Bloomberg Tech Software Selloff Continues as AI-Impact Worries Grow
10 snips
Feb 11, 2026 
David Risher, CEO of Lyft, shares a brief bio as the leader of a major rideshare company. He talks about the company’s quarterly results and profitability outlook. He discusses robo-taxi partnerships and plans for micromobility operations. Short, clear takes on earnings, autonomous vehicle plans, and e-bike strategy.
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Pick Stocks By Architecture Not Sector
- Be a stock picker and analyze software architecture rather than grouping by sector when investing in software firms.
- Focus on security and platform distinctions to find durable winners.
AI Is Driving Massive Infrastructure Demand
- Hardware and infrastructure remain demand winners as AI adoption drives massive CapEx needs.
- Token usage is surging and implies multi‑year data center investment to support AI workloads.
SpaceX+XAI: Funding Compute In Space
- The SpaceX–XAI tie-up is about strategy and funding AI compute, potentially enabling space-based data centers.
- Combining the businesses could support larger launch vehicles and sustained AI training budgets.