Uber owes $40M to family of woman killed after freeway roadside dropoff

Uber (UBER) could benefit from falling robotaxi costs, making driverless rides more competitive, according to BNP Paribas. Analyst Nick Jones forecasts Uber's stock to reach $106, a 56% upside from its Sept. 28 price. Robotaxi costs could drop to 42 cents per mile, compared to $1 per mile for human-driven rides. Waymo's Zeekr platform and Tesla's Cybercab aim to reduce vehicle build costs.

Uber has exited Nigeria and Uganda, ending a 12-year presence. The company cited strategic investment focus, though third-party data suggests financial losses due to low fares, high costs, and competition. Uber denies regulatory disputes or economic pressures influenced the decision. Drivers were offered a one-off payment. Uber remains committed to other sub-Saharan African markets.

Uber (UBER) shares fell 1.7% last week, trading near $70, 31% below its 52-week high. The company launched a $14.8 billion tender offer for Delivery Hero, pending shareholder and regulatory approval. Uber's Q2 gross bookings grew 22%, but Q3 profit outlook was slightly below estimates. Analysts' target price for UBER is $76, implying 9.8% upside over 2.3 years. CEO Dara Khosrowshahi bought 141,000 shares, signaling confidence.

Analysts upgraded IBM and Uber, citing improved growth and valuation, while downgrading Apple and Harley-Davidson. The changes reflect revised expectations for these companies.

Uber Freight plans to expand its 4PL operations in Europe with a new hub in Krakow, Poland, set to open in 2027. The company is investing in product development and customer operations, focusing on chemicals. OXEA selected Uber Freight for global transportation management. Uber Freight doubled new 4PL deals in Europe in 2025 and appointed Mike Doucleff as head of Europe.

Uber was ordered to pay $40 million to a family after their daughter, Emily Normandin-Parker, was killed following being kicked out of an Uber car on a freeway. The driver, Vu Tran, argued he was an independent contractor, but the judge ruled Uber was responsible. Uber disputes the decision, stating they believe the arbitrator was wrong. The family rejected an earlier $20 million settlement offer, saying it was never about money.