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Lyft said on Tuesday the company will guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry dominated by larger rival Uber Technologies , in a move to lure more drivers to i
Lyft is promising to boost earnings for its drivers who are also seeking more transparency on where riders' fares go. Moving forward, the company is guaranteeing a new pay standard.
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the fourth quarter and full-year 2023 after the close of the market on Tu
UBER aims to focus on its core Uber Eats business.
The fortunes of gig-economy giants like Uber Technologies Inc., DoorDash Inc. and Instacart will increasingly depend on their ability to broaden what they deliver and to integrate more deeply into loc
The technological advances of this new era, such as artificial intelligence and machine learning, open the way to new tools such as Autonomous Driving. They are no longer things of a distant future bu

Goldman Sachs Is Cooling Off on LYFT Stock

09:08am, Thursday, 11'th Jan 2024
Lyft (NASDAQ: LYFT ) stock is slipping on Thursday after Goldman Sachs downgraded the ridesharing company's shares today. That downgrade has analyst Eric Sheridan dropping LYFT stock from a “buy”

Why Lyft Stock Soared 28% in December

02:38pm, Tuesday, 09'th Jan 2024
New programs like women+connect are resonating with customers. The company should benefit from lower interest rates in 2024.
After a sizzling close to 2023, many investors are hoping the rally in tech stocks will continue into 2024. Some of that optimism is based on expectations that the January effect will occur.
Shares of Uber Technologies Inc. and the ride-hailing giant's smaller rival, Lyft Inc., have sprinted higher this year. But analysts on Friday suggested there might not be much left in the tank for ei
While ridesharing giants Uber and Lyft experienced significant growth in revenue in 2023, they reportedly facechallenges in 2024. For different reasons, financial services group Nomura recently downgr
Today is the last day of trading for the year, although it isn't a positive one for Lyft (NASDAQ: LYFT ). This morning, Nomura downgraded LYFT stock to “Reduce” from “Neutral” while also raisi

Analyst Weighs in on 2 Rideshare Stocks

10:08am, Friday, 29'th Dec 2023
Ridesharing bigwigs Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT) are moving in opposite directions this morning, after Wall Street brokerage firm Nomura weighed in on the stocks.
Uber and Lyft drivers protested at the Atlanta airport on Saturday to demand higher wages from the rideshare companies.
Lyft Inc (NASDAQ:LYFT) is expected to provide revised long-term financial targets when it hands down its fourth quarter results, with analysts at Jefferies seeing upside to the rideshare provider's b
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