Uber

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the e-commerce leader, iPhone maker and an entertainment giant. Bearish calls last week included a top automaker, pot stocks and online brokers. The turbulent third quarter ended this...

When it comes to the on-demand economy, Uber continues to branch out. Beyond its initial ridesharing segment, Uber Technologies Inc. (NYSE: UBER) has moved into micro-mobility with Jump e-bikes and scooters, food delivery with UberEats, and CEO Dara Khosrowshahi said in regard to Uber's recent app...

Ride hailing apps are in an overhaul season. On September 26, two days after Lyft announced significant updates to its app, Uber Technologies Inc. (NYSE: UBER) held a press conference in San Francisco and presented a slew of updates under CEO Dara Khosrowshahi's slogan, "We want Uber to be the...

WeWork yesterday announced that it was filing to withdraw its IPO after major issues with valuation and governance were revealed to the public. With this move, they lose out on $6B in loans they would've received if they'd raised at least $3B in an IPO this year. Its valuation has been...

It is a truth universally acknowledged that a popular consumer product does not always make a great investment. The e-scooter craze is a recent example. "Even if scooters become ubiquitous that doesn't mean that any individual scooter company will generate outsize returns," said Dan Hoffer,...

Uber Technologies Inc. (NYSE: UBER) is moving into Dallas, Texas, as part of its self-driving initiative, but it won't be operating autonomous vehicles. Instead, the company said Tuesday, it will deploy a fleet of cars with human operators to map the urban landscape and capture data on real-world...

Bus ridership is waning. If you've been to a major urban area lately where ride-hailing and microbolity options abound, this may come as no surprise.  Cities need buses not only to lessen the congestion and pollution brought on by car ownership and the surplus of rideshare drivers, but to provide...

The gig economy is under attack in California.  On Tuesday, California lawmakers passed the AB5 bill, which will require app-based companies like Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) to provide employee benefits to their contact workers.  "Last year the Supreme Court...

It's a great Monday to be alive especially when it comes to listening to the hottest podcast in the freight industry. First, a massive cargo ship has capsized off the coast of Georgia and some survivors have still not been saved. Also, Uber Freight (NYSE: UBER) moves HQ to Chicago. Then, we are...

Uber Freight, the digital freight brokerage division of Uber Technologies Inc. (NYSE: UBER), announced Sept. 9 that it is moving its global headquarters to Chicago from San Francisco. Uber Freight will maintain offices in San Francisco and Amsterdam. Last month, the Chicago Tribune reported that...

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included what may be a couple of surprises this past week. Bearish calls included a few recent IPOs and an industrial stock. The big U.S. indexes ended the first week of September up about 2.5...

When an airplane lands, passengers are quick to disable airplane mode in order to manage the next steps in their travel logistics. For an international passenger, finding reliable service or wireless often proves to be difficult. Those passengers may be more likely to hail a taxi or rely on public...

Lil Nas X, the record-breaking chart-topper know for his worldwide hit "Old Town Road" released his second big music video on Thursday: "Panini" The video is a future-punk dreamscape directed by Mike Diva (of "Japanese Donald Trump Commerical" fame) and contains...

Whether or not Uber Technologies Inc. (NYSE: UBER) will profit as a public company permeates the news cycle, and the pressure is now on UberEats – the smaller, fast-growing Uber segment.  Days ago, Forbes asked in a headline, "Is Uber Eats Keeping Uber Stock Healthy?" Thirteen percent of Uber's...

After spending much of 2019 staunching losses, Uber Technologies Inc (NYSE: UBER) has announced a major expansion in Dallas, Texas. The transportation giant will open an office with at least 3,000 employees in a downtown neighborhood, with plans to make Dallas its largest hub outside of its San...