Tag: Uber

Uber shares tumble 9% on surprise net loss, weak second-quarter forecast

 stock analyst  05/08/2024  0 Comments on Uber shares tumble 9% on surprise net loss, weak second-quarter forecast

The report suggests that Uber\’s growth could be slowing after a strong 2023 in which it dominated the U.S. ride-share market and delivery business and posted its first annual profit.

Uber and Lyft delay their plans to leave Minneapolis

 stock analyst  04/12/2024  0 Comments on Uber and Lyft delay their plans to leave Minneapolis

(Reuters) – Ride-hailing companies Lyft (NASDAQ:LYFT) and Uber (NYSE:UBER) will extend their services in Minneapolis till July 1, they said on Thursday, after city officials voted a day earlier to push back the start of a driver pay raise by two months.