Uber's revenue and earnings crushed analyst estimates last quarter. The possibility of full autonomous-driving technology could completely disrupt Uber.
Uber's essential operating segments include Mobility, Delivery, and Freight, connecting consumers with various transportation options. Uber stock is currently at all-time highs, but there are concerns
Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that
The stock market has been hitting record highs since the start of 2024. Driven by the technology sector, the Nasdaq has grabbed headlines, and several stocks have hit an all-time high.

Why Uber Stock Was Thundering Ahead This Week

11:44pm, Thursday, 15'th Feb 2024
What helped greatly was the launch of the rideshare titan's first share buyback program. This followed the publication of excellent quarterly and full-year results the previous week.

These 3 Companies Recently Provided Rosy Guidance

07:41pm, Thursday, 15'th Feb 2024
Positive guidance is one of the most bullish announcements shareholders can hear, injecting confidence in the future picture. And that's precisely what these three companies have announced.

Giving Uber Its Due

02:36pm, Thursday, 15'th Feb 2024
We've also got a look at good news from Chipotle and Roblox, and we put some stocks on a dating show.
Billionaire Dan Loeb's Third Point Capital exited its position in Alphabet (GOOGL) and slashed its stake in Uber Technologies (UBER) in the fourth quarter of 2023, while also reducing its positions in
Uber Technologies Inc (NYSE:UBER, ETR:UT8) is “the best idea within the mobility” industry, according to analysts, after the group's three-year growth targets beat expectations. Management said it
The buyback announcement highlights UBER's shareholder-friendly attitude.
Getting there has been a bumpy ride. Analysts want to see if the companies can sustain it.
Tiger Global has slashed its positions in four of the five Magnificent Seven tech stocks that account for almost half of its portfolio, while upping its stake in Amazon.com and piling into semiconduct

Daniel Loeb's Third Point slashes stake in Uber

05:22pm, Wednesday, 14'th Feb 2024
Daniel Loeb's hedge fund, Third Point, reduced its stake in ride-share platform Uber by about 76% to 1 million shares, a filing with the U.S. SEC showed on Wednesday.
Shares of Uber (UBER) are up intraday Wednesday after the company announced its board has authorized a share buyback program of up to $7 billion for the first time ever. This comes on the heels of the
Major U.S. equities indexes rebounded on Wednesday, recovering some of the ground they lost in the previous session. The S&P 500 advanced 1.0%, while the Nasdaq and the Dow were up 1.3% and 0.4%, resp
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