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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