And President Trump wants federal agencies to work with social Media Companies to stamp out hate. But first, uber shares continue to fall after sales miss and a 5. 2 billion dollar loss in the second quarter. Much is due to the ipo in may. Cooper is trying to reassure investors, saying losses will come down over the next two years. Why such a dramatic reaction . Eric i think the stock reaction had to do with the revenue mix. If you are going to lose that much money, you have to keep growing. A 5 billion plus net loss is huge. That has to do with the stock tied to the ipo, but uber loses money regularly, although it did beat expectations. Emily are investors generally buying that this is a once in a lifetime of a company fix . Eric that narrative is challenged. I think if they were holy buying that, we would see uber above its ipo price. Analyst remain optimistic about uber. Many have buy ratings for the company, but there is a lot of Short Interest in the stock and there is a lot of sk
In recent weeks, former New York Times editor Adam Rubenstein revealed the extent of this problem in an Atlantic exposé, where he describes being treated as a “heretic” at the paper. A similar story has been told by Uri Berliner, senior business editor at NPR, who voiced his concerns over the network’s hard-left shift and growing tendency to tell listeners “how to think.” Berliner was suspended for his comments and then resigned.
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