Uber Technologies will be looking to display strength as it nears its next earnings release. In that report, analysts expect Uber Technologies to post earnings of -$0.33 per share. This would mark year-over-year growth of 38.89%.
Last week, Aurora Innovation Inc said it had launched a pilot program with the freight unit of Uber Technologies Inc to transport goods in Texas and to integrate autonomous trucking into Uber Freight's shipping platform. Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston last week. The company plans to launch its commercial autonomous trucking business by the end of 2023, starting in Texas.
Uber is an investor in Aurora after the self-driving company bought Uber's autonomous vehicle unit ATG last year and Uber acquired a 26% ownership interest in Aurora.
Uber is in the upper bollinger band, holding right at about the 20 DMA. Stochastics and MACD are showing a bullish trend.
Last week, Aurora Innovation Inc said it had launched a pilot program with the freight unit of Uber Technologies Inc to transport goods in Texas and to integrate autonomous trucking into Uber Freight's shipping platform. Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston last week. The company plans to launch its commercial autonomous trucking business by the end of 2023, starting in Texas.
Uber is an investor in Aurora after the self-driving company bought Uber's autonomous vehicle unit ATG last year and Uber acquired a 26% ownership interest in Aurora.
Uber is in the upper bollinger band, holding right at about the 20 DMA. Stochastics and MACD are showing a bullish trend.