Uber Technologies Inc
California Rules Prop 22 Unconstitutional—Impact on Gig Workers
Lyft and Uber Driver Shortages Lead to Soaring Ride-Sharing Prices
The Datadog IPO: Will the Optimism Continue?
Software-as-a-service company Datadog (DDOG) made a smashing debut on Wall Street yesterday. After its IPO, DDOG’s shares surged 40% in intraday trading.
Loss-Making Uber Freight Is Seeking Investors
Uber Freight wants to raise additional funds to compete with Alphabet’s Waymo, which has also shored up funds for a battle for freight business.
Uber Stock Rises Even as Kalanick Sells Shares
Yesterday, Uber (UBER) co-founder Travis Kalanick sold about 20 million UBER shares, raking in over half a billion dollars.
Sonos Sues Google for the Same Reason Waymo Fought Uber
Sonos is dragging Google to court as the relationship sours between the two companies amid heated competition in the lucrative smart speaker market.
Tesla Institutional Investors: Who All Sold Too Early?
In 2019, Tesla (TSLA) rose 29.3%. The S&P 500 Index gained 29.2%. The top institutional investors were bullish on the electric car manufacturer in Q3 2019.
Tech IPOs: Who Burnt Wealth and Who Gained Value?
In 2019, several high-profile tech IPOs made their debut in public markets. Let’s look at what’s in store for them as we head towards 2020.
Where Stanley Druckenmiller Is Bullish
Last week, Duquesne Family Office, managed by Stanley Druckenmiller, filed its Q3 13F with the SEC. We’ll look at the fund’s top holdings, buys, and sells.
Softbank’s Journey from Alibaba to Uber and WeWork
In 2017, Softbank (SFTBY) created a pool of $100 billion to promote new business ventures. The company provided seed funding to entrepreneurs worldwide.
Innovation, A.I., and eCommerce within Namaste’s Genius Platform Strategy Will Bridge the Market from Pot 2.0 to 3.0
Through its own AI-Powered Evolution, Namaste Technologies has built the most robust e-Ccmmerce platform that the pot industry desperately needs.
Uber and Lyft Lose California Appeal on Driver Classification
What Is Uber CEO Dara Khosrowshahi’s Salary?
Get Real: Record Highs and Data Spies
FedEx stock rose due to the expectation of a record number of packages on Cyber Monday. FedEx’s holiday season preparations include breaking up with Amazon.
5 Years to the Automobility Tipping Point?
The tipping point from automobiles to automobility could happen within five years, predicts Lawrence D. Burns, Ph.D., a consultant for Waymo.
Uber and Lyft Set to Shut Down California Service
Bill Gates Is Concerned, Not about Twitter Hack or Microsoft Stock
Bill Gates is worried about how the coronavirus vaccine will be distributed when it becomes available. He has been helping in the fight against COVID-19.
Alphabet’s Waymo Invests in Education to Expand Market
In pursuit of ride-hailing market share, Alphabet’s (GOOGL) Waymo has launched a program to educate people on self-driving technology.
Uber Stock Suffers After Q2 Earnings Show Low Ridership
Uber stock has fallen after the company reported bigger losses than expected in the second quarter. Its sales fell 29.2 percent.
Will Uber and Postmates Announce Their Acquisition Deal Today?
Uber Technologies (NYSE:UBER) has agreed to buy food-delivery service Postmates for $2.65 billion. The companies will likely announce the deal today.
Is Vladimir Putin’s Referendum Victory Good for Yandex Stock?
Yandex stock rose 1.27% on July 2. Voting results showed a landslide victory for President Vladimir Putin in Russia’s constitutional referendum.
Uber CEO Dara Khosrowshahi Talks Profit after Postmates Buy
Uber is confident about turning a profit in 2021. Khosrowshahi said that acquiring Postmates raised Uber’s chances of turning a profit next year.
