Latest News of LYFT
Is Lyft becoming a bigger rival to Uber?
Lyft shares surged 23% after exceeding Q3 revenue expectations. CEO David Richard discusses growth prospects due to high rider and driver activity, emphasizing customer satisfaction and innovative fea...
Why Lyft Stock Was Soaring Today
Lyft's stock rose after strong Q3 results, with record trips and revenue up 32% to $1.52 billion. Active riders increased by 9%, and rides by 16%....
Lyft stock soars as rides reach all-time high, earnings top expectations
Lyft stock surged by 30% due to a successful turnaround plan, leading to record ridership. The company reported 217 million rides, exceeding expectations. Despite recent losses, CEO David Rischer aims...
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Trump's potential Cabinet picks, China market, Lyft: Catalysts
By Yahoo! Finance | 1 day agoCatalysts host Seana Smith discusses market reactions to Trump's potential reelection and the upcoming Federal Reserve meeting. Experts analyze the impact on Big Tech, potential Cabinet members, Chine...
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Riding With Lyft And Uber Isn't A Joy For Disabled People With Service Animals
By Forbes | 1 day agoThe article praises autonomous vehicles like Waymo for providing accessibility to blind and low vision individuals. It highlights the discrimination faced by these individuals in rideshare services an...
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Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more
By CNBC | 1 day agoDutch Bros stock surged 32% on strong Q3 results. Trump Media's shares dropped 20% post-election. Warner Bros. Discovery gained 9.9% with record subscriber growth. Under Armour rallied 33% on Q2 earni...
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Lyft lifts guidance, reports better-than-expected Q3 revenue
By Yahoo! Finance | 1 day agoLyft's stock surged following strong Q3 sales and optimistic Q4 outlook. Despite growth in active riders, it still lags behind Uber. Needham & Company's Bernie McTernan discusses Lyft's competitive st...
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Stocks making the biggest moves premarket: Lyft, SolarEdge, Qualcomm, Moderna and more
By CNBC | 1 day agoLyft, Arm Holdings, Wolfspeed, Take-Two Interactive, and several other companies saw stock movement in premarket trading due to varying financial results. Lyft surged 23%, while Arm Holdings slipped 7...
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Lyft (LYFT) Q3 2024 Earnings Call Transcript
By Yahoo! Finance | 1 day agoLyft aims to double ride volume in Canada, seeing growth in ridership and frequency. Regarding AVs, they maintain an asset-light approach and focus on fleet management rather than maintenance. The foc...
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Stocks to Watch: Qualcomm, Lyft, Zillow Group, Digital Turbines
By MarketWatch | 1 day agoQualcomm, Lyft, and Zillow Group reported strong financial results in their recent quarters, exceeding expectations and seeing increases in revenue and profit. On the other hand, Digital Turbine faced...
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Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
By CNBC | 1 day agoLyft projects strong growth in current-quarter gross bookings, benefiting from increased demand as workers return to offices. The company's strategic initiatives, like Price Lock feature, aim to enhan...
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Stocks making the biggest moves after hours: Qualcomm, HubSpot, Lyft, Bumble and more
By CNBC | 1 day agoQualcomm, Arm Holdings, Wolfspeed, Take-Two Interactive, HubSpot, Lyft, MercadoLibre, Red Robin, SolarEdge, Dutch Bros, Bumble, Match Group, E.l.f Beauty, and Zillow Group made news in extended tradin...
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Lyft stock pops on upbeat Q4 outlook
By Yahoo! Finance | 2 days agoLyft's Q3 revenue exceeded expectations at $1.52 billion, with gross bookings of $4.11 billion. The stock rose in after-hours trading due to strong Q4 outlook: gross bookings projected at $4.28-$4....
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Lyft Stock Leaps Higher On Sales Beat, Strong Q4 Outlook
By Investor's Business Daily | 2 days agoLyft's stock surged after surpassing sales expectations in Q3 and maintaining in-line earnings. The ride-hailing company raised its profit forecast for the year, with increased bookings and improved a...
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Lyft Soars on Strong Earnings Outlook Bolstered by Record Trips
By Yahoo! Finance | 2 days agoLyft Inc. shares rose significantly in after-hours trading following strong earnings guidance, surpassing analysts' estimates. The company's success is attributed to attracting more commuters and inno...