Previous Close | 2.3400 |
Open | 3.5000 |
Bid | 3.0500 |
Ask | 4.8000 |
Strike | 66.00 |
Expire Date | 2024-05-03 |
Day's Range | 3.3000 - 4.3000 |
Contract Range | N/A |
Volume | |
Open Interest | 444 |
Here are some of the key events to watch for on Wednesday, May 8th. First quarter earnings season continues, with several companies scheduled to release their financial results, including Uber (UBER), Airbnb (ABNB), and AMC Entertainment (AMC). Additionally, Federal Reserve officials, including Fed Vice Chair Philip Jefferson, Boston Fed President Susan Collins, and Fed Governor Lisa Cook, will provide insight into inflation and the path for interest rates. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Uber and Shopify sold off early Wednesday on earnings, but Arista Networks led stocks flashing buy signals on results.
Uber Technologies stock was falling Wednesday after the ride-sharing company posted a first-quarter loss when analysts expected a profit. Uber reported a first-quarter adjusted loss of 32 cents a share on revenue of $10.13 billion. The net loss for the quarter was $654 million, which includes a $721 million headwind due to “unrealized losses related to the revaluation of Uber’s equity investments.”