Uber Eats

Like rival Lyft Inc (NASDAQ: LYFT), Uber Technologies Inc (NYSE: UBER) reported mixed first-quarter earnings with a big bottom-line miss and significant top-line beat. But by and large, analysts offered glass-half-full interpretations. The Details Morgan Stanley celebrated 20% rides bookings growth...

Uber Technologies Inc(NYSE: UBER) reported quarterly losses of $1.70 per share on Thursday, which missed the analyst consensus estimate by 87 cents. The company reported quarterly sales of $3.543 billion, which beat the analyst consensus estimate of $3.51 billion. This is a 14.33% increase...

Uber Technologies Inc.’s (NYSE: UBER) food delivery arm Uber Eats’ head Jason Droege has resigned. What Happened Pierre-Dimitri Gore-Coty, who is the Vice President of International Rides at Uber, will replace Droege as the head of Eats. Droege will stay at the helm at Eats until June...

A big step toward profitability at Uber Technologies Inc (NYSE: UBER) and a stated interest at the company in ramping toward making money more quickly boosted the ride-hailing company's credibility on Wall Street, prompting sell-side analysts to boost price expectations on the stock. Analysts...

Uber Technologies, Inc. (NYSE: UBER) crushed expectations for fourth-quarter earnings, while losing less per share than expected. The ride-hailing pioneer on Thursday reported quarterly revenue of $6.069 billion, topping the analyst consensus estimate of $4.06 billion by nearly 50%....

Uber Technologies Inc (NYSE: UBER) holds a leadership position in its two main driving units and the stock looks "attractive" at around 3.3 times 2020 estimated adjusted net revenue, according to JPMorgan. The Analyst Doug Anmuth initiated coverage of Uber's stock with an Overweight...

Uber Eats is no longer an exclusive partner of McDonald's Corporation (NYSE: MCD), as the latter has signed Just Eat PLC (OTC: JSTLF) as its second exclusive food delivery partner in the United Kingdom and Ireland on Tuesday. What Happened "We are delighted to announce that we have...

Uber Technologies Inc (NYSE: UBER) CEO Dara Khosrowshahi spoke to CNBC from the sidelines of the World Economic Forum and covered several key topics on shareholders minds. Travis Kalanick Uber's co-founder and ex-CEO Travis Kalanick sold nearly his entire stake in Uber by the end of 2019 as...

GrubHub (NYSE: GRUB) is considering a possible sale of the company or an acquisition due to increased competition in the food delivery sector and decline in its shares, according to The Wall Street Journal, citing people familiar with the matter. GrubHub has reportedly tapped financial advisers to...

Uber Technologies Inc (NYSE: UBER) co-founder Travis Kalanick resigned as CEO in 2017 and confirmed this week that he will leave the ride-hailing company's board by the end of the year.   Wedbush Analyst Unsurprised  Kalanick's resignation is far from surprising, as he has...

Uber Technologies Inc (NYSE: UBER) is reportedly in talks to sell its food delivery business in India and a potential M&A deal is "particularly important" to the company, according to Morgan Stanley. The Analyst Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber...

McFlurry lovers have been waiting seven years for a new flavor to be available. This week, McDonald's Corp (NYSE: MCD) announced a new ice cream treat: Snickerdoodle McFlurry. What Happened McDonald's new McFlurry consists of a combination of vanilla soft serve yogurt with sweet...

Uber Technologies Inc (NYSE: UBER) investors are taking another big hit on Wednesday, with the stock dropping more than 4% to new all-time lows as insiders dump shares following the company’s first major lockup expiration since its IPO. Uber shares are now down more than 21% since Whitney...

Uber Technologies Inc (NYSE: UBER) exceeded third-quarter expectations with $3.8 billion in revenue and a loss per share of 68 cents. For investors, that wasn’t enough. A Tuesday sell-off cut Uber’s stock by more than 7%, but for analysts, the report was generally celebrated. Rearview...

A rough year for GrubHub Inc (NYSE: GRUB) investors got even worse on Tuesday when the stock dropped more than 43% following its third-quarter earnings report. While GrubHub bulls got hammered, short sellers pocketed more than half a billion dollars. Big Day For Shorts GrubHub shorts more than...