Life in the Nasak, Market Site overlooking New York City's Times Square,

this is Fast Money. I'm Melissa Lear.

Traitors on the desk for Pete Nigerian, Tim Seymour, Dan Nathan and Guy Dami.

We begin with an earnings alert on Uber. That's not getting the skids in the

after hours after reporting its biggest loss ever. But Uber is reclaiming some of those losses

now down just under 5%. The company's conference call is kicking off at this very moment.

We've got full team coverage listening in to that call to break down all the big headlines.

Fast Money Friend, Gene Munsters Manning the Redphone.

But let's begin with Deja Bosa and more on Uber's Big Miss.

Deja what are the details here?

Well, Melissa, Uber's results didn't just miss,

but they looked particularly ugly next to LIF's big beats yesterday.

Revenue grew just 14% versus lifts 72% and as you mentioned its

quarterly loss was its biggest ever. Now a large part of that was

cost related to its IPO, but Uber is also facing ride sharing competition in markets abroad like

Latin America and India. Competition is even stiffer in food delivery.

We saw that play out in this earnings, it's eats business.

CEO Darfur Shahi telling us that they're likely to keep losing money here for years

as quote, there's a lot of capital chasing a lot of growth.

As for the question of overall profitability, this is what really matters most to the street.

While Lift was pretty direct on their path last night saying that last year was in fact peak losses for them.

Kuzra Shahi was far less clear telling us quote we think that 2019 will be our

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