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- Samantha88Samantha88
  ·2022-01-28
  Tesla is the besttttttt
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- Samantha88Samantha88
  ·2021-05-06
  Thank u
  Sorry, this post has been deleted
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- Samantha88Samantha88
  ·2021-05-06
  Ok
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- Samantha88Samantha88
  ·2021-05-06
  Good
  This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?
  Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against t
  This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?
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- Samantha88Samantha88
  ·2021-05-06
  Pls like
  PayPal CEO touts ‘next generation digital wallet’ after earnings beat
  PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea
  PayPal CEO touts ‘next generation digital wallet’ after earnings beat
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- Samantha88Samantha88
  ·2021-05-06
  Ok
  This Day In Market History: Panic Of 1893 Crashes Stock Market
  What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the
  This Day In Market History: Panic Of 1893 Crashes Stock Market
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- Samantha88Samantha88
  ·2021-05-06
  Great
  Uber losses dramatically improve thanks to sale of self-driving unit
  Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut m
  Uber losses dramatically improve thanks to sale of self-driving unit
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- Samantha88Samantha88
  ·2021-05-06
  Happy
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- Samantha88Samantha88
  ·2021-05-05
  Good
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- Samantha88Samantha88
  ·2021-05-05
  To be improved
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23:25","market":"us","language":"en","title":"This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131387668","media":"benzinga","summary":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against t","content":"<div>\n<p>Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE"},"source_url":"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131387668","content_text":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the BNT162b2 mRNA vaccine against the novel coronavirus that causes COVID-19.\nBioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.\nThe German vaccine maker's stock picked up momentum early in 2021, breaching the $100 psychological resistance level on Jan. 8 and trading in a $100-$120 range until early March.\nThe marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.\nCome April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.\nTo put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.\nWhat's Behind The BioNTech Rally:The stock has been supported by the intermittent news flow regarding the company's vaccine.\nIn late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.\nOn April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.\nThe companies announced April 9 a request to the FDA to authorize expanded use of the vaccine in adolescents ages 12-15.\nThe FDA'sdecisionto temporarily pause the use ofJohnson & Johnson'sJNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13 when the pause was announced.\nIn mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.\nLast week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.\nWhat Lies Ahead For BioNTech Stock?BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.\nPfizer and BioNTech plan to boost the manufacturing capacity for the vaccine to 2.5 billion doses by the end of 2021.\n\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.\nWith the second wave of the COVID-19 pandemic now sweeping across several nations, the companies have a lucrative opportunity. The companies have also proved the efficacy of the vaccine against variants.\nOnce the pandemic phase passes, the vaccine has scope for use in endemic setting.\nMore importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline consisting of 13 product candidates.\nWeighing in all the opportunities, further upside in the stock cannot be ruled out.\nBNTX Price Action:At last check, BioNTech shares were rising 8.2% to $191.38.","news_type":1,"symbols_score_info":{"BNTX":0.9}},"isVote":1,"tweetType":1,"viewCount":2506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939798,"gmtCreate":1620262799614,"gmtModify":1704340950374,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939798","repostId":"1190727792","repostType":4,"repost":{"id":"1190727792","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620261268,"share":"https://ttm.financial/m/news/1190727792?lang=en_US&edition=fundamental","pubTime":"2021-05-06 08:34","market":"us","language":"en","title":"PayPal CEO touts ‘next generation digital wallet’ after earnings beat","url":"https://stock-news.laohu8.com/highlight/detail?id=1190727792","media":"Tiger Newspress","summary":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter ea","content":"<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal CEO touts ‘next generation digital wallet’ after earnings beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal CEO touts ‘next generation digital wallet’ after earnings beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 08:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.<img src=\"https://static.tigerbbs.com/58ec3528147a01fb437277e9297f867e\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how the company did:</p><ul><li><b>Earnings per share:</b>$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analysts</li><li><b>Revenue:</b>$6.03 billion vs. $5.90 billion expected by Refinitiv</li><li><b>Total payment volume:</b>$285 billion vs. $265 billionexpected in a FactSet survey</li></ul><p><img src=\"https://static.tigerbbs.com/280fd499646b944018a299f06e8a7149\" tg-width=\"838\" tg-height=\"638\" referrerpolicy=\"no-referrer\">PayPal&nbsp;shares rose as much as 5.5% in extended trading on Wednesday after reporting&nbsp;first-quarter earnings&nbsp;that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.</p><p>Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.</p><p>On the company’s earnings call, CEO&nbsp;Dan Schulman pointed to cryptocurrency as a key growth engine for the company.</p><p>“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.</p><p>The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.</p><p>With its network of&nbsp;26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to&nbsp;Coinbase, the country’smost popular crypto exchange.</p><p>The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”</p><p>With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.</p><p>For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.