$Uber Technologies (UBER.US)$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.
Stocks that are expected to benefit from a Federal Reserve rate cut. 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 Fed Rate Cut Beneficiaries, ranked from highest to lowest based on real-time market data. Stocks that are expected to benefit from a Federal Reserve rate cut. 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 Fed Rate Cut Beneficiaries, 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.