CNBC Squawk Alley July 13, 2024
Good Tuesday Morning i am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt is in los angeles at the adobe max conference his sit down is a few moments away with Shantanu Narayen we start with uber shares down, despite the beat as losses for the quarter top a billion. Guys, good to see you. Dan, how much is this downward trajectory in price driven by model complexity relative to competitors . It is a small piece here, no doubt this is a black eye quarter for dara and uber, missing ridesharing metrics. You combine that with what theyre spending on eats,...