The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.
Uber stock jumped Monday morning after the ride-hail giant announced a $1.5 billion accelerated share repurchase agreement.
Rising technology stocks are helping U.S. indexes recover more of their holiday-season slide that bridged the new year. The S ...
Uber Technologies and Lyft stocks were rising Monday after two analysts shared optimistic views about the ride-hailing ...
General Motors settled a class action lawsuit claiming that GM’s Duramax diesel engines contained faulty fuel pumps. The suit ...
Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...
The S&P 500 Index ($SPX) (SPY) is up +0.95%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.30%, and the Nasdaq 100 ...
Uber Technologies, Inc. (UBER) announced on Monday that it has inked an accelerated share repurchase or ASR deal with Bank of ...
Uber Technologies Inc.’s stock soared 5.7% early Monday, boosted by news the car-sharing company is planning an accelerated ...
Uber said the accelerated buyback is part of its inaugural $7 billion repurchase unveiled last February. The company spent $701 million to buy back 10.1 million shares during the first nine months of ...