Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Today, Uber Technologies, Inc. (NYSE: UBER) announced the start of a new partnership with St. Louis-based Save A Lot, one of the country's largest discount grocers with more than 600 independently owned grocery locations serviceable by Uber across 32 U.S. states.
Waabi has raised $200 million in a Series B funding round, led by existing investors Uber Technologies and Khosla Ventures, to support the rollout of its fully autonomous trucks next year, it said on Tuesday. It currently operates autonomous trucks with safety drivers on planned commercial routes but aims for full self-driving deployment in 2025, four years after the company was founded. Waabi uses its driving simulation software called the Waabi World to test, train and program the trucks, reducing the risk of testing on public roads and enables the company to be capital efficient, Waabi CEO Raquel Urtasun told Reuters.