Once Uber anounces a solid plan for driverless trips the stock will soar like crazy
@sumgi1537Ай бұрын
100% imo theyre seeing the competitor fail and learn from their mistakes. once they copy their business plan and come out with their own they will skyrocket as u said
@ilmagodiloz20 күн бұрын
I'm really curious about what their strategy is. Partnerships? What will stop Waymo and other competitors to leverage Uber for now and then jump ship when they scale? Any other options beyond partnerships? Do they have the power/time to invest in their own fleet of self-driving cars?
@CancelIFR11 күн бұрын
@@ilmagodiloz network effects are Uber's biggest moat. If every AV company has a separate app, they will all have long wait times. With Uber, the combined network of all of them provides for a better user experience. Waymo currently does 150k rides per week, while Uber does 28 million in a day. Even if Waymo just tries to cover certain markets, it will be hard for them to have enough cars to compete. It makes more sense to partner with Uber. The problem is that an AI agent also solves this problem. "Hey Siri, book me a ride" would eliminate this issue.
@chuopskivlogАй бұрын
Uber is at point of creating strong networking effect, if their ads will be at least half as effective as google ad sense (I've came across revenue 60$ per user per year) then we're talking about 4.5bln$ of basically clear profit per year (150mln users) We have to remember though that total retained earnings for uber is -27.6bln$ so they have plenty of money to earn to be called a profitable business
@TheRealMissingLinkАй бұрын
Do you ever do technical analysis for price levels/trends? I never see them in your videos.
@nazruluxdАй бұрын
😂in stock market technical analyses is bullshits
@pedroaristizabal8873 күн бұрын
Hello. Why is the PV of the cash flow in 2024 (6.4B) 84B?
@StockDylan11Ай бұрын
Great video @ Parkev!
@parkevtatevosiancfa9544Ай бұрын
Glad you liked it!
@wulfem29 күн бұрын
Nice additional 5% drop :D
@noideatooАй бұрын
Great work Prof! this drop was golden opportunity to add if you believe in Uber, and I do! Uber is so popular, its a force, and self-driving car will come to its platform for sure!
@darrenhere5856Ай бұрын
these 'disruption' narratives have hit before and check out what happens shortly after..
@Ocas30215Ай бұрын
Just wanted to put RCAT on your radar.
@darrenhere5856Ай бұрын
its a very good buying opportunity. i like lyft too, but in a segment with perceived competitive threats, i only want to own the biggest.
@b-rare27 күн бұрын
It could be a horrible purchase as well. It depends on how they adapt with the times I feel they’re behind . Could be a niche company here and gone within a short time . They will still have the food delivery
@himanshujoshi6475Ай бұрын
Please make a video on Soundhound AI
@jimmylingjiengming9415Ай бұрын
Great analysis 👍
@parkevtatevosiancfa9544Ай бұрын
Thanks!
@chanchalagaigawali1108Ай бұрын
Thank you sir 🙏
@parkevtatevosiancfa9544Ай бұрын
Most welcome
@madelinvazquez6603Ай бұрын
Thank you, great review. Please make an update video on MNDY. Do you still consider it a good buy?
@rickvalmer9306Ай бұрын
Thank you professor!
@parkevtatevosiancfa9544Ай бұрын
You are welcome!
@Lachance101Ай бұрын
Thank you!
@parkevtatevosiancfa9544Ай бұрын
Welcome!
@Alx_TSАй бұрын
Is it possible Uber to create partnership with Tesla robotaxi?
@parkevtatevosiancfa9544Ай бұрын
Yes.
@wulfem29 күн бұрын
Possible? Yes. Probably? No
@CancelIFR11 күн бұрын
@@wulfem I wouldn't be so sure. Tesla might not want to be in the business of dealing with all of the issues and headaches that come with operating a taxi company. If they feel Uber is offering them a fair price, then it might make sense for them to partner for their network. It's similar to large businesses partnering with AWS instead of building out their own datacenters.
@KingJaffeJoeАй бұрын
By far the most frustrating stock in my portfolio I had to cut it off in a bull market for not performing
@ForeignhustleclubАй бұрын
Awesome!!!
@parkevtatevosiancfa9544Ай бұрын
Thank you! Cheers!
@Thisisrance2 күн бұрын
Aaaand boom. They strike an AI deal with NVDA. Stock is about to make a run
@joyz2002Ай бұрын
Thank you Proffy! Uber VS Grab?
@tennotensei8630Ай бұрын
Great Recommendation
@uropyАй бұрын
Top line growth on par. Uber is globally dominant. Grab is SEA dominant. Uber already profitable. Grab not yet. Uber PS ratio half of that of Grab. It’s no brainer
@GReid-ol5gkАй бұрын
Yes it is!
@b-rare27 күн бұрын
I had to already pause because you said full self driving good be good for Uber they can license it and use it…. But I don’t see that as good because they’d now have to spend money on fleets of cars whereas their current drivers bring their own car . Self driving isn’t going to replace uber or people there is still going to be people driving along side self driving vehicles . The self driving robot taxi is going to generate the most profit so over time uber will fail unless they come up with a plan to release their own fleet of cars and again that’s another expensive task and it’s new for them lots to learn , problems will arise, they’ll probably just buy robo taxis and put uber stickers on them. Thinking long on uber , their model will be dead within the next 10 years and they’ll have to have fleets of cars and then they have to lease land / storage for the cars , clean and maintain , it’s another business . They’re probably done. I feel like Tesla would destroy this sector cause they have economies of scale they can blast these cars out for cheap . Can’t compete with that and they also own the self driving technology. Sad part is uber provided good extra income for people. They might only have the food delivery after .
@hrhamada198228 күн бұрын
Personally, I don't think it is undervalued, however with the recent exit of GM Cruise from the market, and the tremendous backlash against Elon (and it will get worse), it think it has a chance now
@WrathChild-NZАй бұрын
I wouldnt bet on it. Once tesla robotaxis come out no one would want to use uber anymore
@sumgi1537Ай бұрын
not true. if uber competes, their price will skyrocket. Uber. is already a trustworthy brand. its not like its some brand new company... Waymo cars are being vandalized in my area. imo i think uber is waiting and seeing how the markket responds to the driverless cars.. i think in 5 years or more it may be more common, not now tho..
@wulfem29 күн бұрын
The stockmarket is not about now, but the future. Thats the reason Uber is crashing so hard. And will drop even more.
@BullRunBytes28 күн бұрын
As a customer, I would never use autonomous robotaxi, prefer to uber if I had the choice, despite price differences.. don’t trust it. And it will take at least a decade at least to change the majority of people’s habits.
@WrathChild-NZ28 күн бұрын
@@BullRunBytes I would see the data first, and if it's proven to be as safe or safer than human, I'll take it. I often don't trust human drivers. Especially at 3am I don't know if the driver has taken proper sleep or not
@pedromontoya4198Ай бұрын
Fantastic! Keep up the great work Parkev! BAH, CCI, DUOT, HIVE?
@Tyler-pv1ydАй бұрын
Hit $179k today, Thanks for the knowledge and nugget you have thrown my way over the last month .
@williams-r6pАй бұрын
I would really love to know how much work you did put in to get to this stage.
@Tyler-pv1ydАй бұрын
I got Mary Macdonald recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.
@Donald-wf2thАй бұрын
Please, how do I reach with Mary mcDonald? I would appreciate if you show me how to go about it
@GustavoZuleta-gv1yjАй бұрын
Please, how do I reach with Mary mcDonald? I would appreciate if you show me how to go about it