|Day Low/High||40.35 / 41.66|
|52 Wk Low/High||37.07 / 88.60|
This isn't fundamental or a technical view, but speaking with Uber drivers who are positive - as I have - might go a long way towards helping turn sentiment around the company.
* Some fund managers are so desperate to attract capital that they are offering a negative fee model (that will pay investors to manage their money!) * A toxic cocktail is brewing in the money management and private equity spaces * I am short TROW (...
No one ever thought when we created a stock market that there would only be buyers of stocks in an index.
Are things that bad? I remain a non-believer in the recession thesis.
Following the WeWork initial public offering (IPO) debacle and initial post-IPO reaction to Peloton , I'm going to be closely watching how the market and investors receive this week's slate of IPOs. On the IPO front this week we have several new iss...
How much has central bankers' environment been impacted externally? We will see.
Who was speaking to the strength of the U.S. Treasury Department's auction of $32 billion worth of 7 Year Notes as a driver for equities through Thursday afternoon?
The impact of Elizabeth Warren is pretty much everywhere Thursday.
WeWork and Saudi Aramco are two big deals that are worrisome to the entire market.
Benchmark's Bill Gurley was interviewed by Scott Wapner on CNBC's "Halftime Report." The one-hour interview, which included several other Silicon Valley players, was arguably CNBC's best 60 minutes in years, filled with unusual value-added informati...
A shout-out to Dougie for his heartfelt tribute to his best friend lost in 09/11 (see opening post). I was across the street that horrid day, and even 18 years later the entire event feels surreal. I still don't really celebrate my birthday, which f...
California has long been a trend setter, but if you're an investor in Uber or Lyft that could be a problem if Assembly Bill 5 - that would entitle gig workers to protections like a minimum wage and unemployment benefits - gets passed. California leg...
Slack could shift sentiment with a strong earnings report on Wednesday.
It's tough to find when a stock has hit the floor, so let's look at three that fell on earnings and could be poised to rise.
Gold vs. silver as a safe-haven investment and a quick take on UBER.
Uber is promising growth with UberEats but its up to consumers to decide who can really deliver the goods.
Uber's crash on earnings does not mean the stock is totaled according to analysts covering the stock.
Plus, Friday morning's headlines are a little less rosy than the ones of the day before.
Uber Technologies is taking longer than anticipated to reach profitability as the differences between its business and Lyft become more pronounced.
LYFT's earnings beat appears to be giving hope to Uber investors in advance of its own report later Thursday, but the two rivals have key strengths to watch, such as Lyft's U.S. focus and Uber's move on food delivery.
There's a key level to watch if you are long or looking long.
Lyft is beginning to drive towards profitability as duopoly dynamics set in.
Spotify shares are falling today following a miss for subscriber expectations: Monthly active users for the June quarter came in at 232 million versus the 242 million expected, while the number of premium subscribers grew 30% year over year to hit...