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Uber Technologies (UBER) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-06-13 06:46
Uber Technologies (UBER) ended the recent trading session at $85.62, demonstrating a -1.11% change from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.38%. At the same time, the Dow added 0.24%, and the tech-heavy Nasdaq gained 0.24%. Heading into today, shares of the ride-hailing company had lost 4.24% over the past month, lagging the Computer and Technology sector's gain of 11.61% and the S&P 500's gain of 6.6%.The investment community will be closely monitoring the perf ...
Waymo's Pricey Rides Are Still Stealing Uber, Lyft Customers
Benzinga· 2025-06-13 00:12
Alphabet, Inc. GOOG GOOGL Waymo's robotaxi rides are more expensive than catching a ride from Uber Technologies, Inc. UBER or Lyft, Inc. LYFT, yet demand remains high despite the higher prices. What To Know: Recent data collected by the Obi app — which tracks real-time pricing and wait times for multiple ride-hailing services — was shared with TechCrunch and revealed that Waymo rides were the most expensive. The data showed that in San Francisco, Lyft offered the lowest average fare at $14.44, Uber was next ...
Here's Why Uber's Crown Taxi Acquisition Really Matters
ZACKS· 2025-06-12 01:26
Key Takeaways UBER plans to acquire Crown Taxi to expand operations and strengthen its position in Taiwan's ride market. The deal builds on a 2017 partnership and aims to enhance driver experience and regional ride availability. Crown Taxi boosts UBER's global strategy of engaging in acquisitions to diversify and grow internationally.Uber Technologies (UBER) aims to acquire Crown Taxi, a leading local fleet dispatcher, in a bid to expand its footprint in Taiwan. While the financial terms of the deal were ...
Uber Soars 37% YTD On Robotaxi Deal, M&A Buzz: Strategist Eyes Buy-The-Dip Opportunity
Benzinga· 2025-06-11 02:30
Uber Technologies Inc UBER is cruising, with its stock price up 37.53% in 2025, just 7% shy of its 52-week high of $93.60. Now also boosted by a robotaxi partnership with Wayve, Uber's dominant 68% U.S. rideshare market share and global reach in 10,000 cities keep investors revved up.But with Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, eyeing more mergers and acquisitions (M&A) after Palo Alto Networks Inc's PANW CEO joined Uber's board, can this tech titan keep ...
UBER's Deal With Wayve Furthers its AV Ambitions: Here's How
ZACKS· 2025-06-11 01:16
Key Takeaways The deal with Wayve further highlights the AV ambitions of Uber. Uber outperformed its industry in the past six months, gaining 42.4%. Rival Lyft also aims to be a key player in the lucrative autonomous vehicle market.Uber Technologies (UBER) has signed a deal with Wayve, an autonomous driving and artificial intelligence start-up founded in Cambridge, as it aims to bring self-driving taxis to Britain’s streets next year.To this end, the companies announced a first-ever plan to develop and la ...
Uber is teaming up with a Microsoft-backed startup to launch robotaxis on the chaotic roads of London
Business Insider· 2025-06-10 16:31
自动驾驶出租车合作 - Uber与英国AI初创公司Wayve宣布将在伦敦试运行完全无人驾驶的网约车服务 该服务将采用Wayve的AI自动驾驶技术 [1] - Wayve获得微软和英伟达支持 其CEO表示伦敦是全球最具挑战性的测试环境之一 若能在此验证技术则可在任何地方运行 [2] - 英国政府将自动驾驶出租车试点审批时间从2027年提前至2026年春季 [2] 企业战略与合作 - Uber放弃自研自动驾驶汽车计划 转为与多家自动驾驶公司合作 包括Waymo、WeRide和Pony AI 在奥斯汀、凤凰城等地运营自动驾驶出租车 [3] - Uber去年与Wayve达成协议 计划在全球多个市场部署搭载Wayve技术的自动驾驶汽车 并通过C轮融资向Wayve投资 该轮融资总额达10 5亿美元 软银、英伟达和微软参与 [4] 技术特点与测试进展 - Wayve采用端到端AI模型 模仿人类驾驶反应 不依赖高精地图 与Waymo等技术路线形成差异 [5] - 过去90天Wayve已在90个城市测试自动驾驶车辆 包括瑞士阿尔卑斯山蜿蜒道路、意大利土路及温哥华、东京等多样化城市 [6] - 伦敦试点车辆将配备摄像头、雷达和激光雷达混合传感器 公司认为伦敦道路复杂性适合无安全员的测试环境 测试中AI系统成功处理了国王十字区施工等障碍 [7] 市场扩张目标 - Wayve CEO提出目标 要让机器人出租车进入Uber运营的所有城市 并强调只有通过端到端机器学习才能实现这种规模 [8]
Uber Partners Up for Margin Gains via Fully Self-Driving Taxis
PYMNTS.com· 2025-06-10 16:01
Consumer adoption may be less of a barrier than expected, with real-world utility and convenience driving public trust; integrating autonomous vehicles into existing platforms like Uber and Lyft helps ease the transition to a service-based mobility model.Technical innovation like multi-policy decision making (MPDM) allows autonomous systems to simulate thousands of potential outcomes in real time, addressing safety and adaptability by reasoning across multiple future scenarios, rather than relying solely on ...
Uber Wins Analyst Praise For Robotaxi Boom, Lyft Faces Tougher Road Ahead
Benzinga· 2025-06-10 01:07
Bank of America Securities analyst Michael McGovern maintained a Buy on Uber Technologies UBER on Tuesday. However, with Waymo’s rapid growth in San Francisco and other US cities, the analyst remained more cautious about Lyft, Inc LYFT and maintained an Underperform.McGovern hosted multiple experts on autonomous vehicles (AV), including Edwin Olsen, the CEO of May Mobility and a former manager at Waymo.May Mobility highlighted how May is one of only two companies currently providing rides without safety dri ...
Best Stock to Buy Right Now: Uber vs. Carvana
The Motley Fool· 2025-06-08 06:41
They're both seemingly doing well, but only one is plugged into an unwavering trend that's built to last.Uber Technologies (UBER 1.10%) and Carvana (CVNA -0.44%) aren't just two different companies. They're seemingly polar opposites. Ride-hailing giant Uber is thriving largely because owning and driving a car is an increasingly expensive hassle. Used car dealer Carvana, conversely, makes it easy and affordable to own your own automobile.One could reasonably argue there's solid -- even growing -- demand for ...
Is Uber Stock a Buy?
The Motley Fool· 2025-06-07 19:00
Uber has become the dominant ride-sharing company, but will autonomy hurt or help the company's future.Uber (UBER 1.10%) has won the ride-sharing market in the U.S. and is a dominant player around the world, but autonomous vehicles are on the horizon, presenting an opportunity and a threat. Looking at the company's strategic position, we answer whether Uber stock is a great buy today or not.*Stock prices used were end-of-day prices of June 3, 2025. The video was published on June 6, 2025. ...