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The Latest Breaking News from Dara Khosrowshahi

Uber Stock Eyes Bounce Back As Robotaxi Strategy Faces Big Test

Uber stock is approaching a return to record highs after concerns about competition from Waymo and Tesla sunk its shares late in 2024.

Investors Business Daily

Uber's CEO says no one wants to compete with Tesla—or Elon Musk

Tesla's Cybercab, or robo-taxi, was announced last October and is due to hit the roads in Texas this June as part of a trial roll-out.

Fortune

Billionaire Bill Ackman buys $2.3 billion of beat-down tech stock

The long-time hedge fund manager thinks this stock is "at a massive discount."

The Street

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Ackman Announces Major Stake in Uber: Should You Follow His Lead?

Bill Ackman took to X to announce that his company, Pershing Square, holds 30.3 million shares of Uber after they began purchasing stock in January.

MarketBeat

Uber stock jumps 7% after Bill Ackman reveals $2.3 billion stake

The Pershing Square CEO said he's admired the ridesharing giant since actor Edward Norton introduced him to the app in its early days.

Fortune

Uber CEO says the company is 'well-positioned' on autonomous vehicles—but gains are still a long way off

Chief executive Dara Khosrowshahi said Uber was "well-positioned" as the autonomous-vehicle market heats up.

Fortune

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. Here's what you need to know.

Kiplinger

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Uber's CEO Still Sees An All-EV Future. But Trump's EV Pullback Is 'Not Good'

Over the past few years, a lot of companies made huge commitments to electric vehicles. Not just automakers, of course, but also rental car companies and even ride-hail fleets. But the global electrification race is turning into a competition of the survival of the fittest: A test of who's willing…

InsideEVs

The billionaires at Trump's inauguration

Beyond top execs from Meta, Apple and Amazon, a slew of ultra-wealthy donors are expected to attend

Salon

Uber CEO Open To Tesla Collaboration Amid Robotaxi Race Because 'Competing With Elon Musk Is No Easy Matter'

Uber CEO Dara Khosrowshahi has said his firm is open to cooperating with Elon Musk's Tesla in the driverless car market. At the same time, Khosrowshahi, took a slightly more combative tone with Amazon.

International Business Times UK

Tech giants, Wall Street, and corporate elite are pouring millions into Donald Trump’s inauguration

The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.

Fortune

Uber Stock Tumbles Despite Earnings Beat. Spotlight On Gross Bookings.

Uber stock fell early Thursday after the ride-hailing firm's Q3 gross booking missed estimates.

Investors Business Daily

Uber Reportedly Mulls Expedia Takeover. Why One Analyst Is Skeptical It Would Work For Uber.

Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO. Uber stock fell overnight. Expedia jumped.

Investors Business Daily

Uber and Lyft are the big winners from Tesla’s underwhelming Cybercab reveal

The lack of details from Elon Musk’s Thursday presentation has assuaged any fears of Tesla dominating the rideshare market anytime soon.

Fortune

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International Business Times

Uber Offers 'EV-Only' Option To Help Fight Climate Change

CEO Dara Khosrowshahi acknowledged that customers might have to wait for their rides but said 'a couple of minutes isn't going to kill anyone.'

Investors Business Daily

Uber Expands Electric Push With EV-Only Options, AI Assistant

Uber stock was slightly higher after the ride-hail company announced sustainability-focused updates.

Evening Standard

Free Uber rides for a decade for Londoner who clocks up most 'green' journeys by end of November

Prize on offer to passenger who makes greatest saving on C02 emissions by choosing to travel by electric cab

Investors Business Daily

Uber Stock Jumps As Waymo Robotaxi Partnership Expands To Austin And Atlanta

Uber will soon offer rides in Waymo self-driving cars in Austin and Atlanta. Uber stock jumped on the news.

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news in one place.

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Investors Business Daily

Uber, IBD Stock Of The Day, Lines Up Partners For Its Self-Driving Vision

Uber stock is getting back in gear following a strong second quarter and new autonomous vehicle partnerships.

The Street

Analysts reset Uber stock forecast after General Motors deal

Here's what could happen next to Uber shares.

Investors Business Daily

Uber Partners Up With Cruise. Why Analysts Expect More Self-Driving Deals.

Uber's new partnership with Cruise is seen by analyst as likely the first of several deals for the ride-hail app.

The Independent UK

Cruise will dispatch some of its trouble-ridden robotaxis to join Uber's ride-hailing service

Cruise’s trouble-ridden robotaxis are on the road to joining Uber’s ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers

International Business Times UK

Uber Eats Driver Confronts Customer For Reducing Tip After Delivery: What Is 'Tip Baiting'—The Scam Even Uber's CEO Fell For

Dawn Garza, an Uber Eats driver, accused a customer of tip baiting, which involves initially placing a large tip to secure an order and then reducing it afterwards.

Investors Business Daily

Analysts See Uber, Amazon Offering Strong Upside Following Earnings Results

Uber stock and Amazon stock have strong upside to target prices set by analysts at Bernstein.

The Street

Uber CEO flags major issues with Tesla's robotaxi plan

The CEO has some sharp criticism for Tesla's upcoming robotaxi service.

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