The ride-hailing pioneer is contending with slowing bookings growth, rising insurance costs and an alliance between DoorDash and Lyft.
Global markets are bracing for a volatile day as U.S. voters head to the polls to elect their next president.
Wagering over who will take the White House spans all of the financial markets, but it has been most evident in Treasurys, the dollar, bitcoin and certain corners of the stock market.
The dollar edged lower as the U.S. presidential election looks set to be a much tighter race than markets had been pricing in recent weeks, Swissquote Bank said.
Oil prices edged higher with all eyes now on the outcome of the U.S. election, the Federal Reserve’s next policy move and China’s National People’s Congress for the approval of stimulus measures.
Treasurys and Bunds were little changed in early European action and Commerzbank Research said they look better supported, as “Trump trades” seem to be unwinding just ahead of the election.