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UBER new 52 week high

All aboard….. uberstrong 🚙🤘🏾

All aboard to $60+ let’s take a ride and keep this train a chugging

UBER new 52 week high

UBER new 52 week high

UBER new 52 week high

UBER new 52 week high

Autonomous rides are arriving on Uber with Waymo
https://www.uber.com/newsroom/waymo-on-uber/
Ready to roll? Your next Uber ride may be in a fully autonomous Waymo vehicle.

Starting today in Phoenix, customers who request a ride on the Uber app may be able to catch a ride with the Waymo Driver, through our partnership with Waymo.

We’re excited to bring another innovation to the Uber experience through today’s launch. When matched with a Waymo vehicle on Uber, riders can experience a fully autonomous ride, with no human driver behind the wheel:


How to ride with an AV: Starting today in Metro Phoenix, riders who request an UberX, Uber Green, Uber Comfort, or Uber Comfort Electric may be matched with a Waymo vehicle if the route is part of Waymo’s newly expanded operating territory—which includes Sky Harbor International Airport’s 24th St and 44th St SkyTrain locations—and a dedicated Waymo vehicle is available.
Update your Ride Preferences: Uber customers in Phoenix who are excited about riding in an autonomous vehicle (AV) can increase their chances of being matched with an AV by opting in via the Ride Preferences section of their Uber app under Settings.
Safety is a top priority: Safety is at the heart of what we do. That’s why we review our partners’ approaches to safety per our Safety Guidelines before they deploy and operate on the Uber network.
Convenience built in: Before a nearby Waymo vehicle is dispatched to a customer, we’ll first give them the option to accept the ride or find another. Once the Waymo vehicle arrives, riders will be able to unlock the vehicle and start the trip—all from the familiar Uber app. If assistance is needed at any time, riders will have access to 24/7 customer support, accessible in both the Uber app and inside the Waymo vehicle.
Make a sustainable choice: We’re committed to becoming a zero-emissions mobility platform by 2040. By helping to match riders with electric vehicles, like Waymo’s all-electric Jaguar I-PACE, we can help cut gas use, emissions per passenger, and make greener transportation options more accessible.

Today is an important step in our journey to bring safe, reliable autonomous driving technology to the Uber platform. Looking ahead, we expect that the number of human drivers and AVs on the Uber platform will continue to grow, side by side, for quite a long time as we continue to scale a hybrid, global network that combines both.

At Uber, we are building the future of transportation, which will be increasingly electric, shared, and autonomous. Welcome, Waymo! 💚

oops Cruise Driverless Car Permits Suspended In California - good for Uber

Cruise Driverless Car Permits Suspended In California By DMV - WSJhttps://t.co/bPukWkK7fb

— LiveSquawk (@LiveSquawk) October 24, 2023

Uber started at buy with $51 stock price target at Seaport Research, today before the open

With all those protests. Demand for rides should be high. Or take the train with the crowds.

Earnings Tuesday Nov 7th before the bell

Josh Brown CNBC paid contributor - Yesterday halftime final pick - buy $UBER, I like it to year end

Stock price predictions

Anyone here from $20

What is mrq

Any patents

Bloomberg) -- Uber Technologies Inc. is developing an artificial intelligence-powered chatbot to integrate into its app, joining the long list of companies that are turning to the language tool to improve customer service, marketing and other automated tasks.

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“We’re working on it right now,” Chief Executive Officer Dara Khosrowshahi said Tuesday in an interview on the Bloomberg Technology show. He didn’t provide details on the specifics of what the chatbot would be capable of doing, but highlighted the ways Uber currently uses AI in its business.

“We have been working with machine learning, artificial intelligence systems for years and years,” he told Emily Chang. “Every time you get matched up with a car or a courier, there are algorithms making that happen, from the time of day, distance, all of that is driven by machine learning.”

Uber’s delivery competitors, including DoorDash Inc. and Instacart Inc. are also building chatbots.

DoorDash is working on a system called DashAI that would speed up ordering and help customers find food options on the app. In May, Instacart launched a new feature, dubbed “Ask Instacart,” powered by OpenAI Inc.’s application programming interface, or API, that customers can use to pose questions about food preparation.

