Business • Jun 25, 2025

Uber's stock soars 7% amidst positive developments

Uber's stock just jumped nearly 7%, closing at $91.41 on Tuesday—one of its biggest single-day gains in recent months.
Trading activity was buzzing too, with over 15 million shares changing hands.

TL;DR

Self-driving taxis in Atlanta

Uber rolled out self-driving taxis in Atlanta through a partnership with Waymo, marking a major step in its push for autonomous rides.
JPMorgan is feeling optimistic, bumping its price target for Uber to $105.

Uber is aiming for strong growth powered by AI

If this self-driving move pays off, Uber could cut costs and shift faster from just ride-hailing to a broader tech-driven platform.
The company is also aiming for strong growth powered by AI and new revenue streams like ads and subscriptions—giving investors (and anyone watching the future of transport) something to be excited about.