UBER News and Press, Uber Technologies Inc. From 12/25/22

Summary Uber stock is trading 40% lower than its IPO price. The company has made great strides in growth and profitability. The company maintains a cash-rich balance sheet with a considerable investment portfolio. The stock is offering nearly 200% upside to my fair value target....

Summary In spite of a stock price that has sunk 40% this year, Uber's fundamentals have held up incredibly well. Ridership is now back to pre-COVID levels, and overall company bookings are growing at a ~30% y/y clip. Revenue is growing much faster at a ~80% y/y clip, thanks to a hug...

Summary Long-term expansion in Marqeta is supported by several major secular phenomena. MQ offers one-stop access to the modern payments ecosystem. The MQ software is highly integrated into customers operating processes. Thesis highlight Marqeta ( MQ ) platform is ...

As Uber Technologies ( NYSE: UBER ) tangles with New York City over last month's hike in metered fares, investment firm Bernstein has done some math on just how much more it could cost riders. Analyst Nikhil Devnani said that if Uber ( UBER ) passed on the cost to customers, as ex...

Summary The S&P 500 is down just over 20% since January 4th and a seasonally unusual -6.4% month to date. Sentiment reports may appear bearish, but equity positioning, especially in household portfolios, remains (as shown below in yellow) near the secular peaks of 1966, 2000 and 202...

Uber Partners with Meijer to Expand On-Demand Grocery Delivery Across Midwest PR Newswire Shoppers across Michigan , Indiana , Illinois , Ohio , Wisconsin and Kentucky can access same-day delivery on their favorite grocery items, including fresh produce...

Uber (NYSE: UBER) is incorporating autonomous delivery robots in Miami, Florida. Beginning Thursday, some Miami residents will be able to order their Uber Eats takeout to be delivered via the robot. The service comes to a new partnership between the ride-hailing company and robotics firm Ca...

Uber Eats and Cartken partner for Sidewalk Robot Deliveries PR Newswire Cartken's AI-powered sidewalk robots will land in Miami before multi-city expansion in 2023 MIAMI , Dec. 15, 2022 /PRNewswire/ -- Uber Technologies, Inc . (NYSE: UBER) and...

Summary Chase Coleman’s 13F portfolio value decreased from $11.93B to $10.90B this quarter. Tiger Global added HubSpot and increased ServiceNow, Alphabet, and Uber Technologies while reducing NU Holdings, CrowdStrike, and SentinelOne. The largest three positions are JD.com, M...

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. ...