Starbucks Heats Up, Lyft Stalls
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 4 May 2022
⏱️ 29 minutes
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| 0:00.0 | Today on Motley Fool Money, ride sharing, the business of pets and coffee. |
| 0:10.3 | Wonderful, wonderful coffee. |
| 0:15.0 | I'm Chris Hill, joining me today from the financial capital of the United States of America. |
| 0:25.7 | It's Motley Fool Senior Analyst, Maria Gallagher. |
| 0:28.1 | Who do you see? |
| 0:30.1 | We've got the latest on Starbucks and Match Group. |
| 0:34.1 | We're going to start with the ride sharing businesses. |
| 0:36.1 | Uber and Lyft both out with first quarter reports. |
| 0:40.1 | There is a tendency to lump these two together, not just because they're in the same line of work |
| 0:46.1 | and because they typically report earnings at about the same time. |
| 0:50.1 | But also because for a long time, their business is sort of tracked one another. |
| 0:54.1 | I feel like what we're seeing today is representative of some sort of divergence between the two businesses. |
| 1:02.1 | And not just because shares of Lyft are down dramatically more than shares of Uber. |
| 1:08.1 | But it seems like they're in different places in terms of where they are investing. |
| 1:16.1 | Part of why shares of Lyft are down is they're talking about how, hey, look, we're going to be spending more money. |
| 1:20.1 | We need to spend more on driver incentives. |
| 1:24.1 | It's not that Uber is suddenly magically a profitable business. |
| 1:28.1 | But it seems like they're, I don't know, are they more mature as a business? |
| 1:34.1 | What do you see when you look at these two? |
| 1:36.1 | Yeah, I think it is really important to understand that they are really used interchangeably colloquially. |
| 1:42.1 | In terms of what rider are you getting, it's either going to be Lyft or Uber probably. |
| 1:46.1 | And so understanding the difference in scale is really important. |
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