Today, Charlie discusses more challenges for Lyft, why the Buffett indicator shows a crash may be coming, a challenge for Apple in China and disappointing earnings from Cisco.
Topics discussed:
Lyft lost more than $200 million dollars last quarter, and although rides are up, legal challenges in California cause the company to suspend business in the state.
Warren Buffett’s favorite stock market crash indicator is flashing.
Apple may not be allowed to have China’s number 1 app on the app store which could lead to terrible consequences, and Cisco has not been able to capitalize on the pandemic the way many other tech companies have.
Links mentioned in this episode:
www.invstr.com/more-falls-for-lyft?
www.invstr.com/the-buffett-indicator
invstr.com/13-august-watchlist-2

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