Uber posted its first-ever operating profit Tuesday, but revenue missed analysts’ estimates and the pace of growth slowed, sending the shares down about 6%.

Good day to buy.
Uber will be more than just Ride Share and Uber Eats.

Uber Technologies, Inc. $UBER Total Debt (mrq) $11.26B Book Value Per Share (mrq) $3.72

Earnings spotlight: Tuesday, August 1 - Merck (MRK), Pfizer (PFE), Advanced Micro Devices (AMD), Caterpillar (CAT), Starbucks (SBUX), Uber (UBER), and Altria (MO). JR Research, a Seeking Alpha analyst stated "Given relatively pessimistic analysts' estimates, the market is likely positioned for a disappointing Q2 release for Pfizer."

UBER new 52 week high

UBER
GIG ECONOMY
Uber Eats, DoorDash, Grubhub Team Up to Sue New York City
New York City just got a special delivery: lawsuits courtesy of Uber Eats, DoorDash, and Grubhub.
On Thursday, the trio of gig economy mavens, plus upstart competitor Relay, sued the city over sweeping new rules that would require paying gig workers a guaranteed $17.96-an-hour minimum wage — a move, they say, that would upend the city’s entire gig economy ecosystem.
A Declaration of Independent Contractors
It’s a tale as old as, well… at least as old as Uber. Should drivers for delivery and ride-share apps be considered employees — and thus receive the benefits and guaranteed wages of a regular job? Or are they, as the companies have mostly defined them, independent contractors enjoying the ever-flexible fruits of gig work, like setting their own hours and accepting and rejecting tasks as they see fit? It’s a status quo the companies have long fought to protect. Most notably, in 2020, Uber, Lyft, Instacart, and Postmates poured a record $205 million into supporting a California state ballot measure known as Proposition 22 to keep drivers classified as independent contractors. The group won, and secured the victory in a California appellate-court case this past spring upholding the measure.
Now the industry faces a similar fight on the East Coast, with DoorDash and Grubhub filing a joint lawsuit in the Supreme Court of New York, while Uber Eats and Relay each filed separate suits. The law, set to go into effect on Wednesday, could “cause immediate and irreparable harm” to their businesses, Uber said in its complaint. Here’s how the math works out:
• The city’s new rule would require companies to either pay the roughly $18 per hour minimum, or 50 cents for every minute a driver spends on a single trip, with each rate excluding tips. That’s a healthy beat higher than the city’s overall $15-per-hour minimum wage.
• That would radically change the fluctuating per-gig rate system that delivery drivers now receive. The companies argue the new law could lead to contractors simultaneously logging on to various apps, essentially earning wages from multiple companies at once and leading to significantly higher consumer fees — possibly harming restaurants’ takeout business as well.
Add it to the List: The lawsuits are just the latest filed against the city. DoorDash, Uber Eats, and Grubhub are also suing over a 2021 law that caps the commission they can take from restaurant sales to just 23%. A similar law in San Francisco limits their cut to just 15%. The trio is also suing the city over another law that requires the apps to share basic customer data — such as names, addresses, and phone numbers — with the local restaurants taking orders, unless users decide to opt-out. Then again, what’s the point of living in the country’s densest city, with takeout options aplenty, if you’re going to wait an hour to overpay for app delivery?
- Brian Boyle

$UBER long term is a winner.

Long term investment still good

Hi $Pistol Pete$. Hope things are going well. I agree. Uber seems to be doing well.

hi peter, Uber Technologies Inc i like lots

I am still holding this one

UBER
Uber Technologies Inc
36.94
-0.55 (-1.47%)
Volume: 2,147,298
Day Range: 36.87 - 37.48
Last Trade Time: 9:40:37 AM EDT

UBER
WATCH for possible breakout above 34.39
Target: 38.12, 13.4% Stop: 32.54 Loss: 3.2%
P/L ratio: 4.2 : 1 - Excellent

Back to the $40 zone

Huge XNDA half the price for fares and its only at .20 a share wow

Heading to $10 soon!

Guber is TOAST! ROFLMAO

$UBER Joe Biden says the COVID-19 pandemic is over.

