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2023-03-21 13:47:31 ET Summary Uber has achieved all time highs in drivers and riders. Delivery revenue growth remains resilient in spite of tough comps, and mobility revenue continues to recover from the pandemic. The company remains on track to hit its $5 billion EBITDA targ...
2023-03-20 09:17:00 ET It might seem like a risky time to buy stocks as inflation, rising rates, and bank failures continue to rattle the markets. It might also seem safer to simply park your cash in a high-yield savings account, CD, or T-bill until the market stabilizes. That might be ...
2023-03-17 06:04:05 ET Summary Semiconductors are the only technology industry with attractive value and quality scores. Hardware is the most overvalued one relative to historical averages. Fast facts on XNTK, an equal-weight technology ETF. 6 stocks cheaper than their pee...
2023-03-16 02:21:46 ET Summary Glenview Capital Management’s 13F portfolio value increased from $4B to $4.51B this quarter. The number of positions decreased from 54 to 53. They added Universal Health Services, Meta Platforms, and Alphabet while reducing Aptiv and dropping ...
2023-03-15 11:41:41 ET Shares of the ride-hailing company Uber Technologies (NYSE: UBER) were sliding today despite an analyst maintaining his buy rating on the stock and raising his price target for Uber's shares. The drop comes a day after a California appeals court ruled that...
2023-03-14 09:37:02 ET Shares of %Uber ($UBER) and %Lyft ($LYFT) are sharply higher after a U.S. court ruled that the ride hailing and delivery companies can continue treating their workers as independent contractors. A California appeals court found that a labour measure known ...
2023-03-14 07:50:55 ET Wall Street trading will center around the latest consumer price data on Tuesday, as investors gauge what the Federal Reserve is likely to do at its next policy meeting. The recent high-profile failures in the banking industry have moderated expectations for the centr...
2023-03-14 07:26:59 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify FDIC is reportedly planning another auction of Silicon Valley Bank ( SIVB ). Credit Suisse ( CS ) discloses 'material weakness' in reporting procedures. CP...
2023-03-14 03:55:06 ET Ride-sharing and delivery apps, Uber ( UBER ), Lyft ( LYFT ) and DoorDash ( DASH ) can now continue to treat their drivers as independent contractors after California court reversed lower-court decision on Monday. In November 2020, California voter...
2023-03-13 00:41:42 ET Summary David Tepper’s 13F portfolio value decreased from $1.36B to $1.35B this quarter. Appaloosa increased HCA Healthcare, Salesforce.com, and Uber Technologies while reducing Meta Platforms, Enterprise Product Partners, Sysco Corp, and Alps Alerian...
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Uber Technologies, Inc. (NYSE: UBER) is one today's most active stocks by volume. So far today, approximately 28.33M shares of Uber Technologies, Inc. have been exchanged, as compared to an average 30-day volume of 17.34M shares. Uber Technologies, Inc. develops and operates proprietary techno...
Cartken’s AI-powered sidewalk robots will begin operating in Fairfax, Virginia Building on a successful pilot of autonomous deliveries in Miami, Florida, Uber Technologies, Inc. (NYSE: UBER) and Cartken , an AI-powered robotics company, today announced an expansion of the...
Uber Eats Adds PetSmart to Growing List of North American Retailers PR Newswire PetSmart becomes the first national pet retailer on the Uber Eats app across the US and Canada for on-demand and scheduled delivery of must-have items. SAN FRANCISCO , April 1...