Riding with Uber: CEO on the Future Consumer 11/01/22
Uber CEO Dara Khosrowshahi says that U.S. consumers are healthy and choosing to spend on services, like ride-sharing. The company reported third quarter financials today - and suffered a loss, but beat analysts’ expectations on revenue. Khosrowshahi is also confident on the business for the rest of the year due to booming travel, easing COVID restrictions and shifts in consumer spending. And, the Biden Administration is floating windfall profit taxes on the oil and gas industry due to record-high energy prices. Plus, the dogecoin gets another day. In this episode: Dara Khosrowshahi, @dkhos Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie
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Show Notes
Uber CEO Dara Khosrowshahi says that U.S. consumers are healthy and choosing to spend on services, like ride-sharing. The company reported third quarter financials today - and suffered a loss, but beat analysts’ expectations on revenue. Khosrowshahi is also confident on the business for the rest of the year due to booming travel, easing COVID restrictions and shifts in consumer spending. And, the Biden Administration is floating windfall profit taxes on the oil and gas industry due to record-high energy prices. Plus, the dogecoin gets another day.
In this episode:
Dara Khosrowshahi, @dkhos
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Becky Quick @BeckyQuick
Katie Kramer, @Kramer_Katie
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