$Uber Technologies (UBER.US)$released its latest quarterly results a few days ago. I think it slowly become a stable growth rather than a hypergrowth, and soon be a profitable company. Here are some important points for you to take note of 1. Stabilizing revenue growth Although revenue grew 49% YoY, it is only just 3.2% against the preceding quarter. 2. Profitability in the latest quarter is due to valuation gained from investments Although Uber bro...
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TRIUMPHANT RETURNS
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I just waiting to short all these ride hailing platform since they will b the first to fall once self driving becomes a reality... If the biggest can't make money on transport but rely on investment on the sidelines.
71568693
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The assumption (once autonomous driving becomes a reality) will only be possible or impossible to achieve for a “long, long time” period. This “false” assumption induces retail investors to go short. Uber has previously divested its autonomous driving division; if it had money, it wouldn't do that.
U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data. U.S leading technology companies with strong market presence, influential in their industries, and notable for robust innovation and profitability. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in U.S Tech Companies, ranked from highest to lowest based on real-time market data.
TRIUMPHANT RETURNS : I just waiting to short all these ride hailing platform since they will b the first to fall once self driving becomes a reality... If the biggest can't make money on transport but rely on investment on the sidelines.
Hammer Man : Very helpful, thank you!
71568693 : The assumption (once autonomous driving becomes a reality) will only be possible or impossible to achieve for a “long, long time” period. This “false” assumption induces retail investors to go short. Uber has previously divested its autonomous driving division; if it had money, it wouldn't do that.