Uber’s Q2 earnings hit expectations but missed on future growth forecasts, with revenue slightly below projections and earnings per share falling short. Despite a 12% year-over-year revenue jump and strong bookings, the company’s outlook for Q3 is dimmer than analysts hoped. Stock down 12% year-to-date while Nasdaq climbs 14%, but Uber’s big moves—like its $14.8B Delivery Hero acquisition and a $10B self-driving investment—signal bold bets on delivery expansion and autonomous tech.

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