Tesla gets another bullish call, Apple opens up about self-driving car tech, Sears and Imax are cutting jobs
Apple, Tesla, Sears and Imax are among the stocks to watch.
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Uber Technologies stock was falling Wednesday after the ride-sharing company posted a first-quarter loss when analysts expected a profit. Uber reported a first-quarter adjusted loss of 32 cents a share on revenue of $10.13 billion. The net loss for the quarter was $654 million, which includes a $721 million headwind due to “unrealized losses related to the revaluation of Uber’s equity investments.”
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Motley FoolLuminar says Tesla is biggest customer for its lidar sensors
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
ReutersWarren Buffett's $56 Billion Silent Warning to Wall Street May Portend Trouble for Stocks
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
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