Uber announced its second-quarter results, with bookings and profit exceeding expectations. However, its third-quarter gross bookings guidance of $58.25 billion to $60.25 billion, with a midpoint of $59.25 billion, was lower than analysts' expectations of $59.32 billion, causing the company's stock price to fall by 4% on Wednesday. Uber CEO Dara Khosrowshahi stated that the company is heavily investing in its robotaxi business, planning to invest over $10 billion in related partnerships over the next few years. The goal is to deploy robotaxis in up to 15 cities by the end of this year, believing this will enhance the overall "flywheel effect" of the Uber platform.