Uber Technologies Inc. (UBER)
Are Uber's AV Partnerships a Catalyst for Future Returns?
UBER teams with Baidu, Lucid and Nuro to scale autonomous ride-hailing across global markets, aiming for long-term growth.
Uber: The 'Netflix Of Mobility' Set To Gain Big From The Autonomous Vehicle Race
Uber is a dominant, profitable, asset-light platform benefiting from secular trends in mobility and delivery, with strong global brand and network effects. Autonomous vehicles (AVs) are a key catalyst, poised to enhance Uber's margins, reduce regulatory risks, and expand its addressable market. Autonomous vehicles (AVs) have the potential to reduce labor classification disputes inherent in the gig-economy model.
Uber Announces Global Robotaxi Plan With Lucid and Nuro
The rideshare company plans to invest several hundred million dollars into the program.
Uber just made its robotaxi play — with a big investment in Lucid
Uber is investing hundreds of millions into the robotaxi wars. The company partnered with Lucid, which makes the Gravity EVs that Uber will use in its robotaxi fleet.
Uber partners with Nuro, invests $300M into Lucid to launch upscale robotaxi service
Uber is investing hundreds of millions of dollars into EV maker Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own premium robotaxi service.
Uber inks six-year robotaxi deal with Lucid, invests $300 million in EV company
Uber on Thursday announced a $300 million partnership to deploy more than 20,000 robotaxis over the next six years as demand for driverless cars kicks into high gear. The ride-hailing company will invest $300 million in Lucid.
After Years of Lagging, Can Uber Save Baidu's Stock?
The Chinese search engine giant Baidu's stock (NASDAQ: BIDU) jumped by nearly 9% during trading on Tuesday. This increase comes in the wake of a multi-year collaboration with ride-hailing leader Uber.
Uber partners with Chinese tech giant to roll out driverless vehicles across multiple global markets
Uber and Baidu join forces in the self-driving taxi market, combining Uber's network with Baidu's Apollo Go robotaxi fleet that has completed over 11 million rides across 15 cities.
Uber's latest robotaxi partner is China's Baidu
Uber has struck another deal with a robotaxi provider, and this time it's with Chinese tech giant Baidu.
Gross Bookings Strong at Uber: Is There Room for Further Upside?
UBER rides on strong gross bookings growth across mobility and delivery, with the second-quarter outlook pointing to 16-20% gains.
Analysts Bet Big on Uber Stock's Expansion in Autonomous Driving
The race for artificial intelligence is one of the biggest gold mines in the global economy and the technology sector. The development of better models can spur growth in unrelated areas that most investors haven't seen coming.
Uber Technologies (UBER) Falls More Steeply Than Broader Market: What Investors Need to Know
Uber Technologies (UBER) reached $95.39 at the closing of the latest trading day, reflecting a -1.05% change compared to its last close.
