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Uber stock falls
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, hitting shares.
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 and Waymo start countdown for Austin launch next month
Uber and Waymo start the countdown for Austin launch next month
In its Q4 2024 earnings call on Wednesday morning, CEO Dara Khosrowshahi said Uber plans to launch with Waymo "in Austin next month and Atlanta this summer." Uber has been investi
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 sign up for rides.
Uber opens waitlist for driverless Waymo rides in Austin
Uber app users in Austin can now get on an “interest list” for a chance to match with Waymo autonomous cabs, according to The New York Times. The rides aren’t available yet, but they’re coming to a 37 square miles area of the city in "early 2025" according to Bloomberg.
18h
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 ...
22h
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.
23h
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 ...
22h
Uber Q4 Earnings: Revenue Beat, Growth In Rides, Delivery And Autonomous Tech, CEO Calls It Strongest Quarter
Uber reports 20% revenue growth in Q4 2024, beating analyst expectations. EPS missed consensus, leading to a stock plunge.
21h
Uber sees 17%-21% gross bookings growth in Q1 2025 with strong mobility and delivery momentum
Khosrowshahi projected Q1 2025 gross bookings growth of 17%-21% in constant currency, with continued profit expansion. He reiterated confidence in Uber's ability to deliver on its three-year growth ...
16h
Uber Is Making Progress Expanding Its Autonomous Vehicle Capabilities
Shares of Ride-hailing giant Uber Technologies (UBER) took a hit today due to disappointing guidance for FY25 and an increase in currency risk.
5h
Uber's Strong Q4 Offset By $1.1 Billion Forex Headwind, Currency Devaluation: Ongoing Tariff Wars Drive Weak Q1 Outlook
Uber Technologies shares plunged after its Q4 earnings thanks to foreign exchange headwinds amid stronger dollar and earnings ...
Opinion
2d
Opinion
Uber & Lyft put the brakes on drivers
The city Taxi and Limousine Commission will hold a hearing on Feb. 5 to consider proposals that would raise pay for Uber and ...
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