Wednesday, May 4, 2022

Uber Q1: $6.85B revenue, up 136% YoY, net loss of $5.9B due to equity investments, gross bookings of $26.4B, up 35%, mobility revenues crossed delivery revenues (Jessica Bursztynsky/CNBC)

Jessica Bursztynsky / CNBC:
Uber Q1: $6.85B revenue, up 136% YoY, net loss of $5.9B due to equity investments, gross bookings of $26.4B, up 35%, mobility revenues crossed delivery revenues  —  - Uber reported first-quarter earnings before the bell Wednesday.  — Mobility revenues have finally surpassed delivery revenues, as travel rebounds.



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SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)

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