President ial election and states are struggling to update election systems. What it means for voter privacy and Election Security. Uber is out with earnings and it is not a pretty picture. Shares falling in after hours training on monday after hours trading on monday. Growth bookings missed estimates. Also light of estimates, uber eats and platform consumers. In tom white,ng analyst with da davidson, who makes a market with uber and lyft. Someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. When you look at the top line numbers, the revenue number was really strong. What the rates tell you is that uber is cutting down on subsidies and showing the improved take rates for both rides and eats. Rides growth, booking growth, Revenue Growth all in line is a sign that they are focused more on profitable Revenue Growth. Taylor tom, you can see the fullyear adjusted ebit are loss, how much is that an encouraging sign they are a
Just facebook at all. Lets dive into all the action. Abigail im taking a look at the dollar. A steepe, the dollar in decline. A spike we saw a bit of higher for the bloomberg dollar index. Up 1 10 of 1 . We do see overall an uptrend for the dollar index. The dollar bulls are in charge. On the recent weakness, all down in the 200 day moving average. It is not clear if that support will hold or if we will go down to 97. Right now, the bloomberg dollar index and the dollar index trying to hang on. Renita right back to earnings, looking at mcdonalds. Shares that the lowest since june on disappointing earnings. The chain is still struggling to pull more customers in its stores in the u. S. Mcdonalds gets more than a third of its revenue from the u. S. , where it has been have a hard time bringing more diners in, especially during the morning hours. Fierce fast food competition pulling customers away. Competition continues to heat up. Been heavily investing in technology. License plate scann
Not activating alert sirens resigns. President biden meets with leaders of japan and south korea to shore up alliances amid increasing instability in the pacific. And israels minister for strategic pairs discusses tumultuous politics at home and his countrys diplomatic deal with saudi arabia. Lets not underestimate the impact that an israeli saudi arabia deal could have and would mean at least the beginning of the end of the arabisraeli conflict. Major funding for the pbs newshour has been provided by the ongoing support of these institutions and individuals. And friends of the newshour, including jim and nancy build there and kathy and Paul Anderson. The john s. And james l. Knight foundation, fostering an informed and engaged communities. More at kf. Org. And with the ongoing support of these individuals and institutions. And friends of the newshour. This program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like yo
President biden meets with leaders of japan and south korea to shore up alliances amid increasing instability in the pacific. Israels minister for Strategic Affairs discusses the tumultuous policies at home and his countrys potential diplomatic deal in saudi arabia. Lets not underestimate the impact an israeli saudi can have on the region in the world it would effectively be at least the beginning of the israeli conflict. Major funding for the pbs newshour been provided by. The ongoing support of these individuals and institutions. And friends of the newshour. Including jim and nancy nolan and kathy and paul anderson. The john s and james l night foundation. Fostering informed and engaged communities. And with the ongoing support of these individuals and institutions. And friends of the newshour. This program was made possible by the corporation for public broadcasting and contributions to your pbs station from viewers like you. Thank you. Good evening and welcome to the newshour. The
Obviously, thats a big story of the day. We have big trade alerts in tech specifically we have josh and jim all hitting the button today, but in different areas. Josh, you just bought netflix here down about 2 . Why did you buy it what are you seeing here is this trade . Is this investment tell us what you are seeing. Right now its a trade. Ive done this before with netflix. When this stock blew up in, i think, april of 2022, it was, i think, like one of the best buying opportunities for a large cap growth name of the year. And it took a while. It wasnt like a vshaped recovery i dont know that well get a vshaped year. Once again, the stock is blowing up because the quote, unquote longterm shareholders here continue to embarrass the brand. I cant believe that we saw reaction like we did about them reducing the subscriber guidance it is such a childish metric to begin with it is people that dont own a business think that thats like an important thing when in reality, the company is telli