Uber Offers Robotaxi Rides In Las Vegas [Barron's]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Barrons
Las Vegas visitors are now offered trips in the Hyundai IONIQ 5 robotaxi, an all-electric SUV that was developed by Motional, a joint venture between the South Korean auto giant and Aptiv, an auto tech company. The Las Vegas pilot program is the first step in a ten-year rollout of Motional's partnership with Uber that will next expand to Los Angeles. In practice, Uber users in Las Vegas will be asked to opt-in for the autonomous trip when they tap into the app for a ride. During the pilot program, the vehicles will have operators, "to lay the groundwork" for a fully driverless service that will hopefully begin in 2023, a statement said. In May, Uber and Motional tested fully autonomous food deliveries in Los Angeles through the Uber Eats service, which the companies said was a success. Uber also signed a 10-year agreement in September with Nuro, another autonomous vehicle specialist, to develop driverless food deliveries in Houston, Texas, and Mountain View, California. M
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- Uber Technologies, Inc. (NYSE: UBER) had its price target lowered by analysts at UBS Group AG from $100.00 to $95.00. They now have a "buy" rating on the stock.MarketBeat
- Uber Technologies, Inc. (NYSE: UBER) had its price target lowered by analysts at Jefferies Financial Group Inc. from $103.00 to $100.00. They now have a "buy" rating on the stock.MarketBeat
- Uber Technologies, Inc. (NYSE: UBER) had its price target raised by analysts at Citigroup Inc. from $91.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
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- Uber Technologies, Inc. (NYSE: UBER) had its price target lowered by analysts at Royal Bank of Canada from $85.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
UBER
Earnings
- 5/8/24 - Miss
UBER
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- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 5/7/24 - Form 4
- UBER's page on the SEC website