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Uber beats on Q2, but robotaxi worries sink its stock
Uber grew revenue 12% to $14.2bn and hit a record $10bn in free cash flow, but its stock fell 6% on a soft outlook and worries about the robotaxi era.
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channelnewsasia.com
Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans
Aug 5 : Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and…
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Uber doubles down on robotaxi plans, shares fall on weak profit forecast
Aug 5 : Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo remained an important partner despite…
