Uber remains a strong business despite fears over robotaxis, with solid moats, network effects, and adaptability driving its long-term potential. The financials show strength, with revenue doubling in recent years and free cash flow reaching $7B, proving the Company's ability to scale and generate shareholder value. An 11%+ total return/year is realistic, assuming steady growth and margin expansion, with more upside potential if self-driving tech accelerates profitability.
President Donald Trump wants to remove taxes on workers' tips. Republican lawmakers want to turn that campaign trail proposal into concrete legislation.
Autonomous vehicles are getting easier to find on the streets in several major cities in the United States. As a handful of companies are testing their self-driving cars in select cities, Alphabet's (GOOG -4.89%) (GOOGL -4.83%) Waymo has pulled ahead of the pack with a commercial service.
Despite the recent market drawdown, many growth stocks still look overvalued at the moment. The S&P 500 price-to-earnings (P/E) ratio is 29, which is close to a record high compared to its long-term average.
Uber stock price has held steady near its all-time high as investors predict that it will not be affected by Donald Trump's Liberation Day tariff. It was trading at $72.75, down by 16% from its highest point in 2024.
A GOP proposal offers tax breaks to employees—but not independent contractors such as ride-share drivers.
Uber Technologies (UBER -2.91%) recently entered correction territory. The stock of the global rideshare leader is stuck in a trading range, with no clarity on when it might break out.
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.
'Mad Money' host Jim Cramer talks how to navigate Uber's stock.
'Mad Money' host Jim Cramer talks how to navigate Uber's stock.
Uber has teamed with Petco to offer pet owners home delivery via Uber Eats. The partnership, announced Thursday (March 27), makes all Petco locations in the contiguous United States available on Uber Eats for deliveries of pet food, toys, treats and other items.
The pet-store company said the partnership would bring its products to the ride-hailing company's Uber Eats food delivery operation.