Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Core Insights - Uber Technologies has established itself as the world leader in the crowdsourced ride-hailing industry since its inception in 2009 by Travis Kalanick [1] - The company has diversified its services beyond ride-hailing to include online food delivery, grocery, parcel delivery, and freight forwarding [1] Company Overview - Founded in 2009, Uber has expanded its business model significantly over the years [1] - The company operates in multiple sectors, showcasing its adaptability and growth potential in various markets [1] Investment Perspective - The article reflects a positive outlook on Uber's stock, indicating a beneficial long position held by the analyst [1]

Investors might want to bet on Maplebear (CART) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this operator of the Instacart grocery delivery service reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research show ...

Uber reported first-quarter results Wednesday that beat analysts' expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report.Here's how Uber did versus analysts' estimates compiled by LSEG:Earnings per share: 83 cents vs. 50 cents expected.Revenue: $11.53 billion vs. $11.62 billion expected.Revenue at the ride-sharing company grew about 14% in the first three months of 2025, up from $10.13 billion during the same period in 2024.The compan ...

Maplebear (CART) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.63%. A quarter ago, it was expected that this operator of the Instacart grocery delivery service would post earnings of $0.37 per share when it actually produced earnings of $0.53, delivering a surprise of 43.24%.Over ...