Uber earnings preview: Brace for more quarterly losses

2019-11-01

Uber Technologies Inc. took a significant detour on the road to profitability three months ago with a jaw-dropping $5.24 billion quarterly loss, deepening its losses to more than $6 billion this fiscal year. So when the ride-hailing service reports third-quarter financial results on Monday, investors and analysts are bracing forRead More →

U.S. fund managers brace for consumer slowdown By Reuters

2019-02-09

© Reuters. Traders work on the floor of the NYSE in New York By Sinéad Carew (Reuters) – With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty valuations, concerns about declining earnings estimates, and consumer confidence keep them on guard. LowRead More →