Uber Bull Calls Grow Ahead of Earnings After Tesla's Robotaxi Event Underwhelmed
Uber(UBER) Investopedia·2024-10-29 16:30
Key Takeaways Uber reports earnings Thursday morning, with analysts expecting a substantial rise in profits and revenue from the same time last year. Analysts are largely bullish on Uber after Tesla's robotaxi event underwhelmed, easing some concerns about competition in the ridesharing space. Jefferies called Tesla's event a "best-case outcome" for Uber, as analysts left the event with questions about the timeline of the robotaxi rollout. Uber Technologies (UBER) will report earnings for the third quarter ...