Uber and Lyft's New Road: Fewer Drivers, Thrifty Riders and Jittery Investors
- ByThe Wall Street Journal-
The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers.
The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks...
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks...
Ride-hailing and delivery operation Lyft (LYFT) has been aggressively pursuing the same market that ride-hailing and delivery operation Uber (UBER) has been chasing for some time...
Incorporated in 2010 and headquartered in San Francisco, Uber Technologies Inc. (UBER) is the largest on-demand ridesharing company in the world. The mobility and delivery services...
UBER is down 42% so far in 2022Q1 results on May 4, substantially missed expectationsHigher gas prices and increasing service-sector wages challengingConsensus outlook bullish,...
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It connects consumers with independent providers of ride services for ridesharing services; and connects riders and other consumers with restaurants, grocers, and other stores with delivery service providers for meal preparation, grocery, and other delivery services. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment provides products that connect consumers with mobility drivers who provide rides in a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. It also offers financial partnerships, transit, and vehicle solutions offerings. The Delivery segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered; and offers grocery, alcohol, and convenience store delivery, as well as select other goods. The Freight segment connects carriers with shippers on the company’s platform and enable carriers upfront, transparent pricing, and the ability to book a shipment, as well as transportation management and other logistics services offerings. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Buy | Buy | Buy | Sell | Strong Sell |
| Technical Indicators | Sell | Buy | Strong Buy | Buy | Strong Sell |
| Summary | Neutral | Buy | Strong Buy | Neutral | Strong Sell |
Name | Last | High | Low | Chg. | Chg. % | Vol. | Time | ||
|---|---|---|---|---|---|---|---|---|---|
| 1,300.00 | 1,300.00 | 1,286.00 | +10.00 | +0.78% | 100.89K | London | |||
| 2,993.00 | 3,069.00 | 2,984.00 | -41.0 | -1.35% | 294.36K | London | |||
| 8,100.00 | 8,100.00 | 8,100.00 | +100.0 | +1.25% | 5.92K | London | |||
| 3.00 | 2.88 | 2.74 | +0.18 | +6.38% | 1.57M | London | |||
| 173.90 | 174.90 | 167.50 | +6.20 | +3.70% | 6.18M | London | |||
| 88.30 | 89.70 | 88.20 | -0.90 | -1.01% | 1.87M | London | |||
| 1,914.00 | 1,916.00 | 1,912.00 | 0.00 | 0.00% | 0.00 | London | |||
| 82.74 | 84.16 | 82.62 | -1.02 | -1.22% | 8.29M | London | |||
Daisyderived | 185.75 | 185.75 | 185.75 | 0.00 | 0.00% | 0.00 | London | ||
| 6.00 | 6.00 | 6.00 | 0.00 | 0.00% | 0.00 | London | |||
| 110.00 | 112.00 | 108.30 | +0.60 | +0.55% | 1.19M | London | |||
| 358.70 | 369.60 | 353.00 | -4.00 | -1.10% | 3.86M | London | |||
| 7.20 | 7.20 | 7.20 | +0.25 | +3.60% | 5.99M | London | |||
| 231.50 | 241.50 | 227.00 | +1.50 | +0.65% | 906.59K | London | |||
| 1,090.00 | 1,100.00 | 1,080.00 | +15.00 | +1.40% | 26.41K | London |