Uber and Lyft Are Searching for Lifelines [The New York Times]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: The New York Times
OAKLAND, Calif. — After Seattle became the first major city in the United States to experience a widespread coronavirus outbreak in March, Uber’s business there plunged between 60 and 70 percent, the company’s chief executive said.A month later, with much of the country and many other parts of the world in lockdown because of the virus, investors fearthe experience in SeattleThe two companies, which were never close to being profitable when the economy was booming, face an existential question: How will they andtheir drivers stay afloatOn Thursday afternoon, Uber told financial analysts that it couldn’t forecast how much revenue it would generate this year because of the upheaval caused by the coronavirus. In February, Uber had said it expected to bring in between $16 billion and $17 billion this year.Lyft has not yet made a similar announcement. But data collected by outside firms indicates the businesses of both companies collapsed in March.Drawing from aggregated debit and credit c
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UBER
News
- This Startup Makes Ammonia By Turning The Planet Into A Chemical Reactor [Forbes]Forbes
- Uber Technologies (NYSE:UBER) was downgraded by analysts at Erste Group Bank AG from a "buy" rating to a "hold" rating.MarketBeat
- This Dow Index Has Turned a Corner [Yahoo! Finance]Yahoo! Finance
- Blue-city riders hit with priciest Uber fares as LA, NYC costs soar past comparable metros, data shows [FOX News]FOX News
- Uber says one stat shows how much room the company has to grow in the US [Business Insider]Business Insider
UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- UBER's page on the SEC website