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None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
Piper Sandler analysts reiterated their Overweight rating on Uber (UBER), raising its price target by $2 per share. This call comes after Uber Freight announced a multi-year deal with self-driving developer Aurora Innovation (AUR). Catalysts Anchors Madison Mills and Seana Smith weigh in on Uber's price movement in the morning session after expanding its autonomous driving partnership with Aurora. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
(Reuters) -A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory. The San Francisco-based 9th U.S. Circuit Court of Appeals said Thomas Liu, a driver who filed the 2020 lawsuit, had not provided any evidence showing that Uber kicked non-white drivers off its app at a higher rate than white drivers with low ratings. Liu's lawyers had argued that statistical evidence backing up their claims would only be available if the case were allowed to proceed to discovery, when plaintiffs can seek documents and testimony from defendants.