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Equity

Equity Monday 10/05

Equity

TechCrunch

Business, News, Technology, Business News, Entrepreneurship

4.2372 Ratings

🗓️ 5 October 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

Starting the day American stocks are set to rise despite the country's president spending the weekend in a military hospital to combat his COVID-19 infection. The weekend itself was marked with national turmoil as information was incomplete, and shifting when it came to the health of the current administration.

Transcript

Click on a timestamp to play from that location

0:14.8

Hello, this is Alex, and you are listening to Equity Monday for October 5th, 2020. I am back.

0:15.8

A big thanks to Natasha and Danny for keeping everything running last week.

0:19.1

I missed a big one, but it is good to be back in the saddle aka the office chair.

0:23.3

Welcome to the fourth quarter of 2020.

0:26.0

If it is anything like the last three we are in for quite a ride so strap in

0:30.8

and of course a new quarter means that it is nearly time for yet another

0:34.4

earning cycle one that will include a number of new companies that just went

0:38.2

public names that you know already like Asana, J-Frog, Palantir and others. Stocks are also up this morning despite more political, economic, and health disruptions here in the U.S. where COVID infections remain high ahead of a contentious and critical election.

0:52.0

And of course, before we start, Equity is back on YouTube.

0:54.8

You can check that out over at YouTube.com slash Techrunge

0:57.4

and follow the show on Twitter at Equity Pod.

1:00.1

And with that, I think we can start. So turning to the weekend, well a couple of stories

1:07.0

stood out as important this morning,

1:09.0

one concerning the ridehailing market

1:11.0

that helps explain the risks still inherent in that space where many

1:14.0

players are still private, one discussing a recent boom in the crypto space that you should

1:18.2

hear about, and just a little nibble about Facebook that I swear matters.

1:23.0

Over the weekend and just six days after Uber won its appeal against London

1:27.1

Transportation regulators to continue operating in the city for another 18 months or a year

1:31.7

and a half, one of its bigger rivals has found itself in the hot

1:34.8

seat according to Tech Runch. Ola, the India-based ride hailing startup, is not getting its transport

1:40.8

for London, ride hailing license renewed, after failing to meet some of

...

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