A new study from researchers in the University of Oxford's Department of Computer Science has found that Uber's use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, while increasing Uber's share of revenue.
Uber has transformed into a highly profitable, free cash flow powerhouse, with strong double-digit growth expected in both EPS and revenue for years ahead. Concerns about robotaxis, including Tesla's entry, are overblown; Uber's partnerships and platform integration with autonomous vehicles position it as a winner in the AV era. Uber's scale, global reach, and network effects create a significant moat, making it unlikely for new entrants to erode its dominant market share or profitability.
Uber continues to deliver strong revenue growth, improving profitability, and operational excellence, but faces intensifying competition and existential AV threats. Autonomous vehicles (AVs) are advancing faster than expected, with Waymo expanding rapidly and Tesla's robotaxi launch imminent, raising uncertainty for Uber's future role. Uber's delivery segment is losing ground to DoorDash, which now leads in gross bookings and combined revenues, despite Uber's dual mobility and delivery platform.
Waymo's NYC permit bid shakes UBER's shares as investors weigh future robotaxi rivalry in a key U.S. market.
Uber Technologies (UBER) said Friday it is expanding its AI data services business, opening up operations to support AI labs and enterprises globally as well as setting up a new foundry.
Uber Technologies (UBER) closed at $83.44 in the latest trading session, marking a -1.56% move from the prior day.
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.
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In the closing of the recent trading day, Uber Technologies (UBER) stood at $85.62, denoting a -1.11% move from the preceding trading day.
UBER's Crown Taxi buy deepens its Taiwan footprint, aiming to boost service reach amid global expansion.
Uber prepares to test fully self-driving taxis on London's roads, in line with its objective to become a key player in the robotaxi market.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) will launch its first self-driving taxi service in London in 2026 as part of a broader UK trial of autonomous transport, the company and the government announced on Tuesday. The pilot scheme will begin with safety drivers behind the wheel but aims to transition to fully driverless vehicles over time.