UBER News and Press, Uber Technologies Inc. From 01/05/23

Jan. 5 (UPI) -- Uber drivers in New York City staged a one-day strike Thursday, protesting the company's lawsuit aimed at blocking new regulations that would ensure them a raise. Drivers rallied together outside the company's offices in Manhattan, holding signs encouraging people to...

Summary Lyft is heavily discounted to peers and offers as much as 60% upside to trade closer alongside Uber in our view. Lyft is closer to long-term continual profitability than competitors and trades near all-time lows. The company continues to operate within Uber's shadow and risk...

Summary A lot of market commentary has been focused on large-cap indices and large-cap stocks. This article analyzes the layer underneath. The small-cap and mid-cap blended ETF has underperformed the small-cap specific ETF and is expected to continue doing so, potentially due to higher ...

Summary Grubhub is in a much better position than the market thinks. Amazon acquisition can be a significant accelerator in value realization and de-intensifying competition in Europe, Canada, and Australia. A narrative shift may unfold in the coming years. Just Eat Takeaw...

Summary I believe that Uber can generate $2/share in free cash flow per share in 2024 and ~$3.50 per share in 2026. While COVID was disruptive to ride-sharing, it killed off many of Uber's competitors and massively accelerated the growth of Uber Eats. Following 2022's tech wreck, VC...

Summary T has quietly partnered with multiple market leaders to address the growing 5G connectivity needs in the automotive industry over the next decade. The early success of T's ambitious endeavor is undeniable, with 55M connected vehicles under its network by FQ3'22, suggesting 44% o...

When it comes to ride-sharing, there are only a handful of options such as public transportation services like buses, metros, or trains. These options often require commuters to stand around and wait for their ride. Uber Technologies (NYSE: UBER) recognized this disconnect and created a o...

Summary Philippe Laffont’s 13F portfolio value increased from $8.26B to $8.61B this quarter. They increased Uber Technologies, Nvidia, and PayPal Holdings while decreasing Tesla, Meta Platforms, Microsoft, and Snowflake. They also dropped Alibaba Group Holding. Their top thre...

Summary Halvorsen's 13F portfolio value decreased marginally from $21.86B to $21.66B this quarter. The number of positions increased from 82 to 88. Viking Global increased Elevance Health, Visa, and McKesson while decreasing T-Mobile US, Parker Hannifin, and Fortive. They also dropped A...

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....