|Day's Range||4.5400 - 4.5400|
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...
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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.
SAN FRANCISCO & MOUNTAIN VIEW, Calif., May 23, 2023--Today, Waymo and Uber Technologies Inc. (NYSE: UBER) are excited to announce a new, multi-year strategic partnership to make the Waymo Driver available to more people via the Uber platform starting in Phoenix.
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TD Bank Group (TD) has teamed up with Uber to help customers unlock even more value on transportation, meals and more. Thanks to this new relationship, eligible TD cardholders will be able to enroll to receive a free Uber One membership for up to 12 months.
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.
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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”.
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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.