</p><p>Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190727792","content_text":"PayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.Here’s how the company did:Earnings per share:$1.22, adjusted, vs. $1.01 per share expected in a Refinitiv survey of analystsRevenue:$6.03 billion vs. $5.90 billion expected by RefinitivTotal payment volume:$285 billion vs. $265 billionexpected in a FactSet surveyPayPal shares rose as much as 5.5% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than analysts had expected.First quarter net profit rose to $1.10 billion from $84 million a year earlier, and the company added 14.5 million net new active accounts, bringing its total user base to 392 million.Revenue grew 31% year over year in the quarter that ended Mar. 31, according to a statement. In the year-ago quarter, the pandemic fomented a surge in online shopping, helping todrive record payment volumefor the quarter and the full year.On the company’s earnings call, CEO Dan Schulman pointed to cryptocurrency as a key growth engine for the company.“We’ve got a tremendous amount of really great results going on tactically with our crypto efforts,” said Schulman. He went on to say that half of crypto users open their PayPal app daily, suggesting that it increases engagement for users.The mobile payments company made a big push into crypto in the last six months, allowing users in the U.S. to buy, sell, and check out with cryptocurrencies.With its network of 26 million retailers, PayPal’s crypto ambitions have positioned the company as a rival to Coinbase, the country’smost popular crypto exchange.The company also announced plans to roll out a “next-generation digital wallet” in the third quarter. Schulman described the product as an “all-in-one, personalized app [that] will provide increasingly customized and unique shopping, financial services, and payments experiences.”With respect to guidance, for the second quarter PayPal sees adjusted earnings of $1.12 per share on $6.25 billion in revenue. Analysts surveyed by Refinitiv had expected $1.10 in adjusted earnings per share on $6.16 billion in revenue.For the full year, PayPal expects revenue to grow 20% to $25.75 billion, and the company called for adjusted earnings to grow 21% to $4.70. Analysts polled by Refinitiv had been looking for $4.57 in adjusted earnings per share and $25.71 billion in revenue.Excluding the after-hours move, PayPal stock has risen about 5.9% since the start of the year, while theNasdaqis up about 5.5% over the same period.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2410,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939621,"gmtCreate":1620262783963,"gmtModify":1704340949567,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939621","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=en_US&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Day In Market History: Panic Of 1893 Crashes Stock Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105939970,"gmtCreate":1620262764890,"gmtModify":1704340950213,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105939970","repostId":"1108837445","repostType":4,"repost":{"id":"1108837445","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620260974,"share":"https://ttm.financial/m/news/1108837445?lang=en_US&edition=fundamental","pubTime":"2021-05-06 08:29","market":"us","language":"en","title":"Uber losses dramatically improve thanks to sale of self-driving unit","url":"https://stock-news.laohu8.com/highlight/detail?id=1108837445","media":"Tiger Newspress","summary":"Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut m","content":"<p>Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.</p><p>Shares initially gained in after-hours trading before dipping more than 4.5%.<img src=\"https://static.tigerbbs.com/c19ef83e736dbd9b729a4cfa9c05d0d2\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how Uber did versus expectations:</p><ul><li><b>Loss:</b>6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.</li><li><b>Revenue:</b>$2.90 billion vs. $3.29 billion expected per Refinitiv.</li></ul><p><img src=\"https://static.tigerbbs.com/faa62cd16bc8e422160a12eaf889b22a\" tg-width=\"1053\" tg-height=\"635\" referrerpolicy=\"no-referrer\">It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.</p><p>Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.</p><p>Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.</p><p>Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.</p><p>The company said its mobility take rate is expected to decline about 20% in the second quarter.</p><p>“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.</p><p>Here’s how Uber’s largest business segments performed in the first quarter of 2021:</p><ul><li><b>Mobility (gross bookings):</b>&nbsp;$6.77 billion, down 38% from a year ago</li><li><b>Delivery (gross bookings)</b>: $12.46 billion, up 166% from a year ago</li></ul><p>Delivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.</p><p>“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”</p><p>In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.</p><p>The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.</p><p>Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”</p><p>Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend&nbsp;$250 million&nbsp;on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.</p><p>Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.</p><p>Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.</p><p>Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.</p><p>The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”</p><p>Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.</p><p>Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber losses dramatically improve thanks to sale of self-driving unit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber losses dramatically improve thanks to sale of self-driving unit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-06 08:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.</p><p>Shares initially gained in after-hours trading before dipping more than 4.5%.<img src=\"https://static.tigerbbs.com/c19ef83e736dbd9b729a4cfa9c05d0d2\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\">Here’s how Uber did versus expectations:</p><ul><li><b>Loss:</b>6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.</li><li><b>Revenue:</b>$2.90 billion vs. $3.29 billion expected per Refinitiv.</li></ul><p><img src=\"https://static.tigerbbs.com/faa62cd16bc8e422160a12eaf889b22a\" tg-width=\"1053\" tg-height=\"635\" referrerpolicy=\"no-referrer\">It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.</p><p>Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.</p><p>Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.</p><p>Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.</p><p>The company said its mobility take rate is expected to decline about 20% in the second quarter.