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UBER

Uber

$0.00

(0.00%)

, AAPL

Apple

$201.95

2.95 (1.48%)

12:37
04/17/19
04/17
12:37
04/17/19
12:37

Uber says to bring Apple Pay to Uber Eats

Mithat Ayok, Senior Product Manager, Uber (UBER), said in a statement: "At Eats, we're always thinking about ways to enhance your delivery experience. That's why we're bringing Apple Pay (AAPL) to our app, so you can pay for your order faster, more conveniently and securely. Apple Pay will be rolling out to customers in nearly 20 markets in the coming weeks. Riders who have been relying on Apple Pay since we combined forces in 2014 already know that paying in apps with Apple Pay is as simple as a glance with Face ID or the touch of a finger with Touch ID on our iPhone. There's no need to manually fill out lengthy account forms or type in billing information. Security and privacy are at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code. We're excited to offer this service that's transforming payments. Apple Pay will be rolling out to customers in Belgium, Canada, France, Hong Kong, Ireland, Italy, Japan, New Zealand, Poland, Portugal, Spain, Sweden, Switzerland, Taiwan, the United Arab Emirates, United Kingdom and the United States, so keep an eye out in your Uber Eats app for this convenient payment option." Reference Link

UBER

Uber

$0.00

(0.00%)

AAPL

Apple

$201.95

2.95 (1.48%)

  • 30

    Apr

  • 03

    Jun

UBER Uber
$0.00

(0.00%)

04/17/19
GUGG
04/17/19
NO CHANGE
GUGG
Neutral
Uber S-1 filing not a positive for Lyft, says Guggenheim
After reviewing Uber's (UBER) S-1 related to its planned initial public offering, Guggenheim analyst Jake Fuller tells investors that he does not see the Uber filing as a positive for Lyft (LYFT). He explains that his read of Uber's disclosures "seem to suggest" that Lyft's domestic market share may be lower than the 39% it claims. Additionally, Uber indicates that it expects near-term pressure on take-rates and profit margin, but the Lyft bull case includes a rational-competition scenario, Fuller said. Either Uber may be understating or Lyft may be overstating take-rate, but "it is clear that the reported metrics are not comparable," added Fuller, who keeps a Neutral rating on Lyft shares.
04/12/19
JEFF
04/12/19
NO CHANGE
Target $80
JEFF
Hold
Food delivery is not winner-take-all industry, says Jefferies
Jefferies analyst Brent Thill believes much of this information disclosed last night by Uber (UBER) regarding Uber Eats was already well understood by investors. Uber has been more transparent about the Eats business the last couple quarters, Thill tells investors in a research note. He points out that GrubHub (GRUB) shares are down 54% from their highs, which he believes is due to increased competition and disclosures from Uber and other larger players. Uber Eats is likely losing money while GrubHub has been profitable since its initial public offering, says Thill. Further, he believes that while the "rapid growth" of Eats creates a challenging competitive environment, third party food delivery is not a winner-take-all industry. The analyst, while acknowledging GrubHub's risk/reward is getting more attractive, keeps a Hold rating on the stock with an $80 price target. Thill continues to like Waitr Holdings (WTRH) and would be a buyer of the stock on the recent pullback.
04/12/19
WEDB
04/12/19
NO CHANGE
Target $100
WEDB
Outperform
GrubHub price target lowered to $100 from $130 at Wedbush
Wedbush analyst Ygal Arounian lowered his price target for GrubHub (GRUB) to $100 from $130 but maintained an Outperform rating after Uber (UBER) released its S-1, which included data on its Uber Eats division, to better reflect the continued changes in competitive dynamics. In a research note to investors, Arounian says GrubHub investors were likely hoping for more clarity on Uber Eats' U.S. diners and gross food sales, but says take rates are "comparable but headed in different directions," with GrubHub's take rate on the rise and Uber Eats' take rate declining. He estimates Uber Eats' U.S. scale is where he previously expected and trails GrubHub.
10/22/18
PIPR
10/22/18
NO CHANGE
Target $85
PIPR
Overweight
Twilio 23% pullback this month a buying opportunity, says Piper Jaffray
Piper Jaffray analyst Alex Zukin recommends using the 23% pullback in Twilio shares this month as a buying opportunity. The analyst left the company's Signal conference believing that the demand environment "remains robust." Floor conversations with employees and sales executives suggest that "morale is high and quotas are attainable," Zukin tells investors in a research note. Further, the conversations also suggested that Uber may be considering engaging with Twilio when it comes to Flex, the analyst adds. He believes that if true, this would be a "big turn of events with regard to the Twilio-Uber relationship and may lead to yet another change in the financial relationship between the two companies." Zukin reiterates an Overweight rating on Twilio with an $85 price target.
AAPL Apple
$201.95

