our big thanks to david risher for that in-depth conversation.ngs next week. >>> coming up on the show, could there be another economic tale? we will discuss. stay with us. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley >>> welcome back. signs that the wall of worry that hit tech stocks in 2022 may be coming down. the federal reserve is thought to be near the end of its rate hike cycle and stopping inflation. in many cases, stock companies are narrowing losses. that is a positive for companies that generate more than 50% of their revenue from the highest chair -- share of the s&p 500 sectors.

lyft's co-founders handed over the ceo job to david risher.d held positions in amazon and microsoft. one of the first things he did was to become more competitive on pricing i asked him if that would continue leading to a new price war. the thing we used to see in the earlier days of ride sharing have a listen. >> our strategy is not really to compete on price, honestly we want price to be off the table. in fact -- >> that's been the most effective so far. >> it is a great starting point. if you price high people tend not to use you the way i think about it is i think it is in everyone's best interest to have uber and lyft on their phone and i really do think that look, there are going to be times, you know, a holiday, fourth of july, crazy event, whatever it is, one of us might let you down, i hope it's never ever us, but i really hope you have choice because guess what, people like that i think if you start thinking of it that way, then you will understand how we're starting to think about our kind of almost reintroduction to the world. we d