4min chapter

Bloomberg Technology cover image

Lyft's Slow Growth and Rivian's Capital

Bloomberg Technology

CHAPTER

Introduction

The Philadelphia semiconductor index or SOCs, softer by 1.6% underperforming the market. Lyft falls after the ride sharing company reported its slowest revenue growth in two years. We sit down with GM President Mark Royce as the company unveils its first all-electric Escalade IQ. An Amazon is in talks to be an anchor investor in arms IPO in a deal that could raise as much as 10 billion for the chip company.

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