Page 195 - Uber News Today

ATOMVEST Ltd lessened its holdings in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) by 29.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 621,278 shares of the ride-sharing company’s stock after selling 262,100 shares during the period. […]

Uber Technologies shares were gaining on Wednesday after it announced its first-ever share buyback plan. It’s a milestone for the ride-hailing company after...

Shocking footage showed the Uber driver watching the screen while steering around a corner in the centre of Leeds, West Yorkshire. The video was captured in the early hours of on February 2.

Jayla, a single mom, switched from being an Uber and Lyft driver to a school bus driver for stability, allowing her to get an apartment and take classes.

Investors hitched a ride to the top Wednesday as Uber and Lyft stocks surged following strong financial forecasts from both firms.

Over the next three years the ride-hailing firm expects gross bookings growth in the mid to high teens percentage and adjusted core profit growth in the high 30s to 40%. Free cash flow as a percentage of adjusted earnings before interest, taxes, depreciation and amortization is expected to be 90% or higher annually, the company said.

Day-long strikes are planned Wednesday at 10 major airports, including Miami International, Newark Liberty, and Chicago OHare, with mid-day rallies planned outside the airports.

Uber investors have new reasons to be excited.

The protests come a week after Lyft said it would guarantee weekly earnings for drivers.

The ride-hailing company’s stock closed down more than 2%—before an earnings report added an extra zero to a key number.