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Uber’s stock falls in the face of its ‘strongest quarter ever.’ Here’s why.
The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current quarter.
Why Uber Stock Is Falling After Earnings
Uber stock is lower Wednesday as the ride-hailing firm's soft first-quarter outlook offsets its strong fourth-quarter results. Here's what you need to know.
Uber projects quarterly bookings below estimates hurt by strong dollar
Uber Technologies forecast current-quarter bookings below Wall Street estimates on Wednesday, joining a slew of U.S. companies in warning that a strong dollar could hurt the first three months of 2025,
Uber Shares Fall on Weak First-Quarter Gross Bookings Guidance
Uber Technologies Inc. issued a first-quarter bookings outlook that disappointed analysts, cautioning that currency headwinds and severe winter weather would have an impact on trips and deliveries in the current period.
Uber notches ‘strongest quarter ever’ and talks up driverless vehicle push
Chief executive Dara Khosrowshahi says ride-hailing group achieved record highs for trips taken and gross bookings
Uber Announces Results for Fourth Quarter and Full Year 2024
Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter and full year ended December 31, 2024. "Uber ended 2024 with our strongest quarter ever, as growth accelerated across MAPCs,
Here's Why Uber Stock Dipped Today
Shares of ride-sharing company Uber Technologies (NYSE: UBER) dipped on Wednesday after the company reported financial results for the fourth quarter of 2024. The Q4 results were fine but the forward guidance fell short of what investors were hoping for.
2h
on MSN
Here’s Why Uber Technologies Inc. (UBER) Crashed on Wednesday
We recently compiled a list of the 10 Firms Defy Wednesday’s Broader Market Optimism. In this article, we are going to take a ...
12h
Uber CEO says making self-driving taxis mainstream will 'take way, way longer'
Uber CEO Dara Khosrowshahi described fleets of self-driving cars as a long way off, given challenges such as parking and ...
15h
on MSN
Uber's lower-than-expected bookings forecast, Q4 profit miss drag down shares
By Akash Sriram (Reuters) -Uber Technologies on Wednesday forecast first-quarter bookings short of estimates due to a strong ...
17h
on MSN
Uber Earnings: EPS Surges to $3.21
Uber Technologies exceeded market projections in its latest earnings report, revealing robust growth despite ongoing ...
18h
on MSN
Uber beats fourth-quarter revenue expectations but offers soft guidance
Uber’s mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting ...
8h
on MSN
Uber opens waitlist for Waymo robotaxi rides in Austin. Here's how to sign up
The long-awaited partnership between Uber and Waymo has hit the road in Austin as the brands announced riders are now able to ...
16h
Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
8h
on MSN
Waymo just popped up on the Uber app in Austin ahead of robotaxi launch
Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their ...
15h
on MSN
Uber to Austin: get ready for Waymo
Uber is inviting customers to join an interest list if they want to ride in a Waymo robotaxi.
16h
on MSN
Uber stock falls as operating-income miss overshadows revenue surge
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, ...
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