Uber and Lyft Still Have Problems
In this episode of MarketFoolery, host Chris Hill talks with The Motley Fool's Jason Moser about some market news. Big Oil stocks popped on news of an attack on Saudi Arabia's oil industry. Jason explains why investing in energy is so tricky and name-drops one company that would benefit big from more expensive oil prices. Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) both popped on an upgrade from HSBC (NYSE: HSBC), but some among us remain unconvinced. Accenture (NYSE: ACN) reported that big banks might be leaving $280 billion in payments revenue on the table in the next few years. Jason puts on his Industry Focus: Financials host hat and explains why that is, who stands to benefit from big industry changes, and more.
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Source Fool.com