Latest in Uber Shares Slide
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Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 3 hours ago -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - 3 days ago -
Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - 3 hours ago -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Uber explored takeover bid for Expedia
Buying travel website would be ride-hailing group’s biggest deal as it looks to diversifyBusiness - Financial Times - October 16 -
Uber’s drive for ‘super app’ status
The ride-hailing app is exploring a takeover of Expedia, which would be its biggest deal yetWorld - Financial Times - October 21 -
Uber CEO Dara Khosrowshahi | 5 Questions
The Uber chief executive on company culture, competing with Amazon, and Elon Musk’s robotaxisBusiness - Financial Times - October 15 -
Uber Mulls Expedia Takeover Bid: FT
Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO. Uber stock fell overnight. Expedia jumped.Sports - Yahoo Sports - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Waymo, Uber, Lyft Are Biggest Winners From Tesla's Robotaxi Flop
Tesla’s disappointing Robotaxi event highlighted how late the company is to the autonomous-vehicle race, leaving the door wide open for its competitors.Business - The Wall Street Journal - October 11 -
Uber ate my money, but it won’t listen when I try to complain
You can give up trying to make contact, even when it involves reporting suspected fraud. Uber and Uber Eats debited seven unauthorised payments, totalling more than £100, from my debit card. I ...World - The Guardian - October 14 -
Uber has discussed a bid for travel booking company Expedia
Uber has discussed a potential bid for the travel booking company Expedia, CNBC confirmed.Business - CNBC - October 17 -
Uber reportedly weighed buying Expedia. Analysts have reservations.
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform. ...Business - MarketWatch - October 17 -
Protesters Say Uber and Lyft Are Still Failing Their Blind Passengers
At a protest in San Francisco, blind Uber and Lyft users claim that the ride-hailing companies aren’t doing enough to prevent drivers from turning them away.Tech - Wired - October 20 -
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Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - 5 hours ago -
Uber logs an earnings beat — but misses on a closely watched industry metric
Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.Business - MarketWatch - 7 hours ago -
Boohoo considers break-up as sales slide
The online fashion firm is mulling whether to offload its brands as sales remain under pressure.Top stories - BBC News - October 18 -
Ohtani hurts shoulder in G2, set for more testing
Shohei Ohtani suffered a shoulder injury while sliding into second base on a steal attempt. Dodgers manager Dave Roberts said the superstar had a minor dislocation and would undergo further testing.Sports - ESPN - 4 days ago -
Winston injects life into Browns to help end slide
Jameis Winston, making his first start since 2022, helped end the Browns' losing streak by injecting life into an offense that had been one of the NFL's worst.Sports - ESPN - 3 days ago -
Third of world's tree species slide towards extinction, say scientists
Scientists have revealed that more than a third of tree species are facing extinction.Top stories - BBC News - 3 days ago -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - Yesterday -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 11 hours ago -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
Google CEO names new search and ads boss, slides predecessor to role of chief technologist
Google is replacing Prabhakar Raghavan, the company's search and ads boss since 2018, with longtime executive Nick Fox.Business - CNBC - October 17 -
Rachel Reeves’s Budget balancing act
The chancellor’s tax plans must avoid overburdening business and investorsBusiness - Financial Times - October 21 -
Iranian markets slide and flights cancelled as Israeli attack looms
Country braced for retaliation after Tehran’s ballistic missile strike earlier this monthWorld - Financial Times - October 21 -
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...Business - MarketWatch - October 22 -
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.Business - The New York Times - October 23 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
HCA Healthcare’s stock slides 9% after earnings are weighed down by Hurricane Helene
HCA is expecting Hurricane Helene’s impact on facilities in North Carolina and Hurricane Milton’s impact on facilities in Florida in October to shave 60 cents to 90 cents off fourth-quarter EPS.Business - MarketWatch - 6 days ago