Uber: Waymo Jumpstarting Autonomous Upside
UBERUber(UBER) Seeking Alpha·2024-09-17 15:02
Ilya S. Savenok/Getty Images Entertainment Investment Thesis Since going public in 2019, Uber (NYSE:UBER) has spent most of the last 5 years struggling to demonstrate profitability to the street. This changed in 2023 when the company made a post tech-bubble pop push to become profitable, therefore fundamentally changing the narrative around ride-hailing startups. Profits are good for any business, but I think this is just the beginning. Uber’s management (and shareholders for that matter) know the key t ...