Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) Recorded Improvement Following the Economic Inflation

Following the impacts of the Covid-19 pandemic and the recent economic inflation, ride-share global institutions, including Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT), seek practical and cheaper methods to sustain their businesses. The institutions are evaluating their options in a new reality. With recorded pressures from investors due to the hefty recorded […]

Uber’s (NYSE:UBER) Freewheeling Era Is Over As Cities Tighten Regulations On Ride-Hailing

Uber Technologies (NYSE:UBER) is facing regulatory scrutiny across the globe, and it now seems the freewheeling era is over for the taxi-hailing company. The company saw its stock drop by 6% to $29.60. Uber faces a regulatory crackdown Last month it was a month to forget for the ride-hailing company after it was hit with […]