Uber misses revenue expectations with trips up 18% over last year
Publishing timestamp: 2025-05-07 11:04:42
Summary
Uber reported first-quarter results that beat earnings expectations but fell short on revenue growth. CEO Dara Khosrowshahi sees autonomous vehicle technology as a major opportunity for the company. Uber is facing a lawsuit from the FTC over its subscription service, Uber One. The company is also making a push into autonomous vehicles through partnerships with Waymo, Volkswagen, and others.
Sentiment: MIXED
Tickers: VOW3-DE, U1BE3'-BR, GOOGL,
Keywords: breaking news: business, technology, earnings, volkswagen ag, business news, travel, alphabet inc, breaking news: technology, autos, uber technologies inc, transportation,
Source: https://www.cnbc.com/2025/05/07/uber-uber-q1-2025-earnings.html