In today's video, I discuss Uber Technologies (UBER 0.38%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this semiconductor stock.
Uber stock price has suffered a harsh reversal in the past few weeks, erasing billions of dollars in value. It has retreated by about 30% from the year-to-date high of $86.85, moving to its lowest level since August 6.
Mexico's Senate on Thursday approved reforms to improve conditions for drivers with ride-hailing and delivery services such as DiDi , Rappi and Uber , ensuring access to social security and a Christmas bonus, among other benefits.
In the latest trading session, Uber Technologies (UBER) closed at $61.41, marking a +0.38% move from the previous day.
The S&P 500 looks expensive, and we expect finding uncorrelated return streams should be important in 2025. Buying UBER and shorting LYFT could be a good way to expose yourself to a great company while hedging out market risk. LYFT's shares appear cheap, but UBER's dominant market position makes it the clear 'Buy' out of the two.
Investors interested in Internet - Services stocks are likely familiar with Uber Technologies (UBER) and The Trade Desk (TTD). But which of these two stocks is more attractive to value investors?
Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to know.
The heavy selling pressure might have exhausted for Uber (UBER) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Hailed as one of the biggest success stories in tech, Uber (NYSE: UBER) has had an interesting year.
Uber Technologies, Inc. (NYSE:UBER ) Barclays 22nd Annual Global Technology Conference Call December 11, 2024 4:20 PM ET Company Participants Prashanth Mahendra-Rajah - Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Ross Sandler All right. We're going to get started.
Uber reportedly told New York City's taxi regulator that proposed changes to commercial auto insurance requirements may leave drivers unable to insure their vehicles. The company submitted written comments ahead of the Taxi and Limousine Commission's public hearing Wednesday (Dec. 11), Bloomberg reported Wednesday.
The rise of autonomous driving is proving to be the biggest perceived risk to my investment thesis for Uber in the long term. Last week, Uber stock crashed 10% when Google-backed Waymo announced plans to expand to Miami through its partnership with Moove, an African mobility platform. After evaluating Uber's strategic positioning in the ridesharing market with access to invaluable demand and supply data, I believe the market reaction to Waymo's expansion is exaggerated.