Uber Technologies, Inc. (UBER)
Uber Says Court Loss Doesn't Change California Gig Worker Law
Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company's challenge to a California law that could force it to treat drivers as employees rather than independent contractors will have no impact.
Why Is Uber (UBER) Up 1.4% Since Last Earnings Report?
Uber (UBER) reported earnings 30 days ago. What's next for the stock?
Uber and Lyft made a deal to raise drivers' wages. It was another victory for big tech | Edward Ongweso
Minneapolis cracked a deal with the companies, but it preserves integral parts of their model, allowing the firms to undermine the compromise later
Uber: Hold On To This Stock For Potential Double-Digit Returns
Uber's valuation is slightly above industry peers, which trade at a median EV/Sales TTM multiple of 3.2x (vs 3.6x for Uber). Uber enjoys a strong Moat due to its size and platform-based business model, which results in a strong network effect and likely deserves a premium versus industry peers. There are strong arguments against a potential disruption of Uber's business model through autonomous driving, which will likely lead to higher customer engagement for Uber.
Albertsons and Uber Expand Program Delivering Surplus Food to Nonprofits
Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. After being piloted in Washington, D.C.
Investors Heavily Search Uber Technologies, Inc. (UBER): Here is What You Need to Know
Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Uber: (Growth) Driver Is Late But On The Way Nonetheless, Maintain Buy
Uber's 1Q24 earnings report showed a decline in mobility gross bookings but better growth in delivery gross bookings. I think Uber's diversified revenue streams (mobility and delivery) will alternate to support outperformance during downturns in either segment. The disappointing losses and outlook this quarter are temporary headwinds, in my opinion, and have now been recognized by the market.
4 Key Takeaways From Costco's Earnings Call
After Costco Wholesale (COST) reported fiscal third-quarter earnings that beat analysts' estimates, executives joined the company's earnings call Thursday to discuss its membership pricing, digital sales growth, its recently expanded partnership with Uber (UBER), and how lowering prices has affected discretionary spending, among other things.
Uber to offer Seine cruises, day trips in Paris during Olympics rush
Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics in Paris.
Over 10,500 London Cabbies Sue Uber Amid Allegations Of Rule-Bending As Stock Tumbles 21% - Uber Technologies (NYSE:UBER)
At the beginning of the month, over 10,500 London black-cab drivers launched a significant £250 million lawsuit against Uber Technologies Inc UBER. They accuse Uber of breaking taxi booking rules and misleading authorities to get its operational license from 2012 to 2018.
Uber Could Lead In Autonomous Taxis Alongside Tesla And Waymo
Uber's autonomous taxi infrastructure relies on its partnership with Aurora. This strategic investment could improve Uber's operating margins long term, compared to Tesla and Waymo. In 10+ years, autonomous vehicles may dominate, with Uber's fleet primarily autonomous. This shift should lower taxi prices and attract more customers, significantly benefiting Uber financially. Despite being overvalued, Uber's stock sentiment should rise in the next 10 years as autonomy advances. Investing now could yield long-term rewards, despite potential short-to-medium-term volatility.
Here is What to Know Beyond Why Uber Technologies, Inc. (UBER) is a Trending Stock
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.
