Starbucks Heats Up, Lyft Stalls
Ride-sharing stocks took a hit today, but don't assume they're the same. (0:20) Maria Gallagher discusses:
- Uber's scale outweighing Lyft's
- Prospects for Uber reaching profitability by the end of 2023
- Challenges in China contributing to Starbucks suspending guidance for the rest of the fiscal year
- Starbucks 12% same-store sales growth in the U.S.
- Match Group getting a new CEO
(15:03) Emily Flippen and Asit Sharma discuss the business of pets ownership and the prospects for small-cap Rover Group.
Stocks discussed: UBER, LYFT, SBUX, MTCH, BMBL, ROVR, CHWY, FRPT
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Host: Chris Hill
Guests: Maria Gallagher, Emily Flippen, Asit Sharma
Producer: Ricky Mulvey
Engineers: Dan Boyd, Rick Engdahl