, Financial) plays second fiddle to Uber Technologies Inc. (UBER, Financial) in the U.S. ride-hailing market, with $4.4 billion in revenue last year, compared to Uber's $37.3 billion. While Uber turned profitable in 2023, Lyft has yet to show an annual profit, although analysts expect to see one this year. To me it is a cautionary sign that Lyft's debt is more than twice the company's equity. I offer sell recommendations once a year in this column, usually in May. My “sells” from a year ago trailed the Standard & Poor's 500 Total Return Index by 10 percentage points, rising 18.40% while the index climbed 28.42%. Clorox Co. (CLX, Financial) declined 14%. Colgate-Palmolive Co. (CL, Financial) and Keurig Dr. Pepper Inc. (KDP, Financial) rose, but less than the benchmark. International Business Machines Corp. (IBM, Financial) and Salesforce Inc. (CRM, Financial) beat the index, with gains of 38% and 36% respectively. Longer-term results are mixed. My sell recommendations have trailed behind the index 10 times out of 16 – as they should. However, due to bad picks I made in 2005 and 2010, the average return on my sells has been 13%, while the S&P has averaged 12.20%. Bear in mind that my column results are hypothetical and shouldn't be confused with results I obtain for clients. Also, past performance doesn't predict the future. Disclosure: A hedge fun I manage owns put options on Boeing. John Dorfman is chairman of Dorfman Value Investments LLC in Boston, Massachusetts, and a syndicated columnist. His firm or clients may own or trade securities discussed in this column. He can be reached at [email protected].
- 05/20/2024
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Memorial day flights, hotels: What will it cost you?
- Airfare prices will spike more than $40 per week leading up to Memorial Day weekend. Millions of people are expected to fly, based on data from travel app Hopper. "If you haven’t booked a flight for Memorial Day weekend yet, book now," Hopper lead economist Hayley Berg said. AAA reported airports are going to get a surge of traffic with an estimated 3.51 million air travelers this holiday weekend. That is an increase of 4.8% over 2023, and a 9% jump compared to 2019, according to AAA data. To handle the demand this year, a million seats have been added to domestic routes with nearly 300,00 on international routes, according to Berg. SUMMER 2024: UBER LAUNCHES SHUTTLE SERVICE FOR AIRPORTS, CONCERTS, GAMES Over 20 million seats will depart U.S. airports during the long weekend spanning from Thursday through the day after Memorial Day. That is a 6.6% increase from 2023, according to Hopper data. Memorial Day airfare is currently averaging $260 per ticket, which is down 9.5% from last year as well as 2019 levels, according to Berg. As prices will inch up over the next few weeks, price-conscious travelers should aim to fly out Saturday and return on Tuesday, given that it will save them roughly $90 from peak prices on Friday and Monday. Similar to domestic flights, international trips to many major regions of the world, including the Caribbean, Europe and Asia, are less expensive for now. For example, flights to Canada or the Antilles in the Caribbean currently cost $400 on average for a round-trip ticket. 5 TOP REASONS TO TRAVEL MIDWEEK RATHER THAN ON WEEKENDS: 'BETTER SELECTION, LOWER RATES' The cost to fly to Europe is about $974 per round trip ticket, which is down 2% from last year. However, it is still significantly higher than in 2019. Last summer, the cost to fly to Europe reached its highest level in 6 years with tickets averaging around $1,200 per round trip. Hotel stays are averaging $212 per night this year, according to Hopper data. That is slightly higher than the average prices for the summer. Saturday is the most expensive night to stay, with prices averaging 36% higher than non-weekend nights. GET FOX BUSINESS ON THE GO BY CLICKING HERE Travelers will get the lowest rate if they stay from Sunday through Tuesday. Car rentals for the long weekend will cost $43 on average per day, which is roughly unchanged from last year. The most searched car rental locations include Orlando, Los Angeles, Las Vegas, Washington and Fort Lauderdale, according to Hopper data. The costs in each of the aforementioned places range between $21 and $37 per day. In terms of gas prices, AAA reported Thursday that the national average for a gallon of gasoline fell four cents since the prior week to $3.60 driven by weak domestic demand and oil costs below $80 a barrel. "Barring some unforeseen event, this pokey drop in pump prices is not likely to change anytime soon," AAA spokesperson Andrew Gross said. He noted that county gas averages in seven states are less than $3 a gallon. "This trend will likely accelerate as more gas outlets east of the Rockies drop their prices," Gross said.
- 05/20/2024
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Minnesota lawmakers reach deal to raise pay rate for Uber, Lyft drivers
- Minnesota lawmakers reached an agreement Sunday on a bill that is designed to raise the pay rate for Uber and Lyft drivers working in the state.
- 05/20/2024
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Plan to boost pay for Uber and Lyft drivers in Minnesota advances in state Legislature
- ST. PAUL, Minn. — A plan to boost pay for Uber UBER, -0.58% and Lyft LYFT, -1.95% drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the state Legislature on Sunday, hours before the deadline for lawmakers to pass bills before they adjourn.
- 05/19/2024
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Will Uber Become a Trillion-Dollar Stock by 2035?
- Uber continues to report strong growth in terms of users and gross bookings. Investors shouldn't expect the rapid gains to continue forever, especially as Uber's expansion runway naturally shrinks over time.
- 05/19/2024
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Down Almost 20%, Should You Buy This Growth Stock With $100 Right Now?
- Uber's user base, as well as gross bookings, continue rising at a double-digit pace. This company has now posted four straight quarters of positive operating income.
- 05/19/2024
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INDY: India's Lagging Uber Caps Are Worth A Look
- Indian stocks have continued their march higher. Recent volatility indicates not all of the positives have been priced in. Having lagged the smaller caps, an uber cap 'catch up' is overdue.
- 05/19/2024
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Uber Integrates Social Commerce Into Marketplace as Shoppers Seek Peer Recommendations
- As consumers increasingly look for guidance from trusted friends and content creators to inform their shopping, Uber is integrating a social element into its Eats platform.
- 05/17/2024
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Call of the Day: Uber
- Bill Baruch, founder & president at Blue Line Capital, joins CNBC's "Halftime Report" to explain why he bought more Uber.
- 05/16/2024
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Costco is more expensive than Nvidia after Uber partnership: Cramer still says ‘buy'
- Costco Wholesale Corporation (NASDAQ: COST) is trading at an all-time high after Uber Eats teamed up with the retail behemoth on Thursday. Details of Costco-Uber partnership Users can now have groceries and other merchandise delivered from Costco via Uber Eats.
- 05/16/2024
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Daffodil Health Launches to Uber-Automate Healthcare Pricing and Bring Down Admin Spend
- SAN FRANCISCO--(BUSINESS WIRE)--Daffodil Health, provider of healthcare pricing and administration AI-powered solutions, today announced it raised $4.6 million in a seed funding round led by Maverick Ventures, with participation from Epic Ventures. The funding announcement comes at a time when more than $1T is spent on healthcare admin, much of it wasted and with limited to no benefit to patients. Technologies like AI and large language models make it possible to uber-automate healthcare proces.
- 05/16/2024
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Uber wants to conquer the suburbs and it's starting with Costco
- Uber is offering new perks for Costco lovers as it looks to expand into the suburbs. Members and non-members can now shop Costco on Uber Eats for delivery of groceries and more.
- 05/16/2024
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Uber buses, ride-sharing and grocery offers key for growth - analysts
- Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s bus service, ride share offerings and expanded grocery delivery partnership with Costco are set to fuel booking growth, analysts say. Bank of America maintained a ‘buy' rating on Uber following its Go-Get event, in which the travel products were showcased and the partnership was unveiled.
- 05/16/2024
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Wall Street Favorites: 7 Stocks With Strong Buy Ratings for May 2024
- If you're on the hunt for stocks to buy this month, look no further. We're close to the end of first-quarter 2024 earnings season, with 92% of S&P 500 companies having reported results.
- 05/16/2024
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Can Uber Rocket to $90 per Share? 1 Wall Street Analyst Thinks So.
- Uber Technologies recently announced an impending acquisition of Delivery Hero's Foodpanda delivery service in Taiwan. Now that Uber is strongly profitable, it can acquire smaller rivals while returning cash to shareholders as share buybacks.
- 05/16/2024
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Uber Reveals Costco Partnership, Uber One Discount for College Students
- Uber Technologies (UBER) announced six new products and features Wednesday as part of its fourth annual Go-Get event, including a discounted Uber One membership for college students and an international rollout of Uber Eats delivery service of Costco (COST) products.
- 05/15/2024
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Summer 2024: Uber launches shuttle service for airports, concerts, games
- Uber is rolling out several features this summer. One of them is a shuttle service that will help the ride share giant capitalize on the summer travel demand.
- 05/15/2024
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Uber has a new way to solve the concert traffic problem
- Uber is taking a shuttle product it developed for commuters in India and Egypt and converting it for an American audience.
- 05/15/2024
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Uber launches bus shuttle service, expands Costco tie-up to woo price-conscious users
- The initiatives were unveiled at Uber's GO-GET annual event for new products and are meant to maintain growth at the ride-share and delivery giant after a strong 2023.
- 05/15/2024
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Uber announces shuttle rides, features for caregivers and Costco perks
- Uber on Wednesday announced several new product updates like Uber Shuttle, Costco perks and a feature that lets caregivers book rides for people.
- 05/15/2024
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Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users
- Uber Technologies is introducing a shuttle service in the U.S. and widening a delivery tie-up with membership-only retailer Costco as part of a series of initiatives unveiled on Wednesday to attract price-conscious consumers amid competition from rival Lyft.
- 05/15/2024
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Is Uber Stock a Buy Now?
- The ridesharing stock is up, but its value is now questionable.
- 05/15/2024
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Uber Eats partners with Blitz Motors in London to make food delivery more sustainable
- LONDON, May 15, 2024 /PRNewswire/ -- Uber Eats, a leading food delivery platform, is pleased to announce its partnership with Blitz Motors (TASE: BLTZ), a renowned smart electric moped supplier, to revolutionize last-mile delivery services in London. In a bid to accelerate its commitment to sustainability and transformation, Uber Eats has entered into an agreement with Blitz to offer couriers who use the Uber Eats app access to discounted weekly rental prices for Blitz e-mopeds in London.
- 05/15/2024
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1 Wall Street Analyst Thinks Uber Stock Is Going to $90. Is It a Buy Around $67?
- The ride-hailing service continues to show steady sales growth. Plus, the company is also quickly becoming a cash machine.
- 05/15/2024
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Uber profits to swell following Foodpanda Tawain deal – broker
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) could see its profits surge by as little as US$150 million per year following its acquisition of Foodpanda Taiwan, analysts believe. Deutsche Bank welcomed the delivery group's latest deal, which saw it purchase Foodpanda's Taiwan business for US$950 million as well as a 3% stake in Delivery Hero (ETR:DHER, OTCQX:DLVHF) for US$300 million.
- 05/15/2024
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Trade Tracker: Jason Snipe buys more Uber
- Jason Snipe, Founder and CIO of Odyssey Capital Advisors joins CNBC's “Halftime Report” to explain why he's buying more Uber here.
- 05/14/2024
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Uber Pays $950 Million for Delivery Hero's Taiwan Foodpanda Business
- Uber is acquiring Delivery Hero's foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and comes as Delivery Hero has been looking to reduce its operations in Asia.
- 05/14/2024
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UBER to Acquire German Firm's Food Delivery Unit in Taiwan
- UBER's acquisition of Delivery Hero's foodpanda business is expected to close in the first half of 2025.
- 05/14/2024
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Delivery Hero shares rally on deal to sell Taiwan business, and a stake, to Uber
- Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.
- 05/14/2024
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Uber To Acquire Delivery Hero's Foodpanda Business In Taiwan For $950 Million
- Uber Technologies on Tuesday announced that it will acquire Delivery Hero's Foodpanda food delivery business in Taiwan for $950 million in cash. The deal, if it goes through, would be one of Taiwan's largest acquisitions outside its core semiconductor sector.
- 05/14/2024
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Uber to acquire Foodpanda's Taiwan unit from Delivery Hero for $950M in cash
- Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero's Foodpanda for $950 million in cash. The deal is part of Uber Eats' strategy to expand in Asia, specifically by strengthening its position in Taiwan.
- 05/14/2024
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Uber to buy Delivery Hero's Taiwan business in $1.25 billion deal
- Uber has finalized a deal to acquire the food delivery operations of Delivery Hero in Taiwan. The $1.25 billion transaction includes a $950 million cash payment for Delivery Hero's Foodpanda brand in Taiwan and a $300 million investment for a 3 percent stake in the German-based food delivery group.
- 05/14/2024
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Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
- Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
- 05/14/2024
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Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
- Uber Technologies is buying the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda doubles down on other markets.
- 05/14/2024
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Uber to Acquire Delivery Hero's Foodpanda Business in Taiwan
- Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.
- 05/13/2024
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What Happened With Uber?
- We've also got a look at Toast's earnings report and how AI is pressuring Chegg.
- 05/13/2024
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Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart
- CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.
- 05/13/2024
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International Markets and Uber (UBER): A Deep Dive for Investors
- Explore how Uber's (UBER) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
- 05/13/2024
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Uber, Lyft Head to Court as Massachusetts Challenges Driver Classification
- Uber and Lyft are facing a trial in Massachusetts over allegations that they misclassified their drivers as independent contractors instead of employees. The trial is part of a larger legal and political battle over the status of gig workers in the state and across the nation, Reuters reported Monday (May 13).
- 05/13/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/13/2024
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Massachusetts takes Uber, Lyft to trial over status of gig workers
- Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts' attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees.
- 05/13/2024
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1 Beaten-Down Growth Stock That Could Bounce Back According to Wall Street
- Uber Technology shareholders reacted negatively to the company's first-quarter results. Wall Street's consensus price target suggests the stock can rise about 30% from recent prices.
- 05/11/2024
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The 3 Best Transportation Stocks to Buy in May 2024
- The best transportation stocks to buy may help value investors get back on the high road, even if there are a few road bumps and potholes. Undoubtedly, it's tough for those who appreciate simple, easy-to-understand businesses to top some of the firms helping America move things from A to B and back.
- 05/10/2024
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Uber shares at 'compelling entry point' post-earnings: analysts
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) may have disappointed investors with a wider-than-expected loss for the first quarter and a Gross Bookings guidance miss for 2Q, but analysts remain bullish on the ride-hailing company's future. Shares of Uber fell about 8% from $71 following the release of its earnings report and had partially recovered to trade hands at about $67 in the early afternoon on Friday.
- 05/10/2024
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Capital Imbalances And Why David Daglio Is A Reformed Value Investor
- Capital Imbalances And Why David Daglio Is A Reformed Value Investor
- 05/10/2024
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Should Investors Buy Uber Stock on the Dip?
- Uber's stock price fell following a less-than-stellar investor update.
- 05/10/2024
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Billionaire Bets: 3 Unexpected Stocks Hedge Funds Are Snapping Up
- Investing in hedge funds is not something the average investor can do. Rules are in place to ensure these investment vehicles are the playground only for the rich.
- 05/10/2024
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Is Uber Technologies Stock Going to $100? 1 Wall Street Analyst Thinks So
- Jefferies has a "buy" rating on the stock, with a $100 price target. Uber's mobility bookings grew 26% but came in lower than expectations.
- 05/10/2024
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Some things 'don't smell right' about Uber stock buyback, strategist says
- John Blank, chief equity strategist at Zacks Investment Research, discusses Uber's earnings.
- 05/09/2024
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Uber's Q1: Revenue Up, But So Were Net Losses
- Double-digit growth in Mobility and Delivery Gross Bookings metrics helped revenue top estimates. Adjusted EBITDA rose impressively, demonstrating operational efficiency.
- 05/09/2024
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Uber's Earnings Drop Is Investors Opportunity
- On a day when the broader market managed to finish flat, if not slightly up, shares of Uber Technologies, Inc. NYSE: UBER dropped more than 5%. It could have been worse, with the ride-sharing Company's stock trading down almost 10% at one point before a late rally.
- 05/09/2024
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Should You Buy the Post-Earnings Dip in Uber With ETFs?
- Uber stock fell post reporting Q1 earnings as the company provided downbeat outlook. However, its peer company Lyft gained in share price post earnings.
- 05/09/2024
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CEO Dara Khosrowshahi says remote work took away some of Uber's best customers, but commuters are starting to come back
- Uber lost some of its "most frequent customers" thanks to the rise of remote working, its CEO said. Dara Khosrowshahi made the observation during the company's Q1 earnings call.
- 05/09/2024
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Analyst: Uber's growth was driven by higher demand, not pricing
- Uber (UBER) shares are dropping after the rideshare company's first quarter results saw gross bookings fall below Wall Street estimates. WestEnd Capital Management Senior Equity Analyst Ali Mogharabi joins Market Domination to break down Uber's earnings and what it could signal for the company's future.
- 05/08/2024
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S&P 500 Gains and Losses Today: Uber Stock Drops Following Unexpected Net Loss
- Major U.S. equities indexes were mixed on Wednesday. The rally dating back to last week appeared to lose some momentum as Federal Reserve officials struck a cautious tone and more companies released their quarterly results.
- 05/08/2024
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Instacart names Uber veteran its new CFO, as results top estimates
- Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Technologies Inc. in his place.
- 05/08/2024
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UBER's Q1 Loss Wider Than Estimates, Revenues Increase Y/Y
- UBER's first-quarter 2024 revenues improve year over year.
- 05/08/2024
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Uber and Lyft earnings breakdown, plus the future of autonomous vehicles
- The expansion of autonomous vehicles (AVs) and robotaxi services could pose a threat to rideshare operators Uber (UBER) and Lyft (LYFT). TD Cowen Internet and Media Analyst John Blackledge joins Catalysts to give insight into the potential partnerships between rideshare companies and autonomous, self-driving vehicle makers.
- 05/08/2024
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Uber Surprises With A 15% Revenue Jump To A Sharp 8% Stock Drop And A Slashed Year-To-Date Gain - Uber Technologies (NYSE:UBER)
- For Q1 of 2024, Uber Technologies Inc UBER revealed that the company performed better than expected in terms of revenue, seeing a 15% growth compared to last year, but its operating profit didn't hit its target.
- 05/08/2024
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Tech Stocks on the Move Today: Uber Technologies, Reddit, and More
- The S&P 500 Information Technology Sector Index wavered between gains and losses in intraday trading Wednesday, up just 0.1% as of 2 p.m. ET. The broader S&P 500 was 0.1% lower and the tech-heavy Nasdaq was down 0.3%.
- 05/08/2024
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Uber CEO Dara Khosrowshahi on Q1 results, growth outlook and Instacart partnership
- Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss teh company's quarterly earnings results, growth outlook, strength of its Uber Eats delivery business, impact of the Instacart partnership, future of robotaxis, and more.
- 05/08/2024
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4 Key Takeaways From Uber's Earnings Call
- After Uber Technologies (UBER) reported mixed first-quarter results sending shares lower in intraday trading Wednesday, executives joined the company's earnings call to discuss its financial results, future plans for expansion, and partnerships with autonomous vehicle companies that could provide growth opportunities.
- 05/08/2024
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Uber CEO Focused on Eats Partnership, Working With Tesla
- Uber Technologies Inc. says first-quarter bookings rose 20% from a year earlier, but that still missed analysts' estimates. Operating profit also fell.
- 05/08/2024
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Earnings Point to Different Routes for Lyft and Uber
- Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged.
- 05/08/2024
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Uber shares hit pothole on surprise earnings loss as Lyft zooms with female drivers
- Lyft's initiative to get more women in the drivers seat helped boost its number of females customers.
- 05/08/2024
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Uber's CEO: Tesla will need us for robotaxis
- Tesla is trying to use its full self-driving technology to run fleets of taxis. But Uber's CEO said that Tesla will need tools that his rideshare company already has.
- 05/08/2024
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Compared to Estimates, Uber (UBER) Q1 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Uber (UBER) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/08/2024
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Best Growth Stocks to Buy for May 8th
- UGP, STRA and UBER made it to the Zacks Rank #1 (Strong Buy) growth stocks list on May 8, 2024.
- 05/08/2024
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Why Uber Is Tanking Today
- Bottomline Uber looks strong and investors should look for drops in price like today for discount entry points into the stock.
- 05/08/2024
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Uber Technologies (UBER) Reports Q1 Loss, Tops Revenue Estimates
- Uber Technologies (UBER) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.08 per share a year ago.
- 05/08/2024
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Uber Stock Endures $12 Billion Selloff On Nauseating Post-Earnings Ride
- Uber stock flailed Wednesday after the company reported a surprise quarterly loss, throwing a wrench in Wall Street's celebration of the ride-hailing firm's move to profitability.
- 05/08/2024
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A Quiet Tuesday But Earnings Continue
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Uber stock set for massive crash after missing earnings
- After being one of the year's top-performing S&P 500 stocks in the first months of 2024, Uber's (NYSE: UBER) chart started forming a bow-like curvature with the most recent trend being downward.
- 05/08/2024
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Nasdaq and S&P 500 to open lower, Uber tumbles on suprise loss, Reddit rallies on optimistic outlook
- US stocks to open lower Uber tumbles on surprise loss Reddit (NYSE:RDDT) optimism sends shares higher 8.36am: Wall Street set to open lower US stocks are poised to open lower today, looking to break the long winning streak which started in December last year. All three indexes are looking to open down, with Nasdaq futures implying a drop of 85 points, the Dow Jones looking at a 46-point fall and an 18-point slip for the S&P 500.
- 05/08/2024
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Uber shares drop after unexpected loss, ignoring raised outlook
- Uber Technologies Inc (NYSE:UBER) shares are due to start lower on Wednesday after the ride-hailing and food delivery platform reported an unexpected loss. Gross bookings in the first quarter rose 20% year-over-year to $37.70 billion, with the Mobility taxi arm increasing 25% to $18.70 billion and delivery climbing 18% to $17.70 billion.
- 05/08/2024
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Uber Sinks as Gross Bookings Miss Estimates, Investment Charges Drive Net Loss
- Ridesharing giant Uber Technologies' (UBER) shares sank in premarket trading Wednesday as the company released its first-quarter results. Revenue met estimates but gross bookings missed, and Uber swung to a net loss after reporting hundreds of millions in charges related to revaluations of its investments.
- 05/08/2024
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Uber shares drop sharply in premarket trade after it misses on earnings-per-share, but bookings jump by a fifth
- Uber shares dropped as much as 8% in premarket trading after reporting first quarter results Wednesday. The ride-hailing giant saw gross bookings climb 20% and revenue slightly beat expectations.
- 05/08/2024
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Uber posts mixed earnings, stock moves lower
- Uber Technologies Inc. posted mixed earnings on Wednesday, beating estimates on an adjusted profit metric while giving an outlook for bookings that was below expectations.
- 05/08/2024
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Uber Expected to Perform Well When It Reports Earnings
- Wall Street is looking for strong bookings from the ride-sharing business.
- 05/07/2024
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Uber expected to post surge in revenue to $10B for Q1
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) is set to swing to a profit and report strong revenue growth for the first quarter of 2024. The ride-hailing and food delivery platform is expected to see a significant improvement in profit, with analysts projecting earnings per share of $0.21 or about $477 million compared to a loss per share of $0.08 or a loss of $157 million in the year-ago quarter.
- 05/07/2024
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Earnings Exchange: Uber, Reddit, and Choice Hotels
- Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to share outlooks on recent IPO stocks.
- 05/07/2024
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Instacart teams up with Uber Eats
- Instacart (NASDAQ:CART) shares got a boost after it agreed an Uber Eats tie-up, so its customers will be able to order restaurant deliveries from its app. The app, which currently enables users to order groceries from a range of retailers, is adding a new Restaurants tab that will expand the service to restaurant-cooked meals that will be fulfilled by Uber Eats and its couriers.
- 05/07/2024
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Instacart Partners With Uber Eats On Restaurant Delivery
- Grocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it's partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares of the firm to rise to their highest level in over three weeks.
- 05/07/2024
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Uber and Instacart Team on Restaurant Deliveries As Diners Cut Back
- Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company's app.
- 05/07/2024
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Instacart partners with Uber to offer food delivery services to customers in US
- Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between the two companies, they said on Tuesday.
- 05/07/2024
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Instacart Stock Pops on Uber Partnership
- Instacart is teaming up with Uber Technologies to bring delivery to its customers through Uber Eats.
- 05/07/2024
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Here's what TikTok got wrong about America
- TikTok is now one of the biggest stories in business and geopolitics. U.S. President Joe Biden has just signed a law that will ban the massively popular app in nine months if its Chinese owner, ByteDance, does not sell it to a non-Chinese entity.
- 05/07/2024
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What You Need To Know Ahead of Uber's Earnings Report Wednesday
- Uber Technologies (UBER) is set to report earnings Wednesday before markets open, with investors likely to watching whether the ridesharing company will continue to increase its revenue and booking numbers.
- 05/06/2024
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Is It Worth Investing in Uber (UBER) Based on Wall Street's Bullish Views?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 05/06/2024
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Lyft CEO reveals his biggest challenge in competing with Uber
- David Risher explains that taking on Lyft, which was then a failing company, was the easiest decision he has ever made. He tells FOX Business that his biggest challenge is "fighting inertia.
- 05/06/2024
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Disney, Uber, Occidental, Palantir, Airbnb, and More to Watch
- Earnings season continues with results from BioNTech, Palantir, Ferrari, NRG Energy, Occidental, Walt Disney, and more.
- 05/05/2024
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Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
- CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.
- 05/03/2024
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Should You Add UBER to Your Portfolio Ahead of Q1 Earnings?
- The strong performance of the Mobility and Delivery units is likely to have aided UBER's performance in the first quarter.
- 05/03/2024
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Curious about Uber (UBER) Q1 Performance? Explore Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Uber (UBER) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 05/03/2024
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Status of Uber, Lyft gig workers hinges on Massachusetts court fight
- Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections.
- 05/03/2024
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Stock Market Crash Alert: 3 Must-Buy Travel Stocks When Prices Plunge
- In recent sessions, the market hasn't necessarily been cooperative with the bulls and that may have serious implications for travel stocks to buy. As a sector dependent on robust consumer sentiment, it faces significant challenges.
- 05/03/2024
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Uber faces £250-M lawsuit in London as black cab drivers allege misleading practices
- Uber, the San Francisco-based ride-hailing giant, is embroiled in yet another significant legal challenge in London, this time facing a lawsuit that could cost the company upwards of £250 million.
- 05/03/2024
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Uber Sued for $312 Million by London Cab Drivers
- Uber is reportedly facing a $312 million lawsuit from drivers of London's black cabs. That suit, according to a Bloomberg news report Thursday (May 2), was filed by more than 10,800 cabbies and accuses the tech giant's ride hailing operation of operating in Great Britain's largest city illegally.
- 05/02/2024
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DoorDash results underwhelm, Uber remains preferred food delivery stock pick
- DashDash Inc's latest quarterly results failed to galvanise interest on Wall Street, with the San Francisco-based food delivery company's share price falling 13% in opening exchanges. The results revealed decent financial progress at the group, with revenues surging to $2.5 billion, up from a flat $2 billion in the same quarter last year, driven by a 21% increase in total orders, which reached 620 million.
- 05/02/2024
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London's black cab drivers file multimillion pound lawsuit against Uber
- Uber faces a multimillion-pound lawsuit from London's black cab drivers in a revival of the longstanding dispute over the operation of the ride-hailing app in the UK capital.
- 05/02/2024
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London Black cab drivers sue Uber for £250mln
- Thousands of London black cab drivers are to launch a £250 million lawsuit against Uber Technologies Inc (NYSE:UBER, ETR:UT8), claiming it misled Transport for London (TfL) to obtain a licence. Almost 11,000 black cab drivers are involved in the lawsuit, which alleges the ride-hailing firm deliberately misconstrued how the Uber app worked to gain approval in London.
- 05/02/2024
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Uber Technologies (UBER) Reports Next Week: Wall Street Expects Earnings Growth
- Uber (UBER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/01/2024
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Why Uber Technologies (UBER) Dipped More Than Broader Market Today
- In the closing of the recent trading day, Uber Technologies (UBER) stood at $66.27, denoting a -1.68% change from the preceding trading day.
- 04/30/2024
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Rite Aid and Uber Eats Add Alcohol Delivery in 8 States
- Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states.
- 04/30/2024
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3 Stocks to Buy to Invest Like Sam Altman
- Artificial Intelligence (AI) visionary Sam Altman has dominated the tech world over the past couple of years. He shot to fame following OpenAI's release of its groundbreaking large language model, ChatGPT, in late 2022.
- 04/29/2024
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Domino's Pizza Posts Strong Results on Loyalty Program, Uber Eats Marketing
- Shares of Domino's Pizza (DPZ) rose over 3% in early trading Monday after the pizza delivery chain's first-quarter results soared past estimates as its loyalty program and a deal with Uber Eats (UBER) drove sales.
- 04/29/2024
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Tractor-trailers with no one aboard? The future is near for self-driving trucks on US roads.
- On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.
- 04/29/2024
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Ken Griffin's Hedge Fund Continues Its Win Streak With These 3 Stocks
- With roughly $60 billion in assets under management, Citadel is a giant among hedge funds.
- 04/27/2024
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Got $1,000? 3 Stocks to Buy Now While They're On Sale
- Uber's foreseeable future could be just as impressive as its past, but for a slightly different reason. Alibaba's shares have been in a serious slump, but there's finally a light at the end of the tunnel.
- 04/26/2024
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Uber Stock Is Up a Phenomenal 120% in 1 Year: But Is Now the Time to Buy?
- Uber's business is substantially larger and more dominant today than it was a few years ago. Management will have to remain focused on finding ways of taking care of all its stakeholders.
- 04/25/2024
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Uber for Business Adds ‘Delegate Profiles' for Executive Assistants
- Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel. The company's new delegate profiles enable EAs to manage ground transportation for executives on their behalf, Uber for Business said in a Wednesday (April 24) press release.
- 04/24/2024
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Musk's Master Robotaxi Plan: Giving Tesla the Uber, Airbnb Treatment
- The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures. That's why, according to Tesla CEO Elon Musk, it's a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform.
- 04/24/2024
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Uber and Klarna Team on New Payment Options for Rides, Deliveries
- Uber and Klarna have joined forces to offer users new ways to pay for rides and deliveries. The collaboration, announced Wednesday (April 24), lets users in the U.S.
- 04/24/2024
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Klarna to offer payment services on Uber's platform
- Sweden's Klarna on Wednesday partnered with Uber Technologies to offer its payment services across the company's ridesharing and food delivery platforms in a few markets, including the United States.
- 04/24/2024
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/24/2024
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Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
- The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.
- 04/24/2024
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2 No-Brainer Stocks to Buy Now With $200 and Hold Long Term
- Datadog is a recognized leader in several observability software verticals, including artificial intelligence for IT operations. Uber is the largest ridesharing services company and the second-largest food delivery services company in the United States.
- 04/24/2024
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Tesla to take on Uber now? Elon Musk's EV giant teases with autonomous ride-hailing
- Tesla, the leading American electric vehicle manufacturer, recently teased a new development during their Q1 Earnings Call that may soon allow your car to autonomously pick you up or earn money on its own. Here's a detailed look at what Tesla's future in autonomous driving technology holds.
- 04/24/2024
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Tesla reveals what its Uber-like robotaxi app would look like
- Tesla just gave us a peek at its planned ride-hailing interface. Elon Musk's company is emphasizing its self-driving and robotaxi businesses as EV demand softens.
- 04/23/2024
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Trade Tracker: Jason Snipe buys Uber
- Jason Snipe, founder and CIO at Odyssey Capital Advisors, joins CNBC's "Halftime Report" to discuss his most recent portfolio move.
- 04/23/2024
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After lobbying by Uber and DoorDash, new proposal would overhaul Seattle's minimum wage law
- After a controversial minimum wage law for food delivery drivers in Seattle went into effect in January, tech giants including Uber and DoorDash made it clear they weren't happy.
- 04/23/2024
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2 Top Artificial Intelligence (AI) Growth Stocks With More Than 20% Upside, According to Wall Street
- Valuations for the most popular artificial intelligence stocks are sky-high, but there are a couple with significant upside potential, according to the investment bank analysts who follow them. Rapidly expanding profits recently earned Uber Technologies a buy rating and a lofty new price target.
- 04/23/2024
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Uber Technologies (UBER) Stock Dips While Market Gains: Key Facts
- The latest trading day saw Uber Technologies (UBER) settling at $68.98, representing a -0.32% change from its previous close.
- 04/22/2024
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After Plunging -13.75% in 4 Weeks, Here's Why the Trend Might Reverse for Uber (UBER)
- Uber (UBER) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 04/22/2024
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Where Will Uber Stock Be in 1 Year?
- Uber management has turned the company into a self-sustaining business with solid cash flow.
- 04/22/2024
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3 Travel Stocks to Buy Now: Q2 Edition
- While revenge travel may be a fading concept, consumers still value accruing their vacation hours, potentially boding well for certain travel stocks to buy now. According to a Deloitte report, we may be moving into a new era of travel prioritization.
- 04/21/2024
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This Year's Average Tax Refund Was $3,011, According to the IRS. 3 Excellent Stocks You Can Buy for Less
- Altria will return 9.5% of your money to you as dividends. Uber Technologies has established its U.S. dominance.
- 04/21/2024
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2 Stocks to Load Up On During This Correction
- Another volatile week for markets and investors are starting to feel a little uncomfortable.
- 04/20/2024
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Have $100? 1 Magnificent Stock to Buy Hand Over Fist Now
- Investors who don't have access to fractional share purchases can buy this growth stock for less than $100.
- 04/20/2024
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Sell in May and Go Away? Absolutely Not -- 2 Stocks You'll Want to Buy Instead
- The old adage "sell in May and go away" is a little misleading. The six-month period between May and October is weaker than the period between November and April, but it usually delivers positive returns.
- 04/20/2024
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The S&P 500 break doesn't mean it's time to be an uber bear, says RBC's Lori Calvasina
- RBC's Lori Calvasina, Crossmark's Victoria Fernandez and Gabelli's Kevin Dreyer, join 'Closing Bell' to discuss markets as the S&P breaks below 5,000.
- 04/19/2024
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Final Trades: Micron, P&G and Uber
- The Investment Committee give you their top stocks to watch for the second half.
- 04/19/2024
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Is Uber (UBER) a Buy as Wall Street Analysts Look Optimistic?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/19/2024
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Forage and Uber Eats Partner on SNAP EBT Grocery Delivery
- Forage and Uber Eats have partnered to offer online purchasing and delivery of groceries to Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) recipients.
- 04/19/2024
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Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash
- Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the New York stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to capital needed to fund growth.
- 04/18/2024
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Put $500 in These 3 Tech Stocks Before May
- Technology stocks have outperformed other sectors since the turn of the year, collectively outpacing their nearest counterpart (financial services) by more than 2x. Although technology stocks can be cyclical, many are secular, meaning they possess the means to deliver returns throughout the economic cycle.
- 04/17/2024
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Time to Buy the Dip? These Top Ranked Stocks are on Sale Now
- Broad market indexes are down about -5% over the last couple of weeks, and some market participants are already anticipating the worst outcomes. But is there really something terrible on the horizon, or is this just a garden variety pullback?
- 04/17/2024
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7 Stocks the Hedge Fund Gurus Are Piling Into: April 2024
- With a lot of uncertainty in the market from geopolitics down to monetary policy, jittery investors may find comfort in hedge fund picks. Specifically, ideas that the alpha wolves of the market have put their money into may offer both confidence and upside.
- 04/17/2024
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Time to Buy Lyft or Uber Technologies Stock for More Upside?
- Let's see if there could be more upside in Lyft (LYFT) or Uber Technologies (UBER) shares and if their stocks should be considered after a market correction.
- 04/16/2024
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Why Uber Technologies (UBER) Outpaced the Stock Market Today
- In the closing of the recent trading day, Uber Technologies (UBER) stood at $74.27, denoting a +1.18% change from the preceding trading day.
- 04/16/2024
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Uber Announces Date of First Quarter 2024 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2024 financial results on Wednesday, May 8th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends to co.
- 04/16/2024
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Calls of the Day: Uber, GE Vernova and General Motors
- The Investment Committee debate the latest Calls of the Day.
- 04/16/2024
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Best Momentum Stock to Buy for April 16th
- NPSNY, UBER and AMAT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 16, 2024.
- 04/16/2024
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3 Stocks to Buy Now Before the Robotaxi Revolution
- When Tesla (NASDAQ: TSLA ) founder and CEO Elon Musk announced a date of August 8 for its robotaxi event, the stock managed to nudge higher amid its multi-year downturn. Though shares have since reversed lower again, everybody will tune in when Musk hits the stage this summer.
- 04/15/2024
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3 Picks from the Still-Strong Internet Services Industry
- A rate cut this year would be a tailwind for the capital-intensive Internet - Services industry although the economic slowdown reduces visibility. Crexendo (CXDO), Upwork (UPWK) and Uber (UBER) are worth picking from this very broad-based industry.
- 04/15/2024
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Uber: Increasing Uber One Members Boost Booking Growth
- Uber's stock price is undervalued and has potential for margin and free cash flow growth. Uber One membership has tripled and members contribute significantly to total gross bookings. Uber's platform advantage in offering both ride share and delivery services sets them apart from competitors.
- 04/13/2024
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Will Uber Reach a Trillion-Dollar Market Cap by 2035?
- Thanks to its solid revenue growth, Uber is now posting profits. It's safe to assume the company won't expand as rapidly as it has in the past.
- 04/13/2024
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Wall Street Favorites: 3 Long-Term Stocks With Strong Buy Ratings for April 2024
- Whether you believe them or not, analyst ratings have long been a strong indicator of the stock price's direction. There is a direct correlation between how Wall Street analysts rate a stock and how it performs.
- 04/12/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 04/12/2024
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Uber, Lyft to stay in Minneapolis until July after minimum-wage hike delayed
- Uber and Lyft delayed plans to pull their businesses out of Minneapolis on May 1 after the city council pushed back an effective date to increase the minimum wage by two months. Minneapolis City Council unanimously passed the extension to July 1 for the increased minimum hourly wage during a Thursday meeting, according to CNN.
- 04/12/2024
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Uber and Lyft delay their plans to leave Minneapolis after officials push back driver pay plan
- The ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis after city officials decided Wednesday to push back the start of a driver pay raise by two months.
- 04/12/2024
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Uber and Lyft delay their plans to leave Minneapolis
- Ride-hailing companies Lyft and Uber will extend their services in Minneapolis till July 1, they said on Thursday, after city officials voted a day earlier to push back the start of a driver pay raise by two months.
- 04/11/2024
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3 Buy-Rated Companies Enjoying Stellar Sales Growth
- Consistent sales growth is key, as it's the foundation of generating profits. And when it comes to top-line compounders, these three companies stick out in a big way.
- 04/11/2024
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If You Can Only Buy One Meme Stock in April, It Better Be One of These 3 Names
- For risk-tolerant investors, now might be a good time to consider these meme stocks to buy. The broader indices, such as the S&P 500 and Nasdaq Composite, have seen a steady rise in recent months.
- 04/10/2024
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Uber boosts safety features for passengers
- Uber Technologies said on Wednesday that it is boosting its safety features for passengers around the world, as it looks to minimize risk and ensure security for women at night.
- 04/10/2024
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Uber Eats Marks Milestone of 1 Million Merchants
- Uber Eats now has 1 million merchants around the world on its platform. These partners include restaurants, grocers and convenience stores ranging from small businesses to international chains, Uber said in a Monday (April 8) press release.
- 04/08/2024
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Uber Eats is joining the ranks of apps that want to be just like TikTok
- Uber Eats is experimenting with short-form videos. The video feed, similar to TikTok's format, will showcase restaurants preparing their food.
- 04/08/2024
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Final Trades: Aptiv PLC, Uber and Delta Air Lines
- The Investment Committee gives you their top stocks to watch for the second half.
- 04/08/2024
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All You Need to Know About Uber (UBER) Rating Upgrade to Strong Buy
- Uber (UBER) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 04/08/2024
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Best Momentum Stocks to Buy for April 8th
- SM, GOEV and UBER made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 8, 2023.
- 04/08/2024
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Are Computer and Technology Stocks Lagging Uber Technologies (UBER) This Year?
- Here is how Uber Technologies (UBER) and CyberArk (CYBR) have performed compared to their sector so far this year.
- 04/08/2024
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New Strong Buy Stocks for April 8th
- SM, UBER, GOEV, LNKB and ZUO have been added to the Zacks Rank #1 (Strong Buy) List on April 8, 2023.
- 04/08/2024
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2 No-Brainer Growth Stocks to Buy Now With $80 and Hold Long-Term
- Shopify and Uber are competitively advantaged businesses operating in quickly growing markets, and both stocks trade at reasonable valuations Shopify is the leader in e-commerce and omnichannel commerce software, and it's the second largest e-commerce company in the United States. Uber operates the largest ridesharing network and the second largest food delivery network in the United States.
- 04/08/2024
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The 3 Best Travel Stocks to Buy in April 2024
- While it's an adventurous idea in more ways than one, if you believe in the lasting power of revenge travel, these ideas for best travel stocks to buy in April could be enticing. According to research from Deloitte, the immediacy of the revenge travel sentiment has likely waned.
- 04/07/2024
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3 Reasons to Buy Uber Stock Like There's No Tomorrow
- The ride-hailing company finally has enough scale to cover all its costs. Personal mobility's growth is slowing, but delivery's growth is in its infancy.
- 04/06/2024
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Uber Stock Gets Bump From Jefferies Price-Target Increase
- Uber Technologies (UBER) shares rose Friday after Jefferies research analysts raised their price target on the stock to $100 from $95, citing the company's continued creation of ways for people to use the app, particularly in its Mobility division.
- 04/05/2024
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Calls of the Day: Uber, Netflix, UnitedHealth, American Express and Vertiv Holdings
- The Investment Committee discusses the latest Calls Of The Day.
- 04/05/2024
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Uber price target raised on expanded product suite's growth outlook; shares rise
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) has earned a price target raise from Jefferies analysts who believe the company's expanded Mobility product suite is a meaningful tailwind for growth. They wrote in a note to clients that Uber has “dramatically” expanded its Mobility offerings from just two products in 2022, UberX and Black, to about 20 currently.
- 04/05/2024
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Can Uber's stock hit $100? This analyst lays out the path.
- Uber Technologies Inc. shares have surged 150% over the past year, to rank third among S&P 500 index components in that span, but a Jefferies analyst sees further big upside ahead.
- 04/05/2024
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Diagnosing the Economy Ahead of World Health Day: 6 Picks
- Similar to the six vital nutrients required for good health, we have examined the six pillars that support the economy and zeroed in on stocks that have a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a higher market cap in their respective sectors.
- 04/05/2024
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Here's Why Investors Should Add UBER Stock to Their Portfolio
- UBER's delivery business benefits from rising online order volumes.
- 04/05/2024
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AI is like the internet in the late 1990s. Here's how to avoid AI's Pets.com and find the winners.
- The AI revolution is just getting started. The closest comparison of a technological revolution on this scale is the internet revolution that took place in the late 1990s and early 2000s.
- 04/05/2024
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Hop on the Joby Stock Bandwagon: The ‘Uber of the Skies' Is Ready for Takeoff
- Joby Aviation (NYSE: JOBY ) stock could be a good bet here. The company aims to revolutionize urban air mobility worldwide.
- 04/05/2024
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Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 04/04/2024
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Uber Eats and Waymo Roll Out Autonomous Delivery in Phoenix
- Uber is expanding its Phoenix-based partnership with autonomous vehicle company Waymo. The company announced Wednesday (April 3) that it is now offering Uber Eats deliveries in the Arizona capital via Waymo vehicles.
- 04/03/2024
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Brokers Suggest Investing in Uber (UBER): Read This Before Placing a Bet
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/03/2024
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JPMorgan launches new product to connect marketers with its cardmembers for targeted deals
- The bank JPM, -0.04% said Wednesday its launching Chase Media Solutions to connect marketers with its 80 million customer to offer discounts and other offers based on their historic spending patterns. The moves comes after a pilot program with Whataburger, Solo Stove, Blue Bottle and Air Canada.
- 04/03/2024
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Better Buy: Uber Stock vs. DoorDash Stock
- DoorDash operates the most popular food delivery platform in America, with Uber Eats in a distant second place. Uber is a much larger company, however, because it operates the world's largest ride-hailing network.
- 04/03/2024
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Uber Technologies (UBER) Rises As Market Takes a Dip: Key Facts
- In the latest trading session, Uber Technologies (UBER) closed at $76.98, marking a +0.76% move from the previous day.
- 04/02/2024
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Nvidia Isn't The Only Game In Town. Uber Leads 6 Stocks To Watch.
- As shares of Meta and Nvidia stock hold near highs, Uber, CyberArk and four other growth stocks set up bases and buy zones.
- 04/01/2024
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/01/2024
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Uber Leads Five Stocks Near Buy Points
- Uber, Axon and one more stock with the highest-possible rating from IBD lead this weekend's watch list.
- 03/30/2024
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AI Spotlight: 3 New S&P 500 Stocks Worth Keeping an Eye On
- It's no surprise that the biggest new arrivals on the S&P 500 all have strong ties to the world of artificial intelligence (AI). Recent reports suggest that the generative AI boom which helped to drive forward Wall Street in 2023 is set to become a $1.3 trillion industry by 2032, growing at a compound annual growth rate (CAGR) of 42%.
- 03/30/2024
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3 Overlooked Travel Stocks Set to Rebound in 2024
- The travel industry is roaring back to life in 2024, making it a great time to consider the top overlooked travel stocks to buy. Pent-up demand, relaxed travel restrictions and a new sense of wanderlust are driving a surge in bookings.
- 03/30/2024
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Inside the chaos at Glosslab: unlicensed nail techs, $300 Uber trips and an ‘absentee' CEO
- "She had no interest in the day-to-day operations of this business," one former employee said of Glass, asking not to be identified. "Rachel was fully absentee.
- 03/28/2024
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Here's Why Uber Technologies (UBER) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 03/28/2024
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Will 2024 Be a Year of 'Electric Eleven'? Tech ETFs to Gain
- As the tech sector evolves, the "Electric Eleven" represents an example of resilience and innovation in the tech space, per Evercore ISI, as quoted in a Yahoo Finance article.
- 03/27/2024
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Uber Courts Parents of Small Children With Uber Car Seat
- Following offerings aimed at young drivers, Uber is now reaching out to even younger passengers. More to the point, the parents of those young passengers, with a new service called Uber Car Seat, announced Tuesday (March 26) for customers in America's two largest cities.
- 03/26/2024
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3 Stocks That Are Leaving Analysts Speechless
- Stocks leaving analysts speechless are companies that most of those on Wall Street rate as strong buy. While there isn't an S&P 500 company that gets all strong buys across the board, according to S&P Global Market Intelligence, a number of them have nearly perfect consensus among analysts' opinions.
- 03/25/2024
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Signal Says Rideshare Stock Could Pick Up Fresh Highs
- Up 30% since the start of the year, Uber Technologies Inc (NYSE:UBER) stock isn't trading too far from its March 4 record high of $82.14.
- 03/25/2024
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3 Stocks With the Most Potential to Upstage the Magnificent 7 in 2024
- Not all Magnificent Seven stocks have been pulling their fair share of the weight this year. Undoubtedly, the artificial intelligence (AI) boom may still be in its early stages.
- 03/22/2024
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Final Trades: Freeport-McMoran, Uber, Blackstone and Samsara
- The Investment Committee give you their top stocks to watch for the second half.
- 03/21/2024
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3 Stocks That Are Making Investors Pinch Themselves
- If you're one the hunt for top performing stocks to buy this month, look no further. The stock market is still on a hot streak following deceased fears surrounding the compounding issue of inflation and possible interest rate cuts on the horizon.
- 03/21/2024
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Is Uber Technologies (UBER) Stock Outpacing Its Computer and Technology Peers This Year?
- Here is how Uber Technologies (UBER) and Alight, Inc. (ALIT) have performed compared to their sector so far this year.
- 03/21/2024
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3 Industrial Stocks Leading the Way in This ETF Breakout
- Hopping on the next market trend is easier said than done. However, there is one simple and logical way to find the next winning sector in the market.
- 03/21/2024
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Pack Your Portfolio: 7 Travel Stocks to Buy as Spending Continues
- Back when the Covid-19 crisis first capsized the economy, forward-looking investors bet heavily on travel stocks to buy. Simply, they anticipated that pent-up demand would eventually catapult the underlying industry once society fully normalized.
- 03/20/2024
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Uber rallies Minneapolis riders to demand action from lawmakers on minimum wage rule
- Uber is asking riders to email Minnesota lawmakers to pass comprehensive statewide legislation to boost driver earnings so they can bring ride-share services back to Minneapolis.
- 03/20/2024
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UBER Stock's Long Haul: Why Investors Should Buckle Up for the Ride
- Although I generally remain bullish on Uber (NYSE: UBER ) stock, the company does have meaningful threats in the medium term that are worth watching. Still, I expect the shares to perform quite well over the next two or three years.
- 03/20/2024
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Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up
- Groups of drivers backed a bill setting minimum pay, but the two tech companies say it'd make riders' fees unsustainable
- 03/20/2024
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Uber Keeps Crushing The Competition
- Uber's stock has doubled in the past year and is up 30% year to date, reflecting tremendous growth rates at scale. The company has announced a $7 billion buyback plan, indicating confidence in its profitability and cash flow generation. Uber plans to leverage AI and improve payment technologies to further increase cash flow and EBITDA margins.
- 03/20/2024
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Uber Technologies (UBER) Surpasses Market Returns: Some Facts Worth Knowing
- Uber Technologies (UBER) closed the most recent trading day at $77.08, moving +1.82% from the previous trading session.
- 03/19/2024
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Calls of the Day: Uber, Exxon Mobil and CrowdStrike
- The Investment Committee discuss the latest calls of the day.
- 03/19/2024
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Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 03/19/2024
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Uber Settles Lawsuit With Australian Taxi Drivers for $178 Million
- Uber Technologies Inc. (UBER) reportedly will pay $272 million Australian dollars ($178 million) to settle a class-action lawsuit brought by thousands of Australian taxi drivers, who allege they lost income when the ride-sharing company entered the country.
- 03/18/2024
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Wall Street Bulls Look Optimistic About Uber (UBER): Should You Buy?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 03/18/2024
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Australian taxi drivers win $178 million payout from Uber
- Australian taxi drivers impacted by the rise of ridesharing giant Uber have won US$178 million in compensation, their lawyers said Monday after settling a grueling legal battle.
- 03/18/2024
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Uber to pay $178 million to settle lawsuit with Australia taxi drivers, law firm says
- Uber has agreed to pay A$271.8 million ($178.3 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing company moved into the country, a law firm said on Monday.
- 03/17/2024
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The Ultimate Growth Stock to Buy With $1,000 Right Now
- Uber has a dominant leadership position in the ridesharing niche. Its two-sided network is starting to scale and produce immense cash flows.
- 03/17/2024
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Things to know about Uber and Lyft saying they will halt ride-hailing services in Minneapolis
- Lyft and Uber have said they will halt operations in Minneapolis because of a new city ordinance that increase wages for app-based drivers, the latest salvo in a longtime fight between gig economy workers and the tech giants.
- 03/16/2024
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Uber, Lyft to Exit Minneapolis After Minimum Wage Vote
- Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. The rideshare companies said they will stop operating there on May 1, Reuters reported Friday (March 15).
- 03/15/2024
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Uber, Lyft to Leave Minneapolis Over New Wage Regulations
- Don't expect to get a ride from Uber (UBER) or Lyft (LYFT) cars in Minneapolis after May 1.
- 03/15/2024
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Uber, Lyft to leave Minneapolis due to minimum wage law
- Uber and Lyft said they will stop operations in Minneapolis after the city council voted to override Mayor Jacob Frey's veto of the new minimum wage law.
- 03/15/2024
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Uber and Lyft Threaten to Pull Out of Minneapolis After City Council Vote
- Local lawmakers in the Minnesota city voted on Thursday to guarantee a minimum hourly wage to ride-hailing drivers.
- 03/15/2024
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Uber, Lyft to stop operations in Minneapolis over minimum wage law
- Uber Technologies and Lyft said on Friday they will stop operations in Minneapolis starting May 1 after the city's council paved the path for rideshare drivers to be paid a minimum wage.
- 03/15/2024
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Uber and Lyft Are Leaving Minneapolis Over Pay Dispute. Their Stocks Are Falling.
- The city council said they have to pay drivers more, which the companies say makes the business uneconomical.
- 03/15/2024
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Lyft and Uber say they'll leave Minneapolis after city requires drivers to be paid more
- MINNEAPOLIS — Lyft and Uber said they will cease operations in Minneapolis after the city's council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of $15.57 an hour.
