Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up 8% year-over-year and above the Wall Street projection. Meanwhile, the net loss of $0.06 per share was narrower than what analysts had targeted.
Uber shares were up 2% immediately following the announcement. The stock has traded mostly sidewise since the beginning of this year.
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Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to
It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management