Uber's Real Threat Isn't From Robots -- Heard on the Street -- WSJ
Wells Fargo & Co lowers Uber's target price to $90.
Gelonghui November 5th | Wells Fargo & Co. : Lowered Uber's target price from $97 to $90, maintaining a "shareholding" rating. (Gelong Hui)
RBOB gasoline prices dropped significantly. Uber Technologies (UBER.US) proposed to reduce the basic salary of New York drivers.
The rbob gasoline price has dropped by about 38% from its peak in 2022; uber technologies and driver groups have been lobbying for various rule changes.
Uber Asks NYC Taxi Commission to Lower Minimum Pay Rate to Adjust for Cheaper Gas
Market Chatter: Uber Seeks to Cut New York City Drivers' Base Pay Rate
Street Color: Uber Plans to Lower Minimum Wage of New York City Drivers, Bloomberg Reports