</p><p>“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.</p><p>Here’s how Uber’s largest business segments performed in the first quarter of 2021:</p><ul><li><b>Mobility (gross bookings):</b>&nbsp;$6.77 billion, down 38% from a year ago</li><li><b>Delivery (gross bookings)</b>: $12.46 billion, up 166% from a year ago</li></ul><p>Delivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.</p><p>“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”</p><p>In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.</p><p>The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.</p><p>Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”</p><p>Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend&nbsp;$250 million&nbsp;on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.</p><p>Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.</p><p>Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.</p><p>Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.</p><p>The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”</p><p>Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.</p><p>Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108837445","content_text":"Uberbeat estimates on the top line and dramatically improved its net losses in itsfirst quarterbut missed on revenue.Shares initially gained in after-hours trading before dipping more than 4.5%.Here’s how Uber did versus expectations:Loss:6 cents vs. 54 cents expected, according to a consensus of analysts surveyed by Refinitiv.Revenue:$2.90 billion vs. $3.29 billion expected per Refinitiv.It’s difficult for investors to compare year-over-year numbers from the company, as the Covid-19 pandemic began to take hold a year ago and severely restricted travel. However, ride-hailing companies are beginning tobounce backfrom their pandemic lows as coronavirus vaccines roll out and restrictions are eased.Overall, Uber’s net loss was $108 million, a tremendous improvement from a $968 million loss in its fourth quarter of 2020. But that was largely due to a $1.6 billion gain from thesale of its self-driving unit, ATG. Uber’s operating loss was still high for the quarter at more than $1.5 billion.Uber reaffirmed its expectation to reach profitability on an adjusted EBITDA basis by the end of this year.Its adjusted EBITDA loss was $359 million, which improved by $95 million from the prior quarter. EBITDA refers to earnings before interest, taxes, depreciation and amortization.The company said its mobility take rate is expected to decline about 20% in the second quarter.“For the remainder of the year, I would remind you that delivery gross bookings year-over-year comparisons will become tougher as we continue to face significant forecasting uncertainty in predicting post-reopening consumer behavior,” CFO Nelson Chai said on a call with investors.Here’s how Uber’s largest business segments performed in the first quarter of 2021:Mobility (gross bookings): $6.77 billion, down 38% from a year agoDelivery (gross bookings): $12.46 billion, up 166% from a year agoDelivery revenue also outperformed its core ride-hailing business at $1.7 billion, compared with $853 million. The company has relied on its delivery services to make up for lost transit during the pandemic. Uber said the Eats segment revenue was up 28% quarter over quarter.“We’re finally seeing the light at the end of the tunnel,” CEO Dara Khosrowshahi said on a call with investors. “Uber is starting to fire on all cylinders, as more consumers are riding with us again while continuing to use our expanding delivery offerings.”In an update to shareholders, the company said that merchants on Uber Eats exceeded 700,000 in the first quarter, with the additions of Mr. Beast Burger,Rite Aidand Smoothie King.The company also entered into an agreement with Gopuff to offer more convenience-store and grocery items starting in June.Ride-hailing trends are starting to improve in some markets, Khosrowshahi said, adding he’s “optimistic this trend should accelerate going forward.”Uber is also facing an immediate and growing need for more drivers, struggling to meet demand following Covid vaccines and an easing of restrictions. The company said last month it would spend $250 million on a one-time stimulusaimed at getting drivers back on the road. If it can’t bring in enough drivers to meet demand, the company could face annoyed customers who are having to shell out more cash or it might even have to put out more incentives.Uber said it has approximately 3.5 million drivers and couriers on its platform, up 4% quarter over quarter but still down 22% year over year.Trips on the platform were flat quarter over quarter at 1.45 billion and 13% below the same quarter a year ago. The company said its continued growth in delivery trips is offsetting declines in its mobility unit.Uber also faced pressure during the quarter in the U.K. after the nation’s Supreme Courtupheld a rulingthat its drivers are workers, not independent contractors.The company said it took a $600 million hit to ride-hailing revenue “due to the accrual made for the resolution of historical claims in the UK relating to the classification of drivers.”Classifying drivers as contractors allows the companies to avoid the costly benefits associated with employment, such as unemployment insurance. If a similar measure ends up passing in the United States, it could make it harder for them to reach profitability.Executives said they believe there’s space in the Biden-Harris administration to have an open dialogue.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105930571,"gmtCreate":1620262748393,"gmtModify":1704340948590,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Happy&nbsp;","listText":"Happy&nbsp;","text":"Happy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105930571","repostId":"2133652936","repostType":4,"isVote":1,"tweetType":1,"viewCount":2187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102410338,"gmtCreate":1620229686724,"gmtModify":1704340558455,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102410338","repostId":"2133255365","repostType":4,"isVote":1,"tweetType":1,"viewCount":2127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102437528,"gmtCreate":1620229662164,"gmtModify":1704340557328,"author":{"id":"3572868860672408","authorId":"3572868860672408","name":"Samantha88","avatar":"https://static.tigerbbs.com/17723d2075b69224c864dd5864a34ecb","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3572868860672408","idStr":"3572868860672408"},"themes":[],"htmlText":"To be improved&nbsp;","listText":"To be improved&nbsp;","text":"To be improved","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102437528","repostId":"2133255365","repostType":4,"isVote":1,"tweetType":1,"viewCount":2184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}