Uber to invest $300 million in EV maker Lucid
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Lucid (LCID) shares are up more than 40% at the time of writing after Uber Technologies (UBER) said it will invest $300 million in the EV maker as part of a broader robotaxi agreement signed today. Uber will also invest in Nuro,
Billionaires, oligarchs, and other members of the uber-rich, known as "elites," are notorious for the use of offshore financial systems to conceal their assets and mask their identities. Understanding the transnational offshore finance networks that they utilize has long been a challenge given the secrecy involved.
Uber's decision to use AI to determine prices and driver pay could be the key to the ride-hailing company's financial turnaround, a new study found.
Bernie McTernan has given his Buy rating due to a combination of factors, including Uber’s strong financial performance in the third quarter. Uber’s adjusted EBITDA exceeded expectations ...
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GlobalData on MSNUber in talks with Travis Kalanick to fund acquisition of Pony.ai USUber Technologies is in preliminary discussions with its co-founder and former CEO, Travis Kalanick, to help fund his acquisition of the US subsidiary of Chinese autonomous vehicle company Pony.ai, according to a report by The New York Times.
Uber CEO Dara Khosrowshahi said that while the ride-hailing platform is making headway on its EV ambitions, it must ramp up its efforts.
Uber stock climbs 10.9% in June as company expands Waymo partnership to Atlanta, offering autonomous rides while Tesla struggles with robotaxi delays.
BD8 Capital Partners, LLC CEO and chief investment officer Barbara Doran picked Uber (UBER) over Lyft (LYFT) as part of the Yahoo Finance segment Good Buy or Goodbye. Nearly nine months later, that trade has turned out to be a good call.
Uber Technologies Inc UBER financial results for the second quarter have significantly surpassed market expectations, showing strong growth in several key areas.