Uber Technologies, Inc. (UBER)
Uber Partners Up With Cruise. Why Analysts Expect More Self-Driving Deals.
Uber's new partnership with Cruise is seen by analyst as likely the first of several deals for the ride-hail app.
Uber's autonomous vehicle strategy boosted by Cruise partnership
Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s new partnership with Cruise to bring its autonomous vehicles to the ride-share platform has reinforced the company's role as a demand aggregator, analysts at Bank of America believe. Uber and Cruise, majority-owned by General Motors Company (NYSE:GM), announced on Thursday that it plans to launch the multi-year partnership next year with an unspecified number of Chevy Bolt-based autonomous vehicles (AVs).
Uber ($UBER) and Cruise Partner to Deploy Autonomous Vehicles for Riders
Uber (NYSE: UBER), a technology company focused on making urban transport more sustainable, and Cruise, a transportation innovator building the world's most advanced self-driving vehicles, have announced a multiyear strategic partnership to integrate Cruise's autonomous vehicles into the Uber platform. The companies plan to launch the partnership next year with a dedicated number of Chevy Bolt-based autonomous vehicles.
Uber and Cruise announce multiyear partnership
CNBC's Deirdre Bosa joins 'Closing Bell Overtime' with breaking news on Uber.
Troubled robotaxi company Cruise changes lanes, will partner with Uber
Cruise's trouble-ridden robotaxis are joining Uber's ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers.
Cruise to deploy its autonomous vehicles on Uber platform
Uber and General Motors-backed Cruise said on Thursday Cruise will deploy its autonomous vehicles on the ride-hailing firm's platform.
GM-owned Cruise will partner with Uber to offer driverless rides
Uber Technologies and General Motors' Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as Cruise attempts to revive its robotaxi business after the company ceased operations following an October 2023 incident.
Cruise's robotaxis are coming to the Uber app in 2025
Cruise, General Motors's self-driving subsidiary, said it has signed a multi-year partnership with ride-hailing giant Uber to bring its robotaxis to the ride-hailing platform in 2025.
Opportunities Abound in the Internet Services Industry: 2 Picks
A rate cut this year would be a tailwind for the capital-intensive Internet - Services industry. Uber (UBER) and Zillow Group (ZG) are our picks.
UBER Announces the Joining of Ex-Tesla Charger Executive
UBER announces the appointment of Rebecca Tinucci to supervise its transition to a zero-emission platform.
Earnings Growth & Price Strength Make Uber Technologies (UBER) a Stock to Watch
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
1 Super Stock That Could Turn $200,000 Into $1 Million by 2034
Uber operates the world's largest ride-hailing network, and human drivers are its largest cost by a wide margin. Self-driving vehicles could help Uber pocket more money from each ride, significantly boosting its revenue and profit.
