Uber Technologies (UBER 1.10%) and Carvana (CVNA -0.44%) aren't just two different companies. They're seemingly polar opposites.
UBER teams up with Five Below to expand non-food delivery via Uber Eats, thus fueling growth. However, one wonders whether the stock is worth chasing now.
Uber (UBER) reported earnings 30 days ago. What's next for the stock?
Uber Technologies Inc (NYSE:UBER, ETR:UT8) is evaluating the potential use of stablecoins as part of a broader effort to streamline cross-border transactions and reduce the costs of moving money internationally, according to CEO Dara Khosrowshahi. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the ride-hailing giant is currently in the “study phase” of exploring the digital asset class.
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.
Uber's profitability has surged, achieving its first operating profit in 2023 and maintaining strong financial momentum since. The company boasts an outstanding factor grade profile, especially an A+ in profitability, supporting my strong buy rating. Uber's deep integration of AI and ML, plus partnerships for autonomous mobility, positions it for future industry leadership.
Uber said in a regulatory filing Monday that Pierre-Dimitri Gore-Coty, the company's senior vice president of delivery, is stepping down from his position. Gore-Coty joined Uber as a general manager in France in 2012, and worked his way up to become vice president of mobility for the Europe and Middle East region four years later.
Uber stock fell more than 5% Thursday, following a report that Tesla will launch its robotaxi service in early June.
Companies that were once hot and known for their growth stages typically come to a plateau once their size starts getting too big to keep churning out double-digit growth rates across the board. When this happens, investors can start to reduce their positions in the once great run higher or wait for new catalysts or developments to come into the company and spark a new growth stage once again; that is as simple as it gets for professional money managers.
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.
A $1.2 billion exchangeable bond deal announced last week by Uber Technologies reportedly features a rare structure that is appealing to investors and to Uber.
Uber reportedly plans to launch a B2B logistics service in India. The company will do so “soon” in partnership with an Indian government-backed nonprofit, the Open Network for Digital Commerce (ONDC), TechCrunch reported Monday (May 19).