Uber Stock Surges 3% on Postmates Buyout Talks
Uber (NYSE:UBER) stock rose 2.9% in pre-market trading at 5:59 AM ET today. There were reports that the company might acquire Postmates.
Uber Director Robert Eckert Buys Nearly $500,000 in Shares
An Uber Technologies (NYSE:UBER) insider agrees that the stock is a “buy” right now. Uber’s director, Robert Eckert, purchased 15,740 shares on June 15.
Uber Technologies Stock Moves on after GrubHub Upset
Uber stock has rallied due to strength in the food delivery business. The stock has risen 18% since the company reported its first-quarter results.
Why 2020 Looks Like a Bad Omen for Uber Stock
Despite the demand for online delivery services, Uber stock hasn’t shown convincing growth this year. So far, 2020 hasn’t been good for the company.
GrubHub Will Be Acquired by Just Eat, Uber Talks Fail
GrubHub stock rose close to 6% in extended trading on Wednesday. The company plans to merge with Just Eat Takeaway.com in an all-stock transaction.
Is Yelp Stock a Good Bet for Investors Right Now?
Yelp stock has risen since it released its first-quarter results. Easing COVID-19 restrictions and hopes of a quick economic recovery boosted investors’ appetite.
Uber Stock Rebounds, Trades at a Discount Right Now
Uber Technologies (NYSE:UBER) has seen the demand for its ride-hailing service return following the pandemic-driven slump in the first quarter.
Is Lyft Stock a Good Buy for Investors Right Now?
The ride demand on Lyft’s platform rose 26% in May compared to April. As a result, the stock jumped 4.7% in extended trading on Tuesday
Is Now a Good Time to Invest in Uber Stock?
Investors dropped Uber (NYSE:UBER) stock in the first quarter. The company grappled with a sharp decline in ride-hailing demand.
Why SoftBank Might Want to Sell Its T-Mobile Stake
SoftBank (OTCMKTS:SFTBY) has opened discussions with Deutsche Telekom (OTCMKTS:DTEGY) about selling some of its shares in T-Mobile (NYSE:TMUS).
SoftBank Shuffles Board, Alibaba’s Jack Ma Quits amid Losses
Today, SoftBank Group (OTCMKTS:SFTBY) announced that Jack Ma resigned. He’s the co-founder of China’s e-commerce giant Alibaba Group (NYSE:BABA).
Why Uber Stock Investors Might Be Concerned
At $33 at Wednesday’s closing, Uber stock has gained 11% year-to-date. The stock has pulled up 140% from its pandemic lows.
Jim Cramer Favors Uber-GrubHub Buyout: Is He Right?
Uber Technologies (NYSE:UBER) wants to buy GrubHub (NYSE:GRUB) to create the largest meal delivery company in the US. Jim Cramer loves the idea.
3 Things Anyone Buying SoftBank Stock Needs to Know
SoftBank stock closed Tuesday at $21.76. At this price, the stock has pulled up nearly 80% from its pandemic lows of $12.20 reached in March.
Why Uber Stock Could Benefit from Acquiring GrubHub
Uber controls a 20% share of the US food delivery market, while GrubHub has a 28% share of the market. GrubHub could make Uber stock more attractive.
Is Waymo’s Fundraising Good for Alphabet Stock?
Alphabet (NASDAQ:GOOGL) stock has been rising since the broad pandemic-driven sell-off in the past few months. Waymo continues to build its war chest.
Why Are Analysts Bullish on Uber and Lyft after Q1?
Lyft (NASDAQ:LYFT) reported its results for the first quarter of 2020 on May 6. The earnings were better than Wall Street’s estimate.
Lyft Reports More Riders: Will Uber Benefit Too?
Lyft stock rose after it reported growth in active riders despite travel restrictions amid COVID-19. The company reported 21.2 million active riders.
3 Reasons Investors Like Uber Stock Right Now
At this point, investors can still scoop up Uber shares at a decent discount. At $28, the stock is trading at a 40% discount to its 52-week peak of $47.
