Episode 176: Today, Ann surveys Uber’s latest bid to become a one-stop shop for all things travel and mobility through its new partnership with Expedia Group. Then, Ticker on a Sticker: Big Tech edition. Ann and John step into the shoes of the hyperscalers to break down their latest earnings. Plus, an update on oil prices – and what’s pushing them higher. Finally, ’tis the season… earnings keep rolling in. We’ve got the latest from Eli Lilly, Magnum Ice Cream, Chipotle, and Royal Caribbean. Learn more at Schwab.com/trading www.brewmarkets.com Subscribe to the Brew Markets newsletter: https://www.morningbrew.com/brew-mark... Follow Brew Markets on social: Instagram: instagram.com/brewmarkets TikTok: tiktok.com/@brewmarkets X: x.com/brewmarkets Follow Ann Berry on social: Instagram: instagram.com/annberry_nyc X: x.com/AnnBerry_NYC Listen to Brew Markets Here: swap.fm/l/9Qk4z73Z2nEwFiCB4qee Watch Brew Markets Here:⁠ https://www.youtube.com/@BrewMarkets Stocks mentioned: $UBER $EXPE $META $AMZN $GOOG $MSFT $LLY $MICC $CMG $RCL The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships Learn more about your ad choices. Visit megaphone.fm/adchoices

Uber Wants Your Whole Trip & Big Tech’s CapEx Showdown

Brew Markets

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**Podcast:** Brew Markets

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If you can't afford childcare or can't afford to take a sick day… That's not just your bad luck. It's actually bad for our economy. I'm Katherine Anne Edwards, an economist. And I'm editor Robin Rousey. On our podcast, Optimist Economy, I break down how our lives intersect with the economy, whether it's wages, social security, the national debt. And I ask the questions that you're actually thinking, like, is AI going to take my job? Americans deserve a better economy than the one we have, so let's talk about how to get there.

Every Tuesday on Optimist Economy, wherever you listen to podcasts. Four companies, each worth over a trillion dollars. We're putting tickers on a sticker for a special roll through big tech earnings. Mini sizes, bigger returns, why food companies are leaning into demand for small. And Uber, making the move from rideshare to room service as it pushes to become a one-stop shop for travel. We break it all down.

For Thursday, April 30th, it's Brew Markets Daily and I'm Ann Berry. More market details to come. But first, I'm back in the studio in New York today, happy to be home. And while I was booking my Uber to Miami Airport to get back last night, I noticed a new feature service on the app. That's hotel booking.

As the rideshare OG unveiled a new partnership with Expedia Group, ticker EXPE, and market cap nearly $31 billion. This is Uber's latest move to become a one-stop super app shop for all things travel and mobility. Later this year, vacation rental listings from Expedia-owned VRBO are expected to be added to the 700,000-plus hotels worldwide that are now bookable in the Uber app.

Well, the company said members of its Uber One subscription program will get at least 20% discounts on 10,000 hotels in the carried inventory and will earn 10% back in Uber credits on bookings. And there's more in this vein coming. A new travel mode will provide location-specific recommendations for dining and attractions.

And starting this June, Uber One benefits will apply internationally, coming off the bat of 55% annual growth in Uber One membership to hit 46 million users as of the end of 2025. The premium subscription service typically costs just under $10 per month in the United States. All of this to boost user engagement and ramp new revenue streams as Uber competes for a bigger share of consumers' lifestyle spending.

And these moves, by the way, are right in the wheelhouse of Uber CEO Dara Khosrowshahi because before taking the rideshare seat, he was the CEO of Expedia from 2005 to 2017, things going full circle. Well, Uber market cap $74 billion is certainly in need of a new stock catalyst because its shares are down more than 10% year-to-date and barely got into the green for the day, even on the news of this move.

Expedia, on the other hand, seeing its stock nodge up about 0.5%, the market pleased by the partnership through which the travel agent gets more distribu...

Uber Wants Your Whole Trip & Big Tech’s CapEx Showdown

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Uber Wants Your Whole Trip & Big Tech’s CapEx Showdown

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.