- 03/14/2024
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Lyft, Uber plan to leave Minneapolis after city council forces them to hike driver pay
- Both companies promised to push for statewide legislation that would counter the Minneapolis ordinance.
- 03/14/2024
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The 'Mag 7 Bench': Josh Brown Picks The Next Magnificent 7 Stocks - CrowdStrike Holdings (NASDAQ:CRWD), Advanced Micro Devices (NASDAQ:AMD)
- As the mega-cap tech rally stalls, investors are starting to think about what stocks could make up the next “Magnificent Seven.” Ritholtz Wealth Management‘s Josh Brown used a stock screener and came up with seven names he calls the “Mag 7 Bench.
- 03/14/2024
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7 Growth Stocks to Sell in March Before They Crash & Burn
- If you want to know which growth stocks to sell this month, you're in the right place. Growth stocks have had a tremendous start to 2024.
- 03/14/2024
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Why the CEO of Uber wants sharing rides to be ‘cool' again
- If you have any ideas about how to make sharing Uber rides cool again, CEO Dara Khosrowshahi is all ears. It may seem trivial, but shared rides can help the company accomplish two of its more ambitious goals: to operate a fully electric fleet in the United States and Europe by 2030 and to increase accessibility so that hailing a ride is more affordable for a broader demographic.
- 03/13/2024
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Understanding Bull And Bear Market Cycles With Jon Wolfenbarger
- Jon Wolfenbarger aims to help individual investors generate double-digit profits and beat the market in both bull and bear markets.
- 03/13/2024
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Up 140% in a Year, Is Uber a Buy Today?
- Uber's business is amazing, but is the stock a buy at these prices?
- 03/13/2024
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Uber CEO Khosrowshahi reveals the three goals at the top of his to-do list
- Uber's future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while on stage this week at SXSW. His vision, which he charted out during an interview with city of Austin Mayor Kirk Watson, isn't entirely new.
- 03/12/2024
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Why Uber Technologies (UBER) is a Top Momentum Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/11/2024
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Sound in film: The 'uber geniuses' of the invisible art you just can't cheat
- Oscar-nominated actors like Cillian Murphy and Carey Mulligan might be the headline-grabbing stars you'll hear mentioned everywhere ahead of this Sunday's ceremony.
- 03/08/2024
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Why Is Uber (UBER) Up 10.9% Since Last Earnings Report?
- Uber (UBER) reported earnings 30 days ago. What's next for the stock?
- 03/08/2024
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Why Uber Rallied 21.8% in February
- Uber's earnings report impressed, but not nearly as much as its Investor Day. Management laid out the case for continued growth at scale.
- 03/08/2024
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A Rising Tide Lifts These 3 Stocks Getting Upgraded
- Improving analysts' sentiment is one surefire method to get a stock price moving, and Lululemon Athletica NASDAQ: LULU, Target NYSE: TGT, and Uber Technologies NYSE: UBER have that. These stocks are not only featured on Marketbeat's list of Most Upgraded Stocks, but recent activity has caused them to rise in the rankings.
- 03/08/2024
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Missed Out on Uber? Buy Grab Stock Instead
- Southeast Asia's ride-hailing and delivery market is only a few years behind North America's and Europe's. Grab Holdings is a leader in this region with a broad range of services, giving the company a competitive edge.
- 03/07/2024
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Uber Technologies, Inc. (UBER) Morgan Stanley Technology, Media & Telecom Conference (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2024 3:35 PM ET Company Participants Dara Khosrowshahi - Chief Executive Officer Conference Call Participants Brian Nowak - Morgan Stanley Brian Nowak Alright. Good afternoon, everyone.
- 03/06/2024
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6 Stocks to Buy—When the Market Finally Drops
- The names all have ties to tech—and at least three are well known.
- 03/06/2024
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Millionaire Makers: 3 Stocks That Could Skyrocket Your Wealth
- The future of the U.S. economy looks promising. Economists predict faster growth, reduced inflation and healthy job creation in 2024.
- 03/05/2024
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Riding Uber From Cash Burn To Cash Cow: Mini Deep Dive On Uber
- Riding Uber From Cash Burn To Cash Cow: Mini Deep Dive On Uber
- 03/05/2024
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Uber's Unstoppable Ascent - Gearing Up For A Groundbreaking Leap Towards The $90 Milestone - Uber Technologies (NYSE:UBER)
- Uber Technologies Inc UBER first gained fame for transforming the ride-hailing sector. The company has smartly broadened its scope to include delivery services, a field that's now experiencing rapid growth.
- 03/05/2024
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 03/05/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 03/05/2024
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Better Ride-Hailing Stock: Uber or Lyft?
- Uber owns about three-quarters of the ride-hailing market even as it continues to expand. Its smaller competitor, Lyft, isn't yet profitable like Uber, but that should change soon.
- 03/05/2024
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Uber Eats starts robot deliveries in Tokyo
- "Caution: robot!" chirps the green self-driving delivery vehicle as it trundles down the street to a pork cutlet restaurant in Tokyo to pick up a meal ordered on Uber Eats.
- 03/05/2024
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3 Top-Ranked Stocks to Buy for Big Growth
- Growth-focused investors have been rewarded handsomely over the last year, enjoying considerable gains. And for those wanting to join the party, these three stocks could be a place to start.
- 03/04/2024
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Ride-Hailing Is Uber's Big Moneymaker, But That Could Change in the Future. Should Investors Care?
- Uber is already turning a profit as a ride-hailing operation. Food and product deliveries, however, are growing just as fast.
- 03/03/2024
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The Bull Market Is Official: 2 No-Brainer Stocks to Buy With $100 Right Now
- Uber is the global leader in ride-sharing services. Its massive network is helping it gain share in online food delivery.
- 03/03/2024
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Will Uber Be a $1 Trillion Company by 2030?
- Uber's largest business is its flagship ride-hailing service. While the company offers an alternative to traditional taxis, Uber also offers convenient delivery services for food and consumer goods.
- 03/02/2024
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Wall Street Analysts Think Uber (UBER) Is a Good Investment: Is It?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 02/29/2024
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Best performing S&P 500 stocks in 2024
- As March 2024 draws near, the performance of the S&P 500 Index is starting to reveal itself, with some stocks demonstrating notable growth while others show potential for valuation increases in the months ahead.
- 02/28/2024
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Wendy's planning Uber-style surge pricing
- Fast food chain The Wendy's Company is said to be in the process of introducing a new Uber Technologies Inc (NYSE:UBER, ETR:UT8)-style model whereby the prices of its menu items change in real-time based on demand. Set to be rolled out as early as 2025, the surge-pricing system would be powered by artificial intelligence and feature on new digital menus, according to a spokesperson.
- 02/27/2024
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Uber's Projected Growth Is Fully Reflected in Its Share Price
- Uber Technologies Inc. (UBER, Financial) has received a lot of attention due to its impressive performance, with its stock price increasing by more than 118% over the past 12 months. The stock has surpassed its previous peak of $60.70 per share in February 2021, achieving an all-time high of $81.40 at the time of writing.
- 02/26/2024
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Top Picks From Wall Street: 2 Magnificent Growth Stocks to Buy Now and Hold Long-Term
- BMO Capital selected Alphabet and JPMorgan Chase selected Uber Technologies as top stock picks in 2024. Alphabet is leaning on AI to boost its already strong presence in digital advertising and cloud computing.
- 02/25/2024
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3 Reasons Why Warren Buffett Would Love (and 1 Reason He Would Hate) These Phenomenal Growth Stocks
- Thanks to their massive scale, Airbnb and Uber offer superior services in their industries. Both companies possess powerful network effects and generate positive operating income.
- 02/24/2024
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Uber Is Becoming a Cash-Flow Machine. Can DoorDash Follow the Same Path and Offer Big Gains for Investors?
- Uber helped turn around its business by making important cuts to spending. And it developed revenue streams with better margins, thereby boosting cash flow.
- 02/24/2024
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5 Technology Stocks Powering the S&P 500 ETF This Year
- The S&P 500 Index reached another record high in the wake of Nvidia's (NVDA) blockbuster earnings, which spread bullishness across the globe. We have highlighted five technology stocks that have gained in double digits so far this year.
- 02/23/2024
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Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 02/23/2024
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/23/2024
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Nvidia 'uber-bull' Paul Meeks discusses what signal would make him reduce his position
- Paul Meeks of Harvest Portfolio Management says that while there still is upside for Nvidia, the rally won't last forever and so he is watching out for this metric as a sign it is time to become more conservative on the stock.
- 02/23/2024
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Uber CEO says the company took its drivers 'for granted'
- Uber CEO Dara Khosrowshahi says that prioritizing drivers helped the company weather the pandemic. He acknowledged that drivers have been undervalued, and said that Uber needs to earn their loyalty.
- 02/22/2024
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Uber CEO says firm to explore integration with India's ONDC
- Uber has signed a memorandum of understanding with an Indian government-supported program that aims to make transportation and business more accessible across the South Asian region. The ride-hailing giant said Thursday that it will explore an integration with the network to expand the range of its mobility offerings on the Uber app.
- 02/22/2024
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This stock has risen over 100% since US politician bought it
- The term “insider trading” takes on a different significance for regular investors when they discover that specific traders possess information about stocks or potential government investments that aren't accessible to everyone.
- 02/21/2024
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Uber Eats is launching a delivery service with Cartken's sidewalk robots in Japan
- Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies announced that the service offered through the Uber Eats app will launch in a select part of Tokyo by the end of March.
- 02/21/2024
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Uber Eats to begin self-driving robot deliveries in Japan
- The sidewalk robot deliveries are set to start by the end of March in a select area of Tokyo.
- 02/20/2024
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3 Stocks Jumping Aboard the Stock Buyback Bandwagon
- Stock buybacks are one of the many actions companies use to attract investors and raise their share price. A board of directors typically approves when a company repurchases its shares in the stock market, decreasing the overall number of outstanding shares.
- 02/20/2024
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UBER Rides Higher & META's Year of Efficiency
- Morningstar has a $74 fair value estimate on Uber (UBER). Morningstar's Ali Mogharabi discusses why Uber continues to ride higher.
- 02/20/2024
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This Ride-Hailing Stock Has Nearly 20% Upside, According to 1 Wall Street Analyst
- A Deutsche Bank pundit is now convinced the shares could hit $95. His new take was inspired by management's pronouncements on the company's investor day.
- 02/20/2024
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5 Best-Performing S&P 500 Stocks Halfway Through Q1
- Nvidia (NVDA), Eli Lilly (LLY), Meta Platforms (META), Uber Technologies (UBER) and Ralph Lauren (RL) are the five best-performing stocks in the S&P 500.
- 02/20/2024
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Should You Buy Uber Stock Right Now?
- I update my recommendation on Uber stock after its quarterly earnings.
- 02/20/2024
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History Says the Stock Market Will Soar: 2 Top-Pick Growth Stocks to Buy Now and Hold Long Term
- Uber is a top pick at JPMorgan Chase and MercadoLibre is a top pick at Morgan Stanley. Uber is the market leader in ridesharing and food delivery services, and the company is capitalizing on cross-platform synergies.
- 02/20/2024
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Wall Street sets Uber stock price for next 12 months
- On Valentine's Day, Uber (NYSE: UBER) gifted its shareholders with the announcement of the company's first-ever stock buyback program. The news was, judging by the initial reaction on the stock market, well received and saw the firm surge 14.73% in a single trading day on February 14.
- 02/19/2024
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Is This 1 Thing the Biggest Risk for Uber Stock?
- Uber's revenue and earnings crushed analyst estimates last quarter. The possibility of full autonomous-driving technology could completely disrupt Uber.
- 02/18/2024
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Uber: Autonomous Vehicle Upside To Come Despite Present Overvaluation Concerns
- Uber's essential operating segments include Mobility, Delivery, and Freight, connecting consumers with various transportation options. Uber stock is currently at all-time highs, but there are concerns about its short-term price sustainability. Uber is making strategic moves in the autonomous vehicle industry, partnering with companies like Motional, Nuro, Waymo, and Toyota.
- 02/18/2024
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Letting Winners Run - Steven Cress On Alpha Picks' Outperformance
- Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that selects the 2 best stocks from Seeking Alpha's Quant Strong Buys on a monthly basis.
- 02/16/2024
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Power Players: 3 Growth Stocks to Grab After Impressive Quarterly Results
- The stock market has been hitting record highs since the start of 2024. Driven by the technology sector, the Nasdaq has grabbed headlines, and several stocks have hit an all-time high.
- 02/16/2024
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Why Uber Stock Was Thundering Ahead This Week
- What helped greatly was the launch of the rideshare titan's first share buyback program. This followed the publication of excellent quarterly and full-year results the previous week.
- 02/15/2024
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These 3 Companies Recently Provided Rosy Guidance
- Positive guidance is one of the most bullish announcements shareholders can hear, injecting confidence in the future picture. And that's precisely what these three companies have announced.
- 02/15/2024
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Giving Uber Its Due
- We've also got a look at good news from Chipotle and Roblox, and we put some stocks on a dating show.
- 02/15/2024
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Dan Loeb's Third Point Exited Alphabet, Slashed Uber Stake in Fourth Quarter
- Billionaire Dan Loeb's Third Point Capital exited its position in Alphabet (GOOGL) and slashed its stake in Uber Technologies (UBER) in the fourth quarter of 2023, while also reducing its positions in Amazon (AMZN), Microsoft (MSFT) and Taiwan Semiconductor Manufacturing (TSM), according to the company's latest 13-F filling.
- 02/15/2024
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Uber still industry best as its targets faster growth, says broker
- Uber Technologies Inc (NYSE:UBER, ETR:UT8) is “the best idea within the mobility” industry, according to analysts, after the group's three-year growth targets beat expectations. Management said it expects gross bookings to grow at a mid to high-teens compound annual growth rate (CAGR), whereas Wedbush analysts had forecast a 14.7% CAGR.
- 02/15/2024
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UBER Stock Skyrockets on Inaugural Buyback Announcement
- The buyback announcement highlights UBER's shareholder-friendly attitude.
- 02/15/2024
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Have Uber and Lyft Finally Found a Way to Make Ride-Sharing Profitable?
- Getting there has been a bumpy ride. Analysts want to see if the companies can sustain it.
- 02/15/2024
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Tiger Global slashes stakes in Magnificent Seven while piling into semiconductor makers
- Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconductor companies, regulatory filings for the final three months of 2023 show.
- 02/15/2024
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Daniel Loeb's Third Point slashes stake in Uber
- Daniel Loeb's hedge fund, Third Point, reduced its stake in ride-share platform Uber by about 76% to 1 million shares, a filing with the U.S. SEC showed on Wednesday.
- 02/14/2024
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Uber stock pops on $7B share buyback program announcement
- Shares of Uber (UBER) are up intraday Wednesday after the company announced its board has authorized a share buyback program of up to $7 billion for the first time ever. This comes on the heels of the ride-share service's strong fourth-quarter earnings results.
- 02/14/2024
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S&P 500 Gains and Losses Today: Uber Soars After First-Ever Buyback Authorization
- Major U.S. equities indexes rebounded on Wednesday, recovering some of the ground they lost in the previous session. The S&P 500 advanced 1.0%, while the Nasdaq and the Dow were up 1.3% and 0.4%, respectively.
- 02/14/2024
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UBER All-Time High & LYFT's First Positive Free Cash Flow
- Lyft (LYFT) sees positive full year free cash flow for the first time. Kevin Hincks and Jenny Horne discuss this, as well as how Uber (UBER) hits a new all-time high today.
- 02/14/2024
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UBER, LYFT, DASH Drivers' Strike Begins
- The Uber (UBER), Lyft (LYFT), and DoorDash (DASH) drivers' strike has begun. Anthony Bartolacci and Sandra Cho discuss this, along with how Lyft is higher after earnings despite a clerical error.
- 02/14/2024
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Why Are Stocks Up Today?
- Stocks are regaining some of Tuesday's lost ground midway through the week. So why are stocks up today?
- 02/14/2024
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Uber and Lyft are 'executing' on profitability'..and have proven they can survive, Researcher says
- Ride-hailing service Lyft (LYFT) continues to see its stock soar Wednesday — cooling after a colossal rise in Tuesday's after-hours trading — while reporting positive forward guidance. Uber (UBER), a major competitor in the space, topped its fourth-quarter earnings estimates, citing significant increases in year-over-year bookings.
- 02/14/2024
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7 Tech Stocks to Buy Amid the Flying Pink Slips
- It's always rough to deal with layoffs but if you're looking at tech stocks to buy from a pure profit standpoint, reduced spending on either non-core units or businesses that just don't pass muster may be beneficial in the long run. Again, it's a terrible situation for workers and it's something that could be increasingly common.
- 02/14/2024
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Chart of the Day: Uber surges to record high
- CNBC's Deirdre Bosa joins ‘Halftime Report' to discuss the latest news on Uber as the stock surges to record highs today.
- 02/14/2024
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Uber Technologies (UBER) is a Great Momentum Stock: Should You Buy?
- Does Uber Technologies (UBER) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/14/2024
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Why Uber Stock Is Soaring Today
- Uber announced that it would be repurchasing its own stock for the first time. The board of directors voted to authorize up to $7 billion in buybacks.
- 02/14/2024
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Uber Put a Lot More Gas in its Tank
- The company announced new financial targets that point toward better-than-expected growth.
- 02/14/2024
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Uber and Lyft Valentine's Day strikes fail to dent shares
- Uber, Lyft and DoorDash drivers are striking on Valentine's Day as they battle for better pay. However, it hasn't affected investors' sentiment all that much, with shares in all three trading higher.
- 02/14/2024
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Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility
- Uber and Lyft's most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there's a core focus for both firms: That would be matching the supply and demand for movement, of course, for drivers and customers to link up across platforms.
- 02/14/2024
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UBER Stock Alert: Uber Unveils $7 Billion Share Buyback Plan
- Uber (NYSE: UBER ) stock is advancing in early trading after the ridesharing and delivery company announced its first-ever share-buyback plan. Specifically, the firm's board agreed to allow the firm to take up to $7 billion of UBER stock off the market.
- 02/14/2024
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Uber Stock Hits Record High, Lyft Has Best Day Ever In $18 Billion Ride Hailer Coup
- Shares of Uber and Lyft skyrocketed Wednesday after both firms projected stronger financial growth than expected, though Wall Street remains far more convinced about Uber's prospects than Lyft's.
- 02/14/2024
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Uber stock pops more than 10% on $7 billion share buyback
- Uber's stock spiked more than 10% Wednesday morning after the ride-sharing company announced it will buy back up to $7 billion worth of company shares.
- 02/14/2024
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Uber stock popped nearly 10% on Wednesday: what happened?
- Uber Technologies Inc (NYSE: UBER) is up close to 10% at writing after announcing ambitious target for the next three years.
- 02/14/2024
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Uber Stock Rises on Share Buyback Plan. How Much and What It Means.
- Uber Technologies shares were gaining on Wednesday after it authorized its first-ever share buyback plan. It's a milestone for the ride-hailing company after years of burning cash.
- 02/14/2024
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Uber announces its first share buyback program with an authorization for up to $7 billion worth
- Uber Technologies Inc. UBER announced its first-ever share buyback program on Wednesday saying its board has authorized the repurchase of up to $7 billion worth of stock. Chief Financial Officer Prashanth Mahendra-Rajah said the move was a vote of confidence in the company's financial momentum.
- 02/14/2024
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Uber, Lyft, DoorDash drivers expected to strike Valentine's Day: What we know so far
- Uber, Lyft and Doordash drivers plan to walk off the job in a nationwide strike on Valentine's Day.
- 02/13/2024
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LYFT & UBER Plan Valentine's Day Strike
- Lyft (LYFT) and Uber (UBER) drivers are planning a strike in the U.S. and Canada for Wednesday. Caleb Silver discusses this and previews Lyft ahead of earnings.
- 02/13/2024
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Can Uber (UBER) Run Higher on Rising Earnings Estimates?
- Uber (UBER) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/13/2024
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Is It Worth Investing in Uber (UBER) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 02/13/2024
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These six top stocks are making Valentine's Day shine, should you buy?
- Love is in the air – at least, for certain picks on the stock market it is. America's National Retail Federation says that nearly $26 billion will be spent on Valentines Day this year in the U.S. alone, representing “a new high of $14.
- 02/13/2024
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Thousands of Uber, Lyft, DoorDash drivers to strike on Valentine's Day to demand fair pay
- Thousands of drivers for Uber, Lyft and DoorDash are expected to go on strike in several U.S. cities on Valentine's Day seeking fair pay for their services.
- 02/13/2024
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Three-Stock Lunch: DoorDash, Uber and Squarespace
- Malcolm Ethridge, CIC Wealth EVP, joins 'Power Lunch' to discuss his plays for three stock including DoorDash, Uber and Squarespace.
- 02/12/2024
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Valentine's Day Strike: What to Know as Uber, Lyft Drivers Prep to Stop Rides Feb. 14
- Wall Street is abuzz over the upcoming Uber (NYSE: UBER ) Strike this Valentine's Day, Feb. 14. Indeed, Both Uber and Lyft (NASDAQ: LYFT ) drivers plan to cease driving in major U.S. and Canadian cities this Wednesday in protest of declining pay, driver safety and more, according to Business Insider.
- 02/12/2024
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Rideshare, Delivery Drivers to Strike on Valentine's Day
- An organization representing rideshare drivers and delivery workers is organizing a strike on Valentine's Day (Wednesday, Feb. 14). Justice for App Workers is calling on drivers to not take rides to or from airports in 10 markets, according to a page on its website dedicated to the strikes.
- 02/12/2024
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Uber, Lyft, DoorDash drivers to strike on Valentine's Day over ‘incredible decrease' in pay
- The strikes are set to take place about a week after Lyft said it would pay the difference if drivers made less than 70% of what riders paid after external fees each week.
- 02/12/2024
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Deliveroo and Uber Eats riders to strike on Valentine's Day
- Delivery staff for takeaway giants Uber Eats and Deliveroo have announced a strike for Valentine's Day, claiming payments for their work are “shocking”. Action will take place between 5pm and 10pm on Wednesday with teh target to to earn at least the minimum wage, one group told the BBC.
- 02/12/2024
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 02/12/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 02/12/2024
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Is It Too Late to Buy Uber Stock?
- Economies of scale have helped the ride-hailing pioneer turn the corner. Uber now hopes to become a major player in the autonomous-driving space.
- 02/12/2024
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Uber Beats Analyst Estimates, Tips the Scale From Growth Mode to Its First Annual Profit as a Public Company
- Uber's Q4 earnings report topped estimates as margins expanded significantly. The business is much more streamlined than it was a few years ago.
- 02/12/2024
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Uber quadruples EPS estimates, but is growth decelerating?
- Leading rideshare and delivery platform operator Uber Technologies Inc. NYSE: UBER reported a stellar earnings report to round out its first profitable year of operations in 14 years. Uber has achieved its goal of disrupting the transportation sector while fulfilling its path to profitability.
- 02/12/2024
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Uber Eats replaces controversial portion of Super Bowl ad after backlash
- It's shellved.
- 02/11/2024
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Uber ‘just started to flex its platform muscle': Can other gig-economy players keep up?
- After ride-hailing and delivery platform Uber Technologies Inc. reported quarterly results last week, the blurbs swept in from analysts.
- 02/11/2024
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Uber Stock Is Soaring: Is It a Buy Now?
- Uber's mobility business keeps growing quickly. Its food delivery business is profitable due to advertising.
- 02/11/2024
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4 Reasons to Buy Uber Stock Like There's No Tomorrow
- Uber has proven its core business has a viable future. Its back-end technology is superior to the competition, making for a better user experience.
- 02/10/2024
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3 Monster Growth Stocks That Could Explode in 2024
- This upscale brand's premium pricing breeds resilience and profits. Roblox's momentum is undeniable right now, and Wall Street is taking notice.
- 02/10/2024
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Uber Eats to offer Co-op discounts for member deliveries
- Uber Eats will provide Co-op members with discounted prices whenever they order from the supermarket while using the delivery app, in a UK supermarket first. Discounts on 250 Co-op products will be available on the app for customers who enter their membership number before checkout.
- 02/09/2024
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As Uber stock thrives, two competitors are holding merger talks
- Uber (NYSE: UBER) stock price is thriving as the company continues to consolidate its market share around the world. In the US, it has continued to beat Lyft, its closest competitor, which has been languishing from a competitive and profitability side.
- 02/09/2024
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Final Trades: Uber, Columbia Banking, Tesla, and NOBL
- Today's “Halftime Report” Investment Committee, Josh Brown, Bill Baruch, Jenny Harrington and Liz Young give their top picks to watch for the second half.
- 02/08/2024
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Uber share buybacks looking likely - analyst
- Analysts at Wedbush see a high likelihood of Uber Technologies Inc (NYSE:UBER) announcing a round of share buybacks after a confident fourth quarter. Uber reported robust fourth-quarter results, exceeding consensus estimates with gross bookings of $37.6 billion (a 22.2% year-over-year increase) and adjusted EBITDA safely above estimates.
- 02/08/2024
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Catalysts For Huge Rally In Uber (UBER) Stock
- Uber (UBER) sees its first full year profit since its IPO. Emil Michael discusses the outlook for Uber after its latest earnings.
- 02/07/2024
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Three-Stock Lunch: Disney, Snap & Uber
- Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss his take on three stocks: Disney, Snap and Uber.
- 02/07/2024
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Uber Posts Better-Than-Expected Earnings
- Uber Technologies Inc. (UBER) on Wednesday posted better-than expected fourth quarter earnings. However, the Uber stock in early trading slipped as much as 4% but recovered to make up the losses, perhaps on the chief financial officer (CFO)'s hints of an impending stock buyback to be announced next week.
- 02/07/2024
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In a first for Uber since becoming a public company, an annual profit.
- Uber posted its first full-year profit since going public in 2019 and its stock hit an all-time high Wednesday as strong bookings in the final quarter of the year pushed profit and revenue beyond Wall Street expectations.
- 02/07/2024
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UBER Beats on Q4 Earnings & Revenue Estimates, Rise Y/Y
- UBER's fourth-quarter 2023 earnings and revenues improve year over year.
- 02/07/2024
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Uber CEO Dara Khosrowshahi on Global Growth, Expansion and the EV Push
- Uber CEO Dara Khosrowshahi discusses the global growth of the company and where the company is seeing expansion opportunities. Uber reported gross bookings that beat analyst estimates.
- 02/07/2024
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Uber's Monthly Active Platform Consumer Roster Grows 15%
- Uber Technologies' most recent fourth-quarter results, released Wednesday (Feb. 7), show increased cross-selling among members taking advantage of mobility and delivery, and increased use of the platform with a growing roster of users. Supplementals released by the company detail that the active consumers were up 15% year on year to 150 million.
- 02/07/2024
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Landmark moment as Uber unveils first annual profit as limited company
- Controversial US taxi app firm turns $1.8bn loss into $1.1bn profit after years of spending billions of investors' cash to expand
- 02/07/2024
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Steve Weiss buys more Uber
- Steve Weiss, Joe Terranova and BMO's Brian Belski join CNBC's 'Halftime Report' to weigh in on his latest Uber trade.
- 02/07/2024
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Here's What Key Metrics Tell Us About Uber (UBER) Q4 Earnings
- While the top- and bottom-line numbers for Uber (UBER) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/07/2024
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UBER Stock Alert: Uber Just Posted Its First-Ever Profit
- Uber (NASDAQ: UBER ), the ride-sharing company, posted its first annual profit as a public company. The company said it earned $1.11 billion on revenue of $32.3 billion for the year.
- 02/07/2024
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Uber Stock Falters Despite Quarterly Win, Upbeat Forecast
- Uber Technologies Inc (NYSE:UBER) is brushing off a top- and bottom-line beat for the fourth quarter, last seen down 1.9% at $69.10.
- 02/07/2024
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Uber Sets Profit Record As Lyft And DoorDash Keep Losing Money
- Uber turned a profit last year for the first time in its five-year history as a public company, the ride-hailing giant revealed in its Wednesday morning earnings report, as Uber widens the distance between it and long-time rivals Lyft and DoorDash.
- 02/07/2024
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Uber CEO Dara Khosrowshahi on Q4 results: Continue to see consumer strength, especially in services
- Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported fourth-quarter results Wednesday that beat analysts' estimates on top and bottom line, state of the consumer, state of the company's delivery business, growth outlook, and more.
- 02/07/2024
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Uber hails ‘inflection point' as earnings beat estimates
- Uber Technologies Inc (NYSE:UBER) has said 2023 was an inflection point as it unveiled expectation-beating final quarter results on Wednesday. Per share earnings sat at US$0.29 for the final quarter, Uber said in a full-year results release on Wednesday, ahead of FactSet consensus estimates for US$0.16.
- 02/07/2024
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Uber Beats Earnings Expectations as Bookings Jump 22%
- Uber reports fourth-quarter earnings of 66 cents a share, beating analysts' estimates of 16 cents.
- 02/07/2024
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Uber notches huge earnings beat, but stock falls after results
- Uber Technologies Inc. UBER, +2.15% logged a sizable earnings beat for the latest quarter and delivered an upbeat outlook for the current one, but its stock was dropping about 1% in Wednesday's premarket activity. The company recorded fourth-quarter net income of $1.4 billion, or 66 cents a share, compared with $595 million, or 29 cents a share, in the year-before period.
- 02/07/2024
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Uber announces financial results for Q4
- Uber Technologies, Inc. (NYSE: UBER) has reported its financial results for the quarter and full year ending December 31, 2023, marking a significant milestone in its growth trajectory.
- 02/07/2024
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Is a Surprise Coming for Uber (UBER) This Earnings Season?
- Uber (UBER) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/06/2024
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UBER, DIS: Wide Moat In A.I., E-Commerce, & Digital Advertising
- There is a wide moat in secular areas like e-commerce, digital advertising, and A.I., notes Jason Ware.
- 02/05/2024
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Uber's stock chart may look ‘scary' — but this bull offers some perspective
- Uber Technologies Inc. shares surged 150% last year, and after that sort of rally, its stock chart admittedly could look “scary,” according to a Bernstein analyst.
- 02/05/2024
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Uber Lays Off Hundreds As Its Alcohol-Delivery App Drizly Folds Into Uber Eats
- Ride-hailing giant Uber plans to cut more than 150 employees as part of its decision to shut down its alcohol delivery service, Drizly—the Boston-based marketplace that exploded in popularity during the Covid-19 pandemic—and folds it Uber Eats.
- 02/05/2024
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Uber hits record high: What you need to know
- Joe Terranova, Sarat Sethi, and Steve Weiss join CNBC's 'Halftime Report' to debate if Uber can continue hitting new highs or if it's overvalued.
- 02/05/2024
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Pre-Earnings Uber Option Trade Offers 129% Annual Return
- For Uber Technologies, a trader selling the Feb. 9 put with a strike price of 66 could generate around $160 in premium.
- 02/05/2024
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This Growth Stock Has Tripled and Is Still a No-Brainer Buy
- It took a long time, but Uber is a profitable business. Its Uber One program and extensive first-party customer data are planting seeds for years of growth.
- 02/04/2024
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2 Stocks I'm Buying When Markets Pull Back
- Here are 2 stocks I'm prepared to pull the trigger on as soon as the market pulls back.
- 02/03/2024
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Unlocking Q4 Potential of Uber (UBER): Exploring Wall Street Estimates for Key Metrics
- Get a deeper insight into the potential performance of Uber (UBER) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 02/02/2024
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Uber Technologies (UBER) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Uber (UBER) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/31/2024
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Netherlands fines Uber over data protection
- Dutch regulators said Wednesday they are imposing a 10 million euro ($10.8 million) fine on ride-hailing app Uber for lack of transparency in how it treats the personal data of its drivers.
- 01/31/2024
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Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
- Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
- 01/29/2024
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 01/29/2024
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Uber files legal appeal against Paris Mayor's transport restrictions
- Uber said on Friday it had filed a legal appeal against the Paris Mayor's office regarding restrictions placed upon so-called VTCs - tourist vehicles with drivers - in the capital.
- 01/26/2024
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Can Uber stock reach $100 in 2024?
- In 2023, ride-hailing platform Uber (NYSE: UBER) experienced a significant milestone as its stock price more than doubled. This surge was propelled by various factors during the post-pandemic recovery, driven by increased investor confidence.
- 01/26/2024
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The Gig's Up: 3 Stocks to Sell as the Gig Economy Slows Down
- The gig economy is still going strong in 2024. It's also growing three times faster than the U.S. workforce as a whole, which is pretty cool.
- 01/25/2024
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Final Trades: Tesla, Uber, and Southern Copper
- 'Halftime Report' Investment Committee members, Josh Brown, Bill Baruch and Steve Weiss give their top picks to watch for the second half.
- 01/25/2024
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Uber downgraded, days after a ‘bearish engulfing' chart pattern appeared
- Shares of Uber Technologies Inc. extended their pullback Wednesday, after they were downgraded just days after the appearance of an ominous “bearish engulfing” chart pattern.
- 01/24/2024
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Uber Stock Has Been Flying High. Why One Analyst Downgraded.
- Gordon Haskett analyst Robert Mollins downgraded the ride-hailing and delivery company to Hold from Buy.
- 01/24/2024
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Uber Technologies (UBER) Stock Falls Amid Market Uptick: What Investors Need to Know
- In the most recent trading session, Uber Technologies (UBER) closed at $64.32, indicating a -0.36% shift from the previous trading day.
- 01/23/2024
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12 Stocks Near Record Highs Thanks to Bullish Consumer Sentiment
- The stock market is off to a solid start of 2024. All the major indices are at or near all-time highs, thanks in large part to bullish sentiment for tech.
- 01/23/2024
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Uber Drops Drizly; the Government Stalls an Airline Merger
- And we chat trends with Dave Holeman, CEO of Whitestone REIT.
- 01/22/2024
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Uber: Strong Profitability Improvement; Stock Is 40% Undervalued
- Uber Technologies has demonstrated significant growth in its mobility business, with robust booking and adjusted EBITDA growth over the past few years. The company's delivery business is starting to deliver profits, with over 34% of total revenue and positive adjusted EBITDA profits achieved in FY22. UBER's recent results and FY24 outlook show strong revenue growth, improved cash flow, and a robust balance sheet, indicating continued growth and margin expansion.
- 01/18/2024
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Why Uber Technologies (UBER) Dipped More Than Broader Market Today
- In the closing of the recent trading day, Uber Technologies (UBER) stood at $63.12, denoting a -0.83% change from the preceding trading day.
- 01/17/2024
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3 Picks from the Attractive Internet Services Industry
- Steadying interest rates and a stronger-than-expected economy are contributing to positive sentiments regarding the very broad-based Internet - Services industry. Valuation improvements are creating opportunities.
- 01/17/2024
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Uber Announces Date of Fourth Quarter 2023 Results Conference Call and Virtual Investor Update
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its fourth quarter 2023 financial results on Wednesday, February 7th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Investor Update Uber will also host a virtua.
- 01/17/2024
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Instacart Spikes as Analyst Suggests an Uber Takeover
- Instacart shares have been under pressure since the company joined the public market.
- 01/17/2024
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Uber could explore a merger with Instacart – analyst says
- Instacart (NASDAQ: CART) has been in a downtrend ever since it debuted on Nasdaq but a Wolfe Research analyst is confident the stock will rebound in 2024.
- 01/17/2024
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Uber says it's working with Tesla to boost EV adoption among drivers
- Uber is working with Tesla to promote use of electric vehicles by its drivers in the United States as it works towards becoming emission-free in U.S. and Canadian cities by 2030, the ride-hailing platform told Reuters on Tuesday.
- 01/16/2024
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UBER Intends to Shut Down Alcohol Delivery Service Drizly
- UBER aims to focus on its core Uber Eats business.
- 01/16/2024
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Uber Makes Strides Toward Super App Status by Shuttering Drizly
- For companies with super app ambitions, consolidation is a key strategy. Forging a seamless connection of experiences — even if they're disparate experiences — demands some components be readily in place: A digital front door.
- 01/16/2024
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/16/2024
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Uber to shut down booze app Drizly after acquiring it 3 years ago for $1.1B
- Uber is shutting down its alcohol delivery app Drizly just three years after buying it for $1.1 billion.
- 01/16/2024
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Uber is closing alcohol delivery service Drizly three years after acquistion
- Uber is shutting down alcohol delivery service Drizly, three years after the cab-hailing company acquired it for $1.1 billion. Drizly ran independently all this time, and Uber eventually decided to close it, as first reported by Axios.
- 01/16/2024
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Report: Uber Closing Down Drizly 3 Years After Acquisition
- Uber is reportedly closing down its alcohol delivery business, Drizly. The move comes three years after Uber bought Drizly for $1.1 billion, Axios reported Monday (Jan. 15), citing Uber's senior vice president of delivery, Pierre-Dimitri Gore-Coty.
- 01/15/2024
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Uber is shutting down alcohol delivery app Drizly
- Uber is shutting down its alcohol delivery app, Drizly, just three years after acquiring it for $1.1 billion. Buoyed by the pandemic-era at-home delivery boom, Drizly had grown to become the largest online marketplace for alcohol in North America, but it will officially shut down at the end of March 2024, according to Uber.
- 01/15/2024
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DoorDash, Uber Eats hike fees in blue state city over delivery app minimum pay law
- Doordash, Uber Eats and Instacart are warning consumers about higher prices and fees after the Seattle City Council's new minimum payment law for app-based workers took effect.
- 01/15/2024
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Uber: Reiterating Buy, Management Executes Well To Ride Upward Trend
- We're buy-rated on Uber. We see more room for upside in 2024 as Uber maintains dominance in its position across mobility and delivery with more measure share price gains. Management's execution in regard to labor laws confirms our belief that the new laws will have minimal impact on Uber's financials.
- 01/14/2024
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24 Assets to Invest in for 2024: Part 2
- Uber's Brand Strength, Coupang's Market Dominance, and Ethereum's Mainstream Crypto Potential.
- 01/13/2024
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Uber: Tons Of Room To Run
- Uber's platform remains sticky, and the company has managed to continually grow its user base, leading to a solid top-line growth trajectory. Despite the recent rally, Uber's stock still has the potential to break out to a higher valuation, potentially following a short pullback. The key risk is whether Uber can increase RPU, as the company continues to crush MAPC growth.
- 01/13/2024
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10 Tech Stocks With a Strong Buy Rating Right Now
- What will be the top tech stocks of 2024? That question has been on many investors' minds as the new year takes shape.
- 01/12/2024
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Uber: Why It Is Time To Downgrade
- Uber has finally returned to all-time highs. The company has shown strong financial results, with resilient top-line growth and impressive margin expansion. Increased driver supply has enabled Uber to reduce promotional activity.
- 01/12/2024
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Uber: Close To Fairly Valued After Strong 2023
- Uber has successfully scaled its business in ridesharing and food delivery. The company has opportunities for growth in expanding into underpenetrated international markets and introducing new offerings in its Mobility segment. With the stock more than doubling over the past year, it is now close to fairly valued.
- 01/12/2024
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Uber Technologies (UBER) Ascends While Market Falls: Some Facts to Note
- In the latest trading session, Uber Technologies (UBER) closed at $63.47, marking a +1.7% move from the previous day.
- 01/11/2024
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Uber, DoorDash and Instacart can integrate more deeply into local commerce, Goldman Sachs says. They're less optimistic about Lyft.
- The fortunes of gig-economy giants like Uber Technologies Inc., DoorDash Inc. and Instacart will increasingly depend on their ability to broaden what they deliver and to integrate more deeply into local economies, Goldman Sachs analysts said on Thursday. But they saw fewer benefits this year for one of the bigger industry players that hasn't expanded into delivery, Lyft Inc.
- 01/11/2024
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3 Stocks to Profit from the Enormous Gig Economy
- The traditional economy and workplace continues to evolve. The results of that transition are very evident in the gig economy.
- 01/11/2024
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Final Trades: Uber, URNM, Abbott Labs and Vertex Pharma
- Brenda Vingiello, Sand Hill Global Advisors CIO, Bryn Talkington, Requisite Capital Management managing partner, Jim Lebenthal, Cerity Partners chief equity strategist, and Josh Brown, Ritholtz Wealth Management CEO, join CNBC's 'Halftime Report' to share their final trades.
- 01/11/2024
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Investment Hotspots: 3 Stocks Where the Money's Flowing in 2024
- Halfway through January, investors are wondering what the most popular investments for 2024 will be. In 2023, the top-performing stock index was the Nikkei 225, up 30.1%, 590 basis points higher than the S&P 500.
- 01/11/2024
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Trade Tracker: The Investment Committee trading Cisco, Uber, Nike, and SLB
- Sarat Sethi, DCLA managing partner and portfolio manager, Amy Raskin, Chevy Chase Trust CIO, and Stephanie Link, Hightower Advisors chief investment strategist, join CNBC's Halftime Report' to debate the latest committee moves.
- 01/09/2024
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January's Transport Titans: The 3 Best Transportation Stocks to Buy Now
- The transportation sector is poised to have multiple, positive catalysts in 2024. Although the economy is slowing, the economic expansion will probably continue.
- 01/09/2024
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DoorDash upgraded to ‘Buy' by Jefferies as it overtakes Uber as top pick
- DoorDash Inc (NYSE:DASH) has overtaken Uber Technologies Inc (NYSE:UBER) as Jefferies' top pick in the food delivery sector, with analysts at the brokerage estimating it will double underlying earnings (EBITDA) in the next two years to $2.5 billion. They have upgraded the stock to ‘Buy' from ‘Hold' and raised their price target to $130 from $90.
- 01/08/2024
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2024 is going to be a massive year for Uber,' Wedbush's Dan Ives says
- Uber or Lyft? It's not just a question for individuals looking to hail a ride.
- 01/04/2024
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Gen Z's Top Picks for 2024: 7 Trending Stocks Among Young Investors
- Gen Z stocks aren't typical, because the generation has a unique relationship with the stock market. Just like Gen Z is the first to grow up fully immersed in digitization and the Internet culture, active market investing and trading is just another fact of life for a sizeable subset.
- 01/04/2024
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Wells Fargo is bullish on Uber in 2024
- Wells Fargo names ride-share company Uber (UBER) a top mobility stock for 2024 after seeing massive gains in 2023. Wells Fargo Senior Analyst Ken Gawrelski comments on Uber's growth outlook moving into 2024 and its dominant market share over competitor Lyft (LYFT).
- 01/03/2024
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Wall Street's 7 Favorite Stock Picks for 2024
- As we enter 2024, it's wise to pause and reevaluate your investment portfolio, shaking things up for the year ahead. With each new year comes shifting sentiment on Wall Street.
- 01/02/2024
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3 Food Delivery Stocks Set to Deliver Impressive Gains: DASH, UBER, CART
- Many food delivery stocks shined brightly for investors through 2023, especially for the bravest dip-buyers who gave them the benefit of the doubt in the back half of 2022. While the easiest gains seem to have already been made in the corner of food delivery, that doesn't mean there isn't any upside going into 2024, a year that could see rates begin to fall.
- 01/02/2024
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Wells Fargo Is Pounding the Table on UBER Stock
- Shares of Uber (NYSE: UBER ) are in the red today, although Wells Fargo sees tons of potential for the ride-hailing leader. This morning, the financial services company named UBER stock one of its top picks for 2024.
- 01/02/2024
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Stocks with the most ‘buy' analyst recommendations for 2024
- The dawn of 2024 brings a wave of optimism for the stock market, fueled by recent positive macroeconomic developments.
- 01/02/2024
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/01/2024
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S&P 500 Gains and Losses Today: Uber Gets a Downgrade
- U.S. equities ended the last trading day of 2023 on a down note, with the S&P 500 falling 0.3% and missing a chance to set an all-time high.
- 12/29/2023
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Uber and Lyft shares rallied this year. There may not be much left to drive them higher, analysts say
- Shares of Uber Technologies Inc. and the ride-hailing giant's smaller rival, Lyft Inc., have sprinted higher this year. But analysts on Friday suggested there might not be much left in the tank for either stock heading into 2024.
- 12/29/2023
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Nomura Downgrades Uber and Lyft After Outsized Gains in 2023
- While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgraded both Uber and Lyft, Seeking Alpha reported Friday (Dec. 29).
- 12/29/2023
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Nomura downgrades Uber to 'neutral'
- Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to share her Uber strategy.
- 12/29/2023
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These 20 stocks soared the most in 2023
- The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel.
- 12/29/2023
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Analyst Weighs in on 2 Rideshare Stocks
- Ridesharing bigwigs Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) are moving in opposite directions this morning, after Wall Street brokerage firm Nomura weighed in on the stocks.
- 12/29/2023
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Uber, Honeywell And Other Industrials Stocks From Wall Street's Most Accurate Analysts - Honeywell Intl (NASDAQ:HON), Caterpillar (NYSE:CAT)
- Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements.
- 12/29/2023
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Uber Technologies (UBER) Stock Sinks As Market Gains: Here's Why
- Uber Technologies (UBER) concluded the recent trading session at $63.14, signifying a -0.22% move from its prior day's close.
- 12/28/2023
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Final Trades: Uber, IBM, Cleveland-Cliffs, and more
- The 'Halftime Report' Investment Committee gives their top picks to watch for the second half.
- 12/28/2023
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3 tech stocks on the verge of major breakouts
- As we near the year's end, the technology sector is concluding on an impressive note, having recently reached new all-time highs. The tech sector has taken the lead throughout the year, outpacing the broader market significantly.
- 12/28/2023
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Uber eyes a new record price as analysts maintain a buy rating: should you?
- Uber Technologies, Inc. (NYSE:UBER) broke the potential $60 resistance amid growing bullish bets. The stock traded at $62, its highest since March 2021, shy of its record $64 as of February 2021.
- 12/27/2023
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Better Growth Stock: Uber Technologies vs. Airbnb
- Uber and Airbnb both disrupted well-established industries with their online platforms. Uber's profits have soared as it streamlined its business and exercised its pricing power.
- 12/27/2023
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Uber Stock Price Prediction in 2030: Bull, Base & Bear Forecasts
- On May 10, 2019, Uber Technologies Inc. (NYSE: UBER) opened for trading on the New York Stock Exchange.
- 12/26/2023
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Top Wall Street analysts like these stocks into the new year for their growth potential
- TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Uber and Costco.
- 12/24/2023
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Holiday travel: Uber, Lyft drivers hold hours-long protest at Atlanta airport
- Uber and Lyft drivers protested at the Atlanta airport on Saturday to demand higher wages from the rideshare companies.
- 12/24/2023
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2 Stocks I'm Buying Leaps For
- Here are 2 stocks I'm considering buying leaps for to start 2024.
- 12/23/2023
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3 Urbanization Stocks to Capitalize on City Growth in 2024
- Urbanization stocks are a cohort of stocks I haven't spent much time thinking about in recent years. However, I am concerned about climate change, so I think it's time I start paying closer attention.
- 12/23/2023
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Forget Lyft: Here Are 3 Reasons Uber Is the More Brilliant Stock to Buy in 2024
- Uber is starting to post consistent profits. Uber's scale creates a more powerful network effect.
- 12/22/2023
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Uber Technologies (UBER) Surpasses Market Returns: Some Facts Worth Knowing
- In the closing of the recent trading day, Uber Technologies (UBER) stood at $61.46, denoting a +1.29% change from the preceding trading day.
- 12/21/2023
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3 Gig Economy Stocks Set for Huge Growth in 2024
- The gig economy isn't slowing down anytime soon, and exposure to gig economy stocks can help round out a diversified portfolio. End-of-year estimates peg 2023's total gig economy volume around $455 billion, doubling from just five years ago.
- 12/21/2023
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Uber Agrees to Raise Minimum Wage for French Drivers
- Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip — up from 7.65 euros ($8.38) — and will be guaranteed an income of at least 30 euros ($32.88) per hour and 1 euro ($1.
- 12/20/2023
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Uber for Business Adds Integrations With 2 Expense Management Providers
- Uber for Business has integrated with expense management providers Brex and Ramp. With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and save time, Uber for Business said in a Tuesday (Dec. 19) press release.
- 12/19/2023
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Uber, DoorDash to make tipping harder for NYC customers
- According to Bloomberg report, Uber Eats (UBER) and DoorDash (DASH) have made changes to their respective apps to make it more difficult to tip drivers after a NYC wage law went into effect on December 4th. The new base rate is $17.96 an hour for the drivers, who are saying the tipping change could cause them to earn less in the long run.
- 12/19/2023
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Foot Locker: the next chapter begins with an uber-bullish upgrade
- Few stocks have mimicked a rollercoaster over the years as that of Foot Locker Inc NYSE: FL. With a chart made up of seemingly non-stop triple-digit rallies and double-digit drops, it's perhaps no surprise that, once again, Foot Locker shares are hitting the headlines.
- 12/19/2023
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Uber opens as S&P 500 firm, Zoom drops out of Nasdaq 100
- Uber Technologies Inc (NYSE:UBER) will trade as an S&P 500 company when the markets open in the US on Monday, while lockdown favourite Zoom is demoted from the Nasdaq 100. Along with electronics manufacturer Jabil Inc (NYSE:JBL) and Builders FirstSource, the materials producer, the newly promoted companies will take the place of Sealed Air Corporation (NYSE:SEE), Alaska Air Group (NYSE:ALK) and Solar Edge Technologies.
- 12/18/2023
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10 Stocks For 2024
- U.S. stocks in 2024 are expected to perform well due to projected decreases in interest rates by the Federal Reserve. The S&P 500 has historically shown positive returns and is a good long-term investment. Recommended stocks for 2024 include Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, Microsoft, Nvidia, Occidental Petroleum, Uber Technologies, and Vanguard S&P 500 ETF.
- 12/18/2023
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U.S. Chair of House Ethics Committee is buying gambling stocks
- Last month, Finbold reported allegations against Michael Guest, chairman of the House Ethics Committee, for allegedly trading around $500,000 in stock and options in 2023, violating the STOCK Act twice.
- 12/13/2023
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 12/12/2023
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Brokers Suggest Investing in Uber (UBER): Read This Before Placing a Bet
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 12/12/2023
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Could Uber Technologies Stock Help You Become a Millionaire?
- Uber has made a lot of progress over the past four years. Its stock still looks cheap relative to other high-growth tech stocks.
- 12/12/2023
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3 Hot Tech Stocks That Could Make You Richer in December (and Beyond)
- Uber's scale, pricing power, and rising profits deserve your attention. Super Micro's sales will soar as the AI market expands.
- 12/11/2023
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Uber: Buy The S&P 500 Inclusion Hype
- Uber's stock has surged 143% YTD with further upside on the S&P 500 inclusion news, which will likely attract more buying and a shift in perception. Uber's Q3 earnings showed strong growth, with revenues up 11% YoY and adjusted EBITDA up 112% YoY. Uber has significant growth potential, with a TAM estimated at $5.7 trillion and strong consumer demand for its services.
- 12/11/2023
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Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 12/11/2023
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Domino's Pizza upgraded to buy by Benchmark as loyalty program and Uber Eats partnership seen boosting sales
- Domino's Pizza Inc. DPZ, -1.77% was upgraded to buy by Benchmark on Monday, with analyst Todd Brooks highlighting a better appreciation for the company's drivers of same-store sales growth heading into the new year after an upbeat investor day. Domino's management cited the successful launch of a loyalty program and the positive sales impact of a partnership with Uber Eats at the start of fiscal 2024.
- 12/11/2023
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Sprouts hails a ride with Uber
- Sprouts Farmers Market said it has partnered with Uber Eats to broaden on-demand delivery of its produce. The company, one of the largest specialty retailers of fresh, natural and organic food in the United States, said starting with more than 40 locations in Florida, customers will be able to order thousands of its fresh, natural and organic products through Uber Eats' mobile app or website, where they either have their groceries delivered on-demand or schedule a delivery.
- 12/11/2023
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Sprouts Farmers Market to add more than 400 stores to Uber Eats for grocery delivery
- Sprouts Farmers Market Inc. SFM, -0.50% said Monday it's expanding its partnership with Uber Eats UBER, +1.18% and will add more than 400 stores to the grocery delivery platform. “Customers will be able to order thousands of fresh, natural and organic products from Sprouts by simply visiting the Uber Eats mobile app or website, where they can choose to have their groceries delivered on-demand or schedule a delivery for later in the day or week,” the company said in a statement.
- 12/11/2023
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Uber: This Rally Is Just The Beginning
- Uber's stock has rallied ~140% since the start of the year due to strong rideshare and delivery demand, as well as its inclusion in the S&P 500. The bull case for Uber remains strong, with impressive market share growth, a massive market opportunity, and a shift towards the sharing economy. Uber's Q3 results showed accelerated growth in gross bookings for both its mobility and delivery segments, demonstrating its strong position in the market.
- 12/10/2023
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Uber Has Made a Monster Comeback This Year. Could Lyft Be Next?
