UBER Stock Recent News

Uber Technologies (UBER 0.03%) has come a long way from its early days as a cash-burning disruptor of the taxi industry. Today, it's a profitable global platform with multiple engines of growth that span mobility, food delivery, logistics, and advertising.

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Starting off a portfolio with $1,000 may seem overly modest, but it can be a great place to begin. The more challenging task is finding stocks that can turn $1,000 into a significantly larger sum without incurring excessive risk.

Uber's driverless car partnership with Lucid and Nuro isn't scaring gig workers. Ride-hailing drivers said that Uber will need to address the technology's limitations and costs.

Billionaire Bill Ackman is a prominent hedge fund manager well known for holding a relatively small number of high-conviction stocks. His firm, Pershing Square Capital Management, currently has $12 billion invested in 11 companies.

Uber Technologies, Inc.'s partnership with Lucid and Nuro to deploy 20,000 autonomous SUVs marks a major, real-money commitment to AV, not just another hype cycle. Lucid's advanced EV tech is validated by this deal, but its financial struggles and execution risks remain—this is not an instant turnaround. Uber gains strategic control over its AV future, cutting labor costs and owning the customer relationship, making this a meaningful catalyst for the company.

Lucid Group, Inc.'s partnership with Uber Technologies, Inc. and Nuro to deploy 20,000 Gravity EVs as robotaxis is a major catalyst for delivery and sales growth. This deal addresses Lucid's biggest weakness—slow delivery scale-up—and opens the door to the lucrative autonomous vehicle market. LCID stock's 36% surge and breakout above key moving averages signal renewed investor optimism and potential for further upside momentum.

Uber Technologies, Inc. UBER just made a multi-billion dollar bet on Lucid Motors Group, Inc. LCID and Wall Street is buzzing about the deal.

UBER teams with Baidu, Lucid and Nuro to scale autonomous ride-hailing across global markets, aiming for long-term growth.

Uber Technologies (UBER -0.19%) has come a long way from its cash-burning days.