In 2020, Uber shifted its focus to autonomous vehicles, partnering with companies like Waymo to offer rider access to robot taxis through the Uber app in cities like Phoenix and Austin. Despite competition from other autonomous vehicle companies, such as Tesla, Uber’s revenue and gross bookings exceeded expectations in the most recent quarter. The company’s future success hinges on its ability to navigate the rapidly evolving driverless taxi market and maintain its position as a key player in the industry.
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2 Growth Stocks With Sky-High Potential to Hold for Decades
Investors seeking long-term growth should consider Intuitive Surgical (NASDAQ: ISRG) and Amazon.com (NASDAQ: AMZN), both of which feature strong, scalable business models with recurring revenue. While neither stock is cheap, their robust growth potential makes them solid buy-and-hold options for the future, emphasizing the importance of quality over entry price. Want More Context? 🔎
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