Maplebear (CART) CNBC·2024-05-13 22:34Summary of Key Points Core Viewpoint - The gig economy sector, represented by Uber, Lyft, DoorDash, and Maplebear, is experiencing a complex situation with mixed earnings results, leading to varied stock performances [1]. Uber - Uber reported solid quarterly results but experienced weakness in bookings, causing a significant drop in stock price post-earnings, raising concerns about cash-strapped consumers [2]. - Despite the recent decline, there is a bullish outlook on Uber due to its growing profits and cash flow, though investors are advised to monitor affordability issues [2]. Lyft - Lyft had a strong quarter with higher-than-expected bookings, indicating a more competitive position against Uber, which has been losing market share [2]. - The stock price increased following earnings, and there is optimism regarding CEO David Risher's management and the potential for continued stock performance [2]. DoorDash - DoorDash's quarterly results were decent, but weakened guidance led to a significant stock decline [2]. - The company is viewed as deserving of the benefit of the doubt as it invests in growth, but performance may remain unpredictable until earnings improve [2]. Maplebear - Maplebear's quarterly report was impressive, but there is hesitation in recommending the stock due to uncertainty in the grocery delivery landscape [2]. - The competitive threat from Amazon in the grocery delivery sector raises concerns about the viability of competing with such a dominant player [2].