Uber Stock News

MEXICO CITY (Reuters) – Mexican electric car provider VEMO and U.S. car hailing platform Uber announced on Tuesday an alliance to boost the number of electric vehicles in the platform’s Mexico City fleet during 2022. The first phase of the pilot plan will add 250 electric vehicles to the app and is set to be … Read More

Mexican electric car provider VEMO and U.S. car hailing platform Uber announced on Tuesday an alliance to boost the number of electric vehicles in the platform''s Mexico City fleet during 2022. The first phase of the pilot plan will add 250 electric vehicles to the app and is set to be completed in the first quarter, according to a statement published by Uber. Adding those vehicles, rather than petrol vehicles, will save an average of 5,000 tons of carbon dioxide emissions each year, the equivalent of planting 250,000 trees, said Roberto Rocha, VEMO''s general director.

One of the 30 Dow stocks is reporting quarterly results after markets close Wednesday, along with a ride-sharing giant and a casino and online gambling operator.

Uber (NYSE:UBER) is scheduled to announce Q4 earnings results on Wednesday, February 9th, after market close.The consensus EPS Estimate is -$0.29 and the consensus Revenue Estimate

A whale with a lot of money to spend has taken a noticeably bullish stance on Uber Technologies . Looking at options history for Uber Technologies (NYSE: UBER ) we detected 20 strange trades. If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish. From the overall spotted trades, 3 are puts, for a total amount of $138,318 and 17, calls, for a total amount of $1,021,632. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $17.5 to $55.0 for Uber Technologies over the last 3 months. Volume & Open … Full story available on Benzinga.com

Firm backs mayor’s pledge to levy more charges to ease congestion and pollution as it unveils plans to expand zero-emission services

Uber’s app will beep and send push notifications to remind rear-seat passengers to buckle their seatbelts. The new feature comes amid an alarming rise in the number of traffic deaths on US roads.

Uber knows that its delivery service, featuring cosmetics, flowers, baby items and cleaning products, has outgrown the name Uber Eats. It just wants consumers to realize that too. Much as Uber is no longer strictly a rideshare company, the 30-second Super Bowl ad running in the game''s second quarter declares that its Uber Eats delivery

Canadian quantum computer maker D-Wave Systems Inc. is merging with a blank-check firm created by former Uber Technologies Inc. executive Emil Michael in a transaction giving the combined company an implied market value of as much as $1.6 billion.

By Aditi Shah NEW DELHI (Reuters) Indias Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify their delivery fleets ahead of a 2025 target for cleaner air, its environment minister told Reuters.

Maharashtra is an important market for e-commerce, ride-hailing and food delivery companies

One of India''s richest states and home to the financial hub of Mumbai, Maharashtra is an important market for e-commerce, ride-hailing and food delivery companies. Last year, it set a target for such companies to electrify 25% of their fleet by 2025.

When the likes of Uber and Yelp want to make their websites more appealing, they turn to Wellington''s Optimal Workshop. Now that roster is set to expand after a $10 million injection from Pioneer Capital

Key Events This Week: All Eyes On The CPI After what DB''s Jim Reid describes as "a week for the ages" this week should be calmer until of course US CPI comes along on Thursday. As the Deutsche strategist notes, in his look back at a hell of a week, what made last week so fascinating was the rare interplay between macro and micro. Not only did the rates world shake and reverberate (2yr bunds +35.9bps and the worse week since 2008), but on successive days we saw the biggest market cap fall in history for any company (Meta), followed by the biggest rise ever (Amazon). We have 83 S&P 500 companies reporting this week but no Goliath sized ones, so it''ll be a more normal week for earnings. The macro and micro last week was enough to push the Russian/Ukraine tensions into the background but they are clearly still there so we have to watch out for that as well. Over the weekend ECB governor Knott (a hawk) became the first ECB official to confirm what we reported last week, when he endorsed a 2022 hike by suggesting that he expects a hike around Q4 and another in Spring 2023, and that they are most likely to be in 25bps increments.