State ballot measures aren’t generating as many headlines as this year’s key congressional races, but some are worth tracking as they touch on the gig economy, immigration and more. “Though Read more
Tag: Uber Technologies Inc.
Uber stock surges as company beats revenue estimates, despite $1.2 billion loss
Uber Technologies Inc. stock rose sharply Tuesday morning as the company’s third-quarter revenue climbed 73% year over year, exceeding expectations, and executives issued an optimistic outlook for the current quarter. Read more
Uber earnings: What to expect
Uber Technologies Inc. is scheduled to release third-quarter earnings Tuesday morning before trading begins in the U.S. Analysts expect Uber UBER, -3.38% to report a revenue increase of nearly 70% Read more
As DoorDash stock hits lowest price ever, analysts track a slowdown in food delivery
The food-delivery business has seen lots of ups and downs this year — shutdowns, layoffs, consolidations — as consumers resume their pre-pandemic ways. Now, data and insider commentary about the Read more
Uber to allow marketers to target riders with ads based on destination
Ride-hailing company Uber Technologies Inc. UBER, -1.21% wants to help marketers target consumers with ads based on where they have been and where they are going. Uber announced the new capability as Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
New union rallies at Uber HQ with ‘a core goal of winning union rights for gig workers’
Ride-hailing drivers, delivery workers and their supporters on Wednesday converged in front of Uber Technologies Inc.’s San Francisco headquarters to announce that they have formed a union. The California Gig Read more
‘Gig work’ rule is in Biden administration’s crosshairs, sending DoorDash and Lyft stocks to all-time lows
The Labor Department on Tuesday proposed a rule that could cut at the heart of the business models of Uber Technologies Inc., Lyft Inc., DoorDash Inc. and other companies that Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more