Uber Technologies Inc. (UBER) to acquire logistics service provider Transplace
Uber Technologies Inc. (NYSE: UBER) recently announced the acquisition of logistics service provider Transplace. Diversifying into a new market is a great way to gain new customers. Uber Technologies will acquire logistics provider Transplace for $2.25 billion. With the acquisition, the company will be able to expand its presence in the freight market. So far, […]
Are We Nearing A Turn In The Industry? – Uber (UBER)
After announcing its first-quarter financials, Uber’s (UBER) share price fell 4.75% on Wednesday afternoon. Even as the macro environment for transportation services, including Uber and other taxi and delivery companies, is improving amid massive COVID-19 vaccinations, and economies and tourism, particularly, are recovering, several challenges threaten their profits. This quarter Uber posted its record low […]
These Technology Firms’ Shares Will Grow By 30% Next Year
As the coronavirus pandemic led to an increase in demand for technology solutions for remote working, schooling and online entertainment; tech stocks reported the fastest growth in 2020. The mass COVID-19 vaccination should speed up the recovery of economies that will benefit the technology industry. The shares of these technology firms will rise by 30 […]
Apple (AAPL) Stock Surged For iPhone Delivery Goals, Uber Stock Plummet After Incomplete Regulatory Filing
On Tuesday at Wall Street, after news from the ‘Nikkei’ that the Apple Inc (AAPL) expects to manufacture up to 96 million iPhones in the first half of 2021, Apple stood out by a 5 percent leap, which would be a jump of almost 30 percent compared to the same duration of 2019. In spite […]
Alphabet (GOOGL), Facebook (FB), AutoZone (AZO), UBER Fell While Apple Inc (AAPL), Northrop Grumman (NOC) Risen
On Tuesday, shares of Alphabet Inc (GOOGL) dropped -0.31 percent to $1811.33 while Facebook Inc (FB) lost -0.76 percent to settle at $283.40. Stocks of the tech giants declined as a bill to require Facebook and Google to pay media companies for data on their websites has been introduced Tuesday by the Australian government. Uber […]
