ETFs to Buy as Uber Rallies Post Earnings Release

Uber Technologies' (UBER) second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 10.9% on Tuesday. The company came up with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.18 per share a year ago. Uber, which belongs to the Zacks Internet - Services industry, posted revenues of $10.7 billion for the quarter ended June 2024, s ...