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Massive Amount of Demand Coming Back: Lyft President

Aug.05 — John Zimmer, Lyft president, discusses the ride hailing company’s 2Q earnings that show its first ever quarterly adjusted profit despite driver shortages and the country coming out of the pandemic. He speaks with Emily Chang on “Bloomberg Technology.”

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Aug.05 — John Zimmer, Lyft president, discusses the ride hailing company’s 2Q earnings that show its first ever quarterly adjusted profit despite driver shortages and the country coming out of the pandemic. He speaks with Emily Chang on “Bloomberg Technology.”

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6 Comments

6 Comments

  1. A.S.

    August 5, 2021 at 11:12 pm

    We pay our drivers all time high 😂😂😂 biggest fucking lie

  2. Roma

    August 5, 2021 at 11:12 pm

    still not enough drivers

  3. hangender

    August 5, 2021 at 11:14 pm

    given that we are going back to infinite lockdown…yea there 0 demand coming.

  4. Youssef Hegazy

    August 5, 2021 at 11:35 pm

    In other words : Massive amounts to steal from drivers. Lyft drivers don’t know how much passengers pay, and Lyft takes 50% of the transaction. They are thieves and are way worse than Uber nowadays.
    Edit : Also, he tried to take credit for the mask mandate, even though it’s mandated by the CDC.

  5. mrPmj00

    August 5, 2021 at 11:52 pm

    — AMAZON:
    Yep, I bought a ton on the dip.

    Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

    …With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

    Amazon is investing so much money, that no competitor will ever be able to catch up.

    My strategy is if Amazon keeps going down, I buy more to average cost down..
    I buy using money on the sideline, then I sell other stocks that are up, then I sell other stocks that have lost less than Amazon’s -7.5%. Most stocks that pop or

    drop hard usually recover 50% soon after.
    Amazon’s not going anywhere so I know that eventually it will come back.
    Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

    Get on board or be runover, it’s up to you.

  6. Joel Bondurant

    August 6, 2021 at 12:30 am

    USA brand tax cattle must comply with the Fauci-19 global currency crisis management system.

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Bloomberg Technology

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Bloomberg’s Caroline Hyde breaks down the Magnificent Seven’s rally and pushes ahead to GameStop’s AGM as CEO Ryan Cohen gears up to deliver remarks. Plus, a look at the summer box office as Inside Out 2 rakes in over $150 million over the weekend.

04:42 Verdence Capital Advisors CIO Megan Horneman
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34:46 FPV Ventures Co-Founder Wesley Chan
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A growing number of AI startup founders are looking to sell their companies, according to Hugging Face CEO Clem Delangue, in a possible sign of consolidation coming to the artificial intelligence market. He joins Caroline Hyde to discuss the company’s latest acquisition and the state of the AI space on “Bloomberg Technology.”
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Google DeepMind Shifts From Research Lab to AI Product Factory

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Last year, facing pressure to keep pace with OpenAI and other competitors, Google combined its two AI labs to develop a super-unit which would develop commercial AI products. One year in, several employees are saying this move has been undermining the company’s long-running strength in foundational research. Bloomberg’s Mark Bergen joins Caroline Hyde on “Bloomberg Technology.”
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