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Uber Technologies (UBER) is One of the Best Electric and Autonomous Driving Stocks, Here is Why
Insider Monkey57d agoneutral
Uber Technologies (UBER) is One of the Best Electric and Autonomous Driving Stocks, Here is Why

Uber Technologies Inc. (NYSE:UBER) is one of the 10 best electric and autonomous driving stocks to buy according to hedge funds. On June 1, Uber Technologies Inc. (NYSE:UBER) and Autobrains revealed their business collaboration around a robotaxi program launch in Munich. This initiative brings together Uber’s ride-hailing platform, Autobrains’ Agentic AI technology, and NVIDIA’s DRIVE […]

Turkish competition board approves Uber acquisition of Getir delivery business
Reuters58d agoneutral
Turkish competition board approves Uber acquisition of Getir delivery business

The Turkish Competition ‌Board said on Friday ‌it had approved Uber ​Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from ‌Emirati controlling ⁠shareholder Mubadala. "The commitment by Uber Technologies ⁠Inc. to invest a total of ​US$500 million ​in ​Turkey is expected ‌to support high-quality employment, strengthen local engineering capabilities, and positively contribute to the development ‌of Turkey's digital ​and technology ​infrastructure," ​the competition board ‌said. Uber said in ​February ​it had agreed to acquire Getir's delivery ​arm, ‌expanding the U.S.-based company's ​Turkish footprint.

Lucid (LCID) Teams Up With Uber And Nuro For Houston Robo Taxis
Simply Wall St.58d agoneutral
Lucid (LCID) Teams Up With Uber And Nuro For Houston Robo Taxis

Lucid Group (NasdaqGS:LCID) has announced a partnership with Uber and Nuro to deploy autonomous robo-taxis in Houston. The service is planned to launch in 2027, combining Lucid's electric vehicles with Uber's ride-hailing platform and Nuro's self-driving technology. This initiative marks a shift for Lucid from purely premium EV manufacturing toward offering autonomous mobility services. Lucid Group is best known for its premium electric vehicles, but this new collaboration with Uber and...

Why Wall Street Sees Strong Earnings Growth Ahead for Uber Technologies, Inc. (UBER)
Insider Monkey59d agoneutral
Why Wall Street Sees Strong Earnings Growth Ahead for Uber Technologies, Inc. (UBER)

Uber Technologies, Inc. (NYSE:UBER) is among the stocks with the best earnings growth for the next 3 years. Ivan Feinseth, an analyst at Tigress Financial, elevated the price target on Uber Technologies, Inc. (NYSE:UBER) to $115 from $110 on June 12. In a research note, the analyst said that the company’s long-term potential is supported […]

Uber and Lucid team up to bring robotaxis to Houston
Yahoo Finance Video59d agoneutralVIDEO
Uber and Lucid team up to bring robotaxis to Houston

Yahoo Finance Senior Autos Reporter Pras Subramanian joins the show to discuss why Uber (UBER) and Lucid (LCID) chose Houston, Texas, as their next robotaxi market, what makes the city an attractive testing ground for autonomous ride-hailing and why there's so much riding on this launch for both companies.

NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI
TechCrunch59d agoneutral
NEA’s Tiffany Luck says enterprises are still figuring out their AI ROI

Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Meta killed its internal leaderboard. This tension between […]

Uber (UBER) Expands Robotaxi Alliances With Stellantis Wayve Lucid And Nuro
Simply Wall St.59d agoneutral
Uber (UBER) Expands Robotaxi Alliances With Stellantis Wayve Lucid And Nuro

Uber Technologies (NYSE:UBER) announced expanded autonomous vehicle alliances with Stellantis and Wayve to develop and deploy Level 4 robotaxis across major global markets. The company also reported plans to roll out an exclusive robotaxi program with Lucid and Nuro in San Francisco and Houston, supported by dedicated Uber facilities and a large autonomous fleet commitment. These autonomous initiatives focus on integrating Stellantis vehicle platforms, Wayve’s AI driving software, and Uber’s...

Uber’s Multi-Partner Robotaxi Strategy Could Be A Game Changer For Uber Technologies (UBER)
Simply Wall St.59d agoneutral
Uber’s Multi-Partner Robotaxi Strategy Could Be A Game Changer For Uber Technologies (UBER)

Earlier this week, Stellantis, Wayve, and Uber Technologies, Inc. announced plans to jointly develop and deploy Level 4 robotaxis globally, while Uber, Nuro, and Lucid confirmed Houston as the second market for their autonomous ride-hailing program following an initial rollout in the San Francisco Bay Area. These alliances signal Uber’s intent to be the central platform connecting multiple autonomous vehicle partners and fleets, potentially reshaping how supply is sourced and managed across...

Lucid (LCID) Shares Skyrocket, What You Need To Know
StockStory59d agoneutral
Lucid (LCID) Shares Skyrocket, What You Need To Know

Shares of luxury electric car manufacturer Lucid (NASDAQ:LCID) jumped 7.5% in the afternoon session after the company, along with partners Uber and Nuro, announced plans to launch a robotaxi service in Houston in mid-2027.

Stellantis, Wayve and Uber partner to deploy robotaxi services
Proactive59d agoneutral
Stellantis, Wayve and Uber partner to deploy robotaxi services

Stellantis NV (NYSE:STLA, EPA:STLA), Wayve, and Uber Technologies Inc (NYSE:UBER, XETRA:UT8) have announced a new partnership aimed at accelerating the global rollout of fully autonomous ride-hailing services, marking a significant step in the race to commercialize driverless mobility. The...

Uber Robo-Taxis Move Step Closer as Self-Driving War Revs Up
Barrons.com59d agoneutral
Uber Robo-Taxis Move Step Closer as Self-Driving War Revs Up

On Wednesday, ride-hailing giant Uber EV maker Lucid and self-driving technology start-up Nuro announced plans to launch robo-taxis in Houston in 2027. Uber operates the network, Lucid builds the cars, and Nuro provides the autonomous driving technology. The move is yet another example that the long-promised era of driverless cars has arrived.

WeRide and Uber Target Zurich Robotaxi Launch as European Expansion Accelerates
InvestorsHub59d agoneutral
WeRide and Uber Target Zurich Robotaxi Launch as European Expansion Accelerates

WeRide (NASDAQ:WRD) and Uber Technologies (NYSE:UBER) plan to introduce commercial robotaxi services in the Greater Zurich Region later this year, extending their autonomous mobility partnership in Europe following a recent deployment announcement in Madrid. The service is expected to launch during 2026, pending approval from Switzerland’s Federal Roads Office (FEDRO).