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The Latest Breaking News from Lyft

Lyft Stock Jumps On Better-Than-Expected Sales, Strong Demand Forecast

Lyft stock was trading higher late Tuesday, after the ride-hail company posted better-than-expected Q1 earnings and sales.

Investors Business Daily

Uber And Instacart Team Up. Rival DoorDash Stock Falls.

Uber And Instacart Team Up. Rival DoorDash Stock Falls.

Instacart will offer restaurant delivery through a deal with Uber.

Investors Business Daily

Uber Earnings: Wall Street Watching Bookings Growth, Robotaxi Debate

Uber Earnings: Wall Street Watching Bookings Growth, Robotaxi Debate

Uber's Q1 earnings on Wednesday offer a chance to regain momentum for Uber stock, which has slowed after a strong 2023.

Investors Business Daily

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7 biggest app annoyances — here’s what drives us up a wall with mobile apps

As much as we like using mobile apps on our iPhones and Android devices, we run into a few irritations along the way. Here's what annoys the Tom's Guide staff about apps these days.

'Tesla Left Some Really Good Sites On The Table': How Revel Aims To Fill A Charging Vacuum

The CEO of fast-growing rideshare (and charging) company Revel says Tesla's loss could soon be their gain.

Massachusetts Court Battle Over Gig Workers' Status

Legal battle in Massachusetts over gig workers' classification for Uber and Lyft could reshape the gig economy landscape.

Dow Jones Futures: Tesla, AI Play Surge On Earnings, Meta Looms

A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.

Investors Business Daily

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Lyft Driver Allegedly Raped And Kidnapped By Passenger In Georgia

Lyft Driver Allegedly Raped And Kidnapped By Passenger In Georgia

Man arrested in Georgia for raping and kidnapping a Lyft driver, sparking safety concerns in ride-sharing services. Lyft condemns the actions as reprehensible.

New Federal Rules for Independent Contractors Will Destroy Freelancers' Livelihoods

A similar law in California had disastrous consequences.

What is Grab? Southeast Asia’s post-Uber “everything app”

What is Grab? Southeast Asia’s post-Uber “everything app”

While you may never have heard of it, the Grab app has become as ubiquitous in southeast Asia as Uber, DoorDash, and Venmo are in the U.S. — and it just posted a profit for the first time since listing on the Nasdaq in 2021.

Minneapolis Faces Debate Over Uber And Lyft Operations

Minneapolis Faces Debate Over Uber And Lyft Operations

Minneapolis ordinance mandating higher pay for ride-hailing drivers sparks debate and potential service disruptions by Uber and Lyft.

‘She’s done it again’: fans celebrate release of Beyoncé’s album Cowboy Carter

‘She’s done it again’: fans celebrate release of Beyoncé’s album Cowboy Carter

Celebrities from Anita Baker to Hailey Bieber – and even a politician – posted on social media, and Uber and Lyft offered deals

The Guardian - US

Lyft Put Options Have High Premiums - Good for OTM Short Sellers as an Income Play

Lyft Put Options Have High Premiums - Good for OTM Short Sellers as an Income Play

Lyft stock keeps rising, which has also elevated its put options. This has been a boon for short sellers of out-of-the-money puts. Lyft's forecast of positive FCF could be positive for Lyft put short sellers.

Surge pricing: Examples, history & how it works (Uber, Lyft, DoorDash & more)

Surge pricing: Examples, history & how it works (Uber, Lyft, DoorDash & more)

Dynamic pricing is actually far more common than most think and is used every day by household brands like Alaska Airlines, Amazon, Google, and Ticketmaster.

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Broadcasting & Cable

Lyft Hires Nielsen To Measure Audience For In-App Ads

Campaigns to be gauged with Nielsen One Ads, Brand Impact and Buyer Lift

The Guardian - US

Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up

Groups of drivers backed a bill setting minimum pay, but the two tech companies say it’d make riders’ fees unsustainable

Uber and Lyft threaten to halt operations in Minneapolis over minimum wage law

After a minimum wage law gets passed for a second time in the Twin Cities, the ride-hail companies vow to put up a fight.

International Business Times

Uber and Lyft Cease Minneapolis Operations Amid Wage Dispute

Uber and Lyft will halt services in Minneapolis by May 1 after the city council overrides the mayor's veto on a minimum wage ordinance for rideshare drivers.

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International Business Times

Reddit Is A Great Company, But Is It A Great Investment?

Reddit, which will soon launch an Initial Public Offering (IPO), is a great company but may not be a sound investment.

Unusual Activity in Lyft Put Options Highlights Its Underlying Value

LYFT put options today are showing large unusual activity. Lyft recently said it expects a positive FCF in 2024. This highlights the underlying value of LYFT stock. This put activity may be a short-put income play.

Investors Business Daily

Lyft And DoorDash Rise On Upgrades. Analyst Says They Should Partner Up.

Lyft stock and DoorDash gained Monday on an upgrade from RBC Capital. Analysts said the two companies should team up.

Stocks Fall Back Ahead of Fed Chair Powell and Feb Payroll Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Stock indexes this morning are moderately lower as they consolidate last Friday’s gains...

International Business Times

Uber Is Winning Over Lyft, But The Game Is Not Over

Uber and Lyft are in the right market at the right time. The market is ride-hailing, which has been changing riders' lives worldwide.

Lyft Makes Positive Free Cash Flow and Expects This for 2024 - Could Lift LYFT Stock 25% Higher

Lyft generated a positive $14.9 million in free cash flow in Q4 2023 and the ride-share company said it expects positive FCF in 2024. That could push LYFT stock 25% higher and is good for short-put investors.

New York Is The First U.S. City With 10,000 Electric Uber, Lyft And Rideshare Cars

New York City's Taxi and Limousine Commission rules require Uber and Lyft to go all-electric by 2030.

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