CNBC
US · 1 hrs ago
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Uber pops 10% as company issues higher-than-expected bookings guidance
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centreBias
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Accuracy 75/100
Partisan intensity 15/100
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Centre / Neutral ⚠ Misleading
Uber's stock rose 10% following the company's announcement of higher-than-expected bookings guidance, though the company reported a $1.5 billion net income reduction in Q1 2026 attributable to equity investment revaluations.
Uber pops 10% as company issues higher-than-expected bookings guidance
Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.
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