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Uber CEO says the company is ‘well-positioned’ on autonomous vehicles—but gains are still a long way off
Uber reported strong quarterly results and highlighted its autonomous vehicle plans in a Wednesday earnings call. However, the company's stock slipped due to the strong U.S. dollar. Uber celebrated a strong quarter and talked up its position in the autonomous vehicles market in Wednesday's earnings call—but was rewarded with a stock slip of more than 7%.
Uber Is Making Progress Expanding Its Autonomous Vehicle Capabilities
Shares of Ride-hailing giant Uber Technologies (UBER) took a hit today due to disappointing guidance for FY25 and an increase in currency risk.
Uber CEO: Autonomous vehicles introduce both uncertainty and huge opportunity
Dara Khosrowshahi, Uber CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings report, expectations for autonomous vehicles, and more.
35m
Uber price target lowered to $80 from $84 at DA Davidson
DA Davidson lowered the firm’s price target on Uber (UBER) to $80 from $84 but keeps a Buy rating on the shares. The company reported “solid” ...
1h
Uber's Hype Vs Reality: What Investors Need To Consider Before Buying In
Financial writer analyzes Uber's Q4 results, finds disconnect between commentary and performance, identifies risks, predicts ...
1d
on MSN
Uber Shares Fall on Earnings Miss Amid Rising Legal Expenses
Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, citing legal and ...
1d
on MSN
Uber’s stock falls in the face of its ‘strongest quarter ever.’ Here’s why.
The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current ...
3h
Uber: One Of The Most Misunderstood Names In US Markets Today
Uber's Q4 results were strong, with 20% y/y revenue growth and a 386.4% y/y increase in EPS, but Q1 guidance was softer due ...
Disability Scoop
9h
Uber Adds Option For Riders With Service Animals
Uber is introducing a new feature to better accommodate passengers with disabilities who have long complained that they face ...
18h
on MSN
Uber opens waitlist for Waymo robotaxi rides in Austin. Here's how to sign up
The long-awaited partnership between Uber and Waymo has hit the road in Austin as the brands announced riders are now able to ...
2d
Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
1d
on MSN
Uber to Austin: get ready for Waymo
Uber is inviting customers to join an interest list if they want to ride in a Waymo robotaxi.
13h
Prosecution rests in trial of Pitcairn man accused of killing Uber driver in 2022
Detectives testified to how they found the dash camera, which they said was tossed from Christina Spicuzza’s car. On Thursday ...
2d
Some Uber, Lyft drivers say pay has declined since new minimum wage enacted
It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...
1d
Uber CEO says making self-driving taxis mainstream will 'take way, way longer'
Uber CEO Dara Khosrowshahi described fleets of self-driving cars as a long way off, given challenges such as parking and ...
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