Uber Technologies (NYSE:UBER | UBER Price Prediction) trades at $73.23 as of writing, sitting 29% below its 52-week high of $101.99 and down 11.6% year-to-date.
On Tuesday, Amazon announced that Uber was expanding its contract for AWS cloud services to run more of its ride-sharing features on Amazon's chips. Uber will particularly expand its use of AWS's Graviton (a low-power, ARM-based server CPU) and start a new trial testing Trainium3, AWS's Nvidia competitor AI chip.
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.
UBER's planned Blacklane buy aims to scale chauffeur-driven Uber Elite and boost premium travel reach -- pending approvals, closing by end-2026.
As fuel costs go up, making a living as a gig driver is harder than ever.
Uber launches fully driverless robotaxis in Dubai with WeRide, marking a major AV milestone as it scales partnerships and real-world deployments globally.
UBER expands its AV push as fully driverless robotaxis launch in Dubai with WeRide, marking a key step in scaling revenue-generating autonomous mobility.
ExxonMobil leads analyst picks as production growth and strong earnings shine, while Coca-Cola and Uber navigate mixed demand and growth challenges.
Uber and Chinese autonomous vehicle company WeRide have launched robotaxi operations without a human safety operator in Dubai as part of a broader expansion in the Middle East.
I'm upgrading Uber Technologies, Inc. to a Strong Buy following the significant pullback, with the stock down around 30% over the past 6 months. Uber's delivery segment is accelerating, while gross bookings and monthly active users hit record highs, supporting robust topline growth. The AV strategy, with 20+ partners and key alliances like Nvidia, positions Uber as the leading autonomous ride-hailing facilitator.
Uber pushes into Europe with a new robotaxi partnership, launching in Zagreb as it scales autonomous ambitions and eyes broader global expansion.
Uber Technologies plans to acquire Blacklane, a company that provides an app and web booking platform that connects guests with independent local chauffeur services in 500 cities across 60 countries.