‘I don't want to waste the gas': Uber and Lyft drivers reeling as fuel prices soar [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
Drivers for Uber and Lyft across the US are spending hundreds more dollars on fuel each month after the US-Israel war on Iran triggered a sharp rise in oil prices. Support offered by the ride-hailing companies amounts to a “slap in the face”, drivers operating their services told the Guardian, as many are forced to choose between driving more to make the same money as previously – or cutting back their miles to reduce costs. Related: ‘A dollar or two increase is devastating': US readers on toll of rising gas prices The companies have both expanded rewards and discounts through financial services products in recent weeks, as average US fuel prices surged from $2.98 a gallon at the end of February to above $4. But gig workers at Uber and Lyft say such support is not enough, and “pretty hollow” compared to any increase in pay for drivers. “A few weeks ago, I filled up my hybrid car for $36,” said John Mejia, a driver for Lyft and Uber in Oakland for over a decade. “Now it's $6
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UBER
Earnings
- 2/4/26 - Miss
UBER
Sec Filings
- 4/16/26 - Form 144
- 4/14/26 - Form 4
- 4/14/26 - Form 4
- UBER's page on the SEC website