Lyft Inc
Uber, Lyft and more: Goldman says buy these stocks to cash in on a $25 trillion opportunity
Goldman Sachs has picked a slew of buy-rated stocks that it says are currently “underappreciated” by the market, predicting that they will benefit from new business models that could be worth $25 trillion by 2050. Goldman’s picks include ride-hailing services Uber and Lyft , as well as sportswear firms Nike and Adidas and several waste […]
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Nasdaq records first five-week losing streak since 2012
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 19, 2020 at Wall Street in New York City. – US stocks open mixed, Dow -0.4%, Nasdaq +0.1% (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) JOHANNES EISELE | AFP | Getty Images The Nasdaq Composite fell […]
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Tech companies racked up over $17 billion in losses on equity investments in the first quarter
An electric Amazon delivery van from Rivian cruises down the street with the Hollywood sign in the background. Amazon The tech sell-off of 2022 accelerated in the past couple weeks, with first-quarter earnings reports highlighting challenges like inflation, supply chain shortages and the war in Ukraine. For some tech leaders, the market swoon has created […]
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An original Uber, Lyft competitor still trying to build a new rideshare model
Logo for Getaround peer-to-peer car sharing service on the side of a car in the Silicon Valley town of Mountain View, California, August 24, 2016. Smith Collection/Gado | Archive Photos | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. After a […]
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Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to attract more drivers, […]
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Lyft’s John Zimmer on earnings: Q2 is an opportunity to kick start growth
John Zimmer, president and co-founder of Lyft, joins CNBC’s ‘Squawk Box’ to break down the ride-hailing company’s latest quarterly earnings report, which sent shares of the company lower in premarket trading. Source
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Lyft shares drop 30% on disappointing guidance
Lyft President John Zimmer (R) and CEO Logan Green speak as Lyft lists on the Nasdaq at an IPO event in Los Angeles March 29, 2019. Mike Blake | Reuters Lyft shares plunged 30% Wednesday as investors expect short-term headwinds to weigh on the company. Lyft reported better-than-expected results on both the top and bottom […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise ahead of Fed decision, after weaker ADP data Traders on the floor of the NYSE, May 3, 2022. Source: NYSE U.S. stock futures pointed to a higher open Wednesday ahead of the […]
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Stocks making the biggest moves premarket: Uber, Brinker, Generac and more
Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries also continued to grow. Brinker International (EAT) – The parent of Chili’s and other restaurant […]
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Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber on Wednesday reported surging revenue during the first quarter as the rideshare company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to […]
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