Core Insights - Stellar AfricaGold Inc. has provided an update on the exploration progress at the Zuénoula Gold Project in Côte d'Ivoire, highlighting the establishment of a significant gold exploration target through district-scale soil sampling [2][3]. Exploration Progress - A 1 km by 1 km soil sampling has defined the first gold exploration target on the Zuénoula project [2]. - Initial sampling has identified a gold anomalous cluster within a NE-trending magnetic feature, indicating potential mineralization [4][5]. - Field sampling commenced on January 10, 2026, with 200 out of the planned 320 soil samples collected and 124 assayed [5][35]. - A second sampling crew is being mobilized to enhance sampling capacity [2][3]. Joint Venture Details - The Zuénoula Gold Project is a joint venture between Stellar's Ivorian subsidiary Aucrest SARL and MetalsGrove Mining Ltd, with MetalsGrove able to earn up to a 50% interest by incurring US$3 million in exploration expenditures and up to 80% by spending US$6 million [3][19]. - The project covers an area of 395.78 square kilometers and is strategically located along the Abujar–Napie gold trend within the Oumé–Fetekro Birimian greenstone belt [30]. Management Commentary - Stellar's President and CEO expressed satisfaction with the rapid commencement of exploration and early indications of gold in soil sampling [3]. - MetalsGrove's CEO highlighted the efficiency of the PortablePPB assay technology, which has expedited the analysis process [3]. Geological Context - The Zuénoula permit is situated in a region with favorable geological characteristics, including mixed volcanic and metasediment lithological sequences, which are strong indicators of gold discovery potential [3][30]. - The area is part of the world's largest Proterozoic gold-producing region, with Côte d'Ivoire containing 35% of the Birimian Group rocks that host multiple multi-million-ounce gold deposits [30].

Core Insights - Uber reported better-than-expected revenue for the fourth quarter, but shares declined in premarket trading following the earnings release [1] Financial Performance - Revenue increased to $14.37 billion, surpassing the estimated $14.32 billion [5] - Mobility segment revenue reached $8.2 billion, a 19% increase year-over-year, while delivery revenue climbed 30% to $4.9 billion [1] - Net income for the quarter was $296 million, significantly down from $6.88 billion a year earlier, impacted by a $1.6 billion net pre-tax headwind from equity investment revaluations [2] Gross Bookings - Gross bookings for the quarter totaled $54.1 billion, exceeding the average analyst estimate of $53.1 billion [3] - For the first quarter, gross bookings are expected to increase by at least 17% year-over-year, projected between $52 billion and $53.5 billion [3] Business Segments - The delivery business showed the strongest revenue growth, expanding from restaurants to include groceries and retail [4] - Partnerships with various brands, including OpenTable and Shopify, contributed to the delivery segment's expansion [4]

Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday, as margins took a toll from the company's attempt to lift trip volumes throu... ...

By Akash Sriram Feb 4 (Reuters) - Uber Technologies backed its capital-intensive, early-stage autonomous vehicle strategy on Wednesday even as its profit took a hit from its push for affordable rides and higher taxes, sending the ​shares of the ride-hailing company down 5%. The company said it was committing capital to vehicle partners to secure ‌early supply and speed up deployments as its plaform has a structural advantage, while working with banks and private equity firms to finance most of ‌the auton ...

