He discloses owning Uber and notes the new Amazon partnership as a great announcement that the market is ignoring today.

The host notes Uber beat earnings and trades at only 15 times earnings, so valuation is not expensive, but robotaxis could reshape ride-hailing while Uber's own autonomous fleet could defend its position, leaving risk and reward balanced.

Uber looks cheap at 16x forward earnings for a business growing 20%, but autonomous driving and competition from Waymo and Tesla cloud the long-term picture, so he won't take a position.

Uber's earnings are strong across the board — 20% gross bookings growth with demand exceeding supply — and the host views AVs as expanding the market rather than a threat, expecting the stock to outperform over the next couple of years.