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Zacks News
Take a Bite of Uber-Postmates Deal With These ETFs
by Sanghamitra Saha
Mergers and acquisitions in the global food delivery space have been heating up. The consolidation of Uber Technologies Inc (UBER) and Postmates is a new development in the segment.
Uber Launches Grocery Delivery in Latin America & Canada
by Zacks Equity Research
Given the coronavirus-induced slump in rides business, Uber's aim to bolster its delivery services is encouraging.
Company News for Jul 7, 2020
by Zacks Equity Research
Companies in The News Are: BRK.B, D, UBER, REGN, SINA.
Stock Market News for Jul 6, 2020
by Zacks Equity Research
Wall Street closed higher on Thursday following the release of better-than-expected nonfarm payroll data of June.
Uber to Acquire Postmates in an All-Stock Deal for $2.65B
by Zacks Equity Research
After failed attempt to acquire Grubhub, Uber (UBER) is now set to purchase its smaller rival in the food delivery space, Postmates.
Uber Technologies (UBER) Gets Flex CEO as New Board Member
by Zacks Equity Research
Uber Technologies (UBER) welcomes Revathi Advaithi aboard as an independent director and member of the Audit Committee.
Uber Technologies (UBER) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Uber Technologies (UBER) closed at $30.68 in the latest trading session, marking a +0.82% move from the prior day.
Global M&As in Q2 Hit by Coronavirus: Trend Reversal Ahead?
by Swayta Shah
M&As have taken a hit amid coronavirus-related economic slowdown. Nevertheless, once the crisis subsides, a wave of consolidation is likely to occur.
Are Options Traders Betting on a Big Move in Uber Stock?
by Zacks Equity Research
Investors need to pay close attention to Uber stock based on the movements in the options market lately.
Uber (UBER) is Reportedly Looking to Purchase Postmates
by Zacks Equity Research
After the Grubhub-deal failure, Uber (UBER) is said to be in talks to buy Postmates, its smaller rival in the food-delivery space.
Robotics Turns Indispensable as Coronavirus Tightens Grip: 5 Picks
by Ritujay Ghosh
From sanitizing hospitals, homes and workplaces to monitoring, surveying, handling and delivering food and medicines to patients, robots are coming to the aid of healthcare workers, thus lowering their risk of exposure.
Tension Builds Up for Uber Over California's Gig Worker Law
by Zacks Equity Research
Uber (UBER) might be forced to pay for worker benefits and other protections, in case a preliminary injunction is ordered by a California state judge.
Support Levels & Tech Stocks To Watch As The Market Rally Comes To An End
by Daniel Laboe
Technical support levels to watch as the market breaks and entry points for some of my favorite tech stocks
MoneyGram's New Tie-Up to Bolster Presence in South Korea
by Zacks Equity Research
MoneyGram (MGI) ties up with GME to strengthen foothold in Korea, where it already boasts of a strong base.
Uber Technologies (UBER) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Uber Technologies (UBER) closed at $33.05, marking a +1.13% move from the previous day.
Lyft (LYFT) to Transform to 100% Electric Vehicles by 2030
by Zacks Equity Research
With a goal to reduce greenhouse gas emissions, Lyft (LYFT) plans to switch 100% of its fleet to electric in a decade's time.
Ryder's Partnership With Uber Touches 100K Ride Milestone
by Zacks Equity Research
Ryder's (R) ability to serve its customers is enhanced through the deployment of of Uber for Business
Uber Benefits From Rise in Bookings Amid Coronavirus Woes
by Zacks Equity Research
Uber's efforts to expand its presence across the globe are impressive. However, rising costs and COVID-19 crisis are a headwind.
Uber Fails in Its Quest to Acquire Grubhub, Shares Drop
by Zacks Equity Research
Uber's (UBER) Grubhub deal falls prey to antitrust scrutiny. The company loses the deal to Just Eat Takeaway.com.
The Smart Future: Will Robotics Call the Shots Post Coronavirus?
by Zacks Equity Research
Robots are assisting in surprising ways on the COVID frontline. With their pivotal role in battling the coronavirus, robotics revolution is swiftly gaining momentum and soon might be the new normal.
Flying Taxis Set to Become Reality: 3 Stocks to Watch Out
by Zacks Equity Research
The world of personal and public transportation is undergoing massive change and flying taxis could become the next big thing.
Wall Street Starts a New Week in Positive Notes
by Zacks Equity Research
Wall Street Starts a New Week in Positive Notes.
Markets Remain Exuberant to Start a New Week
by Mark Vickery
In New York City today, an estimated 200K-400K non-essential workers will return to their places of business today, increasing public transit use as well as auto traffic.
Uber (UBER) Rides Business Down 70%, Better Than April Drop
by Zacks Equity Research
Uber's (UBER) rides business, down 70%, is showing week-over-week improvement amid easing coronavirus-led restrictions.
Uber (UBER) Up 20.3% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.