Uber plunged as much as 10% pre-market! Q4 bookings surged but couldn't offset profit concerns, new CFO signals a push for Robotaxi | Earnings Report Insights
Uber released a mixed earnings report. Although total bookings in the fourth quarter grew strongly and exceeded expectations, market concerns were triggered by weak profit guidance and a sharp year-on-year decline in net profit. Meanwhile, the company appointed a staunch supporter of autonomous driving technology as its new Chief Financial