Independent thinking for complex markets and current events
Lyft shares shed more than 9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenues of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Bookings, which measures the charges posed to customers for rides …
by confoundedinterest17 Billions Biden, the President who loves to (recklessly) spend taxpayer money (mostly on large donors). is going to have difficuly spinnig the latest employment figures. First, ADP jobs added only 177k jobs in August. Second, job openings (JOLTs) are collapsing (blue line) while the S&P 500 index keeps climbing (orange line). The face of …
by Chris Black Juicy stuff is about Pence/2020; Trump points out that if the VP really didn’t have power to send votes back, Dems & Con, Inc. wouldn’t bother to make a law revoking that power. Tucker should have led with this, but it’s buried behind 30 minutes of boomer bait questions about Epstein and …