Uber stock drops as bookings guidance disappoints; CEO bets on robotaxi push to grow overall business
Uber's stock dropped over 6% after its second-quarter earnings, despite beating on bookings and profit, due to lower-than-expected third-quarter gross bookings guidance. CEO Dara Khosrowshahi is emphasizing the company's long-term strategy of becoming a leading platform for autonomous vehicles, investing heavily in robotaxi partnerships …