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August 1, 2023
Uber Technologies (NYSE: UBER) saw its shares rise 1% in premarket today despite a second quarter revenue miss. Besides achieving two long-awaited financial milestones during the quarter, Uber offered a rosy guidance that compensated for missing revenue expectations. Second Quarter Highlights For the quarter that ended on June 30th, Uber generated sales of $9.23 billion, coming in below the expected $9.33 billion. Revenue rose 14% YoY and brought a net income of $394 million, or 18 cents per sha
August 1, 2023
Uber Technologies (NYSE: UBER) is trading higher premarket after reporting 2Q earnings. The company missed FactSet revenue estimates but reported a surprise positive EPS. Uber’s gross bookings have seen improvement since even before the pandemic – this quarter’s doubled the same quarter in 2019.
August 1, 2023
Dara Khosrowshahi has some big news: the price wars are over. Well, maybe not over, but the Uber Technologies (UBER) - Get Free Report CEO believes that theโฆ
August 1, 2023
Uber Technologies, Inc. (UBER) shares are sliding more than 5 percent on Tuesday morning trade, on reports that its Chief Financial Officer Nelson Chai will be leaving the company by early next year.
August 1, 2023
Ubers CEO shares his thoughts about his competitors as the company posts a second-quarter profit.
July 31, 2023
In a report released today, Tom White from D.A. Davidson reiterated a Buy rating on Uber Technologies (UBER – Research Report). The compan...
July 31, 2023
Why the Drivers of Lower Inflation Matter Competing effects of central banks, healing supply chains affect recession odds. Everyday Investors Are Thriving in a World Awash in Yield ...
July 31, 2023
Walmart Pays $1.4 Billion to Boost Flipkart Stake The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Wall Street to Procter & Gamble,...
July 31, 2023
Rafaela Vasquez, the backup driver of an Uber Technologies UBER self-driving vehicle involved in a fatal collision in 2018, pled guilty to endangerment. Theโฆ
July 31, 2023
Uber Technologies (NYSE:UBER – Free Report) had its price objective upped by Wedbush from $46.00 to $52.00 in a research report sent to investors on Thursday, MarketBeat reports. The brokerage currently has an outperform rating on the ride-sharing company’s stock. Several other research firms have also recently issued reports on UBER. Jefferies Financial Group raised […]