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Lyft CEO takes credit for error on earnings report

Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.” Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles…

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Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”

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9 Comments

  1. @anthonyrose6686

    February 14, 2024 at 2:31 pm

    Wow manipulation

  2. @EvelynBrown-ef2mh

    February 14, 2024 at 2:44 pm

    You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months sometimes less and now they are multi millionaires. I pray that anyone who reads this will be successful in life.

    • @EmilyFredric

      February 14, 2024 at 2:44 pm

      Hello how can I make such amounts monthly I’m a born Christian so I try not to indulge in some kinda things but IIl really appreciate if you can explain this to me. A lot of times feel so down Add a reply… X cos I’ve had a couple opportunities pass me by because of ignorance. Then again not all of us have an idea of what meme coins are or hoW we are supposed to earn from them. Surely you can’t just google up a meme coin and invest in it casually, can you
      I’ve had a couple opportunities pass me by because of ignorance. Then again not all of us have an idea of what meme coins are or hoW we are supposed to earn from them. Surely you can’t just google up a meme coin and invest in it casually, can you?

    • @Josephinebrainstorm

      February 14, 2024 at 2:45 pm

      Thanks to my co-worker (Sean) who suggested Mrs Mary Elizabeth Webb.

    • @EricShirley-ni9yy

      February 14, 2024 at 2:46 pm

      After I raised up to 325k trading with her I bought a new House and a car here in the statesalso paid for my son’s surgery (Benjamin). Glory to Add

    • @JamesLinda-bm5pi

      February 14, 2024 at 2:46 pm

      Who’s that supposed to be?

    • @RonaldDorothy-so4ij

      February 14, 2024 at 2:47 pm

      She’s a licensed broker in the states

  3. @thebroketrader42

    February 14, 2024 at 2:44 pm

    They should be fined significantly.

  4. @StreamingFrames

    February 14, 2024 at 2:46 pm

    For a start, Gig apps should pay the independent contractor (the driver) same as what France passed for new 2024 rates: $1.70 per mile for the vehicle (or 1 Euro per Km) AND minimum $0.55 cents (or Euros) PER MINUTE for driver’s TIME/effort. And those rates should run like a stopwatch on the phones on every second & miles (Km) driven, separately like an old taxy cab meter. Talk of hourly wage is relevant — if the vehicle ( a company car), fuel, maintenance, insurance & etc provided by rideshare COMPANY only — currently none of the vehicles are by rideshare companies, it’s all driver owned. hence pay drivers how France is charging the passenger/customer, the old taxi company way.

    Uber & Lyft charge the driver .24 cents from every dollar for insurance when driver only makes 90 cents per mile on most times & zero cents per minute…and who in the right mind would agree to a $2500 insurance deductible? What Uber doing is what Craigslist is doing for free. But, Door Dash, Lyft, Uber’s cut (trip take rate) is between 35% to 85% from passenger payment, unbelievable.

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