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The Latest Breaking News from Uber

10 Stocks With $10 Billion Market Cap Down 10%

Benzinga’s “10 Stocks With $10 Billion Market Cap Down 10%” aims to deliver investors the news surrounding hot stocks with significant price action for the week ending May 6, 2022.

Benzinga

CNBC's Final Trades: Uber Technologies, Charter Communications, iShares 1-3 Year Treasury Bond ETF And This Travel Stock

On CNBC’s “Halftime Report Final Trades,” Pete Najarian named Uber Technologies Inc (NYSE: UBER) as his pick.

Benzinga

Look closely at those white Jaguars in San Francisco — no drivers!

The vehicles have been under development for years, but Google-owned Waymo and Cruise, which is owned by General Motors, are now offering robot-driven cars to ferry passengers in San Francisco.

WEKU

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Uber Stock Is Rolling Over. Is It a Buy Now?

Uber stock is holding this week's low but is not trading well. Here's the setup.

The Street

Why Uber Technologies Could Make 'Quite A Move'

Shares of Uber Technologies Inc (NYSE: UBER) fell close to 5% on Wednesday after the company reported its first-quarter print.

Benzinga

10 Biggest Price Target Changes For Thursday

Needham cut Cirrus Logic, Inc. (NASDAQ: CRUS) price target from $110 to $100. Cirrus Logic shares rose 4.5% to close at $82.81 on Wednesday.

Benzinga

Let’s Stop Calling Taiwan a “Digital Democracy” (And Start Telling Better Digital Stories)

If we focus only on the tech itself and its impressive uses, we risk leaving most citizens feeling like they have no voice in the matter.

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Lyft plunge wipes off nearly a third of market valuation

Lyft Inc. lost nearly one-third of its market value on Wednesday after the ride-hailing company’s second-quarter outlook and plan to increase spending on driver incentives disappointed Wall Street, highlighting investors’ willingness to dump growth stocks at the first hint of trouble.

Tribune News Service

Dow Jones Jumps As Powell Soothes These Fears; Bill Gates Says Elon Musk Could Make Twitter 'Worse'

The Dow Jones jumped after Fed chair Jerome Powell turned market whisperer. Bill Gates warned Elon Musk could make Twitter worse.

Investors Business Daily

Uber Technologies: Q1 Earnings Insights

Uber Technologies (NYSE:UBER) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Uber Technologies beat estimated earnings by 25.0%, reporting an EPS of $-0.18 versus an estimate of $-0.24.

Benzinga

Can Uber and Lyft Survive Without Drivers?

The demand for ride-sharing is back, but the drivers aren't.

The Street

Uber hit with loss in quarter despite rider rebound

San Francisco (AFP) - Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.

AFP

Recap: Uber Technologies Q1 Earnings

Uber Technologies (NYSE:UBER) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Uber Technologies beat estimated earnings by 25.0%, reporting an EPS of $-0.18 versus an estimate of $-0.24.

Benzinga

Uber Plunges Follow Q1 Earnings Results: Here's Where To Watch For The Reversal

Uber Technologies, Inc (NYSE: UBER) experienced a high level of volatility after the market close on Tuesday and in the premarket on Wednesday.

Benzinga

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Benzinga

Why Uber Shares Are Sliding

Uber Technologies Inc (NYSE: UBER) shares are trading lower Wednesday after the company reported first-quarter financial results and issued second-quarter guidance.

Benzinga

Uber Tops Q1 With 136% Revenue Growth Reflecting Recovery Kicking In; Lyft Shares Continues To Bleed On Dismal Outlook

Uber Technologies, Inc (NYSE: UBER) reported first-quarter F

The Street

Uber Stock Slumps As Lyft Drags Ride-Sharing Lower On Surging Cost Hit To Profit Outlook

"Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. "Importantly, we expect this trend to continue without significant incremental incentive investments."

Benzinga

5 Stocks To Watch For May 4, 2022

Some of the stocks that may grab investor focus today are:

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Tribune News Service

Lyft rider growth disappoints as omicron saps demand

Lyft Inc. slumped 26% after it gave a forecast for the current quarter that missed analysts’ estimates as the company plans to ramp up spending on incentives for drivers to address a persistent shortage in supply.

The Street

Amazon Adds New Employee Benefit Following SCOTUS Draft Leak

Amazon has a response following reports that the Supreme Court will overturn Roe v. Wade in the coming weeks.

The Street

Do People Really Want Super-Fast Delivery?

The ultra-rapid delivery of every day goods, once a pandemic fad, is losing steam.

Benzinga

Albertsons, Uber Expand Partnership To 2,000+ Stores Nationwide

Albertsons Companies Inc (NYSE:ACI) and Uber Technologies Inc (NYSE:UBER) have expanded their partnership to include more than 2,000 of the grocer's banner stores nationwide through Uber Eats. Some of the banner stores included are Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, and Randalls. The expansion will bring nearly 800 new locations to Uber Eats, including consumers…

Benzinga

Check Out What Whales Are Doing With UBER

Someone with a lot of money to spend has taken a bearish stance on Uber Technologies (NYSE:UBER). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

A Preview Of Uber Technologies's Earnings

Uber Technologies (NYSE:UBER) is set to give its latest quarterly earnings report on Wednesday, 2022-05-04. Here's what investors need to know before the announcement. Analysts estimate that Uber Technologies will report an earnings per share (EPS) of $-0.24.

Evening Standard

Tesco partners with Uber Eats on rapid grocery deliveries

Tesco has partnered with Uber Eats to deliver groceries in 60 minutes through the supermarket’s ‘Whoosh’ service.

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