Demystifying Lyft's $2 Billion Typo

Money Rehab with Nicole Lapin

Money News Network

Self-improvement, Education, Business

4.6 • 1.7K Ratings

🗓️ 15 February 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, a simple typo led Lyft's market cap decline of over $2 billion. Nicole explains what went wrong, and why it's a cautionary tale for investors. $ Investors: Robinhood has the only IRA that gives you a 3% boost on every dollar you contribute when you subscribe to Robinhood Gold. Learn more at Robinhood.com/boost $ Want the kiddos in your life to become money masters? Check out Greenlight, the best money app and debit card for families (and get one month free!): http://greenlight.com/moneyrehab $ Is mental health a resolution for 2024? Get 10% off your first month of therapy with BetterHelp at: http://betterhelp.com/moneyrehab $ The secret to health and wealth is in your gut. Literally. Get 20% off a 90 day bottle of Just Thrive Probiotic and Just Calm. Try it at: justthrivehealth.com and use promo code: MONEYREHAB. $ Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork

Transcript

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0:00.0	Did you know that even if you have a 401k for retirement you can still have an IRA?
0:04.7	Robin Hood has the only IRA that gives you a 3% boost on every dollar you contribute
0:10.0	when you subscribe to Robin Hood Gold. But get this, now through April 30th, Robin Hood is even boosting every
0:16.0	single dollar you transfer in from other retirement accounts with a 3% match. That's right, no cap on the 3 percent match. Robin Hood gold gets you the most for your
0:25.9	retirement thanks to their IRA with a 3 percent match. The offer is good through April 30th.
0:31.4	Get started at Robin Hood.com slash Boost. Subscription fees apply. And now for some legal info, claim as of Q1 2024 validated by radius global market research. Invest investing involves risk including loss.
0:44.2	Limitations apply to IRAs and 401k's.
0:47.2	3% match requires Robin Hood gold for one year from the date of the first 3% match, must keep Robin Hood IRA for five years.
0:55.2	The 3% matching on transfers is subject to specific terms and conditions.
0:59.3	Robin Hood IRA available to U.S. customers in Goodstanding.
1:02.6	Robin Hood Financial LLC Member CIPIC, a registered broker-dealer.
1:07.1	Are you feeling stressed at work?
1:08.8	Trink question.
1:09.6	I know you are.
1:10.3	Because we all are.
1:11.7	Let's be honest. It's not just your mind that suffers when you're
1:14.3	feeling tense and anxious. Stress can also make a mess of your stomach and
1:18.2	immune system too. I can personally vouch for this. But here's the breaking news. You can alleviate your stress,
1:25.1	you just have to take care of your gut. Yep, it all comes down to your gut. And with
1:29.2	just calm, the breakthrough new stress-busting formula from Just Thrive, your gut will be living
1:34.4	its best life.
1:35.4	JustCom's exclusive mood lifting blend is clinically proven to help you relax and breathe a little
	...

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