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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 and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted. ——– “Bloomberg Technology” is our daily news program focused exclusively…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Quantum Clocks Enable GPS-Free Navigation

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Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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