1). That SoFi CEO loaded up on his company's stock is a good sign, indeed. Dara Khosrowshahi also bought 200k shares of Uber about a year ago, look how it's done since then.
2). Speaking of Uber, I'm pleased you mentioned Aurora. Autonomous driving should be Uber's greatest strength.
I've been holding Uber for a few years. The company is just everywhere. It helps to see their ads in the city and in airports.
There are two minor things I find concerning:
1). Uber's investments in similar companies in Asia aren't faring well.
2). Uber announced $7b buybacks in Feb '24. I mean, if it's a growth stock, why the buybacks? Grow organically, reinvest your profits. It almost sounds like Uber's growth story is over.
I don't think it is but don't understand the reason for buybacks.
Great thoughts here, Oliver. Two comments:
1). That SoFi CEO loaded up on his company's stock is a good sign, indeed. Dara Khosrowshahi also bought 200k shares of Uber about a year ago, look how it's done since then.
2). Speaking of Uber, I'm pleased you mentioned Aurora. Autonomous driving should be Uber's greatest strength.
Thanks Denis. Appreciate your comment mate!!
Are you buyers of either?
I've been holding Uber for a few years. The company is just everywhere. It helps to see their ads in the city and in airports.
There are two minor things I find concerning:
1). Uber's investments in similar companies in Asia aren't faring well.
2). Uber announced $7b buybacks in Feb '24. I mean, if it's a growth stock, why the buybacks? Grow organically, reinvest your profits. It almost sounds like Uber's growth story is over.
I don't think it is but don't understand the reason for buybacks.