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Yoib Tesla crushes Q1 estimates warns that supply chain issues are far from over
+ a7 [2 A5 S. n9 ^ Uber said it saw gross bookings grow 16% year-over-year in terms of revenue, and that trips reached an average of 25 mi air force 1 llion per day across the platform during the quarter. And while the company reported its first-ever net profit based on GAAP measurement, it still increased its spending on R&D and corporate G&A activity spending versus Q2 2022 and the previous quarter in 2023, with Khosrowshahi pointing to  new growth initiatives. Uber   freight business took a hit during the quarter, however: Revenue was down 30% year-over-year, which the company attributed to  the challenging freight market cycle    something that could be interpreted as depressed consumer demand and continued supply chain challenges.As for what new initiatives helped drive increased business, Uber pointed to expansion of its Uber One subscrip nike af tion plan to new markets; the  nike air max97 launch of video ads both via its app and through in-car displays; its Waymo partnership that sees Waym Idks 5 startup theses that will transform the 2020s
It   not necessarily the areas hit hardest by the spread of the novel coronavirus that are experiencing the worst problems.Cities including LA, Chicago, Brooklyn and San Francisco have seen little or no disruption in download speeds, the report claims. Seattle is also holding up well.But New York City, now considered the epicenter of the virus in the U.S., saw download speeds drop by 24% last we adidas campus red ek, compared to the previous 10-week range. That said, NYC home network connections, which have a median speed of nearly 52 Mbps, are managing.The good news is that in salomon mujer  the majority of markets, network speeds are holding up.But of the 88 out of 200 cities that saw declines, more than two dozen saw dips of either 20% below range or more, the data indicates.These include:Austin, TX  -44% ; Charlotte, NC  -24% ; Fayetteville, NC  -22% ; Fort Lauderdale, FL  -29% ; Hialeah, FL  -21% ; Houston, TX  -24% ; Irvine, CA  -20% ; Jersey City, NJ  -25% ; Kansas City, MO  -25% ; Lawrencevil salomons le, GA  -24%