- Uber stock has more than doubled this year and recently joined the S&P 500. Investors have left Lyft behind, though the stock spiked in the last week.
- 12/09/2023
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Trade Tracker: Joe Terranova trims UBER, JPM and AVGO
- Joe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to discuss his latest trades and why he's trimming Uber, JPMorgan and Broadcom.
- 12/08/2023
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Uber Is Riding Into the S&P 500: Here's Why Its Stock Could Soar Higher
- Uber stock has been selected to join the S&P 500 index as of Dec. 18. It's a prestigious achievement that could add some zest to its stock price in the short term.
- 12/08/2023
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Uber Stock Is Set to Join the S&P 500. Should You Buy Before It Joins?
- Uber is slated to join the S&P 500 index later in December. The move could bring increased buying demand for Uber stock.
- 12/08/2023
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3 Stocks Benefitting from the Global Electric Bike Boom
- E-biking, or electric biking, is a form of cycling that uses a battery-powered motor to assist the rider. E-biking has risen in popularity over the past decade, particularly in urban areas, because of its convenience and affordability.
- 12/07/2023
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The 3 Best Stocks to Buy in December
- There are a lot of catalysts forming in the market right now. Crypto is in the midst of a rampaging bull run, the price of gold is flirting with an all-time high, Treasury yields are falling and expectations are growing that the U.S. Federal Reserve could begin cutting interest rates as soon as March of next year.
- 12/06/2023
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Uber is being added to the S&P 500. Does that make the stock a buy?
- Is Uber Technologies UBER, -0.58% really worth $2.6 billion more as a company now that it's being added to the S&P 500 SPX ? That's the question Uber investors should be asking in the wake of S&P Dow Jones indices' announcement last weekend that the ride-service company would become part of the S&P 500 index, effective Dec. 18.
- 12/05/2023
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Trade Tracker: Josh Brown details his latest portfolio moves
- Josh Brown, Ritholtz Wealth Management CEO, explains why he's buying Samsara and trimming Uber.
- 12/05/2023
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Uber Makes The Cut - Uber Technologies (NYSE:UBER)
- On Friday at market close, Uber UBER rumors of joining the S&P 500 were confirmed and should officially occur on Monday, Dec 18, 2023. Uber IPO'd over four years ago at around $42/share.
- 12/05/2023
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Wall Street sets Uber stock price for the next 12 months
- Uber's (NYSE: UBER) stock experienced a rise of over 2% on Monday, December 4, following S&P Dow Jones Indices' announcement that the ride-hailing company has been chosen to be included in the S&P 500.
- 12/05/2023
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Uber Delivery Expands Non-Restaurant Business With Launch of Courier Pickup
- Uber's delivery business is expanding beyond restaurants to include courier service from merchants not partnered with the company — a move that comes as aggregators race to capture consumers' loyalty outside of mealtimes. The company announced Tuesday (Dec.
- 12/05/2023
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A Bull Market Is Coming: 2 Top Growth Stocks to Buy Before They Shoot 31% and 47% Higher, According to Wall Street Analysts
- Uber's ability to grow its popularity among consumers while raising prices is getting attention from Wall Street analysts. Shares of Bill Holdings are down this year, but an analyst price target suggests it can start recovering soon.
- 12/05/2023
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3 Stocks Shaping the Future of Urban Mobility
- Urban mobility stocks are positioned to continue to deliver strong gains for investors. These companies are reasonably priced, and analysts expect them to be strong future performers.
- 12/04/2023
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Uber Shares Rally as Company Is Set To Join S&P 500 Index
- Shares of Uber Technologies (UBER) rose more than 2% Monday to a more than two-year high after S&P Dow Jones Indices announced that it will include the company in the S&P 500 Index—a move that could underpin support for the stock for much longer than one day.
- 12/04/2023
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UBER to be Added to the Coveted S&P 500 Index Post Rebalancing
- UBER's addition to the S&P 500 index is likely to boost its stock price.
- 12/04/2023
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Uber Shares Climb 5% as Company Secures Spot in S&P 500
- Ride-hailing giant Uber recorded a 5% increase in its shares Monday (Dec. 4), following the news that it was chosen to join the S&P 500. The announcement from S&P Dow Jones Indices sparked a flurry of purchases, CNBC reported Monday.
- 12/04/2023
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Uber set to join the S&P 500 index in latest sign of turnaround for the ride-hailing service
- Uber is set to join the S&P 500 index later this month, the latest sign that the ride-hailing and delivery company is turning its business around after struggling through much of the pandemic.
- 12/04/2023
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Uber's inclusion in S&P shows company is 'turning a corner,' says Mark Mahaney
- Mark Mahaney, Evercore ISI, joins 'Squawk on the Street' to discuss how Mahaney thinks about Uber's index inclusion to the S&P 500, Uber's current valuation, and the job cuts at Spotify.
- 12/04/2023
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Uber shares get a lift from S&P 500 inclusion
- Uber Technologies Inc (NYSE:UBER) shares jumped close to 6% early Monday on news that the ride-hailing company will be included in the S&P 500 from December 18, 2023. After the close of trade on Friday, S&P Dow Jones Indices announced that Uber and S&P MidCap 400 constituents Jabil Inc (NYSE:JBL) and Builders FirstSource will replace Sealed Air Corp, Alaska Air Group (NYSE:ALK) Inc and SolarEdge Technologies in the index of its 500 biggest companies as part of its quarterly rebalance.
- 12/04/2023
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Uber shares rally on S&P 500 inclusion
- Uber CEO Dara Khosrowshahi and his investors are celebrating the ride-sharing giant's latest milestone: being chosen as one of the S&P 500's newest members.
- 12/04/2023
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Uber shares pop as company is slated to join S&P 500
- The S&P Dow Jones Indices announced Friday that Uber has been selected to join the S&P 500 Index.
- 12/04/2023
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Uber Stock Hits 2-Year Peak on SPX Inclusion
- Uber Technologies Inc (NYSE:UBER) stock is 5% higher at $60.15 on news that the ride-hailing name is joining the S&P 500 Index (SPX).
- 12/04/2023
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These 2 Monday-Mover Stocks Are Flying Higher
- Markets moved lower on Monday morning. Hawaiian Holdings shares soared as the Hawaiian Airlines parent got an acquisition bid from Alaska Air.
- 12/04/2023
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Uber's stock up 4.2% after being added to S&P 500; Oppenheimer raises price target to $75 from $65
- Uber Technologies Inc.'s stock UBER, +1.72% soared 4.2% early Monday, after the ride-sharing company's stock was added to the S&P 500, prompting Oppenheimer to raise its price target to $75 from $65 and reiterate its outperform rating, the equivalent of buy. “Following the inclusion, we expect UBER to lean into growth and share buybacks, which should increase investor sentiment for growth/ return in 2024,” said analysts led by Jason Helfstein in a note to clients.
- 12/04/2023
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Uber, Coinbase, Spotify, and More Market Movers
- Here are the stocks making moves on Monday.
- 12/04/2023
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History Says the Nasdaq Could Soar in 2024 -- 5 Stocks You'll Wish You'd Bought if It Does
- The Nasdaq-100 technology index is sitting on a 46% gain in 2023. Historical data going back to its inception in 1986 suggests 2024 will almost certainly be another positive year.
- 12/03/2023
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Uber's and Jabil's stock to join the S&P 500
- Shares of Uber Technologies Inc. and Jabil Inc. rose in the extended session Friday after S&P Dow Jones Indices said the stocks will join the S&P 500 index in a little over two weeks.
- 12/01/2023
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Uber shares pop on inclusion in S&P 500
- Uber is joining the S&P 500 after the ride-hailing company generated almost $1 billion in profit in the past four quarters.
- 12/01/2023
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Uber, Jabil, Builders FirstSource to Join S&P 500
- S&P Global said the changes would become effective prior to the start of trading on Dec. 18.
- 12/01/2023
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Uber Join S&P 500. It's Not the Only Addition.
- Three companies will replace Sealed Air, Alaska Air Group, and Solaredge Technologies.
- 12/01/2023
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Uber price target raised to $70 at BTIG
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 12/01/2023
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Uber could join the S&P 500 following the index's rebalancing
- CNBC's Deirdre Bosa joins 'The Exchange' to discuss the latest news on the S&P 500 rebalancing.
- 12/01/2023
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Uber, DoorDash and Grubhub must pay NY workers $18 per hour
- Uber, DoorDash and Grubhub must pay their food delivery workers at least $17.96 an hour after losing their second attempt to block New York City's minimum wage law targeting the app-based firms. The ruling by a state appeals court Thursday forces the ubiquitous delivery services to either pay couriers the flat hourly rate of $17.
- 12/01/2023
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4 Growth Stocks to Buy and Hold Forever
- Buying and holding great stocks is a tried-and-true way to build long-term wealth. While tech stocks often garner attention, consumer companies can also be winning investments.
- 12/01/2023
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The 1 Reason Uber Is Now Profitable
- Uber is now making money, and there's a reason why.
- 11/30/2023
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London's Black Cabs Can Soon Join Uber. But Will They?
- In 2024, passengers are set to have the option to book black cabs through Uber. After longstanding tensions, a union for drivers said they “have no interest.
- 11/29/2023
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Uber to partner with London's black cabs despite disputes
- Uber is to roll out its service to London black cabs next year, it announced Wednesday, despite long-running friction between drivers of the traditional taxis and the US-based firm.
- 11/29/2023
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 11/29/2023
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Uber to offer London black cabs on app from New Year
- Uber has eased restrictions on black cabs in London with people in the capital able to book a taxi through its app from the start of next year. The US ride-hailing firm said it had already recruited a “small number” of taxi drivers and wanted to have several hundred on its books by January.
- 11/29/2023
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Uber to offer service in London's famous black cabs
- London's famous black cabs will soon be available to ride through Uber.
- 11/28/2023
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Will 2024 Be a ‘Stock Picker's Paradise'? 3 Names to Watch.
- Market strategists at Bank of America (NYSE: BAC ) recently made headlines by forecasting that the S&P 500 will reach a record level of 5,000 by the end of 2024. In a note to clients, the BoA team, led by analyst Savita Subramanian, said the New Year should usher in a “stock picker's paradise,” as the bank foresees a bullish year ahead for equities.
- 11/28/2023
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Uber's Path to Profitability: Evaluating Earnings, Cash Flow and Market Valuation
- Uber Technologies Inc. (UBER, Financial) was previously known for its rapid expansion yet unprofitable business. However, the company has been gradually transitioning toward generating positive free cash flow and achieving profitability.
- 11/28/2023
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The new plan to create a stock market portfolio for every child in America that's caught Microsoft, Uber and Dell's attention
- Microsoft, Uber and Dell are among companies interested in adding support to the idea of creating government-sponsored stock investing accounts for every child.
- 11/26/2023
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3 Best Food Delivery Stocks To Bet On For 2024
- Finding the best food delivery stocks to buy can be a challenge. Food delivery businesses fill an essential part of the consumer staples value chain.
- 11/26/2023
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Warren Buffett likes Uber's strong brand and value to customers, his deputy told a leading tech investor
- Warren Buffett appreciates at least one thing about Uber, the famed investor's deputy said. "We like verbs in Omaha," Ted Weschler said, according to Altimeter Capital's Brad Gerstner.
- 11/21/2023
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3 Meal Kit Delivery Stocks Serving Convenience — and Profits
- In the dynamic world of investing, meal kit delivery stocks have carved out a niche that's hard to ignore. Offering the convenience of pre-portioned, ready-to-cook meals delivered right to your doorstep, these companies are redefining the food industry.
- 11/20/2023
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Uber Stock Falls After Announcement of $1.2 Billion Convertible Notes Offering
- Uber (NYSE: UBER ) stock is sliding lower on Monday after the ride-hailing company announced a $1.2 billion convertible senior notes offering. This offer covers convertible senior notes that are due in 2028.
- 11/20/2023
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Uber Technologies to raise $1.2B in convertible debt offering
- Uber Technologies Inc (NYSE:UBER) announced on Monday plans to offer $1.2 billion of five-year convertible bonds, targeting qualified institutional buyers, which are due in 2028. The ride-sharing firm said it would use part of the proceeds to cover the cost of entering into capped call transactions that aim to reduce dilution upon conversion into equity.
- 11/20/2023
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Uber to offer $1.2 billion of five-year convertible bonds
- Uber Technologies Inc. UBER said Monday it is planning to offer $1.2 billion of five-year convertible bonds. The ride-sharing company said it would use part of the proceeds to cover the cost of entering into capped call transactions that aim to reduce dilution upon conversion into equity.
- 11/20/2023
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 11/15/2023
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3 Tech Stocks For Your November 2023 Watchlist
- Tech stocks to watch this month.
- 11/14/2023
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Deliveroo, Uber Eats and Just Eat told to reform courier rules after death of under-aged rider
- Deliveroo PLC (LSE:ROO), Uber Eats and Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) have been told by the UK government to tighten up their employment policies after it was found that under-aged workers were sometimes carrying out deliveries. Food delivery companies' delivery drivers and bikers are classed as self-employed, something the platform have battled hard in the courts to establish.
- 11/14/2023
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Uber Expands Safety and Earning Features on Driver App
- Uber is adding several features related to safety, navigation and earning to its app for drivers. “Today we're announcing improvements to the Uber Driver app, while also making earning on Uber safer and fairer,” Uber CEO Dara Khosrowshahi said in a Monday (Nov. 13) blog post.
- 11/13/2023
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Final Trades: Uber, Deere & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/13/2023
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Lyft, Grab or Uber? Which stock should you ride with?
- The rideshare industry has come a long way since its beginnings over a decade ago. While the business models make sense, the reality is that making profits is extremely hard for rideshare companies.
- 11/13/2023
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2 Earnings Misses to Buy Now
- Every quarter, there are always a few companies that are punished for their earnings.
- 11/11/2023
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Strong Mid-Cap Insider Buys: Q3 2023
- The article discusses sizable mid-cap insider purchases in Q3 of this calendar year. Insiders at Lyft, Inc, HighPeak Energy, Howard Hughes Holdings, and Coty, Inc have shown unusual interest in their own companies' stock, buying large amounts in the third quarter. After about three or four consecutive quarters of primarily discussing oil, gas, and regional bank stocks, the insider buying in those sectors appears to have slowed a bit.
- 11/11/2023
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The Score: Uber, Warner Bros. Discovery, Take-Two Interactive Software and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 11/10/2023
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UBER's Q3 Earnings and Revenues Miss Estimates, Rise Y/Y
- UBER's third-quarter 2023 earnings and revenues improve year over year.
- 11/10/2023
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Why These 3 Names Should Be on Your Stocks to Sell List
- While the stock market has been rallying lately, not every equity is marching higher. Many stocks are continuing to slide deeper into red on the year.
- 11/10/2023
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Uber and Lyft's Platform Paths Continue to Diverge
- It's commonplace to mention Uber and Lyft in the same breath in any conversation about the great travel snapback. As earnings reports through the past few days have shown, the rising tide of travel demand has lifted the core business of both companies.
- 11/10/2023
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3 Reasons Uber's Profit Growth Trend Will Persist
- Younger consumers are used to ride-hailing. All of these potential riders are growing up to see ride-hailing as the norm.
- 11/10/2023
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Uber Up On Upbeat Outlook, Misses Estimates: ETFs in Focus
- Ride-hailing giant Uber on Tuesday reported third-quarter earnings, which missed estimates. However, the company came up with an upbeat outlook.
- 11/08/2023
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Uber's Making Consistent Profit. What It Needs to Do Next.
- The ride-hailing company looks to be maturing but that brings its own demands. Here's what Wall Street wants to see.
- 11/08/2023
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Uber CEO Says New Customer Options Are Driving Growth
- Uber CEO Dara Khosrowshahi says new incentives and products are helping drive growth around the world. Third quarter revenue was up 11% from a year earlier, but that missed analyst estimates He speaks on "Bloomberg Technology.
- 11/07/2023
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Uber is showing impressive maturity, but it may be growing up too fast
- Uber Technologies Inc. took another step Tuesday in its evolution from a scrappy startup into a mature, profit-generating company, but it may be growing up too quickly.
- 11/07/2023
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Uber's stock on pace for highest close in more than two years
- Shares of Uber Technologies Inc. UBER, +1.80% on Tuesday were on pace for their highest close in more than two years, after the ride-hailing platform reported third-quarter results earlier in the day. The stock was up 2.6%, trading at $49.40, putting it on track for its highest close since July 6, 2021, when it closed at $50.80.
- 11/07/2023
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Uber Misses Profit and Sales Estimates, but Shares Rise as Bookings Soar
- Uber Technologies (UBER) shares reversed earlier losses and were 3% higher in midday trading Tuesday after the biggest ride sharing firm reported worse-than-expected results as its freight delivery business stumbled. The company blamed accounting changes for the slowdown in its sales growth.
- 11/07/2023
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Uber's Q3 numbers include impressive profitability gains, slower-than-expected growth
- The former startup darling's results can be viewed as an indication that its business model has matured and is now in a stable, profitable and cash-generating position.
- 11/07/2023
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Uber's margins will go higher next year and set for profitability growth: Oppenheimer's Helfstein
- Jason Helfstein, Oppenheimer analyst, joins 'Squawk on the Street' to discuss Uber's Q3 earnings results, where Helfstein believes Uber's margins will go next year, and more.
- 11/07/2023
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Uber One Members Top 15 Million and Generate 40% of Delivery Gross Bookings
- Uber's latest earnings results underscore continued growth in its membership rosters, increased spending by those members enrolled in Uber One, and cross-selling momentum across the platform itself. “We've now got 15 million Uber One members,” CEO Dara Khosrowshahi said on a Tuesday (Nov.
- 11/07/2023
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What's Weighing on Uber Stock Before the Open
- Uber Technologies Inc (NYSE:UBER) stock is roughly 1% lower before the open, after the company missed earnings and revenue expectations for the third quarter.
- 11/07/2023
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Uber, Vivid Seats, Vimeo, TripAdvisor, Squarespace – Stocks on the move
- Uber Technologies Inc (NYSE:UBER), down 0.7% to $47.80, swung to profit in the third quarter as customers flocked to the ride-hailing firm. Gross bookings in the three months ending September grew 21% year-over-year to $35.3 billion, with mobility gross bookings of $17.9 billion, up 31% on a year ago, and delivery gross bookings of $16.1 billion, up 18%.
- 11/07/2023
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Uber returns to profit in third quarter as bookings fly high
- Uber Technologies Inc (NYSE:UBER) swung to profit in the third quarter as customers flocked to the ride-hailing firm. Gross bookings in the three months ending September grew 21% year-over-year to $35.3 billion, with mobility gross bookings of $17.9 billion, up 31% on a year ago, and delivery gross bookings of $16.1 billion, up 18%.
- 11/07/2023
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Uber Sales Miss the Mark While Profit Beats Estimates
- Uber posts third-quarter earnings of 10 cents a share on revenue of $9.29 billion.
- 11/07/2023
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Uber notches earnings beat but comes up short on the top line
- Uber Technologies Inc. UBER, +0.82% came up a bit shy with its third-quarter revenue Tuesday, and its shares were choppy in premarket action following the latest report. The company reported $221 million in net income, or 10 cents in earnings per share, whereas the company recorded a net loss of $1.2 billion, or 61 cents a share, in the year-earlier period.
- 11/07/2023
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Uber bets on holiday travel demand to forecast strong fourth quarter
- Uber Technologies forecast fourth-quarter gross bookings and adjusted core profit above market expectations on Tuesday, betting that the holiday season would boost demand for its ride-hailing and food-delivery services.
- 11/07/2023
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Markets Stay Green Amid Higher Bond Yields
- We imagine some profit-taking took place through the course of the trading session, after the markets' strongest week in a year.
- 11/06/2023
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3 Stocks to Buy BEFORE They Report Earnings
- The earnings season can be an exciting time for investors. While a few can be disappointing, many others can generate solid gains for you.
- 11/06/2023
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Gig economy earnings on deck: Uber, Lyft, Cart report this week
- CNBC's Deirdre Bosa reports on the latest news from Uber, Lyft, and more ahead of earnings reports.
- 11/06/2023
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Uber Earnings Preview: ETFs in Focus
- Ridesharing stock Uber Technologies (UBER) is expected to report earnings on Nov 7 (before market open).
- 11/06/2023
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5 Must-Buy Stocks as Fed Sets the Stage for a Year-End Rally
- We have narrowed our search to five U.S. corporate behemoth that have strong growth potential for the rest of 2023. These are: SNPS, EMR, JPM, NVDA, UBER.
- 11/06/2023
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Lyft's gains from price cuts not enough to dent Uber's US lead
- Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit.
- 11/06/2023
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Disney, Uber, and More to Watch This Week
- Third-quarter earnings from Devon Energy, D.R. Horton, eBay, Occidental Petroleum, Uber, Kellanova, MGM Resorts, Walt Disney, and Warner Bros.
- 11/05/2023
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7 Reasons To Avoid Domino's Pizza Today
- If there is one pizza restaurant that everybody has seemingly ordered from at least once it would have to be Domino's Pizza, Inc.
- 11/05/2023
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Why San Francisco's robotaxi rollout has been such a mess
- Driverless cars are here, flooding the streets of San Francisco, but the launch of robotaxis from Cruise and Waymo has been plagued by problems.
- 11/04/2023
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2 Key Quarterly Releases to Watch Next Week
- Earnings season continues its rapid pace, with a wide variety of companies slated to report in the coming weeks. Concerning next week's docket, these two releases should grab plenty of attention.
- 11/03/2023
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Keybanc says buy Uber ahead of earnings
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 11/03/2023
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 11/03/2023
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As Uber earnings approach, this analyst just turned bullish on the stock
- As Uber Technologies Inc. prepares to report earnings next week, KeyBanc Capital Markets analyst Justin Patterson is taking a rosier view of its stock.
- 11/03/2023
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Uber Stock Gains Another Bull Ahead of Earnings
- Shares of the ride-hailing company are on a big run this year.
- 11/03/2023
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This Pizza Giant Is Taking a Risk With Uber Eats. Could It Pay Off for Investors?
- Domino's has long been the dominant pizza chain in the United States. It has typically controlled all aspects of its business, including on the takeout front.
- 11/03/2023
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The 7 Best Growth Stocks to Buy Now: November Edition
- In the thrill of bull markets, investors often race to buy the best growth stocks. Conversely, bear markets cast a shadow of hesitation, with investors wary of diving into the downtrend.
- 11/03/2023
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Uber and Lyft pay $328M to settle wage-theft complaints in New York
- Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James' investigation into whether the companies collected certain fees and taxes from drivers rather than passengers.
- 11/02/2023
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Uber, Lyft to pay $328 mn to drivers after New York state probe
- Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid sick leave, state officials announced Thursday.
- 11/02/2023
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Seeking Clues to Uber (UBER) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Uber (UBER), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2023.
- 11/02/2023
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Free pizza and Ubers: Judge will hold jurors past 8 p.m. as Sam Bankman-Fried trial enters final stretch
- The government will pay for pizza and Uber rides home for the 12 jurors who will decide the fate of FTX founder Sam Bankman-Fried
- 11/02/2023
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Uber and Lyft to pay $328M to settle accusations of ‘stealing earnings' from NY drivers
- Uber and Lyft will pay $328 million to settle accusations from New York's attorney general that the ride-sharing giants were “stealing earnings” from thousands of Big Apple drivers for years.
- 11/02/2023
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Uber and Lyft to pay out $328m to New York ride-share drivers
- Drivers celebrate ‘historic victory' as companies agree to settlement after being accused of withholding wages and benefits
- 11/02/2023
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Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
- Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. The investigations found that the companies withheld pay from drivers, deducting sales taxes and fees that should have been paid by riders, the Attorney General said in a Thursday (Nov.
- 11/02/2023
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Uber settles New York state claims related to unemployment benefits for drivers
- Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain unemployment benefits, New York Governor Kathy Hochul said on Thursday.
- 11/02/2023
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Uber And Lyft Agree To Pay New York Drivers $328 Million After Wage-Theft Allegations
- Uber and Lyft drivers in New York will now be guaranteed paid sick leave under the settlement.
- 11/02/2023
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Why Is Uber Stock Up 6% Today?
- Uber (NYSE: UBER ) stock is rising higher on Thursday after the company agreed to a settlement over a wage theft lawsuit. This lawsuit has Uber, alongside ride-hailing rival Lyft (NASDAQ: LYFT ), agreeing to pay a total settlement of $328 million.
- 11/02/2023
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Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state
- In addition to a financial settlement, Uber and Lyft agreed to ongoing changes in how they pay drivers and offer benefits in New York state
- 11/02/2023
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3 Growth Stocks to Buy to Beat the Market in 2024
- Growth stocks are companies that have seen a significant increase in overall share price, total revenue, and market capitalization within a relatively short time period. Growth companies are magnets for investors due to the fact that they are always looking for stocks that beat the market.
- 10/31/2023
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Lyft Is Losing Its Race With Uber. This Analyst Says Sell the Stock.
- The ride-hailing company is scheduled to post fiscal third-quarter earnings on Nov. 8.
- 10/31/2023
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3 Picks from the Still-Strong Internet Services Industry
- While the possibility of another rate hike and an economic slowdown reduce visibility, there are several opportunities in the very broad-based Internet - Services industry.
- 10/30/2023
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Robo-taxies remain a pipe dream and greedy companies have only themselves to blame
- While Tesla Inc. Chief Executive Elon Musk and others working on autonomous vehicles have suggested that robo-taxis and driverless cars are around the corner, recent developments say otherwise.
- 10/28/2023
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Uber set to report profit acceleration for 3Q
- Uber Technologies Inc (NYSE:UBER) is expected to follow up its first-ever quarterly operating profit achieved in the second quarter of 2023 with another strong performance in the third quarter when it reports its results before the opening bell in New York on Tuesday, November 7. The ride-share operator's 3Q earnings are expected to swing into positive territory, with analysts projecting earnings per share (EPS) of $0.13 compared to a loss per share of $0.61 in the year-ago quarter.
- 10/27/2023
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Uber just launched self-driving rides in Arizona
- Uber Technologies Inc (NYSE: UBER) is in focus this morning after it launched autonomous vehicles as rides in Phoenix, Arizona.
- 10/26/2023
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Uber and Waymo Launch Fully Autonomous Rides in Phoenix
- Fully autonomous rides are now available to Uber customers in Phoenix via a partnership of the ride-hailing platform and Waymo. Starting Thursday (Oct. 26), Uber customers in Phoenix who request a ride on the app may have the opportunity to experience Waymo Driver self-driving car technology, Uber said in a Thursday blog post.
- 10/26/2023
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Uber begins offering rides in self-driving Waymo cars
- Customers ordering an Uber in Phoenix now have the option to ride in a fully autonomous vehicle.
- 10/26/2023
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Could Hello Fresh Be the Next Meal Kit Service to Be Acquired?
- The pandemic lockdowns accelerated the use of food delivery and takeout services. Companies like Uber Technologies Inc NYSE: UBER, Uber Eats, Maplebear Inc. NASDAQ: CART, Instacart and Door Dash Inc. NYSE: DASH reintroduced consumers to eating at home, not to mention gig work.
- 10/25/2023
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2 Electric Flying Vehicles Stocks Ready to Fly or Crash in 2024
- Flying vehicles are no longer exclusive to movie screens and the Jetsons. They are no longer science fiction but rather quickly becoming a reality.
- 10/24/2023
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Final Trades: Bitcoin, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/23/2023
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/23/2023
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Why Uber Technologies (UBER) is a Top Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
- 10/23/2023
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Goldman's bullish call on Uber
- The 'Halftime Report' traders debate the biggest analyst calls of the day.
- 10/20/2023
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Final Trades: Microsoft, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/20/2023
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3 Momentum Anomaly Picks as Treasury Yields Induce Volatility
- Uber (UBER), NVIDIA (NVDA) and Carvana (CVNA) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 10/20/2023
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Uber: Profitable For Now
- Uber: Profitable For Now
- 10/19/2023
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The Future of Food Is Now: 3 Food Technology Stocks to Score Big
- Food technology stocks present robust long-term potential. Digital food delivery markets could potentially surge from their current valuation of $203.87 billion in 2023 to a whopping $473.07 billion by 2030, underpinned by a notable 10.03% compound annual growth rate (CAGR).
- 10/17/2023
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3 Top-Ranked Companies Boasting Strong Sales Growth
- Strong revenue generation leads to many positives, including scaling efficiencies and meaningful earnings growth. And these three have seen their sales grow notably over the last several years.
- 10/16/2023
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Uber Announces Date of Third Quarter 2023 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2023 financial results on Tuesday, November 7th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends to.
- 10/16/2023
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Final Trades: Interactive Brokers, Uber, Comcast & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/16/2023
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An Uber in the making? Here's how Instacart's stock could see better days ahead.
- After just a few weeks of public life, shares of Instacart are already trading below their listing price, but numerous analysts see better days ahead for the grocery-delivery company, which does business as Maplebear Inc.
- 10/16/2023
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3 Disruptor Stocks Poised to Reshape Their Industries by 2030
- These three disruptor stocks stand at the forefront of innovation in an era marked by technological revolutions. Specifically, their progressive focus on harnessing the power of AI and cutting-edge technology is reshaping the transportation landscape and beyond.
- 10/13/2023
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French taxi drivers bring unfair competition case against Uber
- Around 2,480 taxi drivers will embark on another round of their latest legal fight against Uber in Paris on Friday accusing the American giant of unfair competition as they seek around 455 million euros in damages.
- 10/13/2023
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3 Tech Stocks to Buy for High Growth
- Tech companies are commonly known for their explosive growth characteristics, with these three precisely fitting the criteria. On top of strong expected growth, all three sport a favorable Zacks Rank, undoubtedly a strong pairing.
- 10/12/2023
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Can Uber Eats' New Payment Approaches Drive Growth and Profitability?
- Uber Eats continues making significant moves toward diverse payment methods, aiming to expand its customer base and address societal needs. With the introduction of new payment methods, especially those linked to government programs, Uber Eats faces potential regulatory scrutiny.
- 10/12/2023
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Uber Technologies (UBER) Increases Yet Falls Behind Market: What Investors Need to Know
- In the latest trading session, Uber Technologies (UBER) closed at $46.64, marking a +0.02% move from the previous day.
- 10/11/2023
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Uber Eats now lets customers order from two stores at the same time
- Uber Eats now offers a way for customers to order from a second store in the same order.
- 10/11/2023
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Uber Eats Announces Multi-Store Ordering in Bid for Consumer Loyalty
- With leading restaurant aggregators offering roughly interchangeable services, Uber Eats is expanding its capabilities with the addition of Multi-Store Ordering to stand out to consumers. The company announced Wednesday (Oct.
- 10/11/2023
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Final Trades: Nike, Uber, Salesforce & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/10/2023
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Consumers Fuel Uber's Newest Return Service
- Most people consider returns annoying. And by most people, we mean the 79% of shoppers under 30 the National Retail Federation surveyed who consider mail returns to be somewhat or very bothersome.
- 10/10/2023
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2 Gig Stocks For a Recessionary Economy
- The gig economy became mainstream through Uber Technologies Inc. NYSE: UBER and exploded during the COVID-19 pandemic. The lockdowns accelerated the evolution of remote work, the elastic office, and Zoom Video Communications Inc. NASDAQ: ZM calls.
- 10/10/2023
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Fundamentals of U.S. Economy Remain Rock Solid: 5 Picks
- We have narrowed our search to five U.S. corporate behemoth providing more than 40% returns year to date with more upside left. These are: AMZN, NVDA, SNPS, UBER, AMAT.
- 10/09/2023
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Once a Labor Leader, Butler Angered Unions by Consulting for Uber
- The new California senator was part of the gig company's push to avoid having to classify its drivers as employees.
- 10/07/2023
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Uber's Moat Will Need To Brace For Google, Amazon Threats
- Uber is striving to lock customers into its ecosystem for the long-term, through its Uber One subscription service. While Uber One is indeed a great product strategy to induce loyalty and recurring revenue, it is currently a lower-margin product, hindering profitability growth. Investors should beware of rising competition from big tech giants like Google and Amazon seeking to take market share from Uber in the ride-hailing industry.
- 10/06/2023
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Here's Why Uber Technologies (UBER) Fell More Than Broader Market
- Uber Technologies (UBER) reachead $44.61 at the closing of the latest trading day, reflecting a -0.73% change compared to its last close.
- 10/05/2023
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UBER Launches Customer-Friendly Service for Package Return
- For rendering the package return service, UBER charges a flat fee of $5 or $3 for Uber One subscribers.
- 10/05/2023
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Uber still dragging its feet on algorithmic transparency, Dutch court finds
- Uber has been found to have failed to comply with European Union algorithmic transparency requirements in a legal challenge brought by two drivers whose accounts were terminated by the ride-hailing giant, including with the use of automated account flags.
- 10/05/2023
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5 Large-Cap Growth Stocks to Buy for Q4 2023
- We have narrowed our search to five growth stocks that have solid upside left for the rest of 2023. These are: AMZN, UBER, NVDA, APP, LYV.
- 10/05/2023
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Uber Can Now Return Your Packages: How It Works And What It Costs
- In the latest addition to the ride-share app's offerings, drivers will take up to five packages at once.
- 10/04/2023
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Uber now offering to return packages to FedEx, UPS stores for $5 fee
- Uber said the service will be available in nearly 5,000 US cities to start.
- 10/04/2023
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Uber adds 'Return a Package' feature to app
- Ride-share company Uber (UBER) will not only be delivering passengers to their destinations but packages as well. The new "Return a Package" function can book drivers to pick up and deliver packages or return orders to postal carriers, like FedEx (FDX) and UPS.
- 10/04/2023
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 10/04/2023
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Hate returning packages? Uber will now do it for you
- Uber is looking to help with a much-dreaded chore: returning packages.
- 10/04/2023
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Got packages to return? Starting Wednesday, Uber drivers will mail them
- Uber is adding a new task to its list of services: mailing consumers' return packages.
- 10/04/2023
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Uber will now pick up your packages and take them to UPS, FedEx or USPS
- Uber is now offering return package shipping through UPS, FedEx or USPS on its Uber and Uber Eats apps.
- 10/04/2023
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Uber Adds Returns to Package Delivery Service
- Uber's package delivery service is now also a package return service. The delivery/ride-hailing giant announced Wednesday (Oct. 4) that it wants to help customers avoid the hassle of returning goods in the mail via its Uber Connect program.
- 10/04/2023
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Greggs to extend delivery roll-out with Uber Eats partnership
- Greggs PLC (LSE:GRG) reported continued strong growth in sales in the third quarter supported by a rise in evening trade and use of its app. The retailer, famous for its value sausage rolls, said sales rose 20.8% in the 13 weeks to September 30 with company-managed shop like-for-like sales up 14.2%.
- 10/03/2023
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2 AI Stocks With Bullish Catalysts & High Growth Prospects
- Investors can generate alpha by focusing on two under-the-radar AI stocks with high growth potential and big 2024 ctalysts.
- 10/01/2023
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A Bull Market Could Be Here: 3 Reasons to Buy Uber Stock
- Uber's most typical customer is not only unlikely to purchase a car in the future, but will require more transportation services should the economy start humming again. The company's swing to a profit during Q2 isn't a fluke.
- 10/01/2023
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Italy court condemns Uber Eats over 4,000 layoffs
- A Milan tribunal ordered Uber Eats Italy Thursday reverse this summer's lay-off of 4,000 riders, condemning the platform for failing to properly consult trade unions, the unions said.
- 09/29/2023
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Blacklane CEO on What Makes It Different from Uber
- Blacklane, a provider of premium global chauffeur services, has closed a $36 million Series F funding, with the company seeing a valuation that's roughly 50% higher than its previous one from 2020. Blacklane CEO Jens Wohltorf joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
- 09/28/2023
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Uber, DoorDash And Grubhub Must Pay $18 An Hour To NYC Delivery Workers, Judge Rules
- New York City has some 60,000 food delivery workers.
- 09/28/2023
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Uber, DoorDash lose bid to block NYC minimum wage for delivery workers
- The law will require companies to pay delivery workers $17.96 an hour, which will rise to nearly $20 in April 2025.
- 09/28/2023
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UBER Designates Prashanth Mahendra-Rajah as the New CFO
- Prashanth Mahendra-Rajah is going to be the new CFO of UBER, which will be effective Nov 13, 2023.
- 09/28/2023
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Uber Appoints Analog Devices Executive Prashanth Mahendra-Rajah as CFO
- Uber Technologies has appointed Prashanth Mahendra-Rajah as its new chief financial officer (CFO). Mahendra-Rajah will join the company on Nov. 13, bringing with him experience and expertise in financial management and strategy, Uber said in a Wednesday (Sept.
- 09/27/2023
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Uber announces chipmaker executive as new chief financial officer
- Uber is getting a new chief financial officer.
- 09/27/2023
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Uber names Prashanth Mahendra-Rajah new CFO
- Uber Technologies Inc. UBER, +1.97% on Wednesday said Prashanth Mahendra-Rajah would join the company as chief financial officer on Nov. 13. Mahendra-Rajah is currently CFO of Analog Devices Inc. ADI, +0.27%, where he oversaw the company's global finance organization.
- 09/27/2023
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Prediction: These Will Be 2 of the Most Valuable Stocks by 2035 Thanks to This Multitrillion-Dollar Opportunity
- Autonomous vehicles are starting to hit the road, and they could create mind-boggling opportunities for investors. It might be a multitrillion-dollar industry in the coming years, according to Ark Investment Management.
- 09/27/2023
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Cashing In on the Freelancer Wave: 3 Stocks Winning With Independent Contractors
- I recently read an article from ReadWrite, an online publication about emerging technologies. The article discussed independent contractors' past, present and future in the modern workforce.
- 09/26/2023
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Uber and California Cab Cos Team up to Offer Taxi Drivers More Business
- Uber wants to give southern California taxi drivers a chance to get trip referrals. The ride-hailing firm announced Tuesday (Sept.
- 09/26/2023
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Uber partners with California taxi provider to increase cab supply
- Uber Technologies Inc (NYSE:UBER) announced on Tuesday that it is partnering with Los Angeles Yellow Cab and its affiliates to boost the supply of taxis on the ride-hailing company's platform in southern California. Under the new partnership, taxis associated with LA Yellow Cab, which includes San Diego Yellow Cab, California Yellow Cab, Long Beach Yellow Cab, Fiesta Taxi Cooperative and United Checker Cab, will add up to 1,200 cabs to the Uber platform.
- 09/26/2023
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Uber is getting tighter with taxi companies
- When Uber first launched its ride-hailing service, the company was more pariah than partner to the taxi industry. Some 12 years later, it seems to be the latter.
- 09/26/2023
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Uber partners with California taxi operators to boost supply
- Uber Technologies is partnering with Los Angeles Yellow Cab and its affiliates to increase the supply of taxis on the ride-hailing giant's platform, the company said on Tuesday.
- 09/26/2023
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Uber: At An Intersection Between Growth And Profitability
- Uber's latest quarter was profitable on a GAAP basis, signaling a focus on profitability and cost-cutting contrary to the company's historically extensive investments. The company's growth has slowed down due to the focus on profitability, as Uber balances between the two. The company's stock price has rallied by 55% in the past year, so it's worth questioning if the price is worth paying.
- 09/25/2023
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1 Growth Stock Down 10% to Buy Right Now
- Uber's swing to a profit last quarter wasn't a one-time fluke. The ride-hailing company's sheer scale allows it to enter other markets like last-mile delivery and localized logistics.
- 09/25/2023
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Uber: $150 Per Share Is Not Unreasonable
- Uber's user growth is exceeding expectations, with 137 million monthly active platform customers and QoQ MAPC growth of 5%, above long-term trends. The company is making progress in increasing revenue per user through cross-selling, ad monetization, and high-margin partnerships. Despite being priced at a discount compared to other platform companies, Uber's nascent profitability and potential for revenue growth make it the most attractive platform co. opportunity.
- 09/25/2023
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It's not just the uber-rich freezing their brains and bodies when they die. An HBO show visited a conference filled with everyday people excited to do it.
- The series finale of HBO's "How To with John Wilson" explored cryonics and the quest for immortality. The topic has drawn the attention of the ultra-wealthy in recent years.
- 09/24/2023
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Uber: One Of The Smartest Long-Term Bets You Can Make In This Market
- Uber's stock has fallen 10% due to rising interest rate fears, but the company is still experiencing high bookings and profitability. Uber is expanding its services beyond mobility, including delivery, enterprise freight, and potentially task fulfillment. Uber is taking market share from Lyft as the latter retreats from many markets.
- 09/24/2023
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Uber: There Can Only Be One
- Uber has transformed from a cash-guzzling tech company to a cash-flowing business, with its food delivery network expanding during the pandemic. The higher interest rate environment is helping Uber as it makes it harder for Lyft to compete on price. Uber achieved its first GAAP profit this quarter, but caution is advised as it may be too early to celebrate.
- 09/24/2023
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Uber: Margin Expansion, Record Free Cash Flow, Still-Solid Momentum
- Goldman Sachs outlines macro risks, including the resumption of student loan repayments and potential government shutdown. Uber's profitability picture remains strong, and the firm sees positive earnings and growth potential over the coming quarters. With strong margins and robust free cash flow, Uber's technical view is also positive, with near-term support at $42 and resistance at $50.
- 09/24/2023
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Uber Eats to accept SNAP benefits for grocery deliveries in 2024
- Uber Eats will soon accept Supplemental Nutrition Assistance Program benefits beginning in 2024 for grocery deliveries, the company said in a blog post.
- 09/22/2023
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White Castle Taps Uber's White-Label Delivery as QSRs Contend With Aggregators
- With quick-service restaurants (QSRs) weighing the advantages and disadvantages of relying on third-party aggregators, White Castle is leveraging Uber's white-label platform, Uber Direct, for delivery driver labor. The burger chain, which has more than 350 locations, announced Thursday (Sept.
- 09/22/2023
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 09/22/2023
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Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
- Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.
- 09/22/2023
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3 Top-Ranked Tech Stocks to Buy for High Growth
- Investors love technology stocks, as their rapid growth and market momentum are undeniably attractive. And for those interested, these three could be great considerations, all boasting improved earnings outlooks.
- 09/21/2023
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Options Action: Traders making big bets on Uber
- Mike Khouw, Optimize Advisors president, joins the Options Action traders to talk big bets on Uber.
- 09/21/2023
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Why Uber Stock Was Pulling Back Today
- Uber said a new law would decimate its business in Europe. The company said prices would jump 40% and it would be forced to shut down in hundreds of cities if the Platform Work Directive passes.
- 09/21/2023
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Uber Eats Will Accept Food Stamps Beginning Next Year
- More than 41 million Americans are beneficiaries of the SNAP program.
- 09/20/2023
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Uber Technologies (UBER) Warns of Steep Price Hike: Here's Why
- Uber Technologies' (UBER) labor costs will increase if gig workers are re-classified as employees.
- 09/20/2023
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Uber Technologies (UBER) Just Reclaimed the 20-Day Moving Average
- From a technical perspective, Uber Technologies (UBER) is looking like an interesting pick, as it just reached a key level of support. UBER recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
- 09/20/2023
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2 Consumer Technology Stocks To Watch In September 2023
- Consumer tech stocks for your watchlist this week.
- 09/20/2023
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Uber Predicts 40% Price Hikes Under EU Gig Worker Law
- Uber said a proposed European gig worker law could trigger price hikes and service shutdowns. Anabel Díaz, head of Uber's mobility division in Europe, cautioned in an interview with the Financial Times (FT) Wednesday (Sept.
- 09/20/2023
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DoorDash, Grubhub and Uber Eats able to sue NYC over food delivery commission cap
- Food delivery companies DoorDash Inc (NYSE:DASH), Grubhub, and Uber Eats can sue New York City over a law limiting how much they can charge restaurants for their services, a U.S. judge said on Tuesday.
- 09/20/2023
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Final Trades: Uber, Cisco & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/19/2023
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Back To The Future 5.0 Post-Earnings Review
- We end each quarter inspecting our work within both the semi and software/hardware spaces, dissecting our best calls and where we could've done better. This quarter marked a turning point for investor confidence in the A.I. boom; we've seen earnings under investor scrutiny this quarter regarding management comments on A.I. growth potential. China's been a big theme this quarter, with the slower economic recovery weighing on the semi industry alongside some of its biggest customers, namely Apple.
- 09/19/2023
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PayPal Is Winning Behind the Scenes. And This Huge Expanded Partnership With Uber Proves It.
- PayPal powers major bookings platforms and apps behind the scenes, including Uber. Uber will be using more PayPal products going forward, which could boost PayPal's revenue.
- 09/19/2023
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5 Blue-Chip Growth Stocks to Buy According to AI
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 09/18/2023
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The 3 Most Undervalued Under-$50 Stocks to Buy in September 2023
- Recently, data from the Bureau of Labor Statistics revealed that prices for United States consumers increased by 3.7% in August. This inflation rate was in line with economists' and analysts projections.
- 09/17/2023
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Is Uber a Buy Now?
- Uber finally posted its first-ever operating profit. Network effects and a data advantage make up Uber's economic moat.
- 09/15/2023
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Uber to appeal Brazil court's $205 mln fine for irregular labor relations
- Uber on Thursday said it rejected a ruling from a Brazilian labor court ordering the ride-hailing firm to pay 1 billion reais ($205 million) in fines for irregular working relations with the drivers on its app.
- 09/14/2023
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Final Trades: Blackstone, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/13/2023
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UBER Announces Grocery Deal With The Save Mart Companies
- The latest grocery partnership with The Save Mart Companies is expected to boost UBER's competitive position in California and Nevada.
- 09/13/2023
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Uber Eats Adds New Grocers as Restaurant Aggregators Take on Instacart
- Uber Eats is partnering with The Save Mart Companies as restaurant aggregators step up their grocery selections to remain competitive while Instacart prepares to go public. Uber's delivery arm is partnering with the Modesto, California-based grocer, adding more than 190 Save Mart, Lucky and FoodMaxx stores to its marketplace, according to a Tuesday (Sept.
- 09/13/2023
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PayPal and Uber Broaden Payments Partnership
- Uber and PayPal have extended their partnership to enhance the payment experience for Uber's customers and drivers. As part of the agreement, Uber will continue to leverage PayPal's services, including PayPal Braintree, for global card processing, the companies said in a Tuesday (Sept.
- 09/12/2023
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Amazon Stock, Carvana, Uber Boast This Key Sign Of Stock Market Leadership
- Amazon stock, Carvana, Uber Technologies and General Electric are among the best stocks to buy and watch in today's market.
- 09/12/2023
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Final Trades: Uber, Energy & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/12/2023
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UBER Inks Extended Deal With the National Football League
- The extended collaboration with the National Football League is expected to boost Uber's prospects.
- 09/11/2023
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The 7 Best Autonomous Driving Stocks to Buy Now: September 2023
- With self-driving autos likely to become the next big trend, investors may want to keep an eye on the best autonomous driving stocks. For one, as noted by Investorplace contributor Josh Enomoto, research firm Mordor Intelligence says the self-driving market would be worth $33.48 billion in 2023 and grow at a compound annual rate of 22.25% in the next five years.
- 09/10/2023
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NFTY: Ride The Indian Growth Story Via The Uber Caps
- India remains one of the few major economies producing steady growth against a slowing external backdrop. Near-term weather headwinds will slow growth somewhat but should have little bearing on the long-term earnings growth potential of Indian uber-caps. Like the rest of the Indian large-cap ETF universe, the NFTY portfolio doesn't screen cheaply, though growth-oriented investors will still find a lot to like here.
- 09/10/2023
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2 Stocks to Buy and Hold for the Next 20 Years
- These are two stocks I think we can look at for a high chance of consistent growth in your portfolio.
- 09/09/2023
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The 3 Best Transportation Stocks to Buy Now: September 2023
- Transportation is a classic contender in the investment realm that often goes unnoticed. It might not have the glitz of newer sectors, but it stitches together over 5% of the U.S. GDP, translating to $1.3 trillion annually.
- 09/09/2023
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Final Trades: Uber, Hess & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/08/2023
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I'm Changing My Mind on Uber Technologies Stock. Here's Why.
- Uber has struggled for years to find a path to profitability. The Uber ecosystem has finally come together to deliver solid income and free cash flow.
- 09/08/2023
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Uber Is On A Fast Track After Delivering Its First Profits
- Uber stock has surged 85.6% on the year entering trading on Thursday as it has reached profitability. The company is IBD's Stock of The Day.
- 09/07/2023
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Domino's-Uber partnership could lead to investor optimism, analyst says
- Domino's (DPZ) stock is outperforming after the pizza chain agreed to join forces with Uber Eats (UBER). TD Cowen Senior Research Analyst Andrew Charles joins Yahoo Finance Live anchors Brad Smith and Julie Hyman to discuss the report and outlook for the company.
- 09/06/2023
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Final Trades: Uber, Alibaba & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/06/2023
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Wall Street sets Uber stock price for the next 12 months
- Uber Technologies (NYSE: UBER) is trading close to its highest point this year but it's still far from the 2021 peak. Can it get there in the next 12 months?
- 09/06/2023
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Uber Stock: Buy, Sell, or Hold?
- Uber went public four years ago, but it's still hovering near its IPO price. Its bookings growth is cooling off, but its profitability is improving.
- 09/06/2023
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UBER on the Rise Since the Electric Bike Launch in Kenya
- The launch of electric motorbikes in Kenya by Uber (UBER) highlights the company's environmentally-friendly approach.
- 09/05/2023
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Uber: Dual Growth Engines and Now Profitable
- Uber Technologies Inc. ( UBER , Financial) is known for its market-leading ride hailing business and its recently successful UberEats food delivery segment. However, the company has regularly been criticized for being “unprofitable” and running a low-margin business overall.
- 09/05/2023
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Instacart's IPO Filing Suggests These 2 Uber Products Still Have a Long Way to Go
- Instacart filed to go public last week, providing lots of data for investors to digest. Its advertising business is bigger than Uber's despite its small user base and transaction volume.
- 09/03/2023
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3 Stocks to Buy Now Ahead of Seasonal September Tailwinds
- It's that time of year. Students are returning to classes again.
- 09/01/2023
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Uber's Second Quarter Was Just the Start of Its Massive Profit Potential
- Uber made a profit thanks to rising revenue and falling expenses last quarter. Big savings came from general and administrative costs as well as marketing.
- 08/31/2023
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Uber rolls out electric bike fleet in Kenya, its first in Africa
- Ride-hailing firm Uber on Thursday launched an electric motorbike service in Kenya, its first in Africa, as the company seeks to make its global platform emissions free by 2040.
- 08/31/2023
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Uber offers free rides to evacuation shelters during Hurricane Idalia
- Florida Governor Ron DeSantis took to X, formerly known as Twitter, as ride-share company Uber is offering Florida residents a free way to get to safety ahead of Hurricane Idalia.
- 08/30/2023
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3 Companies Enjoying Remarkable Revenue Growth
- Strong top line performance leads to meaningful earnings growth. And when it comes to growing sales, these three companies stick out in a big way.
- 08/29/2023
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 08/29/2023
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Instacart's IPO filing reveals long-term upside for rivals Uber and DoorDash, analysts say
- Instacart filed Friday to move forward with an initial public offering for what would be the first major venture capital-backed tech IPO since December 2021 The company, which plans to trade under the ticker symbol CART has some near-term concerns but offers long-term potential (along with its rivals), according to analysts at UBS. The firm is “slightly more concerned about near-term grocery delivery order growth and AOV trends for DASH/UBER, but more positive on [long-term] ability for cohort behavior, increasing ad penetration and subscription users to deliver topline growth,” analysts wrote.
- 08/28/2023
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Bull Signal Says Uber Stock Could Clear 2023 Highs
- Shares of ride-sharing firm Uber Technologies Inc (NYSE:UBER) are marginally lower today, last seen trading up 0.2% at $43.93, as they continue to pull away from their July 31, two-year high of $49.49.
- 08/28/2023
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The 3 Most Promising Growth Stocks Doubling Before You Know It
- It is often useless to fight against market trends, especially regarding market sentiment. There is a famous saying around Wall Street: "The market can stay irrational longer than you can stay solvent.
- 08/28/2023
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3 Growth Stocks Billionaires Are Buying Left and Right
- Ken Griffin and Citadel Advisors placed a big bet on a fast-growing provider of e-commerce software. Cathie Wood and Ark Invest bought millions of shares of a pre-commercial-stage company developing air taxis.
- 08/26/2023
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Is This Cathie Wood Growth Stock Flying Under the Radar?
- Twilio has worked with activist investor Legion Partners to identify areas for operational improvement. Following two divestitures and a new AI product release, Twilio has its hands full as it tries to win back investor enthusiasm.
- 08/25/2023
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Uber raises minimum age for most California drivers to 25, saying insurance costs are too high
- Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state.
