MARKET COMPOSITE
UBER - Uber Technologies Inc8:00:02 PM 9/29/2023
Price
$45.99
-0.15 (-0.33%)
Uber Technologies, Inc., commonly known as Uber, is an American company that offers vehicles for hire, food delivery , package delivery, couriers, freight transportation, and, through a partnership with Lime, electric bicycle and motorized scooter rental. The company is based in San Francisco and has operations in over 900 metropolitan areas worldwide. It is one of the largest providers in the gig economy and is also a pioneer in the development of self-driving cars. Uber is estimated to have over 110 million monthly active users worldwide. In the United States, Uber has a 67% market share for ride-sharing and a 24% market share for food delivery. Uber has been so prominent in the sharing economy that the changes in industries as a result of it have been referred to as uberisation, and many startups have described their products as "Uber for X".
Financials
Quarterly financials
(USD)Jun 2023Q/Q
Revenue9.2B+5%
Gross Profit3.7B-
Cost Of Revenue5.5B+5%
Operating Income326MM-224%
Operating Expenses3.4B-
Net Income394MM-351%
R&D808MM+4%
G&A491MM-48%
Marketing1.2B-3%
Amortization91MM-3%
Interest Expense144MM-14%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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    With everything from homes with internet connected security cameras to each Tesla with multiple outfacing cameras, the modern person is recorded much more often than they probably realize. Autonomous robots seem to be the wave of the future in the service industry as businesses look for ever more advanced ways to limit human interaction with their customers. Ride-hailing service Uber has seen a lot of success with its Uber Eats offshoot that allows people to order food from a seemingly endle...

    A New York state judge on Thursday rejected a bid by Uber Technologies Inc, DoorDash Inc and Grubhub Inc to block New York City's novel law setting a minimum wage for app-based delivery workers. The decision by New York Acting Supreme Court Justice Nicholas Moyne will allow the law to take effect pending the outcome of the companies' lawsuit. Moyne in July had stopped the law from being implemented while he considered the companies' request to block it until the case is resolved.

    (Reuters) -A New York state judge on Thursday rejected a bid by Uber Technologies Inc, DoorDash Inc and Grubhub Inc to block New York City's novel law setting a minimum wage for app-based delivery workers. The decision by New York Acting Supreme Court Justice Nicholas Moyne will allow the law to take effect pending the outcome of the companies' lawsuit. Moyne in July had stopped the law from being implemented while he considered the companies' request to block it until the case is resolved.