UBER teams with Best Buy to bring electronics delivery to more than 800 stores via Uber Eats, boosting its diversification-related approach.
Alphabet's (GOOGL) Waymo and Tesla's (TSLA) Robotaxi are muscling their way into the ride-sharing space. What does that mean for Uber (UBER) and Lyft (LYFT)?
Lyft's focused strategy, stronger stock performance, and more attractive valuation put it ahead of Uber for now.
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 Delivery business revenues surge 25% in the second quarter with new retail partnerships, boosting growth beyond ridesharing.
LCID partners with Uber and Nuro on a $300M robotaxi deal, aiming to deploy 20,000 Gravity EVs in global markets.
Uber Technologies NYSE: UBER, the world's leader in ride-sharing, just announced financial results that elicited a mixed reaction from market participants. However, Uber left no room for interpretation regarding its feelings.
Uber's strong execution, scale, and brand power drive robust growth across Mobility, Delivery, and Freight, supported by expanding user base and subscription offerings. Strategic partnerships in autonomous vehicles position Uber to benefit from industry disruption, despite risks from emerging AV competitors and potential platform disintermediation. Financials are impressive: double-digit revenue and profit growth, rising free cash flow, operating leverage, and a substantial share repurchase program enhance shareholder value.
Explore Uber's (UBER) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
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 transformation into a high-margin, multi-service platform is driving robust free cash flow, strong earnings growth, and an aggressive $20 billion buyback program. The company's unique aggregator model in robotaxis, leveraging partnerships instead of owning fleets, positions Uber as the leading demand platform with capital-light scalability. Q2 results showcased record profitability, expanding margins, and impressive guidance, with both Mobility and Delivery segments delivering double-digit growth and rising user engagement.
New research shows that the app's ratings and incentive system has made drivers in Chicago as safe and reliable as taxi drivers. The findings suggest regulators may want to consider new quality-control measures.