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Uber stock flailed Wednesday after the company reported a surprise quarterly loss, throwing a wrench in Wall Street's celebration of the ride-hailing firm's move to profitability.

A Quiet Tuesday But Earnings Continue

08:54am, Wednesday, 08'th May 2024
Key Takeaways
After being one of the year's top-performing S&P 500 stocks in the first months of 2024, Uber's (NYSE: UBER) chart started forming a bow-like curvature with the most recent trend being downward.
US stocks to open lower Uber tumbles on surprise loss Reddit (NYSE:RDDT) optimism sends shares higher 8.36am: Wall Street set to open lower US stocks are poised to open lower today, looking to break t
Uber Technologies Inc (NYSE:UBER) shares are due to start lower on Wednesday after the ride-hailing and food delivery platform reported an unexpected loss. Gross bookings in the first quarter rose 20
Ridesharing giant Uber Technologies' (UBER) shares sank in premarket trading Wednesday as the company released its first-quarter results. Revenue met estimates but gross bookings missed, and Uber swun
Uber shares dropped as much as 8% in premarket trading after reporting first quarter results Wednesday. The ride-hailing giant saw gross bookings climb 20% and revenue slightly beat expectations.

Uber posts mixed earnings, stock moves lower

07:18am, Wednesday, 08'th May 2024
Uber Technologies Inc. posted mixed earnings on Wednesday, beating estimates on an adjusted profit metric while giving an outlook for bookings that was below expectations.
Wall Street is looking for strong bookings from the ride-sharing business.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) is set to swing to a profit and report strong revenue growth for the first quarter of 2024. The ride-hailing and food delivery platform is expected to see a
Jeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to share outlooks on recent IPO stocks.

Instacart teams up with Uber Eats

11:54am, Tuesday, 07'th May 2024
Instacart (NASDAQ:CART) shares got a boost after it agreed an Uber Eats tie-up, so its customers will be able to order restaurant deliveries from its app. The app, which currently enables users to o
Grocery delivery service Instacart, which gained popularity during the pandemic, said Tuesday it's partnering with Uber Eats to bring restaurant delivery to millions of its customers, prompting shares
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart custo
Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the U.S., as part of a partnership between t
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