Uber Technologies, Inc. (UBER)
Uber and Lyft's Million Dollar Lockout Loophole
Natalie Lung, Bloomberg Tech Reporter joins Bloomberg Intelligence to discuss the Big Take's recent story on how NYC's unique pay formula created an incentive for Uber and Lyft to prevent drivers from logging on, even during periods of high demand. -------- Get more on The Bloomberg Intelligence Podcast On Apple: Click Here On Spotify: Click Here Anywhere: Click Here Follow us on X: Click Here Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: Click Here Android Auto: Click Here Visit our YouTube channels: Bloomberg Podcasts: Click Here Bloomberg Television: Click Here Bloomberg Originals: Click Here Quicktake: Click Here
Uber shares ride high after Tesla Robotaxi event
Uber Technologies Inc (NYSE:UBER, ETR:UT8) shares reached an all-time high on Friday following Tesla's much-anticipated robotaxi event held last night. According to Jefferies analysts, the ridesharing platform is poised for growth despite competition from Tesla Inc (NASDAQ:TSLA)'s robotaxi initiatives.
Uber: Don't Miss The Next Drive
Uber's strong network effects and potential savings from autonomous vehicles make it an attractive investment, with a projected 32% stock increase to $104 per share. Uber's platform benefits from a two-sided network effect, enhancing user experience and profitability as the number of users and drivers grows. The Robotaxi opportunity could significantly reduce Uber's labor costs, improving margins and mitigating regulatory risks, with estimated savings of 15% to 30%.
Uber rises after underwhelming Tesla robotaxi event
CNBC's Deirdre Bosa joins 'Money Movers' to report on the public's skepticism in the self-driving capabilities of robotaxis.
Why Uber, Lyft Shares Are Speeding Up In Friday's Premarket
Ride-hailing companies Uber Technologies, Inc. UBER and Lyft, Inc. LYFT are rising in premarket trading on Friday.
Uber Vs. Tesla? Maybe Not — Analysts Say Autonomous Vehicles 'Will Be Market Expanding'
A Tesla Inc. TSLA Robotaxi Day event could significantly impact Uber Technolo gies UBER stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla's event could benefit Uber's long-term growth and boost the valuation of the autonomous vehicle sector.
Uber 'Well Positioned' Despite Tesla Robotaxi Threat, Analyst Says
As Tesla Inc TSLA gears up for its highly anticipated Robotaxi event on Oct. 10, the rideshare market is bracing for disruption. Tesla's event, expected to reveal a low-cost, fully autonomous vehicle (AV), has sparked concern among investors, particularly for companies like Uber Technologies Inc UBER and Lyft Inc LYFT.
Uber (UBER) Unveils AI Assistant to Boost Electric Vehicle Shift
Uber (UBER, Financial) is set to introduce an AI assistant powered by OpenAI technology to aid drivers in transitioning to electric vehicles (EVs). This initiative is part of Uber's commitment to reducing emissions and supports its extensive push toward an all-electric fleet by 2040, backed by an $800 million investment.
Uber to launch AI assistant powered by OpenAI's GPT-4o to help drivers go electric
Uber Technologies will roll out an AI assistant powered by OpenAI's technology to help drivers transition to electric vehicles, as part of its efforts to lower emissions.
Uber gives users option to only hail full-electric vehicles, launches AI chatbot for the EV-curious
Uber is updating its platform with new sustainability-minded features, including an "EV preference" that will let customers opt for fully electric vehicles by default, whenever they hail a ride. On the delivery side of its platform, the company is adding farmers' market produce to Uber Eats offerings in two major U.S. markets: New York City and Los Angeles.
Uber to launch OpenAI-powered AI assistant to answer driver EV questions
Uber is continuing its push to bring more electric vehicles onto the ride-hail and delivery platform, and it thinks giving drivers a chatbot to answer all their EV questions will help. Starting early 2025, Uber will launch an AI assistant for drivers in the U.S. powered by OpenAI's GPT-4o.
Supreme Court Won't Hear Uber and Lyft Gig Worker Appeal
Uber and Lyft have lost a chance to have an appeal heard by the Supreme Court. The case involves lawsuits brought against the companies by the state of California, which claimed Uber and Lyft had misclassified their workers.