2.95 (1.48%)

04/17/19
OTRG
04/17/19
NO CHANGE
OTRG
Apple Q1 iPhone shipments short of supply chain sources' view, says OTR Global
OTR Global said it believes Q1 iPhone shipments fell short of supply chain sources' January expectations, with Q1 shipments now estimated at 37M-42M units compared to a forecast of 40M-45M in January.
04/17/19
WELS
04/17/19
NO CHANGE
WELS
Market Perform
Intel exiting 5G smartphone modem business 'a positive,' says Wells Fargo
Wells Fargo analyst Aaron Rakers says that following the Apple (AAPL)-Qualcomm (QCOM) settlement announcement, Intel (INTC) announced its intention to exit the 5G smartphone modem business. The analyst views this as a positive for Intel. Rakers reiterates a Market Perform rating on Intel's shares.
04/17/19
04/17/19
UPGRADE
Target $90

Outperform
Qualcomm upgraded to Outperform following Apple settlement at Evercore ISI
As previously reported, Evercore ISI upgraded Qualcomm (QCOM) to Outperform from In Line and raised its price target to $90 from $60 following the settlement with Apple (AAPL). Analyst C.J. Muse expects Qualcomm's earnings power to move "considerably higher" with incremental earnings of $2 from Apple and sees normalized earnings of $6.50-$7 into FY21 when including Huawei payments and buybacks. Muse said shares are "finally invertible again" now that the litigation is over combined with a clear path for the 5G ramp.
04/17/19
RSBL
04/17/19
NO CHANGE
Target $84
RSBL
Buy
Qualcomm price target raised to $84 from $70 after Apple pact at Rosenblatt
Rosenblatt analyst Jun Zhang raised his price target on Qualcomm (QCOM) to $84 from $70 following the company's settlement with Apple (AAPL), stating that he expects Apple to switch to Qualcomm modems in the second half of calendar 2019. He is "conservatively" modeling Qualcomm having 60% modem share at Apple in the second half of this year and believes Apple will use 100% Qualcomm 5G modems by the second half of 2020, Zhang tells investors. He estimates Apple will contribute $4B of total revenue to Qualcomm in 2020, including 40M 4G modem shipments and 100M 5G modem shipments. Zhang keeps a Buy rating on Qualcomm shares, which are up 14% to $80.55 in pre-market trading.

TODAY'S FREE FLY STORIES

08:50
04/25/19
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General news
The 37k initial claims pop to 230k »

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GOOGL

Alphabet Class A

$1,260.07

-10.53 (-0.83%)

, AMZN

Amazon.com

$1,900.72

-23.36 (-1.21%)

08:49
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08:49
Recommendations
Alphabet Class A, Amazon.com analyst commentary  »

Alphabet price target…

GOOGL

Alphabet Class A

$1,260.07

-10.53 (-0.83%)

AMZN

Amazon.com

$1,900.72

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DHI

D.R. Horton

$46.67

0.275 (0.59%)

08:48
04/25/19
04/25
08:48
04/25/19
08:48
Earnings
D.R. Horton sees Q3 revenue $4.4B-$4.6B, consensus $4.75B »

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ENB

Enbridge

$37.82

0.145 (0.38%)

08:48
04/25/19
04/25
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08:48
Downgrade
Enbridge rating change  »

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WWE

WWE

$98.47

-0.8 (-0.81%)

08:48
04/25/19
04/25
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08:48
Earnings
WWE sees FY19 revenue of approx. $1B, consensus $1.03B »

The company said,…

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DPZ

Domino's Pizza

$282.93

12.68 (4.69%)

08:48
04/25/19
04/25
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08:48
Recommendations
Domino's Pizza analyst commentary at Stephens »

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TSLA

Tesla

$258.70

-5.15 (-1.95%)

08:47
04/25/19
04/25
08:47
04/25/19
08:47
Recommendations
Tesla analyst commentary at Jefferies »

Jefferies still sees…

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WWE

WWE

$98.47

-0.8 (-0.81%)

08:46
04/25/19
04/25
08:46
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08:46
Earnings
WWE reports Q1 EPS (11c), consensus (2c) »

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BIP

Brookfield Infrastructure

$41.62

-0.03 (-0.07%)

, BAM

Brookfield

$47.73

-0.51 (-1.06%)

08:46
04/25/19
04/25
08:46
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08:46
Downgrade
Brookfield Infrastructure, Brookfield rating change  »

Brookfield Infrastructure…

BIP

Brookfield Infrastructure

$41.62

-0.03 (-0.07%)

BAM

Brookfield

$47.73

-0.51 (-1.06%)

03/08/13
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OAK

Oaktree Capital

$50.35

-0.23 (-0.45%)

