Followers | 180 |
Posts | 9102 |
Boards Moderated | 4 |
Alias Born | 08/16/2010 |
Thursday, July 07, 2022 3:37:10 PM
They don't really need to increase the pps, and they are well within compliance.
Market conditions, are a huge driver, and have been hard on most. Turning profit is bottom line. The need it.
They have a pretty known platform, and it definitely has value. They have $32.8B in assets, and total liabilities of $22.9B, so looks like they can still find a way to function for some time to come. Last three quarters they lost, the most recent was a doozy, $5.9B. Of its nearly $6 billion in losses, $5.6 billion came from changes in the valuation of other companies in which it has a stake. A large portion of that was in DIDI, which was dropped from NASDAQ to the OTC.
The profit swings are big. They have been growing revenue constantly still, which is good. Roughly a billion for each of the last four quarters. Would help if DIDI worked out Sooner, rather than later A turn in market movement, based on something solid would be great.
Is it fair at the market cap of $44.2B fair! Currently, I think so. Possibly cheap, depending on the future. Hopefully they can stay away from further investment losses, scale well, and pump out consistent profits.
Lot's of money looking for bottoms, and they flood in at first solid sign for a market reversal. Looking forward to it.
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?
Recent UBER News
- Serve Robotics Inc. Announces Closing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker "SERV" • PR Newswire (US) • 04/22/2024 08:15:00 PM
- Serve Robotics Inc. Announces Pricing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker "SERV" • PR Newswire (US) • 04/18/2024 01:57:00 AM
- Uber Announces Date of First Quarter 2024 Results Conference Call • Business Wire • 04/16/2024 08:30:00 PM
- Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News • IH Market News • 04/12/2024 11:05:29 AM
- Costco Increases Dividend by 14%, Meta Introduces ‘Artemis’ AI Chip, and More News • IH Market News • 04/11/2024 11:24:54 AM
- Uber Eats Partners with The Vitamin Shoppe • PR Newswire (US) • 04/04/2024 12:00:00 PM
- Acadia Healthcare Accelerates Access to Care With Uber Health • Business Wire • 04/02/2024 01:00:00 PM
- Analysts’ Recommendations for March 27th: FedEx, Visa, Uber, Adobe… • IH Market News • 03/27/2024 12:13:10 PM
- Apple & Google in Talks for Gemini AI on iPhone, Nvidia’s GTC Conference Today, and Latest News • IH Market News • 03/18/2024 11:10:46 AM
- Oracle Soars 13% With Exceptional Growth and Boosts Nvidia Shares With Collaboration Announcement, and More • IH Market News • 03/12/2024 11:21:35 AM
- Serve Robotics Inc. Common Stock to Be Quoted on OTCQB Under Ticker Symbol "SBOT" • PR Newswire (US) • 03/07/2024 12:00:00 PM
- Airship AI skyrockets with DOJ contract; Carrier Global sells Fire Industrial division for $1.43 billion, and Latest News • IH Market News • 03/06/2024 11:01:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:53:40 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:53:30 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:53:18 AM
- Uber Partners with Mastercard and Payfare to Launch the New Uber Pro Card in Canada • PR Newswire (US) • 03/05/2024 12:00:00 PM
- Uber Partners with Mastercard and Payfare to Launch the New Uber Pro Card in Canada • PR Newswire (Canada) • 03/05/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 11:50:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 02:33:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 02:33:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 02:33:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 02:32:42 AM
- Uber CEO to Participate in Fireside Chat Hosted by Morgan Stanley • Business Wire • 02/21/2024 09:35:00 PM
- Amazon.com Set to Join Dow Jones Industrial Average; Uber to Join Dow Jones Transportation Average • PR Newswire (US) • 02/20/2024 11:32:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 11:58:42 PM
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM