Uber Q3 preview: Strong earnings, forward guidance, and autonomous outlook key for investors

Uber's third-quarter earnings are set to be revealed, with investors anticipating a strong performance. The ride-hailing giant has seen impressive growth, with a fifteen percent year-over-year increase in monthly active platform users and a seventeen percent jump in gross bookings. Uber has also announced a massive stock buyback plan and partnerships with Nvidia and Lucid to develop self-driving cars and electric robotaxis. The company is also expanding into urban air mobility with Joby, aiming to transform transportation and turn science fiction into reality.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.