WSJ Tech News Briefing · Wednesday, August 5, 2026
Uber Technologies saw an increase in rides and deliveries this quarter, reporting $14.2 billion in revenue, up 12% year-over-year, though below analyst estimates. The company plans to invest $10 billion over the coming years to build out its autonomous vehicle platform.
“Uber Technologies has reported an increase in rides and deliveries this quarter as its customer base expanded, but the ride-hailing company issued a soft outlook as it continues to invest heavily in autonomous vehicles.”
“Uber reported revenue of $14.2 billion for the second quarter, up 12% from a year ago, but below analyst estimates.”
“Uber's CEO said the company will continue to invest in its cross-platform strategy, planning to invest $10 billion over the coming years to build out the world's largest platform for AVs at a global scale.”