Lyft Inc
Goldman’s advice on playing autonomous vehicles as catalysts approach this year
With the autonomous vehicle (AV) industry poised to grow in coming years, several stocks could be a way to play the trend, according to Goldman Sachs. “Autonomous vehicles have arrived for both rideshare and trucking,” analyst Mark Delaney wrote in a note on Monday. “The key focus for investors is now on the pace at […]
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Venmo adds debit card perks, checkout options in push to catch rival Cash App
Venmo, long known for helping friends split dinner bills and birthday gifts, is jumping into the heart of consumer commerce. The PayPal-owned platform on Wednesday rolled out several updates designed to move beyond peer-to-peer transfers, transforming Venmo into a more robust fintech tool for everyday spending. The changes include upgraded rewards for Venmo Debit Mastercard […]
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Goldman Sachs says buy these five stocks that are set to pop
Goldman Sachs revealed recently several buy-rated stocks that analysts at the investment bank say are set to rise. The Wall Street firm says these companies are resilient and that investors should quickly buy them. CNBC Pro combed through Goldman Sachs research to find five stocks that it says have more upside. They include: Microsoft , […]
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3-Stock Lunch: Palantir, Lyft and Expedia
Will McGough, Prime Capital Financial director of investments, joins ‘Power Lunch’ to discuss stock plays for three stocks. Source
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Stocks making the biggest moves midday: Insulet, Pinterest, Sweetgreen, Lyft, Microchip Technology and more
Check out the companies making headlines in midday trading: Insulet — The medical device stock surged more than 19% after first-quarter results beat estimates on the top and bottom lines. Insulet reported adjusted earnings of $1.02 per share on $569.0 million of revenue. Analysts surveyed by FactSet were looking for 79 cents per share and […]
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Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025. Kylie Cooper | Reuters Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. During an interview with CNBC’s “Squawk Box,” CEO David Risher said that Lyft isn’t seeing “anything […]
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Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more
Check out the companies making headlines before the bell. Coinbase — The cryptocurrency exchange slipped 2% following disappointing top-line results for the first quarter . Coinbase reported revenue of $2.03 billion, while analysts polled by LSEG were expecting $2.12 billion. Earnings fell to 24 cents per share from $4.40 per share a year ago. Expedia […]
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Lyft shares rise as company ups buyback to $750 million
Lyft shares jumped 5% after the company boosted its share buyback plan to $750 million in its first quarter earnings report. Shares were as high as 10% post-earnings. Here’s how the ridesharing company did: Earnings: 1 cent per share Revenue: $1.45 billion vs. $1.47 billion estimate from LSEG Revenues grew 14% from a year ago […]
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Uber inks robotaxi deal with Momenta to launch service in Europe next year
A passenger walks near Uber signage after arriving at Los Angeles International Airport in Los Angeles, California, on July 10, 2022. David Swanson | Reuters Uber said on Friday that it’s partnering with Chinese self-driving startup Momenta to launch robotaxi services outside of the U.S. and China. The first deployment is scheduled to roll out […]
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Lyft to buy taxi app Free Now for $200 million to expand into Europe
Lyft logo is seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters U.S. ride-hailing firm Lyft on Wednesday announced that it’s buying European taxi app Free Now in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft’s first in Europe — is expected to close in […]
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