UBER will outperform the SP 500 all out buy !!! It’s dam bullish !!!!

Uber driver attacked by group of black girls

Uber execs saw themselves as “pirates” taking over the transportation industry, with help from high-profile friends, leaked docs say

A trove of Uber documents leaked to the media opens a window into the internal workings of the ridesharing giant’s sometimes brutal and sleazy approach towards muscling its way into becoming a worldwide juggernaut. Here is what we know about the so-called Uber Files.

Gig giant exposed The Uber Files were obtained by British newspaper The Guardian and shared with other outlets to prepare a series of reports based on the leak. Its principal partner is the US-based International Consortium of Investigative Journalists (ICIJ). The files include more than 124,000 documents, including 83,000 emails and text messages from 2013 to 2017. It was a time of rapid global expansion for the US giant, which was run at the time by co-founder Travis Kalanick. He resigned as CEO in 2017 amid concerns from investors over Uber’s corporate culture.

Uber pioneered a gig-economy business model, and many nations were not prepared for it, regulatorily speaking. As the company lured drivers with various incentives and cut costs by minimizing taxes, traditional taxi drivers protested what they saw as unfair competition.

‘Pirates’ of ridesharing Uber executives were quite aware of their dubious legal status and joked about their effort to brush off regulations, emails showed. “We have officially become pirates,” one person wrote in a discussion of company tactics to “avoid enforcement.”
The cavalier approach based on the notion that it’s better to seek forgiveness than permission produced what the company referred to as a “pyramid of sh*t,” including lawsuits from drivers, administrative procedures, investigations by regulators and direct litigation.

‘Kill switch’ One way to apparently hinder investigations was to cut access to company servers in the US from regional offices, referred to as “kill switch” in Uber communications. It was engaged during police raids in countries like France, the Netherlands, Belgium, India, Hungary and Romania.

Opposition slams Macron’s alleged ‘secret deal’ with Uber

In a text sent during a raid in Paris in 2015, Thibaud Simphal, the then-manager of Uber France told Mark MacGann, the company’s chief lobbyist in Europe at the time, that he’d used the technique so many times that “by now the most difficult part is continuing to act surprised.”
Other tech tricks were aimed against police officers who ordered rides for sting operations. In some countries, the app would ‘dispatch’ phantom cars that never arrived. In Denmark, Uber discussed creating “blackout geofences” around police stations, meaning only pre-approved clients would be able to call rides from those locations.

Violence “guarantee[s] success” Uber executives appeared to appreciate opportunities to exploit violence against their drivers to score some public sympathy. In 2015, the firm’s general manager in Belgium called an incident, in which a protester threw a flour sack at Uber driver and passengers, a “good story.”
In one 2016 exchange, Kalanick dismissed concerns over the safety of Uber drivers in France as he called for a counter-protest to confront activist taxi drivers. When warned by MacGann that ultra-right activists infiltrated the protest and could become violent, he said: “I think it’s worth it. Violence guarantee[s] success.”

Revolving door As it executed its expansion plans, Uber spared no money on lobbying. In 2016 alone, the proposed global budget for it was $90 million, according to the leaks. The company hired what the ICIJ called a “battalion” of people to advocate on their behalf, including many former officials in the Barack Obama administration.
Neelie Kroes, a former European Commission vice president, tried and failed to get an exemption from the EU’s executive body rules to become a lobbyist for Uber before her 18-month cool-off period expired. Despite this, during that period, she appeared to advocate on the company’s behalf, ICIJ said.
“Our relationship with NK is highly confidential,” MacGann told his colleagues, four months after Kroes resigned from the Commission. Uber executives were concerned that she could become “the poster child for the discussions around ‘revolving door/tech’s crony capitalism.’ ”

Friends in high places The company managed to get the ear of many powerful people throughout the world. In France, a fast-rising business-oriented technocrat Emmanuel Macron became a good ally in the government, who had a “clear desire on his part to work around the … legislation,” according to MacGann.
The future president of France may have played a role in resolving the 2015 crisis in Marseille, where the police suspended Uber service in some districts over mass protests. According to leaks, Macron, who was economy minister at the time, promised MacGann to “look into this personally.” The ban was revised “after intense pressure from Uber,” an internal company update later said.

