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Uber Technologies (NYSE:UBER) Chief Legal Officer and Corporate Secretary Tony West sold 3,125 shares of common stock on September 18, 2025, at a price of $93.94, totaling $293,562. The sale comes as Uber’s stock trades near $94.70, having surged 57% year-to-date and approaching its 52-week high of $99.70. The transaction was executed under Mr. West’s existing Rule 10b5-1 plan.
On the same day, West also exercised restricted stock units converting into common stock on a one-for-one basis. These transactions included the conversion of 1,282 shares, 1,493 shares, 2,911 shares, and 3,073 shares.
Additionally, on September 16, 2025, a total of 4,345 shares were withheld to cover tax liabilities upon the vesting of restricted stock units at a price of $97.83, amounting to $425,071.
In other recent news, Uber Technologies announced a strategic partnership with Flytrex, marking its first venture into autonomous aerial logistics. This collaboration aims to integrate Flytrex’s drone delivery system with Uber’s platform, with pilot programs expected to begin for Uber Eats in select U.S. markets by the end of 2025. Additionally, Uber has partnered with Designer Brands, allowing nearly 500 DSW stores to offer footwear and accessories through the Uber Eats platform across the contiguous United States. In another development, Uber, along with Lyft, faces potential competition after Waymo received permission to begin autonomous vehicle operations at San Francisco International Airport. This could impact Uber’s airport business, a significant revenue source. Meanwhile, Uber is facing a lawsuit from the U.S. government, alleging discrimination against passengers with disabilities. Furthermore, Uber Eats has partnered with fintech company Pipe to offer working capital to U.S. restaurants through the Uber Eats Manager platform. These recent developments highlight Uber’s strategic moves and challenges in various sectors.
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