- 08/24/2023
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Uber Is In The Fast Lane
- Uber's latest quarter had much to celebrate with a number of operating metrics hitting record highs. Only freight was a disappointment but that didn't tarnish an overall impressive quarter. A base case scenario suggests sustainable returns driven by network effects, data and 'growth bets.'
- 08/24/2023
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Intriguing Tech Stocks to Buy for a Market Rebound
- Opening on a higher note this week, the Nasdaq was up over 1% again today and a rebound appears to be building after weeks of volatility.
- 08/23/2023
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Play uber caps for rest of year due to ‘melt up' potential, says Wells Fargo's Chris Harvey
- Chris Harvey, Wells Fargo Securities Head of Equity Strategy, joins 'Fast Money' to talk uber caps and how to play them in the current market.
- 08/23/2023
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2 Top Stocks Billionaires Can't Stop Buying in This Bear Market
- Billionaires still see a long growth runway for e-commerce giant Amazon. They're also banking on continued profitability for ride-hailing leader Uber.
- 08/23/2023
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Uber's outgoing CFO dumps $4.5 million in stock
- Uber Technologies Inc.'s outgoing chief financial officer sold about a quarter of his holdings in the ride-hailing company earlier this week, a recent disclosure shows.
- 08/23/2023
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Not Dead Yet: Is Lyft Gaining Ground on Uber?
- Rideshare operator Lyft Inc. NASDAQ: LYFT has all been left for dead after rival Uber Technologies Inc. NYSE: UBER reported a 49% revenue spike and double-digit metrics growth in 2023. Lyft neglected to diversify its business with food delivery or other businesses outside of modal transportation, instead opting to be a pure-play rideshare company.
- 08/22/2023
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Uber CEO's most nightmarish experience as a driver came when he was delivering food and couldn't figure out the 'maze of apartment complexes'
- Uber's CEO Dara Khosrowshahi told The Wall Street Journal that the worst part of Uber driving was food delivery. Khosrowshahi said he got lost driving through a "maze of apartment complexes" during a delivery.
- 08/21/2023
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Momentum Mondays: Stocks Setting up for an Epic Dip Buying Opportunity?
- Want to start the week ahead of the pack? Check out ‘Momentum Mondays,' where I cover the leading breakout stocks in the market, summarize the major events of the week ahead, and prepare investors for profitable trading.
- 08/21/2023
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Mark Cuban passed on Uber when it was worth $10 million or less. He missed out on billions of dollars in profits.
- Mark Cuban says he turned down the chance to invest in Uber at a $10 million valuation. Uber's market value has surged by over 9,000-fold since then to north of $90 billion.
- 08/21/2023
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3 Growth Stocks You Can Buy Right Now With Less Than $100
- China's overall economy may be running into a headwind, but there's a reason Alibaba is pushing through it. Uber Technologies just reached a critically important fiscal milestone.
- 08/20/2023
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Uber and Lyft threaten to leave Minneapolis if mayor signs minimum wage bill for drivers
- Uber and Lyft threatened to halt operations in Minneapolis if the mayor doesn't veto a rule proposed Thursday that would set ridesharing drivers' minimum wage to $1.40 per miles and $0.51 per minute.
- 08/18/2023
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Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers
- Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.
- 08/17/2023
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Final Trades: Apple, 3M & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/17/2023
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Here are the 11 stocks Jim Cramer is watching, including Tapestry, Brinker, Uber
- Here are some of the tickers on my radar for Thursday, Aug. 17, taken directly from my reporter's notebook.
- 08/17/2023
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3 Most Surprising Takeaways from Q2 Earnings Season
- The Q2 earnings season is nearly in the books. As of Aug. 4, 84% of the S&P 500 had reported their results.
- 08/16/2023
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Trick or Treat? 2 Stocks with Rising Usage But Falling Prices
- It also applies to rideshare and food delivery, as illustrated by Uber Technologies Inc. NYSE: UBER and its daily active users (DAUs). Daily active users generate higher revenues from customers, including passengers, riders, diners and shoppers.
- 08/16/2023
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2 Magnificent Growth Stocks Billionaires Keep Buying Hand Over Fist
- Earlier this year, Cathie Wood and Ark Invest, the firm she manages, bought millions of Palantir shares. Combined, David Tepper of Appaloosa Management and James Simons of Renaissance Technologies bought more than 10 million shares of Uber Technologies in the first quarter.
- 08/16/2023
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David Tepper Goes Full Bull Mode: Top-Ranked Stocks He is Buying
- As one of Wall Street's leading independent thinkers, David Tepper seems to always be one step ahead of everyone else. Evident from his 13f filing, a quarterly report filed by institutional investment managers, Tepper has initiated some big bets, and many of them have top Zacks Ranks.
- 08/15/2023
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1 Reason to Buy Uber Stock Now, and 1 Reason to Hold Off
- Uber reported mixed Q2 results. Uber's ecosystem benefits from network effects.
- 08/15/2023
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Dan Loeb's Third Point wagers on Nvidia, Amazon, Uber with new positions
- Dan Loeb's Third Point LLC built new positions in Uber Technologies Inc., Amazon.com Inc. and Nvidia Corp. during the latest quarter.
- 08/14/2023
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3 Top-Ranked Tech Stocks to Buy for Growth
- On top of strong expected growth, all three have enjoyed positive earnings estimate revisions, indicating optimism among analysts.
- 08/14/2023
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Uber Makes a Profit
- Plus a look at common tax myths about digital nomads.
- 08/14/2023
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7 Great Growth Stocks Smart Investors Should Be Grabbing Up Now
- Any investor wanting outsized returns should look at growth stocks. While value stocks are perfectly fine for a long-term portfolio, growth stocks are the ticket for investors with a shorter time horizon and looking for dynamic returns.
- 08/14/2023
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Uber Technologies: Room For Drastic Growth
- Uber Technologies, a US-based company, dominates the ride-share market in North America. It also offers food and package delivery and freight transport services. Despite intense competition, Uber's financials indicate a shift toward profitability. The company also has the potential to expand further. Uber's future looks bright with the potential use of self-driving vehicles, which could drastically improve profit margins. The company's freight segment also shows potential for significant growth.
- 08/12/2023
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I was shocked at how many one-star ratings I have on Uber — here's how to see yours
- Your Uber app can show you how your Uber score breaks down, including how many one-star reviews drivers have given you.
- 08/09/2023
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Lyft Stock Drops. New CEO's Reset Plan Doesn't Look Like a Threat to Uber Yet.
- While Lyft's quarterly losses narrowed, its revenue growth was considerably slower than Uber's as it seeks to compete on price.
- 08/09/2023
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Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber
- Lyft forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts and a post-pandemic rebound in ride-sharing demand to cushion the impact of a price war with bigger rival Uber.
- 08/08/2023
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Uber Shocks Investors With Surprise Profit
- Uber has long struggled to turn a profit, but the company turned a corner.
- 08/07/2023
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8 Best Meme Stocks to Buy Now
- The rise of meme stocks was one of the biggest stories during the volatile markets of 2020 and 2021. While many stocks saw unexpectedly impressive gains as the COVID-19 pandemic raged, the meme stocks were going parabolic thanks to a combination of government money, irrational enthusiasm and social media virality.
- 08/07/2023
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Inside Aurora's autonomous trucking operation in Texas
- While other autonomous startups such as Starsky Robotics and TuSimple have folded or scaled back efforts in the U.S., Aurora is delivering loads in Texas.
- 08/06/2023
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A Bull Market Could Be Here: 4 Reasons to Buy Uber Stock
- The growth trajectory that led to Uber's recent swing to an operating profit is still intact. Lyft doesn't enjoy enough scale to produce the sort of profitability that can rival Uber.
- 08/06/2023
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Uber Stock: Buy, Sell, or Hold?
- Uber posted its first quarterly operating profit, while revenue missed analyst expectations. The cheap valuation might be enticing for investors who have been on the sidelines.
- 08/05/2023
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1 Growth Stock Down 26% to Buy Right Now
- Uber continues to post strong growth, with mobility outpacing delivery. The ridesharing specialist generated a surprising profit during the quarter.
- 08/04/2023
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Lyft Q2 Preview: Can Results Drive Shares Higher?
- The Q2 earnings season has been primarily positive so far, with many companies exceeding expectations and helping to lift sentiment.
- 08/03/2023
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Final Trades: Uber, Cisco, CVS & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/03/2023
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Is Uber Technologies Stock a Buy Now?
- Uber posted a mixed Q2 report. The ridesharing specialist crossed two major milestones: Its operating profit turned positive for the first time and its free cash flow topped $1 billion.
- 08/03/2023
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Uber Just Reported Its First-Ever Operating Profit In Q2 Earnings Report, But Lyft Warning Sends Shares Sliding
- Uber recorded a first-ever operating profit in its history, with earnings per share beating expectations in Q2.
- 08/02/2023
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UBER Swings to Earnings in Q2, Misses Revenue Estimates
- UBER second-quarter 2023 revenues rise 14.3% year over year.
- 08/02/2023
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Uber: Is a Turnaround Finally Here?
- Uber Technologies Inc. ( UBER , Financial) is a global ride-hailing and transportation network company that has been operating since 2009.
- 08/02/2023
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Time to Buy Uber on the Dip Through ETFs?
- Shares of Uber (UBER) fell more than 5% on Tuesday on revenue miss. However, the upbeat guidance offered by the company makes it a good pick.
- 08/02/2023
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Fitch Downgrades U.S. Rating: 5 Stocks to Buy on the Dip
- Any dip in U.S. stock prices following Fitch's sovereign rating downgrade will provide a good opportunity to accumulate stocks. Five such stocks are: MANH, UBER, UAL, LYV, TTD.
- 08/02/2023
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‘Wow': Uber chief startled by US reporter's expensive three-mile ride
- Dara Khosrowshahi expresses surprise at Wired journalist's $51.69 journey to company's annual product event in New York
- 08/02/2023
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New Strong Buy Stocks for August 2nd
- MDC, PCAR, LRCX, UBER and SKX have been added to the Zacks Rank #1 (Strong Buy) List on August 2, 2023.
- 08/02/2023
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Uber Is Profitable. For Real This Time.
- Uber reported its first GAAP profit in the second quarter. Revenue is surging as demand for ride-sharing and delivery grows.
- 08/02/2023
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Time to Buy the Dip in These Top-Rated Stocks After Earnings?
- Here is a look at three top-rated stocks investors and traders will certainly want to watch as they make the case for buying the dip following their quarterly reports.
- 08/01/2023
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Uber CEO stunned by $52 fare charged for 3-mile ride in NYC: ‘Wow!'
- Uber CEO Dara Khosrowshahi was stunned to find out that a 2.9-mile ride in NYC cost $51.69, including tip. He blamed the pricey fare on surge pricing and inflation.
- 08/01/2023
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Uber: What investors should know about buying or selling the stock
- Independent Solutions Wealth Management Portfolio Manager Paul Meeks and New Constructs CEO David Trainer joined Yahoo Finance Live anchors Akiko Fujita and Seana Smith to discuss whether you should buy or sell Uber stock.
- 08/01/2023
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Oppenheimer's Jason Helfstein weighs in on Uber's shares sliding after earnings report
- Jason Helfstein, Oppenheimer, joins 'Closing Bell' to discuss Uber after shares fall following disappointing guidance.
- 08/01/2023
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Uber Posts First Quarterly Operating Profit, But Shares Fall After Revenue Miss
- Uber Technologies posted its first-ever quarterly operating profit, but shares slumped as revenue missed estimates.
- 08/01/2023
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Uber remains positioned to grow its market share following 2Q results, analyst says
- Uber shares tumbled Tuesday after the company posted its second-quarter results before the bell, but analysts at Oppenheimer remain bullish. The firm reiterated its Outperform rating and $65 price target in a note to clients.
- 08/01/2023
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Top Calls: Uber CEO Calls Profit a 'Seminal Moment'
- Brad Erickson, RBC Capital Markets Senior Analyst joins Romain Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
- 08/01/2023
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Uber CEO Dara Khosrowshahi on why advertising will be its biggest growth area
- CNBC's Deirdre Bosa joins 'The Exchange' to discuss her interview with Uber CEO Dara Khosrowshahi, Uber shares falling after reporting a revenue miss, Uber's investment in the ad space, and Uber's journey to GAAP net income.
- 08/01/2023
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Uber on its way to becoming a profitable company, not just a tech company: Analyst
- Kindred Ventures Founder and Managing Partner Steve Jang — who is an early investor and advisor at Uber spoke Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss Uber's outlook for profitability.
- 08/01/2023
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Uber CEO Khosrowshahi on Profit, Autonomous Vehicles, AI
- Uber CEO Dara Khosrowshahi discusses the company's first-ever operating profit, the future of autonomous vehicles and the utilization of artificial intelligence with Emily Chang and Ed Ludlow on "Bloomberg Technology."
- 08/01/2023
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Uber stock slumps despite first quarterly operating profit ever
- Uber reported its first operating profit ever in the second quarter. It's stock dropped roughly 5% Tuesday, however, as results missed analysts' expectations.
- 08/01/2023
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Uber CEO Khosrowshahi Is 'Comeback Kid': Wedbush's Ives
- Dan Ives, Wedbush Securities senior equity analyst, calls Uber CEO Dara Khosrowshahi the "comeback kid" after the company posted its first-ever operating profit. He speaks with Ed Ludlow on "Bloomberg Technology.
- 08/01/2023
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Uber CEO Khosrowshahi Calls Profit a 'Seminal Moment'
- Uber CEO Dara Khosrowshahi says the company's first-ever operating profit took a lot of cost discipline. He speaks during an interview with Emily Chang on "Bloomberg Technology.
- 08/01/2023
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Uber reports surprise profit in Q2
- Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates.
- 08/01/2023
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Uber CEO balks after a reporter tells him the cost of his 2.9-mile Uber ride: 'Oh my God. Wow'
- The price of an Uber ride can catch you off guard — even if you're the company's CEO. Uber CEO Dara Khosrowshahi was surprised when he learned an interviewer paid $20 for a 2.95-mile ride.
- 08/01/2023
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Markets Fall at Midday as Cruise-Line Stocks Drop After Latest Earnings Reports
- U.S. equities fell at midday on Aug. 1, 2023, as optimism about corporate earnings faded following the release of the latest batch of reports.
- 08/01/2023
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Uber Got a Bit Too Revved Up
- The ride-hailing company's stock price had doubled for the year to date ahead of its quarterly result.
- 08/01/2023
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Uber Reaches an Inflection Point
- Uber Technologies Inc. ( UBER , Financial), the leading ridesharing company in the world, reported mixed results for the second quarter on Aug. 1. Its performance highlights the steady progress the company has made in recent years to strike a balance between growth and profitability.
- 08/01/2023
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How Uber pulled off its stunning turnaround from money pit to cash machine
- Uber Technologies Inc. continues to defy the doubters, racking up new profitability milestones even as it chases ever-larger ambitions.
- 08/01/2023
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Uber, Pfizer, JetBlue Beat Q2 Earnings, Miss Sales
- After today's close, Advanced Micro Devices (AMD) will be the latest important tech stock reporting, and will join Starbucks (SBUX).
- 08/01/2023
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Uber (UBER) Reports Q2 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Uber (UBER) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 08/01/2023
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Uber shares sink despite first profitable quarter
- Uber forecasted third-quarter operating profit above Wall Street's predictions on expectations of growing travel demand and a return to in-office work, the rideshare company said on Tuesday.
- 08/01/2023
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Uber records first ever operating profit
- Uber has recorded the first operating profit in its history, after trips rose by more than a fifth in the last year.
- 08/01/2023
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Uber continues its monster comeback as company hits an earnings milestone
- Uber Technologies Inc. could be at the beginning of a stretch of sustained profitability as the ride-hailing giant posted surprise positive earnings for its latest quarter Tuesday and generated its first quarterly operational profit.
- 08/01/2023
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Uber Stock Brushes Off Upbeat Outlook
- Uber Technologies Inc (NYSE:UBER) stock is 3.5% lower to trade at $47.75 at last glance, after the ride-hailing company's second-quarter revenue missed the mark.
- 08/01/2023
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Uber Turns an Operating Profit for First Time
- Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past. Mandeep Singh of Bloomberg Intelligence joins "Bloomberg Surveillance.
- 08/01/2023
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Uber Stock Set For Biggest Loss In Months—Despite First-Ever Profitable Quarter
- After losing $31.5 billion of operating income losses over the last nine years, Uber finally turned a profit during Q2.
- 08/01/2023
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Uber Technologies (UBER) Q2 Earnings Top Estimates
- Uber Technologies (UBER) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $1.33 per share a year ago.
- 08/01/2023
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Uber CEO Dara Khosrowshahi: We plan to be profitable for every quarter going forward
- Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, the competition with Lyft, growth outlook, and more.
- 08/01/2023
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Uber achieves first-ever operating profit on record ridership in 2Q
- Uber Technologies Inc (NYSE:UBER) recorded its first-ever operating profit after ridership increased to record levels in its second quarter. The ride sharing company reported better-than-expected net income in the second quarter, signaling progress on its profitability goals and moving beyond its cash-burning startup phase.
- 08/01/2023
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Uber shares rise on rosy guidance and operating profit, despite revenue miss
- CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.
- 08/01/2023
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Uber's post-pandemic growth is slowing
- Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.
- 08/01/2023
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Uber reports first quarterly operating profit in Q2 2023 results
- Uber has reported an operating profit during a fiscal quarter for the first time in its history. The company reported its second quarter earnings for 2023 [PDF] on Tuesday morning, which included a net income of $394 million for the quarter, up $1.0 billion year-over-year and $588 million versus the preceding quarter.
- 08/01/2023
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Uber reports second-quarter results that miss on revenue expectations
- Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results that missed analysts' expectations for revenue but offered rosy guidance.
- 08/01/2023
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Uber Delivers Earnings Beat with Trips Growth. The Stock Is Rising.
- The ride-hailing company reported adjusted earnings of 18 cents a share for the June quarter, beating expectations of 16 cents a share.
- 08/01/2023
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Uber Posts 14% Rise in Revenue as Growth Slows
- The company's growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
- 08/01/2023
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Is Another Trillion-Dollar Stock Hiding in Plain Sight?
- The company's top and bottom lines are improving dramatically, thanks to a combination of savvy acquisitions and a loyal customer base. Uber stock appears to be undervalued and could be headed to all-time highs.
- 08/01/2023
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Markets Up, Yum China Beats, Avis Mixed
- The small-cap Russell 2000 led the way again today, +0.82%, followed by +0.32% from the Nasdaq, +0.16% on the Dow and +0.06% for the S&P.
- 07/31/2023
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Uber's stock has been feeling the love. Can earnings live up to the hype?
- It wasn't too long ago that the ride-hailing market seemed like a race to the bottom, but Uber Technologies Inc. has managed to get on a different path.
- 07/31/2023
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Week Heavy on Labor Data Commences
- Week Heavy on Labor Data Commences.
- 07/31/2023
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SOFI, ON Beat in Q2, Ahead of Jobs Week
- Pre-market levels are up modestly at this hour, staying in the green much the way we ended last week after taking a breather with last Thursday's selloff.
- 07/31/2023
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Uber: Winner Takes All As Lyft Fades Into The Background
- Lyft is struggling with operational challenges and cost structure, while Uber is experiencing strong growth and market share gains. Uber has a larger market opportunity, formidable market leadership and is capitalizing on the shift toward the sharing economy. Uber's profitability is improving, and its subscription membership and other bets are driving growth and loyalty among riders.
- 07/31/2023
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Apple, Amazon, Starbucks, Uber, AMD, and More Stocks to Watch This Week
- Jobs data and PMIs are out this week. Plus, earnings from AMD, Caterpillar, Pfizer, Uber, Apple, Amazon, Airbnb, PayPal, Qualcomm, Alibaba, and more.
- 07/30/2023
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Uber self-driving car test driver pleads guilty to endangerment in pedestrian death case
- The Uber test driver behind the wheel of one of the company's self-driving cars, when it hit and killed a pedestrian in 2018, pleaded guilty to endangerment and was sentenced to three years of supervised probation Friday, according to officials.
- 07/29/2023
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Green Shoots Emerging From the Earnings Landscape
- With a little over half of June-quarter results already out, we can confidently call the overall earnings picture reassuringly stable and resilient.
- 07/28/2023
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Uber a 'top pick' of analysts ahead of 2Q earnings next week
- Uber Technologies Inc (NYSE:UBER) is the “top pick” of Oppenheimer analysts ahead the company's second-quarter earnings call on August 1. The firm pointed to the size and scope of Uber's user base, known as a network effect, as a major driver.
- 07/28/2023
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Uber remains a 'Top Pick' at Oppenheimer
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 07/28/2023
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Oppenheimer's Jason Helfstein: The magnitude of Uber's strength relative to peers is interesting
- Jason Helfstein, managing director of internet equity research at Oppenheimer, joins 'Squawk on the Street' to discuss the third party Helfstein's been following, his expectations from Uber's Q2 earnings, and much more.
- 07/28/2023
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Earnings Season: 3 Upcoming Reports Investors Can't Ignore
- Earnings season can sometimes feel hectic, with a surplus of companies unveiling quarterly results daily. Still, that's just the nature of the period, and seasoned investors have become well used to this chaotic nature.
- 07/27/2023
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Toast Sets New Standard in Restaurant Management Platforms
- At first glance, it's easy to mistake Toast, Inc. NASDAQ: TOST as a delivery application like Door Dash Inc. NASDAQ: DASH or an Uber Technologies Inc. NASDAQ: UBER Uber Eats service when placing a restaurant online order. However, it's a complete restaurant ecosystem management platform.
- 07/26/2023
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UBER Set to Report Q2 Earnings: Here's What You Should Know
- UBER's order volumes are expected to have surged in second-quarter 2023.
- 07/25/2023
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Domino's sees $1 billion in new sales from aggregators like Uber Eats, eventually
- Domino's Pizza Inc. shares rallied toward an 11-month high Monday as the pizza chain was upbeat about its recently announced collaboration with Uber Eats, saying that entering the aggregator marketplace could add $1 billion in new sales.
- 07/24/2023
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Uber's stock deemed ‘hard to ignore' with possible S&P 500 inclusion ahead
- Uber Technologies Inc. is cruising toward potential inclusion in the S&P 500 as soon as next year, and that makes its stock “hard to ignore,” according to an analyst.
- 07/24/2023
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Uber reiterated as a top pick at JPMorgan
- (OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
- 07/21/2023
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Uber's CEO Just Sold $4.5 Million of Stock. Should Investors Worry?
- Khosrowshahi sold 100,000 shares as part of a 10b5-1 plan. It might make sense to follow in his footsteps if you're sitting on substantial gains and Uber is overweight in your portfolio.
- 07/21/2023
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3 Reasons to Buy Uber, and 1 Reason to Sell
- Uber is stronger than ever, but there's a threat on the horizon.
- 07/20/2023
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Analyst Upgrade Drives Uber To 2-Year High, Despite Court Ruling
- The constant, unrelenting threat of labor-law challenges and wage increases hasn't hurt Uber Technologies Inc.'s NASDAQ: UBER ride to a two-year high.
- 07/19/2023
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Why Uber Stock Popped on Tuesday
- An analyst considerably raised his price target on the ride-share company. Not surprisingly, he continues to rate it a buy.
- 07/18/2023
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California court rules against Uber, says company must face employee's lawsuit
- The California Supreme Court ruled on Monday that Uber Technologies must face a lawsuit claiming it should have covered Uber Eats drivers' work-related expenses.
- 07/18/2023
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Court rules against Uber in major win for California workers
- State supreme court said UberEats driver did not give up his right under state law to sue on behalf of a large group of workers
- 07/18/2023
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Uber must face driver's lawsuit related to independent contractor dispute, California's supreme court rules
- An Uber Eats driver sued the company in 2019, arguing drivers should be classified as employees. But Uber said he'd signed a contract which meant employment disputes couldn't be taken to court.
- 07/18/2023
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Uber faces blow as California court backs workers
- Uber Technologies Inc (NYSE:UBER) will be hit with a class action lawsuit in California over claims that UberEats drivers should be granted work-related expenses. In a landmark case, the state's supreme court unanimously ruled that driver Erik Adolph could pursue his claim against the taxi come delivery company despite previously signing an agreement to privately settle lawsuits with the company.
- 07/18/2023
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Uber and Doordash Stocks React to Court Victory For Drivers. Decision Is Bad News.
- The court decision is important not only because it could give drivers more rights to claim expenses, but also because it may open up food delivery and ride-sharing companies to fresh rounds of large-scale class-action lawsuits.
- 07/18/2023
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Wall Street Says Buy These 7 Stocks, Don't Listen
- Ratings from Wall Street analysts can be a valuable resource when trying to determine which individual stocks to buy, and which individual stocks to avoid. However, that doesn't mean you should follow Wall Street recommendations verbatim.
- 07/17/2023
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Domino's will now deliver pizza via Uber Eats. It may need other apps to hit its sales goals.
- Domino's Pizza Inc. reportedly hopes to bring in an extra $1 billion in sales via a new plan that allows its customers to order pizza via Uber Eats and Postmates. But one analyst on Monday suggested the pizza chain could end up broadening its service to customers on other delivery apps as well as it tries to reach that goal.
- 07/17/2023
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Can Artificial Intelligence Deliver for Uber and DoorDash Investors?
- DoorDash looks to further develop user experiences and logistics with generative AI. Uber AI leads with advanced neural networks and strong collaborative practices.
- 07/16/2023
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New York City taxis fight for survival against Uber and Lyft
- Despite being heavily outnumbered by Uber and Lyft drivers, taxis remain an iconic symbol of New York.
- 07/15/2023
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Uber's stock growth is largely due to the demise of Lyft as a competitor, says DPCM's Emil Michael
- Emil Michael, former Uber chief business officer, joins 'Tech Check' to talk the ride share giant's recent stock pop, competition in the space and more.
- 07/14/2023
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OEF: Beware The Optimism Priced Into The S&P 100 Uber Caps
- The S&P 100, as reflected in the iShares S&P 100 ETF, has extended its outperformance vs. other developed market ETFs following a better-than-expected CPI report. But a closer examination of core inflation drivers and market pricing suggests caution may be warranted. With a select group of the S&P 100 Uber caps also at record valuation multiples on generative AI hopes, technical rebalancing-driven headwinds may be on the horizon as well.
- 07/14/2023
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 07/14/2023
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Domino's and Uber Pair Up
- On Wednesday, Domino's Pizza, Inc. NYSE: DPZ announced a deal with Uber Technologies Inc. NYSE: UBER that could lead to stronger financial results for both companies.
- 07/14/2023
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'Ghost' menu massacre: Virtual brands face a reckoning as Uber Eats slashes 8,000 from its app
- Uber Eats has cut 8,000 virtual brands from its app. Some were offering duplicate menus from restaurants at the same address.
- 07/13/2023
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Uber's deal with Domino's is a strong endorsement, BofA analyst says as he turns more bullish
- BofA Securities analyst Justin Post is the latest to weigh in with a more upbeat view of Uber Technologies Inc.'s stock UBER, +1.43%, lifting his price objective to $51 from $44. Uber recently announced a partnership with Domino's Pizza Inc. DPZ, +0.46%, and the pizza chain could emerge as one of Uber's highest-margin merchant partners, in Post's view, since Uber won't be actually delivering the orders.
- 07/13/2023
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Is It Worth Investing in Uber (UBER) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 07/13/2023
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Don't Overlook These Top-Rated Stocks It's Time to Buy
- Arcos Dorados (ARCO), Atlantica Sustainable Infrastructure (AY), and Lyft (LYFT) are very relevant companies in their respective industries and have the potential to be valuable investments.
- 07/12/2023
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Domino's customers can soon order pizzas on Uber Eats, Postmates
- Ordering on Uber's delivery apps is expected to be enabled across the US by the end of 2023, with Domino's and its franchisees handling deliveries, the company said.
- 07/12/2023
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Domino's to list menus on Uber Eats: ‘worth every penny to its stock'
- Domino's Pizza Inc (NYSE: DPZ) printed a year-to-date high this morning after partnering with Uber Eats. Jim Cramer reacts to the announcement On Wednesday, the pizza chain said it will start listing its menus on Uber Eats this fall.
- 07/12/2023
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Domino's Pizza Stock Jumps After Inking a Deal With Uber
- Domino's has signed a unique delivery deal with Uber that it believes will bring in new customers -- not shift the way current customers order. Investors had grown bored with Domino's stock, but this deal suggests that the company still has ways to boost its top line.
- 07/12/2023
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Domino's Pizza Shares Soar 10% After Letting Customers Order Pizzas On Uber
- The pizza chain has been reluctant to work with other food delivery companies for years.
- 07/12/2023
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Cramer's Mad Dash on Domino's: Deal with Uber Eats 'worth every penny' to its stock
- CNBC's Jim Cramer delivers his daily Mad Dash.
- 07/12/2023
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Domino's, Uber partner on pizza deliveries
- Domino's Pizza customers can now order food through Uber Eats and Postmates apps beginning in four pilot cities, the pizza chain announced on Wednesday.
- 07/12/2023
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Domino's Pizza stock jumps on Uber partnership
- Domino's Pizza Inc shares powered 12% higher in pre-market trading on Wednesday after the pizza chain announced that customers can order its products through Uber's Uber Eats and Postmates apps, in an effort to increase sales as its delivery business slows. Domino's said Uber Eats will be the exclusive third-party platform in the US until at least 2024, with the partnership kicking off in four pilot markets in the fall.
- 07/12/2023
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Domino's Pizza inks a delivery deal with Uber Eats
- Domino's Pizza has long been a holdout of using third-party delivery apps in the United States. But now, the pizza chain has struck a deal with one of the world's largest food delivery services.
- 07/12/2023
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7 Doomed Growth Stocks Destined for Disaster
- Investing in growth stocks is not for the faint of heart. That's particularly true when it comes to acquiring the shares of companies trying to develop a brand new product or service or investing in the names trying to make big comebacks.
- 07/12/2023
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Domino's Stock Jumps on Deal to List Menus on Uber Apps
- The pizza chain says the initial U.S. rollout of the agreement will begin in the fall in four pilot markets.
- 07/12/2023
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Domino's stock climbs toward a 5-month high after WSJ reports listing menus on Uber's apps
- Shares of Domino's Pizza Inc. DPZ, +0.69% rallied 2.5% toward a five-month high in premarket trading Wednesday, after The Wall Street Journal reported that the pizza chain has signed a deal with Uber Technologies Inc. to have its menus listed on food-delivery apps. That marks a change from Domino's long-held stance against working with food-delivery companies, the WSJ report said.
- 07/12/2023
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Cava is overpriced and burning a lot of cash, Uber is a Zombie stock: Strategist
- New Constructs CEO David Trainer breaks down why he is not a fan of Cava and Uber.
- 07/11/2023
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Uber Announces Date of Second Quarter 2023 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2023 financial results on Tuesday, August 1st at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends to.
- 07/11/2023
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Uber CFO Nelson Chai to step down
- Yahoo Finance Tech Editor Dan Howley reports on Uber CFO Nelson Chai's plans to step down.
- 07/11/2023
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Uber CFO to Leave After Helping Take Company Public
- Uber Technologies Inc. Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, according to people familiar with the matter, marking the most significant executive departure since the company went public in 2019. Uber CEO Dara Khosrowshai tapped Chai to lead the IPO in 2018.
- 07/11/2023
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Meta is no longer this analyst's top internet stock pick. Here's what's supplanted it.
- In light of a big move higher in internet stocks this year, Evercore ISI analyst Mark Mahaney still sees potential in the sector, though his preferences have shifted.
- 07/11/2023
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Evercore's Mark Mahaney breaks down his top large-cap picks
- Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk on the Street' to discuss Evercore shuffling the top big-cap stocks.
- 07/11/2023
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Waitrose partners with Uber Eats for rapid deliveries
- Waitrose has partnered with Uber Eats in a multi-year partnership to provide customers with deliveries in “as little as 20 minutes.” The partnership has now launched in five stores across London, Waitrose's owner John Lewis Partnership said in a statement.
- 07/11/2023
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5 Things to Know Before Markets Open
- Microsoft announces another round of job cuts and Amazon projects an 11% jump in sales for Prime Day. Here's what investors need to know today.
- 07/11/2023
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Report: After 5 Years, Uber CFO Nelson Chai Plans to Leave
- Uber Chief Financial Officer Nelson Chai is reportedly planning to leave the firm after five years. Chai told the company's CEO, Dara Khosrowshahi, that he intends to move on, but an effective date has not been chosen, Bloomberg reported Monday (July 10), citing unnamed sources.
- 07/10/2023
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Uber CFO Chai plans to leave, timing to be decided: report
- Uber Technologies Inc. UBER, -0.30% shares were little changed late Monday following a report that its financial chief was planning to leave. Late Monday, Bloomberg reported that CFO Nelson Chai has already alerted Chief Executive Dara Khosrowshahi of his plans, but that timing has yet to be decided upon, citing unnamed sources close to the matter.
- 07/10/2023
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Better Buy: Uber vs. Lyft
- The two ride-hailing outfits are shockingly different in size. While smaller companies tend to be nimbler, they're also often relatively underfunded.
- 07/09/2023
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Report: Judge Halts NYC Law Opposed by App-Based Food Delivery Firms
- A judge has reportedly halted a New York City minimum wage law that is opposed by app-based food delivery firms.
- 07/07/2023
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Judge temporarily blocks NYC's food delivery minimum wage law
- A judge has blocked New York City's minimum wage law for food delivery workers from going into effect on July 12 after DoorDash and Grubhub filed a lawsuit against the city.
- 07/07/2023
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Are Dividend-Paying Office REITs Finally Staging A Comeback?
- If you haven't exactly been monitoring the performance of office-building investments, that's understandable. With offices sitting empty as employees prefer to work from home, the biggest real estate investment trusts, Alexandria Real Estate Equities NYSE: ARE, Boston Properties NYSE: BXP, Corporate Office Properties Trust NYSE: OFC, Kilroy Realty NYSE: KRC and Vornado Realty Trust NYSE: VNO were among the most-beaten down equities in the past 15 months.
- 07/07/2023
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Uber Eats set for courtroom battle over driver pay
- Uber Eats and other food service companies sued the city of New York City on Thursday over plans to increase the minimum wage for delivery drivers. Pay for the workers is set to increase to US$17.96 per hour under the new rules, which are due to come into effect on July 12.
- 07/07/2023
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Doordash, Grubhub and Uber sue New York City over minimum wage law
- Food delivery platforms DoorDash, Grubhub and Uber Eats are challenging in court New York City's new minimum wage law for app food delivery workers.
- 07/06/2023
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New York's Minimum Wage Law Sends Shockwaves Through Gig Economy
- Uber and DoorDash face significant operational challenges as New York City's new minimum wage law, tripling base pay for gig workers, threatens to disrupt their cost structures and impact their path to profitability.
- 07/06/2023
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Uber, DoorDash sue NYC over minimum-wage law
- The law will require that drivers be paid $17.96 an hour, which will rise to nearly $20 in April 2025. Companies can decide whether to pay drivers hourly or per delivery.
- 07/06/2023
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Doordash, Uber Eats, and Grubhub sue NYC over new minimum wage law
- CNBC's Deirdre Bosa joins 'TechCheck' to discuss why gig economy stocks are hitting session lows after announcing their lawsuit with New York City over the latest minimum wage laws.
- 07/06/2023
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Uber, DoorDash sue New York City over minimum wage law
- Uber Technologies Inc , DoorDash Inc and other app-based food delivery companies filed lawsuits on Thursday seeking to strike down New York City's novel law setting a minimum wage for drivers.
- 07/06/2023
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Uber A Zombie Stock; Ford, GM Have Scalability And Expertise - David Trainer
- David Trainer has identified a list of "zombie stocks" that he believes will go to zero due to their high cash burn rate and inability to raise new capital. These stocks include companies from various industries such as technology, restaurant concepts, and electric vehicles, including Uber, Wayfair, and Rivian.
- 07/06/2023
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Uber rival Bolt moves closer to IPO, brings on new CFO
- Bolt, an Estonian ride-sharing and food and grocery delivery company, has appointed Mikko Salovaara as its new chief financial officer ahead of its anticipated initial public offering (IPO). The company said in a statement that Salovaara brings experience at some of the world's fastest-growing companies, including from his role as CFO at finance app Revolut, to lead Bolt's financial function as it moves toward full profitability and the IPO, which Reuters reported is expected in 2025.
- 07/06/2023
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DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
- The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility.
- 07/06/2023
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Many investors are 'uber bearish' and thinking of exiting China, says investment firm
- Thio Siew Hua of Lion Global Investors says China's growth is starting to slow down as the government "took their foot off the pedal" on stimulus "prematurely."
- 07/06/2023
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Uber May Add To Its 74% Run; Its 2024 Earnings Are Expected To Soar 119%
- Growth stock Uber has gained 74% so far this year. Wall Street estimates 119% earnings growth in 2024 as the company nears profitability.
- 07/03/2023
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It's All About Liquidity - David Trainer
- David Trainer discusses sectors, stocks and investing strategies. For near-term, it's really all about liquidity.
- 07/03/2023
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Uber Hits Highest Level Since 2022: ETFs to Benefit
- The ride-hailing and food delivery giant Uber has been surging of late. These ETFs should benefi out of this trend.
- 06/30/2023
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California Supreme Court agrees to hear Prop. 22 appeal after ruling favoring Uber, Lyft
- The California Supreme Court on Wednesday agreed to hear the appeal of a state appeals court decision that let most of a state law on gig-worker classification stand.
- 06/28/2023
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Ride-share industry has entered a ‘post-recovery' phase, but Uber can still put up solid growth, analyst says
- The past three years have been a mess for ride-hailing platforms like Uber Technologies and Lyft Inc. The pandemic shut down demand for rides, while delivery boomed. Then, when big cities and the broader economy reopened, there weren't enough drivers to meet riders' needs, and prices spiked.
- 06/28/2023
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Uber: A Dominant Force
- Uber dominates the US rideshare market and shows high growth potential, making it a strong long-term investment. The company's diverse range of services, including rideshare, food delivery, and freight transport, contribute to its competitive edge and impressive revenue growth. Despite risks from a highly competitive market, Uber's recent strides in technology and operations make it a strong buy with bright prospects.
- 06/26/2023
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Uber Leverages Platform to Cross-Sell Consumers on Food Delivery
- Uber Eats may still be behind DoorDash when it comes to U.S. food delivery sales, but it has one key advantage when it comes to marketing to consumers — the rest of Uber's platform. Take, for instance, one PYMNTS employee's recent experience.
- 06/26/2023
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Uber reaffirmed as a top pick at Bernstein
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 06/26/2023
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Final Trades: Uber, EQT & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/26/2023
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The Bull Case For Uber Stock Has Arrived: 'One Of The Most Compelling FCF Growth Stories In U.S. Internet' - Uber Technologies (NYSE:UBER)
- Bernstein believes the bull case for Uber Technologies Inc UBER has arrived, setting investors up for continued gains moving forward and shares are reacting positively.
- 06/26/2023
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Uber's stock gets another strong endorsement as Bernstein sees a path to $60
- “Your bull case has arrived,” Bernstein analyst Nikhil Devnani proclaimed in a Monday note to clients, as he reiterated his view of Uber UBER, +3.43% shares as his top pick and lifted his price target to $50 from $45.
- 06/26/2023
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Could Uber's stock cruise to $70? Barclays thinks it can keep riding higher in a big way.
- Uber Technologies Inc. shares have been on a tear this year, but Barclays analyst Ross Sandler sees ample room for the dominant ride-hailing name to continue cruising.
- 06/23/2023
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2023 Layoff Tracker: Uber Slashes 200 Recruiters
- Second quarter layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
- 06/22/2023
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3 Stable Stocks to Own Now
- Successful investing is more than just looking for the next hot stock. These three stocks offer strong balance sheetsm growth, and steadiness.
- 06/22/2023
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Uber to cut 200 recruiters in cost-savings measure: WSJ
- Uber Technologies Inc. UBER, +0.14% will cut about 200 recruiters in order to save costs, the Wall Street Journal reported Wednesday, citing an internal company memo. While the layoffs affect about 35% of the company's recruitment team, they account for less than 1% of Uber's headcount, the Journal reported.
- 06/21/2023
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European Uber rival Bolt will deliver food to your door via self-driving robots
- Ride-hailing firm Bolt will start offering food delivery via a fleet of robots supplied by U.S. robotics firm Starship Technologies.
- 06/21/2023
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Uber's ride should continue thanks to consumer tailwinds; possible S&P 500 inclusion
- Uber Technologies Inc (NYSE:UBER) shares are up over 70% so far for 2023 and analysts at Oppenheimer think the transportation app has further to go. They've maintained their ‘Outperform' rating on the company while increasing their 12-18 month price target to $65 from $55, citing higher peer valuations and increased confidence in the consumer tailwinds that are driving the stock.
- 06/21/2023
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2 Super Stocks That Could Turn $200,000 Into $1 Million by 2033
- Picking the short-term direction of the stock market can be impossible. However, time smooths out volatility, so the longer you remain invested, the greater your chances of earning a positive return.
- 06/21/2023
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What Makes Uber Technologies (UBER) a Strong Momentum Stock: Buy Now?
- Does Uber Technologies (UBER) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 06/20/2023
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Uber's Focus On Cash Flow Is Transforming The Brand
- Shares of Uber Technologies NYSE: UBER have been on a steady uptrend which started long before the technology stock mania pushed by NVIDIA NASDAQ: NVDA and its quarterly announcements toward the aggressive growth, undertaking the artificial intelligence space, considering that most technology companies today use one form of artificial intelligence or another, NVIDIA's message and results were enough to send the sector flying past averages.
- 06/20/2023
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Here's Why Investors Should Add UBER Stock in Portfolio Now
- Delivery and mobility businesses are boosting UBER stock.
- 06/19/2023
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Uber: Growth Just Getting Started
- Uber has recently begun to generate free cash flow, proving its business model viable and attracting a wave of bullish investors. This has pushed share prices to 18-month highs. Evaluating its forward prospects, we can note that the company's unique nature as an asset-light logistics software platform offers strong economic benefits, which both protect the downside and augment the upside. These economic properties, along with its massive and growing target set of markets, give me confidence that Uber can continue growing at recent rates for the next 5 years.
- 06/18/2023
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Uber Health will offer access to grocery, prescription deliveries
- Yahoo Finance Healthcare Reporter Anjalee Khemlani joins the Live show to highlight Uber's foray into the health services industry with Uber Health's new grocery and over-the-counter medication deliveries.
- 06/17/2023
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Is Uber (UBER) a Buy as Wall Street Analysts Look Optimistic?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 06/16/2023
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AI Revolution: 2 Artificial Intelligence Stocks Billionaires Are Buying Hand Over Fist
- The latest innovations in artificial intelligence are playing out right before our eyes. Even some of the world's most famous investors have boarded the AI train.
- 06/16/2023
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Why Uber Stock Zoomed 5% Higher on Thursday
- In line with its stated business strategy, the ride-share giant signaled a retreat from two markets abroad. It will cease its food delivery service in Italy, and withdraw from Israel entirely.
- 06/15/2023
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Uber pulls out of Israel; ends food delivery in Italy
- Uber Technologies Inc (NYSE:UBER) announced on Thursday that it will cease operations in Israel, where the company has not built sufficient market share, Reuters reported. A company spokesperson stated that the action is “in line with our efforts to focus on markets where we have opportunities for sustainable growth.
- 06/15/2023
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Uber Eats robo-revolution: How 2,000 delivery bots could spell fortune for UBER stock
- Ride-hailing and food delivery giant Uber Technologies (NYSE: UBER) has experienced an impressive surge in its stock price in 2023, fueled by a group of drivers including better-than-expected financial results, a growing user base, and rapid expansion of the artificial intelligence (AI), which Uber employs in its operations.
- 06/14/2023
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Uber is going toe-to-toe with Instacart in a bet that delivering groceries can cut healthcare costs by billions
- Uber is adding groceries and over-the-counter medical items to its Uber Health services. It's the latest company to bet big on prescribing food as medicine.
- 06/14/2023
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3 Must-Buy Stocks on Signs of Inflation Cooling Down
- The likelihood of a pause in interest rate hikes and weakening inflation bode well for stocks such as Adobe (ADBE), Uber Technologies (UBER) & GIII Apparel (GIII).
- 06/14/2023
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Serve Robotics, Uber Eats to deploy 2,000 food delivery robots across U.S. cities
- Ali Kashani, Serve Robotics co-founder and CEO, joins 'Squawk Box' to discuss the company's food delivery robots, including a new deal to put 2,000 robots on the Uber Eats platform in cities across the U.S. as soon as the end of the year.
- 06/14/2023
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The 'Taxi Prince' Is Taking on Uber---and Winning
- Uber has been outmaneuvered in one of the world's largest taxi markets by the man known as Japan's taxi prince.
- 06/14/2023
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How opera workers' ruling could help Uber, Lyft and DoorDash workers unionize
- A federal labor board ruling Tuesday on worker classification could make it easier for app-based gig workers to unionize.
- 06/13/2023
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Uber and DoorDash warn of huge changes when New York City adopts its new $18 minimum wage for delivery workers
- New York City announced a new law making $18 the minimum wage for delivery workers. DoorDash and Uber worry the law will hamper flexibility and reduce the delivery workforce.
- 06/13/2023
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Uber: Revenue Could Double By 2026
- Uber has transformed into a global mobility powerhouse, with potential for massive growth in delivery, mobility, and freight/logistics digitization. The company is now free cash flow positive, reducing the need for dilution and allowing for potential capital returns to shareholders. Uber's revenue has grown to $33.8 billion in the last twelve months, up from $11 billion at the time of its IPO. We think it could double again from here.
- 06/13/2023
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Uber (UBER) Announces Expansion of Its Car-Sharing Service
- UBER's management aims to launch its car-sharing service in two more cities.
- 06/12/2023
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New York City announces minimum wage for app food delivery workers
- New York City on Sunday announced a new minimum pay-rate for app food delivery workers amid a rise in use of services like UberEats and DoorDash since the pandemic.
- 06/11/2023
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The Uber Ride Is Smoothing Out, Earnings Upside Ahead, Eyeing $50
- Bank of America Global Research expects a solid retail sales report next week, driven by still-strong travel spending. Uber is expanding into new markets and forging strategic partnerships, with the potential for leadership in the autonomous vehicle revolution. The company's valuation is not too expensive considering its EPS trajectory, and technicals support the bullish case.
- 06/09/2023
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Uber: Very Attractive Upside Potential Outweighs Risks
- Uber's stock price had a complicated history of ups and downs since the company went public four years ago. My valuation suggests the upside potential is massive, though risks and uncertainties are also notable. I believe that the upside potential outweighs the potential risks because the company is consistently demonstrating margin expansion as the business scales up.
- 06/09/2023
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Final Trades: Wendy's, Uber, Coca-Cola & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/09/2023
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Uber announces Carshare, which will allow people to loan out their car for money
- Uber UBER, +0.67% is launching a new feature that will give people an opportunity to make money by loaning their vehicle when they are not using it.
- 06/09/2023
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Uber: Surprising Beneficiary Of Rising Interest Rates
- Uber has transformed both its financial profile and reputation. Amidst struggles in the tech sector, Uber is generating cash flow and showing resilient growth rates. The higher interest rate environment may limit the ability of competitors to compete on price.
- 06/09/2023
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Uber, Lyft drivers would get help with deactivations under NYC bill
- New York City is considering a bill that would address a top issue for its tens of thousands of ride-hailing drivers: getting kicked off apps like Uber and Lyft.
- 06/08/2023
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Uber enters car rental market
- Uber's new Carshare option, part of its sustainability effort, provides a platform for car owners to list their vehicles to local borrowers at hourly and daily rates.
- 06/08/2023
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DCLA's Sarat Sethi reveals the best undervalued stocks to buy right now
- Sarat Sethi, DCLA managing partner and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, his top undervalued stock picks, and more.
- 06/08/2023
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Uber says green rides will enable customers to track CO2 savings
- U.S. ride-hailing giant Uber said on Thursday that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.
- 06/08/2023
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The Market Has Soared in 2023, but It's Not Too Late to Buy These 2 Unstoppable Stocks
- Since 1985, the Nasdaq-100 index has only declined in consecutive years on one occasion. The index plunged in 2022, but true to form, it's surged 34% already in 2023.
- 06/07/2023
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Final Trades: Uber, Charles Schwab, Enphase & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 06/06/2023
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Tesla Stock, Uber Race Ahead While 3 Stocks Get Spicy
- As the market continues its ascent, Nvidia holds its massive gains while Tesla stock, Uber and Wingstop accelerate their recent breakouts.
- 06/05/2023
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Office workers everywhere are about to face their own Uber moment
- Every black cab driver in London is required to pass a test called the Knowledge. The advent of Uber put the Knowledge on every cell phone, lowering the barrier to entry for the profession.
- 06/05/2023
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The uber-wealthy are doing just fine and Wall Street is cashing in
- Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
- 06/02/2023
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Uber Launches Products, Features for Business Travel
- Business travel is making a comeback and Uber is capitalizing on the trend with new products and features designed to make the journey smoother, more comfortable, and more efficient for business travelers.
- 06/01/2023
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Uber (UBER) Up 0.2% Since Last Earnings Report: Can It Continue?
- Uber (UBER) reported earnings 30 days ago. What's next for the stock?
- 06/01/2023
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Uber and Waymo Are Teaming Up: Is the Self-Driving Revolution Finally Here?
- Alphabet subsidiary Waymo is bringing its taxi network to the Uber app. Waymo wants to multiply its ridership tenfold by next summer.
- 06/01/2023
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Ford launches pilot program that allows Uber drivers lease electric vehicle for customized time period
- Ford Motor Co. F said Thursday it has launched a pilot program that will allow Uber drivers going electric to lease vehicles for more customized time periods. The pilot program has started in San Diego, San Francisco and Los Angeles, where Uber UBER drivers can now sign up on the Uber marketplace.
- 06/01/2023
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3 Tech Sleeper Stocks to Buy Before Investors Wake Up
- In the fast-paced investing world, where popular tech stocks often hog the limelight, a realm of undervalued gems lies quietly beneath the surface presenting an enticing opportunity for investors before the wider market catches on. This article explores three of the best undervalued tech stocks poised for growth and ready to awaken investor interest.
- 06/01/2023
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Uber Freight Says Digital Payments Help Transportation Firms Battle Rising Tide of Fraud
- Amid the great digital shift, and in the post-pandemic world, the transportation industry is undergoing significant changes. With those changes come new vulnerabilities that need to be addressed as the trucking industry, dominated by small fleets and operators, embraces digitization but remains vulnerable to bad actors.
- 06/01/2023
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Uber executive says European taxis joining platform
- Uber is seeing an influx of European taxi drivers joining its platform, an executive told Reuters, a surprising development given the history of tensions between the company and the traditional taxi industry.
- 05/29/2023
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A Pending Restaurant IPO and AI Buzz
- Mediterranean restaurant chain Cava has filed to go public later this year. Will investors be as satisfied as Cava's customers?
- 05/27/2023
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This Small Part of Uber's Business Just Helped Multiply Delivery Profits. And It's Just Getting Started.
- Delivery EBITDA grew from $30 million to $288 million in the first quarter. A big source of that growth was advertising revenue.
- 05/26/2023
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3 No-Brainer Stocks to Buy Right Now for Less than $50
- Uber is rebounding from the pandemic with a much better cost base. GitLab is growing fast and disrupting DevOps software.
- 05/26/2023
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Watch Out Uber, This Technology Could Make You Obsolete
- Can Uber survive if self-driving cars become common?
- 05/26/2023
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Minnesota Governor Vetoes Rideshare Minimum Pay Bill After Uber Threatens To Leave State
- If Minnesota Gov. Tim Walz had signed the minimum pay bill into law, Uber would've ceased operations outside of the Twin Cities and only offered premium rides in the Minneapolis-St. Paul area, the company said.
- 05/25/2023
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Uber Threatens To Cut Most Service In Minnesota If Minimum Pay Law Takes Effect
- If a bill setting minimum pay for drivers is signed into law, Uber will cease operations outside of the Twin Cities on August 1 and only offer premium rides in the Minneapolis-St. Paul area, the company says.
- 05/25/2023
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7 Stocks That Hedge Funds Can't Get Enough Of
- The most recent regulatory disclosures of hedge funds show that they have increasingly concentrated their investments in technology stocks. Especially with many tech stocks rebounding from a brutal 2022.
- 05/24/2023
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Are Uber and Waymo a Match Made in Heaven?
- Uber is getting into autonomous driving, but there's a catch.
- 05/24/2023
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Final Trades: Uber, Amazon, UnitedHealth & more
- The 'Halftime Report' traders give their top picks to watch for the second half.
