Text size Google’s advertising should hold up relatively better than others, according to the analysts. Angela Weiss /AFP via Getty Images As consumer spending slows, fuel costs rise, and chance...
Tag: Uber
‘I thought it was a sick joke’: They gave up other job offers to work for Coinbase, and are now unemployed
When Hao Jia received an email from Coinbase that his job offer had been rescinded, he was on his way to watch “Top Gun: Maverick,” the blockbuster movie starring Tom Cruise. Jia’s girlfriend had aske...
Uber could be a $53 stock: ‘time to start accumulating position’
Uber Technologies Inc (NYSE: UBER) is up 4.0% on Wednesday after a Barclays analyst said the stock could more than double from here. Uber could benefit from a recession Ross Sandler reiterated his &ld...
It’s Time to Take Powell at His Word
By BOB LANG Jun 06, 2022 | 01:30 PM EDT Stocks quotes in this article: UBER, LYFT No more lip service from you, Jay PowellThe Chairman of the Federal Reserve has notably been sanguine about inflation,...
Eva Ados: Uber stock down 50% year-to-date is ‘not’ a buy
The ongoing risk-off in tech stocks has Uber Technologies Inc (NYSE: UBER) down nearly 50% at present. Still, shares of the ride-hailing company remain unattractive for ERShares’ Chief Investmen...
Nvidia to Slow Hiring Amid Inflationary Environment
The technology industry has been cutting back as it struggles to deal with rising inflation and a deteriorating global economic environment. Justin Sullivan/Getty Images Text size Nvidia (ticker: NVDA...
Waymo Prepares To Bring Robotaxi Service To Phoenix Airport And More
Waymo vehicles in Phoenix and near the airport Wayno Waymo (fomerly Google GOOG car) CEO Dmitri Dolgov announced today a further expansion of their efforts in Phoenix, on top of the expansions recount...
Uber Launches Robot Food Delivery in Two California Cities
According to the report, the sidewalk robot is powered by “Serve Robotics, a spin-off of delivery company Postmates,” which was acquired by Uber in 2020. Uber Technologies Inc (NYSE: UBER) has stated ...
Five telling words in the Uber CEO’s letter to employees — Quartz at Work
Uber CEO Dara Khosrowshahi sent his staff a Sunday-night email this week, setting expectations for a change toward corporate austerity measures at the ride-hailing and delivery app, just days after a ...
Uber CEO tells staff hiring is now a ‘privilege’ and warns he’s getting ‘hard-core’ on costs
Uber will begin to “treat hiring as a privilege” as the company seeks to slash costs, the company’s CEO told employees over the weekend. In a letter to employees first published by CNBC, chief executi...
Palantir, Rivian, Uber and more
Take a look at some of the biggest movers in the premarket: Palantir Technologies (PLTR) – The data analytics software company’s shares plunged 15.1% in premarket trading after posting a mixed q...
Uber Stock Is Rolling Over. Is It a Buy Now?
Uber (UBER) – Get Uber Technologies, Inc. Report stock was hit hard on Wednesday, driven partly by the action in ride-sharing rival Lyft (LYFT) – Get Lyft, Inc. Class A Report. In the fa...
Uber Reports High Q1 2022 Revenue Growth but Came Down with Loss
Uber recorded as much as a $5.9 billion equity loss that can be attributed to its equity investments. American ride-hailing giant, Uber Technologies Inc (NYSE: UBER) has released its Q1 2022 financial...
Uber, Lyft, Airbnb, Starbucks and more
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft ...
Uber, Brinker, Generac and more
Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes incr...
Uber is more protected against inflation than its rivals
Uber Technologies Inc (NYSE: UBER) is a stock that’s more protected against inflation than its rivals, says a senior expert at Morgan Stanley. Shares of the San Francisco-headquartered company are dow...
Robotaxi Services Must Go Beyond To Be Car Replacements, And Maybe Even Link Up
Waymo’s planned robotaxi vehicle, body made by Geely/Zeekr Waymo Most self-driving players are aiming to build a robotaxi (and even Tesla recently announced even more effort on that plan, though...
Between Uber and Lyft, which is the better buy?
Uber Technologies Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT) are the two leading ride-hailing services. They face similar operating and regulatory environments. However, each of the two companies ha...
Uber Abandons Mask Mandate For Riders And Drivers
Topline Uber will no longer require passengers or drivers to wear masks during rides, the company said on Tuesday, a day after a federal judge threw out the federal government’s mandate requiring mask...
Rakuten Group Announces Collaboration with Uber Eats Japan
Rakuten Group, a leading Japanese internet company, announced on Monday a collaboration to integrate Uber Eats with Rakuten Pay’s online payment service through the Rakuten ID System. According to the...
How Autonomy And Design Got Me Thinking
When planning to leave Silicon Valley, never once did it cross my mind that the ride to SFO would be on an autonomously enabled car, driven by first-generation business owner. Never did a new approach...
GameStop, Uber, Nielsen Holdings and more
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines i...