Masa Son’s got bad news for the Saudis.
And maybe someone can explain all these other techy gadget stocks to them, as well.
Travis Kalanick wasted no time getting about $500 million lighter on his UBER shares.
Public company valued at $53 narrows quarterly losses to just over $1 billion...and, yes, those words are "narrows" and "quarterly"
Nobody handles money like Uber, so Uber needs more money to handle.
This is all part of the show, you philistines.
Not literally, of course, but it’s a pleasing mathematical coincidence to all but Berkshire shareholders.
Is Uber aware of permalancers?
The softest bigotry of almost no expectations.
Can one properly pre-gauge the sucking bafflement in a $1 billion loss on $4 billion in revenue?
Morgan Stanley's Adam Jonas is the Judas Iscariot of Muskism.
If an underwriter is using a naked short to sell you insurance on an IPO and you still buy into it, you might be too dumb to have money.
After Uber IPO disappoints, SoftBank looking to make it all back on the can't miss WeWork IPO.
The market is teaching Uber a very hard lesson about how dynamic pricing really works.
"Surge pricing on our stock is a little lower than normal."
When your IPO range is this absurd, even the bottom is an over-deliver.
Lyft is the latest victim of a market that's afraid to be alone but even more afraid of an intimate long-term connection.
No one wants to hold equities today but everyone wants to hold Uber on Thursday, claims Uber.
This is some real good Silicon Valley hubris.
After Lyft's nightmare, Uber is at a Ken Griffin level of not f@cking around.
The hubris of everyone's least-favorite ridesharing company is outmatched only by its pile of burning cash.
The modern IPO landscape is not dumb at all.