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The billionaire activist investor and CEO of Pershing Square Holdings revealed Friday that his firm has built a significant position in the rideshare giant, causing the stock to jump nearly 7%.In a post on X, Ackman said Pershing Square owns 30.3 million Uber shares, worth about $2.3 billion based on the current stock price of roughly $75, which the firm began acquiring in early January. He also said that he has been a long-term customer and admirer of the company since actor Edward Norton introduced him to the app in its early days, prompting Ackman to become a “day-one investor” through a venture fund.Now, Ackman believes the company’s stock is available on the cheap. Uber shares gained just 3% in 2024, trailing the S&P’s 25% gain, amid worries about the threat of autonomous vehicles as Waymo and Tesla rush to develop robotaxi fleets. Over the last two years, however, Uber and Waymo have announced partnerships to bring driverless rideshar","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"f3d98984dcdaa9ee2306099495d47d8e","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/uber-stock-jumps-7-bill-211552020.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","PSHZF","UBER","LU1988902786.USD","SG9999014880.SGD","LU0642271901.SGD","SG9999015978.USD","LU0719512351.SGD","BK4536","SG9999017495.SGD","IE00B7SZLL34.SGD","BK4550","LU1861214812.USD","LU2087625088.SGD","LU1316542783.SGD","LU2360107325.USD","LU0006306889.USD","LU0353189680.USD","SG9999014906.USD","LU0082616367.USD","BK4551","SG9999015945.SGD","BK4022","BK4505","IE0002270589.USD","LU0353189763.USD","LU1064131342.USD","SGXZ31699556.SGD","BK4503","IE00BZ199S13.USD","LU1983260115.SGD","GB00BDT5M118.USD","BK4230","LU1814569148.SGD","LU2264538146.SGD","IE00B19Z3B42.SGD","SG9999014914.USD","SG9999018865.SGD","SG9999014898.SGD","LU0106261372.USD","LU1861219969.SGD","BK4588","SG9999015952.SGD","SG9999018857.SGD","LU0127658192.USD","SG9999015986.USD","BK4535","IE00B19Z3581.USD"],"gpt_icon":1},{"id":"2509779570","title":"Sector Update: Consumer Stocks Retreat Late Afternoon","url":"https://stock-news.laohu8.com/highlight/detail?id=2509779570","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509779570?lang=en_us&edition=fundamental","pubTime":"2025-02-08 04:53","pubTimestamp":1738961624,"startTime":"0","endTime":"0","summary":"Consumer stocks dropped late Friday afternoon with the Consumer Staples Select Sector SPDR Fund  easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund  falling 1.9%.In corporate news, Denny's  shares gained 6.5% after Wedbush upgraded the company's stock to outperform from neutral and raised its price target to $10 from $6.Newell Brands'  Q4 earnings came in ahead of Wall Street estimates, but revenue missed estimates, while the company issued a surprise loss outlook for the ongoing three-month period. The shares fell 26%.Bill Ackman said Pershing Square started acquiring a position in Uber  in early January and owns 30.3 million shares, Bloomberg reported. Uber shares jumped past 6%.E.l.f. Beauty  shares sank 19% following its fiscal Q3 results and guidance in the previous day. Morgan Stanley and DA Davidson downgraded the stock after the results while others, including Deutsche Bank and B. Riley, cut their price targets.