Uber is pitching itself to investors as the next Amazon, but it continues to lose billions
at Amazon and 50% of its overall operating income in its first quarter of 2019. It's not yet clear whether Uber has the same kind of breakout business that can lead to profits.
"That's a huge fear," Wedbush Securities analyst Dan Ives previously told CNBC. "That was a seminal event in terms of investing in tech stocks in the last 20 years."
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