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UBER Jun 2024 82.500 call
| Previous close | 1.2100 |
| Open | 1.1500 |
| Bid | 0.9700 |
| Ask | 1.0700 |
| Strike | 82.50 |
| Expiry date | 2024-06-21 |
| Day's range | 0.8900 - 1.2400 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.66k |
- Yahoo Finance Video
Uber earnings, Fedspeak: What to Watch
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
Barrons.comUber Expected to Perform Well When It Reports Earnings
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.
- 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.
