Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...

Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...

A Tesla investor, Gary Black, expresses skepticism about the profitability of Tesla's upcoming FSD-based ride-hailing service ...

Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...

Uber's strong momentum suggests a 'buy-on-weakness' approach. Read more on UBER stock's mixed Q1 results, AV progress, and ...

Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active riders grew 11% to 24.2 million, and rides surged 16% to 218.4 million, marking ...

Uber burned $445 million in cash from operations in 2021. Since then, the firm has impressively transitioned to profitability, generating $642 million, $3.6 billion, and $7.1 billion in cash from ...

Uber Technologies' earnings miss is a short-term setback, and the stock trading down is a window to buy at a discount. Click ...

Lyft’s results stand in contrast to Uber’s earnings report on Wednesday. Uber posted slower-than-expected gross bookings growth of 14% in the first quarter, citing a decline in US inbound travel. That ...

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 ...

SOUTH BURLINGTON, Vt. (WCAX) - Travelers out of the Burlington International Airport are running into rideshare delays. Travelers say they’ve sometimes had to wait over an hour or their ride never ...