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Gary Vee Calls Not Investing In Uber Angel Round One Of His 'Greatest Mistakes': 'People Value Time Over Everything'
Tuesday, July 9, 2024 - 6:13pm | 1075Serial entrepreneur and investor Gary Vaynerchuk (aka Gary Vee) was an early investor in companies like Facebook, Twitter, Tumblr, Snap and Venmo. Vee was also an early investor in Uber, before the company completed a highly anticipated IPO in May 2019. What Happened: Ride-share company Uber...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, July 5, 2024 - 11:49am | 1706Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods...
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Elon Musk Now Follows Uber Founder On X: Foreshadowing For Robotaxi Day Or Coincidence?
Tuesday, July 2, 2024 - 10:58am | 822Electric vehicle leader Tesla Inc (NASDAQ:TSLA) reported second-quarter deliveries Tuesday morning before market open. While the deliveries served as a catalyst for the stock, analysts and investors may turn their attention now to the next catalyst, which centers on Tesla's robotaxi aspirations....
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Lyft Shares Rise On Better-Than-Expected Q1 Results (CORRECTED)
Wednesday, May 8, 2024 - 5:28pm | 333Editor’s note: The headline and body of this story have been updated to correct an error in the reporting of Lyft’s first-quarter earnings per share figure. Lyft, Inc. (NASDAQ:LYFT) reported its first-quarter financial results after the bell Tuesday. Here's a look at the details. The...
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Uber's Stock Surge: Navigating All-Time-Highs Ahead Of Q4 Earnings
Tuesday, February 6, 2024 - 4:03pm | 715Uber Technologies Inc (NYSE:UBER) will report its fourth-quarter earnings on Feb. 7. Wall Street expects 15 cents in EPS and $9 billion in revenues as the company reports before market hours. The company's stock is up over 105%% over the past year, about 13% in 2024 so far. The stock is currently...
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Lyft Q2 Earnings Highlights: Revenue Beat, EPS Beat, Q3 Guidance, Rides Up 18% YoY And More
Tuesday, August 8, 2023 - 4:38pm | 424Mobility company Lyft Inc (NASDAQ: LYFT) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Lyft reported second-quarter revenue of $1.02 billion, which was up 3% year-over-year. Ther revenue figure came in line with a Street...
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Uber's Top-Level Executive Carousel: CFO Chai To Exit, Latest In A String Of Departures
Tuesday, July 11, 2023 - 3:18pm | 534Uber Technologies Inc (NYSE:UBER) is bracing for a shift in its top brass with Chief Financial Officer Nelson Chai planning his exit — the most significant executive departure since the ride-hailing giant’s 2019 IPO. Chai, a seasoned financial veteran, had been instrumental in navigating Uber...
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Top Pick Uber Poised For Growth, While Lyft And Doordash Hold Steady: Sector Analysis
Thursday, June 8, 2023 - 1:33pm | 570Wells Fargo has started its coverage of the large cap internet sector by assigning an Overweight rating to UBER Technologies, Inc. (NYSE:UBER), while providing Equalweight ratings for Lyft, Inc. (NASDAQ:LYFT) and Doordash, Inc. (NYSE:DASH). A team of equity analysts, led by Ken Gawrelsky, at the U....
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Booking And Uber Top Online Travel And Mobility Stocks, Says Analyst: Will There Be Turbulence This Summer?
Tuesday, June 6, 2023 - 12:03pm | 507Wedbush Securities on Tuesday initiated coverage on multiple stocks in the Online Travel and Mobility sector, signaling potential upside for all of them, with Booking Holdings Inc (NASDAQ:BKNG) being assigned to the Wedbush Best Ideas List. The Wedbush Analyst: Scott Devitt initiated coverage on...
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Lyft Q1 Earnings Highlights: Revenue And EPS Beat, Guidance Disappoints And More
Thursday, May 4, 2023 - 5:33pm | 375Ride-sharing service Lyft Inc (NASDAQ: LYFT) reported first-quarter financial results after market close. Here are the key highlights. What Happened: The San Francisco-based company reported first-quarter revenue of $1 billion, up 14% year-over-year. According to data from Benzinga Pro, the revenue...
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Uber Analyzed Post-Q1: Ride Frequency, Cost Cuts, Alcohol, Super Bowl Yield Higher Targets
Wednesday, May 3, 2023 - 11:48am | 791Mobility company Uber Technologies (NYSE: UBER) reported first-quarter financial results, with revenue beating consensus estimates from analysts. Here’s a look at what analysts are saying after the report. The UBER Analysts: RBC analyst Brad Erickson has an Outperform rating and a price...
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Uber CEO On What's Driving Accelerated Growth, Timetable For Profitability, AI Potential
Tuesday, May 2, 2023 - 11:59am | 632Uber Technologies Inc (NYSE: UBER) reported better-than-expected quarterly results on Tuesday showing strong bookings growth. CEO Dara Khosrowshahi detailed the company's acceleration following the print. What Happened: Uber reported first-quarter revenue of $8.82 billion, which...
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Lean And Mean? Looking At Uber Just Months After CEO's Memo
Wednesday, February 8, 2023 - 2:06pm | 365Uber Technologies Inc (NYSE: UBER) CEO Dara Khosrowshahi delivered on his bombshell memo to employees back in May of last year, saying the rideshare giant would cut costs and treat hiring like a “privilege,” as the company was addressing a shift in investor sentiment. What Happened:...
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Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings
Tuesday, November 8, 2022 - 12:09pm | 740Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...
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Lyft Q3 Earnings Highlights: Record Revenue, Guidance Disappoints, Why Shares Are Falling
Monday, November 7, 2022 - 6:04pm | 341Ride-share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after market close Monday. Here are the key highlights. What Happened: Lyft reported third-quarter revenue of $1.05 billion, up 22% year-over-year. The revenue total missed a Street estimate of $1.06 billion...