Uber Technologies (NYSE: UBER) gained 7% premarket after announcing a 5,000-vehicle autonomous delivery fleet partnership with Waymo, targeting 20% cost reductions in last-mile logistics by 2026.
Strategic Details:
- Deployment: Los Angeles, Miami, and Dallas first to roll out.
- Financial Impact: Expected to boost EBITDA by $300 million annually.
- Ride-Sharing Growth: Active users hit 150 million (+12% YoY).
CEO Quote:
“Autonomy is key to profitability,” said Dara Khosrowshahi.
