Bernstein analysts said Uber investors have been overly fearful of the threat posed by self-driving cars, particularly if autonomous-vehicle technology gets widely licensed.
When it comes to investing, I like to add new positions to my portfolio with the use of options. In today's video, I will be going through two option plays on two different stocks, SoFi Technology (SOFI +4.31%) and Uber Technologies (UBER +0.86%), as I want to own more of each long-term.
Uber said Tuesday (Dec. 16) that a Federal Trade Commission lawsuit that was joined Monday (Dec. 15) by 21 states and the District of Columbia is “misguided” and would “upend how virtually every modern subscription service operates.
The U.S. Federal Trade Commission said it and 21 states, along with the District of Columbia, have filed an amended complaint against ride-hailing app Uber alleging it engaged in deceptive billing and cancellation practices.
Uber Technologies' (NYSE:UBER) has seen a decline of approximately 10% over the last month—from about $94 to $84—despite the firm announcing another strong quarter, highlighting that the recent downturn is more influenced by market sentiment than by its fundamentals. This decrease positions Uber close to a one-month low, even though the larger tech sector has also faced setbacks, with numerous ...
Over the trailing-three-year period, this growth stock has trounced the market. Uber's gross bookings, revenue, and user base all expanded quickly over the years.
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