Shafaqna English- During its Wednesday(5 Aug 2026) announcement, Uber Technologies detailed its commitment to investing upwards of $10 billion in robotaxi initiatives in the coming years. The company also addressed recent speculation that Alphabet’s Waymo was considering ending their collaboration, asserting that Waymo remains a vital partner moving forward.
Following the company’s projection of an adjusted profit per share ranging between 84 and 88 cents for the third quarter – a figure that fell short of the analysts’ consensus estimate of 89 cents – shares of Uber experienced a 4.8% decline. The data was compiled and reported by LSEG.
Source: Reuters