Tiger Global Management's billionaire chief is piling into a market-leading company whose stock has catapulted close to 1,000% over the trailing decade.For some investors, earnings season is the pinnacle of data dumps on Wall Street. This is the six-week period each quarter where the stock market's most prominent and influential businesses lift the hood on their operating results.However, a strong argument can be made that the quarterly filing of Form 13Fs with the Securities and Exchange Commission provide ...

Uber announced a "Women's Preferences" on Wednesday that would allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service. The pilot program will begin in the next few weeks in Los Angeles, San Francisco, and Detroit. The company does not yet have a launch date for other U.S. cities. "Across the US, women riders and drivers have told us they want the option to be matched with other women on trips," the company said in a press release. "W ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG, AMZN either through stock ownership, options, or other derivatives. I wrote this article ...

Group 1: Earnings Season Overview - The earnings season is underway, with investors focused on the performance of leading companies amidst ongoing challenges such as tariffs [1] - Top Wall Street analysts are assessing companies' abilities to navigate short-term difficulties and deliver long-term returns [1] Group 2: Uber Technologies - Uber Technologies (UBER) is expected to report a 17% year-over-year growth in gross bookings to $46.8 billion for Q2, slightly above Street estimates [3][4] - Revenue growth is anticipated at 18%, with EBITDA projected at $2.09 billion, aligning with consensus estimates [4] - Analyst Mark Mahaney believes UBER's stock remains a top pick due to strong growth in Mobility and Delivery bookings, positive user metrics, and successful robotaxi rollouts [5][6] - Mahaney maintains a buy rating on UBER with a price forecast of $115, while TipRanks' AI analyst has an "outperform" rating with a price target of $108 [6][7] Group 3: Alphabet - Alphabet (GOOGL) has a buy rating reaffirmed by JPMorgan analyst Doug Anmuth, with a price target increase to $200 from $195 [8] - The revised price target is based on better channel checks, third-party data, and favorable forex changes, reflecting a multiple of about 20-times the 2026 GAAP EPS estimate of $9.89 [9] - Anmuth highlights Alphabet's solid fundamentals, innovation focus, and potential growth in non-ad businesses like Cloud and YouTube subscriptions [11][12] - The company is expected to benefit from advances in Generative AI and a shift in advertising dollars to online channels [12][13] Group 4: Meta Platforms - Meta Platforms (META) has a raised price target of $795 from $735, with a maintained buy rating ahead of Q2 results [14] - The upgraded price target is based on a multiple of about 27-times the 2026 GAAP EPS estimate of $29.53, reflecting confidence in robust top-line growth and cost efficiencies [15] - Anmuth emphasizes Meta's competitive advantages, including its scale, growth, and profitability, as well as its targeting capabilities for advertisers [16][17] - The company is expected to invest in growth opportunities in AI and the Metaverse while maintaining cost discipline [17]

Group 1 - Uber is partnering with Baidu to deploy thousands of driverless vehicles on its ride-sharing platform across multiple international markets [1][4] - The initial deployments of driverless rides are expected to occur later this year in the Middle East and Asia [2] - Baidu's CEO stated that this partnership marks a significant milestone in the global deployment of their technology [4] Group 2 - Earlier in the year, Uber collaborated with Waymo to offer driverless rides in Austin and Atlanta [7] - Uber is also working with Volkswagen to launch all-electric, autonomous shared rides in the U.S. by 2026 [7][8] - Baidu's Apollo Go services have completed over 11 million rides across 15 cities as of May [10]

