After LYFT’s solid report (and share price gains), UBER is tanking after-hours despite reporting its first positive EBITDA (+$8mm) , boosted by a recovery in ride-hailing and sustained demand in its delivery business. “While we recognize it’s just a step, reaching total-company adjusted Ebitda profitability is an important milestone for Uber,” Chief Financial Officer Nelson Chai said in statement. Revenue rose 72% to $4.8 billion (beating the $4.4 billion analysts had projected). Gross bookings missed expectations ($23.1bn vs $23.3bn exp) and will be $25 billion to $26 billion, about in line with estimates.
But critically, the company said adjusted earnings […]
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The Biden Regime and Globalists Don’t Want You Owning Precious Metals
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Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.
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