|Bid||38.46 x 3200|
|Ask||38.88 x 4000|
|Day's Range||38.22 - 38.76|
|52 Week Range||19.90 - 40.50|
|Beta (5Y Monthly)||1.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Alphabet's (GOOGL) Waymo joins forces with Uber to deliver an autonomous driving experience to the latter's customers.
Uber Technologies (NYSE: UBER) has managed to produce over $500 million in profits from its delivery business over the past two quarters, and there's one key driving force behind the gains. What's more, the advertising business is just getting started, with Uber committing to $1 billion in ad revenue by next year.
After a tough 2022, tech stocks have made a surprising recovery this year, paced by big tech companies and the perception that many of these stocks were oversold. Additionally, layoffs across much of the sector have also helped tech companies slim down and show greater profitability. After a long journey through the doldrums, Uber Technologies (NYSE: UBER) has made a surprising comeback.
Self-driving technology is proliferating, and that could be a threat to Uber's (NYSE: UBER) business. It doesn't have its own self-driving technology like competitors and would need to partner with someone else to compete, which may put the company at a big disadvantage.
Lyft may be reaching for a higher gear in the driverless race. The company is seeking to patent a method for matching autonomous...
After giving up on its own autonomous driving technology years ago, Uber (NYSE: UBER) is now partnering with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Waymo to bring autonomous vehicles to Phoenix, Arizona.
Ride-hailing platform Uber Technologies is stepping up its efforts to go green in India by introducing more electric vehicles, partnering with fleet operators, boosting financing options and giving its users the option to hire electric vehicles while booking their ride. As part of the launch of Uber Green in June, it will add 25,000 electric cars on its platform in partnership with fleet providers like Lithium, Everest and Moove, the company said on Wednesday. The move comes as a new entrant BluSmart, an electric mobility start-up backed by BP's venture fund, is chipping away at the dominance of Uber and SoftBank-backed Ola with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.
There was another changing of the guard in 1995, when industrial conglomerate General Electric became the first-ever $100 billion company. In 2018, Apple (NASDAQ: AAPL) was the first to amass $1 trillion in value, and it has since been joined by Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG).
NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to go green in India by introducing more electric vehicles, partnering with fleet operators, boosting financing options and giving its users the option to hire electric vehicles while booking their ride. As part of the launch of Uber Green in June, it will add 25,000 electric cars on its platform in partnership with fleet providers like Lithium, Everest and Moove, the company said on Wednesday. The move comes as a new entrant BluSmart, an electric mobility start-up backed by BP's venture fund, is chipping away at the dominance of Uber and SoftBank-backed Ola with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.
To keep dreaming its self-driving dream, Uber is entering into a new relationship with an old adversary. Uber and Waymo, the autonomous driving...
(Bloomberg) -- Goldman Sachs Group Inc. has made Japan’s leading taxi-hailing provider, Go Inc., a unicorn with its biggest startup investment in the country.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksXi Upends the Secretive World of $10,000-an-Hour China ExpertsWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutLuxury Stocks Lose $30 Billion in One Day on Demand FearsWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofTokyo-b
Uber Technologies Inc will offer driverless cars on its ride-hailing and food delivery platform later this year through a partnership with Alphabet Inc's Waymo, the companies said. Uber customers will be able to use a set number of Waymo's driverless vehicles for rides and deliveries within a 180 square mile area in Phoenix, Arizona, they said in a blog on Tuesday. Uber's wide network will give Waymo, which also operates in San Francisco and is looking to expand to Los Angeles, "an opportunity to reach even more people," Waymo's co-CEO Tekedra Mawakana said.
(Bloomberg) -- Uber Technologies Inc. will soon begin offering rides in self-driving cars through a partnership with Alphabet Inc.’s Waymo, the companies said on Tuesday, a move that nudges autonomous driving closer to the mainstream. Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealTexas
We managed to elude the so-called earnings 'cliff' many warned of, with many companies posting better-than-expected results and keeping sentiment in line.
Lyft (LYFT) CEO David Risher has said that the rideshare company is 'open' to selling itself, but there's a kicker – there's no obvious acquirer.
(Bloomberg) -- An Uber Technologies Inc. executive was suspended after an attempt to address staff uproar over a company event about race titled “Don’t Call Me Karen” backfired.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustWorld’s Biggest Nuclear Plant May Stay
Bo Young Lee faced criticism for Zoom sessions that focused on white women’s experience of ‘Karen’ stereotype of entitlement
Key Insights The projected fair value for Uber Technologies is US$75.19 based on 2 Stage Free Cash Flow to Equity Uber...
Uber’s head of diversity has been placed on leave after a black employee complained about a “tone-deaf” internal session on white women titled “Don’t Call Me Karen”.
(Bloomberg) -- Uber Technologies Inc. plans to give up about a third of the space at its San Francisco headquarters, adding to a wave of technology companies downsizing in the city.Most Read from BloombergZelenskiy’s Surprise G-7 Stop Unnerves Critical Brazilian LeaderZelenskiy Signals Bakhmut Falling, Russian Casualties HighYellen Doubts US Could Still Pay All of Its Bills by June 15Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession AngstThe ride-hailing company is in the “early stages” of
LYFT continues to struggle, as evidenced by the 24.2% year-to-date decline in its shares.
The next time you go looking for the best possible growth stocks to buy, remember that you don't have to reinvent the wheel every time. Every three months, the U.S. Securities and Exchange Commission (SEC) makes just about anyone with over $100 million under management report their trading activities and the latest round of quarterly disclosures. Billionaire Steven Cohen and the fund he manages, Point72, bought nearly 675,000 shares of Doximity (NYSE: DOCS) in the first quarter.
A Yahoo Finance Live panel examines several of today's top stories, including Uber's new ride service for teenagers, investors targeting bankrupt chain Bed Bath & Beyond, Elon Musk's comments on the work-from-home model, and how the Hollywood writers' strike is impacting Netflix's password sharing policy.
In 2016, Tesla (NASDAQ: TSLA) CEO Elon Musk first revealed plans to develop a fully autonomous self-driving robotaxi. In a wide-ranging interview with CNBC's David Faber yesterday, Musk added a little more color to his vision for the project, and serving as a self-driving ride-hailing platform appears to be a big part of the value proposition. The undisputed global ride-hailing leader today is Uber Technologies (NYSE: UBER), which is currently working on its own self-driving technology.
TORONTO — Canadian teens will soon be able to hitch a ride with Uber as the ride-hailing app works to expand its market. The U.S. tech giant announced at its global product showcase Wednesday that it will begin allowing Canadians between the ages of 13 and 17 to make passenger accounts on the ride-hailing platform over the summer. Teen accounts will first roll out in Western Canada and Quebec followed by Ontario and Nova Scotia. The move to allow teens to use the service is a departure from its