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Motley Fool Money

No Artificial Sweetener for Uber

Feb 7, 2024
35:00
Snipd AI
Uber's first-ever full-year profit without any caveats. Chipotle's fantastic quarter and why you can't bet against big burrito. Roblox's return to strong user metrics and analysts talking about the ad business. Dating profiles for stocks and which companies make good long-term partners for investors.
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Podcast summary created with Snipd AI

Quick takeaways

  • Uber's first-ever full-year profit indicates its core business is becoming more efficient and less reliant on artificial sweeteners for growth.
  • Chipotle's strong execution, growth potential, and expansion strategy make it an attractive investment.

Deep dives

Uber's Strong Financial Performance

Uber reported its first-ever full-year profit, with impressive growth in gross bookings and adjusted EBITDA. The company's gross bookings increased by 22% in the fourth quarter, and adjusted EBITDA rose to $1.3 billion, up $618 million year over year. This indicates that Uber's core business is becoming more efficient and less reliant on artificial sweeteners to drive its growth. However, there are still challenges ahead, particularly in the freight sector.

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