Investors have told Uber Technologies Inc it would be wise to sell off its self-driving car unit after it racked up losses of $125 million (98.2 million pounds) to $200 million (157.2 million pounds) each quarter for the past 18 months, tech news site The Information reported on Wednesday, citing an unnamed person familiar with the issue.
Facebook (NASDAQ:FB) fell by 3.03% to trade at $175.63 by 15:33 (14:33 GMT) on Wednesday on the NASDAQ exchange, down 3.03% on the day.
Netflix (NASDAQ:NFLX) fell by 3.13% to trade at $326.93 by 15:15 (14:15 GMT) on Wednesday on the NASDAQ exchange, down 3.13% on the day.
Turkish shares are already the world’s worst performers this year. Options traders are bracing for more losses.
U.S. stock futures pointed to a lower open on Wednesday, ahead of a number of earnings and economic reports, as investors remained focused on the fallout from Turkey’s financial crisis.