Ed Ludlow

And shares of Lyft plunging after the company's latest earnings results.

We'll be joined by CEO David Risher to unpack it all.

I'm going to run through the earnings that we're going to get through throughout the hour.

Lyft is down or on track to be down the most since August of 2024.

Its profit outlook has the street a little bit worried because they don't have the answers on why that outlook is weaker than consensus.

T-Mobile actually missed on wireless subscribers in the quarter gone, was lower and is now higher 3% in the session.

And then Shopify beat estimates.

But there seems to be this concern out there with the stock on track for its biggest drop since April last year that AI is coming for it.

That is a common theme we've heard for a little while now, Caro.

We were talking about your story as a team, Carmen, just really one of the most read on the terminal and on .com.

There are names in there that are familiar, like some of the wealth managers, for example.

And then there are names that really, like even we haven't heard of, go through those impacted specifically.

We've been zeroed in on this software story for so many days in a row now and earnings, of course, but we should discuss the stronger than expected U.S.

jobs report.

Payrolls in January rising by the most of more than a year.

Unemployment falling unexpectedly.

What does that signal for the tech sector?

What do our audience need to understand about that?

that would suggest that we are still zeroed in on the capital expenditures numbers that will come from the hyperscalers and others, and that that will be the yardstick by which we judge continued growth, right, for the balance of this year?

And how important a data set is that going to be for you this year, Ankur?