March 11, 2026

Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation

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Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation

 

With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.