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Zacks News
LYFT Tops Q2 Earnings & Revenue Estimates on Growth in Rides
by Zacks Equity Research
LYFT's Q2revenues gain 3% year over year to $1,020.9 million on the back of improvement in the rideshare market.
Lyft Q2 Preview: Can Results Drive Shares Higher?
by Derek Lewis
A peer, Uber Technologies, posted solid results on the back of improved profitability. Still, the market didn't react well to the print, likely reflecting profit-taking after a massive 2023 run. What about Lyft?
The Zacks Analyst Blog Highlights Manhattan Associates, Uber Technologies, Live Nation Entertainment, United Airlines Holdings and The Trade Desk
by Zacks Equity Research
Manhattan Associates, Uber Technologies, Live Nation Entertainment, United Airlines Holdings and The Trade Desk are part of the Zacks top Analyst Blog.
UBER Swings to Earnings in Q2, Misses Revenue Estimates
by Zacks Equity Research
UBER second-quarter 2023 revenues rise 14.3% year over year.
Best Momentum Stocks to Buy for August 2nd
by Zacks Equity Research
UBER, LRCX and PCAR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 2, 2023.
Fitch Downgrades U.S. Rating: 5 Stocks to Buy on the Dip
by Nalak Das
Any dip in U.S. stock prices following Fitch's sovereign rating downgrade will provide a good opportunity to accumulate stocks. Five such stocks are: MANH, UBER, UAL, LYV, TTD.
Time to Buy Uber on the Dip Through ETFs?
by Sanghamitra Saha
Shares of Uber (UBER) fell more than 5% on Tuesday on revenue miss. However, the upbeat guidance offered by the company makes it a good pick.
New Strong Buy Stocks for August 2nd
by Zacks Equity Research
MDC, PCAR, LRCX, UBER and SKX have been added to the Zacks Rank #1 (Strong Buy) List on August 2, 2023.
Time to Buy the Dip in These Top-Rated Stocks After Earnings?
by Shaun Pruitt
Here is a look at three top-rated stocks investors and traders will certainly want to watch as they make the case for buying the dip following their quarterly reports.
Market Awaits JOLTS Report
by Zacks Equity Research
Market Awaits JOLTS Report.
Transportation ETFs Rally on Soft Landing Optimism
by Neena Mishra
Transportation is seen as a barometer of economic health
Uber (UBER) Reports Q2 Earnings: What Key Metrics Have to Say
by Zacks Equity Research
While the top- and bottom-line numbers for Uber (UBER) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Uber, Pfizer, JetBlue Beat Q2 Earnings, Miss Sales
by Mark Vickery
After today's close, Advanced Micro Devices (AMD) will be the latest important tech stock reporting, and will join Starbucks (SBUX).
Uber Technologies (UBER) Q2 Earnings Top Estimates
by Zacks Equity Research
Uber (UBER) delivered earnings and revenue surprises of 1,900% and 0.97%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Markets Up, Yum China Beats, Avis Mixed
by Mark Vickery
The small-cap Russell 2000 led the way again today, +0.82%, followed by +0.32% from the Nasdaq, +0.16% on the Dow and +0.06% for the S&P.
Investors Increasingly Betting on Soft Landing As Inflation and Earnings Impress
by Mayur Thaker
Bets on a soft landing, with inflation cooling while jobs remain plentiful and earnings come in better than expected have fueled a speculative, multiple-expansion rally YTD. This is setting up an asymmetric risk-reward, in my opinion.
Week Heavy on Labor Data Commences
by Zacks Equity Research
Week Heavy on Labor Data Commences.
SOFI, ON Beat in Q2, Ahead of Jobs Week
by Mark Vickery
Pre-market levels are up modestly at this hour, staying in the green much the way we ended last week after taking a breather with last Thursday's selloff.
Apple, Amazon, Starbucks, Uber and others are part of Zacks Earnings Preview
by Zacks Equity Research
Apple, Amazon, Starbucks, Uber and others are part of Zacks Earnings Preview article.
Green Shoots Emerging From the Earnings Landscape
by Sheraz Mian
With a little over half of June-quarter results already out, we can confidently call the overall earnings picture reassuringly stable and resilient.
Rambus (RMBS) to Report Q2 Earnings: What's in the Offing?
by Zacks Equity Research
Rambus' (RMBS) second-quarter performance is likely to have gained from the growing momentum of its memory solutions.
Factors to Note Ahead of Lumen's (LUMN) Q2 Earnings Release
by Zacks Equity Research
Lumen's (LUMN) Q2 performance is likely to have been hurt by global macroeconomic weakness and time-consuming digital transformation process.
Is Soaring Uber Stock a Buy Before Earnings?
by Benjamin Rains
Uber shares touched fresh 52-week highs on Thursday, July 27 heading into the release of its second-quarter financial results on August 1.
Earnings Season: 3 Upcoming Reports Investors Can't Ignore
by Derek Lewis
We've seen many companies come out and post better-than-expected results so far, helping us avoid the 'earnings apocalypse' many feared. On deck to report next week, can these three keep the positive sentiment rolling?
Will DoorDash, Inc. (DASH) Report Negative Earnings Next Week? What You Should Know
by Zacks Equity Research
DoorDash, Inc. (DASH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.