Serve Robotics shares traded lower Monday even as the company announced a Grubhub robot-delivery launch in Chicago, Los Angeles and Alexandria, plans for its first Miami micro-depots and the U.S. rollout of Diligent Robotics' Moxi 2.0 hospital robot. The expansion comes after weaker-than-expected second-quarter results and a reduced outlook, including a previously reported cut to 2026 revenue guidance to $9 million to $10 million from $26 million, and days after Uber sold its remaining stake following what Serve has described as differing views on their delivery partnership. Serve is also trying to replace lost Uber volume through DoorDash launches in Washington and San Jose, direct restaurant ordering via Beacon and a growing advertising business that accounted for nearly 50% of food-delivery revenue last quarter. Shares were down 0.63% at $4.96 late Monday and remain below major moving averages, though analysts still hold a Buy consensus with an average price target of $10.92.