Dara Khosrowshahi, CEO of Uber, appears on CNBC's Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020.Here are the most important things to know about Thursday before you hit the door.is set to report its fourth-quarter earnings after the bell Thursday. Wall Street analysts are expecting the ride-hailing company to add to its staggering losses, forecasting a quarterly loss of 67 cents a share, according to FactSet.
The company reported a net loss of $1.16 billion for the third quarter. Its stock has lost 17% to around $37 a share since its IPO in May last year.2. Twitter is expected to reboundAnalysts are expecting the social media company to rebound from a disappointing third quarter that saw a big earnings miss.
"Lack of visibility into the remediation timeline and effects of the technical bugs keep us on the sidelines," Suntrust analysts said in a note Wednesday. "We're looking to get better clarity on these data issues, and on the expense outlook for FY20, following an already elevated level in 2019."The Labor Department will release the latest number for weekly jobless claims for the week ending Feb.1.for the week ended Jan. 25, pointing to continued labor market strength.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »