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Uber CEO says the company is ‘well-positioned’ on autonomous vehicles—but gains are still a long way off
Uber reported strong quarterly results and highlighted its autonomous vehicle plans in a Wednesday earnings call. However, the company's stock slipped due to the strong U.S. dollar. Uber celebrated a strong quarter and talked up its position in the autonomous vehicles market in Wednesday's earnings call—but was rewarded with a stock slip of more than 7%.
Uber Is Making Progress Expanding Its Autonomous Vehicle Capabilities
Shares of Ride-hailing giant Uber Technologies (UBER) took a hit today due to disappointing guidance for FY25 and an increase in currency risk.
Uber CEO: Autonomous vehicles introduce both uncertainty and huge opportunity
Dara Khosrowshahi, Uber CEO, joins CNBC's 'Squawk on the Street' to discuss the company's most recent earnings report, expectations for autonomous vehicles, and more.
22h
on MSN
Uber CEO says making self-driving taxis mainstream will 'take way, way longer'
Uber CEO Dara Khosrowshahi said that fleets of self-driving cars are a long way off given challenges ranging from parking to ...
17h
on MSN
Uber’s stock falls in the face of its ‘strongest quarter ever.’ Here’s why.
The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current ...
19h
on MSN
Waymo just popped up on the Uber app in Austin ahead of robotaxi launch
Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their ...
Gothamist
3h
Uber and Lyft drivers targeted in robberies across NYC, police say
Three suspects have been stealing drivers’ phones and using them to transfer themselves at least $37,000 in cash, according ...
1d
on MSN
Why Uber Stock Is Falling After Earnings
Uber stock is lower Wednesday as the ride-hailing firm's soft first-quarter outlook offsets its strong fourth-quarter results ...
19h
on MSN
Uber opens waitlist for Waymo robotaxi rides in Austin. Here's how to sign up
The long-awaited partnership between Uber and Waymo has hit the road in Austin as the brands announced riders are now able to ...
2h
Uber price target lowered to $90 from $95 at Truist
Truist analyst Youssef Squali lowered the firm’s price target on Uber (UBER) to $90 from $95 and keeps a Buy rating on the shares. The ...
8m
Uber and Wanatu crackdown in Tshwane
A political spat over e-hailing permits between a Gauteng government member and the MMC for roads and transport in Tshwane ...
1d
Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
1d
Uber stock falls as operating-income miss overshadows revenue surge
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, ...
1d
on MSN
Uber to Austin: get ready for Waymo
Uber is inviting customers to join an interest list if they want to ride in a Waymo robotaxi.
7h
Discounted Uber rides available for Sunday’s big game in 3 New Mexico counties
The “Take a Ride on Us” program will be offering discounted Uber rides for football fans planning to celebrate the big game ...
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