US STOCKS-Wall St set to dip on Uber results, higher bond yields Wed, May 8, 2024, 2:12 PM GMT+2 3 min read 0 Advertisement Up next Reddit shares soar as earnings show advertising, AI lice...
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Reddit climbs after strong Q2 revenue forecast Futures down: Dow 0.06%, S&P 0.16%, Nasdaq 0.2% (Updated at 07:24 a.m. ET/ 1124 GMT) By Sruthi Shankar and Shristi Achar A May 8 (Reuters) - U.S. stock index futures were set for a lower open on Wednesday following a weak forecast from Uber and a rebound in bond yields as investors sought more clarity on the Federal Reserve's plans for interest rate cuts. Uber lost 7% premarket after the ride-hailing platform forecast second-quarter gross bookings below expectations. Megacap stocks also fell, with Tesla, Amazon.com and Alphabet down between 0.6% and 1.7%, following a rise in the 10-year Treasury yield after five days of declines. This comes after the S&P 500 closed higher for a fourth straight session on Tuesday, its best winning run since March, while the blue-chip Dow scored a fifth session of gain in its longest positive run since December 2023. Markets have mostly traded higher so far in May, as investors took comfort
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UBER
News
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UBER
Earnings
- 5/8/24 - Miss
UBER
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 144
- 5/15/24 - Form 4
- UBER's page on the SEC website