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0314104364.USD","LU2111349929.HKD","ELF","DENN","LU1983260115.SGD","LU2089284900.SGD","LU1162221912.USD","NWL.AU","LU0795875086.SGD","BK4535","LU2264538146.SGD","BK4585","LU0158827948.USD","LU1732800096.USD","LU1988902786.USD","LU1074936037.SGD","IE00BZ1G4Q59.USD","BK4516","LU1242518857.USD","SG9999015978.USD","NWL","LU1861214812.USD","BK4183","LU1861219969.SGD","SG9999018865.SGD","BK4581","LU0106261372.USD","XLY","LU0267386448.USD","LU1548497426.USD","BK4127","LU0971096721.USD","LU0082616367.USD","BK4505","LU0719512351.SGD","UBER","LU2023251221.USD","LU0566484027.USD","LU1559883803.SGD","BK4504","LU2028103732.USD","SG9999014914.USD","LU0979878070.USD","LU2087625088.SGD","IE0002270589.USD","XLP","LU2357305700.SGD","SG9999014880.SGD","BK4536","SG9999014898.SGD"],"gpt_icon":1},{"id":"2509778397","title":"3 Relative Strength Stocks to Buy Now: IREN, SERV, FUTU","url":"https://stock-news.laohu8.com/highlight/detail?id=2509778397","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509778397?lang=en_us&edition=fundamental","pubTime":"2025-02-08 04:53","pubTimestamp":1738961580,"startTime":"0","endTime":"0","summary":"Relative strength, or RS, is the most powerful indicator I have studied throughout my investing career. Not to be confused with the Relative Strength Index , raw relative strength  is a price-based analysis used by market technicians and traders to evaluate a stock’s price performance versus the performance of a benchmark such as the S&P 500 Index, an industry group, or an underlying commodity.RS is best taught through metaphor. Imagine two groups of swimmers – one group is swimming with the tide of the ocean, and another against it. All else being equal, the swimmers swimming with the tide swim faster. However, picture that in the group swimming against the tide is Olympic gold medal record winner Michael Phelps.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/3-relative-strength-stocks-buy-205300488.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4505","LU0757359368.USD","MSFT","BK4579","LU0795875086.SGD","USJW.SI","BK4538","LU2756315664.SGD","FUTU","LU1934455194.USD","LU0985320562.USD","LU1059921491.USD","LU2452424414.USD","LU0203201768.USD","LU2023251221.USD","IE00BBT3K403.USD","SHAK","BK4573","LU0742534661.SGD","LU0861579265.USD","SG9999015945.SGD","IE00BKPKM429.USD","LU1564329032.USD","BK4553","LU2286300806.USD","LU2065171402.SGD","IE00BSNM7G36.USD","BK4533","GOOG","UBER","LU1236620834.HKD","LU0965509010.AUD","LU0683600562.USD","IREN","LU0079474960.USD","LU0456855351.SGD","LU1670627923.USD","LU1267930573.SGD","LU2065170008.USD","IE00B4YYXB79.USD","IE00BJJMRY28.SGD","LU1127390331.HKD","LU0823421333.USD","RSI","IE0004445015.USD","GOOGL","LU1712237335.SGD","SERV","LU0081259029.USD","LU1066051498.USD"],"gpt_icon":1},{"id":"2509677919","title":"Uber (UBER) Shares Skyrocket, What You Need To Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2509677919","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509677919?lang=en_us&edition=fundamental","pubTime":"2025-02-08 04:49","pubTimestamp":1738961387,"startTime":"0","endTime":"0","summary":"Shares of ride sharing and on-demand delivery platform Uber  jumped 9.5% in the afternoon session after famous investor Bill Ackman revealed a 30.3m stake  in the company, valued at roughly $2.3 billion. Ackman, who is the CEO of Pershing Square Capital Management, added that Uber is trading at a \"massive discount\" and can be considered \"one of the best managed and highest quality businesses in the world.\". Ackman said he's not new to Uber, and has been an investor since its early days. He highlighted Uber's early struggles with erratic leadership and praised CEO Dara Khosrowshahi's transformation of the company since 2017. Under Khosrowshahi, he acknowledged that Uber has evolved \"into a highly profitable and cash-generative growth machine.\". Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft  to Alphabet , Coca-Cola  to Monster Beverage  could all have been identified as promising growth stories with a megatrend driving the","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/uber-uber-shares-skyrocket-know-204947805.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0354030438.USD","LU1551013342.USD","SG9999014906.USD","LU2471134796.USD","LU0082616367.USD","LU0708994859.HKD","USJW.SI","LU1066053197.SGD","LU0787776722.HKD","SG9999014559.SGD","LU2360032135.SGD","LU0417517546.SGD","MNST","SG9999014567.USD","LU0162691827.USD","LU0950375773.USD","LU0719512351.SGD","LU0265550946.USD","LU2213496289.HKD","IE00B19Z8X17.USD","LU0894485498.HKD","BK4525","IE00BFSS8Q28.SGD","LU1267930573.SGD","LU1852331112.SGD","LU1989772840.SGD","LU1917777945.USD","LU1037948897.HKD","LU1989773731.SGD","LU0198837287.USD","LU0965509101.SGD","LU2456880835.USD","LU1894683348.USD","LU0795875169.SGD","LU0965508806.USD","LU2125154935.USD","LU0203202063.USD","LU0342679015.USD","LU0426417589.USD","LU0689626769.HKD","UBER","LU0795875086.SGD","LU1066051498.USD","LU1127390331.HKD","LU0823434583.USD","BK4554","LU2764263203.CNY"],"gpt_icon":1},{"id":"2509472078","title":"Wall Street Drops On Tariffs Threat, Dollar Rises, Uber Rockets On Ackman's Tweet: What's Driving Markets Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2509472078","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509472078?lang=en_us&edition=fundamental","pubTime":"2025-02-08 02:27","pubTimestamp":1738952828,"startTime":"0","endTime":"0","summary":"Wall Street slumped into negative territory late in the week as renewed fears over inflation and trade tariffs eroded risk appetite. ","market":"us","thumbnail":"https://www.benzinga.com/files/images/story/2025/02/07/Wall-Street-ai7-1.png","type":0,"news_type":0,"thumbnails":["https://www.benzinga.com/files/images/story/2025/02/07/Wall-Street-ai7-1.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/25/02/43569802/wall-street-drops-on-tariffs-threat-dollar-rises-uber-rockets-on-ackmans-tweet-whats-driving-markets-friday","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"Benzinga","symbols":["LU0345770308.USD","OEX","SDS",".SPX","LU2552382132.HKD","LU1803068979.SGD","LU0345768153.USD","IE0004445239.USD","USAW.SI","DXD","SPXU","DJX","BK4559","LU0823421416.USD","DOG","VOO","IE00B7SZLL34.SGD","LU0957791311.USD","IE00BQXX3D17.EUR","LU0215105999.USD","LU1366333091.USD","BTC.USD.HKCC","LU0056508442.USD","LU2111349929.HKD","LU1868836914.USD","SSO","IVV","IE00B775SV38.USD","OEF","ESmain","LU0096364046.USD","AMZN","UDOW","LU1935042991.SGD","SDOW","LU1804176565.USD","SH",".DJI","LU2361045086.USD","LU0170899867.USD","SPY","LU0158827948.USD","UPRO","LU1153585028.USD","DDM","UBER","SG9999014914.USD","BTC.USD.CC","IE000KEQY171.SGD","FDN"],"gpt_icon":1},{"id":"2509278977","title":"Uber shares jump to three-month high after Bill Ackman builds stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2509278977","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509278977?lang=en_us&edition=fundamental","pubTime":"2025-02-08 02:26","pubTimestamp":1738952787,"startTime":"0","endTime":"0","summary":"Uber shares jump to three-month high after Bill Ackman builds stakeBy Chibuike Oguh NEW YORK, Feb 7 (Reuters) - Shares of Uber Technologies UBER.N jumped to a three-month high on Friday after