Uber Technologies Inc. could be at the beginning of a stretch of sustained profitability as the ride-hailing giant posted surprise positive earnings for its latest quarter Tuesday and generated its fi

Uber Stock Brushes Off Upbeat Outlook

10:28am, Tuesday, 01'st Aug 2023
Uber Technologies Inc (NYSE:UBER) stock is 3.5% lower to trade at $47.75 at last glance, after the ride-hailing company's second-quarter revenue missed the mark.

Uber Turns an Operating Profit for First Time

10:00am, Tuesday, 01'st Aug 2023
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past.
After losing $31.5 billion of operating income losses over the last nine years, Uber finally turned a profit during Q2.
Uber Technologies (UBER) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $1.33 per share a year ago.
Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, the competition with Lyft, growth outlook, and more.
Uber Technologies Inc (NYSE:UBER) recorded its first-ever operating profit after ridership increased to record levels in its second quarter. The ride sharing company reported better-than-expected net
CNBC's Andrew Ross Sorkin reports on the company's quarterly earnings results.

Uber's post-pandemic growth is slowing

08:11am, Tuesday, 01'st Aug 2023
Uber has reported that its revenue ticked up 14% last quarter, marking a slower pace of growth than recent quarters when sales surged as riders returned to pre-pandemic habits.
Uber has reported an operating profit during a fiscal quarter for the first time in its history. The company reported its second quarter earnings for 2023 [PDF] on Tuesday morning, which included a ne
Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results that missed analysts' expectations for revenue but offered rosy guidance.
The ride-hailing company reported adjusted earnings of 18 cents a share for the June quarter, beating expectations of 16 cents a share.

Uber Posts 14% Rise in Revenue as Growth Slows

06:55am, Tuesday, 01'st Aug 2023
The company's growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
The company's top and bottom lines are improving dramatically, thanks to a combination of savvy acquisitions and a loyal customer base. Uber stock appears to be undervalued and could be headed to all-

Markets Up, Yum China Beats, Avis Mixed

07:24pm, Monday, 31'st Jul 2023
The small-cap Russell 2000 led the way again today, +0.82%, followed by +0.32% from the Nasdaq, +0.16% on the Dow and +0.06% for the S&P.
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