For two years now, tech companies have spent massive amounts of money building the capacity to serve what they believed would be a higher level of postpandemic demand. If you build it, they will come....
Tag: Uber Technologies
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
Uber Gapped Above Its August Pivot Targeting Its 200-Day Simple Moving Average. Here’s How To Trade The Stock Now.
(Photo by Smith Collection/Gado) Getty Images Uber Technologies (UBER) has been helping consumers drive from place to place in more than 700 cities around the world. The stock has been in a bear marke...
Nvidia to Slow Hiring Amid Inflationary Environment
The technology industry has been cutting back as it struggles to deal with rising inflation and a deteriorating global economic environment. Justin Sullivan/Getty Images Text size Nvidia (ticker: NVDA...
What CEOs Are Saying: ‘We See Inflation Going Up Everywhere’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about inflation, pricing strategy and the pandemic. Coca-Cola Co. KO -1.78% Chief Executive James ...
Uber’s New Earnings Outlook Leaves Investors Hungry for More
Uber Technologies Inc. spooked investors with a midterm earnings forecast that fell short of expectations and overshadowed the company’s pledge to be cash-flow positive by the end of this year. Chief ...