Self-driving cars are quickly becoming a reality thanks to companies like Tesla and Alphabet's Waymo, but those pioneers might not be the biggest winners during the autonomous revolution.
Lyft will add autonomous shuttles made by Austrian manufacturer Benteler Group to its network in late 2026, the company announced Friday. The shuttles will be deployed in partnership with U.S. cities and airports, according to Lyft, but could expand out from there if things go well.
Uber Technologies (UBER 1.19%) is going all-in on autonomous vehicles. The company just committed to a massive multiyear partnership with electric vehicle (EV) maker Lucid (LCID -3.08%) and self-driving start-up Nuro in a move that could reshape its future.
After a rough start to the year, tech stocks are back on top. As of this writing, the tech-heavy Nasdaq Composite is up 28% over the last three months.
Uber Technologies (UBER -2.01%) has successfully reinvented itself. From a money-burning disruptor, it has now evolved into a profitable cash machine, generating over $6.9 billion in free cash flow in 2024.
For some investors, earnings season is the pinnacle of data dumps on Wall Street. This is the six-week period each quarter where the stock market's most prominent and influential businesses lift the hood on their operating results.
Uber announced a "Women's Preferences" to allow women riders and drivers in the U.S. to only be connected with other women for their trips through the ride-sharing service.
Uber's determination to emerge as the ride-share/robo-taxi platform market leader has been exemplified by the growing partnerships with Waymo, Lucid, and Volkswagen, amongst others. For now, the company remains more than well capitalized to embark on the ambitious autonomous investments, thanks to the richer Free Cash Flow generations and stable balance sheet health. Uber's key differentiator w...
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