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Lime, which operates an electric bike and scooter network and is backed by Uber Technologies, reported a jump in yearly revenue in its filing for a U.S. initial public offering. The San Francisco-based startup did not reveal the terms of the offering in the filing. Activity in the U.S. IPO market has rebounded after a slowdown earlier in the year linked to volatile equity markets and the war in the Middle East.
Uber's future is all about robotaxis.
Expedia Group (NASDAQ:EXPE) reported first-quarter 2026 results that exceeded management’s expectations, with CEO Ariane Gorin citing “solid execution” and progress on strategic priorities despite what she described as a “mixed macro environment.” CFO Scott Schenkel said results came in “above the h
Airbnb (NASDAQ:ABNB) executives said the company started 2026 with momentum across demand, product improvements, and international expansion, while acknowledging an approximate 100 basis point headwind to nights and seats booked from conflict in the Middle East. First-quarter results and demand tre
(Bloomberg) -- Lyft Inc. reported profit in the first quarter that fell short of Wall Street’s estimates after it spent heavily on an international expansion and on adding higher-end offerings like chauffeur services.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSo
Ride share app Uber (UBER) and food delivery service DoorDash (DASH) released strong first quarter earnings results. Roth Capital Partners managing director Rohit Kulkarni elaborates on what earnings figures from these companies — and Amazon Prime (AMZN) — show about the strength of the US consumer and how they are spending.
Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.
Moby summary of Ibotta, Inc.'s Q1 2026 earnings call
DoorDash stock rallied late Wednesday after the food-delivery company reported first-quarter earnings that beat estimates despite revenue slightly below expectations. For the March-ended quarter, DoorDash earned 44 cents per share, up slightly from 42 cents a year earlier. Sales increased 33% to $4 billion, below analyst estimates of $4.2 billion.
Moby summary of Uber Technologies, Inc.'s Q1 2026 earnings call
Shares of Uber Technologies Inc (NYSE:UBER, XETRA:UT8) jumped 8.4% on Wednesday after the ride-hailing and delivery giant reported first-quarter results that beat earnings expectations and issued second-quarter guidance above consensus estimates. Uber posted first-quarter revenue of $13.2...
In today's segment of Trending Tickers, Market Catalysts host Julie Hyman outlines why shares of CVS (CVS), Uber (UBER), and Super Micro Computer (SMCI) are all surging in Wednesday's trading session.
Uber Technologies (UBER) on Wednesday issued a bookings growth outlook that surpassed Wall Street's
Uber posted weaker than expected revenues for the first quarter as its mobility business was buffeted by conflict in the Middle East, but the...
(Bloomberg) -- Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works to align output with a challenging EV demand environment.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs
Uber (NYSE:UBER) rose sharply in premarket trading on Wednesday after the transportation and delivery platform reported first-quarter earnings that exceeded Wall Street expectations. The company posted earnings per share of $0.
The ride-hailing company's first-quarter revenue fell short of Wall Street expectations, but its Q2 bookings outlook topped analyst estimates
Uber stock jumped early Wednesday after the ride-hailing and food-delivery company reported mixed first-quarter results.
(Bloomberg) -- Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works to align output with a challenging EV demand environment.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs
Investing.com -- Uber Technologies shares jumped in Wednesday premarket trading after the ride-hailing and delivery giant posted first-quarter earnings that beat analyst estimates.
The ride-hailing company reports better-than-expected earnings and gross bookings in the first quarter.
(Bloomberg) -- Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weigh
Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth. Uber said it expects gross bookings of $56.25 billion to $57.75 billion for the June quarter, above analysts' average estimate of $56.07 billion, according to data compiled by LSEG. It factors in a roughly 60 basis-point drag from the Middle East conflict.
U.S. stocks looked set to extend record highs after Trump walked back an effort to guide commercial ships through the Strait of Hormuz, easing concerns of a near-term escalation in the U.S.-Iran war.
Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
Lucid Group (NASDAQ:LCID) executives emphasized an expanded autonomy partnership, new financing, and a renewed focus on cost and execution during the company’s first-quarter 2026 earnings call, while also suspending prior guidance as incoming CEO Silvio Napoli begins a review of the business. Leade
Lucid reported a first-quarter loss of almost $1 billion. Wall Street was looking for a loss of about $864 million.
Uber is set to report earnings Wednesday morning, with the rideshare giant's stock seen making a big move following the results.
Strong growth meets rising costs and big bets