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Stock impact report

Serve Robotics Rises 55% Year to Date: Is SERV Stock a Buy? [Yahoo! Finance]

Serve Robotics Inc. (SERV) 
Last serve robotics inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.servicemaster.com
Company Research Source: Yahoo! Finance
In This Article SERV UBER Serve Robotics SERV shares have surged 54.5% year to date, outperforming the Zacks Computer & Technology sector's appreciation of 1.3% and the Zacks IT Services industry's return of 2.1%. Shares of this AI-powered last-mile robot delivery service provider's long-term prospects ride on growing demand for food and other items on partner platforms that include Uber Eats and 7-Eleven. The company, which was spun off from Uber Technologies in 2021, counts NVIDIA NVDA, Uber, 7-Ventures and Delivery Hero's corporate venture units as its strategic investors. Serve Robotics' expanding partner base, which includes Shake Shack SHAK, Ouster OUST, Wing Aviation and Magna, is noteworthy. SERV's expanding robotics offering is expected to improve its competitive position in the last-mile delivery space currently dominated by the likes of DoorDash and Amazon. The acquisition of Vebu assets is expected to strengthen SERV's footprint in the restaurant industry. In Show less Read more
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