Uber Technologies, Inc. (UT8.F)
| Previous Close | 67.00 |
| Open | 66.85 |
| Bid | 65.50 x N/A |
| Ask | 65.64 x N/A |
| Day's Range | 66.85 - 66.89 |
| 52 Week Range | 34.20 - 75.95 |
| Volume | |
| Avg. Volume | 382 |
| Market Cap | 139.151B |
| Beta (5Y Monthly) | 1.36 |
| PE Ratio (TTM) | 82.53 |
| EPS (TTM) | 0.81 |
| Earnings Date | May 08, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 67.29 |
- Yahoo Finance Video
Lyft stock pops on Q1 revenue beat, bookings growth
Shares of Lyft (LYFT) are trading higher Tuesday, as the company posted a first quarter earnings beat on revenue. The ride-sharing giant surpassed analyst expectations, reporting a revenue of $1.28 billion, beating the estimated $1.17 billion. Lyft's performance was boosted by growth in both gross bookings and active rider counts, which also surpassed estimates for the quarter. Yahoo Finance's Josh Lipton and Jared Blikre breaks down the details of the earnings report. 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 DailyUber 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.
- Reuters
UPDATE 1-Motional to pause robotaxi deployments with Uber, Lyft
Self-driving technology company Motional said on Tuesday it will pause robotaxi deployments with ride-hailing firms Uber Technologies and Lyft, while it lays off staff as part of its restructuring process to focus on technology development. The development comes ahead of electric carmaker Tesla's unveiling of its robotaxi, dubbed "Cybercab", on Aug. 8 and as legacy automakers limit spending on expensive autonomous driving technology in the face of regulatory and safety hurdles. Motional said it has completed more than 100,000 autonomous rides in Las Vegas and food deliveries in Los Angeles.