billiona","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"f3d98984dcdaa9ee2306099495d47d8e","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250207:nL1N3OY0W7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BZ199S13.USD","GB00BDT5M118.USD","LU0082616367.USD","LU0127658192.USD","BK4503","BK4550","LU2264538146.SGD","SG9999015952.SGD","SG9999015978.USD","SG9999017495.SGD","IE00B19Z3B42.SGD","SG9999014906.USD","IE0002270589.USD","BK4022","IE00B7SZLL34.SGD","LU1983260115.SGD","LU1861219969.SGD","LU1064131342.USD","LU2087625088.SGD","LU0719512351.SGD","BK4551","BK4505","SG9999014880.SGD","SG9999018865.SGD","SG9999015945.SGD","SG9999014914.USD","SGXZ31699556.SGD","SG9999018857.SGD","IE00B19Z3581.USD","LU1988902786.USD","LU0106261372.USD","LU2360107325.USD","BK4536","LU1861214812.USD","LU1316542783.SGD","LU1814569148.SGD","SG9999015986.USD","LU0642271901.SGD","BK4230","SG9999014898.SGD","UBER","LU0006306889.USD","BK4585","BK4588","BK4535","LU0353189763.USD","LU0353189680.USD"],"gpt_icon":1},{"id":"2509727519","title":"Market Embraces Ackman's Stake in Uber, Making Both Parties Richer -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2509727519","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509727519?lang=en_us&edition=fundamental","pubTime":"2025-02-08 02:22","pubTimestamp":1738952520,"startTime":"0","endTime":"0","summary":"The market is embracing Bill Ackman's acquired stake in Uber Technologies through Pershing Square, driving gains for both the billionaire's investment fund and the ride-sharing app. Shares of the San Francisco-based company are currently trading up around 9.2% at $76.45, making Ackman's 30.3-million-share position worth $2.32 billion. The executive believes Uber is highly undervalued and says it will share more about its plans for the company shortly. \"We believe that Uber is one of the best managed and highest quality businesses in the world. Remarkably, it can still be purchased at a massive discount to its intrinsic value,\" he said in a post on X.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1861219969.SGD","IE00B19Z3581.USD","LU1988902786.USD","BK4535","LU0106261372.USD","BK4588","BK4536","SG9999014914.USD","BK4551","SG9999015952.SGD","IE00B7SZLL34.SGD","LU1983260115.SGD","LU1316542783.SGD","LU1861214812.USD","SG9999014898.SGD","SG9999015978.USD","IE0002270589.USD","BK4022","SG9999018857.SGD","BK4503","LU2264538146.SGD","BK4585","LU0127658192.USD","SG9999014880.SGD","LU0006306889.USD","SG9999018865.SGD","SG9999015986.USD","UBER","LU0082616367.USD","LU1064131342.USD","SGXZ31699556.SGD","SG9999015945.SGD","LU2087625088.SGD","LU0719512351.SGD","IE00B19Z3B42.SGD","BK4505","SG9999017495.SGD","LU0353189680.USD","BK4230","BK4550","IE00BZ199S13.USD","LU0353189763.USD","LU1814569148.SGD","SG9999014906.USD","GB00BDT5M118.USD","LU2360107325.USD","LU0642271901.SGD"],"gpt_icon":1},{"id":"2509279337","title":"Shares of Uber Surge After Billionaire Investor Bill Ackman Reveals Massive Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=2509279337","media":"Motley Fool","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509279337?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:32","pubTimestamp":1738949520,"startTime":"0","endTime":"0","summary":"Bill Ackman just revealed that his fund has been acquiring tens of millions of shares of Uber since early January.Ackman called Uber one of the \"highest-quality businesses in the world.