Lyft Q1 Bookings Miss Expectations Amidst Fierce Competition
Lyft's Q1 2025 gross bookings forecast of $4.05-$4.20 billion missed expectations, causing a 10% stock drop despite record Q4 revenue and profit, driven by competitive pricing and weather disruptions.
Lyft Q1 Bookings Miss Expectations Amidst Fierce Competition
Lyft's Q1 2025 gross bookings forecast of $4.05-$4.20 billion missed expectations, causing a 10% stock drop despite record Q4 revenue and profit, driven by competitive pricing and weather disruptions.
Progress
40% Bias Score
Goldman Sachs Projects Massive Gains for Uber, Norwegian Cruise Line, and Belden
Goldman Sachs added Uber Technologies, Norwegian Cruise Line, and Belden to its January conviction list, projecting substantial gains: Uber at nearly 60%, Norwegian at 36%, and Belden at over 23%, based on various factors including profitability, cost-cutting, and market recovery.
Goldman Sachs Projects Massive Gains for Uber, Norwegian Cruise Line, and Belden
Goldman Sachs added Uber Technologies, Norwegian Cruise Line, and Belden to its January conviction list, projecting substantial gains: Uber at nearly 60%, Norwegian at 36%, and Belden at over 23%, based on various factors including profitability, cost-cutting, and market recovery.
Progress
40% Bias Score
Uber's Southeast Asia Failure: A Cautionary Tale for Western Businesses
Uber's failed Southeast Asian expansion, due to its Western-centric "plug-and-play" model, resulted in a 27.5% stake sale to Grab, highlighting the need for localization in global business.
Uber's Southeast Asia Failure: A Cautionary Tale for Western Businesses
Uber's failed Southeast Asian expansion, due to its Western-centric "plug-and-play" model, resulted in a 27.5% stake sale to Grab, highlighting the need for localization in global business.
Progress
44% Bias Score
EU to impose VAT on Airbnb, Uber, and Bolt from 2030
The EU mandates that online platforms like Airbnb, Uber, and Bolt collect VAT on lodging and ride-hailing services from 2030, aiming for tax equality with traditional businesses, potentially increasing prices up to 25%, but creating challenges for online platforms.
EU to impose VAT on Airbnb, Uber, and Bolt from 2030
The EU mandates that online platforms like Airbnb, Uber, and Bolt collect VAT on lodging and ride-hailing services from 2030, aiming for tax equality with traditional businesses, potentially increasing prices up to 25%, but creating challenges for online platforms.
Progress
40% Bias Score
Cramer: Market Overreaction Creates Buying Opportunities
Jim Cramer analyzed recent market reactions to earnings reports, citing Disney and Uber's post-earnings declines as examples of unwarranted selling, comparing them to other stocks like American Express, Marriott, Costco and Walmart that have shown similar short-lived dips.
Cramer: Market Overreaction Creates Buying Opportunities
Jim Cramer analyzed recent market reactions to earnings reports, citing Disney and Uber's post-earnings declines as examples of unwarranted selling, comparing them to other stocks like American Express, Marriott, Costco and Walmart that have shown similar short-lived dips.
Progress
52% Bias Score
Bristol Uber Drivers Report Plummeting Earnings Amidst Rising Costs
Bristol Uber drivers report drastically reduced earnings due to rising costs and unchanged fares, despite Uber's claims of a National Living Wage guarantee, prompting concerns about working conditions and financial sustainability.
Bristol Uber Drivers Report Plummeting Earnings Amidst Rising Costs
Bristol Uber drivers report drastically reduced earnings due to rising costs and unchanged fares, despite Uber's claims of a National Living Wage guarantee, prompting concerns about working conditions and financial sustainability.
Progress
48% Bias Score
EU to Standardize VAT on Online Platforms by 2030
The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.
EU to Standardize VAT on Online Platforms by 2030
The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.
Progress
44% Bias Score
Kentucky Woman Charged with Murder in El Paso Uber Shooting
A Kentucky woman is charged with murder after shooting an Uber driver in El Paso, Texas, claiming self-defense. Conflicting accounts and evidence fuel the debate.
Kentucky Woman Charged with Murder in El Paso Uber Shooting
A Kentucky woman is charged with murder after shooting an Uber driver in El Paso, Texas, claiming self-defense. Conflicting accounts and evidence fuel the debate.
Progress
36% Bias Score