Breaking News: Earnings

Alibaba shares jump 7% after quarterly earnings beat expectations

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba reported fiscal first-quarter earnings on Thursday that beat …

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Uber reports another big loss but beats on revenue, shares pop 12%

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue. Shares of Uber popped 12% in premarket trading. Here are the key numbers: …

Uber reports another big loss but beats on revenue, shares pop 12% Read More »

Uber reports another big loss but beats on revenue, shares pop 14%

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue and posted $382 million in free cash flow for the first time ever. …

Uber reports another big loss but beats on revenue, shares pop 14% Read More »