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SpaceX IPOs on Friday. The 55% rule says don’t chase it.
24/7 Wall St.55d agoneutral
SpaceX IPOs on Friday. The 55% rule says don’t chase it.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

Here is Why Uber (UBER) Is Among the Best Stocks to Buy Now for the Next 3 Months
Insider Monkey55d agobullish
Here is Why Uber (UBER) Is Among the Best Stocks to Buy Now for the Next 3 Months

Uber Technologies, Inc. (NYSE:UBER) is widely held by hedge funds and is one of the best stocks to buy now for the next 3 months. Uber Technologies, Inc. (NYSE:UBER) is investing in robotaxis as it believes it is the future of convenience. On June 3, Reuters reported that Uber committed around $500 million in self-driving […]

Uber cuts jobs while chasing major new markets
TheStreet56d agobearish
Uber cuts jobs while chasing major new markets

At this point, any layoff news is not a surprise. And while the numbers often appear smaller in the company context, the impact on the people left to search for new jobs in this economy is significant. Despite the recent May jobs report, which said 172,000 new jobs were added, with over 90,000 ...

Uber sues New York City over 'reckless' driver protection law
Reuters56d agoneutral
Uber sues New York City over 'reckless' driver protection law

Uber Technologies sued New York City to block enforcement of a new law that it said would unconstitutionally force ‌it to keep drivers it does not want on its platform. In a complaint filed ‌late on Tuesday night, Uber said the law against "wrongful deactivations" would improperly shield drivers who engage in dangerous, threatening ​or other inappropriate behavior, threatening public safety and causing "immediate and irreparable harm" by undermining the company's reputation and goodwill. It said the law violates its free-speech and due-process rights under the U.S. Constitution, as well as New York's state constitution.

Rivian vs Lucid: This EV Stock Is The Better Buy
24/7 Wall St.56d agobullish
Rivian vs Lucid: This EV Stock Is The Better Buy

Rivian (NASDAQ:RIVN) and Lucid (NASDAQ:LCID) just gave us two very different EV stories. Rivian’s Q1 FY26 showed a real business taking shape, with software pulling weight while the R2 launch begins. Lucid’s Q4 FY25 revealed an unfinished luxury bet still burning cash faster than it can sell cars. Software Saves Rivian. Luxury Still Costs Lucid ... Rivian vs Lucid: This EV Stock Is The Better Buy

Uber’s European Robotaxis Test Multi Partner Path To Long Term Gains
Simply Wall St.57d agoneutral
Uber’s European Robotaxis Test Multi Partner Path To Long Term Gains

Uber Technologies (NYSE:UBER) is launching commercial robotaxi pilots in Europe. Madrid will host a robotaxi service using WeRide vehicles on the Uber platform. Munich will see autonomous rides powered by Autobrains software and Nvidia hardware. Uber Technologies, trading at $70.38, is pushing deeper into autonomous ride hailing just as the stock has been under pressure, with the share price down 6.7% over the past month and down 15.1% year to date. Over a longer horizon, the stock is up...

Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?
Insider Monkey57d agobullish
Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?

Uber Technologies, Inc. (NYSE:UBER) is one of the best NYSE stocks to buy for long-term investment Reuters reported on June 1 that Uber Technologies, Inc. (NYSE:UBER) and Israel-based Autobrains announced on Monday plans to launch a robotaxi ‌programme in Munich in collaboration with Nvidia. The collaboration marks a push to boost autonomous ride-hailing ​in Europe, and […]

Why GENZ’s High Yield Can’t Survive Its Shift From Casinos to Apps
24/7 Wall St.58d agoneutral
Why GENZ’s High Yield Can’t Survive Its Shift From Casinos to Apps

The ticker investors used to know as VanEck Gaming ETF (NASDAQ:BJK) officially converted to the VanEck Digital Native Economy ETF on April 9, 2026, trading under the new symbol GENZ. The fund still sits in many income-oriented portfolios because of its $1.36 annual distribution paid in February 2026, which works out to a trailing yield ... Why GENZ’s High Yield Can’t Survive Its Shift From Casinos to Apps

Is Uber Stock Poised For A Rally?
Trefis58d agobullish
Is Uber Stock Poised For A Rally?

Uber Technologies (UBER) stock is at an interesting point right now. If you bet on it, you are betting on a company that's growing reasonably, is sustaining good cash flow and margin, has a low-debt to market cap structure, and is relatively cheaply valued. But is that enough.

Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny
Simply Wall St.58d agoneutral
Uber Delivery Hero Dispute Puts Expansion And Valuation Thesis Under Scrutiny

Uber Technologies (NYSE:UBER) is facing a challenge to its proposed acquisition of Delivery Hero from a Saudi Arabian startup. The dispute introduces new geopolitical and competitive complications for Uber's food delivery expansion plans. The development raises fresh questions around execution risk, regulatory review, and the timing of any potential deal closure. For investors tracking NYSE:UBER, the timing of this challenge comes after a period where the stock has given up ground, with...

Jensen Huang’s Huge AI Prediction Has Just One Tiny Problem
24/7 Wall St.58d agoneutral
Jensen Huang’s Huge AI Prediction Has Just One Tiny Problem

Jensen Huang has a way with grand pronouncements. On NVIDIA’s most recent earnings call, the CEO told investors that “the buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.” The numbers behind that statement are real: NVIDIA (NASDAQ:NVDA) just posted $81.61 billion in quarterly revenue, with Data Center ... Jensen Huang’s Huge AI Prediction Has Just One Tiny Problem

Jim Cramer Endorses Uber for Long Term Growth Over the Next Year or Two
Insider Monkey58d agoneutral
Jim Cramer Endorses Uber for Long Term Growth Over the Next Year or Two

Uber Technologies, Inc. (NYSE:UBER) was among the stocks Jim Cramer highlighted on Mad Money as he noted that the market has an appetite for stocks. A caller asked for Cramer’s thoughts on the company’s growth and scale over the next year or two. He replied: I think that in the next year or two, you […]