Uber's stock surges on positive trends despite big Q2 loss

FILE - The logo for Uber appears above a trading post on the floor of the New York Stock Exchange, Friday, Aug. 9, 2019. Uber’s ride-hailing service continued to gain momentum in the second quarter as consumers headed back to offices and started traveling more amid an easing in pandemic restrictions. Passengers took a total of 1.87 billion trips on Uber during the spring and early summer, a 24% increase from the same time last year. (AP Photo/Richard Drew, File)

Uber's effort to meld its pioneering ride-hailing service with food and freight delivery showed progress during the past quarter even though the company sustained a huge loss stemming from a sharp decline in its outside investments.

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