UBER Fed Chairman Powell said the Fed is in no rush to cut rates despite pressure from Trump to lower U.S. borrowing costs. The policy stance is now much looser than before, and the economy remains strong, so there is no need to rush to adjust the policy stance. Inflation has eased significantly, but remains high
EPS: $3.21 vs. $0.49 expected – that’s over 500% beat!
Revenue: 12B, smashing the 11.77B forecast.
Gross Bookings: Up 18% to 44.2B.
User Growth: +14%, hitting 171 million.
2025 Outlook: EBITDA growth of 30–37% and bookings up 17–21%.
The stock dropped 8%? That’s pure market noise. This isn’t a miss; it’s a setup for a rally. Uber’s growth is accelerating, profitability is skyrocketing, and the future looks even stronger.
LYFT Wild markets. AMD beats earnings, and the stock tanks but NVDA rises. UBER beats expectations but the stock tanks and LYFT follows suit and tanks. 🤷♂️