UBER News and Press, Uber Technologies Inc. From 04/10/23

2023-04-10 05:42:48 ET Emirates Telecommunications Group, the largest UAE telco company will purchase a 50.03% stake in Uber's ( NYSE: UBER ) Middle East, super app Careem. The deal is signed for $400M. Careem’s super app includes a dozen services including food...

2023-04-05 06:15:45 ET Uber Technologies ( NYSE: UBER ) and Brazilian bike-sharing company, Tembici to make electric and common bicycles available on its app in Latin America. Tembici and Itau-sponsored bikes will show up on Uber app initially in the northeastern Brazilian city ...

2023-04-04 13:05:34 ET Summary Delivery Hero is currently trading at -78% from its all-time high. Delivery Hero posted 9.26% YoY gross merchandise value growth in 4Q which is very strong compared to other major services. The food delivery industry is forced to focus on profita...

2023-04-03 15:09:00 ET Summary I cover a wide variety of topics in this article, including buying call and put options as alternatives to leveraged long and short positions. I also discuss how to deal with preferred dividend payments in terms of company earnings, bid-ask spread co...

2023-03-31 15:28:24 ET Summary The eVTOL market could be as much as $9 trillion by 2050, far bigger than the size of the aircraft manufacturing market. The Boeing Company has differentiated its eVTOL product to such a degree that it may dominate this new industry. Mixed messag...

2023-03-31 13:45:02 ET Uber ( NYSE: UBER ) shares rose almost 2% Friday as the ride-hailing leader benefitted from a new partnership that will provide incentives to drivers who us BP ( BP ) hubs to charge their electric cars. The incentives will initially be offered in...

2023-03-30 08:00:00 ET Summary We’re downgrading Lyft to a hold after news of a new CEO next month. We were previously buy-rated on Lyft based on our belief that the company was ripe for a potential takeout scenario. We’re more guarded on the stock after incoming...

2023-03-29 18:59:39 ET Summary Uber has adapted to the increased cost of capital and focused on return on investment, positioning the company favorably in the competitive market. The company's Mobility sector and Multi-Product Membership Platform offer potential for long-term grow...

Uber Eats Launches U.S. Certified Virtual Restaurant Program PR Newswire Starting this month, US restaurants partnering with Uber Eats can easily add brand licensed virtual restaurant concepts for plug-and-play operations. SAN FRANCISCO , March 28, 2023 /...

2023-03-28 06:10:00 ET After coming off a miserable 2022 for the stock market, where the Nasdaq-100 technology index plunged by 33%, Wall Street analysts understandably entered this year with a cautious stance. There are plenty of stocks that appear cheap based on traditional metric...