- 05/24/2023
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Uber partners with Waymo to add self-driving cars to its fleet in Phoenix
- Uber is adding a robotaxis to its fleet of vehicles in Phoenix later this year, thanks to a partnership with rival Waymo, the companies announced. An undisclosed number of Waymo autonomous-driving vehicles will be available to hail for rides and book food delivery on the Uber app.
- 05/23/2023
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Uber to offer autonomous ride-hailing and delivery using Waymo's robotaxis
- Uber's ride-hailing and delivery services will soon be offered by Waymo's autonomous vehicles -- at least in the Phoenix, Arizona metropolitan area.
- 05/23/2023
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Biden administration rolls out new efforts on AI, including R&D plan and Education Dept. report
- The Biden administration on Tuesday rolled out new efforts focused on artificial intelligence, releasing an updated federal roadmap for AI research and development along with an Education Department report on risks and opportunities that come from the fast-changing field.
- 05/23/2023
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Uber taps into self-driving tech of former rival Waymo
- Google-owned Waymo on Tuesday said it will put its self-driving car technology to work for Uber in a partnership between the one-time rivals.
- 05/23/2023
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Uber and Waymo Partner on Driverless Taxis in Phoenix
- Uber customers could have a driverless taxi pick them up when hailing a ride in Phoenix.
- 05/23/2023
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Top Stocks To Buy Now? 3 Tech Stocks To Know
- Are these the top tech stocks to buy now?
- 05/23/2023
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Uber Technologies ($UBER) and Waymo Team Up to Bring Autonomous Driving and Delivery to Phoenix
- Uber Technologies (NYSE: UBER), a global alternative transport company, and Waymo have announced a new partnership to make autonomous driving technology more accessible. By combining Waymo's expertise in autonomous driving with Uber's vast networks, this collaboration has the potential to revolutionize transportation.
- 05/23/2023
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Self-Driving Ubers Coming Soon: Waymo Partnership Could Start This Year
- Despite past legal tensions between the two firms, Uber and Waymo are teaming up to expand autonomously driving taxi and food delivery services.
- 05/23/2023
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Uber partners with Waymo in self-driving push
- Uber Technologies Inc. UBER, -0.03% and Alphabet Inc.'s GOOG, +2.13% GOOGL, +1.87% Waymo will partner to make Waymo's autonomous-driving technology available on the Uber platform, the companies said Tuesday. The companies will launch their integration later this year with a number of Waymo vehicles in Phoenix.
- 05/23/2023
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Buyers Swarmed These 3 Stocks Post-Earnings
- We managed to elude the so-called earnings 'cliff' many warned of, with many companies posting better-than-expected results and keeping sentiment in line.
- 05/22/2023
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Uber diversity exec put on leave after hosting ‘Don't Call Me Karen' panel
- Uber's chief diversity, equity and inclusion officer has been placed on leave after an event she planned, titled "Don't Call Me Karen," was slammed as "tone-deaf" and she failed to address employees' qualms.
- 05/22/2023
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Uber Suspends DEI Chief After Employees Complain of Insensitivity
- The executive hosted sessions about race and being a white woman that were titled “Don't Call Me Karen,” prompting an employee uproar.
- 05/21/2023
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A Tesla co-founder returns, TuSimple restructures again and Uber's stickiness strategy
- Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. It was another busy week in the transportation world and no surprise, Tesla was one of the headliners.
- 05/21/2023
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Uber is trying to sway Chicago's mayor and Illinois Democrats against a bill seeking to make rides safer for customers
- An Illinois bill could hold companies like Uber and Lyft liable for harm done to passengers. Those rideshare companies are currently exempt from liability rules for other transportation services.
- 05/19/2023
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Most stocks end up losing you money. What's an investor to do?
- If you're going to try to retire early and rich by picking the right stocks, there's something you should know first.
- 05/19/2023
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LYFT CFO to Step Down Shortly, Company Appoints Replacement
- LYFT continues to struggle, as evidenced by the 24.2% year-to-date decline in its shares.
- 05/18/2023
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How Uber is trying to create ‘stickiness' for its app
- Ride-hailing is back. But Uber's looking to become more than a one-stop shop for booking rides.
- 05/18/2023
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2 Growth Stocks Billionaires Keep Buying Hand Over Fist
- Studying the activity of billionaire investors is one way to jump-start your stock-picking process. Steven Cohen's Point72 fund made a big bet on Doximity, a social media platform for physicians, in the first quarter.
- 05/18/2023
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UBER Benefits From Delivery Business Amid Rising Expenses
- UBER expands its Delivery operations in response to the surge in business. However, rising costs and expenses are concerning as they threaten Uber?
- 05/17/2023
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Elon Musk Just Unveiled His Vision for Tesla's Robotaxi -- Should Uber Be Worried?
- In an interview yesterday, Elon Musk offered some new details about his vision for Tesla's autonomous robotaxi. If his future predictions are correct, fully autonomous ride-hailing could become one of the world's most valuable industries.
- 05/17/2023
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Uber Wants to Make It Easier to Get Your Teen a Ride
- New family profiles and teen accounts will let parents pay for rides and keep track of their kids' trips.
- 05/17/2023
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Uber and Lyft drivers in Washington state gain access to unemployment and paid leave under newly signed law
- Tens of thousands of ride-hailing drivers in Washington state will be the first in the nation to be entitled to unemployment insurance and paid family and medical leave under a bill signed by the governor this week.
- 05/17/2023
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Uber will now let parents put their teens in rides alone
- Uber is rolling out new features to make it easier for people of all ages to access its ride-hailing service, including an option that will let teens under the age of 18 ride alone for the first time.
- 05/17/2023
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Uber puts family (even teens) at the center of its new products and features
- Family is at the center of Uber's latest product offensive.
- 05/17/2023
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Uber announces a bunch of new features, including one that lets you book rides without the app
- Uber announced new features at its Go-Get event in New York City on Wednesday.
- 05/17/2023
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You can now hail an Uber by calling a number
- Uber's making it easier to hail a ride — no app required. The company announced Wednesday at its annual Go-GET event in New York City that it's launching a new ride-hailing option for people who aren't as familiar navigating a smartphone.
- 05/17/2023
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Uber launches private chartered boats in Mykonos
- Uber's getting into boats. Well, more into boats than it was previously.
- 05/17/2023
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Is Uber Stock Pricing in Operational GAAP Profitability Soon?
- The sentiment for Uber Technologies Inc. NASDAQ: UBER is positive more than ever as the company continues to break records in its quest to reach operational GAAP profitability. The robust travel demand has been a boon for Uber, just like for airline stocks like United Airlines Holdings Inc. NYSE: UAL and Delta Air Lines Inc. NYSE: DAL.
- 05/16/2023
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Uber Stock Riding High On Deals With Amazon, Google And Oracle
- After inking deals with Google Cloud and Oracle, teaming up with Amazon and beating Q1 expectations, Uber stock has entered a buy zone. The post Uber Stock Riding High On Deals With Amazon, Google And Oracle appeared first on Investor's Business Daily.
- 05/15/2023
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'This is a market that wants two players', says Lyft's new CEO David Risher on competition with Uber
- Lyft's new CEO David Risher joins 'Mad Money' host Jim Cramer to discuss the future of the company, recent changes within Lyft, and more.
- 05/12/2023
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'I don't need to dethrone a king': New Lyft CEO says the company can succeed without annihilating Uber
- Lyft CEO David Risher told CNBC's Jim Cramer on Friday he sees a successful future for the company alongside its main competitor, rideshare behemoth Uber.
- 05/12/2023
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These Travel Stocks Are Flying Higher. Uber Stock Is Cruising On Up.
- Uber stock has gained 55% this year as travelers worldwide hit the road. The post These Travel Stocks Are Flying Higher.
- 05/12/2023
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3 Growth Stocks That Could Go Parabolic
- The Trade Desk should profit from the expansion of the CTV market. DigitalOcean has carved out a growing niche in the cloud platform market.
- 05/10/2023
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Uber Technologies: Loyal Members Driving The Next Leg Of Growth
- Uber delivered yet another phenomenal quarter. The focus of investors should now shift towards the progress made by the company with its membership and advertising segments.
- 05/10/2023
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Uber launches UK flight ticket bookings - FT
- Uber Technologies Inc has launched international and domestic flight bookings on its UK app, the Financial Times reported on Wednesday.
- 05/10/2023
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Uber Technologies: New Year, New Company
- Uber has shown good growth and a great improvement in profitability. The company has a big market to grow into and the upper hand in the competition.
- 05/09/2023
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Uber Technologies Stock Could Make a Move Higher
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this UBER commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 05/09/2023
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‘Uber's model pushes drivers like me to accept risks': Uber shareholders reject two driver-safety proposals
- Uber investors on Monday rejected two proposals related to worker safety and health, the company said after a preliminary tally of votes.
- 05/08/2023
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Uber Surges On Strong Ride Share And Delivery; 175% Growth Forecast As Stock Nears Buy Point After Breakout
- Growth stock Uber broke out on strong first-quarter sales from ride share and delivery. The stock is near a buy point.
- 05/08/2023
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3 Top U.S. Stocks to Watch In May
- Mullen is roundly despised on Wall Street although the EV producer continues to make progress. Uber envisions growth upon growth with strong first-quarter results and current-quarter guidance.
- 05/08/2023
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Does Uber Have Its Mojo Back?
- Uber grew its mobility and delivery businesses by double digits in the first quarter. The company is improving its profit margins but is still losing money.
- 05/07/2023
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The Highlight From Uber's Q1 Isn't More Revenue Growth (Although That's Pretty Encouraging Too)
- Uber continues moving toward an operating profit and could reach that mark at some point this year. Rival Lyft's swing to profitability isn't on the horizon as it doesn't enjoy the same scale Uber has.
- 05/07/2023
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75% of These Wall Street Analysts Recommend Buying 1 Unstoppable Stock
- Uber's latest results revealed record demand for its ride-hailing service. But its longer-term opportunity in that space is even more exciting.
- 05/06/2023
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Uber Stock Soars 11.6% After Earnings. Was the Rise Justifiable?
- The ridesharing and food delivery company is firing on all cylinders.
- 05/06/2023
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How Uber Is Cranking Up Growth
- The take rate is the story of the first quarter.
- 05/06/2023
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DoorDash Continued To Grab Uber's Dinner
- DoorDash grew at a double-digit rate and raised its guidance, demonstrating its ability to execute its strategies and invest in growth areas. DoorDash has a strong growth prospect in the under-penetrated food delivery market, as evidenced by its market share gains over Uber and double-digit growth.
- 05/05/2023
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Uber and Pfizer Update Their Investors About How Things Are Going
- We also chat about whether there is a "new normal" for start-ups and venture capital.
- 05/05/2023
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Use The Blue Dot To Find Winning Stocks Like Uber
- Uber gained over 50% so far this year and outperformed the S&P 500 by a long shot. The post Use The Blue Dot To Find Winning Stocks Like Uber appeared first on Investor's Business Daily.
- 05/05/2023
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Uber: Driving Growth With Logistics Software
- Uber Technologies ( UBER , Financial) recently reported first-quarter 2023 earnings results that have changed the prevailing narrative surrounding the company and have been well-received by investors. This year, the stock has seen stellar growth compared to the market, establishing it as one of the best-performing stocks in the tech industry.
- 05/05/2023
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Uber Driver Holds Its Lead In the Provider Ranking of Gig Apps
- With PYMNTS research finding that more Americans are adding side hustles to ease paycheck-to-paycheck living pressures, our Provider Ranking of Gig Apps is the ideal place to see this class of apps at work, so to speak, as the rankings reflect downloads and activity on those platforms.
- 05/05/2023
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Uber Eats and Amazon Enable Delivery Status Updates Via Alexa
- Consumers can now ask Alexa for the status of their Uber Eats orders. The integration of Uber Eats with Amazon Echo devices in the United States enables real-time, hands-free order tracking via the voice assistant, the companies said in a Thursday (May 4) press release.
- 05/05/2023
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Why Uber Stock Popped This Week
- Uber's bookings grew by 19% in the first quarter. The company is getting closer to profitability.
- 05/05/2023
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Is Uber Technologies Stock a Buy Now?
- Uber's Q1 numbers surpassed Wall Street's expectations. It expects steady growth in Q2 with expanding adjusted EBITDA margins.
- 05/05/2023
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Ex-Uber security chief gets probation for covering up data breach
- SAN FRANCISCO — The former chief security officer for Uber was sentenced to probation Thursday for trying to cover up a 2016 data breach in which hackers accessed tens of millions of customer records from the ride-hailing service.
- 05/04/2023
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Lyft stock sinks as forecast falls short of estimates, as new CEO takes aim at Uber
- Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analyst estimates.
- 05/04/2023
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Alexa's new feature lets your Echo speaker announce your Uber Eats order updates
- Wondering where your Uber Eats order is? Alexa will soon be able to tell you.
- 05/04/2023
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It's Over for Lyft -- Uber Wins in Ride-Sharing
- Ride-sharing looks like a winner-take-all market, and Uber is winning big.
- 05/04/2023
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Why Uber Stock Was a Winner on Wednesday
- The ridesharing king's stock was hot a day after it reported quarterly results. A clutch of analysts raised their price targets on Uber, and one even upgraded his rating.
- 05/03/2023
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UBER Q1 Earnings & Revenues Exceed Expectations, Improve Y/Y
- UBER first-quarter 2023 revenues increase year over year.
- 05/03/2023
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Kroger Teams with Uber Eats in Bid for Greater Share of Food Spend
- In an effort to embed its offerings more deeply in consumers' day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery.
- 05/03/2023
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Uber and Stripe Expand Partnership to Enable Pay by Bank
- Uber and Stripe have expanded their strategic payments partnership across the United States, Australia and Japan. By expanding its use of Stripe's payment platform, Uber will reduce payments costs, enhance payments performance and give customers more payments options, the companies said in a Wednesday (May 3) press release.
- 05/03/2023
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Uber 1Q results hailed by analysts; Wedbush and Canaccord raise price target
- Analysts have been impressed by Uber's first quarter results, with brokers Wedbush and Canaccord each bumping up their price target on the stock. The ride-sharing company's 1Q revenue of $8.8 billion was ahead of Wall Street's forecast of $8.7 billion, its loss per share of $0.08 matched expectations, and its gross bookings grew 19% year-over-year to $31.4 billion.
- 05/03/2023
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Uber Was a Cash-Burning Machine. Now It Is Targeting Net Profit.
- Analysts say ride-hailing firm Uber is headed for GAAP profitability, as it looks to control costs such as stock-based compensation.
- 05/03/2023
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Stripe, a longtime partner of Lyft, signs a big deal with Uber
- Growth at $50 billion fintech Stripe has been slowing this year, but one of its key strategies to reverse that course got a decent push today: Stripe is announcing that it has inked a “strategic payments partnership” with Uber.
- 05/03/2023
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Uber's Q2 outlook will likely focus on consumer demand and competition from Lyft, says Tom White
- Tom White, D.A. Davidson Senior Research Analyst, discusses his expectations for Uber's earnings report.
- 05/03/2023
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3 Things About Uber Technologies That Smart Investors Know
- Uber has taken big steps towards improving its profitability. It's safe from the regulatory challenges in California (for now).
- 05/03/2023
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Ride-hailing market has potential to be 'a stable duopoly' between Lyft and Uber: Analyst
- RBC Capital Markets Equity Analyst Brad Erickson joins Yahoo Finance Live anchors to discuss the outlook for ride-hailing companies Lyft and Uber.
- 05/02/2023
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Uber Eats Leverages Discounting to Maintain Aggregator Usage Amid Inflation
- As restaurant aggregators push back on inflation-related trade-down, discounts are key to maintaining frequency. Uber Eats, for its part, is making a play for affordability with the Uber-wide Uber One paid membership program, which offers free delivery on food orders, among other perks.
- 05/02/2023
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Uber's Khosrowshahi on Strong Ride Demand, AII
- Uber shares surged after the company reported earnings that beat analysts' estimates, showing that consumers continue to spend more on rides and food takeout despite an uncertain economic outlook. Uber CEO Dara Khosrowshahi joins Bloomberg's Emily Chang and Ed Ludlow.
- 05/02/2023
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This Is Just the Beginning for Uber
- Rideshare giant Uber Technologies Inc. ( UBER , Financial) reported strong earnings for the first quarter of 2023 on Tuesday morning, sending its shares higher in pre-market trading.
- 05/02/2023
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Uber earnings: Q1 saw continued improvement among U.S. consumers
- Yahoo Finance's Daniel Howley joins the Live show to discuss the rise in stock for Uber following first-quarter earnings.
- 05/02/2023
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Uber shares jump as it reports higher sales
- Uber shares rocketed higher early Tuesday after the ride-hailing and delivery company reported a jump in revenues amid rising demand.
- 05/02/2023
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Market Eagerly Awaits Outcome of Fed FOMC Meet
- Market Eagerly Awaits Outcome of Fed FOMC Meet.
- 05/02/2023
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Here's What Key Metrics Tell Us About Uber (UBER) Q1 Earnings
- While the top- and bottom-line numbers for Uber (UBER) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 05/02/2023
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JOLTS Data After the Bell, Q1 Reports for PFE, UBER & More
- The JOLTS report for March will be out today, making it the first of several employment-related releases out this week.
- 05/02/2023
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Why Uber Stock Was Rising Today
- Uber beat estimates on the top and bottom lines in the first quarter. Bookings were evenly divided between mobility and delivery.
- 05/02/2023
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Uber Is Firing on the Most Important Cylinders
- Ride-share and delivery growth accelerate as earnings pick up despite freight losses.
- 05/02/2023
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Uber One Members Drive 27% of Mobility Platform's Gross Bookings
- Uber's latest quarterly earnings results showed a continued rebound in ride-hailing, and the company's membership program, Uber One, continued to show evidence that the “cross-selling” opportunity offered by the mobility giant continues to gain fruit.
- 05/02/2023
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U.S. debt ceiling crisis in limbo, Australia hikes interest rates, Uber earnings: 3 things to know
- Yahoo Finance Live's Brad Smith summarizes three key topics to watch for this morning including Australia hiking interest rates, President Biden meeting with Kevin McCarthy to discuss the debt ceiling limit, and Uber earnings.
- 05/02/2023
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Uber Technologies (UBER) Reports Q1 Loss, Tops Revenue Estimates
- Uber Technologies (UBER) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $3.04 per share a year ago.
- 05/02/2023
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Uber CEO Dara Khosrowshahi shares the biggest lesson he learned being a driver himself
- Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's Q1 earnings results and 2023 outlook, the impact of A.I., and the lessons he learned being a driver himself.
- 05/02/2023
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Uber's revenue climbs 29% as it continues to defy tech slump
- Uber on Tuesday reported revenue of $8.8 billion for the quarter ending in March, a 29% increase from the same period last year and beating Wall Street's estimates.
- 05/02/2023
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Uber had an epic Q1 as mobility solutions revenue jumped
- Uber (NYSE: UBER) had a strong quarter as demand for its ride-hailing and food-delivery services jumped. The company's gross bookings soared by 19% in the first quarter to $31.4 billion.
- 05/02/2023
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Uber Earnings Top Views On Strong International Growth. The Stock Is Racing Higher.
- Ride-hailing giant Uber reported Q1 earnings and revenue that topped estimates. UBER stock rose as bookings came in above expectations.
- 05/02/2023
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Uber Tops Earnings, Revenue Expectations. The Stock Is Surging.
- Uber reported first-quarter adjusted earnings of $761 million, beating its previous guidance, as gross bookings jumped 22%.
- 05/02/2023
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Uber stock soars as earnings forecast tops expectations
- Shares of Uber Technologies Inc. were up 10% in premarket trading Tuesday after the ride-hailing giant issued an upbeat outlook for the current quarter.
- 05/02/2023
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Uber revenue beats expectations and the stock is up
- Uber reported first-quarter results Tuesday that beat analysts' expectations for revenue.
- 05/02/2023
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Three things to watch from Uber's upcoming Q1 earnings report
- Yahoo Finance tech reporter Daniel Howley breaks down what investors should be aware of ahead of Uber's Q1 earnings report.
- 05/01/2023
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DPCM Capital CEO on the IPO arms race and Uber outlook
- Emil Michael, DPCM Capital CEO, joins 'Closing Bell: Overtime' to discuss IPOs and Uber.
- 05/01/2023
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Apple, AB InBev, and Uber Earnings, a Fed Decision, April Jobs Data, and More to Watch This Week
- The Federal Reserve may raise interest rates on Wednesday. Hiring is expected to slow in April.
- 04/30/2023
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Reviewing Stock Samplers With "Rule Breaker Investing"
- How have the stocks in "5 Stocks for the Coronavirus" and "5 Stocks to Teach You Rule Breakers" been doing?
- 04/29/2023
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Can Uber Technologies hail an earnings beat when it reports next week?
- Uber Technologies is slated to report results before the opening bell on May 2, and the ride-sharing app has a chance to start a strak of expectations beats. The company missed on earnings each of the first three quarters last year before righting the ship in the fourth.
- 04/28/2023
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Why cities continue to have a love-hate affair with e-scooters
- E-scooters have popped up in metro areas around the world, but many of the ride-share companies behind them are struggling.
- 04/28/2023
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Uber's First-Quarter Revenue Was Likely Boosted by a High Take Rate
- Uber Technologies, one of the world's biggest ride-sharing companies, will likely report a narrow net loss in the first quarter on solid revenue gains boosted by a high take rate.
- 04/28/2023
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Uber Freight offers carriers a fuel card powered by startup AtoB
- Uber Freight, the logistics business spun out of Uber in 2018, is partnering with transportation fintech startup AtoB to offer carriers fuel cards and spend management software. AtoB, a four-year-old company that has been described as Stripe for transportation, offers an integrated financial platform based around its core product of a fuel card for truckers.
- 04/27/2023
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Best Growth Stock to Buy: Shopify vs. Uber
- These companies are growing rapidly but finding profits more elusive.
- 04/25/2023
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UBER Set to Report Q1 Earnings: Here's What You Should Know
- The Delivery unit is likely to have aided UBER's Q1 performance.
- 04/25/2023
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7 Travel Stocks to Buy Right Now
- As the Covid-19 crisis initially capsized global societies, many daring investors targeted travel stocks to buy for the long haul. Their thinking centered on the eventual comeback effect.
- 04/25/2023
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Deliveroo, Just Eat and Uber Eats face fines after police arrest 60 delivery drivers
- Deliveroo PLC (LSE:ROO), Just Eat Takeaway.com NV (LSE:JET, NASDAQ:GRUB) and Uber Eats could face fines after several of their delivery drivers were arrested in London and the south of England as part of a Home Office crackdown on supposed illegal immigrants. Around 60 learner-plated moped riders were arrested by police over six days, leading to almost three-quarters of them being detained by the Home Office.
- 04/25/2023
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Russia's Yandex buys Uber's stake in joint venture for $702.5 mln
- Russian tech giant Yandex said on Friday it had bought Uber's stake in their joint taxi venture for $702.5 million.
- 04/21/2023
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Uber Expands Robotic Delivery as Aggregators Seek to Lower Cost
- In an effort to drive customer frequency by lowering costs, aggregators are testing robotic delivery. Uber, for its part, announced Thursday (April 20) that it is expanding its partnership with sidewalk delivery robotics company Cartken to offer autonomous fulfillment in Fairfax, Virginia's Mosaic District shopping mall.
- 04/20/2023
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Uber and Cartken are bringing sidewalk delivery robots to Virginia
- Uber is expanding its partnership with sidewalk delivery robot startup Cartken to Fairfax, Virginia. Starting Thursday, UberEats customers around the Mosaic District can choose to have food from select merchants delivered via one of Cartken's small, six-wheeled, autonomous bots.
- 04/20/2023
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Final Trades: Blackstone, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 04/19/2023
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Uber named 'top pick' at Jefferies
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 04/17/2023
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UBER Stock Price Prediction: Is Uber Really Worth $49?
- Uber Technologies (NYSE: UBER ) stock is a hot topic on Monday after Jefferies analyst John Colantuoni named it one of the firm's top picks. In a new note to clients, Colantuoni reiterates a “buy” rating for shares of UBER stock.
- 04/17/2023
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Biden adds more EV charging across U.S., with pledges from Uber, Walmart, PG&E and others
- The Biden administration has signed on a new round of public and private commitments to add electric-vehicle (EV) charging options around the U.S. beginning now and into the next several years, it said Monday.
- 04/17/2023
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Uber denies accusations of charging fares based on phone battery levels
- This segment originally aired on April 14, 2023 Yahoo Finance's Pras Subramanian discusses reports that Uber is being accused of scaling fares based on rider phone battery levels.
- 04/16/2023
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‘Stop or I'll fire you': the driver who defied Uber's automated HR
- Alexandru Iftimie received apology from tech giant after investigating data behind his supposed fraud
- 04/16/2023
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Washington Uber and Lyft drivers win paid family and medical leave
- Washington's Senate unanimously passed a bill this week that would make the state the first in the nation to grant ride-hail drivers the right to paid family and medical leave.
- 04/13/2023
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3 Cyclical Stocks For Your April 2023 Watchlist
- Cyclical stocks to watch in the stock market now.
- 04/13/2023
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Careem Launches A Spinout With $400 Million Investment
- Careem - an Uber-owned ride-hailing company - announced a spinout with major backing from Abu Dhabi-based tech holding company e&. The post Careem Launches A Spinout With $400 Million Investment appeared first on Pulse 2.0.
- 04/13/2023
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Uber is funding an e-bike trade-in program to curb battery fires
- Uber is funding a new program that aims to get electric bikes with dangerous non-certified lithium-ion batteries off New York City streets.
- 04/12/2023
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BOLT: How This Estonian Startup Beat Uber At Its Own Game
- Markus Billig founded Bolt at 19. After tapping into underserved markets, Bolt is expanding into micro mobility and delivery; and taking on giants like Uber.
- 04/12/2023
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Time to Buy These 3 Next Gen Big Tech Companies?
- Many of the biggest and most profitable companies today are the technology giants such as Alphabet GOOGL , Apple AAPL , and Meta Platforms META . Their valuations have exploded higher over the last decade, but are becoming more mature, slower growth stocks.
- 04/11/2023
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Uber Announces Date of First Quarter 2023 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2023 financial results on Tuesday, May 2 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days.
- 04/11/2023
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3 Quarterly Reports Investors Can't Ignore This Week
- Revealing a detailed snapshot of your finances probably sounds a bit intimidating, right? And what if you had to do it several times a year?
- 04/11/2023
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Prediction: 3 Stocks That Will Turn $250,000 Into $1 Million by 2030
- The Nasdaq-100 technology index plunged 33% last year, but annual declines are a relatively rare occurrence. Taking a long-term view can tune out the noise of any one losing year.
- 04/11/2023
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Uber-owned 'Careem' spinning off its super app business
- CNBC's Andrew Ross Sorkin reports on news from an Uber-owned app in the Middle East.
- 04/10/2023
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Uber sells $400m stake in Careem super app business
- Careem, the Middle East-based ride-hailing company that Uber bought in 2019, is spinning out its super app business into a new startup backed with $400 million from Emirates Telecommunications Group Company. Emirates Telecommunications, the UAE telco giant that is now known as e&, said Monday it reached an agreement with Uber to buy a 50.
- 04/10/2023
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e& Invests $400 Million in Uber's Careem Super App Spinout
- Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm's investment of $400 million — the completion of which is subject to regulatory approvals and other closing conditions — the Careem super app will spinout from Uber Technologies subsidiary Careem, the companies said in a Monday (April 10) press release.
- 04/10/2023
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UAE's e& to acquire majority stake in Uber subsidiary Careem's Super App for $400M
- Emirates Telecommunications Group Company (e&) is acquiring a 50.3% stake in a spinout business of Uber's Middle Eastern subsidiary Careem for $400 million. Careem's ride-hailing business will be separated from the Careem Super App and will remain 100%-owned by Uber but still available on the Super App, e& said.
- 04/10/2023
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Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&
- Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride hailing in one app.
- 04/10/2023
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What Happened When Uber's CEO Started Driving for Uber
- Dara Khosrowshahi and other executives realized drivers' complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft.
- 04/07/2023
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Uber to offer Tembici's bike-sharing service in Latin America
- Uber Technologies Inc on Wednesday announced a deal with Brazilian bike-sharing company Tembici to make electric and common bicycles available on its app in Latin America amid a push for greener initiatives.
- 04/05/2023
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Uber found in breach of advertising rules over driver benefits claims
- Uber has been found to be in breach of the UK Advertising Standards Agency's (ASA) code of conduct pertaining to comparisons with identifiable competitors for making an unverified claim that it was the only ride-hailing service in London to offer certain benefits to its drivers. The company had placed paid-for ads on The Economist mobile app and national newspapers, claiming that benefits such as sickness cover, parental payments, and access to free Open University courses were unique to Uber.
- 04/05/2023
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Love Fintech Stocks? This Dutch Payments Giant Should Be at the Top of Your Watch List
- Adyen is one of the leading payments processors around the globe. The company has better payment authorization rates than competitors, leading it to win contracts from large clients.
- 04/04/2023
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BP to Offer Access to Charging to Help Uber Drivers Go Electric
- Per the contract, BP will provide bespoke deals to drivers on the Uber platform, which are tailored to each market, including the United States, the U.K. and parts of Europe.
- 04/03/2023
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Uber Hits Another Milestone In Healthcare, Launching Same-Day Prescription Delivery
- Uber Health is launching yet another initiative to increase access to care.
- 03/31/2023
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How Uber left Lyft in the dust
- For years, Lyft positioned itself as the "nice guy" in the ride-hailing industry. It let rival Uber do most of the dirty work fighting regulators and the taxi industry to create a path for a new crop of companies to offer rides to customers through an app.
- 03/29/2023
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Uber CEO's pay rose to $24 million last year
- Uber Technologies Inc. Chief Executive Dara Khosrowshahi's total compensation last year rose 22% to $24.3 million, the company disclosed Tuesday.
- 03/28/2023
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Uber Eats Aims for Control of Ghost Kitchens on Platform
- Aiming to gain greater control over the digital restaurant market, Uber is rethinking ghost kitchens. The company announced Tuesday (March 28) the launch of its Certified Virtual Restaurant Program, through which Uber Eats takes a more central role in creating and controlling virtual brands on its marketplace.
- 03/28/2023
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Uber Eats: Why Thousands of Restaurants Are Being Cut from App | Tech News Briefing | WSJ
- Uber Eats plans to take down thousands of listings for online-only brands. WSJ restaurants reporter Heather Haddon joins host Zoe Thomas to discuss how so many of these brands emerged and how Uber's decision could affect customers.
- 03/28/2023
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Lyft CEO Wants to Compete With Uber on Fares
- The new Lyft CEO David Risher talks about competing on price with Uber, possible plans to expand to Europe, moving beyond ride sharing, and he says the company is not for sale. He's on "Bloomberg Technology.
- 03/28/2023
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Lyft's CEO Shakeup Hints at Need to Think More Like Uber
- Lyft could use a lift. At this writing, the company's shares are trading at a bit over $9.60, well off recent peaks of more than $17.
- 03/28/2023
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Lyft ‘operating at a structural disadvantage to Uber,' analyst says
- RBC Capital Markets Internet Analyst Brad Erickson joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss Lyft's decision to appoint former Amazon retail exec David Risher as the rideshare giant's new CEO, competition with Uber, the driver shortage, and the outlook for Lyft.
- 03/28/2023
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Want a 101% to 130% Return? Try These Growth Stocks, Says Wall Street
- After the Nasdaq-100 index plunged 33% last year, Wall Street analysts entered 2023 on a cautious footing. Nonetheless, some analysts continue to find quality stocks with significant upside potential.
- 03/28/2023
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New Lyft CEO: ‘I don't think of this as just an Uber battle. It's a battle against staying at home.
- Lyft Inc.'s incoming Chief Executive David Risher looks at the ride-hailing company's competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he said in an interview with MarketWatch on Monday.
- 03/27/2023
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Uber Eats to remove thousands of 'ghost kitchen' listings that restaurants use to sell food under different brand names
- Uber Eats announced plans to remove thousands of online-only brands from its app in a crackdown on restaurants listing their menu under multiple brand names, according to reports. These virtual “ghost kitchens” took off during the Covid-19 pandemic as restaurants moved to utilize otherwise empty kitchens and make up for lost sales by offering their existing products under revamped brand names.
- 03/27/2023
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Brokers Suggest Investing in Uber (UBER): Read This Before Placing a Bet
- Based on the average brokerage recommendation (ABR), Uber (UBER) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric.
- 03/27/2023
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Uber Eats Tries to Tame ‘Wild West' of Online-Only Brands
- Uber Eats is reportedly removing thousands of virtual brands it says have cluttered its platform. Company officials told The Wall Street Journal (WSJ) Monday (March 27) that these brands — delivery services that don't have a physical storefront — exploded on food aggregator apps during the pandemic.
- 03/27/2023
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Uber Technologies Is A Buy. Lyft Not So Much
- Uber's management team is likely more competent than its counterpart at Lyft. Uber's mobility division growth rate far surpassed Lyft's growth rate during the pandemic.
- 03/22/2023
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Court revives Uber/Postmates fight against AB5 for app-based drivers
- A lawsuit against AB5 brought by Uber, Postmates and two of their gig drivers failed in a lower federal court in California in 2020 but has been partially revived on appeal. And it appears that the primary reason for the reversal were the words of AB5's key sponsor, Lorena Gonzalez, who was a state assemblywoman when the law was passed but is now the chief officer of the California Labor Federation.
- 03/20/2023
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Uber, Lyft group challenges Biden's labor secretary nominee over worker rules
- Uber, Lyft trade group Flex Association requested nominated DOL Secretary Julie Su to explain her stance on worker-classification rules.
- 03/20/2023
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Uber, Lyft trade group asks Biden's labor nominee to explain position on gig workers
- A trade group representing rideshare and delivery companies such as Uber and Lyft is asking President Joe Biden's nominee to lead the U.S. Department of Labor, Julie Su, to explain her position on worker-classification rules.
- 03/20/2023
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Why UiPath, Uber, and Oracle Are No-Brainer Buys Right Now
- UiPath's narrowing losses indicate its business is sustainable. Uber's rising profits suggest that economies of scale are kicking in.
- 03/20/2023
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What Uber, Lyft and DoorDash's victory on gig-worker status looks like so far
- After an appeals-court decision this week, California ride-hailing drivers and other gig workers will remain independent contractors instead of employees for the foreseeable future — a win for gig companies that they will surely try to replicate around the country and beyond.
- 03/17/2023
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Why Uber Stock Is Retreating Today
- A California appeals court ruled that Uber drivers can be designated contractors. Uber's shares are losing steam amid broader fears in the stock market.
- 03/15/2023
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Why Uber Stock Jumped Today
- Uber's drivers can continue to operate as independent contractors in California. The court decision could save the company millions of dollars in additional costs.
- 03/14/2023
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Uber, DoorDash, Lyft stocks rise after Prop. 22 ruling in California
- Shares of Uber Technologies Inc. UBER, Lyft Inc. LYFT and DoorDash Inc. DASH ended higher Tuesday, a day after a California appeals court handed them a partial victory that lets them continue treating their drivers and couriers as independent contractors instead of employees — though an appeal to the California Supreme Court is likely. The three-member appeals court ruled two to one that most of Proposition 22, the law that came out of a 2020 ballot initiative on which the companies spent more than $200 million, could be upheld after a judge last year declared it unconstitutional.
- 03/14/2023
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Three-Stock Lunch: UBER, JBLU & JPM
- Shelby McFadden, sr. analyst at Motley Fool Asset Management, joins 'Power Lunch' to discuss three stocks: Uber, JetBlue and JPMorgan.
- 03/14/2023
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Uber, Lyft Shares Rise As California Court Rules Drivers Can Be Independent
- Uber stock jumped Tuesday, as did Lyft and DoorDash, thanks to a court ruling on how they categorize drivers. The post Uber, Lyft Shares Rise As California Court Rules Drivers Can Be Independent appeared first on Investor's Business Daily.
- 03/14/2023
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Uber and Lyft drivers are contractors, California court says
- Uber and Lyft drivers are independent contractors, not employees, of the ride-sharing companies, a California court has ruled. A three-judge panel of the state appeals court decided that a 2021 ballot measure, known as Proposition 22, was unconstitutional.
- 03/14/2023
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Uber, Lyft stocks rise as California court upholds Prop. 22
- Yahoo Finance's Daniel Howley joins the Live show to discuss the rise in stock for rideshare giants Uber and Lyft following a California court's decision to uphold Prop. 22.
- 03/14/2023
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Lyft, Uber stocks rise following California court's decision over gig workers
- Yahoo Finance Live anchors Julie Hyman and Jared Blikre discuss the rise in stock for rideshare giants Lyft and Uber.
- 03/14/2023
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California judge upholds rule that classifies gig workers as contractors
- CNBC's Andrew Ross Sorkin reports on news from a California Appeals Court.
- 03/14/2023
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Court Rules Uber and Lyft Drivers Are Contractors
- Uber and Lyft have landed a victory in their battle to treat drivers as contractors. In a ruling issued Monday (Mar.
- 03/14/2023
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California court upholds Uber drivers being contractors
- A California appeals court on Monday upheld a state law letting Uber, Lyft and other app-based, on-demand companies treat drivers as independent contractors rather than employees.
- 03/14/2023
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Uber and Doordash set for gains after US court allows them to deny employee rights
- Uber Technologies Inc (NYSE:UBER) shares are expected to head higher on Tuesday after a US court allowed them and other ride-sharing and deliver app companies like Lyft Inc (NASDAQ:LYFT), DoorDash Inc (NYSE:DASH) and Grubhub to treat their workers as independent contractors rather than employees. Despite many worker groups opposing the measure for denying them nearly all employee rights, including sick leave, a Californian district court of appeal ruled that the labour proposal known as Proposition 22 was largely constitutional.
- 03/14/2023
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Uber And Lyft Can Treat Drivers As Independent Contractors, California Court Rule
- The verdict allows companies like Uber and Lyft to bypass a 2019 California labor law, which would have forced them to offer benefits like health insurance and paid sick leave to their drivers.
- 03/14/2023
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Uber, Lyft, DoorDash win as appeals court upholds California's Prop. 22
- Uber Technologies Inc., Lyft Inc. and DoorDash Inc. on Monday scored a major victory in their battle to continue treating their drivers as independent contractors as an appeals court let most of an embattled California law stand.
- 03/13/2023
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Calif. court says Uber, Lyft can classify drivers as contractors
- CNBC's Deirdre Bosa reports on breaking news regarding the gig economy in California.
- 03/13/2023
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California court upholds Prop 22 in win for Uber, Lyft, DoorDash
- A California appeals court on Monday reversed a lower-court ruling that found Proposition 22, the ballot measure passed in November 2020 that classified Uber and Lyft drivers as independent contractors rather than employees, to be illegal.
- 03/13/2023
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Uber and Lyft shares rise after California court victory lets them classify drivers as contractors
- A California appeals court reversed a lower-court ruling that had found Proposition 22 unconstitutional.
- 03/13/2023
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California Court Mostly Upholds Prop. 22 in Win for Uber and Other Gig Companies
- The decision lessens the chances that gig drivers will be considered employees in the state, but it is expected to be appealed to the state Supreme Court.
- 03/13/2023
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Here's 2 Beaten Down Stocks to Help Your Portfolio Recovery
- Let's face it, 2022 was an ugly year for the stock market, with the NASDAQ 100 falling (32.58%) and the S&P 500 falling (18.17%). Individual stocks performed even worse.
- 03/13/2023
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‘If they can win here, they can win anywhere': The next battleground for Uber and Lyft is Massachusetts, where drivers are fighting for the right to unionize
- Estedys Novas says he drove for Uber Technologies Inc. for almost seven years — even while he was losing family members to COVID-19 — before he was banned from the app permanently in 2020 for reasons he doesn't understand.
- 03/10/2023
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‘It was traumatic': Uber, Lyft drivers decry low pay and unfair deactivations
- Drivers call for regulation of rideshare companies they say collect up to 50% of fares and arbitrarily close workers' accounts
- 03/10/2023
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Why Uber Stock Barreled Downhill Today
- A media report states that the ride-share giant is considering the divestment of a business unit. It might unload Uber Freight, potentially as an IPO.
- 03/09/2023
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Uber plans to sell freight business
- CNBC's Deidre Bosa joins 'The Exchange' to report on Uber's plan to sell its freight business.
- 03/09/2023
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Uber Freight's Possible IPO Faces Headwinds as Supply Chains Remain in Flux
- For Uber, what comes next for Freight is freighted with questions. To that end, as reported this week, Uber is mulling a few scenarios.
- 03/09/2023
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DOJ Lawsuit Shakes Up JetBlue-Spirit Airlines Deal - What's Next?
- The Department of Justice is suing to stop the proposed merger between JetBlue Airways (NASDAQ: JBLU) and Spirit Airlines (NYSE: SAVE) on antitrust grounds. A judge who is known for rapidly pushing cases to trial is already assigned to the case.
- 03/09/2023
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Report: Uber Weighs Sale of Its Logistics Arm
- Uber could reportedly spin off its logistics business to focus more on delivery and ride-hailing. This move could mean either the sale of Uber Freight or turning the business into a separate publicly-traded company, Bloomberg News reported Wednesday (Mar. 8), citing sources familiar with the matter.
- 03/09/2023
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New York regulators side with Uber drivers boosting pay
- New York City regulators have given taxi drivers a boost in pay to keep up with rising expenses after an Uber lawsuit blocked them from handing out a bigger raise late last year. The increase was hailed as a victory by a group representing many of the drivers.
- 03/09/2023
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Uber stock rises after Freight spinoff report
- Uber Technologies Inc. UBER, -0.38% shares rose in extended trading Wednesday, up about 3%, after a report that the company is considering spinning off its struggling freight business. The ride-hailing giant may sell or spin off Uber Freight as a separate publicly traded company, Bloomberg reported, citing unnamed sources.
- 03/08/2023
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Uber and Lyft drivers receive a delayed raise after three strikes and a lawsuit in New York
- After three driver strikes and a lawsuit, the New York City Taxi and Limousine Commission on Wednesday approved a raise in rates for tens of thousands of ride-hailing drivers that should begin next week.
- 03/08/2023
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Why Amazon and Uber Stocks Topped the Market on Tuesday
- The two companies were named to a prestigious list of recommended stocks. That list is maintained by a top investment bank.
- 03/07/2023
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Uber Offers Drivers a Chance to Earn Through ‘Shop and Pay'
- Uber Eats is giving its delivery drivers a chance to moonlight as personal shoppers. The ride-hailing/delivery giant has launched “Shop and Pay,” which gives delivery drivers the option to receive assignments to go into retailers – chiefly grocery stores – and shop for orders to be delivered to customers' doorsteps.
- 03/07/2023
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The Next FAANG: The SUV Driving Future Growth
- FAANG was coined based on companies who were/are present in everyday life. Now that 10 years has passed since FAANG was born, it's time to look at what the next group may look like.
- 03/07/2023
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Uber is making it easier to find your ride at the airport
- Uber on Tuesday unveiled some new product features that aim to make it easier for you to find your ride at the airport.
- 03/07/2023
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Uber Might Need to Stow Its Freight Train
- As most tech companies ramp down other risks, Uber has been quietly ramping up freight.
- 03/07/2023
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Uber Technologies, Inc. (UBER) Management Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Morgan Stanley Technology, Media & Telecom Conference March 6, 2022 1:25 AM ET Company Participants Dara Khosrowshahi - CEO Conference Call Participants Unidentified Analyst Okay. Good morning, everyone.
- 03/06/2023
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This Solar IPO, Nvidia, Uber And More Test-Drive Buy Zones
- Solar IPO stock Nextracker fights for its place in the sun as Nvidia, Uber, Crocs and the "Amazon of Latin America" look to keep rising. The post This Solar IPO, Nvidia, Uber And More Test-Drive Buy Zones appeared first on Investor's Business Daily.
- 03/06/2023
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Uber could be a value stock if it stopped spending on growth, says Lyrical's Andrew Wellington
- Andrew Wellington, the co-founder and CIO of Lyrical Asset Management, joins the 'Halftime Report' to discuss focusing on value investing, the Covid-19 induced growth bubble and the case for finding value in companies like Uber.
- 03/03/2023
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Why Uber Stock Motored Happily Higher Today
- A price target raise from an analyst and a new partnership in the delivery sphere put some zip into the company's ride.
- 03/02/2023
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Grade My Trade: UBER, XOM, PANW
- CNBC's 'Halftime Report' investment committee, Jenny Harrington, Jim Lebenthal and Steve Weiss, weigh in on Uber, Exxon Mobil and Palo Alto Networks.
- 03/02/2023
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Grade my trade: UBER, XOM & PANW
- CNBC's ‘Halftime Report' investment committee, Josh Brown, Steve Weiss, Jim Lebenthal and Jenny Harrington, weigh in on the Uber, Exxon and Palo Alto trades.
- 03/02/2023
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3 Stocks Activist Hedge Fund Managers Are Kicking to the Curb
- Hedge fund managers sell certain stocks for a variety of reasons. Those reasons can include changes in the company's financial performance, shifts in market conditions or investor sentiment, or changes in the fund's investment strategy.
- 03/01/2023
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Talking Tech: Uber, Dish and Apple
- Bloomberg's Caroline Hyde rounds up the latest news in tech: Uber sells a leveraged loan, Dish announces a data breach, and Apple suppliers are racing to exit China. -------- Like this video?
- 02/28/2023
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Uber and Lyft drivers are facing discrimination from customers — and getting banned from the apps, report finds
- Drivers for ridesharing companies like Uber Technologies Inc. and Lyft Inc. can be kicked off the apps after facing discrimination from riders, a new study has found.
- 02/28/2023
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5 Stocks That Hedge Funds Love Right Now
- The U.S. Securities and Exchange Commission (SEC) has received the latest round of 13F filings from Q4, providing retail investors with a complete picture of institutional equity holdings. Now, investment bank Goldman Sachs has published a report detailing the most — and least — popular stocks among hedge funds.
- 02/28/2023
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Ray Dalio's Firm Bulks Up Uber and Snowflake Positions
- Ray Dalio (Trades, Portfolio) is the founder of one of the world's largest hedge funds, Bridgewater Associates, an investment firm with $150 billion in assets under management. While Dalio is now in an advisory role, the firm's investment strategy still focuses on vast diversification and opportunities which have an “asymmetric risk-reward profile.
- 02/28/2023
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Uber-backed ride hailing app Careem is halting its operations in Qatar
- The surprise announcement, which went into effect immediately on Feb. 28, comes just months after Qatar hosted the 2022 World Cup.
- 02/28/2023
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Best Stock to Buy: Lyft vs. Uber vs. DoorDash
- The three companies are growing rapidly while generating losses on the bottom line.
- 02/28/2023
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These Are the Top 10 Holdings of Eric Bannasch
- Eric Bannasch is the founder, CEO, and Portfolio Manager of Cadian Capital Management.
- 02/27/2023
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The Top 3 Growth Stocks in the Food Delivery Industry
- After experiencing a record surge during the pandemic, the food delivery market is continuing its meteoric rise, facilitated by increasing urbanization and growing demand for convenient, contactless services. According to Grand View Research, the global online food delivery services market was valued at $50.7 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 18.7% from 2022 to 2030.
- 02/27/2023
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Uber Stock Offered Another Entry After Strength
- Since we avoid buying extended, pullbacks are a chance to buy strong stocks. The post Uber Stock Offered Another Entry After Strength appeared first on Investor's Business Daily.
- 02/24/2023
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Asymmetric Bets: The Holy Grail of Investing
- The concept of asymmetric reward to risk is an important one for investors to understand. Andrew Rocco defines and explains what it is and provides one potential
- 02/23/2023
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Uber: Delivering Value, Bringing You Everywhere And Everything
- Uber is the leading ride-sharing company with 131 million monthly users and 71% market share in the US, being active in different fields of road transportation. Uber is expected to maintain its growth momentum, which will lead to reaching profitability in the near term and solid cash flow generation in the long run.
- 02/23/2023
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Uber Redesigns App With New Homescreen and More
- Uber says it will release more updates in the coming months.
- 02/22/2023
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Uber is cutting some employees as part of a 'more rigorous approach' to performance reviews
- A representative for Uber told Insider that the company plans to backfill any impacted roles after performance reviews.
- 02/21/2023
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Uber to introduce 25,000 EVs in India amid clean car push
- Uber Technologies will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said on Monday, its first move to adopt clean cars.
- 02/20/2023
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Uber, Lyft, DoorDash trade group asks for delay of worker-classification rule after Marty Walsh resignation
- The resignation of Secretary of Labor Marty Walsh this week has prompted the lobbying group that represents Uber Technologies Inc., DoorDash Inc., Lyft Inc. and other gig companies to call for putting off finalizing a proposed Labor Department rule on worker classification.
- 02/17/2023
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Long in Uber's Shadow, Lyft's Financial Woes Thrust It Into the Spotlight
- Lyft recovered from pandemic restrictions slower than Uber, and critics said it lacked the kind of ambitious investments that could distinguish itself from its rival.
- 02/15/2023
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Uber Defies Expectations: Expect More Of A Profit Improvement Going Forward
- Uber reported profits and revenue that beat consensus expectations, thus driving expectations on profit margin improvement. Uber is heavily undervalued in light of forward growth, and improving adjusted EBITDA margins, which we believe can improve to a low-teen range by FY '25.
- 02/15/2023
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Lyft vs. Uber: Which Stock is the Better Buy After Earnings?
- Although Uber and especially Lyft stock have given back their gains since going public, they are still intriguing growth investments.
- 02/14/2023
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Uber Is Getting Better as it Gets Bigger. Lyft Isn't.
- The smaller ride-hailing outfit isn't showing any signs it will swing to an operating profit anytime soon.
- 02/14/2023
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Where Will Uber Technologies Stock Be in 1 Year?
- The ride-hailing and delivery giant has a bright future.
- 02/14/2023
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Morgan Stanley Increases Position in Uber
- Fintel reports that Morgan Stanley has filed a 13G/A form with the SEC disclosing ownership of 147.33MM shares of Uber Technologies Inc (UBER).
- 02/13/2023
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Why The Pandemic Was the Best Thing to Ever Happen to Uber
- After getting more efficient in the COVID downturn, Uber is leaner and meaner today under impressive new leadership.
- 02/13/2023
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Uber May Achieve Profitability, Despite the Clickbait Headlines
- Upon first glance, the headline of rideshare giant Uber Technologies Inc. (NASDAQ: UBER) earning a GAAP profit of $0.29 per share sends the mind racing. Investors euphorically rejoiced that Uber had finally hit actual profitability on a GAAP basis, as shares spiked 5% on the news.
- 02/13/2023
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7 Stocks to Avoid Now That Everyone Loves Them
- Over the last few weeks, scores of stocks have come back stronger than ever. Unfortunately, many of those are now leading the list of stocks to avoid.
- 02/12/2023
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The Latest From Chipotle, Adyen, and Uber
- Plus Jean Poggi, assistant managing editor at Ad Age, joins the podcast to talk about multimillion-dollar Super Bowl ads.
- 02/11/2023
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Uber, Lyft earnings highlight a tale of two rideshares
- Yahoo Finance's Allie Garfinkle and Pras Subramanian join the Live show to discuss quarterly earnings for Uber and Lyft.
- 02/10/2023
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G Squared's Victoria Greene offers 3 buys and a bail: UBER, PEP, BUD & DEO
- Victoria Greene, G Squared Private Wealth CIO, joins ‘The Exchange' to discuss her three investment picks and a bail.
- 02/10/2023
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Uber: 3 Roaring Growth Engines And Undervalued
- Uber is the dominant market leader in ridesharing and has accelerated two further "growth engines", its Delivery and Freight businesses. The company reported strong financial results for the fourth quarter of 2022 as it beat both revenue and earnings growth estimates.
- 02/10/2023
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Lyft is heading for its worst trading day ever after grim earnings report shows the company falling behind Uber
- The ride-hailing company slumped 37% after posting weaker-than-expected revenue guidance for the first quarter of 2023.
- 02/10/2023
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Lyft Losing War With Uber? Stock Heading Toward Worst Day Ever
- Lyft's $4 billion market cap Friday is six times less than what it was at its 2019 IPO.
- 02/10/2023
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Lyft falls as forecast exacerbates worries of falling behind Uber
- Shares of Lyft fell more than 30% before the bell on Friday after forecasting first-quarter profit below estimates, amplifying worries that it was falling behind Uber as the ride-hailing firms look to rebound from pandemic lows.
- 02/10/2023
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Lyft Stock Tumbles Further. Uber Price War Ramps Up.
- The ride-hailing company received analyst downgrades after forecasting weak revenue as it seeks to compete with its main rival's pricing.
- 02/10/2023
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Why Uber Stock Was Thrown Into Reverse Today
- The euphoria over the company's latest set of quarterly earnings didn't last long.
