The news: Uber was the latest company to offer cautious guidance for 2025 amid an array of global headwinds, including highly unfavorable foreign exchange rates and weather-related disruptions.

The company expects Q1 gross bookings to grow 17% to 21% to between $42 billion and $43.5 billion—the midpoint of which trailed analysts’ expectations for $43.5 billion.
The soft guidance overshadowed Uber’s Q4 performance—its “strongest quarter ever,” per CEO Dara Khosrowshahi.

Behind the numbers: Uber had a solid Q4.

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