UBER News and Press, Uber Technologies Inc.

2023-04-22 04:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy outperfor...

2023-04-21 16:09:40 ET Lyft ( NASDAQ: LYFT ) finished the Friday trading session with a gain of more than 6% after CEO David Risher confirmed the company would "significantly" reduce the size of its workforce. Risher, who took over the top spot earlier this month, told emplo...

Uber Technologies, Inc. (NYSE: UBER) is one today's most active stocks by volume. So far today, approximately 28.33M shares of Uber Technologies, Inc. have been exchanged, as compared to an average 30-day volume of 17.34M shares. Uber Technologies, Inc. develops and operates proprietary techno...

2023-04-21 12:10:22 ET Lyft ( NASDAQ: LYFT ) shares erased earlier losses and gained more than 2% on Friday after it was reported that the company could let go at least 1,200 employees. The ride-sharing company, which named board member David Risher as its new CEO last m...

2023-04-20 19:14:18 ET Summary Tesla, Inc. disappoints with its Q1 results, but there is more than meets the eye. We believe that CEO, Elon Musk, is playing the long game and that involves selling more cars for less. The difference should be made up through the company's auton...

Cartken’s AI-powered sidewalk robots will begin operating in Fairfax, Virginia Building on a successful pilot of autonomous deliveries in Miami, Florida, Uber Technologies, Inc. (NYSE: UBER) and Cartken , an AI-powered robotics company, today announced an expansion of the...

Uber Eats Adds PetSmart to Growing List of North American Retailers PR Newswire PetSmart becomes the first national pet retailer on the Uber Eats app across the US and Canada for on-demand and scheduled delivery of must-have items. SAN FRANCISCO , April 1...

2023-04-17 14:16:57 ET Summary We believe anxiety over inflation is leading investors to overlook opportunities. The market fails to see the potential of domestic and international online grocery markets. DoorDash offers the same potential as Uber but it is trading at a discou...

2023-04-14 12:17:40 ET Summary Revenue should benefit from good demand, China reopening, store count expansion, and growth in the digital and delivery channel. Margins should benefit sales leverage, improving productivity, and price increases. Valuation is lower than historica...

2023-04-13 17:54:49 ET What Are Cyclical Stocks? For the unaware, cyclical stocks are companies that are sensitive to the ups and downs of the business cycle. These stocks tend to perform well during periods of economic expansion when consumer spending and business investment are on...