Uber, Lucid
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Lucid Revs Its Engine Lucid Group (NASDAQ:LCID) saw its stock soar 36% to $3.12 per share following a $300 million partnership with Uber Technologies (NYSE:UBER) and autonomous driving startup Nuro to deploy 20,
Uber’s innovation in autonomous vehicles, strong brand, and global scale make it a long-term investment with trillion-dollar potential. Find out why UBER has a Buy rating.
Uber's gross bookings, for both the mobility and delivery segments, are increasing at healthy double-digit rates. This demonstrates robust demand for its services. Wall Street consensus estimates call for revenue to increase 15% in 2025, 15% in 2026, and 13% in 2027.
Despite growing competition from AV entrants in the ride-hailing market, sector giant Uber continues to make positive progress as it leans into partnerships with AV companies.
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.
Uber Technologies (UBER) recently announced the expansion of its Uber Eats segment to include more grocery and convenience stores accepting SNAP EBT payments, reflecting a commitment to enhancing food accessibility.
HONG KONG — The Hong Kong government on Tuesday unveiled proposals to regulate online ride-hailing services provided by tech companies like Uber, requiring platforms, cars and drivers to be licensed before hitting the road.