UBER News and Press, Uber Technologies Inc. From 02/21/23

Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Russia's Putin gives speech following Biden's visit to Ukraine. Ericsson ( ERIC ) said to axe 1,400 jobs in Sweden . Meta ( META ) to launch monthly subscription service ...

Summary Airbnb is currently trading near its initial public offering price. The company is trading at a historically low multiple. The asset-light nature of its business and clear growth runway are a powerful combination. The Little Unicorn That Could In the world of t...

In a bid to go green, Uber Technologies ( NYSE: UBER ) will launch 25,000 electric vehicles (EVs) in India for ride-sharing over three years, reported Reuters on Monday. The ride-hailing platform's fleet partners will buy 25,000 XPRES'T electric vehicle units from Tata ...

Summary Uber's share price is already up nearly 40% year to date. A lot of optimism came from its latest earnings which reported strong growth and profitability. However, a lot of it came from non-operating benefits. The current valuation seems stretched after the rally. I r...

Uber Technologies, Inc. (NYSE: UBER) today announced that Dara Khosrowshahi, CEO, will participate in a keynote at the 2023 Morgan Stanley Technology, Media and Telecom Conference on Monday, March 6, 2023. Mr. Khosrowshahi is scheduled to appear at 10:25am PT (1:25pm ET). A live audio webcast...

Summary This article is the first of a 3-part series discussing 10 sectors that could provide high returns in the future. This first part covers Artificial Intelligence (AI) and Healthcare Technology, highlighting companies and potential growth opportunities. We discuss why you shou...

Summary Delivery Hero is a company managing food delivery platforms. Technology investor Prosus owns 25% of the company. Delivery Hero's recent trading update contained strong growth numbers considering hard comps. The company's EBITDA margin has increased rapidly, and so cash burn ...

Summary Uber reported profits and revenue that beat consensus expectations, thus driving expectations on profit margin improvement. Uber is heavily undervalued in light of forward growth, and improving adjusted EBITDA margins, which we believe can improve to a low-teen range by FY '25. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips iRobot (NASDAQ: IRBT ), which develops robotic systems used to clean homes, announced yesterday that it would lay off about 85 of its workers. The iRobot layoffs will affect about 7% of the firm’s workforce. The ...

They may both be in the ride-hailing business, but Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) couldn't be more different -- at least in terms of fiscal results. The former is inching its way toward operational profitability. At its current pace of progress, the latter ...