\"","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"f3d98984dcdaa9ee2306099495d47d8e","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2025/02/07/shares-of-uber-surge-after-billionaire-investor-bi/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["SG9999014906.USD","LU0006306889.USD","LU1983260115.SGD","BK4230","LU0353189763.USD","BK4535","LU2264538146.SGD","BK4585","LU1988902786.USD","SGXZ31699556.SGD","LU1316542783.SGD","SG9999018857.SGD","SG9999014880.SGD","IE00B19Z3581.USD","SG9999015978.USD","LU1814569148.SGD","SG9999015952.SGD","LU1064131342.USD","LU1861214812.USD","BK4503","SG9999017495.SGD","LU1861219969.SGD","SG9999018865.SGD","LU0106261372.USD","SG9999015986.USD","IE00BZ199S13.USD","BK4550","LU2360107325.USD","LU0082616367.USD","BK4505","LU0719512351.SGD","UBER","GB00BDT5M118.USD","BK4022","LU0127658192.USD","IE00B7SZLL34.SGD","BK4588","SG9999014914.USD","BK4551","LU2087625088.SGD","IE0002270589.USD","LU0353189680.USD","SG9999015945.SGD","IE00B19Z3B42.SGD","LU0642271901.SGD","BK4536","SG9999014898.SGD"],"gpt_icon":1},{"id":"2509875724","title":"Uber Stock Surges as Ackman's Pershing Square Builds Position in Ride-Hailing Company -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2509875724","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509875724?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:31","pubTimestamp":1738949460,"startTime":"0","endTime":"0","summary":"Uber Technologies stock is trading at a \"massive discount,\" Bill Ackman said Friday as he revealed that his hedge fund had established a significant stake in the ride-hailing company.In a post on X, the CEO of Pershing Square Capital Management said his hedge fund began buying stock of Uber in January and accumulated a total of 30.3 million shares.Uber stock jumped 8.3% to $75.76 on Friday. Based on current levels, Pershing Square's stake would be worth around $2.3 billion.Ackman described Uber as \"one of the best managed and highest quality businesses in the world,\" arguing that its stock could be purchased at a lofty discount to its intrinsic value. \"This favorable combination of attributes is extremely rare, particularly for a large cap company,\" he wrote.This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","UBER","LU1988902786.USD","SG9999014880.SGD","LU0642271901.SGD","SG9999015978.USD","LU0719512351.SGD","BK4536","SG9999017495.SGD","IE00B7SZLL34.SGD","BK4550","LU1861214812.USD","LU2087625088.SGD","LU1316542783.SGD","LU2360107325.USD","LU0006306889.USD","LU0353189680.USD","SG9999014906.USD","LU0082616367.USD","BK4551","SG9999015945.SGD","BK4022","BK4505","IE0002270589.USD","LU0353189763.USD","LU1064131342.USD","PGLC","SGXZ31699556.SGD","BK4503","IE00BZ199S13.USD","LU1983260115.SGD","GB00BDT5M118.USD","BK4230","LU1814569148.SGD","LU2264538146.SGD","IE00B19Z3B42.SGD","SG9999014914.USD","SG9999018865.SGD","SG9999014898.SGD","LU0106261372.USD","LU1861219969.SGD","BK4588","SG9999015952.SGD","SG9999018857.SGD","LU0127658192.USD","SG9999015986.USD","BK4535","IE00B19Z3581.USD"],"gpt_icon":1},{"id":"2509578724","title":"Bill Ackman's Pershing Square Builds $2.3 Billion Stake in Uber -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2509578724","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509578724?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:28","pubTimestamp":1738949280,"startTime":"0","endTime":"0","summary":"Bill Ackman has amassed a roughly $2.3 billion stake in Uber, saying in a post on X that the ride-hailing company's stock is undervalued.Ackman said on Friday in the post that his Pershing Square investment fund began acquiring a position in Uber in early January and now owns 30.3 million shares. That would give him a 1.4% ownership stake in Uber, becoming the 12th-largest shareholder in the San Francisco-based company, according to FactSet.