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The Latest Breaking News from Lyft

New Federal Rules for Independent Contractors Will Destroy Freelancers' Livelihoods

A similar law in California had disastrous consequences.

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

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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.

Lyft Hires Nielsen To Measure Audience For In-App Ads

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

Broadcasting & Cable

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

The Guardian - US

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.

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Uber and Lyft Cease Minneapolis Operations Amid Wage Dispute

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.

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.

International Business Times

Unusual Activity in Lyft Put Options Highlights Its Underlying Value

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.

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

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.

Investors Business Daily

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

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...

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

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.

International Business Times

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

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.

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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.

Investors Business Daily

Stock Market Rally Handles Hot Inflation: Weekly Review

Stocks were mixed as hot inflation pushed up Treasury yields, but indexes are near 52-week or all-time highs.

Global Stocks Rise as Wall Street Recovers, Oil Prices Decline

Shares rise in Europe and Asia as Wall Street bounces back. Japan and UK report economic contractions. Tokyo's Nikkei 225 closes at highest level in 34 years.

Lyft Forecast Blunder Stirs Concern, Triggers Scrutiny

Discover how a Lyft forecast error has caused a stir in the trading world, possibly attracting regulatory scrutiny. Stay informed and read more now.

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Stock Market Today: Stocks Close Higher After CPI-Fueled Clobbering

The main indexes finished higher Wednesday, regaining some ground lost during Tuesday's selloff.

Investors Business Daily

Stock Market Today: Dow Jones Rebounds After Market Sell-Off; Uber Surges On $7 Billion Buyback

The Dow Jones rebounded after Tuesday's market sell-off. Lyft soared as much as 67% on a "clerical error" on the stock market today.

Evening Standard

Lyft shares go on wild ride after $620 million error in results

Lyft claimed its margins were set to grow by “500 basis points”, before admitting it meant 50

Investors Business Daily

Dow Jones Futures Rise After Stock Market Sell-Off; Lyft, Robinhood Jump On Earnings

The stock market sold off Tuesday on inflation data and key earnings. Lyft and Robinhood were huge earnings winners overnight.

Investors Business Daily

Lyft Stock Surges, As Earnings Report 'Still A Good One' Despite Major Typo

Lyft stock jumped 50% late Tuesday after the ride-hailing company released its fourth quarter earnings.

Valentine’s Day: Uber, Other Ride-Sharing Drivers To Strike

This Valentine’s Day it may be hard to travel for your love as Uber, DoorDash and Lyft drivers plan to temporarily strike and stop service to and from select airports.

International Business Times

From Cupid To Couriers: Valentine's Day Strikes Hit Ride-Hailing And Delivery Apps

Gig workers in the US, Canada and UK plan Valentine's Day strikes demanding fair pay and improved conditions amid declining earnings and rising living costs.

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