GraniteShares 2x Long UBER Daily ETF(UBRL.US)

Last Updated 19:00:00 ET
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Uber CEO prefers stablecoins for practicality over Bitcoin, aims to reduce costs with global money transfers.

Uber CEO Dara Khosrowshahi expressed a preference for stablecoins over Bitcoin for their practical benefits in global money transfers during the Bloomberg Tech Summit. He highlighted stablecoins' potential to reduce costs in cross-border transactions and mentioned that Uber is exploring the option of enabling cross-border stablecoin payments. While he considers Bitcoin a reliable asset, he believes stablecoins provide more practical advantages for businesses.

Unusual Whales·
US
UBER
-0.30%
US
UBEW
-0.52%
US
UBRL
-0.82%
Unusual Whales·
US
UBER
-0.30%
US
UBEW
-0.52%
US
UBRL
-0.82%

Auto & transport roundup: Market talk

Find insight on HD Hyundai Heavy Industries, Uber and more in the latest Market Talks covering the auto and transport sector..

MSN·
US
UBEW
-0.52%
US
FTXR
-1.19%
US
UBER
-0.30%
MSN·
US
UBEW
-0.52%
US
FTXR
-1.19%
US
UBER
-0.30%

DoorDash and Uber lose lawsuit; New York City's mandatory checkout showing tips new rule takes effect next week

DoorDash and Uber lost a lawsuit in New York City regarding a law that requires delivery platforms to display a tip option on the checkout page. A U.S. federal judge rejected the companies' request for a temporary restraining order, and the law will take effect on January 26. According to the regulation, platforms must show consumers a suggested tip option, with an amount not less than 10%. Delivery platforms are concerned that the new rule may lead consumers to feel that prices are too high, thereby affecting their willingness to place orders

AASTOCKS·
US
UBER
-0.30%
US
DASH
-0.20%
US
UBEW
-0.52%
AASTOCKS·
US
UBER
-0.30%
US
DASH
-0.20%
US
UBEW
-0.52%

Judge Denies Bid by DoorDash, Uber to Block NYC Tipping Law

Judge Denies Bid by DoorDash, Uber to Block NYC Tipping Law

marketscreener·
US
DASH
-0.20%
US
DASX
-0.54%
US
UBER
-0.30%
marketscreener·
US
DASH
-0.20%
US
DASX
-0.54%
US
UBER
-0.30%

Uber Technologies, Inc. $UBER Shares Sold by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC reduced its stake in Uber Technologies, Inc. by 82.6% in Q3, holding 3,021 shares valued at $296,000. Other institutional investors have also adjusted their positions. Insider selling included CFO Prashanth Mahendra-Rajah and Tony West, with a total of 14,875 shares sold in the last three months. Uber's stock opened at $82.48, with a market cap of $171.38 billion and a P/E ratio of 10.60. The company reported strong Q3 earnings, exceeding estimates with $3.11 EPS and $13.47 billion in revenue, up 20.4% year-over-year.

Market Beat·
US
UBEW
-0.52%
US
IYT
-1.04%
US
XTN
-1.57%
Market Beat·
US
UBEW
-0.52%
US
IYT
-1.04%
US
XTN
-1.57%
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