It Sure Looks Like Wall Street Insiders Are Bracing for a Stock Market Plunge
May was a big month for insider selling, suggesting that those in the C-suite are preparing for an upcoming stock market correction.
Uber
Is Uber Using the Coronavirus to Ditch the Idling Ride-Hailing Business?
The coronavirus pandemic reshaped Uber’s business. Some changes are irreversible and could soon make the ride-hailing firm unrecognizable.
Coronavirus Has Exposed New Uber CEO for Who He Really Is: Travis Kalanick 2.0
Three years after Travis Kalanick left Uber and dumped his stake in the company, it is hard to tell he’s no longer in charge.
Razor Thin Food Delivery Profits Will Test Grubhub Stock
Grubhub stock is hot because of stay-at-home orders and possible Uber Eats merger, but a lack of profitability doesn’t justify valuations.
Uber Eats Grubhub: The Cash-Burn Duo Making a Recipe for Disaster
Uber is trying to buy Grubhub (NYSE: GRUB) in an effort to corner one of the crowded and costly markets on the planet.
Why Uber Splurged on a $170 Million Investment as It Laid-off Thousands
Uber led a $170 million investment round in micro-mobility firm Lime just hours after announcing it was laying off 3,700 employees.
The Ugly Truth About Uber’s Blood-Sucking Coronavirus Bailout Plea
Uber is begging Congress to bail out rideshare drivers. But given Uber’s history, this lobbying effort is anything but noble.
Coronavirus Pandemic Exposes the Gig Economy for the Flawed Industry That It Is
Gig workers get a raw deal at the best of times. During the coronavirus pandemic, they’re suffering even more than usual. Will they get help?
Uber Risks Becoming Another WeWork Disaster Unless It Abandons Reckless Strategy
The growth-at-all-costs strategy adopted by ride-hailing firm Uber has been a disaster. Unless it is abandoned, it will be another WeWork.
Why Uber Stock’s Earnings Fluke Shouldn’t Fool You
Uber stock is rallying after a better than expected fourth quarter. Here is why the stock will soon fall back to earth.