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UBER Jun 2023 30.000 call
- Yahoo Finance Video
Evercore ISI issues bullish note on Uber stock
Yahoo Finance Live’s Brian Sozzi breaks down an Evercore ISI analyst’s bullish note on Uber stock.
- Reuters
Uber to steal a march on Lyft in resurgent rideshare market
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.
- Zacks
Looking for Turnaround Plays? 5 EPS Reports to Watch this Week
Though most of big tech has reported earnings, this week still showcases some key reports. Andrew Rocco breaks down 5 key stocks to watch.
