Corporate stock

Uber CEO Dara Khosrowshahi, left, talks with specialist Peter Giacchi before his stock begins trading at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 13, 2019 - 9:03 am
NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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FILE - In this Friday, March 29, 2019 file photo, Lyft co-founders John Zimmer, front second from left, and Logan Green, front second from right, cheer as they as they ring a ceremonial opening bell in Los Angeles, to mark trading on the Nasdaq exchange under the ticker symbol "LYFT." A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the competition, giving the leaders a duopoly in almost every American city. (AP Photo/Ringo H.W. Chiu)
May 11, 2019 - 2:40 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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Uber CEO Dara Khosrowshahi, third from left, takes a photograph as he attends the opening bell ceremony at the New York Stock Exchange, as his company makes its initial public offering, Friday, May 10, 2019. (AP Photo/Richard Drew)
May 10, 2019 - 12:10 pm
NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. The ride-hailing giant priced shares in the IPO Thursday at $45 each, raising $8.1 billion and giving the company a valuation...
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FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 6:46 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
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Annette Ribero, left, of San Jose, and Jeff Terry, of Sacramento, hold signs during a demonstration outside of Uber headquarters Wednesday, May 8, 2019, in San Francisco. As Uber executives lure investors to infuse the company with billions of dollars ahead of the largest technology IPO this year, the men and women behind the wheels of the largest ride-hailing companies are pushing for higher wages and recognition for their role in building the companies. (AP Photo/Eric Risberg)
May 08, 2019 - 5:35 pm
NEW YORK (AP) — The executives at Uber are working hard to design a future where the company earns billions of dollars by allowing riders to summon fully automated robotaxis. Until then, they must rely on an army of human drivers — nearly 4 million across the globe — to keep the business humming...
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FILE - In this March 29, 2019 file photo, Los Angeles mayor Eric Garcetti speaks during and event for Lyft in Los Angeles. Lyft reports financial results on Tuesday, May 7, 2019. (AP Photo/Ringo H.W. Chiu, File)
May 07, 2019 - 6:24 pm
NEW YORK (AP) — Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut. The ride-hailing company posted revenue of $776 million during the first quarter of 2019, nearly doubling the amount it made the same time last...
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FILE - In this May 8, 2018, file photo, a Waymo logo is displayed on the door of a car at the Google I/O conference in Mountain View, Calif. Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. (AP Photo/Jeff Chiu, File)
May 07, 2019 - 6:19 pm
SAN FRANCISCO (AP) — Google's self-driving car spinoff Waymo is teaming up with Lyft in Arizona to attempt to lure passengers away from ride-hailing market leader Uber. The alliance announced Tuesday will allow anyone with the Lyft app in the Phoenix area to summon one of the 10 self-driving Waymo...
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FILE - In this May 1, 2019, file photo, trader Robert Charmak, left, works on the floor of the New York Stock Exchange. On Monday, May 6, U.S. stocks plunged at the opening of trading, following a sell-off in global markets, after President Donald Trump threatened to escalate a trade war between the world’s two largest economies. (AP Photo/Richard Drew, File)
May 06, 2019 - 2:56 pm
Fresh market jitters over the possibility of an escalation in the costly trade war between the U.S. and China pulled stocks broadly lower on Wall Street Monday. The sell-off, which eased toward the end of the day after an initial steep slump, came a day after President Donald Trump threatened to...
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A woman rides a bicycle past a globe structure on display outside a bank in Beijing, Monday, May 6, 2019. U.S. President Donald Trump raised pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods in a tweet that sent financial markets swooning. Trump's comments, delivered on Twitter, came as a Chinese delegation was scheduled to resume talks in Washington on Wednesday aimed at resolving a trade war that has shaken investors and cast gloom over the world economy. (AP Photo/Andy Wong)
May 06, 2019 - 9:16 am
NEW YORK (AP) — In what could be a grim preview of what's to come if the world's two largest economies square off in a trade war, shares in multinational corporations were hammered Monday on both sides of the Pacific after a tweet from President Donald Trump. That damage would almost certainly...
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FILE- In this Sept. 5, 2018, file photo Uber CEO Dara Khosrowshahi is interviewed after the company's unveiling of the new features, in New York. Uber's CEO is barring his predecessor from taking part in the opening-bell ceremony at the New York Stock Exchange next week, when the ride-sharing company is expected to make its hotly anticipated stock market debut. In a report published Friday, May 3, 2019, The New York Times cites unnamed sources who say Uber CEO Dara Khosrowshahi has decided that Travis Kalanick is not welcome to share the balcony of the NYSE when Uber begins trading as a public company. (AP Photo/Richard Drew, File)
May 03, 2019 - 7:32 pm
NEW YORK (AP) — Uber's CEO is barring his predecessor from taking part in the opening-bell ceremony at the New York Stock Exchange next week, when the ride-hailing company is expected to make its hotly anticipated stock market debut. In a report published Friday, The New York Times cites unnamed...
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