\"We believe that Uber is one of the best managed and highest quality businesses in the world,\" Ackman said. \"Remarkably, it can still be purchased at a massive discount to its intrinsic value,\" he added.The billionaire investor praised the management of Uber Chief Executive Dara Khosrowshahi, noting that under his tenure the company has become highly profitable and is generating a ton of cash.Uber shares were recently trading at 8.4% at $75.75. The stock was trading at $75.08 before Ackman made the announcement. Shares of competitor Lyft are up abou","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"f3d98984dcdaa9ee2306099495d47d8e","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4585","UBER","LU1988902786.USD","SG9999014880.SGD","LU0642271901.SGD","SG9999015978.USD","LYFT","LU0719512351.SGD","BK4536","SG9999017495.SGD","IE00B7SZLL34.SGD","BK4550","LU1861214812.USD","LU2087625088.SGD","LU1316542783.SGD","LU2360107325.USD","LU0006306889.USD","LU0353189680.USD","SG9999014906.USD","LU0082616367.USD","BK4551","SG9999015945.SGD","BK4022","BK4505","IE0002270589.USD","LU0353189763.USD","LU1064131342.USD","PGLC","SGXZ31699556.SGD","BK4503","IE00BZ199S13.USD","LU1983260115.SGD","GB00BDT5M118.USD","BK4230","LU1814569148.SGD","LU2264538146.SGD","IE00B19Z3B42.SGD","SG9999014914.USD","BK4548","SG9999018865.SGD","SG9999014898.SGD","LU0106261372.USD","LU1861219969.SGD","BK4588","SG9999015952.SGD","SG9999018857.SGD","LU0127658192.USD","SG9999015986.USD","BK4535","IE00B19Z3581.USD"],"gpt_icon":1},{"id":"2509721885","title":"UBER’s High-Revving Q4 Results Corroborate Bullish Breakout Theory","url":"https://stock-news.laohu8.com/highlight/detail?id=2509721885","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509721885?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:06","pubTimestamp":1738947977,"startTime":"0","endTime":"0","summary":"The past 12 months have been a testing time for Uber Technologies ($UBER), as well as its shareholders. The stock has lagged behind the overall mar...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/ubers-high-revving-q4-results-corroborate-bullish-breakout-theory?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/ubers-high-revving-q4-results-corroborate-bullish-breakout-theory?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4505","BK4022","LU1983260115.SGD","LU2264538146.SGD","SG9999018865.SGD","IE00BZ199S13.USD","SG9999018857.SGD","SG9999014906.USD","SG9999015978.USD","LU0719512351.SGD","SG9999014898.SGD","SG9999014914.USD","LU1861219969.SGD","LU2360107325.USD","LU0353189680.USD","SG9999017495.SGD","BK4585","IE00B19Z3B42.SGD","LU1861214812.USD","SGXZ31699556.SGD","LU0642271901.SGD","LU1814569148.SGD","LU0127658192.USD","IE0002270589.USD","LU1064131342.USD","SG9999015986.USD","LU0106261372.USD","LU1316542783.SGD","BK4535","IE00B7SZLL34.SGD","IE00B19Z3581.USD","BK4230","SG9999015945.SGD","SG9999014880.SGD","LU2087625088.SGD","LU0082616367.USD","SG9999015952.SGD","GB00BDT5M118.USD","BK4536","LU0353189763.USD","UBER","LU0006306889.USD","BK4503","LU1988902786.USD","BK4551","BK4588","BK4550"],"gpt_icon":0},{"id":"2509729531","title":"BUZZ-Uber at three-month highs after Bill Ackman builds stake in company","url":"https://stock-news.laohu8.com/highlight/detail?id=2509729531","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509729531?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:04","pubTimestamp":1738947840,"startTime":"0","endTime":"0","summary":"BUZZ-Uber at three-month highs after Bill Ackman builds stake in company ** Shares of ride-hailing platform Uber Technologies UBER.N rise 7.8% to $75.3, hitting their highest in three months ** Billionaire investor Bill Ackman says in a post on social media platform X that beginning early January he began acquiring a stake in UBER and currently owns 30.3 million shares** \"While a great business, Uber suffered from erratic management\" - Ackman ** Earlier