![Uber Shares Slide as Losses Mount and Q2 Bookings Disappoint](/content/images/size/w600/2024/05/99532c09-299b-436b-8964-4f836a91c594.png)
Finance
Uber Shares Slide as Losses Mount and Q2 Bookings Disappoint
Uber Technologies Inc. has reported mixed financial results for the first quarter. While the company's revenue increased by 15% to $10.13 billion, narrowly surpassing the $10.11 billion forecast, it also experienced an unexpected net loss of $654 million. This loss included a significant $721 million in