Key Takeaways Darden Restaurants shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July. Darden also announced plans to pilot an exclusive delivery partnership between Olive Garden and Uber Eats. The company's earnings and revenue for the first quarter of fiscal 2025 came in slightly below analysts' estimates compiled by Visible Alpha after a hit to foot traffic in July. Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported ...

Olive Garden guests will soon have another option to enjoy their favorite dishes at home, with orders made through Olive Garden channels and delivery powered by Uber Direct; Custom integration preserves team member and guest experience, while growing first-party delivery demand ORLANDO, Fla. and SAN FRANCISCO, Sept. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) and Uber Technologies, Inc. (NYSE: UBER) have entered into an exclusive multi-year delivery partnership, set to begin with Olive Ga ...

Uber has announced the nationwide launch of two features designed to improve the safety of drivers: rider verification and the ability to record video and audio during trips with their smartphones. Both features have been tested in pilot programs and will now be made available in all 50 states, the company said in a Tuesday (Sept. 17) blog post. The rider verification feature will go live nationwide Wednesday (Sept. 18), according to the post. It will enable drivers to see a new "Verified" rider badge for r ...

Uber Technologies Inc. UBER stock has had an impressive run this year, up a stellar 25.37% year-to-date and a whopping 57.36% in the past year. The ride-hailing giant continues to dominate its competition, but some technical indicators suggest a potential slowdown as the stock nears a Death Cross. Yet, bulls remain undeterred, betting on Uber's unique position in the market. Chart created using Benzinga Pro Uber Expanding Safety Features On the operational front, Uber has expanded its safety features, rolli ...

I recommended a buy when I last wrote about Uber Technologies (NYSE: UBER ) on April 24, 2024. The company has several things going for it. With the best technology in the ride-hailing industry, it provides the best ride I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tec ...

Ilya S. Savenok/Getty Images Entertainment Investment Thesis Since going public in 2019, Uber (NYSE:UBER) has spent most of the last 5 years struggling to demonstrate profitability to the street. This changed in 2023 when the company made a post tech-bubble pop push to become profitable, therefore fundamentally changing the narrative around ride-hailing startups. Profits are good for any business, but I think this is just the beginning. Uber's management (and shareholders for that matter) know the key to se ...

Uber Technologies (UBER) shares soared 6.5% in the last trading session to close at $72.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.4% loss over the past four weeks. The uptick was owing to the expansion of UBER's partnership on Robotaxis with Waymo. The partnership has expanded to Austin and Atlanta. From early next year, riders in Austin and Atlanta can hail an autonomous Waymo Jaguar vehicle from within Uber, The exp ...

t th ri 5./15 WEST I continue to view Uber Technologies (NYSE:UBER) stock as a compelling Buy opportunity, with the company being on track to execute on a robust growth trajectory and strategic positioning in both ride-sharing and food delivery markets. In my view, the company's proven ability to drive revenue growth, improve profitability, and expand into new verticals is laudable. Additionally, Uber's strategy in commercializing autonomous driving presents significant potential for long-term value creatio ...

Andrii Dodonov UBER's Investment Thesis Remains Promising - Albeit With Inherent Growth Risks We previously covered Uber Technologies, Inc. (NYSE:UBER) in June 2024, discussing why we had reiterated our Buy rating upon the mixed FQ1'24 earnings call, thanks to the improved margin of safety and its undisputed moat in the ride share market. Even so, with Tesla's (TSLA) Robo-Taxi event coming on October 10, 2024, we might also see moderate volatility in UBER's stock prices, with it remaining to be seen if thei ...

Uber's Bold Step Into Driverless Rides: Here's What It Means for the Future of Travel Will Waymo Partnership Make Uber the King of Robotaxis? Alfonso holds a Bachelor's degree in Economics. With his expertise in financial markets, he delivers insightful analysis and investment strategies. Off work, he enjoys playing soccer, combining his passion for sports with his financial acumen. Uber is taking a giant leap into the future, and it involves zero human drivers. Starting in 2025, you'll be able to hail a fu ...