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Why I’m Betting UBER Is Crushing LYFT

Article By:
Greg Feirman
Thursday, February 9, 2023 7:37 AM EDT
UBER reported an excellent 4Q22 before the market opened on Wednesday and shares rose 5.32%. However, shares of LYFT fell 6.58% on the day. What does it mean?
UBER Is Crushing It, But The Stock Is Short-Term Overbought

Article By:
Greg Feirman
Wednesday, February 8, 2023 11:30 AM EDT
Uber Technologies reported another strong quarter this morning and I now believe the stock will be a long-term winner, but it’s overbought in the short-term.
In this article: UBER
Market Preview For The Week Of Feb. 6-10: Uber & PayPal

Article By:
Greg Feirman
Saturday, February 4, 2023 1:00 PM EDT
Thankfully, next week will slow down from last week’s pace so that we can catch our breath. There are a couple of earnings reports that I’ll be focusing on: Uber and PayPal. These are important companies in the secular trend toward a digital economy.
UBER Is Crushing It, But The Stock Is Short-Term Overbought
I want $UBER back at $25. I want to buy more!
Uber, Lyft Revenues Drop By Staggering 50% Due To Coronavirus Outbreak
Considering that many companies are now at 0%, this is actually surprisingly good news for $UBER and $LYFT. Plus that 50% decrease does not include the additional 50% increase in Uber’s food delivery segment.
Kalanick Set To Liquidate Entire Uber Stake After $2.5 Billion Dump
Travis Kalanick didn't sell a single share until the all time low of #Uber's stock which was the day of the lockup. That graph makes it look like he started selling before it crashed to all time lows. It is incredibly misleading. $UBER stock is up ALMOST 20% since Travis Kalanick sold his first share.