(UBER) News Today

Uber's global scale, valuation edge and diversification help it stand out over Grab despite both ride-hailing players facing uncertainty.

The gig economy offers multiple benefits. If you wish to take advantage of this popular trend, focusing on stocks like UBER, LYFT and DASH may be judicious.

Uber is positioned to become a global consumer superapp, leveraging proprietary data, network effects, and the Delivery Hero acquisition. UBER's competitive moat is reinforced by the commoditization of AV providers, with its data infrastructure and customer access driving long-term economic profits. The Delivery Hero deal is expected to boost Uber Eats' European and LATAM presence, unlock €1.4B in synergies, and accelerate Uber One membership growth.

Retail investors talked up five hot stocks this week (June 8 to June 12) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, listings, AI infrastructure momentum, and corporate/geopolitical news flow.

Shares in Uber Technologies (UBER) have hit the brakes hard, trading near 52-week lows as fears that autonomous driving companies, including Tesla (TSLA) and Alphabet's (GOOGL) Waymo, will steal market share. @LikeFolio's Megan Brantley says Uber is in first place of the rideshare race, for now.

Uber Technologies Inc. (NYSE:UBER) stock fell more than 2% on Friday, underperforming a broader market rally. The Nasdaq gained 0.27%, and the S&P 500 added 0.39%.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Uber Technologies (UBER) reached $69.49 at the closing of the latest trading day, reflecting a +1.28% change compared to its last close.

Uber's multisided mobility and delivery platforms provide more value to users over time, making them extremely difficult to disrupt. As investors worry about the potential for self-driving technology, this company is positioned well.

May Headline PPI Data Highest Since November 2022.

New wholesale inflation numbers have reached their highest levels since March and November of 2022, respectively.

Uber Technologies (UBER) has transformed into a cash-generative platform, posting FY25 revenue of ~$52B, $5.6B operating income and $9.8B FCF. UBER trades at ~17x P/E and ~2.7x sales, with a DCF-based fair value of ~$83, indicating ~21% undervaluation - I rate the stock a Buy. Strong Q1 2026 results highlight 14% YoY revenue growth, robust non-GAAP EPS, and continued share buybacks, supporting further EPS appreciation.

Lyft joined Uber Technologies in suing ‌New York City to block a new law they said would force them to keep bad drivers who threaten public and passenger safety on their platforms.

Uber now takes the majority of ride-hailing fares in some cities, a new study found. The study analyzed three drivers' trip histories over nearly a decade.

Uber Technologies sued New York City to block enforcement of a ‌new law that it said would unconstitutionally force it to keep drivers it does not want on its platform.

On June 9, 2026, investors weighed heavy selling from a key rideshare partner against Aurora's expanding driverless freight footprint.

This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected]

TORONTO, ON, June 09, 2026 (GLOBE NEWSWIRE) -- Canadian Council for Indigenous Business (CCIB) and Uber Canada today announce the launch of an enhanced Indigenous Procurement Marketplace to more effectively connect Certified Indigenous Businesses (CIBs) with corporations and organizations committed to Indigenous procurement. First introduced in 2018, the digital platform remains the only active two-way platform connecting Certified Indigenous Businesses with buyers in Canada.

Form 13Fs allow investors to track which stocks Wall Street's savviest fund managers purchased and sold in the latest quarter. Billionaire investors often gravitate to industry leaders with well-defined competitive advantages.

The ticker investors used to know as VanEck Gaming ETF (NASDAQ:BJK) officially converted to the VanEck Digital Native Economy ETF on April 9, 2026, trading under the new symbol GENZ.

Uber said its users could sign up from Monday for a chance to ride in London's first robotaxis powered by AI technology ​from British start-up Wayve as soon as regulators give the go-ahead ‌for launch, which it expects in the coming months.

Uber customers in the U.K. can now join an interest list to increase their chances of being matched with a Wayve autonomous vehicle — another sign that the two companies are preparing to launch a robotaxi service in London. When that launch does happen, Uber will be competing directly with Waymo, Alphabet's self-driving company that is considered the robotaxi leader in the United States.

Uber (UBER 1.92%) is likely to grow sales while hiring fewer individuals.

The U.S. IPO market maintained its strong momentum in May with 12 offerings raising $13.1 billion in total proceeds, which was well above April's $8.2 billion in total proceeds but one short on deal count. The largest deal of the month was technology firm Cerebras Systems' $6.4 billion raise, making it the largest IPO since Medline Inc.'s $7.2 billion raise in December 2025 and the biggest tech IPO since Uber Technologies' $8.1 billion in May 2019. The healthcare sector saw three new issuers, led by GMR Solutions' $478.7 million offering.

