Uber Technologies Inc is a leading technology company that revolutionizes urban transportation and logistics through its mobile app platform. The company connects riders with drivers for convenient ride-hailing services, while also offering a range of additional services, such as food delivery through Uber Eats and freight transportation. With a focus on innovation, Uber continually explores advancements in areas like autonomous vehicles and aerial mobility, aiming to enhance the efficiency and accessibility of transportation solutions for individuals and businesses worldwide. Read More
UBER stock offers strong growth at a reasonable price (GARP). With explosive EPS growth, solid financial health, and a cheap PEG ratio, it's a top pick for balanced investors.
Silicon Valley's decades-long dominance as the world's premier tech hub faces unprecedented challenges as European cities attract growing numbers of startup founders seeking favorable tax structures, skilled talent pools, and strategic market access. The Netherlands, in particular, has emerged as a compelling destination for tech entrepreneurs looking to establish their European headquarters.
The EV industry saw major moves this week as Xiaomi's new model drew surging demand, Ford unveiled a universal EV platform, BYD set records in India, Uber launched big driver incentives, and Tesla pushed ahead with robotaxi tests.
Shares of ride sharing service Lyft (NASDAQ: LYFT)
jumped 9.5% in the afternoon session after the company announced its co-founders, Logan Green and John Zimmer, will step down from the board next year. The rideshare company announced that co-founders Logan Green and John Zimmer will exit the board in August 2025, completing a two-year transition plan. As part of the change, they will convert their special Class B shares to Class A shares, eliminating the dual-class structure and establishing equal voting rights for all shareholders.
The White House has reportedly created a rating system to evaluate the support of corporate America for President Donald Trump's "One Big Beautiful Bill" and other policies.
WeRide (WRD) gains after strategic partnership with Grab (GRAB) to deploy robotaxis and shuttles in Southeast Asia, boosting AV industry and service quality.
