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Uber and Lyft drivers in Minnesota will see higher pay thanks to a deal between the state and the country's two largest ride-hailing companies. The upshot: a new law that gives some protections to drivers while placing limits on state government.
Uber operates ride-hailing, food delivery, and commercial freight platforms. Uber's businesses could benefit from autonomous vehicles, because they potentially eliminate its single largest cost.
Uber continues to report strong growth in terms of users and gross bookings. Investors shouldn't expect the rapid gains to continue forever, especially as Uber's expansion runway naturally shrinks over time.
Uber's user base, as well as gross bookings, continue rising at a double-digit pace. This company has now posted four straight quarters of positive operating income.
Indian stocks have continued their march higher. Recent volatility indicates not all of the positives have been priced in. Having lagged the smaller caps, an uber cap 'catch up' is overdue.
As consumers increasingly look for guidance from trusted friends and content creators to inform their shopping, Uber is integrating a social element into its Eats platform.
As consumers increasingly look for guidance from trusted friends and content creators to inform their shopping, Uber is integrating a social element into its Eats platform.
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's "Halftime Report" to explain why he bought more Uber.
SAN FRANCISCO--(BUSINESS WIRE)--Daffodil Health, provider of healthcare pricing and administration AI-powered solutions, today announced it raised $4.6 million in a seed funding round led by Maverick Ventures, with participation from Epic Ventures. The funding announcement comes at a time when more than $1T is spent on healthcare admin, much of it wasted and with limited to no benefit to patients. Technologies like AI and large language models make it possible to uber-automate healthcare proces.
Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s bus service, ride share offerings and expanded grocery delivery partnership with Costco are set to fuel booking growth, analysts say. Bank of America maintained a ‘buy' rating on Uber following its Go-Get event, in which the travel products were showcased and the partnership was unveiled.