- 02/09/2023
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Lyft's earnings prove it's Uber's little brother, says Wedbush's Dan Ives
- Dan Ives, Wedbush Securities, joins 'Closing Bell: Overtime' to discuss Lyft's earnings report and how the company compares to Uber.
- 02/09/2023
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3 Big Surprises in Earnings Season So Far
- Imagine that once every few months, you're required to release information detailing where you've spent money, made money, or even how much you've saved. Sounds a bit intimidating, right?
- 02/09/2023
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Uber Technologies (UBER) Q4 Earnings & Revenues Beat Estimates
- Uber Technologies (UBER) fourth-quarter 2022 revenues increase year over year.
- 02/09/2023
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Lyft earnings: Why there are still signs of optimism amid competition with Uber
- Yahoo Finance's Allie Garfinkle joins the Live anchors to discuss the expectations for Lyft earnings, its resurgence in the ride-sharing market, the driver shortage, and the outlook for Lyft.
- 02/09/2023
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Uber gets repeat ‘Outperform' rating and higher price target from Wedbush analysts after 4Q results
- Uber Technologies Inc (NYSE:UBER) has earned a repeat ‘Outperform' rating and a price target raise to US$40 from $US38 from Wedbush analysts after the ride share giant reported strong fourth quarter 2022 earnings on Wednesday. Uber's shares were flat in pre-market trading on Thursday at about US$36.82.
- 02/09/2023
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Uber gets repeat ‘Outperform' rating and higher price target from Wedbush analysts after 4Q reults
- Uber Technologies Inc (NYSE:UBER) has earned a repeat ‘Outperform' rating and a price target raise to US$40 from $US38 from Wedbush analysts after the ride share giant reported strong fourth quarter 2022 earnings on Wednesday. Uber's shares were flat in pre-market trading on Thursday at about US$36.82.
- 02/09/2023
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Lyft continues to maneuver through driver shortage as rival Uber boasts revenue growth
- Yahoo Finance tech reporter Allie Garfinkle joins Yahoo Finance Live to talk about the competition between Uber and Lyft.
- 02/08/2023
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Why Uber Stock Was Climbing Today
- Shares of the ride-hailing specialist jumped after it beat estimates on the top and bottom lines.
- 02/08/2023
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Uber Eats Prioritizes Unit Economics as DoorDash Focuses on Reach
- In the race between aggregators, Uber Eats is prioritizing profitability while DoorDash is eyeing geographic growth. The delivery service may not be able to compete with United States category leader DoorDash's geographic reach, but what it does have is the entire cross-vertical Uber user base at its disposal.
- 02/08/2023
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Uber earnings: Q4 ‘pretty good set of results' amid ‘tricky operating environment,' analyst says
- Bernstein Research Analyst Nikhil Devnani joins Yahoo Finance Live anchors to discuss quarterly earnings for Uber, consumer demand, consumer trends, investor sentiment, and the outlook for Uber in 2023.
- 02/08/2023
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Wedbush's Dan Ives is bullish on Uber, expects good earnings from Lyft
- Dan Ives, Wedbush Securities, joins 'Closing Bell' to discuss upgrading Uber to outperform as well as how he feels about Lyft.
- 02/08/2023
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5 Investors Betting Big on UBER Stock Right Now
- Uber (NYSE: UBER ) stock finished the day higher by 5.5% after the ride-hailing company reported its fourth-quarter earnings. Earnings per share (EPS) tallied in at 29 cents, beating analysts estimate of 19 cents, while revenue was $8.6 billion, up 49% year-over-year (YOY) and also beating the estimate of $8.49 billion.
- 02/08/2023
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Three-Stock Lunch: CMG, UBER & FTNT
- Scott Nations, founder of Nations Indexes, joins 'Power Lunch' to discuss three stocks experiencing price fluctuations following earnings, with a focus on Chipotle, Uber and Fortinet.
- 02/08/2023
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Final Trades: Uber, Citi & Wabtec
- The "Halftime Report" traders give their top picks to watch for the second half.
- 02/08/2023
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Uber's Khosrowshahi on Growth, Hiring, Commuting Trends
- Uber CEO Dara Khosrowshahi says he expects "really robust" growth in 2023 as consumer spending continues to be strong. Speaking with Emily Chang and Guy Johnson on "Bloomberg Markets: European Close," Khosrowshahi also discusses the company's hiring plans and commuting trends.
- 02/08/2023
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Uber reports surge in Q4 revenues, offers bullish outlook
- Uber revenues surged in the fourth quarter on resurgent consumer activity as the ride-hailing company on Wednesday said it would be largely insulated from an economic downturn.
- 02/08/2023
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Uber's earnings prove it's not a 'pandemic stock,' says Ritholtz's Josh Brown
- Josh Brown, Ritholtz Wealth Management CEO, joins the 'Halftime Report' to discuss Uber stock after the company reported strong fourth quarter results.
- 02/08/2023
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Uber Sees Q4 Bookings Boost as Members Move Beyond Ride-Hailing
- “The pandemic's impact on our mobility business is now well and truly behind us.” Uber CEO Dana Khosrowshahi struck a positive tone on the most recent earnings call Wednesday (Feb.
- 02/08/2023
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Uber cost discipline pays off as demand improves in tough economy
- Uber Technologies Inc.'s cost discipline, combined with improved demand despite the weak economy, and the ride-hailing app company is actually talking about GAAP profits later this year.
- 02/08/2023
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Top Stocks To Buy Now? 2 Tech Stocks For Your List
- Are these top tech stocks on your radar right now?
- 02/08/2023
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Uber Technologies, Inc. (UBER) Q4 2022 Earnings Call Transcript
- Uber Technologies, Inc. (NYSE:UBER ) Q4 2022 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Balaji Krishnamurthy - Head-IR Dara Khosrowshahi - CEO Nelson Chai - CFO Conference Call Participants Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Ross Sandler - Barclays Mark Mahaney - Evercore ISI Justin Post - Bank of America Merrill Lynch Doug Anmuth - JPMorgan Deepak Mathivanan - Wolfe Research Lloyd Walmsley - UBS Ron Josey - Citi John Colantuoni - Jefferies Nikhil Devnani - Bernstein Ladies and gentlemen, thank you for standing by. My name is Angela, and I will be your conference operator today.
- 02/08/2023
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Uber Stock Revs Up After Impressive Quarterly Win
- Uber Technologies Inc (NYSE:UBER) reported fourth-quarter earnings of 29 cents per share on revenue of $8.6 billion Wednesday, both of which beat analysts' estimates.
- 02/08/2023
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Jim Cramer breaks down Uber and Chipotle Q4 earnings
- CNBC's Carl Quintanilla and Jim Cramer discuss Uber and Chipotle's quarterly earnings results.
- 02/08/2023
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Uber rallies on upbeat forecast and surprise profit
- Uber Technologies shares climbed in early trading in New York as the ride-hailing giant reported higher revenues and posted a surprise profit in its most recent quarter. Underlying earnings for the final quarter of 2022 were US$665mln, up from US$86mln a year earlier, and compared to the consensus forecast for a loss.
- 02/08/2023
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Uber Technologies (UBER) Tops Q4 Earnings and Revenue Estimates
- Uber (UBER) delivered earnings and revenue surprises of 238.10% and 1.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/08/2023
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Uber Fourth-Quarter Earnings Beat Estimates As Revenue Soars
- Uber stock jumped in early trading as the ride-hailing giant reported fourth-quarter results that beat estimates on the top and bottom lines. The post Uber Fourth-Quarter Earnings Beat Estimates As Revenue Soars appeared first on Investor's Business Daily.
- 02/08/2023
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Uber Tests 12-Month High After Reporting ‘Strongest Quarter Ever'
- Uber's “monster EBITDA beat” was the “star of the show” as the company weathered a subpar macroeconomic climate.
- 02/08/2023
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Uber Stock Climbs as Quarterly Sales Jump 49%
- Uber posts fourth-quarter sales of $8.61 billion. Gross bookings in the period gain 19%.
- 02/08/2023
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Uber stock rises after earnings as company gives upbeat outlook
- Shares of Uber Technologies Inc. were heading 8% higher in premarket trading Wednesday after the ride-hailing company delivered an upbeat outlook for the current quarter. The company generated fourth-quarter net income of $595 million, or 29 cents a share, whereas it posted net income of $892 million, or 44 cents a share, in the year-earlier quarter.
- 02/08/2023
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Uber's beats estimates and the stock is up
- Uber reported fourth-quarter earnings Wednesday that beat analysts' estimates on top and bottom lines.
- 02/08/2023
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3 Stocks to Consider Buying Before Earnings
- These three stocks offer diversification in investment portfolios across multiple sectors and appear to have more upside left despite their strong performances to start 2023.
- 02/07/2023
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BBBY, UBER, GOOGL Predictions: 3 Hot Stocks for Tomorrow
- The stock market is looking the best it has in weeks, and yet many investors are still nervous. That anxiety is justified, as we still have to technically finish the bear market we're in.
- 02/07/2023
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Uber to steal a march on Lyft in resurgent rideshare market
- Uber Technologies Inc's revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm's presence in major markets around the world gives it the heft to deal with inflationary pressures.
- 02/07/2023
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Evercore ISI issues bullish note on Uber stock
- Yahoo Finance Live's Brian Sozzi breaks down an Evercore ISI analyst's bullish note on Uber stock.
- 02/07/2023
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Looking for Turnaround Plays? 5 EPS Reports to Watch this Week
- Though most of big tech has reported earnings, this week still showcases some key reports. Andrew Rocco breaks down 5 key stocks to watch.
- 02/07/2023
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UBER Stock: 2.45% Increase Explanation
- The stock price of Uber Technologies Inc (NYSE: UBER) increased by 2.45% in the most recent trading session. This is why.
- 02/07/2023
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Why Uber's Stock Price Accelerated on Monday
- The company is benefiting from strong demand and higher prices, according to one pundit.
- 02/06/2023
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Lyft app downloads anticipated to miss estimates as competition with Uber heats up
- Yahoo Finance anchors Dave Briggs and Jared Blikre discuss Lyft stock downgraded to Hold as the ridesharing company is projected to miss analyst estimates for app downloads amid increased competition with Uber.
- 02/06/2023
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Final Trades: Starbucks, Uber & Onsemi
- The "Halftime Report" traders give their top picks to watch for the second half.
- 02/06/2023
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Rebound in travel to drive 'solid' results for ride-share giants Uber and Lyft, analysts say
- Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) should post “solid” quarterly results this week as the travel market rebounds post-COVID, according to analysts at Canaccord Genuity (TSX:CF, LSE:CF). Uber shares rose 1.3% trading at US$33.51 on Monday morning ahead of the company's 4Q results which are due to be released before the market opens on Wednesday, February 8.
- 02/06/2023
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Uber Technologies Attracts Bullish Bets Ahead Of Earnings
- Shares of Uber Technologies Inc. UBER rose during the trading day and in the after-hours session, as the ride-share giant prepares to report its fourth-quarter earnings after markets close Wednesday, Feb. 8.
- 02/06/2023
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Uber, Disney Set to Report During Lackluster Earnings Season
- The results will shed light on the evolving state of the economy as companies face a streak of layoffs, consumers slow their spending, and the Fed works to quell inflation.
- 02/04/2023
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Uber Stock Accelerates Into Q4 Results; Chip Leaders Onsemi, Rambus, Axcelis, Impinj Also Set To Report
- Buyers have pushed Uber stock higher ahead of its Q4 earnings report as the stock market uptrend gains more steam. The post Uber Stock Accelerates Into Q4 Results; Chip Leaders Onsemi, Rambus, Axcelis, Impinj Also Set To Report appeared first on Investor's Business Daily.
- 02/03/2023
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Final Trades: Uber, Palo Alto, Albemarle & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 02/02/2023
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3 Tech Stocks To Watch In February 2023
- Is now a good time to add these top tech stocks to your February 2023 watchlist?
- 02/02/2023
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Key Factors to Know Ahead of UBER's Q4 Earnings Release
- Upbeat online order volumes are likely to have aided UBER's fourth-quarter 2022 performance.
- 02/01/2023
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Gig economy stocks adapting from growth to profit, says MoffetNathanson's Michael Morton
- Michael Morton, analyst at SVB MoffetNathanson, joins 'Power Lunch' to discuss gig economy stocks focusing on profit, outperform rating for Doordash, and consumer willingness to spend on food delivery.
- 01/30/2023
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Uber Eats is sharing what your delivery driver knows about you as videos of angry drivers confronting customers go viral
- What does your delivery driver know about you? Uber Eats drivers cannot see how users rate them and do not have access to credit card data, the company said.
- 01/30/2023
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The 7 Most Promising Travel Stocks to Buy Before the Boom
- Almost three years ago today, the mysterious SARS-CoV-2 virus began spreading across the globe, utterly guaranteeing the destruction of travel stocks to buy. Indeed, airports became veritable ghost towns as few people wanted to be stuck in a flying tube with strangers.
- 01/30/2023
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Uber and DoorDash could beat the market in 2023 as food delivery sector improves, Oppenheimer analysts say
- Companies in the food delivery sector like Uber Technologies Inc (NYSE:UBER) and DoorDash Inc (NYSE:DASH) are positioned to outperform that market in 2023, according to analysts at Oppenheimer. The firm has a $45 price target on Uber and a $70 target on DoorDash.
- 01/27/2023
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Uber and Lyft Must Convert Fleets to EVs in New York City by 2030
- The mayor of the US' largest city outlines new rules for rideshares.
- 01/26/2023
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The 7 Best Travel Stocks to Buy for January
- It's totally plausible for economists, investors, stock pundits, and others to have very different views about the economy and the stock market's outlook. But when it comes to the travel sector, I think it's crystal clear that the space is continuing to boom.
- 01/25/2023
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Uber Freight laying off 150, about 3% of workforce
- Uber Freight said Tuesday it will lay off roughly 150 employees, or about 3% of its workforce, as economic uncertainty hammers demand for shipping services.
- 01/24/2023
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Uber Freight cuts 150 jobs, about 3% of the unit's headcount
- Uber Freight laid off 150 employees on Monday, the first such cuts to hit any part of Uber since the onset of Covid in 2020.
- 01/24/2023
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10 Stocks with Unusual Options Activity: UBER, BA, DAL and 7 Others
- Many investors brush off or ignore options trading because options are complex and misunderstood.
- 01/23/2023
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Uber Freight cutting about 150 jobs, all in brokerage operations
- Uber Freight is laying off 3% of its workforce, and all of the job losses are coming in its digital brokerage activities. In a memo to staff, obtained by FreightWaves and confirmed by a spokesman for Uber Freight, CEO Lior Ron said the cutbacks would impact about 150 employees.
- 01/23/2023
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Own The Toll Booths - Part 2
- Previously, I wrote an article on "toll booth" investments and identified a few examples of companies that operate as such. In this second installment, I will highlight a few more companies that fit this description and look at their historical performance.
- 01/23/2023
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Uber's lobbying activities in France face inquiry after Guardian investigation
- Uber Files project revealed that company identified Emmanuel Macron as key ally
- 01/20/2023
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Uber collaborates with automakers to design custom electric ride-share vehicles
- Yahoo Finance anchors Dave Briggs, Seana Smith and Josh Schager report on Uber planning on working with automakers to develop custom rideshare and delivery vehicles.
- 01/19/2023
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How Uber Keeps Running in Ukraine
- Uber CEO Dara Khosrowshahi spoke to Bloomberg's Lisa Abramowicz about how Uber keeps operating in Ukraine despite the war. He speaks to her at the World Economic Forum in Davos, Switzerland.
- 01/19/2023
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Dara Khosrowshahi: Uber Is Designing Custom Ride-Sharing EVs with Auto Makers | WSJ
- Uber CEO Dara Khosrowshahi spoke at WSJ's Journal House in Davos, Switzerland, about the future customization of cars for ride-sharing and delivery. Photo: Richard King for the Wall Street Journal #Uber #EV #WSJ
- 01/19/2023
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In race to electrify, Uber wants EVs that sacrifice top speeds, wheels
- The clock is ticking for Uber to electrify its fleet, and the rideshare company wants automakers to help by designing cheaper electric vehicles for its drivers.
- 01/19/2023
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Uber not planning layoffs: CEO
- Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector.
- 01/19/2023
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Uber working with auto makers to design EVs customized for ride-sharing and delivery
- DAVOS, Switzerland—Uber Technologies Inc. is working with auto makers to design lower-cost electric vehicles tailored for its ride-hailing and delivery businesses, part of its effort to electrify its fleet.
- 01/19/2023
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Davos 2023-Uber not planning any company-wide layoffs -CEO
- Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.
- 01/19/2023
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Uber Announces Date of Fourth Quarter 2022 Results Conference Call
- SAN FRANCISCO--( BUSINESS WIRE )--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its fourth quarter 2022 financial results on Wednesday, February 8th at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time).
- 01/18/2023
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Uber resumes services in Tanzania
- Ride-hailing giant Uber has resumed its services in Tanzania, it said on Wednesday, settling a fare dispute with the government.
- 01/18/2023
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Uber CEO: Starlink is an information lifeline for the Ukrainian people
- Dara Khosrowshahi, Uber CEO, joins 'Squawk Box' to discuss the CEO's recent trip to Ukraine, the war support efforts he saw, the cost of Uber's operations in Ukraine, and more.
- 01/18/2023
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If I Had $1,000 to Invest Between Alphabet (Google), Uber, and Meta Platforms Stocks, Here's How I'd Do It
- Many popular technology stocks are trading at steep discounts to their all-time highs, and that spells opportunity.
- 01/18/2023
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Uber drivers in Europe can now rent Tesla, Polestar EVs from Hertz
- Yahoo Finance Live anchors Brad Smith and Ines Ferre discuss reports that Uber drivers in Europe can now rent Tesla and Polestar cars from Hertz.
- 01/17/2023
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The 7 Best Gig Economy Stocks to Buy for 2023
- Not too long ago, Disney (NYSE: DIS ) dropped a bombshell, which effectively boosted the narrative of the best gig economy stocks to buy. According to a CNBC report, Disney's reappointed CEO Bob Iger requested that in March, hybrid employees will be expected to come into the office for four days of the week.
- 01/16/2023
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Former Uber SVP shares his outlook on the Uber stock
- Uber Technologies Inc (NYSE: UBER) has pretty much been in a downtrend since February 2021 but Emil Michael – the former Senior Vice President of the mobility giant hasn't lost all hope in this stock.
- 01/16/2023
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Visa and Uber Eats Team to Offer Restaurants Green Packaging
- Visa has teamed with Uber Eats to help restaurants offer sustainable packaging. The partnership will give qualifying Uber Eats restaurants in New York, Los Angeles, Paris, London, and Madrid access to a $1 million fund for green packaging, the companies said in a Monday (Jan. 16) news release.
- 01/16/2023
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Why Is Uber Über Alles? Public Platform Infrastructure for the ‘Gig Economy'
- Many platform providers for the gig economy extract high rents for infrastructural services that the public could provide free of charge. Having just failed to get Uber to pay more to its drivers, New York should offer a 'public option' showing how to make our economy fairer and more productive.
- 01/15/2023
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We want to look for companies that are somewhat recession resistant, says Evercore's Mahaney
- Evercore ISI's Mark Mahaney and CNBC's Ari Levy join 'The Exchange' to discuss tech earnings after mega-cap tech struggled in the last year. Will things be better in 2023?
- 01/12/2023
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Final Trades: PayPal, Delta, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 01/12/2023
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Uber stock rises following bullish note from BTIG analyst
- Yahoo Finance Live's Brian Sozzi's discusses a BTIG analyst's bullish call on Uber.
- 01/12/2023
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Down 41% in 2022, Is Uber Stock a Buy in 2023?
- The ride-sharing and food delivery company has excellent growth prospects in the current year.
- 01/12/2023
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Pay raises for Uber and Lyft drivers ‘held up by a technicality,' NYC judge says
- A judge who blocked what he called a deserved pay raise for ride-hailing drivers in New York City is asking the commission that mandated raises to show its math work.
- 01/10/2023
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Tesla, Uber, Amazon, Starbucks: The 2023 Just 100 list biggest gainers, losers and surprises
- On the 2023 Just 100 list, Tesla makes progress, Uber's gig takes a big drop, and union issues can't stop Starbucks, Amazon from getting high worker marks.
- 01/10/2023
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UBER Stock Benefits From a Favorable Court Ruling
- The court ruling saves UBER from incurring additional monthly cost between $21-$23 million.
- 01/10/2023
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Monday Top Tech Calls
- Bloomberg's Ed Ludlow rounds up the top tech calls of the day: Uber is a buy, Oracle get an overweight rating, and Tesla's price target gets cut in half.
- 01/09/2023
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Uber, Lyft stocks boosted as Wall Street continues to like gig companies' recession chances
- Uber Technologies Inc. and Lyft Inc. shares jumped in Monday trading as Wall Street analysts continued to suggest that gig companies — largely created during and after the last large U.S. recession — could flourish in any coming economic pullback.
- 01/09/2023
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/09/2023
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Uber: Poised For Continued Growth
- Uber Technologies, Inc. has been not been a great investment, with the share price down 40% since the IPO in 2019. While the share price decreased, Uber has more than doubled revenue over the same period.
- 01/09/2023
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Analyst: High Car Prices Bode Well for Uber Stock
- To kick off the week, Piper Sandler upgraded Uber Technologies Inc (NYSE:UBER) to "overweight" from "neutral" and hiked its price target to $33 from $31.
- 01/09/2023
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Evaluation for Uber is more reasonable than previous years, says Needham's Bernie McTernan.
- Bernie McTernan of Needham breaks down his company's buy rating on Uber.
- 01/06/2023
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Uber, Lyft and DoorDash drivers fear losing out if a recession fuels influx of new gig workers
- If a possible recession and higher unemployment this year lead to an influx of new gig workers, as some analysts are predicting, existing ride-hailing drivers and delivery workers worry that will mean less work for them.
- 01/05/2023
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Uber drivers strike in New York after company blocks raises and fare hikes
- City agency approved raises for drivers by 7.42% per minute and 23.93% per mile but company filed lawsuit
- 01/05/2023
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7 Must-Buy Growth Stocks for Your January Buy List
- Although 2022 undeniably imposed a rough outing for most investors, the optimistic types can use the red ink to their advantage with growth stocks to buy for the new year. True, global recession fears dominate headlines (among other wild developments).
- 01/05/2023
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Fed Official Compares Inflation to Uber Surge Pricing
- Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
- 01/04/2023
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Uber, DoorDash and Lyft could see hundreds of thousands of new gig workers this year, analysts say
- Echoing what gig-company executives have been saying lately, Bank of America Securities analysts wrote in a note Tuesday that the companies could see an upside from a recession and higher unemployment this year: hundreds of thousands more gig workers.
- 01/03/2023
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Uber Travel Arrives in MENA With Egypt Launch
- Uber has launched the Uber Travel feature suite in Egypt. Specifically, “Smart Itineraries” has been launched in the country, allowing users to sync their travel plans with the Uber app and reserve a ride in advance based on hotel and flight bookings.
- 01/03/2023
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9 tech predictions for 2023 from seed investor in Uber, Pinterest, and other top companies
- Scott Belsky, Adobe's chief product officer, predicts that we will soon be able to see an AI created "supercut of our lives" among other advancements.
- 01/03/2023
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Uber: 12.5x 2024e FCF With Significant Growth Ahead
- I believe that Uber can generate $2/share in free cash flow per share in 2024 and ~$3.50 per share in 2026. While COVID was disruptive to ride-sharing, it killed off many of Uber's competitors and massively accelerated the growth of Uber Eats.
- 01/02/2023
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Grubhub co-founder: ‘When you care about delivering a better product,' don't rely solely on the gig-work model
- Mike Evans co-founded Grubhub Inc., one of the top food-delivery platforms in the nation after DoorDash Inc. DASH, -1.53% and Uber Technologies Inc.'s UBER, -0.72% Uber Eats.
- 12/30/2022
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After a Terrific Quarter, Does Uber Deserve a Spot in Your Portfolio?
- Wall Street is bullish on Uber heading into 2023.
- 12/30/2022
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FS Investments' Troy Gayeski likes Ferrari because the 'uber rich' don't care about recessions
- Troy Gayeski, FS Investments chief market strategist, joins 'Closing Bell: Overtime' to discuss protecting your portfolio in this bear market.
- 12/28/2022
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Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/28/2022
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Uber and Amazon blasted for poor working conditions for gig workers in India
- Research firm Fairwork blasted Ola, Uber, Dunzo, PharmEasy and Amazon Flex in a report Tuesday, saying the firms scored zero in its assessment of whether they created fair conditions for their gig workers.
- 12/27/2022
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Uber: Compelling Value In Tech As 2024 Targets Remain Intact
- Uber stock is trading 40% lower than its IPO price. The company has made great strides in growth and profitability.
- 12/25/2022
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Uber Technologies (UBER) Flat As Market Gains: What You Should Know
- Uber Technologies (UBER) closed the most recent trading day at $24.64, making no change from the previous trading session.
- 12/23/2022
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Uber: You Won't Regret Holding For The Long Term
- In spite of a stock price that has sunk 40% this year, Uber's fundamentals have held up incredibly well. Ridership is now back to pre-COVID levels, and overall company bookings are growing at a ~30% y/y clip.
- 12/23/2022
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Uber plans a kids service to replace mom and dad's taxi. What's wrong with that?
- Ride-share company Uber has just rolled out an option to book vehicles equipped with a children's car seat across Melbourne. Uber is also considering allowing unaccompanied children to use its service.
- 12/22/2022
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Why Uber Stock Was Down Today
- Macroeconomic data and the fallout from a driver strike weighed on the stock.
- 12/22/2022
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Are Lyft and Beyond Meat Viable Investments for 2023 and Beyond?
- Despite the setbacks, this year's massive drop in Lyft and Beyond Meat stock may be intriguing to many investors.
- 12/21/2022
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Uber Leverages Its Platform to Out-do Grocery Delivery Competitors
- As Uber courts grocery delivery partners, its multi-vertical model is proving to be a competitive weapon. On Friday (Dec. 16), Uber Eats announced its latest such partnership, delivering from 250 of Midwestern retailer Meijer's roughly 500 stores.
- 12/20/2022
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NYC Uber drivers striking in response to judge temporarily blocking pay rate increases
- Uber drivers in the Big Apple launched a 24-hour strike Monday in response to certain pay rate increases temporarily being halted amid a legal dispute.
- 12/19/2022
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NYC Uber drivers strike for pay raise
- Uber drivers in New York City are taking to the streets to protest the wages offered by the ride-sharing company.
- 12/19/2022
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Final Trades: Uber, Boeing, Cintas & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 12/19/2022
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Tech stock expectations are coming down but not fast enough, says MKM Partners' Rohit Kulkarni
- MKM Partners' Rohit Kulkarni and Loup Ventures' Gene Munster join 'Closing Bell' to discuss the general tech outlook, key players in the technology space and near- and long-term forecasts for tech.
- 12/16/2022
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Look over there: A robot delivers food to an Uber Eats' customer in Miami
- A small, self-driven vehicle heads across a sidewalk to a person and stops. Then the individual reaches down, opens the hatch and gets out the food he or she ordered.
- 12/16/2022
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Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 12/16/2022
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Goldman Sachs Out With 10 Top Tech and Internet Stock Picks for 2023
- More than once, the technology and internet world has crashed and burned, and often for far different reasons.
- 12/16/2022
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Uber Eats and Cartken Offer Robot Food Delivery in Miami
- Uber Eats and Cartken have partnered to enable food delivery by robots in Miami. The instant delivery firm and the robotics company began operating this service with select merchants Thursday (Dec. 15) and plan to expand it to additional cities in 2023, Uber said in a Thursday press release.
- 12/15/2022
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Uber Eats Will Roll Out Sidewalk Robots For Food Deliveries
- You could be picking up your Uber Eats order from a robot soon.
- 12/15/2022
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Uber's product set is leading to a rising utility level, says Goldman Sachs' Eric Sheridan
- Goldman Sachs' Eric Sheridan joins 'TechCheck' to discuss finding value in enterprise computing companies, the reasons behind the company naming Uber as its top 2023 pick and subscription services at the consumer level.
- 12/14/2022
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Uber and Lyft's compensation fight with California takes on bigger question of voters' sway
- What happens next in the saga of Proposition 22, the California voter-approved law that would allow gig companies to continue treating drivers as independent contractors instead of employees, is in the hands of an appeals court, and the results could have larger implications than just what's in store for these plaintiffs.
- 12/13/2022
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Uber breach shows third-party vendors are the weakest link
- The Uber breach shows that third-party vendors are an easy target for cybercriminals to exploit to gain access to high-value data.
- 12/13/2022
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Uber's food delivery platform agrees to pay severance to couriers let go ahead of Spain's Riders Law
- Uber's delivery business in Spain has settled with local labor unions which were challenging its dismissal of more than 4,000 riders in August last year ahead of a labor law reform coming into force — acknowledging the dismissed couriers as staff and agreeing to pay severance equivalent to 45 days' salary per year worked (via Reuters).
- 12/13/2022
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Uber's Spanish food delivery platform agrees in court to pay severance to 4,400 riders
- Uber's Spanish food delivery platform has agreed in court to pay severance to 4,400 riders it had fired, local union UGT said on Tuesday.
- 12/13/2022
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Uber sues NYC Taxi & Limo Commission to block rate increase for drivers
- Uber is suing the New York City Taxi & Limousine Commission (TLC), which last month approved a fare hike for ride-hail apps and taxi drivers amid a post-pandemic driver shortage, rising operational costs and higher inflation.
- 12/11/2022
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Uber files legal petition against New York City Taxi and Limousine Commission
- Ride-share company Uber filed a legal petition Friday against the New York City Taxi and Limousine Commission about upcoming driver pay rate increases.
- 12/09/2022
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Uber sues NYC Taxi & Limo Commission to block driver wage hike
- Uber argues the new hike would mean shelling out an additional $21 million to $23 million a month amid the holiday season -- or raising rider fares 10%.
- 12/09/2022
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Uber Reportedly Sues New York City Taxi Commission To Block Fare Increase
- Uber filed a lawsuit against the New York City Taxi & Limousine Commission on Friday in an effort to block a round of rate increases, Bloomberg first reported, as the ride share giant's battle against taxis continues.
- 12/09/2022
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Your Robo-Taxi Has Arrived
- Not long ago, driverless vehicles were the stuff of science fiction. Today, the rollout of autonomous vehicles is rapidly gathering pace across the globe.
- 12/09/2022
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Uber Reportedly Sues New York City Taxi Commission To Block Fare Increase
- New York City's plan would raise the cost of a 30-minute Uber trip to $27.15.
- 12/09/2022
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Uber Eats report reveals wild delivery cravings for 2022 – from Choco Taco to celery juice. Here are the wackiest trends and requests.
- Ranch dressing was out, but Choco Tacos were in. The annual cravings report highlights 2022's popular and unusual food and grocery delivery requests.
- 12/08/2022
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Picking Through The Tech Wreck: 3 Bargains
- Technology shares have been hammered in 2022 and this may be exacerbated in the next few weeks by tax loss selling. Today I highlight 3 bargains I've recently been buying thanks to the tech wreck.
- 12/07/2022
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Why Booking Holdings, Southwest Airlines, and Uber Fell Today
- Anxiety about the end of the travel boom is hurting these three mobility stocks today.
- 12/07/2022
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Uber ($UBER) and Motional Launch First Robotaxi Service using Autonomous Vehicles
- Uber Technologies (NYSE: UBER) and Motional have announced the launch of their public robo taxi service in Las Vegas, NV. For the first time ever, Uber customers are able to hail an autonomous ride using Motional's all-electric robotaxis.
- 12/07/2022
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The uber-wealthy are paying for an easier Ironman experience, from on-call mechanics to $30,000 bikes and stocked minifridges
- Wealthy business executives participate in the Ironman XC challenge to push their minds and bodies — and it's not cheap
- 12/07/2022
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Uber offers robotaxi rides in Las Vegas
- Uber users in Las Vegas can now ride in fully autonomous vehicles, as the ride-hailing app on Wednesday began its partnership with Motional, a driverless technology company.
- 12/07/2022
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Dutch panel concludes Uber International's lobbying didn't influence taxes
- Experts for the Dutch government have found that an Uber lobbying campaign between 2013 and 2015 did not lead to special tax treatment for the U.S. company in the Netherlands, where it has its international headquarters.
- 12/07/2022
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Uber, Motional launch robotaxi service in Las Vegas
- U.S. ride-hailing firm Uber Technologies Inc and driverless tech-maker Motional have launched their public robotaxi service in Las Vegas on Wednesday.
- 12/07/2022
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Australia fines Uber $14m for misleading advertisements about fares and cancellation fees
- An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimates on some rides, lower than a regulator wanted but a setback for the company.
- 12/06/2022
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Uber reaches multimillion-dollar settlement with city of Chicago
- Having previously taken aim at DoorDash and Grubhub, but to no avail, the city of Chicago finally got a win this week. On Monday, the Office of the Mayor of Chicago announced the city had reached a massive settlement with Uber (NYSE: UBER) platforms Uber Eats and Postmates.
- 12/06/2022
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Uber settles with Chicago, Microsoft offers Sony Call of Duty deal, Facebook threatens to pull news
- Yahoo Finance Live's Julie Hyman reports on notable business headlines which include Uber reaching a $10 million settlement with the city of Chicago for non-consented listings, Microsoft offering Sony a 10-year Call of Duty deal, and Meta threatening to pull news from Facebook.
- 12/06/2022
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Uber Pays $10M for Listing Chicago Eateries Without Permission
- Uber will pay Chicago a $10 million settlement in an investigation into its business practices. The city announced the settlement late Monday (Dec.
- 12/06/2022
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Uber settles with Chicago for $10 million following investigation
- Chicago said it and Uber had come to a $10 million settlement in connection to an investigation of the company's UberEats and Postmates food delivery apps.
- 12/05/2022
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Uber Eats to pay millions for listing Chicago restaurants without consent
- Uber has agreed to a $10 million settlement with the City of Chicago for listing local restaurants in the Uber Eats and Postmates food delivery apps without the restaurants' consent, as well as for charging excess commission fees. Over $5 million will go toward paying damages back to Chicago restaurants that were affected, and $1.
- 12/05/2022
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Uber agrees to pay $10 million for listing Chicago restaurants without their consent, charging more than allowed
- The City of Chicago has reached a $10 million settlement with Uber Technologies Inc. stemming from allegations that Uber Eats and Postmates listed restaurants on their platforms without consent, and that restaurants were charged more than legally allowed.
- 12/05/2022
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Uber Eats to pay millions to Chicago restaurants for following a controversial growth playbook perfected by DoorDash
- The city of Chicago accused Uber Eats of listing restaurants on its platform without consent. The parties announced a settlement today.
- 12/05/2022
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Mastercard, ServiceNow, Uber, Visa among hedge funds' top picks
- Yahoo Finance's Brian Sozzi breaks down the stat of the day on hedge funds' favorite shared holdings.
- 12/05/2022
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Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 12/05/2022
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Convoy, J.B. Hunt and Uber Freight call for standardized scheduling API
- As FreightTech companies remedy fragmented industry processes, leaders in the space have found that while they are fighting for the same cause, lack of trading data standardization among supply chain participants is undermining their efforts. One of these fragmented processes is transportation appointment scheduling.
- 12/05/2022
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3 Tech Stocks Hedge Funds Are Buying Now
- While many different factors can influence the stock market, one of the most important to many retail investors may be the actions of hedge funds. That's because hedge funds are often known as the smart money to be followed, particularly in times of uncertainty.
- 12/04/2022
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Aurora Innovation ($AUR) and Uber Freight Expand Pilot to Autonomously Haul Goods for Holiday Season
- Aurora Innovation (NASDAQ: AUR), and Uber Freight have announced the expansion of their autonomous pilot with a new commercial lane between Fort Worth and El Paso. The 600-mile lane across Texas was launched in October and is supporting Uber Freight customers as they prepare for the 2022 holiday season.
- 12/02/2022
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Uber, Aurora to expand self-driving truck ops in Texas to meet holiday rush
- Uber Technologies Inc and self-driving technology company Aurora Innovation Inc will expand their driverless pilot program in Texas to meet increased delivery demand during the holidays.
- 12/02/2022
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Ube— The Uber Ingredient Of 2023
- According to the consumer trend forecasts, ube, a purple yam that has played a central part in Filipino food culture for more than four centuries, will be a huge global hit in 2023.
- 11/30/2022
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Uber: Hyper-Growth From Its 3 Growth Engines
- Uber is the market leader in ride-hailing, a business which has recovered with hypergrowth since the lockdown of 2022. The company has three strong growth engines: Mobility, Delivery and Freight which work together to produce a flywheel effect on growth.
- 11/30/2022
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Uber (UBER) Rides on Delivery Business Amid Rising Expenses
- Uber's (UBER) efforts to expand its Delivery operations in response to the surge in business are impressive. However, rising expenses are concerning as they pose a threat to Uber's bottom line.
- 11/29/2022
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This Key Advantage Makes Uber the Gig-Economy Stock to Own
- Uber's expanding set of services makes it attractive to both drivers and consumers.
- 11/25/2022
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Uber's polarizing surge pricing is coming for your food deliveries
- The inventor of Uber's dynamic pricing is investing in startup Sauce that raises prices on online orders during peak hours.
- 11/24/2022
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Is Uber Stock A Buy After Revenue Jumps 72%? A Resounding Yes For Certain Investors
- Uber is seeing continued growth in the post-pandemic era, which is good news for investors. The mobility business is making a strong comeback from pandemic woes at a time when delivery growth is slowing.
- 11/23/2022
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Uber, Snowflake Among Top Buys For CalSTRS In Q3 — These Big Tech Stocks Were Trimmed - Snowflake (NYSE:SNOW), Uber Technologies (NYSE:UBER)
- The California State Teachers Retirement System loaded up on shares of Uber Technologies Inc (NYSE: UBER) and Snowflake Inc (NYSE: SNOW) during the third quarter, a
- 11/23/2022
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Uber Technologies: Leaving Rivals In The Rear View Mirror
- Uber followed up a history-making second quarter with yet another quarter of positive free cash flows. The performance of the Eats/Delivery division has made a mockery of its skeptics.
- 11/19/2022
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Uber misses earnings, beats revenue for Q4
- Deirdre Bosa reports Uber's fourth quarter earnings results. The company lost $6 billion dollars, but the CFO says it's on track to achieve profitability in 2021.
- 11/19/2022
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Final Trades: Nvidia, Uber, Eli Lilly & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/19/2022
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Uber and Drizly CEOs on stock and cash acquisition deal
- Uber announced Tuesday it is acquiring alcohol-delivery service Drizly for $1.1 billion in stock and cash. Uber CEO Dara Khosrowshahi and Drizly CEO Cory Rellas join "Squawk on the Street" to discuss the deal.
- 11/19/2022
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Final Trades: Nextera Energy, Uber, Boeing & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/19/2022
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Early Uber investor Bradley Tusk on China going after Didi Global
- Bradley Tusk, Tusk Ventures CEO, joins CNBC's "Closing Bell" to discuss China's regulatory crackdown on DiDi Global, the Chinese ride-sharing giant, and what it means for other tech companies.
- 11/19/2022
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New Street Advisors founder says Uber could grow into a super app
- New Street Advisors founder Delano Saporu joins "Closing Bell" to discuss Uber and Lyft headwinds during the pandemic as economy begins to reopen.
- 11/19/2022
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Mega media deal, Uber unhappy and shipping struggles
- Amazon announces it's buying MGM Studios for $8.45 billion, Uber CEO Dara Khosrowshahi is unhappy with rider wait times and prices and FedEx is lagging rivals in on-time delivery rate according to new data.
- 11/19/2022
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Uber reiterated as a top second-half pick at MKM
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 11/19/2022
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Uber CEO Dara Khosrowshahi: 'We think we can be the local super app'
- "We absolutely are looking at building a super app," Dara Khosrowshahi told CNBC's "Squawk Box" Thursday. "These are apps that provide all kinds of services to the consumers, are incredibly sticky and those businesses have incredibly market caps.
- 11/19/2022
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NYC proposes $24 minimum wage for app-based delivery drivers
- A little over a year after the New York City Council approved a legislative package aimed at improving working conditions for app-based delivery drivers, city officials are following through on one of the legislation's key provisions. Uber Eats (NYSE: UBER), DoorDash (NYSE: DASH) and Grubhub (OCTUS: JTKWY) drivers in the Big Apple could earn a minimum wage of nearly $24 an hour by 2025 if the city approves a proposal passed down by the Department of Consumer and Worker Protection (DCWP) on Wednesday.
- 11/17/2022
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UberEats wants to add thousands of NYC bodegas to its delivery app
- “Bodegas have been under assault from the well-funded fast delivery services and we're leveling the playing field for them.”
- 11/17/2022
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Uber Health sees growing demand for medical rides and deliveries
- Uber Health Global Head Caitlin Donovan joins Yahoo Finance's Anjalee Khemlani live from the HLTH 2022 conference in Las Vegas, Nevada, to discuss tech's role in health care, how Uber Health is trying to leverage transportation to drive health care accessibility, growing demand for medical services, and the outlook for growth.
- 11/17/2022
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Evercore's Mark Mahaney breaks down the top three tech stock picks
- Mark Mahaney, head of internet research at Evercore ISI, joins CNBC's 'Squawk Box' to break down investing opportunities in the technology sector ahead of the open.
- 11/17/2022
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Uber, Lyft to pay NYC drivers more by end of year
- Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, Engadget reports. The fare increase comes amid a driver shortage post-pandemic, in large part due to rising operational costs.
- 11/15/2022
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How Joby and Delta are making flying taxis a reality
- CNBC got an inside look at Joby Aviation, a startup with grand ambitions of building eVTOL aircraft and operating an Uber-like air taxi service.
- 11/11/2022
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Poor Q3 Results From Lyft and Uber Rekindle Questions About Ride-Hailing's Future
- Maybe the business model just doesn't make sense (or money) as is.
- 11/11/2022
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7 Tech Stocks Smart Investors Shouldn't Touch with a 10-Foot Pole
- As interest rates (and the chance of a recession) keep rising, the likelihood we see this bear market in tech stocks continue into 2023 increases. However, while some high-quality, reasonably-priced names in the sector may make for great long-term buys right now, there are quite a few tech stocks to avoid.
- 11/09/2022
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Why LYFT Stock Plunges 22.91% Despite Q3 Earnings Beat
- In the third quarter of 2022, LYFT's total revenues of $1053.8 million lag the Zacks Consensus Estimate of $1054.7 million.
- 11/09/2022
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Final Trades: Uber, IBM, Stryker & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/08/2022
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Lyft co-founder talks earnings, layoffs, and competition with Uber
- Lyft Co-Founder John Zimmer joins Yahoo Finance Live to discuss the company's latest quarterly earnings, the sell-off in the stock, the outlook for profitability and growth, recent mass layoffs, competing for market share with Uber, and the future of autonomous vehicles.
- 11/08/2022
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Lyft plunges 18% after disappointing 3rd-quarter earnings suggest Uber is taking share from the ride-hailing company
- While Lyft saw a decline in active riders, Uber saw a surge in active riders last quarter, bolstering the idea that Uber is taking share from Lyft.
- 11/08/2022
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Lyft stock sinks amid ‘very concerning' rider trends and pressure from Uber
- Analysts hailed Uber Technologies Inc. as their ride-sharing preference Tuesday as Lyft Inc. posted quarterly results that indicated it was feeling some pressure from its larger rival.
- 11/08/2022
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Investors dump Lyft on signs Uber is snatching market share
- Lyft Inc shares sank 20% on Tuesday on signs that competition from bigger rival Uber was stalling user growth and eating into the market share of the ride-hailing firm.
- 11/08/2022
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Lyft Stock Tumbles on Growth Concerns. Uber Casts a Shadow Over Its Rival.
- Lyft says it lost market share in the quarter due to Uber's aggressive driver incentives.
- 11/08/2022
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3 Top Growth Stocks to Buy in November
- These three stocks are bucking the pessimism in the tech sector right now.
- 11/06/2022
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Why Were Investors Excited About Uber's Q3 Results?
- Uber's stock price jumped after it reported third-quarter earnings.
- 11/06/2022
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Uber Technologies (UBER) Stock Down 3.5% Since Q3 Earnings
- Uber Technologies (UBER) third-quarter 2022 revenues increase year over year.
- 11/04/2022
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Stocks moving inn after hours: Roku, Peloton, Uber, Starbucks
- Yahoo Finance Live's Seana Smith checks out several trending stocks in the after-hours trading session.
- 11/04/2022
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Uber withdraws petition to annul new ride-hailing regulations in Kenya
- Uber has applied to withdraw a petition in Kenya challenging the new ride-hailing regulations that capped commissions at 18%, and required taxi apps operating to acquire licenses. Coulson Harney, the law firm representing Uber, filed the notice of withdrawal bringing to an end its push to have the new digital ride-hailing regulations annulled.
- 11/04/2022
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Is Uber Technologies Stock a Buy Now?
- Economies of scale are kicking in for the ride-hailing leader.
- 11/03/2022
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Uber whistleblower says current business model 'absolutely' unsustainable
- Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture but that its business model was still "absolutely" unsustainable.
- 11/02/2022
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After Uber Spikes 12% On Tuesday, Traders See More Upside To Stock After Earnings - Uber Technologies (NYSE:UBER)
- On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Uber Technologies Inc. (NYSE: UBER) traded at 3.5 times its average daily volume on Tuesday.
- 11/02/2022
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Uber reaches 615 mn pound tax settlement with Britain
- Uber will pay British authorities 615 million pounds (around $700 million) to settle a tax dispute following a British judicial ruling that classified drivers as workers, the company said Tuesday.
- 11/02/2022
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Uber CEO Expects Company to Make a Full Recovery
- Uber CEO Dara Khosrowshahi joins Emily Chang to discuss the company's strong third quarter results that showed gains in ridership and strong spending by consumers. He says prices for rides won't likely come down to pre-pandemic levels and other services are also popular with customers.
- 11/01/2022
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Kindred Ventures' Steve Jang: The Uber ride-sharing business is proven profitable
- Steve Jang, Kindred Ventures, joins 'Closing Bell' to discuss Uber stock rising on higher-than-expected revenue growth.
- 11/01/2022
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Uber gets price target bumped up by Oppenheimer on strong 4Q forecast
- Uber Technologies Inc (NYSE:UBER) shares drove higher on Tuesday after the company announced robust third quarter ridership numbers and projected fourth quarter earnings, causing US broker Oppenheimer & Co to reiterate its rating of ‘Outperform.' Oppenheimer raised the share price target to US$45 from $42, as Uber stock hit a day high of US$31, settling down to $30 later in the session, up by 12.9%.
- 11/01/2022
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Uber Stock Surge On The Back Of Profitabilty
- Uber's business model is finally starting to make sense leading to the stock surging during the market opening as investors took stock of the company's future.
- 11/01/2022
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Uber stock rises after quarterly earnings report announces 72% revenue growth
- Uber stock rose by nearly 13% at the opening bell on Tuesday after the company released its third-quarter earnings report showing 72% revenue growth.
- 11/01/2022
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Uber's Q3 2022 Earnings: A Fresh Look At The Books
- Uber continues to show strong momentum in revenue growth. The cash flow, cash position, and profitability metrics of the company have also continued to display strength.
- 11/01/2022
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Uber earnings ‘show progress that management needed to deliver,' analyst says
- Arete Research Managing Director Richard Kramer joins Yahoo Finance Live anchorJared Blikre to evaluate Uber earnings and the outlook for the stock.
- 11/01/2022
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Final Trades: Pharma, Chevron, Uber & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 11/01/2022
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Why Uber Stock Was Soaring Today
- The ridesharing service is delivering the balanced growth in revenue and profits that investors want to see.
- 11/01/2022
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The problem for travel stocks is fear of a weakening consumer next year, says Goldman's Sheridan
- Eric Sheridan, Goldman Sachs managing director, joins 'TechCheck' to discuss Sheridan's thoughts on Uber's quarterly earnings results, if Uber's result foreshadows what investors will hear from other companies and more.
- 11/01/2022
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Uber's our top pick because of the company's focus on profit and growth, says Needham's McTernan
- Bernie McTernan, Needham, joins 'TechCheck' to discuss why he sees a premium with Uber's stock, how he gauges the company's profitability and if driver availability is an issue.
- 11/01/2022
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Uber earnings give DoorDash stock a boost
- Yahoo Finance's Jared Blikre breaks down the rise in Doordash stock on the heels of Uber earnings.
- 11/01/2022
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Uber shares up despite a Q3 loss
- Uber Technologies Inc (NYSE: UBER), on Tuesday, reported to have ended its fiscal third quarter with a loss. Shares are still up more than 15% this morning.
- 11/01/2022
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Uber shares surge as company says consumers still strong
- Shares of Uber rocketed higher Tuesday after it reported a surge in quarterly revenue and described consumer demand as remaining robust.
- 11/01/2022
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Uber earnings were a ‘shock to the upside,' analyst says
- Wedbush Managing Director & Senior Equity Analyst Dan Ives joins Yahoo Finance Live anchors Brian Sozzi, Julie Hyman and Brad Smith to discuss Uber earnings, competition with Lyft, Twitter monetizing the blue check market, and the outlook for tech going into next year.
- 11/01/2022
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Uber Earns Its Five-Star Rating From Wall Street
- In a bad tape for tech, Uber is managing both its expenses and its investors comparatively well.
- 11/01/2022
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Uber stock soars premarket on earnings, upbeat outlook
- Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman discuss the rise in stock for Uber following mixed third-quarter earnings.
- 11/01/2022
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Uber Technologies, Inc. (UBER) Q3 2022 Earnings Call Transcript
- Uber Technologies, Inc. (NYSE:UBER ) Q3 2022 Earnings Conference Call November 1, 2022 8:00 AM ET Company Participants Balaji Krishnamurthy – Head-Investor Relations Dara Khosrowshahi – Chief Executive Officer Nelson Chai – Chief Financial Officer Conference Call Participants Brian Nowak – Morgan Stanley Eric Sheridan – Goldman Sachs Justin Post – Bank of America Doug Anmuth – J.P. Morgan Ross Sandler – Barclays Lloyd Walmsley – UBS Deepak Mathivanan – Wolfe Research Mark Mahaney – Evercore ISI Ron Josey – Citi John Blackledge – Cowen Jason Helfstein – Oppenheimer Operator Ladies and gentlemen, thank you for standing by.
- 11/01/2022
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Uber stock surges as company beats revenue estimates, despite $1.2 billion loss
- Uber Technologies Inc. stock rose sharply Tuesday morning as the company's third-quarter revenue climbed 73% year over year, exceeding expectations, and executives issued an optimistic outlook for the current quarter.
- 11/01/2022
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Uber Freight's EBITDA barely positive in Q3
- Quarter-to-quarter comparisons on the financial performance of digital brokerage Uber Freight are limited in their value now, as the review would be looking at Uber Freight before it acquired Transplace and Uber Freight after the deal was closed just about a year ago. But sequential comparisons are significant.
- 11/01/2022
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Uber revenue jumps 72% on strong demand for rides
- If a recession is looming, you wouldn't know it from looking at Uber's business.
- 11/01/2022
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Uber Technologies (UBER) Reports Q3 Loss, Tops Revenue Estimates
- Uber (UBER) delivered earnings and revenue surprises of -258.82% and 3.30%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/01/2022
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Uber Third-Quarter Revenue Beats Estimates As Stock Soars
- Uber stock soared as it reported third-quarter results early Tuesday that missed on earnings but beat on revenue. The post Uber Third-Quarter Revenue Beats Estimates As Stock Soars appeared first on Investor's Business Daily.
- 11/01/2022
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Uber Rides Higher, but Here's Tuesday's Big Stock Winner
- Earnings are only part of the story.
- 11/01/2022
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Uber CEO Dara Khosrowshahi: We are operating on a cautious basis, but our outlook is strong
- Uber CEO Dara Khosrowshahi joins CNBC's 'Squawk Box' to break down the company's latest quarterly earnings report and what it means for the health of the U.S. consumer.
- 11/01/2022
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Uber stock pops after earnings as company gives upbeat outlook
- Shares of Uber Technologies Inc. UBER, -3.38% were popping in premarket trading Tuesday after the ride-hailing giant topped revenue expectations and gave an upbeat outlook for the current quarter. The company reported a third-quarter net loss of $1.2 billion, or 61 cents a share, compared with $2.4 billion, or $1.28 a share, in the year-earlier period.
- 11/01/2022
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Uber reports another loss but beats on revenue
- Uber reported a third-quarter loss but beat analysts' estimates for revenue.
- 11/01/2022
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Uber's Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
- The ride-hailing company had strong revenue growth, but it still lost money in part because of its investments in other ride-hailing businesses.
