UBER News and Press, Uber Technologies Inc. From 10/06/22

MOTIONAL AND UBER ANNOUNCE INDUSTRY-LEADING MULTIMARKET COMMERCIAL AGREEMENT FOR AUTONOMOUS RIDE-HAIL AND DELIVERY SERVICES PR Newswire 10-year framework agreement is expected to create one of the largest deployments of autonomous vehicles (AVs) on a major ride-hail ne...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips A bear market is a prolonged period of declining stock prices. The term originates from the fact that the stock market often drops as much as 30% in value during such a period . While most investors react to the bear marke...

Wall Street is now bullish on Uber stock ( NYSE:UBER ), with no analysts advising investors to sell. The ride-hailing firm was heavily damaged during the epidemic, but it is today stronger than ever. Uber Stock Market Analysis Uber’s stock ( NYSE:UBE...

Summary I intend to provide an overview of Waymo's current partnerships and what potential there is. Waymo's estimated valuation of $30B currently represents 2.4% of Alphabet's market capitalization. The global autonomous vehicle market is projected to hit around USD $180...

The COVID-19 pandemic decimated swathes of the U.S. economy, particularly during 2020 and the early stages of 2021 when government-mandated social-distancing efforts were at their most intense. With so many people under lockdown orders and working from home, there was much less need for mob...

Summary Philippe Laffont’s 13F portfolio value decreased from $13.67B to $8.26B this quarter. They increased Amazon.com, JD.com, Enphase Energy, Alibaba Group Holdings, and Lucid Group while reducing Rivian Automotive, Visa, Snowflake, Sea Ltd., DoorDash, Nvidia, and Roblox...

Summary Despite falling ~40% year to date, Uber's fundamentals have never looked stronger. Mobility/rideshare bookings are still growing at north of a >50% y/y pace, while Uber has also boosted its take rates. Delivery bookings have also not tapered off in the post-pandemic...

Summary 2022's shifting economic environment has challenged growth stocks as the "easy money" era ends, making positive cash flow a must. Uber Technology's stock value has declined by nearly 50% since I wrote a bearish argument against it last year. Over the past twelve months...

Summary 2Q22 adjusted EBITDA and free cash flows show progress towards its 2024 targets, as management's guidance for 3Q22 adjusted EBITDA and free cash flows shows continued momentum into 2H22. Uber's platform strategy continues to provide structural competitive advantages as it ...

The formula for running a successful business generally isn't a complicated one. As long as your revenue exceeds your costs, you're turning a profit. That's easier said than done, though. Just ask the folks running ride-hailing outfit Lyft (NASDAQ: LYFT) . Although its customers...