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Lyft CEO Reveals Why Winter Storms Tanked Q1 Results

DeFi Daily News by DeFi Daily News
May 8, 2026
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Lyft CEO Reveals Why Winter Storms Tanked Q1 Results
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#ai #stocks #jobs #technology #nvidia #investing #markets #economy #finance
CoreWeave (CRWV) reported first quarter results on Thursday and missed Wall Street’s guidance expectations. EMJ Capital founder and president Eric Jackson and Yahoo Finance Senior Business Reporter Ines Ferré chat with Yahoo Finance’s Brian Sozzi about the earnings results and the outlook for Nvidia (NVDA) and artificial intelligence (AI) demand.

Lyft (LYFT) released mixed first quarter earnings results on Thursday, the rideshare giant attributing disappointing total ride figures to the disruptive winter storms seen across the US in early 2026. Lyft CEO David Risher sits down with Yahoo Finance Executive Editor Brian Sozzi to talk about this past quarter, its rider growth, and the company’s latest partnerships.

Chapters
00:00 What the jobs report really showed
01:53 Why AI layoffs are accelerating
05:06 Why AI infrastructure demand keeps growing
09:25 Intel’s comeback and the AI chip race
14:09 Lyft’s outlook on gas prices and demand
17:35 Lyft’s autonomous vehicle strategy
20:24 Why premium rides are growing fast

==
— Facebook: https://www.facebook.com/yahoofinance
— X/Twitter: https://x.com/YahooFinance
— Instagram: https://www.instagram.com/yahoofinance/
— TikTok: https://www.tiktok.com/@yahoofinance
— LinkedIn: https://www.linkedin.com/company/yahoo-finance

https://finance.yahoo.com/

source

Tags: business newsCEOEconomyfinance newsfinancial newsLyftresultsRevealsStock marketStock market newsStormstankedWinterYahoo Finance
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