Stocks to Watch Wednesday: Super Micro, Lyft, Alibaba
Shares in the AI server maker jumped 6% ahead of the opening bell after the company significantly [lifted its fiscal 2026 sales outlook]( ...
Lyft shares sink as tough competition takes a toll on bookings forecast
Lyft shares slumped 12.5% in premarket trading on Wednesday after the company forecast weak gross bookings for the first ...
Don’t move NASA to Florida. Shut it down | Letters
Elon, let’s see how determined you really are to eliminate waste in the federal government. Reduce NASA’s operating budget by ...
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Bank of America Beats the Growth Drum for LYFT Stock with New Price Target
Bank of America (BofA) has raised its price target for U.S.-based Lyft ($LYFT), highlighting the ride-hailing company’s ...
Lyft’s Uphill Battle on Navigating Weakening Network Effects and Competitive Pressures
Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...
Dash Is Reinforcing Market Leadership Through Network Effects and Innovation
As of December 2024, Dash had $5.4 billion in cash and cash equivalents with no debt and approximately $536 million in operating leases. The company has a considerably lower debt load than Uber, ...
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Miami-Dade Sheriff’s Office launches undercover operation to take down fake rideshare drivers
A massive crackdown by the police on fake Uber and Lyft drivers. Heather Walker was there for the undercover operation.Officer: “Are shoppers ready back in<a class="excerpt-read-more" href=" More ...
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‘It’s part of the job’: Ride-share drivers brave snowy roads despite safety warnings
With Tuesday’s snow storm, VDOT has urged drivers to stay off the roads until the snow and ice melt later this week, but for ...
Lyft bookings hit a winter slump
Fourth-quarter bookings, though record-setting for the company, were just shy of expectations, and Lyft issued a weak ...
Lyft says rides have gotten cheaper. Here’s why investors are selling.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...
North Texas rideshare drivers accused of hiding license plates to avoid tolls
A recent Telemundo 39 Responde investigation uncovered allegations that some North Texas rideshare drivers are using bicycle ...