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Uber may pay a 25% premium for Grubhub in a takeover, Barclays says

The potential deal "allows GRUB shareholders to participate in what we think could be a strong ride-hail industry recovery," Barclays said.
GrubHub CEO Matt Maloney (C) applauds after ringing the opening bell before the company's IPO on the floor of the New York Stock Exchange in New York April 4, 2014.

GrubHub surges 37% on report of potential takeover by Uber

Both companies are in negotiations and could close a deal before the end of the month, sources familiar with the matter told Bloomberg.
FILE PHOTO: A Lyft rideshare driver wears a mask as he leaves passengers in the U.S. Capitol Hill neighborhood in Washington

Lyft surges 19% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry

"The strength and duration of these headwinds cannot presently be estimated. These are the hard truths we are facing," CEO Logan Green said.

‘Herculean-like challenges looking ahead’: Here’s what 4 analysts are saying ahead of Uber’s first-quarter earnings report

"On the other side of this dark valley, the Uber business model will likely look a lot different for the next few years," Wedbush analysts said.

Uber surges 43% after its CEO says it has enough cash to get through the coronavirus pandemic

"We are well positioned to weather this," Uber CEO Dara Khosrowshahi said on a Thursday call with investors.
Microsoft CEO Satya Nadella

These are the 10 tech stocks to own for the long term as coronavirus smacks markets, one firm says

The recent coronavirus-induced market rout represents "golden buying opportunities" for the top tech stocks, wrote Wedbush analyst Daniel Ives.
Uber CEO Dara Khosrowshahi speaks onstage at Day 1 of the Vanity Fair New Establishment Summit 2018 at The Wallis Annenberg Center for the Performing Arts on October 9, 2018 in Beverly Hills, California.

Slack spikes 8% after Uber decides to use the chat app for its 38,000 employees

It's the second large enterprise client after IBM that's gone "all in" with the workplace chat-app in February.

‘Taking a different approach’: Lyft reports quarterly earnings Tuesday after market close. Here’s what 5 analysts are saying.

Lyft reports its quarterly earnings results a few days after rival Uber beat expectations and updated its timeline to profitability.

Uber’s accelerated race to profitability has one Wall Street analyst doubling down on it as the best stock pick of 2020

"We still see material upside potential from current levels," Mark Mahaney of RBC Capital Markets said in a Friday note.

Uber surges after saying it will be profitable a year earlier than expected

The results were "a huge step forward" for Uber and it "shows the business model is starting to hit another gear," wrote Daniel Ives of Wedbush.