Headquartered in San Francisco, CA Fiscal year ends December NYSE: UBER uber.com
Uber Technologies, Inc. operates a global technology platform connecting consumers with ride services, food and goods delivery, and freight logistics. The company's Mobility segment facilitates on-demand rides through its app, connecting riders with independent drivers across numerous countries. The Delivery segment enables consumers to order food and other goods from merchants, fulfilled by independent couriers. The Freight segment connects shippers with carriers to facilitate logistics transactions. With over 208 million monthly active platform consumers and 3.9 billion quarterly trips, Uber's platform generates approximately $58 billion in quarterly Gross Bookings. The company is also investing in building a platform for autonomous vehicles at global scale. Updated
Two companies now clear more than $200 billion in annual food orders between them, a duopoly scale that turns every point of share shift into real money for Uber and DoorDash holders.
Uber Eats v. DoorDash The leading food delivery providers now process more than $200B in combined annual orders. $UBER $DASH https://t.co/4OGdZauc0e
Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.
Chips own the board today: Nvidia drew 1,772 comments with traders leaning bullish, while Micron is pulling nearly as much attention and souring fast. Uber is the odd one out, heating up quickly outside the AI trade.
Source: RedditA line that assembles modules in parallel and halves floor space is Tesla's answer to the robotaxi cost question, and cheap fleet units are what pressure Uber and Lyft economics.
We redesigned Cybercab production for production over 5 times faster than conventional automotive manufacturing! https://t.co/OUpLMI7XoG [Quoted @robotaxi]: Our unboxed process for Cybercab assembles vehicle modules in parallel & frames the car in one step at the end. This streamlines automation & reduces the line size by half, unlocking much greater production capacity. The first real revolution in automotive manufacturing in over https://t.co/AbOCFCKM9D
GoPro closed up 43% at 86 cents, a sub-dollar stock swinging harder than anything else in the 111-name priority list. Tesla and SanDisk added better than 5%, while Take-Two led the decliners at 6.5% lower.
Lyft keeps posting record quarters while its stock slides toward multi-year lows, and one analyst sees a path to returns that would make most investors do a double take.
Tesla sits at the bottom of the Magnificent 7 leaderboard while trading at a valuation that leaves almost no room for error, and the latest earnings report raises serious questions about whether…
Tesla just posted a delivery beat that sent shares surging, yet the math behind the stock's valuation tells a far more complicated story about how much upside investors can actually expect.
Lyft's stock keeps falling even as its bookings and cash flow grow stronger, and one analyst sees a full double from here while 29 others are still waiting for proof. The gap…
Uber slid while big tech climbed, and its closest rivals fell even harder, which turns a rough month into a question about whether the pressure comes from Uber itself or something bigger…
Uber's stock has shed nearly 30% over the past year while its cash flow crossed $10 billion and analysts keep raising their targets. One highly respected Wall Street firm sees a path…
DoorDash (NASDAQ:DASH | DASH Price Prediction) stock has slid sharply over the past month, falling by several times what the broad consumer discretionary group has done while large-cap technology has climbed. The…
Uber still holds a 13.5% stake in Grab, a board seat just got surrendered, and billions are now pointed at a completely different continent. The signals buried in a securities filing tell…
Lucid Group (NASDAQ:LCID | LCID Price Prediction) stock is jumping in Thursday morning trading after the electric vehicle (EV) maker unveiled a European autonomous mobility partnership with Bolt, a privately held ride-hailing…
Two CEOs filed the same rare SEC disclosure on the same day, each spending their own money to buy shares in their own company without a prearranged trading plan. What they signaled…
Brian Chesky made a bold claim at Goldman Sachs this week, comparing AI to electricity and calling it the best thing to ever happen to Airbnb. The real question is whether his…
Both Grab and Uber just dropped quarterly results that tell very different stories about where growth actually lives inside each platform. One looks like the obvious winner until you flip the setup…
Uber has shed more than 30% from its highs while posting record free cash flow, and at least one top Wall Street analyst thinks the market has it spectacularly wrong about where…
Markets are taking a beating as crude oil surges past $100 and Treasury yields hit multi-year highs, setting up a make-or-break inflation report that could seal the Fed's next move. Wall Street…
Tesla's expanding robotaxi footprint is sending ripples through the rideshare market, and Uber shareholders are absorbing the hit even though Uber's own results gave them no reason to sell.
Uber Technologies, Inc. operates a global technology platform connecting consumers with ride services, food and goods delivery, and freight logistics. The company's Mobility segment facilitates on-demand rides through its app, connecting riders with independent drivers across numerous countries.
24/7 Wall St.'s 12-month price target for UBER is $107.66, rated Buy. The Wall Street consensus target is $100.86. UBER price prediction →
