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Uber posts a slim earnings beat as rides and deliveries rise

Uber reported second-quarter results slightly above Wall Street estimates, but its shares fell early Wednesday after the release.

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Uber Technologies reported second-quarter earnings that edged above Wall Street expectations, driven by a rise in trips across its platform, including both rides and deliveries, MarketWatch reports.

The report says Uber's revenue benefited from the increase in passengers and delivery activity, helping it post a narrow profit beat.

Despite the results, Uber shares fell early Wednesday following the earnings release, according to MarketWatch.

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