Uber Technologies (UBER) Stock: Slides as Investors Question Costly Robotaxi Expansion Plan

TLDR Uber stock falls 5.13% as robotaxi spending concerns outweigh strong earnings Record cash flow supports growth, but robotaxi expansion raises major cost concerns Uber reports stronger profits while costly autonomous plans pressure its shares Robotaxi partnerships expand Uber’s reach but increase long-term capital needs Uber’s asset-light model faces pressure as autonomous fleets require more [...]

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