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Home > Squawk Pod > Riding with Uber: CEO on the Future Consumer 11/01/22
Podcast: Squawk Pod
Episode:

Riding with Uber: CEO on the Future Consumer 11/01/22

Category: Business
Duration: 00:29:34
Publish Date: 2022-11-01 16:42:44
Description:

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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