Stock Movers Workday Higher, Lyft Rises, Nvidia Down on China's Orders to Stop Buying Their Chips
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Sep 17, 2025 Workday's shares climb as Elliott Investment Management praises its impressive progress and strategic enhancements. Meanwhile, Lyft's partnership with Waymo signals an exciting future for robotaxi services in Nashville, poised to rival Uber. On a down note, Nvidia faces a stock drop after China halts orders for its AI chips, leaving CEO Jensen Huang expressing disappointment and patience. The podcast also touches on the impending IPO of StubHub, highlighting its market challenges and pricing concerns.
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Workday Gains From Activist Backing And Buybacks
- Workday received praise from Elliott Investment Management for improved operating model and capital allocation, sparking an 8%+ share jump.
- The board also authorized up to $4 billion in buybacks amid concerns about AI's impact on subscription growth.
Hosts Banter About Ride-App Habits
- Paul Sweeney jokes about using multiple ride apps to arbitrage prices, citing common user behavior.
- He teases colleague Matt Miller for picking one app for credit card points instead of price shopping.
Lyft Rises On Waymo Robotaxi Deal
- Lyft jumped over 12% after announcing a partnership with Waymo to offer robotaxi service in Nashville next year.
- The service will launch via the Waymo app first and later appear on the Lyft platform, pressuring Uber shares.