Britain Approved the Deliveroo Deal: Good for Amazon Stock?
The Amazon-Deliveroo deal getting cleared just made Amazon stock more attractive. The investment gives Amazon a foothold in the food delivery industry.
Uber’s Co-Founder Switches Gears after Its Stock Tumbles
Uber Technologies (NYSE:UBER) stock wrapped up March more than 6.0% lower for the year. The stock fell by about 18% in March.
Coronavirus Pandemic Slows Down Alphabet’s Other Bets
The coronavirus pandemic has reduced demand for Google’s advertising service and rattled Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG) stock.
Trade Secret Theft: Waymo Engineer Helped Uber, Pleads Guilty
Anthony Levandowski, at the center of the Waymo and Uber dispute, agreed to plead guilty to a trade secrets theft charge in a deal with federal prosecutors.
Coronavirus Sell-Off Hits Uber Stock, Threatens Profit Push
Uber has given up all of its early gains as coronavirus fears drive a sell-off in stocks. The stock fell more than 10% on March 16 and closed the day at $20.29.
Despite Impressive Q4 Results, Uber Keeps Facing Headwinds
Uber Technologies (NASDAQ:UBER) continues to face headwinds. The stock fell 6.72% on Thursday, which marked its worst day so far in 2020.
Is Alphabet’s Waymo Preparing for an IPO?
This week, Alphabet’s (NASDAQ:GOOGL) Waymo disclosed that it raised $2.25 billion from a group of outside investors. Will there be a Waymo IPO?
Uber Makes Leadership Changes at Uber Eats, Seeks Profit
Uber Technologies has shaken up the leadership at Uber Eats—its food delivery unit. The change occurred a month after the business sold its India operation.
Uber versus Lyft: Which Stock Is Investors’ Top Pick?
So far, Uber stock has emerged as investors’ favorite. The stock has gained nearly 40% YTD compared to Lyft’s gain of 13% YTD.
Uber Stock: 3 Things to Know This Week
Uber Technologies stock will be on many investors’ radar this week. The market continues to digest the company’s fourth-quarter report.
Uber Stock Has a Positive Start in 2020 despite Hiccups
Uber Technologies stock started 2020 on a positive note despite some challenges. The stock gained 22% in January.
3 Takeaways from Uber and DoorDash Merger Talks
The Uber and DoorDash merger talks ended without a deal. However, the companies are willing to reopening the talks.
Uber Buys 10% Zomato Stake, Amazon-Deliveroo Deal Struggles
Uber Technologies has sold its UberEats business in India to local rival Zomato. UberEats provides an online food delivery service.
Alphabet’s Top Lawyer David Drummond Departs
David Drummond will step down as Alphabet’s (NASDAQ:GOOGL) chief legal officer at the end of this month.
Waymo Wants More Money from Uber, Drama Continues
Alphabet’s (NASDAQ:GOOGL) Waymo has already picked up hundreds of millions of dollars from Uber Technologies (NYSE:UBER) and expects more.
Dish Wireless: Three Takes as 2019 Wraps Up
Dish’s wireless business is taking shape. However, obstacles remain, from funding gaps to antitrust lawsuits to block the T-Mobile–Sprint merger deal.
3 Reasons Facebook’s Libra Still Has Life after Defections
Despite having high-profile defections in the past week, Facebook’s Libra Association proceeded with its inaugural members meeting.
Three Things Alphabet Investors Should Know about Waymo
Currently, Waymo is one of Alphabet’s most visible Other Bets components. Here are three takeaways for regarding Waymo as the year draws to a close.
Uber Co-Founder Travis Kalanick to Exit the Board
Travis Kalanick, the co-founder of Uber Technologies (UBER), will step down from the company’s board of directors at the end of 2019.
Waymo Makes First Acquisition amid Expected Uber Payout
Alphabet’s (GOOGL) Waymo made its first acquisition this month. The company bought British AI startup Latent Logic, which is based in Oxford.
