Uber Technologies, Inc. Common Stock (UBER)

The billionaire investor also stated that Trump’s tax bill might pressure the stock and bond markets in the coming times.

The $110 price target represents a 27% upside to the stock’s closing price on Tuesday.

Ride sharing and on-demand delivery platform Uber (NYSE:UBER) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 13.8% year on year to $11.53 billion. Its non-GAAP profit of $1.06 per share was 52.3% above analysts’ consensus estimates.

UBER's stock price is up 37% and boosted by a robotaxi deal. M&A potential and technicals are positive, but caution advised due to recent dip.

Tesla stock rose 3.40% after being listed as official operator of autonomous vehicles in Austin, with plans to launch robotaxi service on June 12.

Brown & Brown said the acquired operations are expected to be accretive to its 2024 adjusted diluted net income per share.

Insmed said that it will immediately engage with the U.S. Food and Drug Administration (FDA) regarding a late-stage study design following the positive results from the mid-stage trial.

Uber stock was higher in early Tuesday after the company said it will test driverless taxis in London in partnership with Wayve.

The company did not provide a specific timeline for the trials but stated that it would be shared in the coming months, along with the details of the car manufacturer it would partner with.

Wayve and Uber will launch public-road trials of Level 4 autonomous vehicles in London, thanks to a new framework from U.K. government.

The fintech giant has fallen on some hard times.

Trump's tax-and-spending bill includes $1,000 Trump Account for every US baby born between 2025-2029. Critics question design and cost.

Bank of America Securities analyst Michael McGovern maintained a Buy on Uber Technologies on Tuesday.

Grab has reportedly indicated a pause or potential halt in its merger talks with GoTo amid regulatory concerns and political backlash in Indonesia over concerns about competition and consumer impact.

Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors. However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.

They're both seemingly doing well, but only one is plugged into an unwavering trend that's built to last.

Uber’s massive user base and global footprint may position it as a key player in bringing stablecoins to real-world use cases.

Uber has become the dominant ride-sharing company, but will autonomy hurt or help the company's future.

The CEO said he sees stablecoins as a practical tool beyond cryptocurrency’s historical use.

The company has introduced new features to make booking rides easier for older users.

Uber Eats, DoorDash, and Grubhub reached a settlement with New York City over a set of laws that increased the minimum pay for delivery workers and capped the fees charged to restaurants.