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Uber (UBER) Q3 2024 results


Uber (UBER) Q3 2024 results

Above reported third-quarter results on Thursday that beat Wall Street's revenue expectations but missed analysts' forecasts for gross bookings. The company's shares fell more than 7% on Thursday morning. This is how the company did it: Earnings per share: $1.20 versus LSEG's expected 41 cents. Revenue: $11.19 billion versus LSEG's expected $10.98 billion Uber's third-quarter […]

Stock market today: live updates


Stock market today: live updates

Traders react after the closing bell on the floor of the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters Stocks fell on Thursday as Wall Street digested discouraging quarterly reports from megacap technology companies and awaited further results. The S&P 500 fell 1.1%, while the Nasdaq Composite lost 1.7%. Both indexes […]

Ridesharing giants Uber and Lyft are stepping in after Tesla's “toothless taxi” fails to excite investors


Ridesharing giants Uber and Lyft are stepping in after Tesla's “toothless taxi” fails to excite investors

The Uber logo is seen in the rain in Krakow, Poland on January 6, 2024. Klaudia Radecka | Photo only | Getty Images TeslaThe hyped robotaxi reveal posed a threat AboveThe company's ride-sharing ambitions have instead turned into a boon for the stock. Uber shares had fallen on Thursday's initial enthusiasm ahead of the event […]