Dish Stock Jumps after Chairman Mentions SoftBank in Merger Trial
Dish stock jumped after Dish Network Chairman Charlie Ergen mentioned financial support from SoftBank in the T-Mobile–Sprint merger trial. We’ll look at what this support means to Dish.
Fiat Chrysler–PSA Merger: Should Peers Be Worried?
Fiat Chrysler and France’s PSA agreed to proceed with their merger. The merged entity would have annual revenues of almost $190 billion.
Direxion ETFs Can Help You Cut Your Losses
Here’s how Direxion ETFs can help you cut your losses and generate alpha. Take a closer look at the S&P 500 and key indicators from the first half of 2019.
Uber Stock Rose on Possible Sale of Uber Eats India
Uber Technologies stock surged 5.5% on December 16 following news of a possible sale of the company’s Uber Eats operations in India.
Libra 101: All You Need to Know about the Cryptocurrency
Last week, Facebook (FB) and other founding members of the Libra Association launched Libra. Libra will be governed by a handful of large organizations including Uber (UBER), Lyft (LYFT), Visa (V), and Mastercard (MA). By the planned launch in 2020, Facebook expects to have 100 members in the governing body.
Will Libra Cryptocurrency Survive Assault from Lawmakers?
Last week, the US House of Representatives asked Facebook (FB) to stop developing its Libra cryptocurrency.
Europe’s Top Economies Reject Facebook’s Libra Cryptocurrency
Germany and France, Europe’s largest and third-largest economies, say they have no place for Facebook’s Libra cryptocurrency.
Why Tesla Is a ‘Must-Own’ as per Piper Jaffray
While many analysts wonder whether Tesla stock is overbought at its current levels, some are turning even more optimistic.
Get Real: Troubles in Asia Move the Market
In our Get Real market newsletter, we saw trouble in China with the Hang Seng’s free fall and the Hong Kong Act. Plus, cannabis has declined in Canada.
CEO Adam Neumann Cashes Out: Trouble for WeWork’s Valuation?
Yesterday, the Wall Street Journal reported that Adam Neumann, WeWork’s co-founder and CEO, sold some of his stock and has borrowed against his shares in the coworking giant.
Could Uber’s Latest Troubles Force It to Pay Waymo?
All is not well with Uber Technologies (UBER). But that crisis could make things interesting for Waymo, Alphabet’s (GOOGL) autonomous driving arm.
Peloton Stock Gained Momentum Last Week
Peloton (PTON) shares rose close to 10% on Friday to close trading at $35.5 per share. The stock gained 21% in the last week that ended on November 29.
Uber Has an India Problem—and It’s Not Just Ola
India is one of the biggest markets for Uber. While Uber has exited China and Southeast Asia, it’s battling with Ola for market share in India.
Get Real: Market Departures and Appeals
In our Get Real market newsletter, we saw iRobot’s lawsuit struggles and Uber’s departure from London. Plus, Amazon might get upstaged by a new startup.
Uber Loses Its License in London: What Happens Next?
Uber lost its license to operate in London on November 25. London’s transport regulator, Transport for London, cited a “pattern of failures” by the company.
Get Real: Elizabeth Warren Targets WeWork
In this morning’s Get Real market newsletter, we saw Elizabeth Warren’s latest target, a Disney+ and Netflix development, and Musk mocking Ford.
Should Lyft Have You Feeling as Positive as Analysts?
Lyft’s (LYFT) and Uber’s (UBER) renewed focus on profits has turned analysts around on them despite their stocks doing poorly since their IPOs.
Get Real: Markets See Sweep of Optimism
In today’s Get Real market newsletter, there’s optimism across markets. Netflix and GAP face issues and Boeing has some good news. Plus, the Tesla truck is out.
Uber Technical Analysis Suggests 2%–5% Upside
Earlier this afternoon, we looked at analysts’ ratings for Uber Technologies stock (UBER). Now we’ll follow up with some UBER technical analysis.
