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Uber Shares Slip Despite Posting Strong Q3 Earnings

The ride-hailing company reported solid third-quarter results, but investor expectations on Wall Street exceeded the performance.

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Terms & Concepts
  • Earnings: A company's profits during a specific period, usually reported quarterly or annually.
  • Wall Street: A metonym for the U.S. financial markets and investment community, particularly in New York City.
  • Quarter (Q): A three-month period used for financial reporting and performance measurement.