Uber Makes History with First-Ever Profitable Quarter, but Faces Stock Market Challenges
Uber’s Milestone Quarter: Uber, the well-known ride-hailing and food delivery company, achieved a major milestone by reporting its first-ever profitable quarter. For the first time in its nine-year history since 2014, the company recorded an operating income of $326 million. Investors were initially excited, and the stock price surged by 4% in pre-market trading, possibly … Read more