Market Outlook: Rising gas prices hit rideshare driver earnings [BNN Bloomberg (Canada)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
Check Earnings Report
Company Research
Source: BNN Bloomberg
BNN Bloomberg spoke with Laura Padin, director of work structures at the National Employment Law Project, who says companies such as Uber and Lyft shift key financial risks onto drivers while relying on opaque systems to set pay. Key Takeaways Gasoline prices rose more than 20 per cent in March, reducing take-home pay for rideshare drivers who cover their own fuel costs. Companies such as Uber and Lyft classify drivers as independent contractors, shifting expenses like fuel and maintenance onto workers. Pay is set using opaque algorithms, making it difficult to verify whether compensation reflects rising costs. Independent contractor status limits access to protections such as minimum wage, expense reimbursement and pay transparency. Higher operating costs and income uncertainty could push more drivers to leave rideshare platforms. Read the full transcript below: ANDREW: Gasoline prices surged more than 20 per cent in March as a result of the conflict in the Middle Ea
Show less
Read more
Impact Snapshot
Event Time:
UBER
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBER alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBER alerts
High impacting Uber Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
UBER
News
- Worried about rising gas prices? These 5 credit cards reward transit, rideshare and more [CNBC]CNBC
- Rideshare drivers sue Uber over being kicked off app in new challenge to California law [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why is Cherelle Parker pushing Uber tax in Philly? The fight explained [USA TODAY]USA TODAY
- Pro Pickleball Association Players Take The Plunge In Sacramento With Spots Tightening For Tour Finals [Forbes]Forbes
- Lucid Stock Rises After Uber Reveals Major Stake and Deal [Yahoo! Finance]Yahoo! Finance
UBER
Earnings
- 2/4/26 - Miss
UBER
Sec Filings
- 4/20/26 - Form 4
- 4/20/26 - Form 4
- 4/20/26 - Form 4
- UBER's page on the SEC website