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Reuters89d agoneutral
Fintech dLocal posts first-quarter profit down 10%

Payments provider dLocal on Thursday reported a 10% dip in ‌its first-quarter net profit missing ‌analyst estimates as a one-off tax charge and ​higher expenses offset a surge in payment volumes. Net profit for the period hit $41.9 million, falling short of the $48.9 million ‌expected by ⁠analysts. Total payment volume (TPV) surged 73% to $14.1 billion, up from $8.1 billion ‌a year earlier.

Uber just hit an impressive 50M milestone
TheStreet89d agoneutral
Uber just hit an impressive 50M milestone

Fifty million is a number worth pausing on. That's how many people now pay for Uber One, the company's subscription program, and it says a lot about where Uber Technologies is headed. CEO Dara Khosrowshahi called it a "unique advantage" over competitors during the company's first-quarter 2026 ...

Cerebras Crashes AI Party With Breakout IPO
Moby89d agobearish
Cerebras Crashes AI Party With Breakout IPO

The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago

WeRide Q1 Earnings Call Highlights
MarketBeat90d agoneutral
WeRide Q1 Earnings Call Highlights

WeRide (NASDAQ:WRD) reported first-quarter 2026 revenue growth of 58% year over year, as management pointed to expanding Robotaxi deployments, broader autonomous driving commercialization and traction for its L2++ advanced driver assistance system. Founder, Chairman and CEO Dr. Tony Han said total

Joby Aviation Q1 Earnings Call Highlights
MarketBeat93d agoneutral
Joby Aviation Q1 Earnings Call Highlights

Joby Aviation (NYSE:JOBY) reported what executives described as another quarter of progress toward commercial electric air taxi operations, highlighting new U.S. demonstration opportunities, certification milestones, manufacturing expansion and a stronger cash position following recent capital raise

Ibotta Q1 Earnings Call Highlights
MarketBeat93d agoneutral
Ibotta Q1 Earnings Call Highlights

Ibotta (NYSE:IBTA) reported first-quarter results ahead of its prior guidance and said it still expects to return to year-over-year revenue growth in the third quarter of fiscal 2026, as the digital promotions company points to improving offer supply, growing third-party publisher activity and new p

Investing.com93d agoneutral
Morgan Stanley outlines 5 key themes across the gig economy

Investing.com -- Morgan Stanley identified five thematic trends across the gig economy following simultaneous earnings from DoorDash Inc (NASDAQ:DASH), Uber Technologies Inc (NYSE:UBER) and Instacart (NASDAQ:CART), while raising its Snap price target 8% to $7.

Reuters95d agobullish
Uber-backed Lime reveals revenue surge in US IPO filing

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.

Expedia Group Q1 Earnings Call Highlights
MarketBeat96d agoneutral
Expedia Group Q1 Earnings Call Highlights

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 Q1 Earnings Call Highlights
MarketBeat96d agoneutral
Airbnb Q1 Earnings Call Highlights

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

Bloomberg96d agobearish
Lyft Earnings Miss Estimates After Global Expansion Push

(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

Uber, DoorDash earnings show consumer spending is still resilient
Yahoo Finance Video96d agoneutralVIDEO
Uber, DoorDash earnings show consumer spending is still resilient

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.

SoftBank Stock Surges on Chip Optimism
The Wall Street Journal96d agobullish
SoftBank Stock Surges on Chip Optimism

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.

DoorDash Stock Rallying After Q1 Earnings Beat
Investor's Business Daily97d agobullish
DoorDash Stock Rallying After Q1 Earnings Beat

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.

Uber shares surge after strong first-quarter results, bullish guidance
Proactive97d agobullish
Uber shares surge after strong first-quarter results, bullish guidance

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...