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UBER May 2024 100.000 call
| Previous close | 0.0100 |
| Open | 0.0300 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 100.00 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0100 - 0.0300 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.73k |
- Yahoo Finance Video
Uber's network effect continues to strengthen: Analyst
Uber (UBER) shares are dropping after the rideshare company's first quarter results saw gross bookings fall below Wall Street estimates. WestEnd Capital Management Senior Equity Analyst Ali Mogharabi joins Market Domination to break down Uber's earnings and what it could signal for the company's future. "We were not necessarily surprised by the numbers," Mogharabi tells Julie Hyman, saying that the company saw strong gross bookings and total revenue overall. "The network effect of this entire platform continues to strengthen," he adds, citing increasing user growth and frequency. Mogharabi adds that Uber stock's dip is an "overreaction to a slight miss on mainly the bottom line, which was basically a decline in the unrealized value of the equity investments that these guys have." He points to Uber Eats as a success for the company, citing the platform's continued growth long after the uptick caused by the coronavirus pandemic. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
The growth stocks under pressure after reporting earnings
A variety of growth stocks are taking a hit in Wednesday's morning session, including Affirm (AFRM), Shopify (SHOP), Uber (UBER), and Upstart (UPST), after reporting earnings. Catalysts Anchors Seana Smith and Madison Mills comment on the market conditions weighing on stocks this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Uber sinks on Q1 loss while Lyft ridership increases
Shares of Uber (UBER) are trading lower Wednesday morning after the company posted its first quarter results, revealing gross bookings fell below estimates. However, revenue grew 15% year over year to $10.13 billion. In contrast, Lyft (LYFT) shares are rising as the company beat revenue expectations on the top and bottom line for its first quarter results. In addition, the company grew active ridership, exceeding expectations, at its fastest pace since 2022. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for both companies and what they could mean for the stocks moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
