Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.0100 |
Strike | 81.00 |
Expiry date | 2024-05-03 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 317 |
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
Given Uber's (UBER) strong price performance this year, investors have largely anticipated the company's first quarter results on Wednesday, May 8.
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.