Why Uber (UBER) Is Running Over Lyft (LYFT)

Uber (UBER) is up 41% year-to-date and Lyft (LYFT) is down nearly 4% year-to-date. Emil Michael compares UBER and LYFT. He looks at reasons why UBER is outperforming LYFT. He talks about how UBER sees 2Q adjusted EBITDA at $800M-$850M and UBER's 1Q mobility gross bookings totaled $15B which is up 40%. He goes over how UBER is still figuring out how to classify their employees, but once they get that figured out we can expect UBER's profitability to maintain and possibly even grow. He also highlights how UBER;s 1Q delivery gross bookings totaled $15.03B which is up 8%. Tune in to find out more about the stock market today.