Uber autonomous vehicle outlook in focus for Q2 earnings

Uber Technologies Inc. is anticipated to meet or slightly surpass Wall Street's Q2 earnings expectations, with significant focus on its autonomous vehicle (AV) strategy and partnerships. Analysts from Bank of America and Jefferies reiterated their 'Buy' ratings, emphasizing that despite recent setbacks with Waymo, Uber's diversified AV partnership approach positions it strongly for future growth. The company's Q2 results are expected to show robust gross bookings and adjusted EBITDA, with investor attention keenly tuned to Uber's commentary on its international AV collaborations and US launch pipeline.