Uber is scheduled to release its Q2 earnings report after the bell on Wednesday. The ride-sharing company is estimated to post a loss of 51 cents with revenue at $3.7 billion. Uber has recently had issues with driver shortages, with the company facing a driver strike recently along with ride-hailing rival Lyft. It comes after Lyft posted better than expected earnings after the bell on Tuesday.
Robinhood is experiencing its first surge as shares of the finance company soared over 24% on Tuesday, closing at $46.80 per share. The surge continuing into premarket as well as it is currently trading higher. Robinhood went public last Thursday and fell around 8% on its first day. Currently, the stock is a "top traded stock" on fidelity, also appearing as a top mentioned stock on Reddit's Wall Street bets.
Boeing is postponing the launch of its Starliner spacecraft yet again. Tuesday was supposed to be the company's second attempt at docking with the international space station after a failed mission in 2019. Engineers found technical issues with the spacecraft prior to the launch, forcing the delay. It's the second postponement from the original launch date last Thursday. As of now, there is no new launch date scheduled.