Uber Stock Gains After Earnings. It’s Brushing Off the Robo-Taxi Threat. - Barron's
1. Uber's Q2 profits met expectations but revenue exceeded forecasts. 2. Q3 gross bookings forecast projected to surpass Wall Street's estimates. 3. Uber partners with Lucid to deploy over 20,000 autonomous vehicles. 4. Quarterly trips rose 18% to 3.3 billion, indicating robust consumer demand. 5. Analyst maintains Outperform rating, citing growth potential amid competition.