Uber Q4 net profit totals .8 billion, revenue jumps 25%; Gross bookings up 18% to .2 billion | Stock Market News

Uber Q4 net profit totals $6.8 billion, revenue jumps 25%; Gross bookings up 18% to $44.2 billion | Stock Market News

Source: Live Mint Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth. Shares declined in premarket trading on Wednesday. Adjusted earnings before interest, taxes, depreciation and amortization were $1.84 billion, just shy of the $1.85 billion that Wall Street was projecting, Uber said in a statement on Wednesday. Income from…

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How equity investors can ride the post-Budget wave

How equity investors can ride the post-Budget wave

Source: Live Mint For decades, India’s salaried class viewed themselves as a minority—sandwiched between the elite and what they believe is the world’s largest population of the “politically pampered”. And in most Budgets, they found the discourse to be dominated by farmers, the poor, women and other groups. Which is why the record ₹1 trillion…

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Mutual Funds: Why ’watching the pot’ is hurting your returns—And your sanity | Mint

Mutual Funds: Why ’watching the pot’ is hurting your returns—And your sanity | Mint

Source: Live Mint In today’s fast-paced, information-driven world, it’s easy to get obsessed with monitoring the performance of your mutual fund every single day. With apps and websites giving live updates, checking your investment’s performance has never been easier. But is this constant scrutiny really benefiting you? The answer may surprise you. In fact, it…

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