ST. PAUL, Minn. — Ride-hailing companies Uber and Lyft said Monday they will keep operating in Minnesota now that state lawmakers have passed a measure that will increase driver pay, but at a lower

Your Portfolio Is a Garden. Weed It

11:14am, Monday, 20'th May 2024
I don't believe in the old stock-market saying “Sell in May and Go Away.” In my opinion, you should never “go away” from the stock market altogether. But May is a good time to weed out your po
Minnesota lawmakers reached an agreement Sunday on a bill that is designed to raise the pay rate for Uber and Lyft drivers working in the state.
ST. PAUL, Minn. — A plan to boost pay for Uber UBER, -0.58% and Lyft LYFT, -1.95% drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the stat

4 Reasons Why Lyft Is on the Right Track

01:23pm, Tuesday, 14'th May 2024
Lyft increased revenue by 28% in the first quarter. The company expanded its reach in the Canadian market and instituted a program helping pair women and nonbinary drivers and riders to increase feeli
Ride-hailing platform Lyft said it wants to lift its driver's earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70% or more on fares per

Jim Cramer checks in on the gig economy

07:28pm, Monday, 13'th May 2024
'Mad Money' host Jim Cramer takes a closer look at gig economy companies including Uber, Lyft, Instacart, and DoorDash.
CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.
Uber and Lyft are facing a trial in Massachusetts over allegations that they misclassified their drivers as independent contractors instead of employees. The trial is part of a larger legal and politi
Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts' attorney general alleging the ride-share companies misclassified their drivers as independent contractors
RBC Capital raised its price target to $24 on Lyft following its Q1 earnings report. Industry competition is easing and Lyft's guidance looks beatable, according to RBC.
LYFT's first-quarter 2024 earnings and revenues improve year over year.
The expansion of autonomous vehicles (AVs) and robotaxi services could pose a threat to rideshare operators Uber (UBER) and Lyft (LYFT). TD Cowen Internet and Media Analyst John Blackledge joins Catal

Why Lyft Stock Was Climbing Today

01:42pm, Wednesday, 08'th May 2024
Lyft easily beat top-line expectations with 28% revenue growth. New initiatives are paying off and building momentum.

Lyft CEO Looks to Get Faster, More Partners

12:58pm, Wednesday, 08'th May 2024
Lyft CEO David Risher says the ride sharing service is looking to pick up passengers faster. He also talks about the future of robotaxis and autonomous cars.
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