Uber Stock: Is Analysts’ Turnaround Justified?
Uber (UBER) stock got a rating upgrade from Stifel on November 22. The company is once again gaining favor among analysts.
Uber Stock: CEO Buys, 25 of 38 Analysts Recommend It
Uber stock, which lost 15% in the first half of the month, gained 9% in the last three trading sessions, adding over $3.5 billion in investor wealth.
Can Uber Win the 21-Day London License Race?
In a big blow to Uber (UBER), TfL (Transport for London) said that it won’t grant a fresh private taxi license to the ride-sharing company.
Get Real: Is Unrest Sweeping the Markets?
In today’s Get Real, we took a closer look at Uber’s trouble and an unexpected boost for Canopy Growth while markets react to more unrest.
Tesla Autopilot Faces Senate Heat for Self-driving ‘Cheats’
Yesterday, during a Senate hearing, senators criticized Tesla (TSLA) for safety protocol lapses in its autopilot feature.
Uber at Fault for Self-Driving Car Crash, Other Problems?
Yesterday, the National Transportation Safety Board (or NTSB) said Uber (UBER) was at fault for a self-driving car crash in March 2018.
Tesla versus NIO: Why Has Short Interest Diverged?
While Tesla’s short interest has declined, NIO’s short interest has climbed. We’ll look at the primary reasons for this recent short interest divergence.
If WeWork Tries to Forget Its Past, Will the SEC Let It?
The SEC is inquiring about the possibility of WeWork’s non-compliance with SEC rules. There are enough red flags here to demand investors’ attention.
New Uber Bull Sees the Sell-Off as a Buying Opportunity
Yesterday, Argus Research upgraded Uber stock from “hold” to “buy.” Let’s look at Uber and Lyft’s recent analyst rating changes.
Tesla’s Updates Make Other Cars Feel Like ‘Owning a Horse’
Recently, US electric carmaker Tesla (TSLA) released another OTA (over-the-air) software update for its cars.
Get Real: Will Vaping Go Up in Smoke?
In today’s Get Real, we saw President Trump’s concerns about vaping, the reception of the Disney+ launch, tension in the EV world, and more.
The EV Race: Can German Automakers Catch Tesla?
EV leader Tesla could disrupt the German auto market. Spiegel reports that German automakers could lose ground by ignoring the industry’s changing dynamics.
Xerox-HP Offer: Why Jim Cramer Remains Skeptical
Last week, HP (HPQ) received a deal offer of $22 per share from Xerox Holdings (XRX). A Xerox-HP deal would consolidate the printing industry.
Alphabet’s Waymo Leaves Austin, Enters New Markets
Alphabet’s Waymo is shutting their Austin office to merge teams in Detroit and Phoenix. Waymo is looking for other ways to monetize technology.
TSLA, UBER, & Saudi Aramco: Connecting the Dots
Saudi Aramco released its IPO prospectus. It might be valued at $1.5 trillion, according to bankers. However, Saudi Arabia hoped for a higher valuation.
Jim Cramer: ‘Buy’ on Lyft and Negative on Uber
On Thursday, Jim Cramer discussed Uber and Lyft. He issued a “buy” call on Lyft. Cramer thinks that the stock looks attractive after two positive quarters.
Alphabet’s Waymo Corners Uber in Intellectual Property Dispute
After being found to have infringed on Waymo’s intellectual property, Uber has two choices. One could offer a major boon for Alphabet’s Waymo.
Get Real: Why Is the Market Restless?
In today’s Get Real, we saw Tesla’s plans for China, AMD’s expectations for 2020, the state of crude oil prices, and more.
Will Tesla Stock Still Be a Graveyard for Bears?
Tesla stock has been on fire since its third-quarter earnings release. Investors who were short on the stock have lost big time in the rally.
Softbank Earnings and Uber: Will Masa Sell Uber Stock?
Japanese conglomerate Softbank (SFTBY) released its Q2 earnings today, and the results took a big hit from Uber and WeWork.