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Bulls And Bears Of The Week: Beyond Meat, eBay, GE, Uber And More
Saturday, September 7, 2019 - 3:16pm | 847Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included what may be a couple of surprises this past week. Bearish calls included a few recent IPOs and an industrial stock. The big U.S. indexes ended the first week of September up about 2.5...
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Lyft Sees Record Revenue And Raises Its Outlook
Thursday, August 8, 2019 - 10:18am | 536Read More...Ride-hailing company Lyft Inc (NYSE: LYFT) reported second quarter 2019 financial results much better than analysts' expectations. The company also increased its outlook for the third quarter and full-year 2019. Lyft reported revenue of $867 million, 72 percent higher year-over-year as active...
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Stable Tone Prevails After Monday Rout As Disney Earnings Loom After Close
Tuesday, August 6, 2019 - 9:54am | 1930Read More...Stabilization is the word of the day. The Chinese currency stabilized overnight, and so did stocks around the world. That doesn’t mean we’re out of the woods. A trade deal with China is probably just as far away as it was yesterday, and it’s unclear what the next step is going to...
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Barron's Picks And Pans: AbbVie, Crocs, RealReal, Roku And More
Sunday, June 30, 2019 - 10:00am | 753Read More...This weekend's Barron's cover story takes a look at whether the hot IPO market is a bubble. Other featured articles review Dividend Aristocrats on a roll and offer the results from a survey of tech CIOs. Also, the prospects for a pharmaceutical merger, a best-in-class cruise line operator...
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Evercore Along For Bullish Ride With Uber, Lyft
Thursday, June 13, 2019 - 4:11pm | 532Read More...The ride-hailing industry is on a path to profitability sooner than some may think, with a huge untapped market left to capture, Evercore ISI said Thursday. The firm started coverage of the industry with bullish takes on the two main players: Uber Technologies Inc (NYSE: UBER) and LYFT...
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Today's Pick-Up: Uber/Lyft Feeding At Mass Transit Trough; USPS Between A Rock And A Hard Place
Monday, June 3, 2019 - 11:39am | 735Read More...Good day, Looking to justify their valuations, Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) are exploring the disintermediation of global public transportation, which supported 4.4 trillion miles travelled in 2017. In documents filed with the Securities and Exchange Commission,...
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Lyft And Uber Borrow From Taxi Model To Reduce Congestion At Portland Airport
Friday, May 31, 2019 - 5:03pm | 696Read More...Hailing an Uber Technologies (NYSE: UBER) or LYFT Inc (NASDAQ: LYFT) at the Portland International Airport can be a huge headache, with ride-hailing services making 400 pickups an hour during peak travel times. Travelers have to navigate a crowded and chaotic scene and can wait up to 30 minutes...
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Do Lyft And Uber IPOs Signal Stretched Mobility Tech Valuations?
Tuesday, May 14, 2019 - 6:04pm | 913Read More...Two of the most-anticipated initial public offerings (IPOs) of the year have not gone exactly as planned, but what does that mean for other marketplace-style startups in the freight and mobility tech space? Ride-hailing companies Lyft Inc (NASDAQ: LYFT) and Uber Technologies Inc (NYSE:...
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Why You Should Be Rooting For Startups Like Uber
Tuesday, May 14, 2019 - 10:18am | 1444Read More...FreightWaves is providing a forum – Market Voices – for a number of market experts. Disclaimer: The author is not an investor in Uber Technologies Inc (NYSE: UBER), or any of its competitors. Steve Case's Rise of the Rest® is an investor in FreightWaves. On May 9 – just...
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Uber, Lyft 'Biggest Contributors' To Traffic Congestion In San Francisco, Data Science Study Shows
Monday, May 13, 2019 - 4:23pm | 1253Read More...Highlighting another challenge for Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) amid the two companies' lackluster initial public offerings of stock, a study that scraped data from the application programming interface (API) for both ride-hailing outfits found they...
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Trade War Heats Up As China Retaliates With Raised Tariffs Of Its Own
Monday, May 13, 2019 - 10:08am | 1504Read More...The other shoe has dropped. As was feared, China has retaliated, raising the stakes in a trade war that has raised concerns about the future of global economic growth. The Asian nation announced increased tariffs on $60 billion of goods from the United States after the U.S. raised tariffs to 25%...
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Is Driver Strike Ahead Of Uber's IPO A Sign Of Things To Come?
Thursday, May 9, 2019 - 11:12am | 659Read More...A strike by ride-hailing drivers two days ahead of Friday's unveiling of the most anticipated IPO in recent memory is just one sign of trouble ahead for Uber. It could also lead investors to conduct their own strike on ride-hailing stocks. "I don’t think it portends well for either...
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Lyft Eyes Broader Stake In Consumer Transportation Market
Wednesday, May 8, 2019 - 3:01pm | 615Read More...The partnership between ride-sharing company Lyft Inc (NYSE: LYFT) and Google-affiliated, self-driving car technology company Waymo is just one initiative in Lyft's strategy to stake a claim in the emerging market for on-demand consumer transportation services, company officials said on...
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Lyft's Net Loss Widens In The First Quarter
Tuesday, May 7, 2019 - 6:12pm | 647Read More...Ride-hailing company Lyft Inc (NYSE: LYFT) reported a first quarter 2019 net loss of $1.14 billion, or a net loss of $48.53 per share, the company said on May 7. In comparison, Lyft said it had a net loss of $234.3 million, or a net loss of $11.69 per share, in the first quarter of 2018....
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Uber, Lyft Drivers Plan Strikes In 10 Cities To Protest Low Wages And Working Conditions
Tuesday, May 7, 2019 - 6:11pm | 1025Read More...Uber and Lyft Inc (NASDAQ: LYFT) drivers are planning to strike on May 8 at 10 locations in the U.S. to protest low wages among other concerns. Organizer Rideshare Drivers United is planning a "National Day of Action" and has been joined in its efforts by the New York Taxi Workers...
















