Jefferies Reiterates Buy Rating on Uber Inc. (UBER)

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Uber (UBER) and WeRide (WRD) Launch Autonomous Mobility Service in Abu Dhabi

December 6, 2024 6:08 AM EST

Uber Technologies, Inc. (NYSE: UBER), the worlds largest mobility and delivery technology platform, and WeRide (NASDAQ: WRD), the worlds first publicly listed Robotaxi company and a global leader in autonomous driving technology, have announced the launch of their ride-hailing... More

Uber (UBER) call put ratio 2 calls to 1 put amid price movement

December 6, 2024 5:27 AM EST

Uber (NYSE: UBER) 30-day option implied volatility is at 38; compared to its 52-week range of 29 to 60. Call put ratio 2 calls to 1 put amid price movement.

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BTIG Reiterates Buy Rating on Uber Inc. (UBER) Amid 10pct Decline Today

December 5, 2024 3:40 PM EST

BTIG analyst Jake Fuller reiterated a Buy rating and $90.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Waymo (Private) is the AV rideshare leader, but it is unclear whether it will ultimately prove to be friend or foe to UBER. Highlights: 1) Waymo... More

Uber (UBER) Lyft (LYFT) Weakness Tied to News Google's Waymo is expanding to Miami

December 5, 2024 10:41 AM EST

Uber (NYSE: UBER) Lyft (NASDAQ: LYFT) Weakness Tied to News Google's Waymo is expanding to Miami

Uber fell 4% and Lyft was down over 3%.

Earlier Waymo announced:

Get ready for a touch of magic in the Magic City. We're excited to announce that Waymo One will be expanding to Miami!

While Miami is known for its sun and fun, the city is also an emerging hub for innovation. Waymos autonomous driving technology offers an opportunity to provide safer, more accessible, all-electric mobility to Miamis... More

Toast (TOST) and Uber (UBER) Expand Partnership, Helping Restaurants Reduce Costs and Reach More Diners with Commission-Free Delivery

December 5, 2024 8:03 AM EST

Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, and Uber Technologies, Inc. (NYSE: UBER) are excited to announce an expanded partnership, giving restaurants increased choice, and their guests more ways to get their favorite foods delivered to their door while helping restaurants reduce costs and expand their reach.

The new integration between Toast Delivery Services and Uber Direct will allow restaurants across the U.S. to save on delivery fees, expand their delivery radius, and leverage Uber's extensive delivery network to offer local delivery of... More

3 reasons why AVs are positive for Uber, not negative: JMP

December 4, 2024 4:00 PM EST

JMP Securities analysts believe that autonomous vehicles (AVs) will be a significant positive for Uber (NYSE: UBER), even though they might pose challenges in terms of competition.

According to the firm, AVs will lead to a reduction in ride-sharing costs, attract more consumers to ride-sharing services, and expand the total addressable market (TAM).

Lower Costs and Increased Market Adoption: One of the biggest cost inputs for U.S. ride-sharing services today is driver labor,... More