Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors have been laser-focused on the performance of the technology-heavy Nasdaq-100 index this year, because it hosts some of the fastest growing companies in the world. Uber Technologies (NYSE: UBER) and Duolingo (NASDAQ: DUOL) are two of them, and here's why investors should consider buying them before they rebound. Uber's bread and butter has always been mobility (ride-hailing), but the company has never been scared to conquer new verticals.
Uber's (UBER) efforts to expand its Delivery operations in response to the surge in business are impressive. However, rising expenses are concerning as they pose a threat to Uber's bottom line.