Mon May 05 14:10:00 UTC 2025: ## Uber Stock Soars 11.2% in April Despite Market Volatility

**NEW YORK, May 7** – Uber Technologies (NYSE: UBER) significantly outperformed the market in April, seeing its stock price jump 11.2%, compared to a 0.7% decline in the S&P 500. This surge comes despite April’s market volatility, fueled by the Liberation Day tariff announcements and recessionary fears.

Several factors contributed to Uber’s strong performance. The company announced key partnerships in the autonomous driving sector, including an exclusive deal with Volkswagen to deploy autonomous Buzz ID minivans on the Uber app in Los Angeles starting in 2026. This follows the successful launch of Waymo’s autonomous ride-hailing service in Austin, Texas, exclusively through the Uber app, showcasing the growing demand for such partnerships. Early data suggests Waymo’s Austin adoption rate is double that of its San Francisco launch.

Furthermore, Uber CEO Dara Khosrowshahi stated that the company has not yet experienced any negative economic impacts from the tariffs or recessionary concerns. He even suggested that Uber might be relatively recession-resistant, as lower labor costs and prices in a downturn could stimulate demand.

Despite this positive performance, The Motley Fool’s Stock Advisor team, which boasts a 906% average return compared to the S&P 500’s 164%, did not include Uber among its top 10 stock picks for investors. Investors are awaiting Uber’s earnings release on May 7 for further insights into the company’s financial performance.

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