Autonomous Vehicle CompetitionWaymo is expanding rapidly and launching in some of Uber’s most important Mobility markets, posing a threat to future bookings growth as competition increases.
Financial PerformanceStronger USD brings down reported numbers for UBER by -2.4%, pushing towards the low end of consensus.
Market SentimentThe market’s perception of UBER has turned increasingly bearish recently, a combination of Autonomous Vehicle disruption risk and decelerating growth in the US rideshare business.