this week, UBER forecast Q1 bookings below estimates and reported a profit miss in the October-December period** UBER has a market capitalization of over $147 billion as of the last close ** Including session gains, UBER up close to 25% so far this year   ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250207:nL4N3OY1K4:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BZ199S13.USD","GB00BDT5M118.USD","LU0082616367.USD","LU0127658192.USD","BK4503","BK4550","LU2264538146.SGD","SG9999015952.SGD","SG9999015978.USD","SG9999017495.SGD","IE00B19Z3B42.SGD","SG9999014906.USD","IE0002270589.USD","BK4022","IE00B7SZLL34.SGD","LU1983260115.SGD","LU1861219969.SGD","LU1064131342.USD","LU2087625088.SGD","LU0719512351.SGD","BK4551","BK4505","SG9999014880.SGD","SG9999018865.SGD","SG9999015945.SGD","SG9999014914.USD","SGXZ31699556.SGD","SG9999018857.SGD","IE00B19Z3581.USD","LU1988902786.USD","LU0106261372.USD","LU2360107325.USD","BK4536","LU1861214812.USD","LU1316542783.SGD","LU1814569148.SGD","SG9999015986.USD","LU0642271901.SGD","BK4230","SG9999014898.SGD","UBER","LU0006306889.USD","BK4585","BK4588","BK4535","LU0353189763.USD","LU0353189680.USD"],"gpt_icon":1},{"id":"2509729303","title":"Corrected-BILL Ackman: We Own 30.3 Million Shares in Uber - X Post (Corrects Shareholding Figure to Reflect Change in X Post)","url":"https://stock-news.laohu8.com/highlight/detail?id=2509729303","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509729303?lang=en_us&edition=fundamental","pubTime":"2025-02-08 01:02","pubTimestamp":1738947766,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250207:nL8N3OY223:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU0642271901.SGD","SG9999018857.SGD","LU0719512351.SGD","LU2087625088.SGD","BK4230","LU1814569148.SGD","SG9999015978.USD","GB00BDT5M118.USD","LU0082616367.USD","BK4551","LU0353189763.USD","SG9999018865.SGD","LU1988902786.USD","SG9999015945.SGD","SG9999017495.SGD","LU0353189680.USD","BK4535","BK4550","IE00B19Z3581.USD","BK4585","LU0127658192.USD","LU1064131342.USD","SG9999014906.USD","BK4505","SGXZ31699556.SGD","BK4536","IE00B19Z3B42.SGD","LU2264538146.SGD","LU2360107325.USD","LU1316542783.SGD","IE00BZ199S13.USD","SG9999015952.SGD","LU1861219969.SGD","LU1861214812.USD","BK4022","SG9999014880.SGD","LU0006306889.USD","SG9999014914.USD","UBER","IE00B7SZLL34.SGD","BK4588","SG9999014898.SGD","SG9999015986.USD","LU1983260115.SGD","LU0106261372.USD","IE0002270589.USD","BK4503"],"gpt_icon":0},{"id":"2509619729","title":"Bill Ackman's Uber Bet Now Worth $2.5 Billion--Stock Jumps 7.7% as Investors Follow","url":"https://stock-news.laohu8.com/highlight/detail?id=2509619729","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509619729?lang=en_us&edition=fundamental","pubTime":"2025-02-08 00:54","pubTimestamp":1738947254,"startTime":"0","endTime":"0","summary":"Bill Ackman  just made a power movehis hedge fund, Pershing Square, has snapped up 33.3 million shares of Uber Technologies , and the market is loving it. Shares jumped 7.7% at 11.46am, as investors took note of Ackman's endorsement, calling Uber a highly profitable and cash-generative growth machine under CEO Dara Khosrowshahi. Ackman's track record for spotting undervalued winners has Wall Street buzzing, and his belief that Uber is still trading at a massive discount to intrinsic value is fueling fresh optimism.This isn't just a casual betAckman has been watching Uber since the early days and was even a day-one investor through a venture fund. He's seen the company shake off its early chaos and evolve into what he now calls one of the best managed and highest quality businesses in the world. That's a bold statement, but coming from Ackman, it carries weight. Investors know his deep-value plays don't just happen on a whim, and with Uber still flying under the radar in some circles, t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bill-ackmans-uber-bet-now-165414575.