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 Shares Fall on Earnings Miss Amid Rising Legal Expenses
Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, citing legal and regulatory expenses, and cautioned that currency headwinds would have an impact on first-quarter bookings.
Uber shares drop 8% on mixed fourth-quarter results
Shares of Uber Technologies Inc. dropped 8% in trading today after the company reported better-than-anticipated revenue for the fourth quarter but missed earnings expectations.
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.
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 ...
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 ...
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Uber Will Soon Let You Hail a Self-Driving Vehicle in Austin
Uber is one step closer to letting customers hail a self-driving vehicle in Austin, Texas, through its app. The company on ...
Uber Earnings: EPS Surges to $3.21
Uber Technologies exceeded market projections in its latest earnings report, revealing robust growth despite ongoing ...
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.
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 ...
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 ...
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 ...