Waymo will soon have its robotaxis on the road operated by rivals Lyft and Uber as part of Alphabet company's strategy to bring more self-driving cars to the masses. Waymo said Wednesday it will initially provide rides in Nashville through its proprietary app. As the service expands, riders will be able to match with a fully autonomous Waymo on the Lyft app.In its announcement, Waymo said Lyft will oversee vehicle maintenance and depot operations through the ride-hailing company's subsidiary Flexdrive. Fle ...

Group 1 - Uber has launched the Uber Safari service, offering adventure tourism to Nairobi National Park, the only wildlife reserve located within a capital city [1] - The service allows passengers to pre-book daytime or nighttime safari activities through the app, featuring a three-hour guided tour to see lions, rhinos, buffaloes, and leopards [1] - Uber aims to tap into Kenya's $4.3 billion tourism revenue, targeting both domestic tourists and business travelers seeking convenient safari experiences during short stays in Nairobi [1] Group 2 - The tourism industry is a major source of foreign exchange for Kenya, contributing 10.4% to the GDP and 5.5% to formal employment [1] - In 2023, Uber's platform contributed 14.1 billion Kenyan Shillings (approximately $1.09 million) to the Kenyan economy, with one-fifth of this revenue coming from the tourism sector [1]

Key Takeaways Uber hit a 52-week high of $98.86, outpacing the Internet-Services industry and rival Lyft.Strong cash flow, a $20B buyback plan, and AV partnerships drive UBER's growth momentum.UBER joins the S&P 100 on Sept. 22, replacing Charter Communications and boosting visibility.Uber Technologies (UBER) has had a remarkable run so far this year, with its shares hitting a new 52-week high of $98.86 yesterday, Sept. 15. Shares of UBER have gained in double digits so far this year despite the tariff-rela ...

Group 1 - Sands Capital Select Growth Strategy reported a strong recovery in U.S. large-cap growth equities during Q2 2025, with a portfolio return of 27.7%, outperforming the Russell 1000 Growth Index's 17.8% gain [1] - The performance was attributed to muted inflation, strong corporate earnings, and improving sentiment around artificial intelligence and global trade [1] - Uber Technologies, Inc. (NYSE:UBER) was highlighted as a significant stock, achieving a one-month return of 3.70% and a 52-week gain of 35.82%, with a market capitalization of $206.144 billion as of September 15, 2025 [2] Group 2 - Sands Capital sold its stake in Uber Technologies, Inc. after more than five years, having initiated the investment in February 2020, during which Uber grew bookings by over 150% despite pandemic challenges [3] - The investment thesis for Uber was validated as profitability expanded across its mobility and delivery segments [3] - Uber Technologies, Inc. ranked 10th among the 30 Most Popular Stocks Among Hedge Funds, with 152 hedge fund portfolios holding its stock at the end of Q2, up from 145 in the previous quarter [4]

Core Viewpoint - Uber Technologies has shown significant growth in 2025, with a year-to-date stock increase of over 50%, driven by consistent growth and rising profitability [2][3] Financial Performance - In Q2, Uber reported an 18% year-over-year growth in trips and gross bookings, with revenue reaching $12.7 billion and operating income increasing by 82% to $1.5 billion [5] - Adjusted EBITDA rose 35% to $2.1 billion, with margins improving from 3.9% to 4.5% of gross bookings [5] - Free cash flow for the quarter was $2.5 billion, and trailing-twelve-month free cash flow hit a record $8.5 billion [5][8] Business Strategy - Uber's platform strategy is yielding results, with record audience engagement and profitability across its Mobility and Delivery segments [6] - Mobility revenue grew by 19% and Delivery revenue by 25% in the quarter, with management forecasting continued double-digit growth and further year-over-year gains in adjusted EBITDA [7] Share Repurchase Program - Uber has authorized a $20 billion share repurchase program, reflecting confidence in its business and strong cash generation [8] Valuation and Market Position - Following a 55% increase in stock price, Uber's market value is approximately $200 billion, with a price-to-free cash flow ratio in the mid-20s [9] - The current valuation is not considered a bargain, but it remains reasonable given the company's growth and margin expansion [9] Investment Outlook - The investment case for Uber remains strong, with core segments scaling effectively and management's guidance indicating ongoing growth [11] - The stock is viewed as a reasonable buy-and-hold candidate for investors willing to accept platform-economy risks, while existing investors may consider holding to benefit from cash returns and operating leverage [12]

