Uber Forecasts Strong Bookings and Announces a Massive Share Buyback

The ride-hailing company recorded a 15% increase in monthly active platform users in the last quarter. Today's release of Uber's quarterly results shows that the company remains strong despite a challenging economic climate. Uber's optimistic outlook and the announced stock buyback signal confidence in future growth. Solid quarterly results and optimistic forecasts The ride-sharing company reported on August 6, 2025, a profit of $1.36 billion or $0.63 per share, compared to $1.02 billion or $0.47 per share in the previous year. Analysts had...