let's check in with david risher ceo of lyft. mr. ad money." >> it is so good to be here. how are you? >> i'm a nervous traveler. i've got you. i hate being late. i always think i'm going to miss the plane. i'm scared to death. i'm waiting for the ub asterisk r to show up. give me some certainty that maybe i'm using the wrong gu >> well, you are using the wrong guy, and here is why i can tell you that. wennounced something called the guaranteed airport pickup. and to your point, everyone is stressed during holidays. anthe hodays should be so eat. they're a time of getting together with your family. but man, what time is the car going to pick me up so on and so on. we say we guarantee we're going to pick you up. if we're more than ten minutes late we will pay you up to $100 in lyft cash. that's enough for you to take one of those ubers that are a huge mistake for you to take but here you go. >> these kinds of things were no stranger with you. you're an inventive person. your bkgrounis about invention and creativity. every one of the th

i am pleased to welcome lyft ceo, david risher.pell out whether or not the growth you saw, particularly halloween being a blowout, if you can continue that and why not at least in pace going into the final quarter? david: i think it is going to accelerate. you never really know but i can tell you for the weeks leading up to halloween, we saw a record bookings. what that tells us is that people are getting out. people want to be connected with one another. we introduced a future for a scheduled ride to by the airport. if we are not there any 10 minutes, we will pay you up to $100. we want to reduce stress so people can enjoy themselves. caroline: $100 if you don't get your car on time, even if you take a taxi or an u how much can you pay on incentivesber? to make sure people become addicted to your product? david: the truth is we don't want to pay a dime because you want to be reliable. we focus energy on making sure you get it scheduled ride to the airport, it is going to show up a couple of minutes early. it will wait for you, it

ceo david risher is here to give it all to us. hi, david. thank you for being here. >> hey, liz.t incentive, you're calling it the on-time pick-up promise? >> yeah. so the holidays are stressful, and they shouldn't be. it's all about getting together with the family and trends and unwrapping gifts. but, of course, the stress begins the moment you start to think, oh, i've got to get my family to the airport we said, look, how can we headache holiday less stressful. the answer is the on-time pick-up guarantee, and we're so confident that our driver will get there a little bit ahead of time, but if they're more than 10 minutes late, we'll pay you automatically up to $50, and if you end up having to take uber to the airport, we'll even pay for that. liz: oh, interesting. so who's going to front that? and you've got to be careful or, don't you? could that dig into your revenues? certainly maybe the margins? are you worried about that? >> i mean, i'm not worried because we've got a great product, right? you only do this if you're really confident you can deliver. we know one time in a

lyft q3 results beat the expectations for more on the quarter, don't miss a cnbc interview with david rishera.m. >>> and josh gottheimer is calling the u.s. to reguister tiktok as a foreign agent and hate speak. >>> and jobless claims are out at 8:30 a.m. eastern from wynn resort and tapestry and coors and kate spade fed officials are speaking today headlined by jay powell at the panel at the conference in washington at 2:00 p.m >>> turning back to the markets now is a split session with the dow snapping a recseven-day win streak nasdaq and s&p are up for the eighth and ninth day will they maintain the positive momentum today let's ask patrick frizzetti. pat patrick, good morning. >> thank you, frank. >> can the rally with the s&p and nasdaq continue? what did you make of the comments from jay powell yesterday? >> look, i think the terms of the s&p continuing is a very concentrated market. we talked about the seven stocks out performing for many reasons. the multiples are expanding more and more i don't think you can have a healthy, functioning market for the intermediate or long term for a

david risher, lyft ceo, joins us at 12:00 new york time.rg. ♪ quick check on the markets. we are kind of going nowhere fast on a broad basis for the s&p. we were trying to eke out nine days of gains. he may have given that over the last nine days it has been tech, consumer discretionary, and real estate, kind of a mixed bag. yields not doing a lot. a little higher on the back end, but we have the 30-year auction coming. the yield is below were sitting right at its 50-day moving average. i wonder whether technicals will look like after this auction. something else we are looking at our individual stocks like astrazeneca. that's talk in london up over 2%. it also said he will be dipping its toe into the obesity drug market. the from a giant is partnering with a chinese biotech from to make a pill that it says could cost less than the shots. we are joined by astrazeneca cfo aradhana sarin. aradhana, thank you for joining us. a lot to get to, but the buzz is all about the anti-obesity market. give us a sense of timeline, give us a sense of pric

that's right we have lyft ceo david risher with us. positive, so a bit of turnaround fort after-hours overnight i mean, really since you became ceo earlier this year you have began to price more aggressively, and that has helped you guys recoup some market share against your rival uber can you continue to price that aggressively how do you balance that with profitability? >> good morning. great to see you again so look, it's a growth story right now and you mentioned one way that we're growing is because we're pricing in line with the market, which is wonderful and makes a lot of sense, our riders like it a lot, and we've grown three consecutive quarters up 10%, up 17%, now up 20% and we'll grow a little bit more next quarter our big focus is on obsessing over customers that's our focus we think we can do it profitably and grow and excited about what the future holds. >> is this as good as it gets? when i look at gross bookings, a metric you reintroduced, it shows that you're growing gross bookings 15% versus 31% at uber. can you incre

tomorrow, we're going to talk to david risher in the 10:00 a.m.astern hour and give us more highlights from the quarter. mel? >> i got to ask you about the move in instacart. it was up 7% today, and then it gave up most of the gains. what happened? >> i'm just looking at it right now, yeah, it gave up a lot of those gains. let me look into this, i know that advertising was seen as a strength, it uswas up 19%. i have to assume it was something said on the call. i'll check on that one. >> thank you, d-bo. always all over it. what do we make of this -- it's called maplebear. i saw that and i thought -- i didn't know about the maplebear, you know -- >> isn't this -- we just heard from two companies that beat, good, there's no such thing as good or bad earnings, it's earnings, and how the stock reacts. whatever they said, get on the call, it's bad. that's it. they're both down. bad. >> yeah. >> so, when you look at lyft, everyone always compares lyft and uber, and obviously the market, it's actually pretty -- fun or ironic or however you want to say it