UBER News and Press, Uber Technologies Inc. From 11/01/22

Uber ( NYSE: UBER ) rose about 8% in Tuesday's premarket action after the ride-hailing and delivery service revealed revenue for the latest quarter that surged more than 70% from last year, topping Wall Street's expectations. The improvement came amid double-digit advances in custom...

Summary Several long-standing biopharmaceutical holdings drove performance. An unprecedented set of global challenges makes it more important than ever to own cash-generative businesses with strong balance sheets that can take advantage of dislocations in the market and the econom...

Uber press release ( NYSE: UBER ): Q3 GAAP EPS of -$0.61 misses by $0.43 . Revenue of $8.34B (+72.0% Y/Y) beats by $220M . Revenue growth significantly outpacing Gross Bookings growth due to the acquisition of Transplace by Uber Freight and a change in the busi...

Gross Bookings grew 26% year-over-year and 32% year-over-year on a constant currency basis Mobility Gross Bookings, Adjusted EBITDA and Adjusted EBITDA margin at all-time quarterly highs Operating cash flow of $432 million; Free cash flow of $358 million Uber Tec...

Summary The combination of extremely depressed stocks and improving fundamentals is a powerfully bullish combination for long-term value investors. Despite being at all-time historical lows, the market is pricing financials and energy stocks as if they have the greatest earnings r...

Uber Stock ( NYSE:UBER ) Wedbush analysts have said that they anticipate Uber ( NYSE:UBER ) to report “generally strong results” ahead of the company’s FY3Q22 earnings, which will be released on Tuesday, November 1, before the opening bell. ...

Uber Technologies ( NYSE: UBER ) is scheduled to report its fiscal third-quarter results prior to Tuesday's market open, and update comes at a time when customers are returning to the ride-sharing provider, and it is also facing a governmental challenge to the employment status ...

Uber ( NYSE: UBER ) is scheduled to announce Q3 earnings results on Tuesday, November 1st, before market open. The consensus EPS Estimate is $0.06 and the consensus Revenue Estimate is $8.12B (+67.4% Y/Y). Company Q2 results showed a 15% jump in price as sales ...

Summary Although I have long been bullish about Mobileye, as one of the top leaders in AVs, like competitors the investment opportunity was locked as a subsidiary of a Big Tech company. The Mobileye IPO brings the valuation to a more palpable ~$20B, making it the only pure play AV...

Summary Weakness in the Strategy’s consumer discretionary and technology names and underweights to several outperforming mega cap growth stocks weighed on performance relative to the benchmark. Weakness in the Strategy’s consumer discretionary and technology names an...