Wall Street analysts expect significant gains from the ride-sharing giant despite recent disappointments.
Lyft's quarterly earnings report again pleased investors.
Elon Musk seems to think so.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes...
Stocks that traded heavily or had substantial price changes on Wednesday: Uber, Shopify fall; Lyft, Arista Networks rise
The ride-hailing stock reported solid revenue growth, and the future looks bright.
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning...
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. US stock indexes...
Uber Technologies (UBER) posted a surprising first-quarter net loss and issued a weaker-than-expected forecast for its second-quarter gross bookings, causing its shares to tumble by 6% before the market...