How Uber pulled off its stunning turnaround from money pit to cash machine

[ad_1] Uber Technologies Inc. continues to defy the doubters, racking up new profitability milestones even as it chases ever-larger ambitions. The company’s disclosure of its first-ever quarterly operating profit Tuesday…

Uber’s first-quarter revenue jumps 29% as ride-sharing business grows

[ad_1] Uber Technologies forecast quarterly core earnings above estimates on Tuesday, after a surge in demand for travel and food deliveries helped the US ride-sharing business to report better-than-expected results…

WSJ News Exclusive | Uber Working With Auto Makers to Design EVs Customized for Ride-Sharing, Delivery

[ad_1] WSJ News Exclusive Davos Vehicles with lower top speeds and smaller footprints could be more efficient and lower cost for drivers, CEO says [ad_2] Source link

Piper Sandler upgrades Uber, says rising car prices will boost ride-sharing

[ad_1] The outlook for Uber has improved, and that should lead to a better stock performance in 2023, according to Piper Sandler. Analyst Alexander Potter upgraded shares to overweight from…