Uber Technologies Inc.
33.2 - 34.5
13.71 - 41.86
Echofin Members Consensus
US markets closed mostly higher yesterday, supported by gains in technology sector stocks. Amazon.com advanced 4.1%, after announcing plans to add 3,500 jobs in six major cities including 2,000 in New York. Uber Technologies added 2.0%, after the company announced that it is planning to continue operating its Uber Eats food delivery service in California. Advance Auto Parts rose 1.2%, after the company reported better than expected revenue and earnings in second quarter. On the flipside, Kohl's plummeted 14.7%, after reporting a decline in comparable sales due to store closures. Home Depot dropped 1.1%, despite reporting better than expected revenue and earnings in the second quarter. Walmart slid 0.7%. The company’s second quarter revenue and earnings came in above analysts’ expectations. The S&P 500 gained 0.2%, to settle at 3,389.8. The DJIA fell 0.2%, to settle at 27,778.1, while the NASDAQ added 0.7%, to close at 11,210.8.
Next Dividend Date
Uber Technologies, Inc. operates as a technology platform for people and things mobility. The firm offers multi-modal people transportation, restaurant food delivery, and connecting freight carriers and shippers. It operates through the following segments: Rides, Eats, Freight, Other Bets and ATG and Other Technology Programs. The Rides segment refers to products that connect consumers with Rides Drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. The Eats segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered. The Freight segment leverages proprietary technology, brand awareness, and experience revolutionizing industries to connect carriers with shippers on its platform, and gives carriers upfront, transparent pricing and the ability to book a shipment. The Other Bets segment consists of multiple investment stage offerings. The ATG and Other Technology Programs segment primarily responsible for the development and commercialization of autonomous vehicle and ridesharing technologies, as well as Uber Elevate. The company was founded by Oscar Salazar Gaitan, Travis Kalanick and Garrett Camp in 2009 and is headquartered in San Francisco, CA.
CEO: Dara Khosrowshahi
HQ: 1455 Market Street San Francisco, 94103 CA