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Uber stock rises as revenue climbed 16% in second quarter

Shares of Uber (UBER) are jumping in the pre-market session after the ride-share giant reported 16% year-over-year revenue growth, posting $10.70 billion in revenue for its second quarter against estimates of $10.58 billion. It was an all-around earnings beat for Uber as it also reported adjusted earnings of $0.47 per share versus an expected $0.39. Morning Brief Anchors Brad Smith and Seana Smith break down Uber's latest earnings and what it could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

Yahoo Finance Video 10 minutes ago

UBER
Wall Street watching Fed, Google ruling, Palantir: 3 Things

US stocks (^DJI, ^IXIC, ^GSPC) hope to stage a comeback after Monday's massive sell-off that saw the Dow Jones Industrial Average sink by 1,033 points (2.6%) and the Nasdaq Composite fall off by 570 points (3.43%), the event fueled by last week's July jobs report and renewed speculation into whether the Federal Reserve will revise its own interest rate forecasts. A federal judge found Google's search business (GOOG, GOOGL) to be a monopoly and in violation of antitrust laws. Palantir (PLTR) shares ride higher in Tuesday's pre-market trading coming off of its second quarter earnings beat reported after yesterday's market close. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 54 minutes ago

^GSPC

GOOG

PLTR
Lucid, Hims & Hers Health, Chegg: After-hours Movers

EV maker Lucid Group (LCID) sees a stock boost in after-hours trading on Monday after posting a revenue beat for its second quarter while receiving another $1.5 billion in funding from Saudi Arabia's Public Investment Fund. Hims & Hers Health (HIMS) shares are down despite the telehealth company raising its full-year guidance. Chegg (CHGG) stock sinks after missing third quarter guidance estimates. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend This post was written by Luke Carberry Mogan.

Yahoo Finance Video 16 hours ago

HIMS

CHGG

LCID
Lucid stock pops on Q2 results, $1.5B investment

Lucid (LCID) shares are soaring in after-hours trading after reporting better-than-expected second quarter revenue. The EV maker also announced it has received a $1.5 billion commitment from the Public Investment Fund, Saudi Arabia's sovereign wealth fund.  Market Domination Overtime anchors Julie Hyman and Josh Lipton discuss the results in the video above. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.

Yahoo Finance Video 17 hours ago

LCID
Uber Stock Jumps As Earnings Return, Sales Growth Picks Up

Uber rose early Tuesday after the ride-hailing giant returned to profitability on the best revenue gain in five quarters.

Investor's Business Daily 7 minutes ago

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CAT Earnings Beat, Thanks To Buybacks; Dow Jones Stock Bounces

Caterpillar earnings trounced estimates as stock buybacks helped offset lower sales. CAT stock failed to rebound after Monday's Dow Jones crash.

Investor's Business Daily 20 minutes ago

^DJI

CAT
TG Therapeutics Stock Jumps As Surprise Profit Smashes Views By 157%

TG Therapeutics stock popped Tuesday after the drugmaker unexpectedly reported a second-quarter profit, thanks to significantly lower R&D.

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Caterpillar Posts Mixed Second-Quarter Results, Tempers Full-Year Revenue Outlook

Caterpillar Posts Mixed Second-Quarter Results, Tempers Full-Year Revenue Outlook

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MT Newswires 24 minutes ago

CAT
Uber Stock Jumps as Q2 Profits More Than Double

Uber shares surged Tuesday after the company's second-quarter profits more than doubled year-over-year and gross bookings and revenue also surpassed analysts' expectations.

Investopedia 25 minutes ago

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Dow Jones Bounces After Stock Market Rout; Palantir, Uber Surge On Earnings (Live Coverage)

Stock Market Today: The Dow Jones bounced Tuesday after the stock market rout. Palantir stock and Uber surged on earnings.

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SHAK

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Caterpillar Says 2024 Profits Will Be Higher Than Expected

(Bloomberg) -- Caterpillar Inc. said its annual profit will probably be higher than previously expected, as the company reported second-quarter earnings that showed resilience despite growing worries about the global economy. Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 Coastal States That Face the Most Devastating

Bloomberg 33 minutes ago

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Nvidia, Crowdstrike upgraded: Wall Street's top analyst calls

Nvidia, Crowdstrike upgraded: Wall Street's top analyst calls

The Fly 35 minutes ago

NVDA

CRWD

ZI
Q2 2024 Zoominfo Technologies Inc Earnings Call

Q2 2024 Zoominfo Technologies Inc Earnings Call

Thomson Reuters StreetEvents 45 minutes ago

ZI
Q2 2024 Chegg Inc Earnings Call

Q2 2024 Chegg Inc Earnings Call

Thomson Reuters StreetEvents 1 hour ago

CHGG
Uber Stock Drives Higher on Earnings Beat as ‘Growth Engine Continues to Hum’

FEATURE Uber Technologies stock was rising Tuesday after the ride-hailing company beat quarterly earnings estimates and delivered upbeat guidance. For its second quarter, Uber posted earnings of 47 cents a share, beating Wall Street’s call for 31 cents, according to FactSet.

Barrons.com 1 hour ago

UBER
FuboTV Inc. (FUBO) Reports Q2 Loss, Tops Revenue Estimates

fuboTV (FUBO) delivered earnings and revenue surprises of 55.56% and 5.35%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

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These Stocks Are Moving the Most Today

Palantir posts an earnings beat on ‘unrelenting wave of demand’ for AI systems, and Nvidia stock claws back some of Monday’s losses. Both Caterpillar and Uber top second-quarter earnings estimates.Read ...

Barrons.com 1 hour ago

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UBER
These Stocks Are Moving the Most Today: Palantir, Nvidia, Uber, Caterpillar, CrowdStrike, Apple, Lumen, Lucid, ZoomInfo, and More

Palantir posts an earnings beat on ‘unrelenting wave of demand’ for AI systems, and Nvidia stock claws back some of Monday’s losses. Both Caterpillar and Uber top second-quarter earnings estimates.

Barrons.com 1 hour ago

ZI

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Grants, Storm Kits and More: Helping Our Communities Weather Storm Season

Microgrants provide first responders, nonprofits and emergency management teams with the tools and training to handle what Mother Nature throws our way Ken Garfieldillumination Contributor NORTHAMPTON, MA / ACCESSWIRE / August 6, 2024 / As tropical ...

ACCESSWIRE 1 hour ago

DUK

DUK-PA
Complete Solaria Discusses SunPower Acquisition Opportunity

LEHI, Utah, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. (“Complete Solaria” or the “Company”) (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced that it had received a coveted “Stalking Horse” position in the SunPower (Nasdaq: SPWR) Chapter 11 bankruptcy (https://newsroom.sunpower.com/2024-08-05-SunPower-Announces-Stalking-Horse-Asset-Purchase-Agreement-with-Complete-Solaria-to-Sell-Blue-Raven-Solar,-New-Homes,-and-its-Non-Installing-Deal

GlobeNewswire 1 hour ago

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