Category: Stock

Uber Q1 revenue rises 14%, slightly misses estimates; forecasts strong Q2 bookings

US ride-hailing and delivery firm Uber’s Q1 revenue rose 14% YoY, slightly missing analyst expectations. The company’s forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth. Shares of the San Francisco-based company rose about 8% in premarket […]

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