Uber (NYSE: UBER) got a huge new investor last week when hedge fund manager Bill Ackman announced a $2.3 billion stake in the ...
Lyft’s ( NASDAQ: LYFT) Q4 results demonstrated its effective cost discipline, pricing dynamics, and consistent rider growth, ...
Lyft reported strong gross bookings and revenue growth but both missed expectations. The company's performance is being impacted by a challenging pricing environment and competition.
A proposal for a pilot microtransit service, which would operate similarly to ride-hailing services like Uber or Lyft, is ...
The company forecasts 10% to 14% bookings growth for the current quarter, down from 15% growth in the latest quarter and 16% growth in the one before that. One issue for Lyft (LYFT) is a downturn in ...
Lyft shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year ...
Shares in Lyft are tumbling in premarket trading Wednesday after the ride-hailing company projected first-quarter bookings that lagged estimates amid an ongoing price war with rival Uber Technologies.
Lyft's Q4 earnings were solid, with the company generating strong growth. The guidance was fairly soft, though. Read why I ...
Lyft shares tumbled close to 14% in premarket trading on Wednesday after the company issued weaker-than-expected guidance for ...
Barclays analyst Ross Sandler lowered the firm’s price target on Lyft (LYFT) to $19 from $20 and keeps an Equal Weight rating on the shares ...
The January consumer price index (CPI) data is due at 8:30 a.m. ET, with headline inflation estimated to rise 0.3% ...
More New Yorkers are hopping into yellow cabs on Manhattan’s busiest streets since the January launch of congestion pricing — a promising, albeit preliminary, indicator for the health of the city's ...