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Uber Can Provide Decent Value To Investors With A Long-Term View
Seeking Alpha· 2024-11-23 10:59
After a difficult start to life as a public company that saw it trade with a negative return for virtually four years, Uber Technologies (NYSE: UBER ) finally sprung to life starting H2 of 2023. The lull in theI'm an individual investor who looks for opportunities primarily in unloved stocks. For the past 10 years, I've invested in stocks in the US as well as abroad in unloved markets like the Middle-East and Africa. Thomas Phelps' 100-1 and Philip Phisher are huge inspirations to my investing approach. I'l ...
Uber Reportedly Investing in Autonomous Driving Firm Pony.ai
PYMNTS.com· 2024-11-21 17:00
When autonomous driving firm Pony.ai goes public, Uber reportedly plans to invest.The ride hailing/food delivery company intends to purchase more than $10 million worth of shares in Pony.ai’s initial public offering (IPO), which is expected to be priced next week, Bloomberg News reported Thursday (Nov. 21), citing sources familiar with the matter.One source told the news outlet that Uber may also consider using China-based Pony.ai’s technology in a project outside of the U.S.PYMNTS has contacted both compan ...
Down -12.82% in 4 Weeks, Here's Why Uber (UBER) Looks Ripe for a Turnaround
ZACKS· 2024-11-21 15:35
Uber Technologies (UBER) has been beaten down lately with too much selling pressure. While the stock has lost 12.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...
Joby Aviation Positioned For Air Taxi Leadership, Thanks To FAA Backing And Uber Partnership: Analyst
Benzinga· 2024-11-19 18:21
Needham analyst Chris Pierce initiated coverage on Joby Aviation, Inc. JOBY at a Buy rating with a price target of $8.The analyst says the company is well-positioned to capture early air taxi market share, supported by its partnership with Uber following the 2020 acquisition of Uber Elevate.JOBY’s focus on software, particularly the ElevateOS platform, is encouraging as it lays the foundation for their future air taxi network, adds the analyst.Pierce says that he is optimistic about FAA air taxi regulation ...
Uber ‘attractive' as robotaxi threat overstated - analyst
Proactiveinvestors NA· 2024-11-19 15:46
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Uber: Platform Expansion Continues As Autonomous Driving Technology Is Rolled Out
Seeking Alpha· 2024-11-19 13:01
Uber (NYSE: UBER ) has a promising growth opportunity as it expands its technology-enabled marketplace horizontally. It is currently the market leader in the mobility and delivery space of the gig economy. With 160+ million consumers inOBA Advisors provides corporate services for overseas entrepreneurs doing business in Hong Kong GBA and ASEAN countries. The firm is a proprietary concern and manages its own investments. The firm's principal is a company secretary / lawyer / trust practitioner, and has indus ...
S&P 500 Gains and Losses Today: Uber Falls as Trump Eyes Looser Self-Driving Rules
Investopedia· 2024-11-18 22:15
Key TakeawaysThe S&P 500 added 0.4% on Monday, Nov. 18, kicking off a trading week that will feature a highly anticipated earnings report from chip giant Nvidia.Supermicro shares regained ground as the server maker prepared to submit a plan to release its delayed annual report, avoiding a possible delisting of its stock by the Nasdaq.Shares of Uber and Lyft lost ground following reports that the incoming presidential administration could relax rules on self-driving vehicles, possibly allowing autonomous rob ...
Uber and Lyft unintentionally sent gig workers' SSN numbers to social media companies, researchers report
Techxplore· 2024-11-18 16:08
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: Credit: Unsplash/CC0 Public Domain When a person applies to work for Uber or Lyft they must fill out several online forms detailing important information, including their date of birth and their driver's license. Applicants must also provide more sensitive information such as their Social Security number.New Northeastern resea ...
Inside Uber's Double-Digit Growth Engine
Seeking Alpha· 2024-11-13 15:22
Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. business schools. Investment Style: We focus on GARP/Value stocks—high-quality, reasonably priced businesses with strong moats and significant growth potential. We prioritize fundamentals and ...
Uber: These Are The Long-Term, Secular And Durable Tailwinds That Make It A Buy
Seeking Alpha· 2024-11-13 07:56
I have been investing in the stock market since I was 17 years old, and over the 25+ years since I have learned the joy of compounding, the value of dividend reinvesting, and the principle that patient investing through good times and bad brings the greatest rewards. I believe the key to creating wealth is the slow accumulation of high quality assets, and the key to enjoying the process of investing is to mix this steady approach with some high risk/high reward opportunities, underappreciated turnaround pla ...