Uber, Apple, Meta And More: CNBC's 'Final Trades'

Uber Technologies, Inc. UBER is Altimeter CEO Brad Gerstner‘s stock pick on the latest edition of CNBC's “Halftime Report Final Trades.”

Autonomous driving, Gerstner says, is a tailwind, not a headwind for the car service company.

A U.S. appeals court on Monday rejected a bid by Uber and its subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as employees rather than independent contractors.

Stephen Weiss of Short Hills Capital Partners picked Meta Platforms, Inc. META, saying he will go with the leader in AI right now.

The U.S. Supreme Court will reportedly consider spiking a multibillion-dollar lawsuit against Meta Platforms that accuses the Mark Zuckerberg-led company of duping investors on the data-harvesting scandal involving British political consultancy Cambridge Analytica.

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Joshua Brown of Ritholtz Wealth Management said he is staying with Apple Inc. AAPL.

Apple shares hit new all-time highs on Tuesday after the stock was upgraded by DA Davidson following a series of announcements out of the company's Worldwide Developers Conference 2024.

Shannon Saccocia of NB Private Wealth named iShares U.S. Utilities ETF IDU as her final trade.

Price Action:

• Uber shares rose 1.4% to close at $69.59 during Tuesday's session.
• Meta shares rose 1% to close at $507.47 on Tuesday.
• Apple shares jumped 7.3% to settle at $207.15 during Tuesday's session.
• iShares U.S. Utilities ETF slipped 0.5% on Tuesday.

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