- 11/01/2022
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Breaking Down UBER Stock Ahead of Earnings
- Trading 45% from its highs, investors will be closely watching Uber Technologies (UBER) Q3 earnings release on November 1. Investors and Wall Street alike will want to see if the company is getting closer to profitability amid a challenging operating environment for most companies.
- 10/31/2022
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Dow Notches Strongest Month of Trading Since 1976
- At +11%, it's the best October on record for the blue-chip index and the strongest single-month of trading since the U.S. Bicentennial.
- 10/31/2022
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Uber earnings: What to expect
- Uber Technologies Inc. is scheduled to release third-quarter earnings Tuesday morning before trading begins in the U.S.
- 10/31/2022
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Earnings Exchange: NXPI, UBER & PFE
- Jeff Kilburg, KKM Financial CEO, joins ‘The Exchange' to discuss three stocks ahead of earnings: NXP Semiconductors, Uber and Pfizer.
- 10/31/2022
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DoorDash, Uber, & AirBNB on deck for earnings
- Ron Josey, Citi managing director, joins 'TechCheck' to discuss upcoming Big Tech earnings, ad products and engagement rates counteracting capex spending, and free cash flow becoming a popular metric as top-line ambiguity grows.
- 10/31/2022
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Uber Freight, Transplace now 1 operation with a wall on proprietary data
- googletag.cmd.push(function() { var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); gptAdSlots.push(gptSlot); }); googletag.cmd.push(function() { googletag.display('div-gpt-ad-b1-i-fw-ad-1'); }); The merger between Uber Freight and Transplace was made final months ago. The more practical amalgamation of the companies — combining their offerings on one platform — now has been completed as well.
- 10/30/2022
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Uber hopes to hail new era of stability after a wild 10-year ride
- If this week's results show a profit like last quarter's, the company may at last be on the road to respectability
- 10/29/2022
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Pfizer, Uber and Starbucks Highlight Another Busy Earnings Week
- Nearly a third of the S&P 500 is slated to report earnings in the coming days.
- 10/29/2022
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Uber Q3 Preview: Rebound Quarter Inbound?
- Uber has fallen short of earnings estimates as of late, posting back-to-back bottom-line misses.
- 10/28/2022
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Key Factors to Know Ahead of UBER's Third-Quarter Earnings
- We expect a strong performance of the delivery unit to have aided Uber's (UBER) performance in the September quarter.
- 10/28/2022
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New Zealand Uber drivers win case declaring them employees
- A group of Uber drivers in New Zealand won a landmark case Tuesday against the ride-hail company which will force Uber to treat them as employees, rather than independent contractors.
- 10/25/2022
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New Zealand Uber drivers win landmark case declaring them employees
- Uber said it would appeal against the decision, which judge said ‘may well' affect other drivers' status and entitle them to workers' rights and protections
- 10/24/2022
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Drizly and its CEO subject of FTC order taking action over data breach
- The Federal Trade Commission announced Monday a proposed order taking action against Drizly and its CEO, James Cory Rellas, in relation to a 2020 data breach.
- 10/24/2022
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Online liquor deliver company Drizly settles with U.S. FTC over data breach
- The online liquor market Drizly settled with the U.S. Federal Trade Commission (FTC) over a data breach that exposed information about 2.5 million people, the agency said Monday.
- 10/24/2022
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FTC seeks to clamp down on alcohol delivery service Drizly and its CEO after data breach
- The Federal Trade Commission is seeking tough new restrictions against Drizly, the alcoholic beverage delivery platform, after what US regulators allege were repeated security failures that compromised the data of 2.5 million people.
- 10/24/2022
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3 Weed Stocks to Buy Before Marijuana Goes Mainstream (i.e., Circle K, Uber Eats)
- Two things recently happened that have investors thinking more seriously about weed stocks to buy. First, Uber Eats (NYSE: UBER ) and cannabis information platform operator Leafly (NASDAQ: LFLY ) announced they had begun partnering on cannabis delivery in Toronto, Canada's largest city.
- 10/24/2022
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FTC seeks to hold Drizly CEO accountable for alleged security failures, even if he moves to another company
- The proposed security requirements would follow CEO James Cory Rellas even if he moves onto another company.
- 10/24/2022
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FTC brings action against Drizly, CEO Cory Rellas after data breach
- The Federal Trade Commission is seeking to sanction online alcohol marketplace Drizly and its CEO James Cory Rellas over allegations that security failures led to a breach that exposed the personal information of roughly 2.5 million customers, the agency said Monday. According to a complaint, the company, a subsidiary of Uber Technologies Inc. UBER, -1.14% , failed to use “appropriate information security practices” to protect consumer data.
- 10/24/2022
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Uber unveils plans to play in-car ads during trips
- Yahoo Finance Anchor Akiko Fujita and Yahoo Finance Tech Editor Dan Howley discuss Uber's plan to have in-car ads play during your Uber trip. This segment aired on October 20, 2022.
- 10/22/2022
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Uber, Lyft stocks rise as Deutsche Bank points to strong ridesharing demand
- Yahoo Finance's Brian Sozzi breaks down a Deutsche Bank note on ridesharing companies.
- 10/21/2022
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Uber rolls out ads based on rider locations
- Yahoo Finance's Dan Howley discusses Uber launching ads across its app and the data privacy concerns for consumers.
- 10/20/2022
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Uber plans to show ads on its app, Lyft launches new parking reservation feature
- Yahoo Finance Live anchor Dave Briggs breaks down the latest news on Uber and Lyft.
- 10/20/2022
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Uber launches advertising unit to let marketers target ads based on where you go
- Uber is launching an in-house advertising division and rolling out its own form of targeted digital ads as it seeks to develop new revenue sources.
- 10/20/2022
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7 Stocks to Sell Before They Head to the Graveyard
- With this year's stock market downturn, it may seem too late to figure out which stocks to sell. Yet while major indices are down massively from their all-time highs, and scores of individual stocks have experienced far more severe price declines, many stocks still may have a ways to go before reaching their respective “bottoming out” moment.
- 10/19/2022
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7 Growth Stock Predictions for 2023
- Within the confines of the fourth quarter, it's only natural that investors look to growth stock predictions for next year. If a succinct summary existed regarding this framework, it might be disruptions and transitions.
- 10/19/2022
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Are you a cannabis-loving Canadian who doesn't like to leave home? Uber Eats to the rescue!
- The online delivery service can now supply legal marijuana from several dispensaries in Toronto – as well as pizza for the munchies
- 10/19/2022
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Uber to allow marketers to target riders with ads based on destination
- Ride-hailing company Uber Technologies Inc. UBER, -0.56% wants to help marketers target consumers with ads based on where they have been and where they are going.
- 10/19/2022
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Don't worry, Uber WILL find a way to advertise to you
- Uber has officially launched its advertising division and unveiled its in-app ad experience, Journey Ads, in an attempt to drive more revenue. The company said Wednesday it will sell ad space inside its ride-hailing and Uber Eats apps, as well as in-vehicle digital ads, sponsored mails and storefront ads.
- 10/19/2022
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Uber looks to boost digital ad revenue with new advertising division
- Uber Technologies Inc has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers.
- 10/19/2022
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3 Gig Economy Stocks That Biden's About to Sink
- The U.S. Department of Labor recently proposed a key rule change that may hurt gig economy stocks. This update will make it tougher for gig employers to treat their workers as independent contractors.
- 10/19/2022
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What's Happening With Uber Shares - Uber Technologies (NYSE:UBER)
- Uber Technologies Inc (NYSE: UBER) shares are trading higher by 5.34% to $27.30 Tuesday afternoon amid overall market strength.
- 10/18/2022
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Uber Eats to deliver groceries for Iceland in London
- Uber Eats, the food delivery branch of Uber Technologies Inc (NYSE:UBER) has teamed up with Iceland to offer a new instant grocery delivery service across London. Called ‘Uber Eats Markets', the venture will use the US firm's technology and delivery network to deliver goods from the frozen grocery chain's stores in around 20 minutes, according to the Retail Gazette.
- 10/18/2022
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Leafly, Uber team up for pot deliveries in Toronto in milestone
- Uber Technologies Inc.'s UBER, +4.98% Uber Eats unit has teamed up with Leafly Holdings Inc. LFLY, +8.27% to offer pot delivery services in Toronto. "This is the first time cannabis delivery will be available on a major third-party delivery platform in the world," Uber said.
- 10/18/2022
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Is the Uber, Lyft and gig economy battle over workers nearing its end game?
- Efforts to give Uber and Lyft drivers more worker rights and benefits are underway at both the federal and state level, with big consequences for the companies.
- 10/16/2022
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Uber Technologies Stock: Bear vs. Bull
- The ride-hailing and delivery company faces tough new challenges.
- 10/14/2022
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Worried About the Market Sell-Off? Here's 1 Stock to Buy Now, and 1 to Avoid
- History suggests down markets offer buying opportunities, but investors should be selective about the stocks they choose.
- 10/13/2022
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New union rallies at Uber HQ with ‘a core goal of winning union rights for gig workers'
- Ride-hailing drivers, delivery workers and their supporters on Wednesday converged in front of Uber Technologies Inc.'s San Francisco headquarters to announce that they have formed a union.
- 10/12/2022
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Gig economy regulations are ‘more than priced' into stocks, analyst says
- Fox Advisors Founder & CEO Steven Fox joins Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman to discuss the Biden administration's proposal of change to the classification of gig workers, how this will affect Uber and Lyft, regulatory concerns, and the outlook for rideshare companies.
- 10/12/2022
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Uber (UBER) Stock Down 10.42% in Tuesday's Trading: Here's Why
- Uber (UBER) saves on labor costs by employing independent contractors.
- 10/12/2022
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Uber and Lyft see shares drop as Biden administration proposes new gig worker rule
- Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) saw their shares drop on Tuesday after US President Joe Biden's administration unveiled proposals for a new rule that could put more gig workers on company payrolls The rule would scrap a Donald Trump administration rule from 2021 that made it easier for firms to classify workers as independent contractors. The proposal would affect millions of workers across a range of industries, including healthcare, restaurants, construction and ride-share transportation, the US Labor Department said.
- 10/12/2022
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Uber facing FTC probe over rewards complaints: report
- The Federal Trade Commission is looking into allegations related to ride-share company Uber's soon-to-end rewards program, the New York Post reported Tuesday.
- 10/11/2022
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Gig worker labor law: 'Uber is better positioned than Lyft as most would think,' analyst says
- CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to discuss President Biden's proposed labor laws protecting gig workers and how that would impact ride-share giants Uber and Lyft.
- 10/11/2022
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Uber, Lyft, and Door Dash Might Be In Trouble
- A proposed rule from the U.S. Department of Labor that might make it possible for gig workers to become employees instead of just having contractor status. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS PLUS | https://www.thestreet.com/signup/action-alerts-plus-video REAL MONEY PRO | https://www.thestreet.com/signup/real-money-video LINKEDIN | http://linkedin.com/company/theStreet FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en #uber #lyft #uberdriver #business
- 10/11/2022
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Federal gig worker proposal tanks Uber, Lyft and DoorDash stocks
- The stock prices of Uber, Lyft and DoorDash slid on Tuesday after the Department of Labor announced proposed changes to how workers should be classified. The prospective guidance is intended to “combat employee misclassification,” the federal agency said.
- 10/11/2022
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Uber, Lyft and DoorDash react to Biden's gig worker rule
- Uber, Lyft and DoorDash reacted Tuesday to the Department of Labor's proposed rule about classifying workers as employees versus independent contractors.
- 10/11/2022
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The labor department's proposal sparks selloff of gig economy stocks
- Tusk Ventures' Bradley Tusk, an early investor in Uber, joins 'Closing Bell' to discuss the labor departments proposal to classify gig workers as employees, how union forces are striving to get more worker's rights, and the market selloff sparked by the Biden Administration's announcement.
- 10/11/2022
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The debate over Uber hiring contractors or employees is nothing new, says DCLA's Sarat Sethi
- Sarat Sethi, managing partner and portfolio manager at DCLA, joins 'Power Lunch' to discuss fundamentals, highlighting underperforming stocks with promise, and how to factor in dividend yield.
- 10/11/2022
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Biden Proposal Could Lead to Employee Status for Gig Workers
- A proposed rule, long awaited by labor activists, would make it harder for companies to classify workers as independent contractors.
- 10/11/2022
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Why Is UBER Stock Down 8% Today?
- Among today's relatively broad move higher across most indices, certain stocks are not participating in this upside. Among today's biggest losers is ride hailing company Uber (NYSE: UBER ), down more than 8% at the time of writing.
- 10/11/2022
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Proposed labor rule could give millions of gig workers employee status
- The Biden administration is proposing a new labor rule that could classify millions of gig workers as employees — a move that would challenge the low-cost labor models behind Silicon Valley heavyweights such as Uber, Lyft and DoorDash.
- 10/11/2022
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New gig economy rules look like 'gut punch' for Uber and Lyft, says Dan Ives
- Dan Ives, Wedbush Securities managing director and senior equity analyst, joins 'The Exchange' to discuss Ives' take on the reclassification proposal for gig economy workers, what happens if rides from Uber, Lyft and DoorDash become more expensive and more.
- 10/11/2022
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Why are Uber shares trending down on Tuesday?
- Uber Technologies Inc (NYSE: UBER) is in focus this morning after the U.S. Department of Labour proposed a new rule that “could” disable it from classifying its gig workers as independent contractors.
- 10/11/2022
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Uber, Lyft and DoorDash tumble as Biden administration proposes gig-worker rule that eases path to full employee
- The proposed rule would base the determination of whether to classify a worker as a contractor or employee on a broad assessment.
- 10/11/2022
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Labor Department Proposal On Gig Workers Hits These Businesses
- Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers. The post Labor Department Proposal On Gig Workers Hits These Businesses appeared first on Investor's Business Daily.
- 10/11/2022
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Why Uber Technologies Stock Was Falling This Morning
- If Uber's U.K. business is anything to go by, this news doesn't change anything.
- 10/11/2022
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Uber, Lyft shares sink after Labor Department issues proposal on gig workers
- Shares of ride-hailing companies Lyft and Uber fell following the opening bell on Tuesday after the U.S. Labor Department issued a proposal to classify drivers as employees, not contractors.
- 10/11/2022
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Uber, Doordash plunge after Labor Department proposes change to gig worker classification
- The proposed rule sent stocks for gig companies like DoorDash, Lyft and Uber down.
- 10/11/2022
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Why Uber Stock Is Slamming The Brakes Today - Uber Technologies (NYSE:UBER)
- Uber Technologies Inc (NYSE: UBER) shares are trading lower Tuesday on reports the U.S. Department of Labor has released a proposal to make companies reclassify independent contractors as employees.
- 10/11/2022
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Uber exits five Pakistani cities, to continue services via unit Careem
- Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including Karachi and Islamabad, the company said on Tuesday, in a move that will reduce market overlap between the U.S. firm and its Middle East unit Careem.
- 10/11/2022
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Cramer says investors should buy shares of Uber over Lyft
- Cramer on Monday gave his take on why Uber is the superior stock over Lyft.
- 10/10/2022
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2 Beaten-Down Growth Stocks to Consider
- The Covid-19 crisis of 2020 caused the Federal Reserve to step in and inject the economy with trillions of dollars in stimulus. This caused a “sugar rush” in both the economy and the stock market.
- 10/10/2022
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Smart Investors Will Be Buying All the Dips for These 7 Stocks
- Although the red ink splashed on the equities sector has many bulls in the dumps, it's also important to remember that the doldrums open opportunities for these 7 stocks to buy on the dip. To be fair, you don't want to just react to volatility in a simplistic Pavlovian manner.
- 10/10/2022
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Uber ‘massively outperformed' Lyft on wait times, analyst says
- RBC Capital Markets Analyst Brad Erickson joins Yahoo Finance Live anchors to discuss the road ahead for Lyft and Uber, downgrading Lyft amid longer wait times, driver supply, consumer spending, rising prices, and the outlook for the ridesharing space.
- 10/10/2022
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Uber (UBER) Inks Driverless Robotaxi Deal with Motional
- The deal with Motional marks Uber's (UBER) return to the robotaxi business.
- 10/07/2022
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Why Uber Stock Accelerated This Week
- A new technology deal and a bullish analyst take combine to bring some bulls back to the shares.
- 10/07/2022
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Uber: Time To Buy, More Good News On The Way
- We are bullish on Uber. We believe the company is rebounding from its pandemic lows, with its Mobility & Delivery segments driving growth and profitability. Uber's 2Q22 reported the company's first positive cash flow quarter, and we believe the company presents an attractive entry point into the Internet service industry.
- 10/07/2022
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Lyft stock falls after admittedly ‘late' downgrade highlights Uber threat
- Lyft Inc.'s competitive risk from Uber Technologies Inc. “may be more structural than originally thought,” according to RBC Capital Markets.
- 10/07/2022
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Another Analyst Picks Uber Over Lyft
- RBC today downgraded LYFT Inc (NYSE:LYFT) to "sector perform" from "outperform", while cutting its price target nearly in half from $30 to $16.
- 10/07/2022
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India's IT hub directs Uber, others to stop three-wheeler services
- India's southern state of Karnataka has asked cab aggregators Uber , SoftBank-backed Ola and Rapido to stop three-wheeler services in Bengaluru, a top government official said, accusing them of overcharging and harassing customers.
- 10/07/2022
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Uber and Motional ink driverless robotaxi deal, Uber exec found guilty in hack cover-up
- Yahoo Finance Live anchor Dave Briggs look at Uber shares amid a new driverless vehicle deal and a former executive's guilty verdict.
- 10/06/2022
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Uber ex-security chief concealed 2016 hack, GE lays off workers, Ford raises electric F-150 price
- Yahoo Finance's Julie Hyman breaks down leading business headlines, including the former Uber security chief being found guilty of concealing a 2016 hack, GE laying off onshore wind workers, and Ford hiking the price of its F-150 Lightning truck.
- 10/06/2022
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Uber revives self-driving program
- Yahoo Finance Live anchors discuss why Uber is bringing back its self-driving program.
- 10/06/2022
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Motional And Uber Announce 10-Year Deal To Deploy Automated Vehicles In Multiple US Markets
- By the end of 2022, Motional automated Hyundai Ioniq 5 vehicles are expected to begin carrying Uber passengers as the launch of a 10-year multi-market deployment deal
- 10/06/2022
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Uber ($UBER) Signs Agreement with Motional to Provide Autonomous Ride-Hailing Services
- Uber Technologies ($UBER) and Motional, a global driverless technology leader, have announced a new commercial agreement to offer fully driverless rides using Motional's new all-electric IONIQ 5-based robotaxis. The company's say that the decade-long, mult-imarket agreement will create the opportunity for effective scaling and broad adoption of autonomous vehicles by pairing Motional's advanced driverless technology with Uber's customer network across more than 11,000 cities worldwide.
- 10/06/2022
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Steve Stoute's UnitedMasters Successfully Recruits Uber, Twitter And Adobe Execs
- Steve “The Commissioner” Stoute's music startup UnitedMasters, music distribution and data analytics company has successfully recruited top execs from Uber, Twitter and Adobe. The company continues to distinguish its music artist first platform with 1.3 million independent users on it.
- 10/06/2022
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Uber's Former Head of Security Convicted Over Concealing 2016 Data Breach
- The 2016 Uber hack exposed the personal data of 57 million people but wasn't disclosed for a year.
- 10/05/2022
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Jury finds former Uber security chief guilty of concealing data breach
- A San Francisco jury has found Uber Technologies Inc's former chief security officer Joseph Sullivan guilty of criminal obstruction for failing to report a 2016 cybersecurity incident to the authorities, a spokesperson from the Department of Justice confirmed on Wednesday.
- 10/05/2022
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Former Uber Security Chief Convicted Of Covering Up Data Breach
- It's believed this is the first time an executive has faced charges over an outside company hack.
- 10/05/2022
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Uber's former security chief was found guilty by a federal jury for covering up a data hack to regulators
- Joe Sullivan was charged with hiding a data breach at Uber from federal authorities just days after the FTC deposed him on an earlier online breach.
- 10/05/2022
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Former Uber security chief convicted of obstruction over 2016 data breach
- A San Francisco jury has found Uber Technology Inc.'s UBER, -0.03% former chief security officer Joseph Sullivan guilty of criminal obstruction charges for failing to report a 2016 cyber intrusion to federal authorities.
- 10/05/2022
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Procurant, Uber Freight Team to Streamline Produce Supplier Logistics
- Procurant and Uber Freight US have partnered to give fresh produce suppliers a new way to source and book shipping with competitive rates. The collaboration brings together Procurant's cloud-based software for the food supply chain and Uber Freight logistics solutions that offer reliability, flexibility and transparency for shippers and carriers, according to a Tuesday (Oct.
- 10/05/2022
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3 Stocks Hedge Funds Love in a Bear Market
- A bear market is a prolonged period of declining stock prices. The term originates from the fact that the stock market often drops as much as 30% in value during such a period.
- 10/05/2022
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Uber Announces Date of Third Quarter 2022 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2022 financial results on Tuesday, November 1, 2022 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intend
- 10/04/2022
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Uber subscription ‘more compelling to users,' analyst says
- Tom White, managing director and senior research analyst at D.A. Davidson, joins Yahoo Finance Live to discuss his Buy rating on Uber and how the ride-share company is poised to grow compared to Lyft.
- 10/04/2022
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Uber Technologies, Align, Cheniere, EQT And This Financial Services Company Feature On CNBC's Final Trade - EQT (NYSE:EQT), Align Tech (NASDAQ:ALGN)
- On CNBC's “Halftime Report Final Trades,” Karen Firestone of Aureus Asset Management said that Align Technology, Inc's (NASDAQ: ALGN) stock had declined from abo
- 10/04/2022
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1 Growth Stock to Buy Now, According to 80% of These Wall Street Analysts
- The ride-hailing company was hit hard at the height of the pandemic, but its business is now stronger than ever.
- 10/04/2022
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Uber: The Stock And Strong Fundamentals Are Misaligned
- Despite falling ~40% year to date, Uber's fundamentals have never looked stronger. Mobility/rideshare bookings are still growing at north of a >50% y/y pace, while Uber has also boosted its take rates.
- 10/03/2022
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Final Trades: Align Technology, Uber, Cheniere & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 10/03/2022
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Uber: Screaming Buy After Signs Of Profitability
- 2Q22 adjusted EBITDA and free cash flows show progress towards its 2024 targets, as management's guidance for 3Q22 adjusted EBITDA and free cash flows shows continued momentum into 2H22. Uber's platform strategy continues to provide structural competitive advantages as it looks to bring in new verticals like grocery and convenience, as well as grow its advertising business.
- 10/03/2022
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Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
- 10/03/2022
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Why Lyft Is Eating Uber's Dust
- Postpandemic, the battle between Uber and Lyft is looking a lot more one-sided.
- 10/01/2022
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There's going to be a much bigger focus on cash flow in the coming quarter, says Margins' editor Roy
- Ranjan Roy, Margins editor, joins 'TechCheck' to discuss the coming judgment day for cash bleeders like Uber and DoorDash, what will happen to stocks in the next quarter and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.
- 09/30/2022
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Better Growth Stock: Uber Technologies vs. Grab Holdings
- Which ride-hailing and food delivery giant is the better buy?
- 09/30/2022
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Why Uber And Lyft Shares Are Diving - Lyft (NASDAQ:LYFT), Uber Technologies (NYSE:UBER)
- Uber Technologies Inc (NASDAQ: UBER) and LYFT Inc (NASDAQ: LYFT) shares are trading lower by 7.11% to $26.04 and 9.00% to $13.20, respectively, during Thursday's trading session.
- 09/29/2022
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Uber Creates Abundant Supply, Price Controls Create Shortages
- Markets speak, even when they're suffocated.
- 09/28/2022
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CNBC's stock draft update: Seymour Asset Management's Tim Seymour
- Tim Seymour, Seymour Asset Management CIO, joins 'Closing Bell' to discuss his CNBC Stock Draft picks, detailing why he chose stocks with big alphas and leadership potential.
- 09/28/2022
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Lyft, Uber shares tank after Post's report on rideshare hiring freeze
- “Like many other companies navigating an uncertain economy, we are pausing hiring for all U.S.-based roles through the end of the year,” Lyft spokesperson Ashley Adams said.
- 09/28/2022
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Uber Stock Could Bounce, Says Bull Signal
- Things are looking up for Uber Technologies Inc (NYSE:UBER).
- 09/27/2022
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14 Ailing Companies Are About To Lose An Obscene Amount Of Money
- S&P 500 investors hate companies that lose money right now. So it's wise to know which companies are on the verge of losing obscene amounts so you don't end up holding the bag.
- 09/27/2022
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UBS claims drivers prefer Uber over Lyft – downgrade the stock
- Lyft (NYSE: LYFT) shares ended the trading day on September 26, down by 3.
- 09/27/2022
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Stellantis and Uber join forces on electric vehicles market in France
- Carmaker Stellantis and Uber announced a partnership along with the company Free2Move to focus on the French electric vehicles market.
- 09/27/2022
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Lyft stock falls after UBS downgrades as survey shows drivers and consumers prefer Uber
- Shares of Lyft Inc. extended their selloff on Monday, after UBS backed away from its bullish call on the ride-hailing company, citing concerns the company won't be able to match the revenue growth of its competition in an environment of slowing economic growth and a weaker active-rider environment.
- 09/26/2022
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Drivers, Consumers Prefer Uber Over Lyft, Says UBS
- It seems as though drivers and consumers prefer Uber (UBER) to LYFT Inc (NYSE:LYFT), at least according to a recently issued bear note from UBS.
- 09/26/2022
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Uber Shares Could Accelerate on Favorable Passenger and Price Trends
- These reports, excerpted and edited by Barron's, were issued recently by investment and research firms. The reports are a sampling of analysts' thinking; they should not be considered the views or recommendations of Barron's.
- 09/23/2022
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Alleged Teenage ‘TeaPot' Uber Hacker Arrested In London
- The 17-year-old hacker's identity has not been released.
- 09/23/2022
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Uber and Lyft drivers net less than $7 an hour after California law passed, driver-led study finds
- Ride-hailing drivers in California are taking home about $6.20 an hour under a law that was approved by the state's voters a couple of years ago, according to a report published Wednesday.
- 09/21/2022
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Salesforce co-CEO Benioff says there's 'no finish line when it comes to security' after attack at Uber
- At the Dreamforce conference on Tuesday, Salesforce co-CEO Marc Benioff addressed a recent hack at Uber that involved the Slack messaging app.
- 09/20/2022
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Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
- Uber (UBER) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 09/20/2022
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Uber Points to Lapsus$ Gang as Reason for Breach
- The extortion gang Lapsus$ is being blamed by Uber as being responsible for the breach that infiltrated its internal network last week, including its technology systems, Amazon Web Services, Google clouds and VMware systems. Based in Brazil and the U.K.
- 09/20/2022
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Uber asks its India drivers to ensure rear seatbelts in their cars work
- Ride-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in their vehicles are accessible to passengers and they work, days after a local business tycoon died in a crash involving his private car.
- 09/20/2022
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Social Engineering: How A Teen Hacker Allegedly Managed To Breach Both Uber And Rockstar Games
- A teenage hacker purportedly managed to gain access to both Uber and Rockstar Games' internal databases by deceiving a company employee using a social engineering attack.
- 09/20/2022
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Cybersecurity Experts on Edge Amid Ex-Uber Executive's Trial | Tech News Briefing Podcast | WSJ
- The trial of Uber's former head of security is being closely watched by cybersecurity professionals, who worry it could set a precedent for who is liable when a company is hacked. WSJ cybersecurity reporter Robert McMillan joins host Zoe Thomas to discuss the ins and outs of the trial and its wider ramifications.
- 09/19/2022
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Uber Names Hacking Group Responsible for Cyber Attack
- Uber says the attack was affiliated with Lapsus$.
- 09/19/2022
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Uber says no user data compromised as part of last week's hack attack
- CNBC's Eamon Javers joins 'Closing Bell' to report that Uber has said no user was compromised as a result of last week's hack attack.
- 09/19/2022
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Uber says hacker group Lapsus$ behind cybersecurity incident
- Uber has linked the cybersecurity incident it disclosed last week to hackers affiliated with the Lapsus$ gang, a group accused of numerous high-profile corporate data breaches. The company also said the attackers were able to download or access company Slack messages and invoice-related data from an internal tool.
- 09/19/2022
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How do you fix a hack like Uber's?
- Ride hailing giant Uber says its services are operational following a “cybersecurity incident” last week that saw a hacker break into the company's network and access systems that store vast troves of customer data. Uber said little about the incident until Monday.
- 09/19/2022
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Uber says hacker working with Lapsus$ responsible for cybersecurity incident
- Uber Technologies Inc said on Monday a hacker affiliated with the Lapsus$ hacking group was responsible for its cyber attack last week which forced the ride-hailing company to shut several internal communications temporarily.
- 09/19/2022
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The Final Call: Why These Investors Are Betting On Uber, Las Vegas Sand, And Walmart - Las Vegas Sands (NYSE:LVS), Uber Technologies (NYSE:UBER)
- On CNBC's “The Final Call,” Carter Worth recommended going long on Uber Technologies Inc (NYSE: UBER) and Las Vegas Sands Corp. (NYSE: LVS).
- 09/19/2022
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Uber investigates alleged hacking of the company's Slack
- Yahoo Finance anchors discuss a Slack hack incident at Uber.
- 09/17/2022
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Uber Probes Hacker Data Breach
- Bugcrowd founder and CTO Casey Ellios joins Emily Chang to discuss why Uber shut down its internal Slack messaging to investigate a cybersecurity breach after a hacker claimed to have accessed sensitive company data, and what exactly is considered a data breach. -------- Like this video?
- 09/16/2022
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Uber investigates cybersecurity incident
- CNBC's Eamon Javers joins 'Closing Bell' to report on a hacking incident at Uber and what the company's doing to investigate.
- 09/16/2022
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Uber says no sensitive data was exposed in hack
- Uber Technologies Inc. said Friday that all its apps are operational and that no evidence has been found to show that an intrusion into its computer systems exposed any users' personal information.
- 09/16/2022
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Uber Confirms Internal Cybersecurity Breach
- Uber is currently investigating a wide-scale cybersecurity hack of its internal IT systems. SUBSCRIBE | http://t.st/TheStreetTV MORE VIDEOS: https://www.thestreet.com/video ACTION ALERTS PLUS | https://www.thestreet.com/signup/action-alerts-plus-video REAL MONEY PRO | https://www.thestreet.com/signup/real-money-video LINKEDIN | http://linkedin.com/company/theStreet FACEBOOK | https://www.facebook.com/TheStreet/ TWITTER | http://twitter.com/thestreet INSTAGRAM | https://www.instagram.com/thestreet/?hl=en #Uber #hack #cybersecurity
- 09/16/2022
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Uber Boss Testifies He ‘Could Not Trust' Ex-Security Chief
- Dara Khosrowshahi is a star witness at the trial of Joe Sullivan, who has been accused of obstructing justice for failing to disclose the 2016 breach.
- 09/16/2022
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Uber: No Evidence of Sensitive Data Breached in Security Incident
- Several internal communications and engineering systems were taken down in wake of hack, The New York Times reports.
- 09/16/2022
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Young hacker tricks way into Uber's system: reports
- Uber said Friday it was investigating a "cybersecurity incident," declining to comment on reports a young hacker had gained access to the ride-hailing company's computer network.
- 09/16/2022
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IPO Stock Of The Week: 'Uber Of Managed Care' Privia Health Boasts RS Line At New High
- Privia Health is a top IPO stock to watch during the stock market sell-off. Shares are holding up despite the stock market volatility.
- 09/16/2022
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UBER Stock Falls 5% on Major Cybersecurity Breach
- It's a somewhat troubling time for Uber Technologies (NYSE: UBER ) stock. Unfortunately, the company has reported a security breach.
- 09/16/2022
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Uber investigates 'cybersecurity incident' after reports of a hack on the company
- The alleged hacker gained control over Uber's internal systems after compromising the Slack account of an employee, according to the New York Times.
- 09/16/2022
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Uber Is Investigating Cybersecurity Breach. The Stock Falls.
- The ride-hailing giant says it's responding to a cybersecurity threat following reports that a hacker had breached its cloud-based infrastructure.
- 09/16/2022
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18-Year-Old Hacker Claims Responsibility for Uber Breach
- Uber is talking to law enforcement after a hacker reportedly breached its internal network, including its Slack server, technology systems, Amazon Web Services, Google clouds, and VMware systems. “We are currently responding to a cybersecurity incident.
- 09/16/2022
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Uber investigating cybersecurity incident after hacker breaches its internal network
- Uber confirmed on Thursday that it's responding to a cybersecurity incident after reports claimed a hacker had breached its internal network.
- 09/16/2022
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Uber Say It's Responding To ‘Cybersecurity Incident' After Alleged Hack Of Internal Databases
- A person claiming to be a hacker has allegedly breached Uber's internal databases, prompting an internal investigation by the company.
- 09/16/2022
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Uber investigates reported cybersecurity incident on Slack
- Uber Technologies Inc (NYSE:UBER) said it has been investigating a cybersecurity incident after a hacker breached a worker's messaging app, Slack, saying the company suffered a data infringement. The hacker also seemed to access other internal communication systems, with an explicit image posted on another page for employees to see, a New York Times report said, citing an Uber spokesperson.
- 09/16/2022
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Uber is investigating a cybersecurity incident after employees got a Slack message that read, 'I am a hacker'
- Employees received a Slack message from an unknown person saying, "I am a hacker," according to Bloomberg.
- 09/16/2022
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Uber looking into computer system hack
- Uber confirmed on Thursday that some of its internal computer systems had been breached by a hacker and it is being investigated. Uber said it was in touch with police about the hack.
- 09/15/2022
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Uber investigating 'cybersecurity incident' after hacker claims to access internal systems
- Uber said Thursday that it was investigating a "cybersecurity incident" after a hacker shared evidence that they had breached the ride-hailing giant's computer systems with journalists and security researchers.
- 09/15/2022
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Uber Investigating Computer System Breach
- Several internal communications and engineering systems taken down in wake of hack, The New York Times reports.
- 09/15/2022
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Uber reportedly investigating data breach
- Uber Technologies Inc. was investigating a data breach Thursday, according to a new report, and took several internal systems offline as it tried to find the extent that its network was compromised.
- 09/15/2022
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Uber investigating computer network breach – report
- A hacker apparently compromised an employee's Slack messaging app and was able to gain access to other internal company systems
- 09/15/2022
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Uber investigating computer network breach- NYT
- Uber Technologies Inc's computer network was breached on Thursday leading it to take several internal communications and engineering systems offline, the New York Times reported.
- 09/15/2022
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Uber Investigating Breach of Its Computer Systems
- The company said on Thursday that it was looking into the scope of the apparent hack.
- 09/15/2022
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FTC sends a warning to Uber, Lyft, DoorDash and other ‘gig-work' companies
- The Federal Trade Commission announced Thursday that it plans to crack down on the exploitation of gig workers, whom the agency said are entitled to protection regardless of their worker classification.
- 09/15/2022
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Uber and its subsidiary pay New Jersey $100 million in back taxes over driver classification dispute
- Uber and one of its subsidiaries paid $100 million to New Jersey after an audit by the state's Department of Labor and Workforce Development determined the ride-share company improperly classified hundreds of thousands of drivers as independent contractors.
- 09/13/2022
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Uber CEO says the company may actually benefit from rising inflation
- The August inflation report isn't all bad for companies like Uber, which said its supply side may actually be benefitting from the inflationary environment.
- 09/13/2022
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Uber pays $100 million fine to New Jersey related to driver classification
- New Jersey's Department of Labor & Workforce Development said Tuesday that Uber Technologies Inc. UBER, -4.80% and a subsidiary submitted a $100 million payment to the agency's Unemployment Trust Fund after an audit determined that the companies wrongfully classified nearly 300,000 drivers as independent contractors. In doing so, Uber and the Rasier LLC subsidiary "[deprived] them of crucial safety-net benefits such as unemployment, temporary disability and family leave insurance, and failed to make required contributions toward unemployment, temporary disability and workforce development.
- 09/13/2022
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Uber pays New Jersey $100 mln in back taxes over driver employment status - NYT
- Uber Technologies Inc has paid New Jersey $100 million in back taxes over misclassification of drivers as contractors, the New York Times reported on Monday. (https://nyti.ms/3B7WQSt)
- 09/12/2022
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Uber may be ‘benefitting from the inflationary environment': here's how
- “Inflation” is one of the most talked-about headwinds for the equities market this year. Interestingly, though, Uber Technologies Inc (NYSE: UBER) says higher consumer prices are actually “helping” it with the supply side of things.
- 09/12/2022
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Uber Agrees to Pay N.J. $100 Million in Dispute Over Drivers' Employment Status
- New Jersey demanded back taxes from the ride-hailing company, claiming it misclassified drivers as independent contractors.
- 09/12/2022
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Uber Technologies, Inc. (UBER) Goldman Sachs Communacopia + Technology Conference 2022 (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Goldman Sachs Communacopia + Technology Conference 2022 September 12, 2022 12:15 PM ET Company Participants Dara Khosrowshahi - CEO Conference Call Participants Eric Sheridan - Goldman Sachs Eric Sheridan Okay. So we're going to get started.
- 09/12/2022
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Our supply side may be benefitting from inflationary environment, says Uber CEO
- Dara Khosrowshahi, Uber CEO, joins 'TechCheck' to discuss what steps he took to put Uber in a position to avoid recessionary impacts, how inflation is hitting Uber's business and insights into the company's financials.
- 09/12/2022
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Final Trades: Uber, Illumina, Goldman Sachs & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/12/2022
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Bringg signs up Uber Direct France for deliveries
- Uber has been expanding its operations with more emphasis on delivering nonfood items. Bringg has been providing delivery management platforms for retail customers around the world, but is always on the hunt for more delivery capacity to improve the experience.
- 09/12/2022
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UBER Stock Jumps on Uber Eats Autonomous Delivery Deal
- Though suffering from a market performance drought this year, ride-hailing specialist Uber (NYSE: UBER ) once again attracted positive attention, this time inking an autonomous services deal that could help drive long-term growth for UBER stock. At the same time, the contract could prove controversial due to its economic and social implications.
- 09/09/2022
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Why urban streets around the world are going car-free
- Some city streets around the world are going car-free to make way for pedestrian plazas. Walkability is gaining popularity, especially with younger generations.
- 09/09/2022
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Uber Technologies, Inc. (UBER) Evercore ISI 2nd Annual Technology, Media & Telcom Conference Call Transcript
- Uber Technologies, Inc. (NYSE:UBER ) Evercore ISI 2nd Annual Technology, Media & Telcom Conference Call September 8, 2022 3:00 PM ET Company Participants Andrew Macdonald - SVP, Mobility & Business Operations Conference Call Participants Mark Mahaney - Evercore ISI Spencer Tan - Evercore ISI Mark Mahaney Good afternoon. I'm Mark Mahaney, Head of Internet Research here at Evercore ISI.
- 09/08/2022
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Lyft and Uber tried to change the law. Driver who was assaulted believes ‘it's a way for Lyft not to be held accountable.
- Lyft Inc. driver Erika Garcia-Galicia voted against a 2020 California ballot initiative that would exempt Lyft and other “gig work” companies from having to treat their drivers as employees instead of independent contractors.
- 09/08/2022
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Uber Eyes Long-Term Future of Robotic Delivery with 10-Year Partnership
- As many restaurants and delivery aggregators test out robotic delivery, Uber has just made a major commitment, a testament to the company's belief in the long-term viability of the technology. Uber announced Thursday (Sept.
- 09/08/2022
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Driverless Food Deliveries Grow: Uber Eats Launching In Calif., Texas This Fall
- The delivery service plans to roll out its fleet of driverless vehicles in Mountain View, California and Houston this fall.
- 09/08/2022
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Uber Eats to Use Autonomous Electric Vehicles for Deliveries
- The company's partnership with driverless vehicle company Nuro kicks off this fall with deliveries in Texas and California.
- 09/08/2022
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Uber partners with Nuro in push for autonomous food, grocery delivery
- Uber Technologies Inc said on Thursday it has partnered with start-up Nuro to test food delivery via unmanned vehicles in some U.S. locations, expanding its tie-ups with companies focused on building self-driving machines.
- 09/08/2022
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Uber partners with Nuro on food deliveries using autonomous EVs starting in the fall
- Uber Technologies Inc. UBER, +3.95% announced Thursday a 10-year partnership with Nuro Inc., to use Nuro's autonomous electric vehicles (AEVs) for food deliveries in the U.S. Financial terms of the partnership were not disclosed. The ride-hailing company's Uber Eats service will start deliveries using Nuro AEVs in the fall, in Houston and Mountain View, Calif.
- 09/08/2022
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Uber Taps Nuro's Street-Legal Robots For Food Deliveries
- The SoftBank-backed developer of street-legal autonomous, electric vehicles, has a long-term partnership with Uber to use its toaster-shaped micro-vans to haul food orders, groceries and other goods in Silicon Valley and Houston.
- 09/08/2022
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Why Uber Stock Jumped 23% in August
- Profitability is significantly improving.
- 09/07/2022
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Is Most-Watched Stock Uber Technologies, Inc. (UBER) Worth Betting on Now?
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/07/2022
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Uber's ex-security chief faces landmark trial over data breach that hit 57m users
- Joe Sullivan's trial is believed to be the first case of an executive facing criminal charges over such a breach
- 09/07/2022
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Uber Expands Services in Sub-Saharan Africa
- Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). According to a news release, the launch involves South Africa, Ghana, Kenya, Côte d'Ivoire and Nigeria and includes an Audio Recording offering, the latest addition to the company's suite of safety features.
- 09/06/2022
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Final Trades: Uber, Booz Allen, Northrop Grumman & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 09/06/2022
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3 Top Tech Stocks Ready for a Bull Run
- Don't toss Uber, Coupang, and Pinduoduo out with the bathwater.
- 09/06/2022
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As Ex-Uber Executive Heads to Trial, the Security Community Reels
- Joe Sullivan, Uber's former chief of security, faces criminal charges for his handling of a 2016 security breach. His trial this week has divided the security industry.
- 09/06/2022
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Why Did Uber Stock Jump In August? What's The Future Outlook?
- Uber stock has rallied during the summer after reporting solid earnings. Growth was strong even after adjusting for business model net benefits.
- 09/02/2022
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Uber Technologies: Don't Buy This Pullback Yet
- Our thesis on Uber Technologies, Inc.'s bottom in June has played out accordingly, as it outperformed the broad market significantly since our previous update. Uber's Q2 earnings release demonstrates that its path toward profitability remains on track, despite the challenging macro environment.
- 09/02/2022
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DoorDash is more innovative than Uber, says JMP Securities' Andrew Boone
- Andrew Boone, JMP Securities managing director, joins 'Power Lunch' to discuss which company he likes more between Uber and DoorDash, what's happened to food delivery share prices this year and more.
- 09/01/2022
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Uber's London fleet to have 10,000 EVs from Moove
- Uber Technologies Inc (NYSE:UBER) is to partner with a fintech startup to add 10,000 electric vehicles (EVs) to London within the next few years. Following its launch in India and Nigeria, Amsterdam-based Moove is expanding its vehicle financing business to the UK.
- 09/01/2022
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3 Stocks the Hedge Fund Crowd Is Buying
- While no shortage of guidance exists regarding investment opportunities, investors with some funds earmarked for speculation may want to consider stocks to buy that hedge funds are also acquiring. The philosophy here is fairly straightforward: Rather than listen to some internet luminary, retail investors can trade alongside market professionals who have skin in the game.
- 08/31/2022
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Uber's new safety toolkit featuring live help from an agent
- Uber is rolling out a revamped safety toolkit featuring live help from an ADT safety agent that will stay in touch with the user and contact 911 if necessary.
- 08/30/2022
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Final Trades: Uber, Industrials, Edison International & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/30/2022
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(UBER) – Is Uber Stock A 'Screaming' Buy? Why Josh Brown Believes The Bottom Is In
- Uber Technologies Inc (NYSE: UBER) shares are outperforming the rest of the stocks in the S&P 500 in August after jumping on earnings at the beginning of the month. The recent strength in the rideshare name led one investor to up his position on Tuesday.
- 08/30/2022
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Uber files: How World Bank-sponsored research on gender painted the company in a positive light
- The recent leak of 124,000 confidential Uber documents has shed light on some of the ethically questionable activities that have arguably helped fuel the ride-hailing company's global rise. Among allegations of law breaking and the secret lobbying of government figures, the "Uber files" show that the company paid academics to produce research on the company—often co-authored with Uber's own employees.
- 08/30/2022
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Uber now lets users text with a safety agent to monitor rides
- Uber is giving riders the ability to connect with a safety agent while taking a nerve-wracking trip, making it the latest feature the company has added in recent years to address safety concerns.
- 08/30/2022
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The Top 5 Growth Stocks That Hedge Funds Are Buying Now
- According to a new report from Goldman Sachs (NYSE: GS ), hedge funds and mutual funds are starting to rotate back into growth stocks from value stocks. These investors are steadily building up their positions in industries like information technology and consumer discretionary.
- 08/29/2022
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Oppenheimer's Jason Helfstein shares tech trades for a choppy market
- Jason Helfstein, Oppenheimer managing director, joins 'The Exchange' to discuss investment plays in the tech sector.
- 08/29/2022
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Can Uber Be Useful and Do Us Good?
- New research suggests that ride services in India might cut pollution. We haven't seen this in the U.S.
- 08/23/2022
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Uber Technologies: Finally Turning The Page
- Uber Technologies' recent quarterly performance suggests that the company is at an inflection point. The driver supply situation appears to have stabilized and the Eats division continues to deliver.
- 08/21/2022
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'Autonomous future is almost upon us,' Uber Freight head says
- Uber Freight Head Lior Ron joins Yahoo Finance Live to discuss self-driving tech, autonomous trucking, reducing the truck driver shortage, and the outlook for an autonomous future. Originally aired on August 16, 2022.
- 08/21/2022
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Ride-Hailing Stocks Reverse After Recent Rally
- Uber, Lyft and Grab benefit from postpandemic reopening, but hit speed bumps.
- 08/19/2022
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These Are The Biggest Companies with Over 30% Sales Growth
- Sales growth is a very important financial metric that investors consider before making a buy decision.
- 08/18/2022
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7 Stocks That Are Still Hedge Fund Favorites
- Many of the hedge fund favorites are technology companies, my analysis of the most popular stocks among the 40 largest hedge funds shows. Additionally, the top five hedge funds in 2022 hold widely followed names like Coca-Cola (NYSE: KO ).
- 08/17/2022
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A water company is shaming the Hamptons' uber-rich for using over 100 times more water than the average American amid water shortage
- The SCWA called for homeowners to cut back on shower times and lawn watering as wealthy Hamptons residents used millions of gallons of water per year.
- 08/16/2022
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Is Uber Bait and Switching Its Way to Profitability?
- Rideshare and delivery giant Uber (NASDAQ: UBER) has seen its stock rally over 50% off its lows but is still down (-26%) on the year.
- 08/16/2022
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Office Depot, Uber Eats Team on Office Supplies Delivery
- Uber Eats is continuing to add to its list of non-food delivery offerings with a new collaboration with Office Depot and its sister company OfficeMax. The partnership, announced in a Monday (Aug.
- 08/15/2022
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DoorDash, Uber Eats Add Non-Restaurant Merchants to Drive Sales Amid Inflation
- As rising food prices have many consumers shifting from costly restaurant orders to more budget-friendly alternatives, third-party aggregators are investing in their non-restaurant categories. DoorDash, the United States' leading restaurant aggregator, announced Monday (Aug.
- 08/15/2022
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Should You Buy Instacart's IPO Hand Over Fist or Avoid At All Costs?
- The food delivery industry has not been kind to investors so far.
- 08/14/2022
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7 Stocks to Watch Following 2022 Layoff News
- As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn't like.
- 08/12/2022
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Privia Health: The Self-Fashioned Uber Of Managed Care Is Extending Its Run
- Privia Health easily beat second-quarter expectations for revenue and practice collections, leading the IPO stock to soar Thursday. The post Privia Health: The Self-Fashioned Uber Of Managed Care Is Extending Its Run appeared first on Investor's Business Daily.
- 08/11/2022
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Uber is going large on advertising; is Deliveroo following suit?
- Today's interim results were a mixed bag of groceries for Deliveroo. While turnover got a 12% boost and transaction volumes moved in the right direction, it wasn't enough to stem deepening underlying (EBITDA) losses of £68mln, a 161% year-on-year increase.
- 08/10/2022
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Earnings: Uber, Marriott among companies returning to healthy hiring rates
- Yahoo Finance anchors Seana Smith, Dave Briggs and Rachelle Akuffo discuss company earnings and positive hiring trends.
- 08/09/2022
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Final Trades: Uber, Nvidia, Telecom & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 08/08/2022
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SoftBank reports record quarterly loss amid Uber, DoorDash downturn
- Yahoo Finance Live anchors Brad Smith, Julie Hyman and Brian Sozzi discuss first-quarter earnings for Softbank Group.
- 08/08/2022
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Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit
- SoftBank said it sold its remaining stake Uber as the Japanese conglomerate looks to raise cash amid mounting losses at its investment unit.
- 08/08/2022
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7 Large-Cap Stocks to Buy Before the Bull Market Returns
- Major companies are trading at a discount right now, resulting in several large-cap stocks to buy before the bull market returns. While nearer-term momentum has brought some bullishness into the arena, the benchmark S&P 500 is down 15% on a year-to-date basis, presenting opportunities for contrarian investors.
- 08/07/2022
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Gig economy stocks popped this week after showing strong demand for their services
- Shares of gig economy companies popped this week as Uber, Lyft, DoorDash and Airbnb posted quarterly reports that showed strong demand.
- 08/05/2022
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Best Stocks To Buy Right Now? 4 Consumer Stocks In Focus
- Here are four trending consumer stocks for your watchlist this month.
- 08/05/2022
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Is Uber Technologies Stock a Buy Now?
- Brighter days could be ahead for the ride-hailing and delivery giant.
- 08/05/2022
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Lyft has been a little brother to Uber, says Wedbush's Dan Ives
- Dan Ives, Wedbush Securities managing director, joins 'Closing Bell: Overtime' to discuss Lyft's second quarter earnings.
- 08/04/2022
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Uber Technologies (UBER) Q2 Earnings Miss, Stock Up 3.2%
- Uber Technologies (UBER) second-quarter 2022 revenues increase year over year while earnings have declined.
- 08/04/2022
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Uber stock looks to extend rally after upgrade
- Shares of Uber Technologies Inc. UBER, +18.90% could be set to extend their gains Wednesday after Raymond James analyst Aaron Kessler upgraded the ride-hailing stock to outperform from market perform in the wake of the company's latest earnings report. Uber's stock was up 1.6% in premarket trading Wednesday after rising nearly 19% in Tuesday's session following the report.
- 08/03/2022
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Uber sells 7.8% stake in India's Zomato for $392 million -sources
- Uber Technologies on Wednesday sold its 7.8% stake in Indian food delivery firm Zomato Ltd for $392 million via a block deal on local exchanges, two sources familiar with the matter told Reuters.
- 08/03/2022
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Fraud charges in hacking case against Uber ex-security chief are dismissed
- A U.S. judge on Tuesday granted a request by prosecutors to dismiss fraud counts against a former Uber Technologies Inc security chief also charged with covering up a 2016 data hack affecting 57 million passengers and drivers.
- 08/02/2022
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Uber Revenue Lifts Travel ETFs
- Uber Technologies Inc. (NYSE: UBER) shares surged Tuesday, lifting travel and transportation sector-related exchange, after the ride-sharing provider's second-quarter revenue beat expectations with business on the rise despite elevated costs. On Tuesday, the ETFMG Travel Tech ETF (AWAY) advanced 2.1% and the iShares Transportation Average ETF (IYT) was 0.7% lower.
- 08/02/2022
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Uber Could Be Set to Sell Stake in India's Zomato
- Uber is most likely the seller of a 7.8% stake in Indian food delivery platform Zomato set to go up for sale Wednesday (Aug. 3). According to a Tuesday (Aug. 2) report from Reuters, a term sheet shows that the offer size of 612 million shares is worth $373 million.
- 08/02/2022
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Dara finally has Uber on the right path, says Wedbush's Ives
- Dan Ives, Wedbush Securities, and Peter Cecchini, Axonic, join 'Power Lunch' to discuss the market's read through from Uber's quarterly earnings results, if Uber's still available at a good value and how Cecchini reads recent earnings results.
- 08/02/2022
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What Stocks To Buy Today? 3 Travel Stocks To Watch
- Could investors be turning their attention to these travel stocks today?
