UBER Stock Recent News
UBER LATEST HEADLINES
Uber Technologies Inc. (NYSE: UBER) saw its stock surge by 10.81% on Friday, closing at $86.34. This unexpected rise followed Tesla's (NASDAQ: TSLA) much-anticipated robotaxi reveal, which had initially raised concerns among investors about potential competition in the ride-hailing business.
Elon Musk's brief Cybercab unveiling doesn't hurt the case for the ride-booking operator's key role in the robotaxi business.
Major U.S. equities indexes ticked higher during the week's final trading session as the latest Producer Price Index (PPI) data showed wholesale prices remained flat in September after rising 0.2% in the previous month.
Tesla Inc's TSLA recent "We, Robot" event, which showcased the CyberCab and RoboVan, left many wondering how it might impact the rideshare space.
Shares of Uber Technologies (UBER) jumped to a record high on Friday after Tesla's (TSLA) much-anticipated robotaxi launch event failed to live up to ridesharing investors' fears.
Tesla's Robotaxi Day could impact Uber Technologies, Inc.‘s UBER stock performance and long-term valuation, as analysts see potential gains in Uber's network value from a growing autonomous vehicle market.
The Investment Committee's Bryn Talkington reveals the best and worst stocks in today's Chart Of The Day.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) shares reached an all-time high on Friday following Tesla's much-anticipated robotaxi event held last night. According to Jefferies analysts, the ridesharing platform is poised for growth despite competition from Tesla Inc (NASDAQ:TSLA)'s robotaxi initiatives.
As of Oct. 11, 2024, two stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
A Tesla Inc. TSLA Robotaxi Day event could significantly impact Uber Technolo gies UBER stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla's event could benefit Uber's long-term growth and boost the valuation of the autonomous vehicle sector.