Uber Technologies Stock News

Law firm gives back to promote community safety with 1,000 Uber vouchers for residents in the Metro Phoenix area Law firm gives back to promote community safety with 1,000 Uber vouchers for residents in the Metro Phoenix area

Uber founder Travis Kalanick is looking for ways to buy the U.S. arm of Chinese autonomous vehicle company Pony.ai, according to The New York Times. Kalanick is reportedly working with investors to finance an acquisition, and Uber may even help make the transaction happen, the Times reports.

The ride-hailing company is in talks to help Mr. Kalanick, who was forced out in 2017, purchase an autonomous vehicles start-up as robot taxi service Waymo gains momentum.

Uber Eats customers in Atlanta can now opt in to have their food delivered via sidewalk delivery robots, following partner Serve Robotics's launch on Thursday. The move comes just two days after Uber and Waymo launched a commercial robotaxi service in the city.

Uber stock and Carnival highlight emergent strength in the leisure services industry group, as the stock market eyes new highs.

With a $175 billion market capitalization, Uber Technologies (UBER -0.82%) has become a well-known global enterprise. This is a tremendous accomplishment, considering the business was founded just 16 years ago.

Uber's upfront pricing strategy could have powered its financial turnaround, a new study found. The approach has come at the expense of ride-hailing drivers' pay, the study said.

In a big week for robotaxi bulls, Uber Technologies NYSE: UBER and Tesla NASDAQ: TSLA officially began their automated ride-sharing operations in two key geographies. Both these names saw strong gains in their shares as a result.