Uber's stock surged toward its best day in 11 months as bookings surged, led by strength in the delivery business.
Uber Technologies (UBER) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.7 per share. This compares to earnings of $0.83 per share a year ago.
Every retail investor with a brokerage app is staring at Uber (NYSE:UBER | UBER Price Prediction) right now, drawn in by robotaxi headlines and a $152.16B market cap that has turned the rideshare giant into the default gig-economy proxy.
Uber and Disney pointed to a remarkably resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips. "The consumers are spending, they're spending locally, and we don't see any signs of that weakening at this point," CEO Dara Khosrowshahi said.
Nuro has been granted a permit to begin driverless testing of Lucid Gravity SUVs equipped with its autonomous tech on California public roads — vehicles that will eventually be used in Uber's premium robotaxi service. But the Silicon Valley-based startup, backed by Nvidia and Uber, says it isn't quite ready to begin.
Uber Technologies is set to report its latest quarterly results ahead of the opening bell Wednesday, with a big move expected from the rideshare giant's stock following the results.
There are many notable ‘duos' in the market, a list that includes Uber Technologies UBER and Lyft LYFT. Both companies facilitate the same type of service, though UBER's reach does extend to food delivery and others as well.
Grocery giant Ahold Delhaize has expanded its delivery partnership with Uber Eats. The collaboration, announced Monday (May 4), makes nearly 2,000 Ahold stores available on the Uber Eats marketplace.
FOX Business correspondent Gerri Willis and 'The Big Money Show' panel discuss Joby Aviation launching air taxi services in New York City and the company's goal to make flight affordable for everyone. 00:00 Intro & Joby Aviation's NYC Launch 00:45 Joby CEO's Vision 01:15 Air Taxi Technology & Tech Specs 02:30 The Cost Debate: Taxi vs.
Uber has a long-term ambition that goes well beyond shuttling passengers: the company eventually wants to outfit its human drivers' cars with sensors to soak up real-world data for autonomous vehicle (AV) companies — and potentially other companies training AI models on physical-world scenarios.
Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet management solutions for autonomous robotaxi and driver-led rideshare fleets. The new company, Oro Mobility, said in a Thursday (April 30) press release that its first major partner is Uber.
Besides Wall Street's top-and-bottom-line estimates for Uber (UBER), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2026.