🟢 Uber is trading 4.06% up today after Q2 bookings beat expectations and guidance

Uber is trading now at $70.94, up 4.06%, after investors reassessed its strong second-quarter results and autonomous-vehicle strategy.

• Gross Bookings reached $58.0 billion, exceeding expectations and company guidance; record free cash flow and user growth strengthened the long-term outlook.
• The advance follows the August 5 earnings-driven selloff, when cautious Q3 bookings and earnings guidance initially overshadowed the Q2 beat.
• Q3 guidance remained slightly below analyst expectations, limiting confidence in the rebound.