UBER News and Press, Uber Technologies Inc. From 12/12/22

Summary Domino's has been a stellar growth stock over an extended period. The sharp selloff has presented long-term-oriented investors with a reasonable entry point. The company looks set to continue to tap into key markets for growth in a straightforward way. ...

Summary Not long ago, driverless vehicles were the stuff of science fiction. Today, the rollout of autonomous vehicles is rapidly gathering pace across the globe. The global transportation industry appears to be metamorphosizing at speed. We believe the future of mobility is autonom...

Uber Technologies ( NYSE: UBER ) shares rose more than 1% on Friday as the mobility company sued the New York City Taxi & Limousine Commission to try to block a pay increase for its drivers that it called "dramatic, unprecedented and unsupported." The fare increase was approved by...

Summary GM's Cruise is targeting $1 billion in revenues by 2025 as it plans to ramp up expansion plans in 2023. Cruise has about 300 autonomous vehicles in its fleet currently, with about 70 operating a paid commercial service in San Francisco. Cruise is gearing up to launch in Aust...

Summary In today's article, we bring you the latest update in our recurring series based on analyzing 13F filings and the latest moves of some of the world's most renowned funds. Soros Fund Management still seems to be after heavily discounted technology companies, while executing succe...

Summary Technology shares have been hammered in 2022 and this may be exacerbated in the next few weeks by tax loss selling. Today I highlight 3 bargains I've recently been buying thanks to the tech wreck. I expect each of these stocks to appreciate 50%+ looking out 2-3 years. ...

Shares of Booking Holdings (NASDAQ: BKNG) , Southwest Airlines (NYSE: LUV) , and Uber (NYSE: UBER) all fell on Wednesday, down 3.5%, 3.6%, and 2.3%, respectively, as of 1:20 p.m. EST. As recession fears loom over the economy, it appears several analysts and investors a...

MOTIONAL LAUNCHES FIRST ROBOTAXI SERVICE ON THE UBER NETWORK PR Newswire This will be the first time public riders can access a Motional autonomous vehicle (AV) on Uber's network, starting with Las Vegas . This launch follows the recent announcement of a 10-year fr...

Uber Technologies ( NYSE: UBER ) and driverless technology company Motional announced that they will bring a robotaxi service to Las Vegas, letting riders grab an autonomous ride on Uber's app. The announcement is part of a 10-year, non-exclusive agreement for the two companies an...

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...