Searching for Answers, and Lyft Needs A Lift 2/10/23

from Power Lunch · host CNBC

Google is “searching” for answers, as Alphabet shares have lost roughly $150 billion in value this week. We’ll hear from an analyst who still thinks the stock is a “buy” from here, despite its botched AI rollout.Plus, Lyft is getting crushed after missing estimates and issuing weak guidance, losing a third of its value. We’ll dig into its quarter, and get our trader’s take on whether the stock looks attractive at a 35% discount. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Google is “searching” for answers, as Alphabet shares have lost roughly $150 billion in value this week. We’ll hear from an analyst who still thinks the stock is a “buy” from here, despite its botched AI rollout. Plus, Lyft is getting crushed after missing estimates and issuing weak guidance, losing a third of its value. We’ll dig into its quarter, and get our trader’s take on whether the stock looks attractive at a 35% discount.

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Searching for Answers, and Lyft Needs A Lift 2/10/23

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This episode was published on February 10, 2023.

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