This chapter discusses the success of gig economy apps like Uber and how they have defied doubters of their business model, as well as highlighting Uber's inclusion in the S&P 500 and reaching a record high. They also touch on executives admitting mistakes and its impact on stock reactions, followed by two ads on cyber preparedness and AI-native threat detection.
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Bloomberg Technology Co-Host Ed Ludlow explains how a mistake in ride-hailing provider Lyft's outlook for profitability sent the stock surging on Tuesday. Pat Regnier, Editor of Bloomberg Markets Magazine, provides the details of the Markets Magazine story The End of Zero Rates Ushered in a New Era of Investment Error. Bloomberg News Mexico Business Reporter Amy Stillman discusses why Tesla’s Chinese supply base in Mexico is stoking fears in Washington. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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