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SG9999015952.SGD","LU0642271901.SGD","LU0353189680.USD","SG9999015945.SGD","IE00B19Z3581.USD","LU1983260115.SGD","IE00B19Z3B42.SGD","SG9999018857.SGD","BK4550","SG9999014906.USD","IE00BZ199S13.USD","BK4588","LU0082616367.USD","GB00BDT5M118.USD","LU1064131342.USD","SG9999015986.USD","LU1861214812.USD","BK4535","BK4551","BK4585","LU1988902786.USD","BK4230","LU1316542783.SGD","LU2087625088.SGD","LU2360107325.USD","SG9999017495.SGD","LU0719512351.SGD","ISBC","LU0006306889.USD","LU0353189763.USD","IE0002270589.USD","BK4505","LU0106261372.USD","SG9999014898.SGD","SG9999015978.USD","SG9999018865.SGD","UBER","BK4536","LU1861219969.SGD","SGXZ31699556.SGD","LU2264538146.SGD","LU0127658192.USD","SG9999014914.USD","SG9999014880.SGD","IE00B7SZLL34.SGD","BK4503","LU1814569148.SGD","BK4211","BK4022"],"gpt_icon":1},{"id":"2509672656","title":"Top Midday Stories: Amazon Q1 Revenue Guide Fails to Meet Expectations; SoftBank Set to Unseat Microsoft as OpenAI's Top Backer","url":"https://stock-news.laohu8.com/highlight/detail?id=2509672656","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509672656?lang=en_us&edition=fundamental","pubTime":"2025-02-08 00:40","pubTimestamp":1738946438,"startTime":"0","endTime":"0","summary":"All three major US stock indexes were down in late-morning trading Friday as investors processed the release of January's jobs report earlier in the day that showed below-expected figures.The January ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["SWI","SFTBY","PINS","EMR","MSFT","AMZN","UBER","AZPN"],"gpt_icon":1},{"id":"2509550726","title":"Market Chatter: Ackman Says Pershing Square Owns 30.3 Million Uber Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2509550726","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509550726?lang=en_us&edition=fundamental","pubTime":"2025-02-08 00:40","pubTimestamp":1738946418,"startTime":"0","endTime":"0","summary":"Bill Ackman said Pershing Square started acquiring a position in Uber Technologies  in early January and currently owns 30.3 million shares, Bloomberg reported Friday.\"We believe that Uber is one of the best managed and highest quality businesses in the world,\" Ackman said, according to the report. \"Remarkably, it can still be purchased at a massive discount to its intrinsic value.\"Shares of Uber were up 7.5% around midday.Price: 75.23, Change: +5.24, Percent Change: +7.49","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2264538146.SGD","BK4505","SG9999015986.USD","BK4503","LU0353189680.USD","BK4230","LU1988902786.USD","GB00BDT5M118.USD","LU1861214812.USD","LU2087625088.SGD","SG9999014880.SGD","LU1064131342.USD","IE00B19Z3581.USD","PGLC","LU2360107325.USD","UBER","BK4022","BK4588","BK4585","BK4536","LU1814569148.SGD","LU0082616367.USD","SG9999015945.SGD","SG9999018857.SGD","BK4551","LU0719512351.SGD","SG9999014906.USD","LU0006306889.USD","LU0642271901.SGD","LU1861219969.SGD","SGXZ31699556.SGD","LU1316542783.SGD","SG9999017495.SGD","IE0002270589.USD","IE00B7SZLL34.SGD","SG9999014898.SGD","SG9999014914.USD","LU0127658192.USD","IE00BZ199S13.USD","LU1983260115.SGD","SG9999018865.SGD","BK4550","IE00B19Z3B42.SGD","LU0353189763.USD","LU0106261372.USD","BK4535","SG9999015952.SGD","SG9999015978.USD"],"gpt_icon":1}],"pageSize":16,"totalPage":25,"pageCount":17,"totalSize":400}]}}