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Maplebear Inc. — the grocery-delivery platform better known as Instacart — said Wednesday that its chief financial officer had resigned, effective immediately, and appointed a veteran of Uber Tech
UBER's first-quarter 2024 revenues improve year over year.
The expansion of autonomous vehicles (AVs) and robotaxi services could pose a threat to rideshare operators Uber (UBER) and Lyft (LYFT). TD Cowen Internet and Media Analyst John Blackledge joins Catal
For Q1 of 2024, Uber Technologies Inc UBER revealed that the company performed better than expected in terms of revenue, seeing a 15% growth compared to last year, but its operating profit didn't hit
The S&P 500 Information Technology Sector Index wavered between gains and losses in intraday trading Wednesday, up just 0.1% as of 2 p.m. ET. The broader S&P 500 was 0.1% lower and the tech-heavy Nasd
Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss teh company's quarterly earnings results, growth outlook, strength of its Uber Eats delivery business, impact of the Instacart partnership, fut

4 Key Takeaways From Uber's Earnings Call

01:10pm, Wednesday, 08'th May 2024
After Uber Technologies (UBER) reported mixed first-quarter results sending shares lower in intraday trading Wednesday, executives joined the company's earnings call to discuss its financial results,
Uber Technologies Inc. says first-quarter bookings rose 20% from a year earlier, but that still missed analysts' estimates. Operating profit also fell.
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged.
Lyft's initiative to get more women in the drivers seat helped boost its number of females customers.

Uber's CEO: Tesla will need us for robotaxis

11:06am, Wednesday, 08'th May 2024
Tesla is trying to use its full self-driving technology to run fleets of taxis. But Uber's CEO said that Tesla will need tools that his rideshare company already has.
Although the revenue and EPS for Uber (UBER) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street est

Best Growth Stocks to Buy for May 8th

10:11am, Wednesday, 08'th May 2024
UGP, STRA and UBER made it to the Zacks Rank #1 (Strong Buy) growth stocks list on May 8, 2024.

Why Uber Is Tanking Today

10:11am, Wednesday, 08'th May 2024
Bottomline Uber looks strong and investors should look for drops in price like today for discount entry points into the stock.
Uber Technologies (UBER) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of $0.21. This compares to loss of $0.08 per share a year ago.
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