Uber's stock climbed 7% following a strong Q3 delivery performance, with gross bookings up 20% year-over-year to $59.8 billion. Despite beating revenue and earnings estimates, Uber issued a softer Q4 profit outlook due to factors like Middle East conflicts and higher fuel costs impacting driver availability. The delivery segment's 22% growth lifted DoorDash shares by 7%, while Lyft and Grab also gained on positive mobility trends. Uber's expansion into autonomous vehicles and grocery delivery signals long-term growth potential amid current market challenges.
Uber shares rose sharply by 7.22% to USD 71.41 on Pluang, reflecting strong buying interest with 84% of orders as buys. Lyft and DoorDash also posted gains, with Lyft up 12.00% at USD 18.67 and DoorDash rising 8.39% to USD 198.69. These moves align with the positive delivery and mobility trends noted in the news. Data is as of Nov 05, 2026 00:21 WIB.
Uber reported Q3 revenue of $14.77 billion, slightly above estimates, driven by strong growth in its freight division. However, earnings per share fell short at 25 cents versus 96 cents expected, and its core mobility and food delivery units missed r...
Uber reported better-than-expected earnings for the third quarter, driven by its rapidly growing delivery business which is closing in on its traditional ride-hailing segment. This growth sets the stage for Uber's upcoming expansion into robo-taxi se...
