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Lyft And Uber Borrow From Taxi Model To Reduce Congestion At Portland Airport
Friday, May 31, 2019 - 5:03pm | 696Read More...Hailing an Uber Technologies (NYSE: UBER) or LYFT Inc (NASDAQ: LYFT) at the Portland International Airport can be a huge headache, with ride-hailing services making 400 pickups an hour during peak travel times. Travelers have to navigate a crowded and chaotic scene and can wait up to 30 minutes...
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Uber's First Quarter A Mixed Bag, Stock Up After Hours On Margin Outlook
Friday, May 31, 2019 - 11:07am | 748Read More...Uber Technologies Inc. (NYSE: UBER) announced first quarter 2019 results which were $0.01 share worse than analyst expectations at a loss of $2.26 per share. Revenue of $3.1 billion was $20 million better than forecasts. Total revenue increased 20 percent year-over-year to $3.1 billion. Gross...
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Uber's First Earnings Report Shows Bigger Than Expected Loss, But Revenue Tops Estimates
Thursday, May 30, 2019 - 4:22pm | 315Read More...Uber Technologies Inc (NYSE: UBER) had a bigger earnings loss than expected, but narrowly beat the Street on revenue in its first-ever earnings report as a public company. Uber reported a first-quarter EBITDA loss of $869 million, down 210 percent year over year. The per-share loss of $2.26 missed...
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Defensive Mode: Caution Still The Watchword With Costco, Uber Earnings Later This Week
Tuesday, May 28, 2019 - 9:52am | 2266Read More...After a long holiday weekend watching auto racing, hosting and attending barbecues, and enjoying the late spring weather, investors regroup today to a stock market that’s played defense for weeks and feels exhausted as summer begins. The Dow Jones Industrial Average ($DJI) fell last week for...
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Uber Seeks Approval For San Diego Drone Deliveries
Tuesday, May 21, 2019 - 5:13pm | 587Read More...Last-mile drone delivery in the United States is heating up with the addition of a request by Uber to operate a food service in San Diego. An application filed with the Federal Aviation Administration (FAA) by Luke Fischer, Head of Flight Operations for Uber Technologies (NYSE: UBER) affiliate...
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Bulls And Bears Of The Week: Apple, Chevron, FedEx, Uber And More
Saturday, May 18, 2019 - 3:18pm | 832Read More...Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included tech giants and a big oil leader. Bearish calls included biotechs and a recent IPO. The escalating trade war with China continued to overshadow the markets in the past week. Furthermore,...
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Today's Pickup: Amazon Breaks Ground On Kentucky Air Hub; Where Will The Next Uber Come From?
Wednesday, May 15, 2019 - 12:15pm | 865Read More...Good day, The much-hyped Amazon.com, Inc. (NASDAQ: AMZN) air hub in northern Kentucky is finally moving forward following a formal groundbreaking at the site at the Cincinnati/Northern Kentucky International Airport in Hebron, Kentucky on May 14, 2019. The hub will add more than 2,000 jobs to...
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Feds Give Uber A Lift On Contractor Status
Tuesday, May 14, 2019 - 6:08pm | 617Read More...Federal authorities have deemed Uber drivers independent contractors in an opinion that could prove valuable for the ride-sharing company after its IPO valuation launched below expectations. In an "advice memorandum" from the Office of the General Counsel of the National Labor Relations...
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Do Lyft And Uber IPOs Signal Stretched Mobility Tech Valuations?
Tuesday, May 14, 2019 - 6:04pm | 913Read More...Two of the most-anticipated initial public offerings (IPOs) of the year have not gone exactly as planned, but what does that mean for other marketplace-style startups in the freight and mobility tech space? Ride-hailing companies Lyft Inc (NASDAQ: LYFT) and Uber Technologies Inc (NYSE:...
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Why You Should Be Rooting For Startups Like Uber
Tuesday, May 14, 2019 - 10:18am | 1444Read More...FreightWaves is providing a forum – Market Voices – for a number of market experts. Disclaimer: The author is not an investor in Uber Technologies Inc (NYSE: UBER), or any of its competitors. Steve Case's Rise of the Rest® is an investor in FreightWaves. On May 9 – just...
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Uber, Lyft 'Biggest Contributors' To Traffic Congestion In San Francisco, Data Science Study Shows
Monday, May 13, 2019 - 4:23pm | 1253Read More...Highlighting another challenge for Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) amid the two companies' lackluster initial public offerings of stock, a study that scraped data from the application programming interface (API) for both ride-hailing outfits found they...
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How I Traded The Uber IPO For A Profit
Monday, May 13, 2019 - 2:16pm | 425Read More...IPOs are some of the most exciting events on Wall Street. Unfortunately, I find them very difficult to trade consistently for a profit. Not only do they move extremely quickly, but many IPOs end up selling off after their initial pop before eventually moving higher. As a day trader, I don’t...
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Trade War Heats Up As China Retaliates With Raised Tariffs Of Its Own
Monday, May 13, 2019 - 10:08am | 1504Read More...The other shoe has dropped. As was feared, China has retaliated, raising the stakes in a trade war that has raised concerns about the future of global economic growth. The Asian nation announced increased tariffs on $60 billion of goods from the United States after the U.S. raised tariffs to 25%...
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Barron's Picks And Pans: Community Health, GM, JB Hunt, Uber, UPS And More
Saturday, May 11, 2019 - 3:11pm | 718Read More...This weekend's Barron's cover story offers seven dividend stock picks for volatile times. Other featured articles have picks from the Sohn Conference and examine a little-known key to better stock performance. Also, a disappointing initial public offering, two bargain transport plays, and...
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All That You Need To Know On Uber's Run-Up To Its IPO
Friday, May 10, 2019 - 12:05pm | 1831Read More...After a decade since the launch of Uber Technologies Inc. (formerly UberCab 2009-11), the public is finally getting to own a piece of the cab-hailing giant. Uber (NYSE: UBER) opened its trading today on the floor of the New York Stock Exchange, with an initial public offering (IPO) price of $45 per...















