Uber Technologies, Inc. (UBER)
Uber shares surge as earnings and revenues beat the Street
Shares in Uber Technologies Inc (NYSE:UBER, ETR:UT8) surged 8% in pre-market trading after it surpassed Wall Street's second-quarter revenue and core profit estimates. The ride-hailing giant benefited from steady demand for its ride-sharing and food-delivery services as more people returned to offices and increased outings.
Uber highlights autonomous vehicle efforts with Tesla in its rearview mirror
Uber reported strong second-quarter results, with gross bookings and net profit both up decently. But the company has chosen to highlight the success of its autonomous vehicle effort, likely to assuage investors concerned about incoming competition from Tesla, which aims to reveal its first robotaxi in October.
Uber Ads just became a $1 billion business — and it has plenty of room to grow
Uber announced on Tuesday its ad business had hit a $1 billion annual run rate. Launched in 2022, Uber Ads offers formats on apps, emails, cartops, and in-car tablets.
Ride It Out. Why Uber Stock Could Accelerate to $80 This Year.
Ride-hailing and food-delivery service Uber Technologies (NYSE: UBER ) hasn't rewarded its investors with stellar returns this year, but don't fret. 2024 isn't even close to being finished yet, and an important piece of news from California should convince the skeptics to buy Uber stock today.
Uber Stock Drives Higher on Earnings Beat as ‘Growth Engine Continues to Hum'
The ride-hailing company says gross bookings in the second quarter rose 19% from a year ago.
Uber reports better-than-expected results for second quarter
Uber reported earnings and revenue that topped estimates for its second quarter. The company's mobility unit reported a 23% increase in gross bookings to $20.6 billion.
Uber's second-quarter revenue beats on ride-sharing demand
Uber beat Wall Street estimates for second-quarter revenue and core profit on Tuesday, helped by steady demand for its ride-sharing and food-delivery services.
Uber (UBER) & Lyft (LYFT) Earnings: Can Shares Accelerate?
Both stocks have risen in popularity considerably over the years as consumers continuously flock to the platform, leaving taxis in the dust.
Uber Stock Shows Bearish Trends Despite 50% Upside Forecast
Uber Technologies Inc UBER will report second-quarter earnings on Tuesday. Wall Street expects 31 cents in EPS and $10.5 billion in revenues as the company reports before market hours.
Disney, Super Micro, Uber, and More Stocks to Watch
Second-quarter earnings season continues with Airbnb, Caterpillar, Super Micro Computer, Uber, Monster Beverage, Shopify, Walt Disney, Eli Lilly, and Paramount.
Harris's Brother-in-Law Tony West, an Uber Executive, is a Key Adviser
Tony West, the top lawyer for Uber, is weighing in on polling and running mates. His presence has made some liberals anxious.
Uber stock is in a bear market; will earnings change that?
Uber Technologies (NYSE: UBER) stock price has moved into a deep bear market, falling by over 28% from its highest point this year and erasing most of the gains made earlier on. It has collapsed to its lowest point since January 2024 as the focus shifts to its upcoming earnings.
