"On May 6, Uber's CEO said "local" five times and Disney's CEO said "domestic" 12 times on their respective calls. That linguistic tilt, flagged by the hosts of The Best One Yet, captures a macro shift already showing up in consumer behavior."
"The setup: gas prices are up 50% and jet fuel is up 100% since the war in Iran began on Feb. 28. WTI crude closed at $109.76 per barrel on May 4, sitting in the 98th percentile of its 12-month range. Airfare has climbed roughly $100 per ticket per Kayak data, and a US News & World Report survey from April 21st found 65% of Americans have changed summer travel plans. Consumer sentiment sits at 53.3, near recessionary levels."
"Uber (NYSE:UBER | UBER Price Prediction) posted Q1 FY2026 revenue of $13.20 billion, up 15% YoY, with 3.6 billion trips and 199 million Monthly Active Platform Consumers. The standout was Delivery, which surged 34% YoY to $5.07 billion while Mobility grew just 5%. Translation: consumers are ordering in."
"Disney (NYSE:DIS) delivered Q2 FY2026 revenue of $25.17 billion (+7% YoY) and adjusted EPS of $1.57, beating estimates by 5%. Experiences hit a record fiscal Q2 of $9.49 billion, with domestic parks up 6% to $6.92 billion and per-capita spending up 5%. The risk Disney itself called out: "Continued softness in international visitation to domestic parks.""
Gas prices and jet fuel costs have risen sharply since late February, with crude near the top of its 12-month range. Airfare has increased by about $100 per ticket, and many Americans have changed summer travel plans. Consumer sentiment is near recessionary levels. Uber reported strong growth driven by Delivery, which rose faster than Mobility, while Uber One membership expanded and contributed to gross bookings. Disney reported record Experiences revenue, with domestic parks growing and per-capita spending increasing. International visitation softness was cited as a risk, and U.S. attendance declined slightly even as revenue rose, indicating pricing is supporting results.
Read at 24/7 Wall St.
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