Core Viewpoint - Palantir Technologies shares have increased by 400% over the past year, with a current market value of $335 billion, while predictions suggest Uber Technologies and CoreWeave could reach $340 billion by late 2028, presenting significant implications for shareholders [1] Group 1: Uber Technologies - Uber holds a 76% share in the U.S. ride-sharing market and ranks second in the restaurant food delivery market with a 24% share, also leading in ride-sharing services in nine other countries and food delivery in eight countries [3] - The company reported a 14% increase in monthly active users and an 18% rise in total trips, leading to a 14% revenue growth to $11.5 billion, driven by mobility and delivery segments, despite a decline in freight sales [4] - Adjusted EBITDA rose by 35% to $1.9 billion, indicating strong operational performance [4] - Although not a traditional AI stock, Uber utilizes AI for route optimization and pricing, with autonomous vehicles seen as a potential catalyst for growth, supported by partnerships with companies like Waymo and Motional [5][6] - Current market value of Uber is $201 billion, with a potential increase to $340 billion by late 2028, suggesting a 69% rise in stock price to $163 per share, equating to annual returns of approximately 16% [7] - Projected earnings growth of 26% annually over the next three to five years could support a valuation of $340 billion at a reasonable 12.4 times earnings by 2028 [8] Group 2: CoreWeave - CoreWeave specializes in cloud infrastructure and software services for AI and high-performance computing, closely collaborating with Nvidia to deploy new technologies [9] - The company was recently ranked as the leading AI cloud by SemiAnalysis, outperforming major competitors like AWS and Microsoft Azure [10] - CoreWeave reported a remarkable 420% revenue increase to $981 million and a 550% rise in adjusted operating income to $162 million [10] - Plans to acquire Core Scientific in an all-stock transaction aim to enhance efficiency through vertical integration, potentially eliminating $10 billion in future lease overhead [11] - This acquisition is expected to lower the cost of capital for CoreWeave, enhancing operational efficiency in deploying AI and HPC workloads [12] - Current market value of CoreWeave is $63 billion, with a potential increase to $340 billion by late 2028, indicating a 440% rise in stock price to $702 per share, translating to annual returns of about 62% [7] - Revenue is forecasted to grow at 69% annually through 2028, supporting a valuation of $340 billion at a more reasonable 20 times sales [12]

Group 1 - Uber Technologies, Inc. is the world's largest ride-sharing platform and has experienced a volatile stock price in recent quarters due to recent progress [1] - The volatility in Uber's stock price is primarily attributed to developments within the company [1] Group 2 - The article does not provide specific financial metrics or performance data related to Uber's stock or operations [1]

Group 1: Chipotle Mexican Grill (CMG) - Bill Ackman has sold 85% of his peak stake in Chipotle over the past seven years, reducing his holdings from 144,123,150 shares in June 2018 to 21,541,177 shares by March 2025 [6][9][10] - Chipotle's stock has outperformed significantly, gaining 562% since mid-2018, which is 431 percentage points above the S&P 500 during the same period [10] - The company's current forward P/E ratio stands at 40, which is considered high given the recent slowdown in comparable restaurant sales, including a reported decline of 0.4% in the March-ended quarter [13][14] - Chipotle's innovation and premium positioning in the restaurant sector have contributed to its valuation, but there are concerns about the sustainability of this growth amid inflationary pressures [12][14] Group 2: Uber Technologies (UBER) - Ackman has acquired 30,301,161 shares of Uber, making it the largest holding in Pershing Square's portfolio, representing almost 19% of invested assets [17] - The global addressable market for ride-sharing is projected to grow from $87.7 billion in 2025 to $918.2 billion by 2033, indicating a potential tenfold increase [18] - Ackman praises Uber's management under CEO Dara Khosrowshahi for transforming the company into a profitable growth machine [19] - Uber's current forward P/E ratio is 27, and its price-to-sales ratio is 4.4, which is significantly higher than its main competitor Lyft, raising questions about the justification for this premium [20][21] - The success of Ackman's investment in Uber will depend on how well the company manages new competition and maintains its pricing power [22]

Core Insights - Bill Ackman maintains a concentrated portfolio with only 10 high-conviction companies, which allows for potential market-beating returns [1][2] Group 1: Top Holdings - Uber constitutes 19.7% of Pershing Square's portfolio, with Ackman acquiring 30.3 million shares at the start of 2025, and the stock has risen approximately 55% since then [4][8] - Uber has a strong user base of 170 million monthly active users and is experiencing growth in gross bookings by 14% last quarter, with EBITDA increasing by 35% and free cash flow growing by 66% [5][7] - Brookfield represents 18.4% of the portfolio, with a diversified business model across real estate, renewable power, and infrastructure, achieving an average growth rate of 19% in distributable earnings per share over the past five years [9][11] - Howard Hughes Holdings accounts for 13.3% of the portfolio, with Ackman acquiring a 46.9% economic stake and aiming to transform it into a diversified holding company, while the company's net asset value is estimated at $5.8 billion per share, compared to a market cap of $4 billion [13][15][18] Group 2: Financial Performance - Uber's enterprise value is less than 23 times forward EBITDA estimates, with management expecting EBITDA growth above 30% in the coming years, indicating an attractive valuation [8] - Brookfield's stock trades at 19 times trailing earnings per share, suggesting it is undervalued compared to peers despite strong growth expectations [12] - Howard Hughes generates strong operating cash flow from real estate sales and rental income, allowing for reinvestment into new projects while maintaining strong returns on capital [16]

Drivers for Uber in British Columbia, Canada, joined a union in an effort to negotiate what they said would be the country’s first collective agreement for ride-share drivers https://t.co/7A0muyVdp1 ...