08:45
04/25/19
04/25
08:45
04/25/19
08:45
Earnings
Oaktree Capital reports Q1 EPS $1.46, consensus $1.27 »

Reports Q1 revenue…

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QTT

Qutoutiao

$8.90

-0.11 (-1.22%)

, RDFN

Redfin

$21.13

-0.68 (-3.12%)

08:45
04/25/19
04/25
08:45
04/25/19
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

QTT

Qutoutiao

$8.90

-0.11 (-1.22%)

RDFN

Redfin

$21.13

-0.68 (-3.12%)

PZZA

Papa John's

$50.49

1.605 (3.28%)

PAAS

Pan American Silver

$12.59

0.255 (2.07%)

UBS

UBS

$13.16

0.07 (0.53%)

OSTK

Overstock.com

$13.72

-0.09 (-0.65%)

XON

Intrexon

$4.32

-0.08 (-1.82%)

COUP

Coupa Software

$95.19

0.44 (0.46%)

03/08/13
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03/08/13
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03/06/13
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08:45
04/25/19
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General news
FX Action: The dollar »

FX Action: The dollar…

08:45
04/25/19
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08:45
General news
U.S. initial jobless claims rose 37k to 230k in the week ended April 20 »

U.S. initial jobless…

08:45
04/25/19
04/25
08:45
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08:45
General news
U.S. Advance durable orders rebounded 2.7% in March »

U.S. Advance durable…

DHI

D.R. Horton

$46.67

0.275 (0.59%)

, FOR

Forestar Group

$19.04

0.17 (0.90%)

08:44
04/25/19
04/25
08:44
04/25/19
08:44
Hot Stocks
D.R. Horton expects Forestar Group to remain profitable »

D.R. Horton (DHI)…

DHI

D.R. Horton

$46.67

0.275 (0.59%)

FOR

Forestar Group

$19.04

0.17 (0.90%)

03/08/13
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  • 25

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UPS

UPS

$114.39

0.79 (0.70%)

08:43
04/25/19
04/25
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08:43
Hot Stocks
UPS says all business units generated improved revenue in Q1 »

Says: Achieving…

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MTSI

Macom

08:43
04/25/19
04/25
08:43
04/25/19
08:43
Downgrade
Macom rating change at Jefferies »

Macom downgraded to Hold…

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  • 07

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PYPL

PayPal

$107.18

0.27 (0.25%)

, FB

Facebook

$182.64

-1.13 (-0.61%)

08:43
04/25/19
04/25
08:43
04/25/19
08:43
Recommendations
PayPal, Facebook, MercadoLibre analyst commentary at SunTrust »

PayPal price target…

PYPL

PayPal

$107.18

0.27 (0.25%)

FB

Facebook

$182.64

-1.13 (-0.61%)

MELI

MercadoLibre

$486.03

-14.12 (-2.82%)

03/08/13
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NMM

Navios Maritime Partners

$1.01

-0.01 (-0.98%)

08:41
04/25/19
04/25
08:41
04/25/19
08:41
Hot Stocks
Navios Maritime Partners announces 1:15 reverse split, effective May 21 »

Navios Maritime Partners…

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DHI

D.R. Horton

$46.67

0.275 (0.59%)

08:40
04/25/19
04/25
08:40
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08:40
Hot Stocks
D.R. Horton sees Q3 home sales gross margin flat or up sequentially »

Comments from Q2 earnings…

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  • 25

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MARA

Marathon Patent Group

$3.13

-0.23 (-6.85%)

08:40
04/25/19
04/25
08:40
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08:40
Hot Stocks
Marathon Patent Group regains compliance with Nasdaq »

Marathon Patent Group…

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NOW

ServiceNow

$242.41

-1.085 (-0.45%)

08:39
04/25/19
04/25
08:39
04/25/19
08:39
Recommendations
ServiceNow analyst commentary at Wells Fargo »

ServiceNow price target…

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  • 05

    May

MRC

MRC Global

$18.44

-0.28 (-1.50%)

08:39
04/25/19
04/25
08:39
04/25/19
08:39
Initiation
MRC Global initiated at Jefferies »

MRC Global initiated with…

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DXPE

DXP Enterprises

$44.52

-0.4 (-0.89%)

08:39
04/25/19
04/25
08:39
04/25/19
08:39
Initiation
DXP Enterprises initiated at Jefferies »

DXP Enterprises initiated…

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  • 13

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SHLX

Shell Midstream

$20.70

-0.155 (-0.74%)

08:39
04/25/19
04/25
08:39
04/25/19
08:39
Hot Stocks
Shell Midstream increases quarterly distribution 3.75% to 41.5c per unit »

Shell Midstream announced…

03/08/13
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03/06/13
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  • 03

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