Uber Technologies Inc
Healthy Returns: Eli Lilly, Novo Nordisk are competing to develop more convenient weekly insulins
A patient injects herself with an insulin pen. Guido Krzikowski | Bloomberg | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The rivalry between Eli Lilly and Novo Nordisk extends beyond a buzzy class of weight loss and diabetes drugs called GLP-1s. […]
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Didi co-founder Liu steps down after decade at the helm of Chinese ride-hailing company
Didi Global, the Chinese ride-hailing company, must face a lawsuit in a U.S. court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its 2021 initial public offering until it resolved cybersecurity and privacy concerns. Bloomberg | Bloomberg | Getty Images Didi Global‘s co-founder Jean Liu has stepped down from […]
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Uber announces shuttle rides, features for caregivers and Costco perks
Uber on Wednesday announced several new product updates at the company’s annual Go-Get showcase in New York City that aim to help its customers save money on rides and food. The product updates reflect Uber’s continued push to drive growth and demand across its mobility and delivery business segments. The new features could help the […]
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Uber to get Foodpanda’s Taiwan company for $950 million, creating a likely monopoly
TAIPEI, TAIWAN – 2021/07/19: A foodpanda shipping male carrying a experience mask rides past a Taiwanese flag forward of the COVID-19 notify Level 3 restriction raise in Taipei. (Photograph by Walid Berrazeg/SOPA Visuals/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Uber Technologies will purchase the Taiwan business of Shipping Hero-owned Foodpanda for […]
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Dow futures are minimal altered after index posts sixth straight positive working day: Live updates
Futures joined to the Dow Jones Industrial Normal hovered close to the flatline Wednesday night following the 30-stock index posted its sixth consecutive profitable working day. Dow futures included 15 details, or .04%. S&P 500 futures hovered close to the flatline, while Nasdaq 100 futures fell almost .06%. In prolonged buying and selling, Airbnb pulled […]
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Stocks making the greatest moves midday: Uber, Intel, Lyft, Shopify, Rivian and extra
Check out the providers earning headlines in midday trading. Uber Technologies — The journey-hailing huge fell extra than 8% just after publishing combined initial-quarter outcomes . The firm’s all round income exceeded expectations, coming in at $10.13 billion vs . analysts’ estimate of $10.11 billion, per LSEG. Even so, the corporation posted a loss of […]
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Uber reviews first-quarter final results that conquer expectations for revenue, but posts net loss
Dara Khosrowshahi, CEO of Uber, talking on CNBC’s Squawk Box at the Planet Economic Discussion board Annual Conference in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Uber documented very first-quarter final results on Wednesday that came in a little bit over analysts’ estimates for profits, but the ridesharing firm posted an unpredicted […]
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Dow futures are minor modified following index notches longest successful streak since December: Live updates
Traders function on the flooring of the New York Stock Trade all through afternoon trading on April 9, 2024. Michael M. Santiago | Getty Photographs Dow Jones Industrial Common futures sat around flat Tuesday night right after the blue-chip typical clinched its longest profitable streak since December. Futures tied to the 30-stock ordinary lost 15 […]
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Altimeter’s Brad Gerstner suggests he trimmed positions across portfolio immediately after 2024’s robust tech operate
Altimeter Cash Chair and CEO Brad Gerstner said he has taken some chips off the desk right after this year’s solid run in technology shares, but he is nonetheless bullish on the names that are reaccelerating since of synthetic intelligence. “All of these shares are up a lot just to get started this yr and the […]
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Stock futures inch larger Sunday immediately after weaker-than-envisioned work report remaining traders wanting up: Reside updates
Traders do the job on the floor at the New York Stock Exchange (NYSE) in New York City, U.S. Brendan Mcdermid | Reuters U.S. inventory futures ticked up Sunday evening immediately after the important averages ended the earlier week in the inexperienced on a weaker-than-expected employment report, which revived hopes of the Federal Reserve chopping […]
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