The video discusses Uber's quarterly financial results reported on August 6, 2025. It highlights that the company plans a \$20 billion share repurchase authorization, indicating management's confidence and a belief shares are undervalued. Trips during the quarter grew 18% year-over-year to 3.3 billion, driven by a 15% growth in monthly active platform customers (MAPCs). Revenue grew 18% year-over-year to $12.7 billion, with income from operations growing 82% to $1.5 billion. A share buyback of $20 Billion helps provide a floor for the stock. The fair value has been updated to $119.33 and believes it is a good stock to buy and finds Uber's convenience advantage as a key factor. He also mentions the price of the stock has a PE of 31 which thinks is relatively undervalued for a company with such a growth.