UBER Jan 2025 32.500 put
- Yahoo Finance Video
Here's what CEOs expect for Q2
As the first quarter of 2023 comes to a close, we asked 4 CEOs what they expect to see in Q2. The chief executives of WeWork (WE), Trex Co. (TREX), Santander (SAN), and the incoming CEO of Lyft (LYFT), all joined Yahoo Finance to share their outlook for the coming quarter. Santander U.S. CEO Tim Wennes told Yahoo Finance LIVE, “the consumer is resilient today. We've still seen consumer spending holding up. We've seen continued activity in terms of borrowing, but there's a lot of uncertainty.” You can find full video interviews below: 'Efficiency is in the air': Incoming Lyft CEO WeWork: ‘This is our moment,’ CEO says U.S. housing market: The ‘higher-end consumer is still very active,’ Trex CEO says Trust, confidence ‘impacted’ by U.S. banking crisis, Santander CEO says
- Yahoo Finance Video
'Efficiency is in the air': Incoming Lyft CEO
A management shakeup at Lyft (LYFT) is reigniting the battle for the rideshare market. Lyft's cofounders, Logan Green and John Zimmer are set to step down from their day-to-day roles as CEO and president next month, taking the helm in their stead is former Amazon (AMZN) executive David Risher. In an interview with Yahoo Finance's Brian Sozzi and Rachelle Akuffo, Risher said the company's top priority is providing a great experience for its customers. To do this, Risher says Lyft has to get the basics right, which for riders means an on-time pickup, pricing in line with the competition and getting where they need to go. When asked about opportunities for cost cuts Risher said, "Efficiency is also in the air... I'm very, very comfortable with the idea that you can sort of get twice the team, you know, without twice the people." Key video moments: 00:00:27 David Risher's priorities for Lyft 00:01:45 Competition with Uber 00:06:40 The possibility of a Lyft sale Watch our full conversation with David Risher here.
- Yahoo Finance
Lyft's new CEO on what's next, cost cuts, and possible sale: 'We are ready to fight'
Lyft's incoming CEO reveals some of his early thoughts on where he would like to take the business.
