Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Uber Technologies (UBER) Partners With Lyft and Baidu to Launch Driverless Taxi Trials in UK [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
companies including Uber Technologies, Inc. (NYSE:UBER), Lyft, and Chinese Baidu have partnered to launch driverless taxi trials in the UK by next year. As a result of this partnership, Baidu's Apollo Go RT6 will join ride-hailing platforms in London by 2026. In addition, Wayve, which is a London-based startup, is also expected to launch its trials in 2026, driven by roughly $1 billion in investment from Uber Technologies, Inc. (NYSE:UBER) and SoftBank. The company will test its mapless, AI-driven technology with the launch. That said, on December 18, Nikhil Devnani from Bernstein reiterated a Buy rating on the stock and raised the price target from $110 to $115. The analyst noted that they remain optimistic on the stock despite the pressure from the emerging AV industry, driven by increased competition from players like Waymo, Zoox, and Tesla. Devnani noted that the increased competition from the AV industry has moderated the margins for the company to some extent, as the company Show less Read more
Impact Snapshot
Event Time:
UBER
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for UBER alerts
Opt-in for
UBER alerts

from News Quantified
Opt-in for
UBER alerts

from News Quantified