Financial Performance - Gross Bookings increased 22% YoY to $54.1 billion, with a constant currency growth of 22%[4] - Revenue for Q4 2025 grew 20% YoY to $14.4 billion, or 19% on a constant currency basis[4] - GAAP Income from operations reached $1.8 billion, a 130% increase YoY[4] - Adjusted EBITDA for Q4 2025 was $2.5 billion, up 35% YoY, with an adjusted EBITDA margin of 4.6%[4] - Non-GAAP Operating Income grew 46% YoY to $1.9 billion, representing 3.5% of Gross Bookings[4] - Full year 2025 Gross Bookings totaled $193.5 billion, a 19% increase YoY[7] - Full year 2025 Adjusted EBITDA was $8.7 billion, reflecting a 35% growth YoY[7] - Total revenue for Q4 2025 reached $14,366 million, a 20.1% increase from $11,959 million in Q4 2024[24] - Net income attributable to Uber Technologies, Inc. for Q4 2025 was $296 million, down from $6,883 million in Q4 2024[24] - Adjusted EBITDA for the year ended December 31, 2025, was $5,565 million, compared to $2,799 million for the year ended December 31, 2024, reflecting a significant growth[24] Cash Flow and Assets - Free cash flow for Q4 2025 was $2.8 billion, with net cash provided by operating activities at $2.9 billion[4] - Free cash flow for the year ended December 31, 2025, was $10,099 million, up from $7,137 million in 2024, showing a 41.5% increase[26] - Cash and cash equivalents rose from $5,893 million in 2024 to $7,105 million in 2025, indicating a 20.5% increase[22] - Total assets increased from $51,244 million as of December 31, 2024, to $61,802 million as of December 31, 2025, marking a 20.5% growth[22] - Cash and cash equivalents at the end of the period were $8,610 million, down from $9,003 million at the beginning of the period[27] Equity and Liabilities - Total liabilities increased from $28,768 million in 2024 to $33,719 million in 2025, representing a 17.3% rise[22] - Total equity increased from $22,383 million in 2024 to $27,918 million in 2025, a growth of 24.8%[22] Earnings Per Share - The company anticipates Q1 2026 Non-GAAP EPS to be between $0.65 and $0.72, representing a growth of 37% YoY at the midpoint[4] - The company reported a diluted net income per share of $0.14 for Q4 2025, down from $3.21 in Q4 2024[24] - GAAP Diluted EPS was $3.21 in Q4 2024, dropping to $0.14 in Q1 2025, while Non-GAAP EPS increased from $0.56 to $0.71 in the same periods[45] Research and Development - Research and development expenses for Q4 2025 were $885 million, compared to $785 million in Q4 2024, reflecting a 12.7% increase[24] Tax and Adjustments - The Non-GAAP effective tax rate for the year ended December 31, 2025, is projected to be 22%, up from 12% in 2024[38] - The company reported a total adjustment of $548 million excluded from Non-GAAP Operating Income for Q4 2024, which decreased to $144 million in Q1 2025[45] Market Strategy - The company plans to continue its market expansion and product development strategies to enhance its service offerings and drive growth[29] Consumer Metrics - Quarterly trips grew 22% year-over-year to 3.8 billion, driven by Monthly Active Platform Consumers (MAPCs) growth of 18% YoY[4] - Monthly Active Platform Consumers (MAPCs) are defined as unique consumers who completed a Mobility ride or received a Delivery order at least once in a month, averaged over each month in the quarter[30] - Gross Bookings, which include the total dollar value of Mobility rides and Delivery orders, are a key indicator of the platform's scale and revenue potential[29]

Core Insights - Uber Technologies, Inc. reported record-breaking financial results for Q4 and full year 2025, with over 200 million monthly users and more than 40 million daily trips, indicating a strong consumer base and engagement [2] - The company achieved $193 billion in Gross Bookings and $10 billion in free cash flow, reflecting the effectiveness of its platform strategy [2][3] - Uber is positioned for significant growth in the autonomous vehicle (AV) sector, with plans to invest in various opportunities while maintaining strong cash flow [2] Financial Highlights for Q4 2025 - Trips increased by 22% year-over-year (YoY) to 3.8 billion, driven by an 18% growth in Monthly Active Platform Consumers (MAPCs) and a 3% increase in monthly trips per MAPC [5][6] - Gross Bookings rose 22% YoY to $54.1 billion, with revenue growing 20% YoY to $14.4 billion [5][6] - GAAP Income from operations surged 130% YoY to $1.8 billion, while GAAP Net income attributable to Uber was $296 million, impacted by a $1.6 billion net headwind from equity investment revaluations [5][6] Full Year 2025 Financial Highlights - Total trips for the year reached 13.6 billion, a 20% increase from 2024 [7] - Gross Bookings for the year were $193.5 billion, up 19% YoY, with revenue increasing 18% to $52 billion [7][8] - GAAP Income from operations nearly doubled, growing 99% to $5.6 billion, while GAAP Net income attributable to Uber was $10.1 billion, a 2% increase [7][8] Q1 2026 Outlook - For Q1 2026, Uber anticipates Gross Bookings between $52.0 billion and $53.5 billion, representing a growth of 17% to 21% YoY [4] - Non-GAAP EPS is projected to be between $0.65 and $0.72, indicating a 37% growth YoY at the midpoint [4] - Adjusted EBITDA is expected to range from $2.37 billion to $2.47 billion [4] Segment Performance - In Q4 2025, Mobility gross bookings were $27.4 billion, a 20% increase YoY, while Delivery gross bookings rose 26% to $25.4 billion [9] - Revenue from Mobility increased by 19% to $8.2 billion, and Delivery revenue grew by 30% to $4.9 billion [9] - Adjusted EBITDA for Mobility was $2.2 billion, up 25%, while Delivery's Adjusted EBITDA increased by 40% to $1.0 billion [10]

