regarding its first-quarter results.
Uber said it expects its GAAP revenue to be reduced by an estimated $17 million to $22 million in the first quarter, and an estimated $60 million to $80 million in the second quarter because of a financial assistance program it implemented for drivers and delivery people amid the Covid-19 pandemic. The company also said it is taking a writedown of $1.9 billion to $2.2 billion on its investments in the first quarter. Uber withdrew previous financial guidance provided in February.
Mom & Pop investors are scared crapless Companies earnings are crashing But market goin up 22 million out of work So who will be buying are their crap & baubles
Scumbags making up bs news. At 430 after market closes. Friends of cnbc
Fed stimulus did an amazing job on the markets Dow was under 20,000 a few weeks ago, now over 23,000 and people are ready to invest
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Stocks making the biggest moves in the premarket: Morgan Stanley, BlackRock, Abbott Labs & moreThe stocks making the biggest moves in premarket trading include Morgan Stanley, BlackRock, Abbott Laboratories, and more.
La source: CNBC - 🏆 12. / 72 Lire la suite »
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La source: CNBC - 🏆 12. / 72 Lire la suite »
Dow turns lower at the open as Boeing weighs, but tech stocks jump as investors digest 5.25 million jobless claimsU.S. stocks opened mostly higher this morning, with tech shares rallying, after weekly jobless claims data showed applications for the newly unemployed hit 5.25 million, surging to a total of 21 million over the past month. While these stocks rally, here are 3 stocks you should buy: Why the hell would it SURGE after those unemployment numbers? Someone please explain. Stock market casino! What if I told you that the global economy was pronounced brain dead in 2008 and has been on life support since?
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs - letterBillionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by Reuters. Someone is shorting the market. * so many tears * frankieknuckles The U.S. stock market has been riding high with easy money for at least 5 years.-I wouldn't be surprised.
La source: Reuters - 🏆 2. / 97 Lire la suite »
Stocks trade mixed after US unemployment filings climb less than expected | Markets InsiderUS stocks rose slightly Thursday after weekly jobless claims data was less dire than expected. 5.2 million Americans filed for unemployment benefits in the week that ended April 11 — a slightly lower number than the previous report.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »