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Uber shares surge after strong first-quarter results, bullish guidance
Proactive101d 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...

Lucid Sales Miss Estimates as Supplier Issue Slows EV Deliveries
Bloomberg101d agobearish
Lucid Sales Miss Estimates as Supplier Issue Slows EV Deliveries

(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

Bloomberg101d agobearish
Lucid Sales Miss Estimates as Supplier Issue Slows EV Deliveries

(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

Bloomberg101d agobullish
Uber Beats on Bookings Outlook in Sign of Growing US Demand

(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 forecasts strong second-quarter bookings despite Middle East woes
Reuters101d agoneutral
Uber forecasts strong second-quarter bookings despite Middle East woes

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.

Lucid Group Q1 Earnings Call Highlights
MarketBeat102d agoneutral
Lucid Group Q1 Earnings Call Highlights

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

Uber rolls out a genius new perk customers will love
TheStreet104d agoneutral
Uber rolls out a genius new perk customers will love

Modern life runs on a stolen resource. Time slips away by 7:43 a.m. on a Tuesday, somewhere between a sleeping kid, a half-zipped duffel, and a car that's three minutes away. For most of its existence, Uber (UBER) sold a single product against that scarcity. You opened the app, you got a car, you ...