Uber Technologies Inc
NYSE: UBER
$72.68
+$2.34 (+3.3%)
Closing Price on June 28, 2024
UBER Articles
A class-action lawsuit was filed against Lyft by a former driver in Washington, D.C., contending that the company is contributing to the spread of COVID-19 by its failure to provide paid time off for...
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Uber is scrapping surplus bikes after selling Jump to Lime even as people are looking for transportation alternatives because of the coronavirus.
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Struggling to survive, ride-sharing companies face a potential new threat: Amazon.
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Amazon is reportedly in talks to buy the autonomous mobility company Zoox as it looks to automation to cut warehousing and shipping costs.
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Layoffs in India mark the latest step in Uber's cost-cutting and capital management strategy. But the ride-hailing service also faces legal troubles in California, New York and other states.
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Lyft has been lagging Uber and the S&P index, and a California ballot initiative could be bearish for it and other ride-hailing stocks.
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Analysts like Lyft but it’s battling states over driver classification and the coronavirus has hit ridership hard.
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Uber is eyeing food delivery rival Grubhub as the coronavirus hits ride sharing, but regulators are signalling concerns about such a deal.
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Investors see this San Francisco-based ride-hailing firm as a good stock to own as the U.S. economy begins to reopen from the lockdowns caused by the COVID-19 pandemic. Will AB5 change that?
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Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
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Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
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Uber is reportedly in talks to buy Grubhub. The coronavirus lockdown is boosting the food delivery business, but that could also raise the regulatory bar for a deal.
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Self-driving technology firm Waymo closed a $3 billion round of venture funding on Tuesday. The round was announced in early March and is the first for the company that has until now been supported...
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Uber has run out of ways to attract riders while the spread of COVID-19 requires safety rules and social distancing. Revenue has collapsed.
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Lyft is playing a defensive game, cutting costs and restructuring, but will be enough to keep the company afloat in these trying economic times?
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