
Gross bookings hit $58 billion as autonomous vehicle ambitions accelerate.
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Gross bookings hit $58 billion as autonomous vehicle ambitions accelerate.

Uber Freight is investigating a data security incident involving unauthorized access to a portion of its systems and repositories, a company spokesperson said on Tuesday. There has been "no impact to Uber Freight's business operations, which continue in the normal course without disruption," spokesperson Sam Hallock said. "Our systems are secure and fully operational."
(Bloomberg) -- Uber Technologies Inc. has divested from long-time partner Serve Robotics Inc. as the two companies clash over how to deploy delivery robots, the latest setback in Uber’s push to facilitate autonomous services on its platform.Most Read from BloombergFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Ho
Uber Technologies (NYSE:UBER) said second-quarter gross bookings rose 22% year over year to more than $58 billion, exceeding the high end of its guidance range and marking its fourth consecutive quarter of growth above 20%. Chief Executive Officer Dara Khosrowshahi said the company also produced 35%
Instacart's Q2 revenue beat, GTV gains and ad growth highlight momentum as AI, enterprise expansion and strong outlook shape its strategy.
Serve Robotics (NASDAQ:SERV) reported second-quarter revenue growth but sharply reduced its full-year outlook after delivery volume through Uber declined for the first time in 17 quarters, prompting the company to reassess the future of the partnership and redirect resources toward other channels.
Per capita GDP and gig employment — but not total employment — grew in the regions where these services launched in the 2010s, the study found.
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) saw its price target lowered to $101 from $103 by Bank of America, which maintained a ‘Buy’ rating following the company’s second quarter results, with the analysts citing a lower valuation multiple despite raising their earnings estimates. Shares...
Expedia Group (NASDAQ:EXPE) reported second-quarter results above the high end of its outlook, citing healthy consumer travel demand, continued momentum in its business-to-business segment and improved marketing efficiency. The company also raised its full-year guidance for gross bookings, revenue a
Moby summary of Uber Technologies, Inc.'s Q2 2026 earnings call
Find insight on Uber, Thai Airways, Continental, Kia and more in the latest Market Talks covering auto and transport.
Uber Technologies Inc (UBER) reports 22% gross bookings growth and surpasses $10 billion in trailing free cash flow, while navigating competitive pressures and scaling its AV strategy.
Amazon-owned Zoox is about to start scaling its robotaxi service after federal regulators last week cleared it to charge for rides in its driverless vehicles with no steering wheel or other human controls.
Uber Technologies (NYSE:UBER) traded lower in pre-market trading on Wednesday after issuing third-quarter earnings guidance that came in below Wall Street expectations, despite reporting solid second-quarter operating performance. The weaker outlook overshadowed stronger-than-expected gross bookings during the latest quarter and renewed investor focus on the company’s investment plans.
The headline numbers for Uber (UBER) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Uber stock fell after its Q2 results missed estimates for revenue and its growth forecast came up short of prior expectations.
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 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
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.
Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.

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.
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Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...
Aside from Q2 earnings season reaching its busiest week of the cycle, we're also upon a new Jobs Week.
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