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via wsj.comBusiness & Companies

Uber's revenue growth slows on fuel prices and tighter driver supply

FROM THE WIRE · WSJ.COM

Uber Technologies' revenue growth slowed further in the latest quarter on weakness in its core ride-hailing business.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSlowing revenue growth in Uber's core ride-hailing business can weigh on the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Uber's revenue growth slowed further in the latest quarter.
  2. 02The weakness is in its core ride-hailing business.
  3. 03The slowdown is linked to fuel prices and tighter driver supply.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Uber Technologies, Inc.UBERStock66.60 USDMarket closedtoday -0.16%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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