Uber and Spotify's Quarterly Results Surprised Investors

Uber Technologies Inc. (UBER) recorded its strongest quarter growth since the end of 2023. The increase in customer requests for rides and delivery orders has boosted the company's growth momentum. However, the stock price fell in pre-market trading due to lower-than-expected forecasts from investors.

On the other hand, Spotify Technology S.A. (SPOT) saw its stock price rise in pre-market trading after reporting stronger-than-expected third-quarter results as the world's largest music streaming service. Today, there are also other significant results being released from Shopify (SHOP) and major pharmaceutical company Pfizer Inc. (PFE).