UBER Jun 2024 20.000 put
- Yahoo Finance Video
Uber earnings, Fedspeak: What to Watch
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
- Investor's Business Daily
Uber And Instacart Team Up. Rival DoorDash Stock Falls.
Uber said Tuesday that it will team up with Instacart to add restaurant meals to Instacart's grocery delivery app. The announcement played as good news for Instacart stock but bad news for rival DoorDash, while Uber stock traded also closed lower. Uber said Instacart customers will soon be able to order restaurant meals through the Instacart app, powered by Uber Eats.
- Barrons.com
Uber Expected to Perform Well When It Reports Earnings
Uber Technologies is scheduled to report first-quarter earnings before the stock market opens Wednesday, and Wall Street expects continued strength in bookings. “Our data checks suggest that the demand environment remains resilient for ride-share,” Deutsche Bank analyst Benjamin Black wrote in a note on May 3. Analysts surveyed by FactSet expect Uber to report first-quarter adjusted earnings of 22 cents a share on revenue of $10.1 billion.
