Finance News – Uber
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How options trading in Palantir, Uber and Fortinet gave clues to the stocks’ postearnings moves
Recent options activity in companies like Palantir, Uber, and Fortinet provided insights that may help anticipate stock price movements following earnings reports, reflecting broad...
Read Full Article →Lyft shares struggle to keep up with Uber following mixed results. ‘Comparison is the thief of joy,’...
Despite Lyft's forecasted demand metrics exceeding expectations, its second-quarter revenue and ride volumes fell short, causing its stock performance to lag behind Uber's recent m...
Read Full Article →Uber rivals handed major VAT boost by Supreme Court
The Supreme Court's decision exempts certain private-hire taxi companies from a 20 percent tax on earnings outside London, potentially improving their financial position relative t...
Read Full Article →Uber loses UK supreme court appeal over tax on rival apps
The ruling means competing private-hire companies outside London are exempt from a 20% value-added tax, potentially influencing their overall operating costs and competitive positi...
Read Full Article →XRP Now Larger Than PepsiCo, Uber, Blackrock—And Is Closing in on McDonald’s
The recent surge in XRP’s value has positioned it ahead of several major corporations in market capitalization, highlighting its increasing influence within the global financial la...
Read Full Article →Lucid Stock Soared on News of Robotaxi Partnership With Uber, Nuro—Watch These Key Levels
The announcement of a collaboration involving autonomous taxi services has positively impacted Lucid's market value, highlighting important price points to monitor for investors mo...
Read Full Article →Lucid Stock Soars 36% on Robotaxi Partnership With Uber, Nuro
The company's shares experienced a substantial increase following the announcement of a collaboration involving autonomous vehicle services with major ride-hailing and logistics fi...
Read Full Article →Uber’s robotaxi deal sends Lucid stock soaring. But one analyst isn't sold
The recent agreement involving autonomous vehicle companies has significantly boosted Lucid’s market value, highlighting potential shifts in the competitive landscape of ride-haili...
Read Full Article →Lucid Stock Soars 45% on Robotaxi Partnership With Uber, Nuro
The recent collaboration with two major companies has significantly boosted investor confidence, leading to a notable increase in the company’s market valuation and trading activit...
Read Full Article →Rideshare drivers use apps to help them judge whether a ride is worth it. Uber and Lyft are trying t...
Rideshare drivers rely on third-party tools to evaluate potential earnings from trips, while major platforms are taking measures that may reduce the availability of these decision-...
Read Full Article →Top Stock Movers Now: Tesla, Shell, Uber, and More
Several prominent companies, including Tesla, Shell, and Uber, are experiencing notable fluctuations in their market valuations, reflecting changes in investor sentiment and broade...
Read Full Article →Why you might be paying Uber more money for slower pick-ups, according to a new study
Recent research highlights how adjustments in Uber’s dispatch system may be contributing to increased costs for riders, despite longer wait times for vehicle arrivals.
Read Full Article →Uber's dynamic pricing means higher fares and lower earnings for drivers, study finds
A recent University of Oxford study reveals that Uber's flexible fare system has led to increased passenger costs while simultaneously reducing the overall income earned by its dri...
Read Full Article →Pony AI Stock Jumps as Uber Partner Added to China-Tracking Nasdaq Index
The inclusion of the company associated with Uber in a prominent Nasdaq index focused on China has contributed to a notable increase in its market valuation.
Read Full Article →Second study finds Uber used opaque algorithm to dramatically boost profits
Researchers have revealed that Uber employed a non-transparent pricing system which significantly increased its earnings by adjusting fares and driver payments in a manner that lac...
Read Full Article →Top Stock Movers Now: Carnival, Uber, Mastercard, and More
Shares of companies including Carnival, Uber, and Mastercard experienced notable changes in market value today, reflecting investor reactions to recent developments and broader eco...
Read Full Article →Uber Stock Surges as Robotaxi Service With Waymo Launches in Atlanta
The introduction of an autonomous taxi service in Atlanta has positively influenced Uber's market value, reflecting investor optimism about the company's expansion into self-drivin...
Read Full Article →Rough ride: how Uber quietly took more of your fare with its algorithm change
Since implementing dynamic pricing, Uber’s increased commission rate has significantly reduced drivers’ income by taking a larger portion of fares through algorithm adjustments.
Read Full Article →UK Uber drivers’ earnings cut after secretive algorithm changes
A recent study indicates that changes in Uber's pricing system have led to reduced hourly incomes for drivers in the UK, despite an overall increase in trip costs for passengers.
Read Full Article →Self-driving cars are coming to London as Uber announces pilot program
Uber’s introduction of autonomous vehicles in London represents a strategic investment likely to impact transportation costs and competitive dynamics in one of its key internationa...
Read Full Article →Uber is teaming up with a Microsoft-backed startup to launch robotaxis on the chaotic roads of Londo...
The collaboration between a major ride-sharing company and an AI-focused enterprise supported by a technology giant could potentially transform urban transportation and create new...
Read Full Article →Uber signals interest in stablecoins to streamline global payments
Uber's consideration of stablecoins aims to enhance the efficiency of international financial transfers by lowering expenses and simplifying the process of moving funds across diff...
Read Full Article →Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
Uber is exploring the potential use of stablecoins as a method to reduce international transaction expenses and improve financial efficiency in its global operations.
Read Full Article →Uber Once Again Says It's Considering Crypto Years After Mulling BTC Payments
Uber's renewed interest in incorporating digital currencies for transactions highlights the company's ongoing evaluation of alternative payment methods to potentially enhance its f...
Read Full Article →Uber Is Once Again Considering Crypto Payments, Years After Mulling BTC as Payment Method
Uber’s renewed interest in accepting cryptocurrency as a form of payment could impact its transaction processes and potentially attract a new segment of customers preferring digita...
Read Full Article →Uber is evaluating stablecoins’ potential for payments, CEO Khosrowshahi says
Uber is exploring the use of digital assets pegged to stable values as a possible method for processing transactions, which could impact the company’s payment systems and financial...
Read Full Article →Uber eyes stablecoins for faster settlements, lower FX costs for global operations
Uber is considering using blockchain-based digital currencies to enhance transaction speed and reduce foreign exchange expenses within its worldwide financial processes.
Read Full Article →Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup
Nikesh Arora’s addition to Uber’s board brings extensive leadership experience from major technology and investment firms, potentially influencing the company’s strategic financial...
Read Full Article →Uber reintroduces chief operating officer role as CEO loosens grip
The appointment of Andrew Macdonald as COO and president signals a strategic shift that could impact Uber's operational efficiency and financial performance moving forward.
Read Full Article →London Uber Driver steals $123k in crypto after drugging American Tourist
An individual posing as a ride service operator illicitly obtained $123,000 worth of digital currency from a visitor during a brief stay in London, highlighting risks associated wi...
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