Uber Technologies (UBER) ended the recent trading session at $76.98, demonstrating a +0.76% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.72%. Elsewhere, the Dow saw a downswing of 1%, while the tech-heavy Nasdaq depreciated by 0.95%.Coming into today, shares of the ride-hailing company had lost 6.03% in the past month. In that same time, the Computer and Technology sector gained 2.34%, while the S&P 500 gained 2.16%.Market participants will be ...

Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this ride-hailing company have returned -5%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Services industry, which Uber falls in, has gained 7.5%. The key question now is: What could be the stock's future direction?While medi ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Uber Technologies (UBER) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Uber Technologies is one of 620 companies in the Computer an ...

EXCLUSIVE: Uber is calling on riders to urge Minnesota lawmakers to pass statewide legislation that would pave the way for the return of ride-share services in Minneapolis and neighboring communities. "Tell state lawmakers to #BringRidesBack and pass comprehensive statewide legislation that raises drivers’ earnings, protects their flexibility, and keeps ridesharing affordable," Camiel Irving, Uber's head of U.S. and Canada rides, wrote in a Wednesday email to riders about the company's plans to cease operat ...

Although I generally remain bullish on Uber (NYSE:UBER) stock, the company does have meaningful threats in the medium term that are worth watching. Still, I expect the shares to perform quite well over the next two or three years. Therefore, I do recommend that long-term investors who are looking for exposure to the U.S. travel sector buy the shares. Exposure to Positive Trends in the U.S.As I noted in a previous column, UBER stock should benefit from strong U.S. economic growth, the country’s healthy labor ...

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) 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 ...

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 ...

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 ...

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 ...