Uber

If you happened to glance at stock futures early this morning after the U.S. raised tariffs on China just after midnight, you might have been surprised to see the market moving higher.  It looks like some investors had hoped that with the Chinese delegation still in Washington, something could...

Undaunted by the brutal Lyft Inc (NASDAQ: LYFT) IPO, the OG ride-hailing company makes its market debut Friday. The IPO Uber Technologies will issue 180 million shares on the New York Stock Exchange under ticker UBER, according to the firm’s S-1 filing. The ride-hailing company priced the IPO...

A strike by ride-hailing drivers two days ahead of Friday's unveiling of the most anticipated IPO in recent memory is just one sign of trouble ahead for Uber. It could also lead investors to conduct their own strike on ride-hailing stocks. "I don’t think it portends well for either...

Ahead of Uber's planned initial public offering Friday, many of its drivers are participating in a one-day strike Wednesday to protest unfair wages and conditions. What Happened Uber's independent contractors are teaming up with those from rival ride-hailing platform Lyft Inc (...

Investors responded to Lyft Inc (NASDAQ: LYFT)’s first-quarter earnings with a 4-percent sell-off, but analysts read the mixed report with greater optimism. “Lyft has a long way to go to prove that it can both grow and reach profitability, but results and guidance were a first small...

Uber and Lyft Inc (NASDAQ: LYFT) drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning a "National Day of Action" and has been joined in its efforts by the New York Taxi Workers...

Up to this point, Lyft Inc (NYSE: LYFT) IPO investors have been sorely disappointed with the stock’s public debut. However, with Lyft’s first public earnings report and the Uber IPO looming, at least one options trader is making a big bullish bet on Lyft. On Monday morning, Benzinga Pro...

This weekend's Barron's cover story examines stocks that will benefit from increasing spending by millennials. Other featured articles focus on what suppliers say about Apple and possible outcomes to a bidding war. Also, the prospects for an off-price retailer and a highly anticipated IPO...

Uber Technologies' executives and bankers will soon make their pitch to investors during its pre-IPO roadshow. CNBC's Leslie Picker offered her take on what the team's main selling points are likely to focus on. 'Not As Risky'? Uber is pricing its IPO at around $86 billion on a...

This year was always expected to be a big year for IPOs.  Even before the year started, there were expectations for a number of tech unicorns to headline the 2019 IPO class, including Uber, Lyft (NASDAQ: LYFT) Palantir, Airbnb, Pinterest Inc (NYSE: PINS), Slack, and Postmates.  So far,...

Uber Technologies Inc. plans to announce Friday it will price its first shares between $44 and $50, according to a report from Bloomberg. This would value the company at $80 billion to $90 billion. Uber is nearing a record $8-$10 billion initial public offering, following ride-hail service rival...

The prospects for a big pick-up in profit for LYFT Inc. (NASDAQ: LYFT) may be further down the road, when the company can use driverless cars, according to KeyBanc Capital Markets.  The Analyst Andy Hargreaves initiated coverage of Lyft with a Sector Weight and $67 fair value estimate. ...

LYFT Inc. (NASDAQ: LYFT) shares have dropped in price since the ride-hailing company's IPO, making the stock one of the most attractive on the market, Credit Suisse said in a bullish initiation Tuesday.  The Analyst Credit Suisse analyst Stephen Ju initiated coverage of Lyft with an...

Not even news of autonomous robotaxis could steer Tesla Inc (NASDAQ: TSLA)'s stock straight after a weekend Model S explosion and board shakeup. What Happened Tesla CEO Elon Musk said Monday he is “very confident” the automaker will operate 1 million robotaxis next year. The mass of...

Soon-to-be-public ride-hailing company Uber had to earn its "place at the table" after multiple cities worldwide blocked the company from conducting business, the company's former chief business officer and senior vice president Emil Michael told CNBC Monday. What Happened Uber...