Sep. 14 at 6:34 AM
$LYFT Lyft is also touting future projects: a shuttle with Benteler Mobility & a planned
$MBLY Mobileye-powered robotaxi deployment in Dallas by 2026. Translation: expensive timelines, heavy capital, & plenty of ways to disappoint investors before the finish line. Risks are familiar: the cost of AV development, regulatory & safety bottlenecks, competition from Waymo & others, & consumer adoption that is still more theoretical than real.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper promises
$500 million in “synergies.” Redfin synergies. Over
$200 million projected. Allegedly from cost cuts & cross-selling. EPS boost. Analysts raised 2026 EPS forecasts by 11%. The uptick relies on rate declines & synergies.