A host of Gig Economy Names Report this week including Uber, Lyft and Airbnb.

Some of those trades, though, may be running out of some steam.

Our DeRobosa has more on what to expect this week in today's Tech Check D as we hear more about some of the multiple compression

especially in names like Uber.

Exactly and remember that Uber had this banner year in 2023.

Profitability turned a corner we saw S&P inclusion. It became free cash flow positive. So there is a little bit of a what's next

overhang that has been weighing on the stock and look at the screen right now it has massively underperformed gig

names particularly over the last three months you can see it's pretty much flat

over that time versus an insta cart up 50% and a lift more than 30%.

So there's still a lot for the street to like.

A lot of buys on this name.

It's an industry leader.

Profits, as I mentioned, reasonable growth at a reasonable cost.

But there is still this broader question of what is

Uber? Is it a utility, a transport company, or a disruptive tech company?

Last week when Elon Musk talked about robot taxisaxies on the Tesla earnings call shares of

Uber and Lyft fell suggesting investor concern about their place in a self-driving world.

They've since recovered, but it is a reminder of what ride sharing used to be and what it's become

Uber and Lyft they were building their own autonomous driver technology in-house

or they were partnering with leaders in the space in their drive toward

profitability they cut those units loose.

The bullish view though is that Robotaxies will be an opportunity, not an existential risk

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