Uber Technologies has been generating substantial interest among investors recently, marking it as a high volume stock. The company has announced various partnerships, including a collaboration with Chinese self-driving tech startup and WeRide to launch robotaxis in the UAE. In North America, Uber Eats has teamed up with Spirit Halloween. In their continued pursuit of autonomous ride-hailing, Uber and Waymo have extended their partnership to Austin and Atlanta. Furthermore, Uber secured a $5B Revolving Credit Facility. Uber Direct has been selected for delivery services by Darden. Uber's proposals include taking on Amazon, and they have partnered with companies such as Olive Garden for delivery. The company has recently entered the Halloween business and has had its price target increased to $95 by Oppenheimer. Uber has new plans for autonomous vehicles deployment with Cruise and BYD. On the downside, a couple unable to sue Uber following a 'life-changing' crash may raise concerns around the company's liability policies.
Uber Technologies UBER News Analytics from Tue, 23 Jan 2024 15:25:39 GMT to Sun, 29 Sep 2024 12:00:00 GMT - Rating 7 - Innovation 9 - Information 8 - Rumor 3