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The rally reflects investor confidence in Uber’s growing role as more than just a ride-hailing company. Uber is evolving into a multi-faceted platform with diverse revenue streams and significant long-term potential.Uber has steadily expanded beyond rides to include food and grocery delivery, as well as advertising. Its growing advertising business, powered by its extensive user data and scale, is starting to show promise. Meanwhile, Uber One, its all-in-one membership program, is helping deepen customer loyalty and drive usage across services, boosting both frequency and retention.Super Micro Computer Just Struck a Deal with Ericsson. Should You Buy SMCI Stock Here?CEO Jensen Huang Just Sold Nvidia Stock. Should You?Broadcom Just Got a New Street-High Price Target. Should You Buy AVGO Stock Here?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!Notably, Uber is also positioning itself at the forefront of the autonomous vehicle (AV) revolution. With around 170 million monthly active platform consumers (MAPCs), Uber holds a significant advantage. It can serve as a key demand aggregator for AV manufacturers and is quickly becoming the go-to marketplace where AV supply meets rider demand.www.barchart.comThe company’s high utilization network makes it an attractive partner for AV firms looking to maximize efficiency and occupancy. Furthermore, Uber has been rapidly expanding its AV footprint. It’s now running at a pace of 1.5 million autonomous Mobility and Delivery trips annually across its platform. In March, Uber launched an exclusive partnership with Waymo in Austin, with Atlanta recently added to the list. More expansion is underway, with plans to scale to hundreds of AVs in Austin alone.Strategically, Uber isn’t betting on just one AV partner. It is building a global AV ecosystem. The company has struck 18 partnerships worldwide. In the U.S., Uber is working with Volkswagen (VWAGY) to bring fully autonomous vehicles onto its platform. Internationally, it has expanded its relationship with WeRide (WRD) to cover 15 new cities over the next five years and is preparing for a European rollout with its new partner, Momenta, early next year.Uber is also making headway in autonomous delivery. Through partnerships with Coco, Serve (SERV), and Avride, it’s rolling out self-driving delivery services in cities like Chicago, Miami, Dallas, and Jersey City.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,200.25 +5.25 (+0.08%)Dow Futures43,789.00 +71.00 (+0.16%)Nasdaq Futures22,689.50 +20.25 (+0.09%)Russell 2000 Futures2,188.50 +0.90 (+0.04%)VIX16.59 -0.17 (-1.01%)Gold3,331.50 -16.50 (-0.49%)PortfolioSign in to access your portfolioSign inTop gainersQS QuantumScape Corporation 7.65 +1.98 (+34.92%)CORZ Core Scientific, Inc. 16.36 +4.06 (+33.01%)HSAI Hesai Group 23.10 +3.73 (+19.26%)AVAV AeroVironment, Inc. 272.37 +37.43 (+15.93%)ENPH Enphase Energy, Inc. 43.00 +4.89 (+12.83%)Top losersEQIX Equinix, Inc. 745.53 -78.78 (-9.56%)XPEV XPeng Inc. 17.95 -1.25 (-6.51%)VSEC VSE Corporation 127.73 -8.11 (-5.97%)ETSY Etsy, Inc. 50.63 -2.42 (-4.56%)RELY Remitly Global, Inc. 18.79 -0.82 (-4.18%)Most activeQS QuantumScape Corporation 7.65 +1.98 (+34.92%)NVDA NVIDIA Corporation 155.02 +0.71 (+0.46%)LCID Lucid Group, Inc. 2.2000 +0.0600 (+2.80%)NU Nu Holdings Ltd. 13.39 +0.16 (+1.21%)CORZ Core Scientific, Inc. 16.36 +4.06 (+33.01%)Earnings eventsTrending tickersNKE NIKE, Inc. 62.54 +1.71 (+2.81%)CYN Cyngn Inc. 13.60 +8.59 (+171.46%)CORZ Core Scientific, Inc. 16.36 +4.06 (+33.01%)RKLB Rocket Lab Corporation 36.14 +3.79 (+11.72%)1810.HK XIAOMI-W 59.650 +2.750 (+4.83%)Top economic events