Today's Morning Movers and Top Ratings:UBER, LYFT, ABNB, HPQ and more

$Uber Technologies(UBER.US)$ Inc.'s stock jumped 7% premarket Wednesday, after the ride-sharing company will buy back as much as $7 billion in shares, announcing its first plan to return capital to shareholders after achieving operating profit and consistent positive free cash flow in 2023.

Shares of  $Lyft Inc(LYFT.US)$ were rising 20% in premarket trading after the ride-hailing company reported adjusted earnings in the fourth quarter of 18 cents a share, topping forecasts of 9 cents. Lyft also said it expected to post positive free cash flow for the first time in fiscal 2024. The stock had surged more than 60% in after-hours trading Tuesday after a press release incorrectly said the company anticipated adjusted Ebitda margin expansion in 2024 of around 500 basis points, or around 5%, when it should have said 50 basis points. The error was corrected on the company's conference call.

$Zillow-C(Z.US)$ reported fourth-quarter revenue of $474 million, up 9% from a year earlier and above analysts' expectations of $452 million. The loss in the period of $73 million was narrower than analysts' expectations that called for a loss of $77 million. The real estate company said it expects first-quarter revenue of $495 million to $510 million versus analysts' expectations of $500.4 million. Shares rose 6%.

$Upstart(UPST.US)$ declined 13% after the consumer lending company said it expected first-quarter revenue of about $125 million, below analysts' projections of $152.3 million. Upstart also forecast negative earnings before interest, taxes, depreciation and amortization of $25 million versus expectations of about $5 million in adjusted Ebitda

$Airbnb(ABNB.US)$ was down 4% after the travel hosting site topped fourth-quarter revenue expectations and said it expects first-quarter revenue of between $2.03 billion and $2.07 billion compared with expectations of $2.02 billion.