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Uber Stock Slips Amid AV Labs Launch and Robotaxi Uncertainty

Uber Stock Slips Amid AV Labs Launch and Robotaxi Uncertainty

Author:

Global Cryptocurrency

Published:

2026-01-28 08:45:02

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BTCCSquare news:

Uber Technologies' shares dipped 0.9% to $81.24 as markets weighed the implications of its new AV Labs division against looming regulatory pressures. The autonomous vehicle initiative aims to leverage Uber's vast trip data to accelerate self-driving development, but analysts caution that rapid robotaxi adoption could disrupt its Core ride-hailing economics.

Legal shifts in Europe and New York City add complexity. While AV Labs represents long-term innovation, near-term investor focus remains on February 4 earnings and gig worker classification risks. The stock's decline reflects broader tensions between tech disruption and incumbent transport models.

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