Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO.
A new report from the Financial Times reveals that Uber has explored a potential bid for Seattle-based travel giant Expedia Group.
In the latest trading session, Uber Technologies (UBER) closed at $81.90, marking a -1.56% move from the previous day.
The significant divergence in stock performance between Uber and Tesla following Tesla's 'We, Robot' event highlights investor sentiment regarding the progress and viability of autonomous driving technology. Uber's shares surged almost 11%, indicating growing investor confidence in the company's current business model amidst the slower-than-expected progress in autonomous driving. Uber can continue to capitalize on its existing, booming operations without the pressing need to pivot or compete directly with self-driving technology.
Given the optimism surrounding UBER stock, we assess its investment worthiness at current levels.
Serve Robotics unveiled third-generation autonomous delivery robots that will used by Uber Eats in 2025.
Lack of specific plans in Tesla's robotaxi event boosted competitor Uber's stock by a great magnitude on Oct. 11, 2024.
Does Uber Technologies (UBER) have what it takes to be a top stock pick for momentum investors? Let's find out.
Uber CEO Dara Khosrowshahi told the Financial Times that competing with Elon Musk is not easy. He said he would "love" to get Tesla's robotaxis on the Uber platform when it's ready to roll out.
Shares in Uber Technologies (UBER) lost ground Monday but were still near record highs after investors saw little threat to rideshare companies from Tesla's (TSLA) highly anticipated robotaxi unveiling last week.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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