Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, signaling weakness in its ride-share and food delivery services. The company's profitability push, however, is yielding result as core profit for the first quarter and its forecast exceeded Wall Street expectations. Its report comes a day after Lyft posted better-than-expected results and forecast a strong quarter. Uber's smaller rival said it was seeing industry-wide... Read this story at ETtech.com , Yahoo Finance