Core Viewpoint - Uber Technologies is set to report its fourth-quarter financial results, with a focus on its ride-hail and Uber Eats businesses, as well as future plans for robotaxis [1] Earnings Estimates - Analysts expect Uber to report fourth-quarter revenue of $14.31 billion, an increase from $11.96 billion in the same quarter last year [2] - Earnings per share are anticipated to be 78 cents, up from 23 cents per share in the previous year's fourth quarter [2] - The company has consistently beaten revenue estimates in two consecutive quarters and in eight of the last ten quarters overall [2] Analyst Ratings and Price Targets - Wedbush analysts advise "incremental caution" regarding the mobility and delivery sector, maintaining a Neutral rating and a price target of $78 for Uber [4] - Other analysts have provided various ratings and price targets, including: - Needham: Buy rating with a price target of $109 - Stifel: Buy rating, price target lowered from $122 to $105 - Guggenheim: Buy rating with a price target of $135 - KeyBanc: Overweight rating, price target lowered from $110 to $105 - BTIG: Buy rating with a price target of $100 [9] Key Items to Watch - The upcoming financial results will focus on mobility and delivery, with particular interest in future financial guidance and robotaxi developments [5] - Uber has established partnerships with companies like Waymo, Lucid, Nvidia, and Weride for its robotaxi initiatives [5] - The robotaxi sector is expected to grow, but competition from Tesla could impact Uber's market position [6] - Investors are keen for more insights on robotaxis, as comments during the earnings call could influence stock performance [8] Recent Performance - In the third quarter, Uber reported year-over-year gains in mobility and delivery, with delivery revenue increasing by 29% [10] - Uber shares have seen a decline of 4.1% to $77.51, with a year-to-date decrease of 6.4% in 2026, but an increase of over 15% in the last 52 weeks [11]

A growing divide is forming between companies talking about artificial intelligence and those changing how they work. "Play-acting" is how many businesses approach AI, Uber Technologies Inc. (NYSE:UBER) CEO Dara Khosrowshahi said last month at the World Economic Forum in Davos, Switzerland, even as most companies plan to increase spending on the technology. Khosrowshahi said many organizations are "saying the right words" about AI without changing how their operations function. He added that the differe ...

Core Insights - Uber Technologies has launched its ride-hailing service in Macau, marking its first entry into a new Asian market in several years [1][9] - The service allows users to book and pay for taxis in multiple languages and includes a limousine service connecting Macau with Hong Kong, requiring 24-hour advance booking [2] - Uber previously exited mainland China in 2016 and Southeast Asia in 2018, but retains an ownership stake in Grab, which took over its operations in those regions [3][4] Group 1: Market Entry and Service Details - The relaunch in Macau is seen as a strategic move due to the city's appeal to millions of tourists, particularly from mainland China and Hong Kong [5] - Uber is hiring drivers and offering bonuses for completed rides during the current month to support the service's reintroduction [2] Group 2: Financial Performance and Valuation - Uber's shares have increased by over 15% in the past year, while the Zacks Internet-Services industry has seen a 60% growth [6] - The company trades at a 12-month forward price-to-sales ratio of 2.75X, which is considered inexpensive compared to its industry peers [9] - The Zacks Consensus Estimate for Uber's earnings has seen slight downward revisions for the upcoming quarters, with a marginal upward revision for 2025 [12]

Core Viewpoint - The Colombian government has no intention of banning ride-hailing platforms like Uber and Didi, but aims to introduce regulatory tools to standardize industry development [1] Group 1: Regulatory Framework - The transportation bill submitted to Congress is focused on enhancing compliance supervision and promoting the normalization of business activities rather than outright banning ride-hailing services [1] - The Ministry of Transportation and its regulatory authorities have confirmed that public transport services provided through technology platforms are currently legal in Colombia [1] Group 2: Compliance and User Trust - The bill emphasizes the importance of balancing enforcement with user choice and the principle of legal trust, indicating that the approach will not simply involve the prohibition of related platforms [1]