Cheddar's is the next Darden brand to test first-party delivery following the successful rollout at Olive Garden ORLANDO, Fla. and SAN FRANCISCO, March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) and Uber Technologies, Inc. (NYSE: UBER) announced today that Cheddar's Scratch Kitchen is the next Darden brand to pilot on-demand delivery. Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Stea ...

Nvidia Corp NVDA just landed another heavyweight deal—this time with General Motors Co GM—and it's one that could shake up the autonomous driving race. While Tesla Inc TSLA has long dominated with its Full Self-Driving (FSD) tech, GM is now doubling down on Nvidia's AI muscle to build its next-gen self-driving fleet. Related: Tesla Takes Another Hit With Nvidia, GM Self-Driving PartnershipAnd Uber Technologies Inc UBER is primed to benefit from the ride-hailing revolution.GM + Nvidia: A Self-Driving Power P ...

Serve Robotics (SERV 2.15%) develops autonomous robots that have already completed thousands of food deliveries on behalf of platforms like Uber's Uber Eats. In fact, the company has a contract with Uber to deploy thousands of new robots by the end of 2025, which will pave the way for an expansion into new geographic markets.Serve's robots are powered by Nvidia's (NVDA -1.50%) Jetson Orin platform, which provides the hardware and software required to run advanced robotics and computer vision. Nvidia was als ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Core Insights - Uber Technologies has experienced a significant stock fluctuation, with a 30% drawdown attributed to autonomous vehicle (AV) concerns, but has since shown strong results and enthusiasm, nearing its all-time highs [1] Group 1: Company Performance - The stock's recovery is driven by strong financial results and positive market sentiment [1] - The company aims to invest in firms with excellent qualitative attributes, purchasing them at attractive prices based on fundamentals [1] Group 2: Investment Strategy - The investment strategy focuses on maintaining a concentrated portfolio to avoid underperformers while maximizing exposure to high-potential winners [1] - Companies may receive a 'Hold' rating if their growth opportunities do not meet the investor's threshold or if the downside risk is deemed too high [1]

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Uber is a high-risk but potentially high-return stock.Uber Technologies (UBER -2.37%) has left investors with a range of views. On the one hand, it has performed well in recent quarters, delivering growth and profits. It has also attracted billionaire investor Bill Ackman, who bought a considerable stake in the company.Yet, its future remains uncertain as it faces ongoing competition and the rise of autonomous ride-hailing businesses. This article will explore the arguments of both the bulls and the bears. ...

Core Insights - Travis Kalanick, former CEO of Uber, believes the decision to abandon the autonomous driving program was a mistake, stating that the company was close to catching up with Waymo and could have developed an autonomous ride-sharing product [1] - Uber sold its self-driving unit to Aurora in 2020 after significant financial losses, having spent hundreds of millions on the project [1] - Waymo's self-driving cars are now operational in multiple markets, including the Bay Area, Los Angeles, and Phoenix, indicating a competitive advantage [1] Partnerships and Future Outlook - Waymo has recently partnered with Uber in Austin, with Uber relying on its platform to enhance the service [2] - There is a risk that if Waymo decides to operate independently, Uber could face challenges, reversing its position in the transportation industry [2]

OAKVILLE, Ontario, March 12, 2025 (GLOBE NEWSWIRE) -- With St. Patrick’s Day approaching, MADD Canada, Uber Canada and Diageo Canada are launching the national Get [There] Safe campaign in Toronto to reduce the risk of impaired driving. From March 14 at 9 a.m. to March 17 at 11:59 p.m., coasters featuring a promo code for 25% off Uber rides up to $10 will be distributed in bars and restaurants across the city, offering patrons an easy and affordable way to secure a safe ride—no matter where the night takes ...

Core Insights - Uber Technologies has terminated its acquisition of Delivery Hero's Foodpanda in Taiwan due to antitrust concerns raised by Taiwan's Fair Trade Commission, which indicated that the deal would increase Uber's market share to 90% [1][2] - Foodpanda currently holds a 52% market share in Taiwan's food delivery market, while Uber Eats has 48%, indicating a highly competitive landscape [2] - Uber is required to pay a termination fee of approximately USD $250 million as part of the deal's cancellation [2] Company Developments - The acquisition was initially expected to be completed in the first half of 2025, aligning with Uber Eats' strategy to expand in Asia, particularly in Taiwan [3] - Delivery Hero is withdrawing from the Southeast Asian market, having previously attempted to sell its operations in several countries, including Singapore and Malaysia, but ultimately decided to terminate those negotiations [4] - Foodpanda has undergone layoffs to streamline operations ahead of the potential sale, following previous staffing reductions in 2022 and 2023 [5]