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Stock impact report

Uber Is Cozying Up With Rivian. Does This Make Either Stock a Buy? [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
following news of a massive cash injection from ride-hailing giant Uber Technologies (NYSE: UBER) . The electric-vehicle maker is getting a well-timed financial boost to build out its autonomous fleet. But does this high-profile partnership make the struggling automaker's stock a buy? On the surface, the deal looks like a big win for Rivian -- and it is. The company secures fresh capital and a guaranteed buyer for tens of thousands of its upcoming vehicles. But an improvement in Rivian's prospects doesn't automatically make the stock a buy. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Rivian. A bold robotaxi push The details of the partnership highlight a significant commitment from Uber. The ride-hailing company plans to invest up to $1.25 billion in Rivian through 2031 to help launch a f Show less Read more
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