Uber Technologies Inc
Stocks making the biggest moves in the premarket: Caterpillar, Uber, Pinterest and more
Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker’s stock fell 3.7% in the premarket after its quarterly earnings beat forecasts but revenue was slightly short of consensus. Caterpillar’s sales were hurt by its exit from Russia as well as supply chain issues, and it […]
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Uber reports another big loss but beats on revenue, shares pop 10%
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue. Shares of Uber popped 10% in premarket trading. Here are the key numbers: […]
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Cramer’s week ahead: Jobs report on Friday will make or break July’s rally
CNBC’s Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning. “If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage […]
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Amazon launches same-day delivery from some brick-and-mortar retail brands
An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Amazon said Monday it’s adding a handful of brick-and-mortar retail brands to its same-day delivery offering for Prime members. To start, Amazon is offering same-day delivery from […]
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Uber unveils new features, including one that lets drivers choose the trips they want
Uber app on a smart phone. Alex Kraus | Bloomberg | Getty Images Uber announced a series of new features Friday aimed at enhancing driver experiences on the ridesharing app as drivers continue to contend with high gas prices and inflation rates. Drivers across the U.S. will be able to see exactly how much they’ll […]
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Stocks making the biggest moves premarket: Newmont, Squarespace, Philips and more
Check out the companies making headlines before the bell: Newmont (NEM) – The mining company’s stock slid 3.3% in premarket trading after it reported lower-than-expected second-quarter earnings. Profit was down nearly 41% from a year ago, hurt by a drop in gold prices. Squarespace (SQSP) – The e-commerce platform provider tumbled 14.4% in the premarket […]
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GM is far behind Tesla in electric vehicle sales. CEO Mary Barra has bet the company that will change
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — In September 2017, General Motors CEO Mary Barra and her top executives visited the automaker’s design dome, considered hallowed ground within the company for its role in […]
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Uber updates grocery delivery service with after-hours ordering and more
Uber Eats workers wait for orders in central Kiev, Ukraine July 31, 2019. Valentyn Ogirenko | Reuters Uber announced the most comprehensive update to its grocery delivery service on Thursday since its initial launch in 2020, introducing a series of new features that aim to make the experience more convenient for consumers and merchant partners. […]
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Uber sued by more than 500 women over sexual assault claims
An iPhone displays the Uber ride-hailing app on 26 September 2017, in Hong Kong. studioEAST | Getty Images Uber is being sued by more than 500 women who claim they were assaulted by drivers on the platform. The complaint, filed Wednesday, claims that “women passengers in multiple states were kidnapped, sexually assaulted, sexually battered, raped, […]
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Here are Wednesday’s biggest analyst calls: Amazon, Apple, Tesla, Netflix, Twitter, Snowflake & more
Here are Wednesday’s biggest calls on Wall Street: KeyBanc initiates Lyft and Uber as equal weight KeyBanc said the ride-sharing companies need to prove that profitability is sustainable. “For Uber profitable growth is necessary to prove out. Investors already view Uber as a LT outperformer due to its scale. … . For Lyft , profitability […]
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