Uber Technologies (UBER) closed the most recent trading day at $65.70, moving -0.41% from the previous trading session.
Uber Technologies (UBER 1.63%) operates the world's largest ride-hailing network, in addition to highly successful food delivery and commercial freight networks. The company is on the cusp of a major transformation thanks to autonomous technologies.
Uber Technologies, Inc. and Nvidia Corporation's partnership leverages Nvidia's advanced AI technology and Uber's vast ride data to accelerate autonomous driving, positioning Uber as a strong contender against Tesla. Despite recent stock underperformance, Uber's dominant market share and undervaluation make it a compelling investment, with a PEG ratio suggesting significant upside potential. Uber's strategic partnerships and scalable platform ensure it plays a crucial role in the future of autonomous ride-hailing, regardless of who develops the technology first.
A retreat in the development of autonomous vehicles was the major news item decelerating the stock of rideshare incumbent Uber Technologies (UBER -1.88%) in December. As a result, the shares skidded to a more than 16% loss in value over the month.
BofA Securities analyst Justin Post maintained a Buy rating on Uber Technologies Inc UBER with a price target of $96 after the ride-hailing giant announced a partnership with NVDIA Corp NVDA to collaborate on autonomous vehicle enablement.
Delta Air Lines (DAL) customers will be able to earn SkyMiles when ordering an Uber (UBER) ride to the airport, thanks to a new partnership in the U.S. between the companies starting in the spring.
Nvidia Corp (NASDAQ:NVDA, ETR:NVD) and Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s partnership around autonomous driving is likely to accelerate the journey to achieving driverless technology, according to Bank of America. Unveiled at CES 2025 in Las Vegas, the partnership was set to see Uber adopt Nvidia's fresh Cosmos video-generating tool and AI supercomputing platform DGX.
Uber announced during CES 2025 a multi-year exclusive partnership with Delta Air Lines that allows SkyMiles members to earn miles when they ride with Uber or order delivery through Uber Eats in the United States. The deal means an end of Delta's partnership with Lyft.
Uber announced during CES 2025 a multi-year exclusive partnership with Delta Air Lines that allows SkyMiles members to earn miles when they ride with Uber or order delivery through Uber Eats in the U.S.
Delta Air Lines' SkyMiles members will be able to earn miles for Uber rides starting this spring. With the new deal, the airline is ending an eight-year partnership with Lyft.
Wedbush Securities added Uber (UBER) to its 'best ideas' list, highlighting the company's role in the autonomous vehicles (AV) industry. Scott Devitt, Wedbush Securities managing director of equity research, appears on Market Domination to discuss Uber's new partnership with Nvidia (NVDA) and its role in the larger AV landscape.