Squawk Pod: Driverless cars with Uber CEO, AI with Anthropic & JPMorgan - 05/06/26 | Audio Only
Speakers
Dara Khosrowshahi
— CEO, Uber
Jamie Dimon
— CEO, JPMorgan Chase
Dan Murphy
— CNBC International Correspondent (Dubai)
Summary
Iran peace talks progress sends oil prices sharply lower. Uber reports strong Q1 results with a $3B buyback, CEO bullish on consumer. AI experts warn of SAS bankruptcies and massive infrastructure spending. Treasury may allow stock donations into Trump accounts.
- Oil drops 7% on Iran ceasefire proposals.
- Uber beats on adjusted earnings, stock up 9%.
- CEO Dara Khosrowshahi highlights 20% revenue growth and $3B buyback.
- Consumer spending remains strong according to Uber data.
- Anthropic CEO warns Chinese AI models will catch up in 6-12 months.
- JPMorgan CEO says AI technology is worth $1 trillion in spending.
- SAS companies face disruption and possible bankruptcy from AI.
- Treasury Department considers allowing stock donations to Trump accounts.
Trade Ideas
Uber is a strong buy now.
Uber is hitting on all cylinders with strong top-line growth (20%+), growing profits, $10B free cash flow, and a $3B buyback that looks like a good buy. Consumer indicators remain strong, and the company is benefiting from return-to-office trends and expansion into new services.
Up Next
This CNBC video, published May 06, 2026, features Dara Khosrowshahi discussing UBER. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Dara Khosrowshahi · Tickers: UBER