Some of the biggest U.S.-listed public offerings are names that might surprise you. Just as surprising is how little money these outfits actually raised at the time compared to their current size.

It's time for investors to buy some best-in-class beaten-down tech stocks that aren't related to AI, as Wall Street finally starts taking profits on soaring AI and chip stocks.

Uber (UBER) reported earnings 30 days ago. What's next for the stock?

Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.

Uber's shares are down 12.3% YTD as robotaxi fears mount, but Eats deals and surging gross bookings keep the long-term case intact.

Uber is recruiting fewer ride-hailing drivers in some cities, CEO Dara Khosrowshahi said. The pullback comes as self-driving cars from companies like Waymo become more common.

Uber revealed on Wednesday a prototype car that it plans to use to scoop up real-world driving data that can be used by its growing list of autonomous vehicle partners such as Avride, Waymo, and WeRide.

Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment ​by the ride-hailing company in developing commercial robotaxis.

Uber is laying off 23% of its People and Places staff, the company said Wednesday. The layoffs affected employees in HR and recruitment roles.

CNBC's MacKenzie Sigalos reports on news regarding Uber.

Uber is reportedly cutting 23% of its “People” division, continuing a string of tech layoffs. In a memo to employees viewed by CNBC Wednesday (June 3), Uber CEO Dara Khosrowshahi said the “changes are necessary to maximize the effectiveness of the People team and the enormous potential ahead of us.

Uber is cutting 23% of its people team, which includes human resources and recruitment staff. CEO Dara Khosrowshahi said in a memo that the "changes are necessary.

UBER plans Spain's first commercial robotaxi pilot in Madrid with WeRide, scaling from operator-led rides to hundreds of vehicles and driverless service.

AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend.

MADRID--(BUSINESS WIRE)--WeRide and Uber Technologies, Inc. today announced plans to launch Spain's first commercial Robotaxi pilot in the Region of Madrid.

Rapido has become one of the leading ride-hailing providers in India. The startup was founded in 2015, two years after Uber first launched a service in the country.

Uber (UBER +4.93%) shares are down in 2026.

AI is being pushed across many parts of corporate America and beyond, perhaps more aggressively in some places than others.

UBER taps Autobrains and Nvidia to bring a robotaxi program to Munich, aiming for scalable, OEM-agnostic autonomous ride-hailing, pending approvals.

Only weeks after announcing a slew of new offerings at its annual Go-Get event in New York, Uber Technologies is throwing more onto the pile ahead of the 2026 FIFA World Cup.

The announcement, which comes at the beginning of Nvidia's GTC conference in Taipei, marks the latest move from Uber to roll out self-driving vehicles in Europe.

Uber and Israel-based Autobrains said on Monday they ​plan to launch a robotaxi ‌programme in Munich in collaboration with U.S. chipmaker Nvidia , marking a push ​to scale autonomous ride-hailing ​in Europe.

TAIPEI, Taiwan--(BUSINESS WIRE)--Uber (NYSE: UBER), and Autobrains announced at GTC Taipei today a strategic collaboration to launch a robotaxi program in Munich, combining Uber's ride-hailing platform, Autobrains' agentic autonomous driving intelligence, and NVIDIA DRIVE robotaxi-ready level 4 Hyperion platform to support scalable autonomous mobility for commercial ride-hailing. Pending regulatory approval, Munich will serve as the first deployment city for the robotaxi program, establishing a.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8)'s increased stake in Delivery Hero (XETRA:DHER, OTCQX:DLVHF) and reported takeover approach could materially raise the probability of a full acquisition, while also introducing potential capital allocation and execution trade-offs that may temper near-term investor enthusiasm, according to Jefferies analysts. Uber has reportedly lifted its holding in Delivery Hero to 25% (37% including instruments), up from 19.5% previously, following disclosures tied to a recent voting rights filing.

Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

The global food delivery market has entered a consolidation phase, a high-stakes endgame where regional players are absorbed by highly capitalized platforms. This structural shift now centers on Berlin-based Delivery Hero OTCMKTS: DLVHF, which has become the focal point of a strategic bidding war between U.S. giants Uber Technologies NYSE: UBER and DoorDash NASDAQ: DASH.