Investment Recommendations - Apollo's stock is approximately 15% off year-to-date, with projected earnings and revenue growth of nearly 20% in 2026 [1] - FTA's spreads are expected to increase as rates decrease, potentially pushing its value above $200 [1] - The materials sector may benefit from lower rates, a cyclical impulse, and ongoing geopolitical tensions [1] - Opportunities may exist in areas related to precious metals, with gold receiving soft affirmation [2] - Uber reached a new all-time high today, approaching $100 [2]

Group 1 - Apollo is currently 15% off year to date, with expectations to grow earnings and revenue by almost 20% in 2026 [1] - FTA has experienced a strong performance, and as interest rates decrease, their lending spreads are expected to increase, potentially pushing the stock above 200 [1] - There is a positive outlook for materials linked to lower interest rates, driven by cyclical impulses and ongoing geopolitical tensions [1] Group 2 - There is a perceived opportunity in sectors related to precious metals, with a soft affirmation of gold prices [2] - Uber has reached a new all-time high, approaching 100 dollars, indicating strong market performance [2]

Core Insights - Companies that excel in growing free cash flow margin outperform other metrics including upward earnings revisions, revenue growth, net income growth, and price momentum [1] Summary by Categories - **Free Cash Flow Margin**: Companies with a strong focus on increasing free cash flow margin demonstrate superior performance compared to other financial metrics [1] - **Earnings Revisions**: The ability to grow free cash flow margin correlates positively with upward revisions in earnings forecasts [1] - **Revenue and Net Income Growth**: Companies that enhance their free cash flow margin also tend to experience better revenue and net income growth [1] - **Price Momentum**: There is a notable relationship between growing free cash flow margin and positive price momentum in the market [1]

Key Points Amazon's portfolio position is significant for Ackman, but it's not his largest one. Uber’s combination of scale, management quality, and undervaluation has been the draw. Ackman calls it “extremely rare” in large caps, and investors can learn key some lessons. 10 stocks we like better than Uber Technologies › When billionaire investor Bill Ackman makes a move, Wall Street pays attention. The founder of Pershing Square has built his reputation on high-conviction, concentrated bets -- o ...

Group 1: Uber's Expansion - Uber is set to expand its transportation offerings by integrating helicopter and seaplane bookings into its app, expected to launch as early as next year [2] - This initiative is a result of a partnership with Joby Aviation, which recently acquired Blade Air Mobility for $125 million, aiming to enhance urban air mobility options [2] - Blade currently offers flights between Manhattan and New York's major airports for $195, although specific launch locations and pricing for the broader service remain undisclosed [2] Group 2: Political Donations by Indian-Americans - A study reveals that Indian-Americans overwhelmingly favor Democratic candidates, contributing nearly three times more to their campaigns than to Republicans [3] - During the 2020 presidential election cycle, Indian-Americans donated $46.6 million to Democratic candidates compared to $16.3 million to Republican candidates [3] - Contributions are concentrated in sectors such as technology, finance, healthcare, and academia, highlighting the political influence of this demographic [3] Group 3: Government Efficiency Critique - Commerce Secretary Howard Lutnick criticized Elon Musk's approach at the Department of Government Efficiency, stating that Musk focused on mass layoffs rather than eliminating waste, fraud, and abuse [4] - Musk's tenure reportedly fell short of its trillion-dollar savings goals, emphasizing the need for more strategic government-cutting efforts [4] Group 4: Economic Warnings for the UK - Economists warn that higher taxes may be necessary for the UK to meet fiscal rules, as public sector net borrowing rose to £151.9 billion, £14.6 billion higher than forecast [6] - The International Monetary Fund (IMF) has reduced the UK's economic growth forecast to 1.1% for this year and increased inflation expectations to 3.1% [6] - Concerns are exacerbated by the potential impact of Donald Trump's tariff wars, which could negatively affect the UK economy and global trade [6]