1B$ net loss on 11.2B$ revenue in 2018. Revenue up 42% YoY. Operations loss was 3.03B$ in 2018. Interestingly, in their S-1, they explicitly state “We expect our operating expenses to increase significantly in the foreseeable future, and we may not achieve profitability.” Thoughts?
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What is the appeal to NVIDIA?
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How many hours a week are you working?
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That's actually not as bad i as i thought
$12B in losses since 2014. Wow!
Lol and dummies here want to say Uber is “Tier 1” - tier one companies make money, not somehow contrive a 100bn valuation while losing almost 2 bil a year...Christ.
If there's still room to grow and double userbase, then yeh... Technically could be worth whatever. Cause cost cutting to profitability is easier than growing :/
You know why Apple's valuation and PE isn't going anywhere? Because Apple is good at making money today off its one trick Pony of iPhones and amassing cash, but the company doesn't have enough ideas on where to push into next. That's why the 300B cash is more like an albatross than an asset. For a more extreme case, look at Micron's PE of 3 despite pulling in consistent incomes. Growth companies are valued differently. If on 50B bookings there is 1.8B in loss after funding expansions and R&D, how hard do you really think it is to tweak some knobs and turn a profit? Are all the quants VCs and fund managers dimwitted?
All in for shorting, guess I won't see you on the beach
All IPOs are restricted from options trading for 1 week. You can currently sell options on Lyft. Now to get around this you can sell some covered calls (if you’re actually insane, naked calls) on day one but again that’s insane.
Aren't naked calls illegal since last financial meltdown?
How does the compare to Lyft?
The question is, how does Uber's negative return compare with the negative interest rates we'll be getting in the next recession?
Where/when can I short this pump and dump stock? (Serious question)
Uber is an inherently flawed, unscalable business. Unless it is capable to put driverless cars on the street soon, it will collapse.
We are in an era beyond logic.
The technical term is "post-fact society"
The technical term is alternative-facts.