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Can Uber’s (UBER) Economic Moat Survive the Rise of Robotaxis?
Insider Monkey2h agoneutral
Can Uber’s (UBER) Economic Moat Survive the Rise of Robotaxis?

Uber Technologies, Inc. (NYSE:UBER) has built one of the world’s largest mobility marketplaces, connecting riders with drivers across billions of trips. However, autonomous vehicles could fundamentally change the ride-hailing industry by removing the human driver from the equation. For the ride-hailing giant, that could be both an opportunity and a threat. The question is whether […]

Could Eaton Corporation (ETN)’s $242 Million Expansion Power its Next Data Center Growth Phase?
Insider Monkey3h agoneutral
Could Eaton Corporation (ETN)’s $242 Million Expansion Power its Next Data Center Growth Phase?

On September 2, Eaton Corporation plc (NYSE:ETN) announced a $242 million investment to expand its U.S. manufacturing footprint with a 1-million-square-foot facility in North Little Rock, Arkansas. The plant is expected to double Eaton’s manufacturing capacity for customized electrical enclosures from its Fibrebond business, addressing surging demand across data center, utility, industrial, and digital communications […]

Beyond Rides: How Uber Technologies (UBER) Is Building a Global Delivery and AV Powerhouse?
Insider Monkey3h agoneutral
Beyond Rides: How Uber Technologies (UBER) Is Building a Global Delivery and AV Powerhouse?

Long-term case for Uber Technologies Inc. (NYSE:UBER) expands beyond its ride-hailing solutions, as the management remains focused on an autonomous vehicle strategy. The company aims to capitalize on strong network effects and become a key demand layer for driverless fleets. The potential acquisition of Delivery Hero also aligns with its broader strategic objectives. Read Uber […]

Uber’s Mobility strategy supports margin growth, Jefferies says
Proactive6h agoneutral
Uber’s Mobility strategy supports margin growth, Jefferies says

Jefferies reiterated its $110 price target on Uber Technologies Inc (NYSE:UBER, XETRA:UT8) and maintained the company as its ‘Franchise Pick’, saying its expanding Mobility product suite can support faster bookings growth while allowing margins to expand. The broker raised its estimates after...

Delivery Hero Cancels CEO Exit Plans Due to Uber’s $14.8 Billion Takeover Bid
The Wall Street Journal15h agoneutral
Delivery Hero Cancels CEO Exit Plans Due to Uber’s $14.8 Billion Takeover Bid

Delivery Hero scrapped plans for co-founder Niklas Östberg to step down as chief executive, citing Uber Technologies’ $14.8 billion takeover bid. The German food-delivery company had said in May that Östberg would step down in March of next year under plans for a leadership transition. Earlier this month, Delivery Hero said it was in favor of a $14.8 billion takeover bid from Uber Technologies and advised shareholders to accept it.

Here is Why Uber (UBER) is a Good Investment at Today’s Price
Insider Monkey1d agoneutral
Here is Why Uber (UBER) is a Good Investment at Today’s Price

Uber Technologies, Inc. (NYSE:UBER) has lost nearly a third of its market value over the past year, closing at $69.89 on September 22. The reason is not the business. Gross bookings rose 22% in constant currency in the second quarter, the fourth quarter running above twenty percent, and free cash flow passed $10 billion over […]

Uber: Insider Buying and Selling Activity to Watch Amid Panic After Tesla Cybercab Rollout
Insider Monkey1d agoneutral
Uber: Insider Buying and Selling Activity to Watch Amid Panic After Tesla Cybercab Rollout

Alarm bells recently went off for Uber Technologies Inc. (NYSE:UBER) after videos showed Tesla Cybercabs hailing automatically. Bears say the Cybercab can eat into Uber’s market share, and reports suggest Tesla (NASDAQ:TSLA) driverless rides come in cheaper than Uber rides. The stock recently saw key insider buying and selling activity that you should not miss. […]

Is Tesla's evaluation based on pure faith or on hoping for the best?
Yahoo Finance Video2d agoneutralVIDEO
Is Tesla's evaluation based on pure faith or on hoping for the best?

Market Hang's panel talk about the evaluation of Tesla’s (TSLA) stock, highlighting how early faith in CEO Elon Musk's electric vehicle expansion has been underpinned by new endeavors of Cybercabs and humanoid robots.Defiance ETFs CIO Sylvia Jablonski, Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber, Interactive Brokers Chief Strategist Steve Sosnick, and Yahoo Finance Executive Editor Brian Sozzi discuss.

Is Tesla's evaluation based on pure faith or on hoping for the best?
Yahoo Finance Video2d agoneutralVIDEO
Is Tesla's evaluation based on pure faith or on hoping for the best?

Market Hang's panel talk about the evaluation of Tesla’s (TSLA) stock, highlighting how early faith in CEO Elon Musk's electric vehicle expansion has been underpinned by new endeavors of Cybercabs and humanoid robots.Defiance ETFs CIO Sylvia Jablonski, Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber, Interactive Brokers Chief Strategist Steve Sosnick, and Yahoo Finance Executive Editor Brian Sozzi discuss.

DoorDash Retains Lowest-Cost Delivery Position Despite Fee Increases, Wells Fargo Finds
InvestorsHub2d agoneutral
DoorDash Retains Lowest-Cost Delivery Position Despite Fee Increases, Wells Fargo Finds

DoorDash (NYSE:DASH) remained the lowest-cost third-party delivery provider in the third quarter, according to a Wells Fargo pricing survey released on Tuesday, despite recording the largest quarterly fee increase among the platforms compared. The survey found that DoorDash’s total basket costs were approximately 2% below those of Uber (NYSE:UBER) and Instacart, even as its fees increased 3.

Why Is Uber Technologies (UBER) Back In Focus After Its $15 Billion Deal Progress?
Simply Wall St.3d agoneutral
Why Is Uber Technologies (UBER) Back In Focus After Its $15 Billion Deal Progress?

Uber Technologies (NYSE:UBER) has moved a step closer to acquiring Delivery Hero in a US$15b deal. Delivery Hero’s management and supervisory boards have recommended that shareholders accept Uber’s offer. The proposed transaction would extend Uber’s delivery footprint to 99 markets, creating a larger global logistics and delivery network. Uber’s US$15b Delivery Hero bid progressing with board backing is one factor to weigh against the rest of our findings. We have also spotted 1 warning sign...

Priced By the People: inDrive CFO on Scaling Affordable Mobility
Exec Edge3d agoneutral
Priced By the People: inDrive CFO on Scaling Affordable Mobility

By Exec Edge Editorial Staff inDrive built its business on a bet that drivers and riders would want to set their own prices, reflecting the company’s broader mission to challenge injustice by giving people a fair choice instead of leaving that decision to an algorithm. Operating in over 45 countries and more than 1,200 cities, […] The post Priced By the People: inDrive CFO on Scaling Affordable Mobility appeared first on ExecEdge.