The ride-hailing company's bookings and earnings forecasts for the current quarter came in below analyst expectations
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Ride sharing and on-demand delivery platform Uber (NYSE:UBER) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 12.2% year on year to $14.19 billion. Its non-GAAP profit of $0.81 per share was in line with analysts’ consensus estimates.
Uber Technologies (UBER) is back in focus after news that Waymo plans to exit their robotaxi partnership and launch its own app in key cities, raising fresh questions about Uber’s autonomous ride ambitions. See our latest analysis for Uber Technologies. Investors have been weighing the Waymo exit against other recent headlines, including fresh legal scrutiny around Uber Eats and new grocery retail partnerships. The stock’s 30-day share price return has declined 3.28% and the year-to-date...
Uber Technologies notched higher revenue in second quarter, driven by growth in its delivery business as the company continues to grow volumes and active users.
Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions. The global ride-hailing and delivery giant's capital allocation has become a key investor focus after it announced a $14.8-billion deal for Delivery Hero last month, which it plans to fund with existing liquidity and debt. The company on Wednesday also outlined plans to spend more than $10 billion on autonomous vehicles over the coming years, but did not provide a specific timeline.
(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families
Autonomous driving partner Wayve received a key London license, paving the way for public robotaxi trials on the platform.
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Transport for London granted private-hire vehicle licenses to a number of Wayve’s autonomous vehicles, which will operate with a private-hire driver behind the wheel to take control when necessary.
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Competition is heating up for Uber as Waymo pulls back on its partnership cooperation, and investors should take note.
Joby announced a partnership with Travis Kalanick’s Atoms on Tuesday.
Jason Calacanis, the angel investor and early backer of Uber, Robinhood, and dozens of Silicon Valley's most successful startups, has a message for Bitcoin holders: the bottom is in, and now is the time to rotate. In a post on X, Calacanis said he believes Bitcoin has formed a power bottom, a term ...
Maplebear heads into Q2 earnings with a positive Earnings ESP, backed by marketplace, enterprise and ad growth despite cautious consumer spending.
Avis Budget's efficiency gains are lifting profits, but weak liquidity, high leverage and a premium valuation argue for patience.
Avis Budget's Q2 earnings miss exposed soft rental demand, while fleet cuts, record utilization and reaffirmed 2026 EBITDA guidance supported margins.
Uber is expected to deliver another quarter of robust growth, driven by continued strength in its Mobility and Delivery businesses.

Ex-Uber founder and CEO Travis Kalanick is back in the ride-hail business — but this time in the skies.

Ex-Uber founder and CEO Travis Kalanick is back in the ride-hail business — but this time in the skies.
The gig economy offers numerous advantages. If you wish to make the most of this rising trend, focusing on stocks like ETSY, UBER and DASH appears judicious.
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Joby Aviation is partnering with Atoms, an LA-based robotics company led by former Uber CEO Travis Kalanick, to develop next-generation vertiports for urban air taxis.
(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders
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Here is a way to get paid a real income now on your Uber shares, cash you keep no matter what, in exchange for agreeing to sell at a higher price if the stock gets there.
The market has priced this rideshare company like its best days are over, but its cash flow statement tells a surprisingly different story.
Suze Orman walked through a real SpaceX IPO trade that turned $10,000 into roughly $5,600 in seven weeks, and her lesson has nothing to do with rockets or Elon Musk.