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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
<body><p>STORY: Shares of Uber rose eight and a half percent Wednesday after the company said bookings in the second quarter could hit nearly $58 billion, exceeding Wall Street estimates.</p><p>It also gave an earnings forecast that was largely above the consensus forecast of analysts, though revenue in the first quarter missed estimates.</p><p>Uber is seeing strong demand for its ride-hailing and delivery services even though the Middle East conflict weighed on its growth.</p><p>One analyst told Reuters demand is holding up, and Uber can gain market share in the US suburbs and international markets.</p><p>In terms of its business overseas, Uber pointed to strong performance in Australia and new markets such as Denmark.</p><p>Uber also said its growing adoption of artificial intelligence tools is helping moderate the pace of hiring by improving productivity across its operations.</p><p>When it comes to autonomous vehicles, Uber is pursuing a partnership-led approach, working with more than 20 companies to integrate robotaxis onto its platform rather than building the technology itself.</p></body>
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 (UBER) and Maplebear (CART) (Instacart's parent company) both reported quarterly earnings on Wednesday. BNP Paribas US large-cap internet equity analyst Nick Jones joins Yahoo Finance's Josh Lipton to discuss the key differences between the two companies and why he thinks Uber has much more room to run.
Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select
Uber posts a Q1 EPS beat as revenues increase 14% y/y, with Delivery up 34% and total gross bookings topping guidance.
Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector
Uber Freight management is celebrating a year-on-year increase in revenue. The post After a long gap, Uber Freight’s revenue turns higher from year earlier appeared first on FreightWaves.
Moby summary of Uber Technologies, Inc.'s Q1 2026 earnings call
Lucid Group (NASDAQ:LCID) saw its Morgan Stanley price target cut in half to $5 from $10 on May 6, with the firm keeping its Underweight rating. The cut follows a 29-day stop-sale on the Gravity SUV tied to a supplier quality issue, suspension of full-year guidance, and an unresolved CEO transition. For LCID stock investors, ... Morgan Stanley Slashes Lucid Price Target in Half: Stop-Sale, CEO Hunt Spell Deep Trouble
Rivian set the stage with Amazon, but Uber will bring it to another level.
UBER expands Uber Eats grocery delivery with Ahold Delhaize USA, adding nearly 2,000 Northeast/Mid-Atlantic stores, promos, Uber One perks and SNAP/EBT.
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...
Short seller James Chanos has questioned investor Cathie Wood-led investment firm ARK Invest‘s prediction that Robotaxis could become a $34 trillion market by 2030. A Bold Prediction Quoting a post by Ark Invest on the social media platform X on Monday, Chanos questioned Ark’s approach. The investment firm shared that over 90% of the $34 trillion opportunity would be going to the “technology providers,” adding that Uber Technologies Inc. was also vying to be a part of the market and was investin
Lucid (LCID) shares are expected to remain under pressure until incoming Chief Executive Officer Sil
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
Amazon (NASDAQ:AMZN) just delivered its fifth consecutive quarter beating Wall Street’s EPS bar, and the trailing P/E of 33x is doing something that should not be possible for a business growing the way this one is. The thesis is simple. Amazon owns the rails of two enormous businesses, cloud computing and online retail, and is ... 60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sell.
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.
Tech futures are pointing to a strong open, with the Nasdaq Composite (^IXIC) leading the charge with a 1% increase on the heels of yesterday’s record-setting performance. Gains arrive on the back of blowout chip earnings and a sharp retreat in crude prices tied to signs of diplomatic progress between Washington and Tehran. AMD (Nasdaq: ... Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes
Every retail investor with a brokerage app is staring at Uber (NYSE:UBER) right now, drawn in by robotaxi headlines and a $152.16B market cap that has turned the rideshare giant into the default gig-economy proxy. The data underneath the headlines tells a different story. The Uber story has quietly broken down underneath the noise. Q4 ... Everyone’s Talking About Uber. Smart Money Is Watching Grab’s Profitability Inflection Instead
The S&P 500 (^GSPC) is set to extend a record run as crude tumbles and traders welcome signs the Iran conflict could be winding down. Stocks are soaring because the Strait of Hormuz appears clear and a chip-led rally is rolling into a second day. The PHLX Semiconductor Index (^SOX) has ballooned by 9.4% over the ... S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows
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
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