Uber to invest $300 million in EV maker Lucid
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Uber will roll out 20,000 self-driving Lucid Gravity SUVs from 2025 in a $300m investment deal, signalling a major push into autonomous ride-hailing in the US and beyond.
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Why Uber (UBER) Stock Is Up TodayWhat Happened? Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 3.3% in the afternoon session after Wells Fargo analyst raised the price target on the company's stock. Wells Fargo analyst Ken Gawrelski reiterated an "Overweight" rating on Uber and increased the price target to $120 from $100,
Uber’s innovation in autonomous vehicles, strong brand, and global scale make it a long-term investment with trillion-dollar potential. Find out why UBER has a Buy rating.
Uber's gross bookings, for both the mobility and delivery segments, are increasing at healthy double-digit rates. This demonstrates robust demand for its services. Wall Street consensus estimates call for revenue to increase 15% in 2025, 15% in 2026, and 13% in 2027.
Uber Technologies has spent big to expand its ride-hailing service around the globe as its international business lost $237 million in 2014. Company’s international business lost $237 million in ...
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.
Uber (NYSE: UBER) doesn't just want you to book your ride to the airport with its app anymore. It's hoping that soon you'll book your plane ticket and rental car through it, too. With a pilot ...
HONG KONG — The Hong Kong government on Tuesday unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road.
Uber dominates the US ride-sharing market with a 74% share, significantly outpacing competitors like Lyft. The company operates in over 10,000 cities globally, offering ride-sharing, food delivery ...