come back later when dara khosrowshahi discusses those results. coming up, elon musk's x goes after nonprofit. why they are throwing the books at a group that monitors for hate speech. that conversation next. we are also watching shares of pinterest and electronic arts, both names reporting after the bell pinterest, the expectations pretty low, little change in monthly active users from the prior quarter. muted user growth is what bloomberg intelligence is expecting. contrast that with electronic arts, the stock trading flat. lots of focus on star wars. star wars, star wars, and more star wars. this is bloomberg technology. ♪ let innovation refunds help with your erc tax refund so you can improve your business however you see fit. rosie used part of her refund to build an outdoor patio. clink! dr. marshall used part of his refund to give his practice a facelift. emily used part of her refund to buy... i run a wax museum. let innovation refunds help you get started on your erc tax refund. stop waiting. go to innovationrefunds.com you really got the

. >>> and uber is set to report in the first on cnbc interview with ceo dara khosrowshahi. you are watching "squawk box" and this is cnbc >>> welcome back to "squawk box. bp reporting a drop in the second quarter the company boosted dividend by 10% and would repurchase dividends. we welcome in bernard looney to the show >> thank you, andrew >> a different picture the last time we spoke. we were talking about windwfall tax at the time. the world switches fast. it is interesting to see the change in prices and what it means to profits and how you balance it on the dividend and repurchase side. >> it was a good quarter, andrew we grew 3% overall we drove production costs down by 9%. we grew other parts of the business as well w we tripled our power into the ev charging network and convenience business at 7%. a lot of growth and resulted in the announcement you have seen today with the confidence of $11.5 billion buyback which is good following 60% of cash to buybacks also over the last four quarters, andrew, we bought back 9% of the company shares we announced a 10% dividend r

volatile share action investors aren't sure how they feel about it let's consider the first one, dara khosrowshahion in free cash flow, first ever operating profit. gap income and returning capital to shareholders. this is what investors wanted since uber became a public company in 2019. but on the other hand, it's giving more mature utility, less disruptive start-up. revenue missed the street's expectation this quarter and continues to slow post pandemic and the first quarter top line grew 29%, nearly halved to 14% in the most recent second quarter. when bankers were pitching the ipo four years ago they thought that this is a company that could be valued at $120 billion. instead, it went out at about $75 billion and passed the $100 billion in market cap. it got here by delivering on unit economics and some might argue lyft's mismanagement remember that uber no longer has some of the moonshots it once did that made it disruptive like self-driving cars and fin tech ambitions. freight thought to become the aws of logistics has proved challenging. uber does on the plus side have a developing advertis