- 08/02/2022
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Why Uber Stock Surged Today
- Drivers are flocking to the ride-hailing platform.
- 08/02/2022
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Uber Gapped Above Its August Pivot Targeting Its 200-Day Simple Moving Average. Here's How To Trade The Stock Now.
- Uber's second-quarter revenue beat analysts expectations. Here's how to trade the hide-sharing company now.
- 08/02/2022
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UBER Stock Just Revved Its Engines. Here's What Comes Next.
- Uber (NYSE: UBER ) is one of this week's earnings winners. It announced it's second quarter 2022 earnings earlier today and Wall Street is pleased.
- 08/02/2022
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Off a small base, Uber Freight profits more than double in Q2
- The small profits that digital brokerage Uber Freight turned in during the first quarter of the year more than doubled in the second three months of 2022. It's off a small base: Uber Freight had earnings before interest, taxes, depreciation and amortization of $2 million in the first quarter, the first time it had been profitable on that basis, and had EBITDA of $5 million in the second quarter, the company said in its second-quarter earnings statement.
- 08/02/2022
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Uber's business is booming even with high gas prices and inflation
- Even higher gas prices and soaring inflation aren't slowing down Uber's rebound from the worst days of the pandemic.
- 08/02/2022
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Uber beats revenue expectations, stock rises
- Yahoo Finance's Dan Howley breaks down Uber second-quarter earnings.
- 08/02/2022
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Uber CEO Khosrowshahi on Pricing, India and Outlook
- Uber CEO Dara Khosrowshahi discusses the impact of inflation on ride-sharing bookings. Speaking with Emily Chang and Guy Johnson on "Bloomberg Markets: European Close," Khosrowshahi also says there are no plans for layoffs or for Uber to withdraw from India.
- 08/02/2022
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Uber's stock surges on positive trends despite big Q2 loss
- Uber's effort to meld its pioneering ride-hailing service with food and freight delivery showed progress during the past quarter even though the company sustained a huge loss stemming from a sharp decline in its outside investments.
- 08/02/2022
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Uber Q2 results: ‘on its way to build a sustainably profitable business'
- Uber Technologies Inc (NYSE: UBER) is up 15% on Tuesday even after the mobility company swung to a $2.60 billion loss for its fiscal second quarter.
- 08/02/2022
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Uber Technologies, Inc. (UBER) CEO Dara Khosrowshahi on Q2 2022 Results - Earnings Call Transcript
- Uber Technologies, Inc. (NYSE:UBER ) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Balaji Krishnamurthy - Head, IR Dara Khosrowshahi - CEO & Director Nelson Chai - CFO Conference Call Participants Ross Sandler - Barclays Bank Douglas Anmuth - JPMorgan Chase & Co. Brian Nowak - Morgan Stanley Mark Mahaney - Evercore ISI Bradley Erickson - RBC Capital Markets Eric Sheridan - Goldman Sachs Group Deepak Mathivanan - Wolfe Research Lloyd Walmsley - UBS James Lee - Mizuho Securities Justin Post - Bank of America Merrill Lynch Operator Ladies and gentlemen, thank you for standing by. My name is Brent, and I will be your conference operator today.
- 08/02/2022
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Uber's Delivery Gains Place Platform Squarely in Amazon's ‘Last Mile' Crosshairs
- For Uber, its platform is the launching pad, the point of pivot that helps the company broaden its horizons, branching out beyond ride-hailing.
- 08/02/2022
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Uber's Results Gas Up Rivals
- The ride-share company's strong second-quarter commentary drove up competitors' stocks on Tuesday, perhaps prematurely.
- 08/02/2022
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Uber shares soar on record second-quarter bookings
- Uber Technologies Inc (NYSE:UBER) posted all-time high gross bookings in its second-quarter update released today, and expects to break that figure in the third quarter, although net losses amounted to US$2.6bn. Gross bookings grew 33% year-over-year to US$29.1bn, while revenue grew 105% to US$8.1bn.
- 08/02/2022
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Uber surges 16% after strong ride-hailing demand in the 2nd quarter helps it inch closer to profitability
- "Last quarter I challenged our team to meet our profitability commitments even faster than planned—and they delivered," Uber's CEO said.
- 08/02/2022
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Uber turns the corner, generates massive pile of free cash flow in Q2
- The question of whether or not Uber would be able to self-support was at least partially answered Tuesday with the company's second quarter earnings report.
- 08/02/2022
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Uber Second-Quarter Results Beat On Revenue, Stock Pops
- Uber stock jumped after the provider of ride-sharing services reported second quarter results early Tuesday that came in better-than-expected. The post Uber Second-Quarter Results Beat On Revenue, Stock Pops appeared first on Investor's Business Daily.
- 08/02/2022
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Uber stock jumps premarket on revenue beat, earnings loss
- Yahoo Finance Live anchors Brad Smith, Julie Hyman and Brian Sozzi discuss second-quarter earnings for Uber.
- 08/02/2022
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Uber revenue up 105% year over year – stock explodes to the upside
- Uber Technologies (NYSE: UBER) surged more than 13% in premarket trading after releasing its earnings report on August 2.
- 08/02/2022
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Uber reports quarterly loss, but beats on revenue
- CNBC's 'Squawk Box' breaks down Uber's second-quarter earnings report. The ride-hailing company reported a quarterly loss but beat Wall Street's revenue estimates.
- 08/02/2022
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Uber bookings hit all-time high in last three months as workers returned to offices
- Passengers took 1.87bn trips during the spring and early summer, company says, a 24% increase compared with same time last year
- 08/02/2022
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Uber rides, delivery and revenue beat expectations
- Uber Technologies Inc. stock rose sharply premarket Tuesday as the ride-hailing and delivery giant reported second-quarter revenue that more than doubled, beating expectations.
- 08/02/2022
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Uber posts stronger operating income as quarterly revenue doubles
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Uber Is Cash Flow Positive for First Time. The Stock Soars.
- Revenue at the ride-hailing giant grows by 105% in the second quarter.
- 08/02/2022
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Uber stock jumps more than 10% after sales more than double to beat expectations
- Shares of Uber Technologies Inc. UBER, +4.90% shot up 10.8% toward a three-month high in premarket trading Tuesday, after the ride-hailing and delivery services company swung to a second-quarter loss but reported a more than doubling in revenue that beat expectations by a wide margin. The company reported a second-quarter loss of $2.60 billion, or $1.33 a share, after net income of $1.14 billion, or 58 cents a share, in the year-ago period.
- 08/02/2022
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Uber turns cash flow positive for the first time
- Uber Technologies Inc on Tuesday reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
- 08/02/2022
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Uber reports another big loss but beats on revenue, shares pop 10%
- Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue.
- 08/02/2022
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Inflation-Hammered Food Delivery Expected to Drag Uber's Earnings
- Uber's food-delivery business should show strain from the historic inflation hammering the U.S. when the company posts its quarterly earnings this week. As Reuters reported Monday (Aug. 1), analysts expect the company to report second-quarter revenue of $7.39 billion, an 88.2% increase from the second quarter of 2021.
- 08/01/2022
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Uber is incredibly diversified, says Jefferies' Brent Thill
- Brent Thill, Jefferies equity analyst, joins 'The Exchange' to discuss ride share stocks ahead of their earnings reports.
- 08/01/2022
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Uber Eats in focus as inflation-hit consumers rethink ordering in
- The food-delivery business that kept Uber Technologies' earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter results due on Tuesday as decades-high inflation crimps consumer spending.
- 08/01/2022
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The Future of Transportation Lies in Flying Cars' $10 Trillion Market
- Source: klyaksun / Shutterstock If I were to ask you to imagine the future of transportation , what would you picture? Probably electric vehicles everywhere.
- 08/01/2022
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Is Uber Now Cheap Enough to Buy Shares?
- The mobility platform's stock is down 45% so far this year.
- 07/30/2022
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Uber courts drivers by letting them pick rides
- Uber on Friday said it will let drivers in the United States see trip details before deciding whether to accept them—a new feature long sought by drivers.
- 07/30/2022
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Uber introduces changes to ride-share features, VF Corporation reports earnings miss
- Yahoo Finance Live examines several of today's trending stocks, including Uber's ride-share change to cut down on wait times and gas fees, VF Corporation's retail sales, and AbbVie's earnings miss amid litigation on its opioid drug.
- 07/29/2022
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Apple, Amazon & Big Tech Showcase Their Earnings Power Once Again
- No company is completely immune from cyclical forces.
- 07/29/2022
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Uber unveils new features, including one that lets drivers choose the trips they want
- Uber announced a series of new features Friday aimed at enhancing drivers' experiences on the ridesharing app.
- 07/29/2022
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India's Ola, Uber in merger talks - ET
- Indian cab aggregator Ola and Uber Technologies Inc are considering a potential merger, the Economic Times reported on Friday, citing sources familiar with the matter.
- 07/29/2022
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Uber Unveils Driver Perks, Debit Card
- Uber has introduced a pair of features it said are designed to provide more flexibility and opportunities for the company's drivers.
- 07/29/2022
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Is a Beat Ahead for Uber Technologies (UBER) in Q2 Earnings?
- Uber Technologies' (UBER) second-quarter 2022 revenues are expected to have improved year over year.
- 07/29/2022
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Uber adds driver incentives in U.S. ahead of results report
- Uber Technologies Inc's CEO said the company is expanding a program in the United States to show drivers fare value and routes before accepting rides, part of its efforts to bring on more drivers.
- 07/29/2022
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Will Amazon and GrubHub take a bite out of Uber and DoorDash's food-delivery dominance?
- Amazon.com Inc. is jumping further into the food-delivery business by teaming up with Grubhub, just as some analysts say they see the pandemic-induced spike in that market slowing. So what does that mean for dominant U.S. delivery companies Uber Technologies Inc. and DoorDash Inc.?
- 07/29/2022
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Advantages GM Cruise Has Over Uber
- Uber is growing again in the very large ridesharing and delivery market, but it struggles to be profitable because more than 75% of the costs go to drivers. Autonomous ride services, which will replace drivers and significantly reduce costs, will displace ridesharing.
- 07/27/2022
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Uber doesn't have to offer wheelchair accessibility, judge rules
- SAN FRANCISCO — A California federal judge has rejected a legal push to require Uber to provide wheelchair-accessible vehicles, finding that such a mandate would be too onerous on the ride-hailing company.
- 07/26/2022
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Uber need not provide wheelchair access everywhere, U.S. judge rules
- A U.S. judge said Uber Technologies Inc did not violate a federal law protecting people with disabilities by not offering wheelchair-accessible vehicles in every market the ride-sharing company serves.
- 07/26/2022
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Uber, Moove Team to Drive Expansion in India
- Africa-based mobility FinTech Moove is partnering with rideshare and delivery platform Uber to drive expansion into India as part of Moove's effort to grow its footprint around the globe, according to a Monday (July 25) press release.
- 07/25/2022
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Uber enters non-prosecution agreement, admits covering up 2016 data breach
- Uber Technologies Inc has entered a non-prosecution agreement to resolve a criminal investigation into its cover-up of a significant data breach, U.S. Attorney Stephanie Hinds in San Francisco said on Friday.
- 07/22/2022
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Uber Eats Boosts Grocery Delivery with Off-Hours Shopping
- As restaurant aggregators look to drive more value from their driver networks and outperform competitors, many are turning to grocery delivery to give them that edge. Uber, for its part, announced Thursday (July 21) a “new grocery experience” including new capabilities for consumers and merchants.
- 07/21/2022
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Uber Eats launches ‘most comprehensive update yet' to grocery delivery
- Two years after introducing grocery delivery to Uber Eats, the platform just put out its “most comprehensive update yet.” Uber Eats on Thursday revealed several new features it plans to add to its grocery delivery service in the coming weeks, including an option for customers to schedule deliveries from stores that are closed.
- 07/21/2022
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Documents reveal extent of Uber's lobbying of Daniel Andrews' government to legalise its operation
- Leak shows how Uber sought to influence key players in Labor government and launched an ‘aggressive' campaign against taxi industry
- 07/21/2022
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Uber updates grocery delivery service with after-hours ordering and more
- Uber announced the most comprehensive update to its grocery delivery service on Thursday since its initial launch in 2020.
- 07/21/2022
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UK union staged 24-hour strike in response to Uber Files leak
- The UK's App Drivers and Couriers Union (ADCU) staged a 24-hour strike Wednesday to demand Uber be held accountable for the findings of the Uber Files, a trove of thousands of leaked confidential documents that show how the ride-hail company broke laws, secretly lobbied governments and exploited driver safety to expand aggressively from 2013 to
- 07/20/2022
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Uber will pay over $2 million to disabled riders after charging them with waiting fees, and it might have to pay millions more
- Uber settled with the DOJ to pay over $2 million to disabled riders who were charged and agreed to credit the accounts of 65,000 people.
- 07/19/2022
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Uber Pays Millions on Justice Department Suit Regarding Overcharging Disabled Riders
- The U.S. Department of Justice on Monday (July 18) settled with Uber Technologies for several million dollars related to a lawsuit that alleged Uber violated the Americans with Disabilities Act by overcharging more than 65,000 riders with disabilities, according to a DOJ press release.
- 07/18/2022
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Uber to pay millions for overcharging people with disabilities
- Uber has agreed to settle a lawsuit alleging that the ride-hail company violated the Americans with Disabilities Act (ADA) by overcharging riders with disabilities.
- 07/18/2022
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Uber Announces Date of Second Quarter 2022 Results Conference Call
- SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its second quarter 2022 financial results on Tuesday, August 2, 2022 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber's Investor Relations website at investor.uber.com. A replay of the conference call will be accessible for at least 90 days. Disclosure Information Uber uses and intends
- 07/18/2022
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Uber to Pay Millions to Settle Fees Charged to Passengers With Disabilities
- The Department of Justice says Uber's wait time fees were discriminatory.
- 07/18/2022
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Uber settles US lawsuit over disabled rider 'wait fees'
- Uber will offer several million dollars in compensation to tens of thousands of passengers with disabilities who were charged extra fees, US prosecutors said Monday.
- 07/18/2022
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Uber Will Pay Over $2 Million To Settle Claims It Overcharged Customers With Disabilities
- The Department of Justice filed a lawsuit in 2021 alleging Uber violated the Americans with Disabilities Act by charging wait fees for passengers with disabilities.
- 07/18/2022
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Uber to pay millions to settle suit over charging wait fees to riders with disabilities
- Uber Technologies Inc. has reached a multimillion-dollar settlement on federal charges that the company discriminated against riders with disabilities by charging them wait-time fees for the extra time it took for them to enter a vehicle.
- 07/18/2022
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Uber to pay more than $2mln to settle U.S. disability lawsuit
- Uber Technologies Inc will pay more than $2 million and waive wait time fees for disabled passengers to settle federal authorities' allegations that the ride share company had violated the Americans with Disabilities Act, the U.S. Department of Justice said on Monday.
- 07/18/2022
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Can AI Replace People? - The Truck Driving Case Study
- In the present macroeconomic environment, there are many areas of employment where we might wonder whether it could make sense to have humans less involved. If we can take people away from certain tasks, then there would be no more need for wages.
- 07/15/2022
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Uber faces 550-passenger lawsuit over alleged rape and assault in US
- Firm accused of failing to protect women from kidnap, false imprisonment and sexual battery
- 07/14/2022
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Is Most-Watched Stock Uber Technologies, Inc. (UBER) Worth Betting on Now?
- Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/14/2022
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Uber sued by more than 500 female passengers over sexual assaults, other attacks on rides
- Rideshare company Uber has been hit with a class action lawsuit involving hundreds of women who claim they were attacked by drivers due to lax security.
- 07/13/2022
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Big tech's reckoning won't stop with Uber
- Life for big tech companies looks increasingly different to how it did five years ago. Back then, Uber Technologies Inc. used a secret "kill switch" to thwart police from probing its data systems in more than a dozen countries.
- 07/13/2022
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Will Amazon's Grubhub Deal Kill Uber and Doordash's Food-Delivery Dreams?
- The e-commerce giant is trying to help Grubhub disrupt the food-delivery space.
- 07/13/2022
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The problem with Uber's ‘break it till you make it' tactics
- Why the tech giant's aggressive approach to growth may only encourage future startups. Plus: the latest in Elon's Twitterverse
- 07/13/2022
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Uber paid for studies that backed its business model, and is fighting disclosure of current lobbying efforts
- Uber Technologies Inc. reportedly paid high-profile academics in the United States and Europe to produce reports that could be used in the company's lobbying, while continuing to fight a push to disclose more information about its current lobbying.
- 07/12/2022
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Why Uber Stock Tumbled 51% in the First Half of the Year
- All growth and no profits is no longer popular.
- 07/12/2022
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Make Millions in Flying Car Stocks Before They Take Off
- Next-gen aircraft is here and will take center stage in 2024. Grab flying car stocks today to get the jump on the future of travel.
- 07/12/2022
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Uber looked to find 'someone aligned with Putin' and paid a pro-Kremlin lobbyist $300,000 as it sought to grow its influence in Russia, report says
- Uber approached a key associate of oligarch Roman Abramovich in 2015 to see if the billionaire wanted to invest in the company.
- 07/12/2022
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Uber paid academics up to $100,000 for research used to spearhead positive media coverage
- Uber was thrilled with an FT story quoting the consultant academics. One person wrote, "Wow!" — praising the team who "landed it."
- 07/12/2022
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‘They were taking us for a ride': how Uber used investor cash to seduce drivers
- Firm faces ongoing battles over workers' rights and unpaid waiting times after drawing in drivers with huge subsidies
- 07/12/2022
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Lobbyist Mark MacGann comes out as Uber Files whistleblower
- Lobbyist Mark MacGann on Monday came out as the whistleblower who leaked thousands of compromising documents on US ride-hailing firm Uber to British newspaper The Guardian.
- 07/12/2022
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Uber allegedly took extreme steps to aggressively expand worldwide, new report shows
- Aaron Davis, an investigative reporter with The Washington Post, joins CNBC's "The News with Shepard Smith" to report on the so-called The Uber Files, a leak of corporate documents that allegedly show that Uber took extreme steps to expand worldwide.
- 07/11/2022
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Uber Files: Whistleblower Behind Massive Leak Comes Forward
- Uber's former chief European lobbyist leaked over 124,000 company files to The Guardian.
- 07/11/2022
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Uber whistleblower: Company ‘massaged the facts to earn the trust of drivers, of consumers and of political elite'
- That was the reason Mark MacGann, a former Uber Technologies Inc. UBER, -4.63% executive, gave for leaking more than 124,000 confidential documents that give a detailed, damning look into the inner workings of the ride-hailing giant from 2013 to 2017.
- 07/11/2022
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Instacart, Uber, Others Turn to Driver Perks to Combat Capacity Constraints
- As driver labor challenges persist, delivery services are challenged to work harder to attract and retain the gig workers that make their model possible, or else they risk alienating their customers with poor service and frustrating capacity constraints.
- 07/11/2022
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Leaked Uber documents show that the company went to aggressive lengths in order to expand
- Hundreds of thousands of leaked Uber documents obtained by The Guardian and shared with a consortium of news outlets show how during its most aggressive period of growth, the ride-hailing company reportedly employed secret technology to thwart police investigations, sought favors from high-ranking government officials and even perceived a silver lining in possible violent clashes between its drivers and taxicab operators.
- 07/11/2022
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Goldman's Eric Sheridan discusses outlook for Meta, Amazon and Uber
- Eric Sheridan, Goldman Sachs managing director, joins 'TechCheck' to discuss how advertising dollars hold on despite a recession, if Meta is making aggressive enough moves on company costs and who really has the value in the internet space.
- 07/11/2022
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Goldman's Eric Sheridan discusses outlook for Meta, Amazon and Uber
- Eric Sheridan, Goldman Sachs managing director, joins 'TechCheck' to discuss how advertising dollars hold on despite a recession, if Meta is making aggressive enough moves on company costs and who really has the value in the internet space.
- 07/11/2022
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Uber's Lawlessness Began With Good Intentions; Could It Have Been Saved From Going Wrong?
- Uber's reputation is for playing fast and loose with the law. Yet they were born by breaking regulations that needed to be broken and would not be any other way.
- 07/11/2022
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The Uber whistleblower: I'm exposing a system that sold people a lie
- Exclusive: Mark MacGann says he has decided to speak out about firm to ‘right some fundamental wrongs'
- 07/11/2022
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UBER Stock Slides on Reports of Political Lobbying, Lawbreaking
- From secret lobbying to duping the police, the accusations are mounting against Uber. As a result, UBER stock is looking like a car wreck.
- 07/11/2022
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Guardian Report Pressures Ride-Sharing Stock Lower
- Uber Technologies Inc (NYSE:UBER) is in hot water this morning, after The Guardian reported the company breached taxi regulations and secretly lobbied governments in its global expansion.
- 07/11/2022
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Uber leak shows past underhanded practices, stock declines
- Yahoo Finance anchors Brian Sozzi, Julie Hyman and Brad Smith break down new reports over Uber's unsavory practices in the past and what that means for the stock today.
- 07/11/2022
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'Uber Files' reveal ride-hailing app's murky past
- Leaked documents show Uber Technologies Inc (NYSE:UBER) allegedly lobbied officials to drop investigations as part of a range of methods to establish itself in a number of countries. The ride app also used a "kill switch" to evade law enforcement and channelled money through Bermuda and other tax havens, according to the allegations.
- 07/11/2022
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Uber Files Leak May Push Forward EU Gig Worker Legislation
- Uber's past ghosts are still chasing the company, and the recent revelations exposing how top politicians secretly helped Uber to grow may have consequences beyond reputational damage. On Sunday, July 10, The Guardian revealed thousands of leaked files explaining the extensive help Uber got from leaders such as Emmanuel Macron and ex-EU Commissioner Neelie Kroes.
- 07/11/2022
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Ex-Uber CEO Travis Kalanick threw shade at Biden for turning up late to a 2016 meeting at Davos: 'Every minute late he is, is one less minute he will have with me'
- The revelation was in the 'Uber Files,' a sweeping investigation on the ride-sharing app which drew from a vast trove of documents
- 07/11/2022
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Leaked Uber Files: What You Need To Know
- An investigation revealed how Uber Technologies Inc (NYSE: UBER) used morally questionable and potentially illegal tactics to fuel its frenetic global expansion almost a decade ago. The Guardian and the International Consortium of Investigative Journalists' probe.
- 07/11/2022
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The Moscow moves: how Mandelson's firm helped Uber reach Russian elite
- Leak shows how the former Labour minister used his access to pro-Kremlin oligarchs, including some now under sanctions
- 07/11/2022
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EU Commission seeking info from former EU digital chief Kroes on Uber
- The European Commission has asked former EU digital chief Nellie Kroes for more information on her alleged involvement in lobbying for U.S. ride-hailing app Uber, a Commission spokesperson said on Monday.
- 07/11/2022
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‘We needed Dave and George to lean on Boris': Uber's battle for London
- The US firm used Tory connections to wage a relentless UK lobbying campaign, leaked files show
- 07/11/2022
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Uber Leak Reportedly Reveals Battles With Governments, Taxi Firms and Labor Laws
- Over 124,000 leaked documents obtained by The Guardian outline the ride-hailing startup's aggressive expansion tactics from 2013 to 2017.
- 07/10/2022
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Uber flouted laws, duped police, exploited violence against drivers and secretly lobbied govts - leaked files reveal
- Uber lobbied officials to drop investigations, used a "kill switch'' to thwart regulators and law enforcement and considered exploiting violence against its drivers to gain public sympathy as it aggressively expanded into global markets, according to analysis of a leaked batch of confidential documents.
- 07/10/2022
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Uber defied laws, lobbied, used ‘stealth' tech to block government scrutiny: report
- WASHINGTON — As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered portraying violence against its drivers as a way to gain public sympathy, according to a report released Sunday.
- 07/10/2022
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Uber used a secret tactic known as the 'kill switch' to block law enforcement from accessing company data during police raids, leaked documents show
- Uber execs blocked authorities from accessing company data at least 12 times during European office raids, documents leaked to the Guardian reveal.
- 07/10/2022
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Leaked documents reveal Uber's secretive relationship with top politicians
- Leaked documents show Uber's relationship with top European politicians, including French President Emmanuel Macron while he was serving as minister of the economy.
- 07/10/2022
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Leaked Uber docs reveal bare-knuckle expansion tactics: investigation
- A leaked cache of confidential files from ride-sharing app Uber illustrates ethically dubious and potentially illegal tactics the company used to fuel its frenetic global expansion beginning nearly a decade ago, a joint media investigation showed Sunday.
- 07/10/2022
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Uber Courted Politicians To Help It Expand Worldwide Despite ‘Other Than Legal' Status, Leaked Docs Reportedly Show
- More than 124,000 documents leaked to The Guardian show how the rideshare startup expanded rapidly to become one of the biggest tech names in the world.
- 07/10/2022
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‘Violence guarantees success': how Uber exploited taxi protests
- Leak suggests former CEO believed there was an upside to attacks on drivers as firm campaigned for law changes
- 07/10/2022
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2 Butchered Technology Stocks to Consider
- The latest inflation numbers show an 8.6% rate, which is the highest level since 1981 and well above the Federal Reserve's 2% target. To curb this high inflation, Fed Chairman Jerome Powell hiked the federal funds rate by 75 basis points to a 1.5% to 1.75% range in June.
- 07/06/2022
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Why Uber Stock Is Tapping The Brakes Today
- Uber Technologies Inc (NYSE: UBER) shares are trading lower Wednesday after Amazon.com Inc (NASDAQ: AMZN) acquired a 2% stake in competitor company Grubhub. Amazon will receive warrants over 2% of Grubhub's fully-diluted common equity.
- 07/06/2022
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Amazon takes stake in Grubhub, adds food delivery perks to Prime
- As part of the agreement, Amazon has the option to acquire a 2% stake in Grubhub.
- 07/06/2022
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Uber Brings Ride-Hailing Platform to Israel
- Uber Technologies is continuing its global expansion with a launch in Israel that is facilitated by joining its ride-hailing platform with a nationwide taxi network, according to a Reuters report Tuesday (July 5). Thousands of independent and company-tied taxi drivers have joined Uber's Israeli operation, with the service also featuring ridesharing, primarily for passengers in […]
- 07/05/2022
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Uber continues global expansion with launch in Israel
- Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a nationwide network of licensed taxis, as it continues to expand globally.
- 07/05/2022
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Uber Eats' BitPay Integration Allows Users to Pay With Crypto
- The BitPay Card can be used anywhere Mastercard can be used, including with DoorDash and Uber Eats, according to a post on BitPay's blog. “Use the card with DoorDash, Uber Eats, GrubHub and any other food delivery service.
- 07/03/2022
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Uber: Finally Turning Bullish
- Uber stock has significantly underperformed the market as it has fallen close to 50% YTD. We cautioned investors in our previous article that Uber didn't deserve its growth premium. However, Uber's free cash flow profitability is expected to improve markedly even as revenue growth slows. Therefore, it could help underpin its valuation if it can execute well.
- 07/03/2022
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Uber, Lyft drivers switch to Teslas amid high gas prices
- This segment originally aired on June 28, 2022. Yahoo Finance's Dan Howley joins the Live show to discuss Uber and Lyft drivers switching over to EVs amid rising gas prices.
- 07/02/2022
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UBER's Delivery Business Aids Growth Despite Expense Woes
- Expansion of its Delivery operations and a recovery in the Mobility business are boosting Uber Technologies (UBER). However, a rise in total costs and expenses is a headwind.
- 07/01/2022
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Uber releases safety data: 998 sexual assault incidents including 141 rape reports in 2020
- Even as its ridership was decimated by the pandemic in 2020, Uber recorded 141 reports of rape on its platform in the United States, the company disclosed in its safety report released Thursday.
- 06/30/2022
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Better Tips For Uber Drivers, Consider Getting A Tesla
- Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.
- 06/29/2022
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Google, Twitter and 24 Other Tech Companies Get Lower Estimates by J.P. Morgan. But Amazon, Booking and Uber Remain Its Top Picks.
- As consumer spending slows, fuel costs rise, and chances of recession remain high, J.P. Morgan tech analysts moved to lower their financial expectations for all companies in their coverage on Wednesday.
- 06/29/2022
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Uber inks deal for Australian gig worker rights
- Uber has reached a deal with a powerful Australian union after years of legal battles, campaigns and negotiations that will offer 100,000 drivers and food delivery workers more protections.
- 06/29/2022
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Uber, Lyft Drivers Switch to Teslas as Gas Prices Soar
- Bloomberg's Ed Ludlow joins Emily Chang to discuss why some Uber and Lyft drivers are finding that renting or buying a Tesla, the luxury electric car, has become a more profitable option amid soaring gas prices.
- 06/28/2022
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Uber ex-security chief accused of hacking coverup must face fraud charges, judge rules
- A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers.
- 06/28/2022
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Uber agrees to Australia minimum pay body after similar moves in Britain, Canada
- Uber Technologies Inc and Australia's main transport union agreed on Tuesday to back a federal body that enforces minimum pay for the company's drivers, joining a global thawing of relations between the ride-hailing giant and industrial bodies.
- 06/28/2022
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Uber Pool becomes UberX Share
- Uber is restarting their shared rides option in several U.S. cities after it wasn't available for more than two years due to the pandemic. Yahoo Finance Senior Autos Reporter Pras Subramanian discusses further on June 21.
- 06/26/2022
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UBER Resumes Shared Rides Service Across Some U.S. Cities
- UBER resumes shared rides service in some cities after years of suspension due to the pandemic. The service is expected to expand to other places this summer.
- 06/22/2022
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Uber, Lyft drivers claim price-fixing in lawsuit against companies
- A group of drivers for Uber and Lyft on Tuesday accused the companies of unfairly controlling how much passengers are charged for rides in an antitrust lawsuit in California state court.
- 06/22/2022
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JetBlue ups bid for Spirit Airlines, Uber brings back carpool option, Elon Musk predicts recession
- Yahoo Finance anchors Seana Smith, Dave Briggs and Pras Subramanian discuss three stocks to watch: Spirit Airlines, Uber, and Tesla.
- 06/21/2022
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Drivers accuse Uber and Lyft of price-fixing, antitrust violations in attempt at class-action lawsuit
- Three ride-hailing drivers in California sued Uber Technologies Inc. and Lyft Inc. on Tuesday, accusing the companies of antitrust violations that include price-fixing in a lawsuit seeking class-action status.
- 06/21/2022
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Uber, Lyft drivers claim price-fixing in lawsuit against companies
- A group of drivers for Uber Technologies Inc and Lyft Inc on Tuesday accused the companies of unfairly controlling how much passengers are charged for rides in an antitrust lawsuit in California state court.
- 06/21/2022
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Uber restarts shared rides in some U.S. cities
- Yahoo Finance's Pras Subramanian joins the Live show to discuss the return of Uber's shared ride feature.
- 06/21/2022
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Uber is bringing back shared rides to 9 US cities
- Uber is restarting shared rides in a handful of major US cities after a more than two-year hiatus due to the pandemic, the company announced on Tuesday.
- 06/21/2022
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Drivers' Lawsuit Claims Uber and Lyft Violate Antitrust Laws
- They accuse the companies of depriving them of employee benefits while also denying them the freedoms of independent contractors.
- 06/21/2022
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Uber Restarting Shared Rides In Some Major U.S. Cities
- Uber previously suspended shared ride services at the beginning of the pandemic in March 2020.
- 06/21/2022
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Uber brings back ‘Uber Pool' under a new name in NYC and other cities
- Uber is bringing back a feature that allows customers in large US cities to pay lower fares in exchange for sharing rides with strangers, the company said Tuesday. The introduction of “UberX Share” feature — a rebrand of the option formerly known as “Uber Pool” — comes more than two years after Uber and Lyft.
- 06/21/2022
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Uber Revives Shared Rides With UberX Share in New York, Los Angeles, Chicago
- UberX Share riders can get a discount if another person is picked up along the way.
- 06/21/2022
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Uber restarting shared rides in U.S. cities like New York and San Francisco
- Uber and Lyft suspended shared rides in March 2020 as the Covid-19 pandemic began to ravage communities across the globe.
- 06/21/2022
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7 Stocks Seeing Significant Insider Buying
- One of the best ways to spot potential opportunities is by tracking insider buying. After all, these people know their company best.
- 06/21/2022
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Evercore says "Buy" Uber & Lyft
- The "Halftime Report" traders debate the biggest analyst calls of the day.
- 06/17/2022
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PITCH-DECK LIBRARY: Search over 750 pitch decks that startups including Uber, Postmates, and Airbnb used to raise millions
- Business Insider has obtained scores of pitch decks used by startups to persuade VCs and other investors to fund them. You can search for them here.
- 06/16/2022
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Remember Foursquare? The location tech used by Apple, Uber and Coca-Cola knows you
- Foursquare was an early leader in the iPhone-based location services economy, but shifted much of its focus to consumer location data for big brands.
- 06/16/2022
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Why Uber Technologies Stock Is Falling Today
- Uber Technologies Inc (NYSE: UBER) shares are trading lower Thursday amid overall market weakness as stocks fall following Wednesday's Fed rate hike announcement. The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in what was.
- 06/16/2022
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UBER-Backed Massachusetts Ballot Measure Sees Obstacles
- In a setback to UBER, Massachusetts' top court blocks a November ballot measure aimed at retaining the independent contractor status for its drivers while offering them enhanced benefits.
- 06/16/2022
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Hedge Fund Tiger Legatus Is Shutting Down. It Was Betting Big on These 10 Stocks.
- After 13 years, Tiger Legatus will officially shut down. The fund owns 12 names in its portfolio, including UBER and DKNG stocks.
- 06/15/2022
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Massachusetts court quashes Uber, Lyft, and other ride-hailing companies' $17.8 million attempt to call gig workers contractors
- The court's justices said the proposal did not meet Massachusetts' constitutional requirements to limit ballot measures to related subjects.
- 06/15/2022
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Massachusetts court rejects Uber- and Lyft-backed effort to keep gig workers independent
- There will be no November ballot initiative in Massachusetts to maintain the independent contractor status of app-based delivery drivers. In a decision that many observers had expected, the Massachusetts Supreme Judicial Court said the initiatives backed by Uber and Lyft had failed to pass the state's requirement that a ballot initiative “must contain only related or mutually dependent subjects.
- 06/14/2022
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2 stocks not to buy during a recession
- The economic outlook is currently clouded with uncertainties, with the lingering pandemic, Russian invasion of Ukraine, and lockdowns in China.
- 06/14/2022
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Uber Minus The Delivery Segment? Buy Uber, Sell DoorDash
- Uber has a number of competitive advantages that we appreciate, but we are not big fans of the delivery segment that operates near break-even. DoorDash operates a similar delivery business to Uber, but it has demonstrated less operating leverage, and we do not see a path to profitability for the company.
- 06/13/2022
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Uber's lost and found report includes tater tots, teeth and slime
- Uber has released a list of items that passengers left behind in cars and it includes some truly bizarre things, like tater tots and grandma's teeth.
- 06/11/2022
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Tech: Uber exec exodus
- In today's edition: Another Uber executive is leaving the company, and Apple has plans for a new laptop.
- 06/10/2022
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Uber CEO on the impact of a possible recession, driver supply
- CNBC's Jim Cramer spoke with Uber CEO Dara Khosrowshahi on Thursday's episode of "Mad Money."
- 06/09/2022
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Uber Technologies, Inc. (UBER) CEO Dara Khosrowshahi Presents at Bank of America 2022 Global Technology Conference (Transcript)
- Uber Technologies, Inc. (NYSE:UBER ) Bank of America 2022 Global Technology Conference Call June 9, 2022 11:00 AM ET Company Participants Dara Khosrowshahi - Chief Executive Officer Conference Call Participants Question-and-Answer Session Q - Unidentified Analyst Go ahead and get started about 8 o'clock. Very pleased to introduce Dara Khosrowshahi.
- 06/09/2022
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Is Uber A Buy, Sell, Or Hold At Its Current Price?
- Uber's stock price has fallen by -41.2% year-to-date, as a result of investor concerns over weak consumer sentiment, regulatory headwinds, and the possibility of increased driver incentives. But UBER's Q1 2022 financial performance surpassed expectations, and I have a positive view of the company's long-term prospects.
- 06/09/2022
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Uber could be a $53 stock: ‘time to start accumulating position'
- Uber Technologies Inc (NYSE: UBER) is up 4.0% on Wednesday after a Barclays analyst said the stock could more than double from here. Uber could benefit from a recession Ross Sandler reiterated his “overweight” rating on Uber this morning and raised his price target further to $53 a share.
- 06/08/2022
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Jim Cramer says now is the time to build a position in Uber
- 'Mad Money' host Jim Cramer explains why he's bullish on shares of ride-hailing company Uber ahead of the open.
- 06/08/2022
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Waymo Via, Uber Freight Sign Partnership on Self-Driving Trucks
- Waymo Via, Alphabet's self-driving trucking unit, has signed a deal with Uber's Freight business to help future customers deploy autonomous trucks more easily, Reuters wrote Tuesday (June 7). The partnership could see future Waymo customers able to use Freight better to plan their fleets.
- 06/07/2022
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Uber and Waymo fought in court over self-driving trucks. Now they're teaming up
- Uber and Alphabet's Waymo, which were once embroiled in a lawsuit over self-driving technology, are now working together on fully autonomous trucks.
- 06/07/2022
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Uber Eats Follows DoorDash's Lead with Nationwide Shipping
- As restaurant aggregators attempt to stand out from competitors, racing to meet all of the consumers' food needs, some are expanding their focus from the local scale to the national. On Tuesday (June 7), Uber Eats announced the launch of nationwide shipping, a feature by which consumers can send foods from local favorite food and […]
- 06/07/2022
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Waymo and Uber Partner to Deploy Self-Driving Trucks at Scale
- Autonomous freight could shake up the industry, and with this partnership the Waymo Driver is getting scale.
- 06/07/2022
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Uber Freight and Waymo Via envision autonomous trucking for all
- Uber Freight and Waymo Via are working together to map out what widespread autonomous trucking will look like. The digital freight broker and autonomous trucking software developer describe the partnership as a deep collaboration aimed at what Uber Freight head Lior Ron called the “democratization” of autonomy.
- 06/07/2022
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Alphabet's Waymo, Uber Freight in deal for future self-driving trucks
- Waymo Via, the self-driving trucking unit of Alphabet Inc, and Uber Technology Inc's Freight business on Tuesday said they signed a long-term strategic partnership that would allow future customers to deploy autonomous trucks more efficiently.
- 06/07/2022
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Waymo Via and Uber Freight partner up for the long haul
- Waymo Via, the delivery division of Alphabet's self-driving unit, is embarking on a long-term, strategic partnership with Uber Freight, Uber's logistics spinout. As part of the agreement, Waymo is committing to reserve billions of miles of its “goods-only,” driverless capacity for the Uber Freight network.
- 06/07/2022
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Uber Eats enters DoorDash and Goldbelly's turf by launching nationwide shipping of gourmet foods from 4 US cities
- Through the Uber Eats app, consumers can order from more than 15 merchants in New York, Miami, and Los Angeles. Shipping is free through FedEx.
- 06/07/2022
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Is Uber Stock Too Cheap To Ignore?
- Uber stock (NYSE: UBER) has declined by about 42% year-to-date trading near $25 per share, underperforming the broader S&P 500, which is down by about 14% over the same period.
- 06/07/2022
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3 Tech Stocks These Tiger Cubs Agree On
- Legendary investor Julian Robertson (Trades, Portfolio) is not just known for his leadership of Tiger Management, but also for taking a group of protégés under his wing. These student investors, many of whom later opened their own practices, are known as “tiger cubs.
- 06/06/2022
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Today's Strong Jobs Market Could Soon Collapse
- Many tech companies are either slowing or pausing hiring -- or outright firing workers. And a lot of them are big creators of jobs.
- 06/04/2022
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Is Uber Stock Driving in the Right Direction?
- Uber Technologies, Inc. (NYSE:UBER) fell to a two-year low roughly a month ago after a lackluster earnings report.
- 06/03/2022
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Why Is Uber (UBER) Down 7.8% Since Last Earnings Report?
- Uber (UBER) reported earnings 30 days ago. What's next for the stock?
- 06/03/2022
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Uber loses appeal as top Swiss court rules company is an employer
- Switzerland's top court upheld a ruling that ride-hailing company Uber should be treated as an employer, dismissing the company's attempt to overturn a Geneva court's verdict.
- 06/03/2022
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Uber: Not A Great Pick For A Recession
- Uber's Mobility segment will likely see consumers opting for cheaper options, like public transportation, and less demand for discretionary rides when money is tight. The Delivery segment's pricing model could cause consumers to drive to the store themselves as the fees could bring the total cost out of their price range.
- 06/02/2022
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2 Stocks CEOs Have Been Buying
- CEOs set the vision for their companies. They are usually the most well-informed of major changes and the most in the know when it comes to their business trajectory.
- 06/02/2022
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This Monster Dividend Stock Could Give Your Portfolio a Much-Needed Summer Vacation
- Starbucks looks like a well-rounded buy, even if there's more pain in store for the stock market.
- 06/02/2022
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Uber Is Undervalued and Smashing Earnings Expectations
- Founded in 2009, Uber Technologies Inc. ( UBER , Financial) sparked a major disruption of the entire taxi cab industry.
- 06/01/2022
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Target's Earnings Have Me Excited About These 3 Non-Retail Stocks
- What people are buying at Target says a lot about their plans for the summer.
- 06/01/2022
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How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO
- Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innovation.
- 06/01/2022
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Jefferies warns on a batch of internet stocks
- The "Halftime Report" traders debate the biggest analyst calls of the day
- 05/31/2022
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5 Gig Economy Stocks This Analyst Thinks Will Thrive in a Recession
- Market futures were relatively higher to start off Thursday, but that is not to say this week has been without its ups and downs.
- 05/26/2022
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LYFT to Slow Down Hiring & Reduce Costs, Shares Decline
- While LYFT plans to slow down hiring and cut costs in some departments, it does not intend to lay off employees. The company has been focusing on boosting profits.
- 05/25/2022
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Lyft joins Uber in 'significantly' slowing hiring and cutting budgets, but promises no layoffs: WSJ
- Both ride-sharing apps are finding it hard to lure drivers back to their platforms as economies reopen.
- 05/25/2022
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LYFT, UBER Stock Fall as Bernstein Cuts Targets on Ride-Hailing Stocks
- A big price cut from a bullish analyst on LYFT and UBER stock sent shares of these ride-hailing companies much lower in today's session. The post LYFT, UBER Stock Fall as Bernstein Cuts Targets on Ride-Hailing Stocks appeared first on InvestorPlace.
- 05/24/2022
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Uber hits1 billion rides in Africa
- Uber, today, announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometres in terms of distance covered, according to the company.
- 05/24/2022
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Uber to expand in Italy through deal with the country's largest taxi dispatcher
- The deal will allow 12,000 Italian taxi drivers to accept trips through the Uber app.
- 05/24/2022
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Uber seals taxi deal to expand its business in Italy
- Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to boost its presence in the eurozone's third-largest economy, the company said on Tuesday.
- 05/24/2022
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Eva Ados: Uber stock down 50% year-to-date is ‘not' a buy
- The ongoing risk-off in tech stocks has Uber Technologies Inc (NYSE: UBER) down nearly 50% at present. Still, shares of the ride-hailing company remain unattractive for ERShares' Chief Investment Strategist.
- 05/23/2022
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Three Stock Lunch: Uber, Meta and Alphabet
- Eva Ados, ERShares chief investment strategist, joins 'Power Lunch' to discuss her thoughts on stocks like Uber, Meta and Alphabet.
- 05/23/2022
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Buy EVgo Stock Before It Becomes the Tesla of EV Charging Stations
- EVgo has multiple strong positive catalysts, and the $2.35 billion valuation of EVGO stock is very attractive at this point. The post Buy EVgo Stock Before It Becomes the Tesla of EV Charging Stations appeared first on InvestorPlace.
- 05/22/2022
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3 Internet Stocks to Buy After the Big Market Drop
- Internet stocks have tumbled worse than the general market, and that has opened opportunities for investors.
- 05/20/2022
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Uber Eats piloting on-demand grocery delivery
- In the U.S. food delivery landscape, there's been one big eater. DoorDash has dominated the category among third-party delivery apps, growing its market share among the big three food delivery platforms — Uber Eats, DoorDash and Grubhub — to a staggering 57%.
- 05/19/2022
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Uber Joins Race to Extend Grocery Delivery to All Income Brackets
- In the early months of the pandemic, many consumers made buying groceries online for delivery part of their routines. However, the high added fees associated with ordering delivery from brick-and-mortar brands and the high base rates of pure-play eGrocers meant that, while purchasing groceries on demand was a possibility for consumers with the money to […]
- 05/19/2022
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Uber to Test Scheduled Grocery Delivery on West Coast
- Uber has teamed up with Grocery Outlet to test on-demand and scheduled grocery delivery in several cities on the west coast. The partnership, expected to launch Thursday (May 19), will be available at 72 Grocery Outlet stores in cities that include Portland, Oregon; Seattle; San Francisco; San Jose, California; Sacramento, California; Palo Alto, California; and […]
- 05/19/2022
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Why Uber Shares Are Diving Today
- Shares of several companies in the broader industrial sector, including Uber Technologies Inc (NYSE: UBER), are trading lower amid overall market weakness as stocks fall following weak retail earnings this week. Anticipation of further Federal Reserve policy tightening has continued.
- 05/18/2022
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Netflix, Meta, Uber among companies announcing layoffs and hiring freezes
- Yahoo Finance reporter Ines Ferre breaks down hiring trends among tech companies like Netflix and Meta.
- 05/18/2022
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UBER Launches Autonomous Food Delivery Pilot in California
- UBER's food delivery pilot project in Santa Monica in partnership with Motional is prudent given the growing demand for delivery services.
- 05/17/2022
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Uber Unveils Autonomous Deliveries, Charter Bus Reservations, Other New Features
- Uber on Monday (May 16) announced several new innovations it will roll out to enhance its ride-hailing core business, including autonomous deliveries and charter bus reservations, according to a blog post by CEO Dara Khosrowshahi. The company has also launched Uber Travel in the U.S., allowing users to book hotel, flight and restaurant reservations in […]
- 05/16/2022
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Uber bolsters platform for post-pandemic life
- Uber said Monday it is revving up to be a "go anywhere and get anything" service, testing delivery robots, weaving in Google voice commands and more as people shed their pandemic lifestyles.
- 05/16/2022
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Uber Eats, Motional launch driverless delivery in Santa Monica
- Food delivery apps found a winner when they added the “leave at door” option to limit customers' interactions with couriers. But what if your food wasn't delivered by a human courier at all?
- 05/16/2022
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Uber Eats Launches Two Robotic Delivery Pilots as Restaurant Industry Struggles to Meet Demand
- As aggregators struggle with driver labor challenges, Uber Eats is approaching the issue by removing drivers entirely. Uber has launched two robotic delivery pilot tests Monday (May 16), according to a report from TechCrunch: one in partnership with driverless vehicle technology company Motional and one with autonomous sidewalk delivery company Serve Robotics, which spun off […]
- 05/16/2022
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Uber launches robot food delivery in California
- Uber Technologies Inc on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app.
- 05/16/2022
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2 Striking Words From Uber's CEO
- Plus an interview with AppHarvest founder and CEO Jonathan Webb.
- 05/16/2022
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Uber Eats Testing Two Autonomous Delivery Pilots in LA
- Uber Eats plans to launch two autonomous delivery pilots in Los Angeles on Monday (May 16). According to a report by TechCrunch, the first is in conjunction with Motional, an autonomous driving firm, while the second is with Serve Robotics, a sidewalk delivery platform that is an off-shoot of Uber.
- 05/16/2022
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Uber (UBER) To Launch Autonomous Delivery Pilots In LA, Says Report
- Uber Technologies Inc (NYSE: UBER) is reportedly going to launch two autonomous delivery pilots in Los Angeles through the Uber Eats program. These are the details.
- 05/16/2022
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Uber Eats pilots autonomous delivery with Serve Robotics, Motional
- Uber Eats is launching two autonomous delivery pilots in Los Angeles on Monday with Serve Robotics, a robotic sidewalk delivery startup, and Motional, an autonomous vehicle technology company. The new programs are a part of a range of new products Uber is launching across its ride-hail and delivery platforms, which are being announced on Monday […]
- 05/15/2022
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This Giant Credit Card Stock Could Climb Back to Its All-Time Highs
- This credit card giant is one of the better-performing stocks this year.
- 05/14/2022
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Uber to test delivering food with robots
- Uber is the latest company to try delivering food to people's homes with robots.
- 05/13/2022
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The Surprising Difference in How Uber and Lyft Spend Money
- Lyft's smaller size creates budgetary constraints that may be stifling its profitability and growth.
- 05/13/2022
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One Year Since Uber's IPO: A Look At The Stock's Bumpy Ride
- Most investors who owned stocks in the past year have lost money. the SPDR S&P 500 SPY (NYSE: SPY) total return in that time is roughly -4.8%.
- 05/12/2022
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UBER to Slash Marketing & Incentive Costs, Reduce Hiring
- UBER aims for a leaner business model by reducing expenses on marketing and incentives, and slowing down hiring as it sees a "seismic shift" in investor sentiment.
- 05/11/2022
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Lyft Vs. Uber Stock: Which Is The Better Buy?
- Both Lyft and Uber drastically rationalized their cost structures during the pandemic. Lyft has even posted 4 consecutive quarters of positive Adjusted EBITDA.
- 05/11/2022
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Uber will conduct civil-rights audit in compromise with shareholders
- Uber Technologies Inc. will conduct an independent civil-rights audit after compromising with shareholders who had pushed for the company to examine its practices.
- 05/10/2022
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CEO Dara Khosrowshahi Just Bought 200,000 Shares of UBER Stock. Here's Why.
- Uber is in the spotlight after CEO Dara Khosrowshahi disclosed purchasing 200,000 shares at an average price of $26.72 on May 6. The post CEO Dara Khosrowshahi Just Bought 200,000 Shares of UBER Stock.
- 05/10/2022
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Uber says it's cutting back on spending to become a free cash flow company
- Uber says it's cutting back on spending to become a free cash flow company. CEO Dara Khosrowshahi said the 'market is experiencing a seismic shift' and that the company needed to 'react accordingly.
- 05/10/2022
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eVTOL pricing will be ‘comparable to an Uber X,' Eve Co-CEO says
- Eve Co-CEOs Andre Stein and Jerry DeMuro join Yahoo Finance anchors Julie Hyman and Brian Sozzi to discuss the company going public via a SPAC merger deal, eVTOL pricing, revenue growth, and the outlook for the the air mobility market.
- 05/10/2022
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There's No Good Reason to Buy Uber Stock
- Pivoting from growth to profits makes it even harder to justify a nosebleed valuation.
- 05/10/2022
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Uber, DoorDash, Lyft lose combined $9 billion in market cap amid selloff
- The nation's three largest app-based gig companies extended their losing streaks and shedded a combined $9.12 billion in market capitalization Monday after a broad market selloff.
- 05/09/2022
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Uber, Amazon, and Facebook Have Slowed Hiring. Why Others Could Follow.
- Meta, Uber and Amazon are a few of the tech giants that have announced plans to slow hiring.
- 05/09/2022
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We've been focused on free cash flow and strategic positions, says Neuberger's Tauber
- Jason Tauber, Neuberger Berman Growth Strategies portfolio manager, joins 'Closing Bell: Overtime' to discuss the current market landscape, disruptive companies including Uber and more.
- 05/09/2022
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U.S. trucking downturn puts pressure on independent operators -Uber Freight
- A continued decline in on-demand trucking prices risks squeezing out tens of thousands of small operator-owned trucking companies that rushed into the market when rates were surging earlier this year, Uber Technologies Inc's head of freight said.
- 05/09/2022
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Tech Companies Plan to Slow Hiring. It's All About Keeping Costs Under Control.
- Meta, Uber and Amazon are a few of the tech giants that have announced plans to slow hiring.
- 05/09/2022
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Uber to cut spending, treat hiring as 'privilege'
- Uber reported a net loss of $5.9 billion during the first quarter of 2022 on revenue of $6.9 billion.
- 05/09/2022
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Market will be more focused on free cash flow and profits, says fmr. Uber CBO
- Emil Michael, former Uber chief business officer, joins 'TechCheck' to discuss Uber's decision to slash costs, if he gives credit to companies who don't use adjusted EBITDA and the disconnect between investors' Uber valuation and its current stock price.
- 05/09/2022
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Uber shareholders to vote on lobbying disclosure proposal
- Uber shareholders will vote Monday on a proposal that, if approved, will compel the company to fully disclose its “direct and indirect lobbying activities and expenditures.” Advocates of the proposal argue that such information is critical to understanding the sustainability of Uber's business model.
- 05/09/2022
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