Document leak reveals Uber’s secret activities – media READ MORE: Document leak reveals Uber’s secret activities – media

In one example of such networking, in 2016 Kalanick rubbed shoulders with the crowd at the World Economic Forum in Davos, which included then-Israeli Prime Minister Benjamin Netanyahu and George Osborne, the UK’s chancellor at the time.
Among others, he met with then-US Vice President Joe Biden, who did not come on time. Kalanick messaged a colleague, saying he told the VP’s people “that every minute late he is, is one less minute he will have with me.” His pitch for digital transformation of the transportation industry that the CEO gave impressed Biden so much that he altered his speech to praise Uber’s head.

$UBER The Uber whistleblower: I’m exposing a system that sold people a lie

“I regret being part of a group of people which massaged the facts to earn the trust of drivers, of consumers and of political elites,” he said. “I should have shown more common sense and pushed harder to stop the craziness. It is my duty to [now] speak up and help governments and parliamentarians right some fundamental wrongs. Morally, I had no choice in the matter.”
https://www.theguardian.com/news/2022/jul/11/uber-files-whistleblower-lobbyist-mark-macgann

This corruption I have been seeing since day 1 of the partnership with many... as an early investor of this plan we screwed alot...Honor among greed has been our focus and disrespect to the legal companies...

Yet another promise kept. We now partner with Uber Eats. A pilot test to deliver movie theatre treats, especially AMC Perfectly Popcorn, to the home. It is now live at AMC theatres in Chicago and Kansas City. If it works, we will roll it out all across the U.S. in the fall. pic.twitter.com/QCwi3JAGJX

— Adam Aron (@CEOAdam) July 9, 2022

Why would you think a reverse split?

They don't really need to increase the pps, and they are well within compliance.

Market conditions, are a huge driver, and have been hard on most. Turning profit is bottom line. The need it.

They have a pretty known platform, and it definitely has value. They have $32.8B in assets, and total liabilities of $22.9B, so looks like they can still find a way to function for some time to come. Last three quarters they lost, the most recent was a doozy, $5.9B. Of its nearly $6 billion in losses, $5.6 billion came from changes in the valuation of other companies in which it has a stake. A large portion of that was in DIDI, which was dropped from NASDAQ to the OTC.

The profit swings are big. They have been growing revenue constantly still, which is good. Roughly a billion for each of the last four quarters. Would help if DIDI worked out Sooner, rather than later A turn in market movement, based on something solid would be great.

Is it fair at the market cap of $44.2B fair! Currently, I think so. Possibly cheap, depending on the future. Hopefully they can stay away from further investment losses, scale well, and pump out consistent profits.

Lot's of money looking for bottoms, and they flood in at first solid sign for a market reversal. Looking forward to it.

RIGHT ON, maybe an RS will bring them into reality.
Do ya think???

Annotated Weekly Chart

Watchilist for today:

The CEOs of these companies are buying millions of shares, which is always a great sign.

UBER - Uber - $5.3M

SCHW - Charles Schwab - $9.5M

SHOP - Shopify - $10M

SPOT - Spotify - $50M

This company can't continue to hemorrhage money like this. Especially in this market environment.

Looking for this to test the march 2020 low of $13.71 with these continued losses, and market environment.

Nothing good here... And they still hold their investment in DIDI? Are they trying to lose money?

Everyone enjoy these #UBER & #LYFT levels this week.

Price Levels to Watch for in Stocks UBER & LYFT.

YouTube Link:

When’s the R/S coming ?

Thanks I played the earnings for a small profit but I think I’ll go long next buy $UBER

Welcome and congratulations on your new stock purchase.

Is it going up as of now, now?

$UBER Premium Super Pumped! All I Need https://open.spotify.com/track/4RU5XGbE64ELyahwbfiUBo?si=dd23d47db9974938

Earnings RSI + MACD Uber $UBER Crypto Alcohol Weed Florida PPP GOLD USA

Thank You @Uber! I’ll Keep Playing $UBER