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Uber Technologies Inc - UBER STOCK NEWS

Welcome to our dedicated news page for Uber Technologies (Ticker: UBER), a resource for investors and traders seeking the latest updates and insights on Uber Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Uber Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Uber Technologies's position in the market.

Rhea-AI Summary
Uber Technologies partners with The Vitamin Shoppe to offer on-demand delivery of nutritional supplements through the Uber Eats app, providing customers with a convenient way to access health and wellness products nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
Tags
partnership
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Rhea-AI Summary
Acadia Healthcare Company, Inc. (NASDAQ: ACHC) partners with Uber Health to enhance access to behavioral health care and addiction treatment by offering transportation services. The collaboration aims to reduce barriers to treatment and improve patient outcomes by providing reliable transportation to Acadia's Comprehensive Treatment Centers (CTCs) across multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
none
-
Rhea-AI Summary
Uber partners with Mastercard and Payfare to launch the Uber Pro Card, offering free instant payouts, cashback rewards on gas and EV charging, and enhanced loyalty features for drivers and delivery people in Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
partnership
Rhea-AI Summary
Uber CEO Dara Khosrowshahi to keynote at the 2024 Morgan Stanley Conference on March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
conferences
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Rhea-AI Summary
Uber Technologies, Inc. (UBER) authorizes a $7 billion share repurchase program, reflecting confidence in financial strength. The company plans to strategically reduce share count and offset stock-based compensation. Uber will host a virtual Investor Update to present updated strategy, financial framework, and capital allocation plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.73%
Tags
buyback
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Rhea-AI Summary
Uber Technologies, Inc. (UBER) announced strong financial results for the fourth quarter and full year ended December 31, 2023. The company reported a 24% increase in fourth quarter trips and a 15% increase in monthly active platform consumers year-over-year. Additionally, fourth quarter Gross Bookings grew 22% year-over-year, with a 21% increase on a constant currency basis. The company also reported a fourth quarter net income of $1.4 billion, income from operations of $652 million, and record Adjusted EBITDA margin. Furthermore, Uber's fourth quarter operating cash flow was $823 million, with free cash flow of $768 million. CEO Dara Khosrowshahi emphasized that 2023 was an inflection point for Uber, demonstrating strong, profitable growth at scale, with an average of nearly 26 million daily trips powered by the platform. CFO Prashanth Mahendra-Rajah highlighted the company's record engagement and accelerating Gross Bookings in Q4, attributing it to Uber's platform advantages and disciplined investment in new growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
Rhea-AI Summary
Uber Technologies, Inc. (UBER) will hold its quarterly conference call to discuss its fourth quarter 2023 financial results on February 7th, followed by a virtual Investor Update on February 14th. The company's executive leadership team will present an updated view of the company’s strategy and capital allocation plans, followed by Q&A. Investors can access the webcast and event registration on Uber’s Investor Relations website. Uber uses its Investor Relations website for disclosing material nonpublic information and complying with its disclosure obligations under Regulation FD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
Tags
-
Rhea-AI Summary
Uber for Business (UBER) integrates with expense management providers Brex and Ramp to automate receipt matching for Uber rides and meals, benefiting over 200,000 companies and their employees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
Tags
none
-
Rhea-AI Summary
Uber Technologies, Inc. (NYSE: UBER) has announced that Torchy’s Tacos, a well-loved taco chain, is now available for delivery with Uber Eats across 14 states. Customers can now order from over 100 Torchy’s Tacos locations through the Uber Eats app, including their famous Green Chili Queso and rotating made-from-scratch tacos of the month. The partnership aims to offer a seamless delivery experience, with special promotions for consumers and Uber One members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
partnership
Rhea-AI Summary
Uber Technologies (UBER) partners with Big Lots (BIG) to bring the home discount retailer's massive selection to the Uber Eats app, providing nationwide on-demand and scheduled delivery of thousands of items, including home goods, Christmas Shop, Household Essentials, Grocery, Pets, Trending Products, Kids & Baby, and more. Uber One members enjoy a $0 Delivery Fee and up to 10% off all eligible orders with a $15 minimum purchase. Consumers can receive 50% off orders of $50+ from today through December 31st, using the code BIGLOTS50. Big Lots joins a growing list of North American retailers on the Uber Eats app, including PetSmart, Staples, Party City, Bed Bath & Beyond, and Office Depot, among others.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.44%
Tags
none
Uber Technologies Inc

NYSE:UBER

UBER Rankings

UBER Stock Data

158.57B
2.07B
0.17%
83.66%
2.78%
Taxi Service
Transportation and Warehousing
Link
US
San Francisco

About UBER

Uber Technologies, Inc, commonly referred to as Uber, is a transportation conglomerate that mainly provides taxi services where individuals can hail a taxi in an app on their phone.