Uber(UBER)
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Uber Keeps Crushing The Competition
Seeking Alpha· 2024-03-20 06:11
Justin Sullivan/Getty Images NewsWhile I continue to be jittery about overall valuations in the stock market, I'm still holding on firmly to my longer-term positions that I think have multiple years of runway ahead. Among my most prominent long-term holds is Uber Technologies (NYSE:UBER), the global rideshare and transportation giant. It's commonly said that the mark of a dominating tech company is when that company's name turns into a commonly used verb. The phrase "to Uber" somewhere has become nearly ...
Uber Technologies (UBER) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-03-19 22:51
Uber Technologies (UBER) ended the recent trading session at $77.08, demonstrating a +1.82% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.83%, and the technology-centric Nasdaq increased by 0.39%.The the stock of ride-hailing company has fallen by 3.46% in the past month, lagging the Computer and Technology sector's gain of 3.42% and the S&P 500's gain of 2.97%.Analysts and investors alike will be keeping ...
Is Trending Stock Uber Technologies, Inc. (UBER) a Buy Now?
Zacks Investment Research· 2024-03-19 14:01
Uber Technologies (UBER) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this ride-hailing company have returned -3.5% over the past month versus the Zacks S&P 500 composite's +3% change. The Zacks Internet - Services industry, to which Uber belongs, has gained 3.5% over this period. Now the key question is: Where could the stock be headed in the near ter ...
Uber Settles Lawsuit With Australian Taxi Drivers for $178 Million
Investopedia· 2024-03-18 14:46
KEY TAKEAWAYSUber Technologies reportedly will pay $272 million Australian dollars ($178 million) to settle a class-action lawsuit brought by thousands of Australian taxi drivers.The Australian lawsuit, filed in 2019, was on behalf of more than 8,000 taxi and hire-car owners and drivers who alleged they lost income when Uber entered the market.Uber declined to comment on specifics of the settlement until the agreement is finalized. Uber Technologies Inc. (UBER) reportedly will pay $272 million Australian do ...
Wall Street Bulls Look Optimistic About Uber (UBER): Should You Buy?
Zacks Investment Research· 2024-03-18 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Uber Technologies (UBER) .Uber currently has an average brokerage recommen ...
Australian taxi drivers win $178 million payout from Uber
TechXplore· 2024-03-18 08:45
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Australian taxi drivers impacted by the rise of ridesharing giant Uber have won US$178 million in compensation, their lawyers said. Australian taxi drivers impacted by the rise of ridesharing giant Uber have won US$178 million in compensation, their lawyers said Monday after settling a grueling legal battle. More than 8,000 ta ...
Uber CEO Khosrowshahi reveals the three goals at the top of his to-do list
TechCrunch· 2024-03-12 16:28
Uber CEO Khosrowshahi reveals the three goals at the top of his to-do list Sustainability, affordability and challenging Amazon are at the top of the list, Khosrowshahi explains at SXSWUber’s future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while on stage this week at SXSW.His vision, which he charted out during an interview with city of Austin Mayor Kirk Watson, isn’t entirely new. The company made a commitment in 2020 tha ...
Why Uber Technologies (UBER) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-03-11 14:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What ar ...
Sound in film: The 'uber geniuses' of the invisible art you just can't cheat
Skynews· 2024-03-09 03:26
Oscar-nominated actors like Cillian Murphy and Carey Mulligan might be the headline-grabbing stars you'll hear mentioned everywhere ahead of this Sunday's ceremony.Lesser known are the names of the "uber geniuses" who've made audiences sit-up and listen in what's been a stand-out year for sound in film. Image: Cillian Murphy in Oppenheimer. Pic: Universal Pictures From the small matter of recreating the noise of an atomic bomb going off for Oppenheimer, to the subtle but menacing churning of the concentr ...
Why Is Uber (UBER) Up 10.9% Since Last Earnings Report?
Zacks Investment Research· 2024-03-08 17:37
A month has gone by since the last earnings report for Uber Technologies (UBER) . Shares have added about 10.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Uber due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat Uber in Q4Uber reported fourth-quarte ...