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Uber rides in top gear and trims loss in the fourth quarter of 2017

The rapid rise of ride-sharing platforms such as Lyft and Uber around the globe is touted to disrupt the transportation industry (Tier 1 cities have already seen the shift).

According to KraneShares, the “passenger economy” is forecasted to contribute $8 trillion to the global economy by 2050. As more and more people start using ride-sharing platforms, a ripple effect on other factors like car ownership, people mobility, the insurance industry, navigation services and so on, is not far away.

Ride sharing users expected to reach 684.4 million by 2022

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Key highlights from Autodesk (ADSK) Q4 2021 earnings results

Autodesk, Inc. (NASDAQ: ADSK) today reported its fourth quarter financial results for the period ended January 31, 2021. Net income for the fourth quarter was $911.3 million, or $4.10 per

Infographic: Beyond Meat (BYND) reports wider Q4 loss; Revenue up 4%

Beyond Meat (NASDAQ: BYND), a specialist in plant-based meat substitutes, Thursday reported a wider loss for the fourth quarter, despite an increase in revenues. The numbers also missed the consensus

Virgin Galactic stock tanks on delayed test flight

Virgin Galactic (NYSE: SPCE) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The space tourism company reported zero revenue in the fourth quarter, compared to $529,000

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