Uber TechnologiesNYSE: UBER

With UBER shares moving south lately, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

The Investment Committee discuss the latest Calls Of The Day.

21 new analysts joined in June and are highlighted today. Each is introduced with some details on their first investment thesis on Seeking Alpha and their background. Analysts cover a range of sectors including biotech, technology, consumer staples, and real estate. Take a look for new authors to follow and investment ideas to consider.

Uber Technologies said on Monday it will bring a yacht service to Ibiza and will introduce different water-transport offerings to other European cities in an effort to address the robust demand stemming from tourism in the continent.

Ride-sharing companies Uber (UBER) and Lyft (LYFT) have been pushed to pay drivers more in states across the country, with the latest pay increases coming Thursday in Massachusetts.

Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office's multiyear litigation against the ridesharing companies. The settlement includes rules on wages, benefits and protections for drivers, the office said in a Thursday (June 27) press release.

Ride-share giants Uber Technologies Inc (NYSE:UBER, ETR:UT8) and Lyft Inc (NASDAQ:LYFT) have agreed to adopt a $32.50 hourly minimum wage for their drivers in Massachusetts and pay a $175 million penalty to settle a lawsuit brought on by the state's attorney general which alleged the companies violated its wage and hour laws.   The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state, with at least $140 million to be paid to drivers, a court filing shows.

Minnesota's new wage law for ride-hailing drivers could affect Uber and Lyft, influencing pricing. Uber's robust market position and rising trip volumes make it a promising long-term investment in the ride-hailing industry, despite such challenges.

The deal, which includes a $175 million settlement with the state, keeps the drivers classified as independent contractors, not employees.