UBER News and Press, Uber Technologies Inc. From 10/11/22

Uber Technologies Inc ( NYSE: UBER ) is in focus this morning after the U.S. Department of Labour proposed a new rule that “could” disable it from classifying its gig workers as independent contractors. Why is it a bad thing for Uber shares? If adopted, the pro...

U.S. stocks fell Tuesday as investors worried that higher interest rates and stubborn inflation will tip the economy into recession and hurt corporate earnings. The Dow Jones Industrials jumped 180.4 points, to break for lunch Tuesday at 29,383.29, uplifted by jumps in Amgen and Walgree...

Shares of Uber Technologies (NYSE: UBER) were down 9%, as of 11:06 a.m. ET on Tuesday. Ridesharing companies could be facing a potential headwind from the U.S. Department of Labor's proposal to treat certain contract workers as company employees. This would entitle independent contr...

Uber Technologies ( NYSE: UBER ) and Lyft ( NASDAQ: LYFT ) plunged on Tuesday, each falling more than 10%, after the Biden Administration issued a proposal that could result in gig economy workers becoming full-time employees. On Tuesday, the Labor Department unvei...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: JHVEPhoto / Shutterstock.com PayPal (NASDAQ: PYPL ) stock is sinking about 5% in early trading and trending on social media today. The fintech company is in the spotlight after a leaked document indicated ...

Summary We are bullish on Uber. We believe the company is rebounding from its pandemic lows, with its Mobility & Delivery segments driving growth and profitability. Uber's 2Q22 reported the company's first positive cash flow quarter, and we believe the company presents an attr...

Uber Stock ( NYSE:UBER ) On Thursday, Uber ( NYSE:UBER ) entered into new agreement with Motional, a firm specializing in driverless technology, marking another significant step forward in autonomous driving. As a result, Uber stock gained this morning. In ...

Summary Congressional insider trading is a rare topic in U.S. politics which led to bipartisan support in limiting the ability of lawmakers to participate in securities trading. As the nature of their service makes them privy to information not ordinarily accessible to the public,...

Uber ( NYSE: UBER ) on Thursday took another step forward into the autonomous driving world with a new partnership with driverless technology company Motional. Under terms of the deal, Uber ( UBER ) will begin deploying Hyundai's electric Ioniq 5 robotaxis that incorpo...

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...