Uber keeps burning through money and its sales growth slows as it prepares for IPO

Uber’s sales growth is dramatically slowing.....»»

Uber Technologies, as it steers toward a planned IPO later this year, reported its slowest sales growth since the company began disclosing detailed financials two years ago......»»

Amazon's sales soared as CEO Jeff Bezos prepares to step aside for his successor Andy Jassy......»»

Nike Inc. sales grew slower than expected in the heart of the holiday season, as disruptions in its supply chain made delivering goods to North America more difficult......»»

Nike Inc. sales grew slower than expected in the heart of the holiday season, as disruptions in its supply chain made delivering goods to North America more difficult......»»

Google reported its weakest revenue growth in nearly five years in the first quarter as the pandemic-driven recession began to shrivel its advertising sales. .....»»

Snap Inc. shares shot higher in the extended session Tuesday after Snapchat’s parent company revealed advertising revenue rose above estimates that were diminished by fears of the spread of COVID-19......»»

After a decade of sustained growth, .....»»

Following a decade of sustained growth, Pors.....»»

As growth slows in the world's second-largest economy, American companies are looking for more reasons why they should stay and invest more......»»

CNBC's Jim Cramer breaks down why money managers are rotating from cyclical to secular growth stocks. The "Mad Money" host explains why he's more bullish on Uber......»»

Spencer Platt/Getty Images Economists are lowering their fourth-quarter GDP expectations as holiday sales arrive lower than anticipated and utility use slows. Bank of America slashed its fourth-quarter growth esti.....»»

Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike......»»

Consumer Loses Faith As Annual Retail Sales Growth Slows Dramatically While Chinese retail sales grew at the slowest pace since 2003 and US consumer comfort has plunged recently, US retail sales were expected to rebound in October after Sept.....»»

Chinese retailer Alibaba Group Holding Ltd's sales for its 24-hour Singles' Day shopping blitz hit a record $38.4 billion, more than U.S. rival Amazon.com Inc's haul last quarter from online store sales......»»

Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region......»»

Goldman Sachs, stung by losses in Uber and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets... To view the full story, click the title link......»»

U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed......»»

Microsoft Corp on Wednesday forecast sales for its cloud computing services that topped analysts' estimates, even as quarterly growth slows for its Azure business......»»

REUTERS/Ruben Sprich Companies should be going public sooner, BlackRock CEO Larry Fink said on CNBC Tuesday.  The head of the largest asset manager said there was too much money being poured into private growth valuations, and now t.....»»