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Uber is stronger than ever, but there's a threat on the horizon.
Uber (UBER -0.38%) seems to have won the ride-sharing battle, and that will be good for the company's margins in the future. But there's one reason to worry, and Travis Hoium covers that in this video.
*Stock prices used were end-of-day prices of July 18, 2023. The video was published on July 19, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and General Motors. The Motley Fool has positions in and recommends Alphabet and Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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