Uber Stock Slips as Q1 Gross Bookings, Revenue Fall Short
1. Uber's Q1 gross bookings and revenue missed Wall Street estimates. 2. Q1 revenue grew 14% YoY, totaling $11.53 billion. 3. For Q2, Uber forecasts gross bookings between $45.75-$47.25 billion. 4. Shares dropped 4% post-report but rose 40% YTD. 5. Analysts warn of risks from autonomous vehicles; Uber is partnering to combat this.