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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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Tech Stocks Rally on the Back of US-Iran Ceasefire Deal | Bloomberg Tech 4/8/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays.
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Some of Snowflake’s coders are producing work 24 hours a day using AI agents, says CEO Sridhar Ramaswamy. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone’s features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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