UBER News and Press, Uber Technologies Inc. From 02/14/23

They may both be in the ride-hailing business, but Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) couldn't be more different -- at least in terms of fiscal results. The former is inching its way toward operational profitability. At its current pace of progress, the latter ...

Ark Investment Management is led by Cathie Wood, one of the most vocal technology bulls on Wall Street. Wood has a reputation for making large, long-term bets on innovative companies through Ark's portfolio of exchange-traded funds (ETFs). Ark Invest just released its "Big Ideas 2023" report...

Uber Technologies (NYSE: UBER) posted its fourth-quarter report on Feb. 8. The ride-hailing and food delivery company's revenue rose 49% year over year to $8.6 billion, which beat analysts' estimates by $90 million. Its net income fell 33% to $595 million, or $0.29 per share, but cleare...

Uber 's (NYSE: UBER) growth on the top line is helping the company approach a longstanding goal. Profits have thus far been an elusive target for Uber -- and Lyft (NASDAQ: LYFT) , for that matter. *Stock prices used were the afternoon prices of Feb. 10, 2023. The video was pub...

Sometimes, when a business experiences a big mistake or highly adverse conditions, that difficult period may be the greatest gift for long-term investors -- providing the business survives. For instance, while many tech companies didn't survive the dot-com bust, those that did, such as Amazon ...

Summary Uber is the dominant market leader in ridesharing and has accelerated two further "growth engines", its Delivery and Freight businesses. The company reported strong financial results for the fourth quarter of 2022 as it beat both revenue and earnings growth estimates. Uber i...

In this video, I will be talking about Uber 's (NYSE: UBER) fourth-quarter earnings and why this might be a turning point for the company. While investors should still be cautious in the current market environment, the company has now reported two solid quarters in a row. *Stock pri...

Lyft ( NASDAQ: LYFT ) shares crashed more than 33% in premarket trading on Friday after the ride-sharing company said its first-quarter results would be sharply lower than anticipated, leading to several Wall Street firms to downgrade the stock. Wedbush Securities analyst Dan ...

Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Apollo's ( APO ) Yahoo to lay off more than 20% of staff in digital ad strategy shift. Lyft ( LYFT ) sinks 30%+ after hours as weak Q1 guidance disappoints Wall Street (update). Coinba...

Even the fastest-moving cars have to stop or back up once in a while. That's what happened to Uber Technologies (NYSE: UBER) stock on Thursday, one day after it reported investor-pleasing fourth-quarter results. The rideshare company subsequently saw its price skid to a 2.6% decline, a wo...