Previous close | 0.0300 |
Open | 0.0200 |
Bid | 0.0100 |
Ask | 0.0600 |
Strike | 12.50 |
Expiry date | 2023-05-19 |
Day's range | 0.0200 - 0.0200 |
Contract range | N/A |
Volume | |
Open interest | 5.28k |
Yahoo Finance Live’s Brian Sozzi breaks down an Evercore ISI analyst’s bullish note on Uber stock.
Dara Khosrowshahi-led Uber operates in multiple regions and has over the years built a massive food and grocery delivery business, while Lyft has mainly focused on rideshare in the United States. Uber's larger scale, reflected in a $67 billion market cap that is nearly ten times that of its rival, has also allowed it to spend more on incentives to attract drivers at a time when the industry recovery has flooded rideshare firms with demand. While Lyft was the first to show glimpses of a profit since rideshare operations began, investors will now focus on adjusted core earnings outlook as the companies have set big targets for 2024 - $5 billion by Uber and $1 billion by Lyft.
Though most of big tech has reported earnings, this week still showcases some key reports. Andrew Rocco breaks down 5 key stocks to watch.