Uber Technologies, Inc. (UBER)
Uber Technologies (UBER) Stock Dips While Market Gains: Key Facts
The latest trading day saw Uber Technologies (UBER) settling at $71, representing a -0.54% change from its previous close.
2 Undervalued Growth Stocks to Buy Before They Soar 71% and 1,000%, According to Certain Wall Street Analysts
Morgan Stanley analysts see material upside for Uber, and Ark Invest's valuation model implies jaw-dropping gains for Roku. Uber is the global market leader in ridesharing services, and it ranks second behind DoorDash in restaurant food delivery services.
Uber locking out NYC drivers to avoid paying them for ‘idle time'
Uber drivers in the Big Apple are fuming over the move, saying their income has dropped by as much as 50%, according to Bloomberg News.
Uber Freight and self driving trucks startup Aurora partner for the long haul
Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora's autonomous driving technology offered on the Uber Freight network through 2030.
Uber Responds to NYC Minimum Pay Rule With Driver Lockouts
Uber has reportedly been locking out drivers from its app during periods of low demand over the past month in response to New York City's minimum pay rule. Lyft is threatening to adopt the same strategy, Bloomberg reported Monday (June 24).
Uber beats lawsuit alleging race bias in driver ratings
A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory.
Uber: Headwinds Ahead, Reiterate Cautious Buy
UBER's FQ1'24 performance remains robust with expanding adj EBITDA and Free Cash Flow margins, despite the paper losses observed in its investments. However, the recent pay raise in Minnesota (and likely, California) is likely to trigger either bottom-line headwinds or have impacted user retention rates, depending on the management's strategy. TSLA's upcoming Robo-Taxi event can not be ignored as well, since it remains to be seen if we may see an expanded partnership leveraging upon UBER's rideshare platform.
Monster insider trading alert for Uber (UBER) stock
With the stocks of Uber Technologies (NYSE: UBER) stagnating in the past week after returning into the $70 area, albeit below this year's high of $81.39, certain insider transactions have caught the attention of outside observers, particularly the trades by Uber's CEO.
Billionaires Are Deciding to Sell Shares of This Well-Known Stock
Uber's financial results have been mostly impressive in recent years, and its valuation ratios are reasonable. Yet, several high-profile billionaire investors have recently sold large quantities of Uber and its peers.
UBER Enters Into Partnership With Discount Grocer Save A Lot
UBER's deal with Save A Lot is in line with the steady growth exhibited by its grocery delivery business.
Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Uber, Khosla, Nvidia invest in $200 million funding round for autonomous trucking startup Waabi
Autonomous trucking startup Waabi has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Nvidia is a new investor, with Porsche and the venture capital arm of Volvo also joining the deal.
