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Uber Rises on Earnings Report, Says Competition With Lyft to Get ‘More Healthy’

Uber Rises on Earnings Report, Says Competition With Lyft to Get 'More Healthy'

Uber Rises on Earnings Report, Says Competition With Lyft to Get ‘More Healthy’

Lyft is down roughly 28% since its stock market debut in March, though its shares were rising 3.7% on Friday following Uber’s earnings report. … Continue reading at msn.com

Uber's First Earnings Report After I.P.O.: Billion Loss

SAN FRANCISCO -- Uber's start as a publicly traded company has gone from bumpy to bumpier. In its first earnings report since listing its shares on the stock market this month, the ride-hailing giant … Continue reading at nytimes.com

Why Is ITT (ITT) Down 1.6% Since Last Earnings Report?

It has been about a month since the last earnings report for ITT (ITT). Shares have lost about 1.6% in that time frame, outperforming the S&P 500. Will the recent negative trend continue leading … Continue reading at finance.yahoo.com

Earnings Reports

Here Are Key Trading Levels for Uber After First Earnings Report

Uber (UBER) traded mixed Friday after reporting its first earnings report as a public company. Shares rose about 1.75% to $ 40.50 in midday Friday trading. The action comes as U.S. equities try to … Continue reading at thestreet.com

Dominion Energy (D) Down 3.5% Since Last Earnings Report: Can It Rebound?

It has been about a month since the las t earnings report for Dominion Energy (D). Shares have lost about 3.5% in that time frame, outperforming the S&P 500. Will the recent negative trend continue … Continue reading at nasdaq.com

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Earnings Reports

Why Is ImmunoGen (IMGN) Down 26% Since Last Earnings Report?

A month has gone by since the last earnings report for ImmunoGen (IMGN). Shares have lost about 26% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading … Continue reading at finance.yahoo.com

Buy Palo Alto Stock on Post-Earnings Weakness

Consequently, its near-term weakness is a buying opportunity. Don't Pay Too Much Attention to the Weakness of Its Earnings Report There are two major reasons why Palo Alto Networks stock dropped … Continue reading at investorplace.com

Marriott Earnings Preview: The Sentiment Is More Bearish Than It Should Be

Marriott will report first-quarter earnings results before the open on Friday. Analysts expect the company to report $ 1.34 EPS which matches the first quarter of 2018. After falling throughout 2018, … Continue reading at seekingalpha.com

Gibraltar Industries (ROCK) Down 9.9% Since Last Earnings Report: Can It Rebound?

A month has gone by since the las t earnings report for Gibraltar Industries (ROCK). Shares have lost about 9.9% in that time frame, underperforming the S&P 500. Will the recent negative trend … Continue reading at nasdaq.com

Nvidia earnings: Data-center weakness continues to create fear

Nvidia Corp. is about to be a test case for a potential cloud slowdown, after earlier earnings reports from chip makers indicated an industry-wide slump in data-center sales. When Nvidia NVDA, -1.47% … Continue reading at marketwatch.com

* Uber's billion valuation is all the buzz in the world of tech startups and transportation, but is there something more sinister going on underneath the hood?

Watch more of the “Nailed It! With Vonetta Logan” series here: http://ow.ly/Eypz7

The reason this disruptive tech startup can double revenue every six months will shock and amaze you. Find out how Uber packages the American Dream, monetizes your safety and greases the wheels of local politics.

Nailed It! With Vonetta Logan is a weekly program dedicated to a hot topic in business. Vonetta takes a comedic look at what’s going down on Wall St.

You can watch a new Nailed It! episode and check out all previous episodes everyday at http://ow.ly/EypHi

Want more Vonetta? Check out her latest podcast, “Connect the Dots!” https://goo.gl/1jdLwJ

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Earnings Reports

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Comments

    • Boba Fett
    • June 3, 2019

    You ride share drive, you make between 6 and 6.50 an hour while trashing your car. Just find a real job.

    View Comment
    • J Beats
    • June 3, 2019

    Lol 'double bag it'

    View Comment
    • Ernest Riley
    • June 3, 2019

    They are worth over 70billions

    View Comment
    • pressrepeat2000
    • June 3, 2019

    Vonetta's delivery is awesome.

    View Comment
    • Darrin Nelson
    • June 3, 2019

    Here is what is going on with Uber. Immigrants are coming into the country and they have a relative or a contact who makes an Uber account for them. The immigrant drives the car all day… may or may not even have a license… and you get into the car without a clue about this. The person who made the account for the immigrant person makes the money and they give the lowly immigrant a small cut of the coin.

    View Comment
    • jerry hayes
    • June 3, 2019

    go to law school you got it down pat.

    View Comment
    • dale carney
    • June 3, 2019

    II have done both, Lyft eats Uber lunch,

    View Comment
    • Ruby Ahlo-ruiz
    • June 3, 2019

    You are awesome, I need to learn from you. Let's talk love the way you share information.

    View Comment
    • Dan Feldeshi
    • June 3, 2019

    Don't like it don't use it! Not paying enough? Don't drive for Uber! Nobody makes you!

    View Comment
    • Jarvis Blay
    • June 3, 2019

    NOBODY WITH REAL COMMON SENSE WOULD EVER ALLOW CRIMINALS WHO DRIVE FOR A CRIMINAL ENTERPRISE LIKE UBER TAKE THEM UP THE BLOCK , MUCH LESS TOO THE FREAKING WALMART FRONT DOOR LMAO !!

    View Comment
    • Xof Redlum
    • June 3, 2019

    Here's the REAL secrets you NEED to know. Lyft and Uber do nothing but manipulate and take advantage of their drivers. They take a huge chunk of every ride you give while you do all the work. You pay for gas, you waste your time driving around hoping for a customer and end up with a completely destroyed car with 200,000 miles on it before you know it. Lyft and Uber do NOTHING but make an app and because of that they feel they can pay their drivers illegal wages. Expect to end up with constant repairs for brakes $500, Tires $200, Oil changes $200, maintenance $500 (YEARLY). Then of course the Gasoline you buy will be at least 10% up to 25% of your income. Remember Lyft and Uber already take 25% off the top. These greedy ridesharing companies fight with all the Billions they make off the drivers to fight cities like NY and Seattle who want to ensure rideshare drivers make at least the minimum wage set by law. The pathetic CEO's of these companies are lying and cheating the system and must be help accountable for their slave labor practices. On top of that, Lyft and Uber do not screen the passengers who they allow to use the app. This means as a Lyft or Uber driver, you may be giving rides to very dangerous people. Lyft and Uber put drivers lives in jeopardy every day. The biggest LIE is that you will make some quick cash. In fact you will end up paying for a new vehicle within 2 years, if you do not end up in an accident – which Lyft and Uber's BS insurance coverage with HUGE $2000 deductibles – no one can afford – will not protect you. One thing every driver I know figures out very quick, there is no money to be made at Uber or Lyft. Only lies and manipulation of the system. The first month they artificially send riders to you – after they hook you then you no longer get preferential treatment and they move onto the next new sucker. Eventually it all ends up the same. A driver has no vehicle left and is out of a job and a vehicle. Uber and Lyft just move on to the next sucker. Uber and Lyft are good for only themselves. Uber recently jacked up their rates and yet the drivers get less. Greedy bastards. Never work for ridesharing and if you are – get out while you still have a vehicle to use. Amazon Flex is no better but with 2 people you can make some money and do not waste all your costs on fuel alone. Until these companies are stopped they will continue to take advantage of their drivers – all the way to the bank.

    View Comment
    • Steven Rogers
    • June 3, 2019

    It's a shareconomy not a share economy:P

    View Comment
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