Tag: logistics

Digital in yours hands

Uber’s revenue doubles, but stocks fall after Lyft warns of higher ride costs

UberTechnologies Inc. UBER -4.65% revenue more than doubled in the last quarter as demand for rides rebounded from the slowdown caused by the Covid-19 outbreak late last year and the company’s food delivery increased despite the reopening of restaurants. Uber issued a bullish outlook for the current quarter, but its shares fell about 5% on…
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Uber’s revenue doubles, but stocks fall after Lyft warns of higher ride costs

UberTechnologies Inc. UBER -4.65% revenue more than doubled in the last quarter as demand for rides rebounded from the slowdown caused by the Covid-19 outbreak late last year and the company’s food delivery increased despite the reopening of restaurants. Uber issued a bullish outlook for the current quarter, but its shares fell about 5% on…
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Berkshire and Buffett have 5 words for sellers who want their money: “Take it or leave it”

As fans flock to Omaha, Neb this weekend. for Berkshire Hathaway’s annual shareholder meeting hosted by Chairman and CEO Warren Buffett, you might be wondering what it’s all about. The answer: unique mystique. Buffett and Berkshire BRK.A, +0.44% BRK.B, +0.51% stand out in the corporate world with a combination of unusual practices and styles that…
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Dow drops 700 points, Nasdaq tumbles on megacap tech earnings

U.S. stocks were trading sharply lower on Tuesday afternoon, failing to capitalize on the rebound from the previous session, as investors scanned a series of corporate results and awaited earnings reports due after the trading bell. tech giants including Microsoft Corp. and Google’s parent company, Alphabet Inc. How are stock market indices changing? The Dow…
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