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Is Uber Technologies, Inc. (UBER) A Good Stock To Buy Now?
Insider Monkey58d agobullish
Is Uber Technologies, Inc. (UBER) A Good Stock To Buy Now?

Is UBER a good stock to buy? We came across a bullish thesis on Uber Technologies, Inc. on Rijnberk InvestInsights’s Substack by Daan | InvestInsights. In this article, we will summarize the bulls’ thesis on UBER. Uber Technologies, Inc.’s share was trading at $70.71 as of June 5th. UBER’s trailing and forward P/E were 17.92 and 21.55 […]

SpaceX Stock's Lockup: You've Been Warned
Trefis58d agoneutral
SpaceX Stock's Lockup: You've Been Warned

At a reported $1.8 trillion valuation, SpaceX (SPCX) is set to be the largest IPO in history. The business is genuinely exceptional. Starlink is profitable, launch economics are unmatched, and the defense contract pipeline is deep. But the stock will almost certainly price at a significant speculative premium, and that is precisely the context in which lockup periods matter most. Related: SpaceX At 100x Revenue: A Warning From 2000.

OpenAI Gets Kneecapped by a Major Investor at the Worst Possible Moment
24/7 Wall St.58d agoneutral
OpenAI Gets Kneecapped by a Major Investor at the Worst Possible Moment

OpenAI is suddenly fighting on three fronts at once, and its biggest backer is one of them. Microsoft (NASDAQ:MSFT) just gave OpenAI a hard nudge toward the exit lane, even as it keeps a $135 billion stake in the company. The timing could not be worse for Sam Altman. Three Pressure Points Converging Enterprise ROI ... OpenAI Gets Kneecapped by a Major Investor at the Worst Possible Moment

2 of Wall Street’s Favorite Stocks to Keep an Eye On and 1 We Avoid
StockStory58d agoneutral
2 of Wall Street’s Favorite Stocks to Keep an Eye On and 1 We Avoid

Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.

Uber opens sign-ups for London 'robotaxis' ahead of launch 'in months'
Reuters58d agoneutral
Uber opens sign-ups for London 'robotaxis' ahead of launch 'in months'

Uber said its users could sign up from Monday for a chance to ride in London's first robotaxis ‌powered by AI technology from British start-up Wayve as soon as regulators ‌give the go-ahead for launch, which it expects in the coming months. Autonomous vehicles are a strategic priority ​for the ride-hailing company, and it has partnered with more than 30 firms across the world on self-driving freight, delivery and taxi services, with millions of autonomous trips already taken. In London, it is working with Wayve to launch services that will work as regular ‌UberX, Uber Electric or Uber ⁠Comfort, except the vehicle will be driven by AI.

Is Rivian Automotive, Inc. (RIVN) A Good Stock To Buy Now?
Insider Monkey59d agobullish
Is Rivian Automotive, Inc. (RIVN) A Good Stock To Buy Now?

Is RIVN a good stock to buy? We came across a bullish thesis on Rivian Automotive, Inc. on LongYield’s Substack. In this article, we will summarize the bulls’ thesis on RIVN. Rivian Automotive, Inc.’s share was trading at $16.95 as of June 1st. Rivian Automotive, Inc., together with its subsidiaries, develops, manufactures, and sells category-defining electric vehicles. […]

Revenge of the AI bubble
Axios60d agoneutral
Revenge of the AI bubble

The AI bubble debate has lurched through at least three frenzied phases in the span of three years:

How The Investment Narrative Around Uber Technologies (UBER) Is Evolving For Investors
Simply Wall St.61d agoneutral
How The Investment Narrative Around Uber Technologies (UBER) Is Evolving For Investors

Analysts have left their price targets for Uber Technologies unchanged, signaling that expectations on valuation are currently steady. In the sections that follow, you will see how to track these kinds of updates over time so you can stay on top of the evolving analyst narrative around the stock. Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space...

Lucid Stock Is Deeply Oversold and We See 45% Gains Ahead
24/7 Wall St.61d agoneutral
Lucid Stock Is Deeply Oversold and We See 45% Gains Ahead

Lucid (NASDAQ:LCID) has been a brutal hold over the past year, but our model now sees the risk/reward shifting back toward buyers. The stock trades at $6.17 after a 71.95% one-year drawdown, and our 24/7 Wall St. price target for Lucid is $8.94, implying 44.86% upside over the next 12 months. The recommendation is buy ... Lucid Stock Is Deeply Oversold and We See 45% Gains Ahead

Bloomberg61d agoneutral
SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500

(Bloomberg) -- Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch a

Uber Reshapes HR Team As Stock Trades Below Valuation Estimates
Simply Wall St.62d agoneutral
Uber Reshapes HR Team As Stock Trades Below Valuation Estimates

Uber Technologies (NYSE:UBER) is cutting 23% of roles in its People and Places division, a group that manages HR, recruitment, and workplace culture. The layoffs, which affect less than 1% of Uber’s global workforce, are focused on senior roles and are not tied to its AI initiatives. CEO Dara Khosrowshahi and President Jill Hazelbaker describe the move as an effort to streamline operations and sharpen organizational effectiveness. For investors watching NYSE:UBER at a share price of $72.21,...

Uber reveals an unexpected problem behind the AI boom
TheStreet62d agoneutral
Uber reveals an unexpected problem behind the AI boom

Every company in America is being told to embrace AI. Very few are being honest about what will happen when the bill arrives. Uber (UBER) just became one of the first major technology companies to publicly acknowledge a problem that is quietly spreading across corporate America: AI tools are ...