California Court of Appeal Signs Off on Uber and Lyft to Tag Drivers as Contractors

The verdict has helped bolster the recovery of both Uber and Lyft stocks in the pre-market today. The Californian Court of Appeals has overturned a lower court’s decision that sought to classify drive...

FRC, WAL, UBER, LYFT and more

A traveler walks toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.  Mario Tama | Getty Images Check out the compa...

UBER Stock Rises; LYFT Stock Lays as Gigs Win Case in Calif Court

Uber stock rises as the California court ruling favors ride-sharing apps. Lyft stock continues to fall and loses 2.87% intraday. The California court overturned a previous ruling, allowing Prop.22 to ...

Uber And Lyft Can Treat Drivers As Independent Contractors, California Court Rule

Topline Companies like Uber and Lyft can continue to treat their California-based drivers as independent contractors, a state appeals court ruled on Monday, mostly upholding a ballot measure called Pr...

George Soros Snapped Up Tesla, Peloton, Crypto Stocks. Dumped Zoom and Twitter.

Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter  Sor...

Lyft Stock Plunges As Earnings Fall Short

Lyft (LYFT) got pounded Friday as 19 equity analysts either cut their price targets or lowered ratings after the company reported fourth-quarter results that fell below expectations and offered a firs...

Lyft stock crashed 36%,Analyst downgraded the future outlook

NASDAQ: LYFT stock price collapsed after the disappointed Q4 results Lyft stock price down by 40% on the weekly basis and formed a giant bearish candle Lyft stock price closed the friday session near ...

Lyft stock free falls more than 35% — here’s why

Lyft (LYFT) stock fell by more than 36% on Friday after the company’s Q4 earnings disappointed investors. The ride-hailing company missed its Q1 2023 guidance, despite signs of recovery in the r...

Lyft stock is in free fall – Here’s why

Lyft (LYFT) stock is down by about 35% today after the company’s Q4 earnings disappointed investors. The ride-hailing company missed its Q1 2023 guidance, despite signs of recovery in the ridesh...

Dow Jones Falls On Hot Inflation Survey Data; Lyft Crashes 35% On Earnings Miss

The Dow Jones Industrial Average traded at session lows Friday morning after preliminary inflation expectations from the University of Michigan. Ride-hailing company Lyft (LYFT) crashed 35% on weak fo...

Stocks moving big midday: LYFT, SPOT, EXPE, YELP

Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines in midday trading. Lyft — The ridesharing stock cratered 36% after issuing disappointing guidance for its first quart...

Lyft stock melts down after earnings ‘debacle for the ages’

Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...

Lyft Losing War With Uber? Stock Heading Toward Worst Day Ever

Topline Lyft shares cratered Friday as the company’s earnings fell far short of expectations, leading several analysts to declare its war against long-time ridesharing nemesis Uber all but over. Uber ...

Lyft, Expedia, Yelp and more

The Lyft Driver Hub is seen in Los Angeles, California. Lucy Nicholson | Reuters Check out the companies making the biggest moves in premarket trading: Lyft — The ride-sharing company cratered 31.5% a...

Lyft stock sinks 30% after sales outlook falls short of $1 billion

Lyft Inc. posted record revenue for a second consecutive quarter Thursday, but the company’s worse-than-expected forecast tanked its stock in extended trading. Lyft LYFT, -3.16% expects first-quarter ...

Stocks moving in after-hours: Lyft, Expedia, PayPal

Lyft (LYFT) Lyft sees first quarter revenue at about $975 million. That forecast came in below the average analyst estimate of $1.09 billion. The ride hailing company’s fourth quarter top line g...

Lyft stock tanks 30% on weak guidance: buy on the sell-off?

Shares of Lyft Inc (NASDAQ: LYFT) crashed over 30% in extended trading on Thursday after the ride-hailing company cited “seasonality” and issued weak guidance for its current financial quarter. Is it ...

Stocks moving big after hours: LYFT, EXPE, PYPL, YELP

A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and ...

LYFT Stock Price Prediction: Is LYFT Stock Price Going To Lift Off For $30?

Wall street is expecting a strong growth in the revenue of LYFT in the upcoming quarterly result LYFT stock price is currently in an upside momentum. It is trading near the value of $18 with a gain of...

Lyft, 3M, Lululemon and more

A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Check out the companies making headlines in midday trad...

3M, Lyft, Verizon, Lululemon, and More Stock Market Movers

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Tech’s Bill Is Coming Due. Investors Aren’t the Only Ones Who Will Pay.

For two years now, tech companies have spent massive amounts of money building the capacity to serve what they believed would be a higher level of postpandemic demand. If you build it, they will come....

Lyft Makes Morningstar’s List of Cheapest Stocks

With the S&P 500 having dropped 19% year to date, you might be thinking now is the time to pick up some bargain stocks. If so, perhaps have a look at this list from Morningstar. About half the sto...

Lyft Earnings Call Results — Why The Stock Sank After Delivering Good News

| Getty Images Key Takeaways Lyft’s stock price dropped despite announcing record revenue as investors continue to sell off companies that even slightly miss earnings. Lyft has announced that it will ...

Spotlight on layoffs: Cuts at Amazon, Cisco, Roku, Meta, Twitter, Intel and more

From HP, Amazon, Roku and Beyond Meat to Meta and Twitter, big names across a number of sectors have announced major layoffs in October and November. Alphabet Inc. GOOGL, +1.45% GOOG, +1.53% is consid...

Investors may be whistling past the graveyard of a recession with latest rally in stocks

Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk a...

A Rundown Of All The Tech Layoffs—And What That Means for Tech Investors

AFP via Getty Images Key takeaways In recent months, dozens of companies have laid off a substantial number of employees to cut costs Since November 1, big names like Stripe, Twitter, Salesforce and M...

Lyft, Tripadvisor, Take-Two Interactive and more

Check out the companies making headlines in midday trading. Lyft — Shares of Lyft plummeted 21% after the company’s earnings report showed mixed results in the last quarter. The rideshare compan...

Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway

It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that later. The company lost $2...

Take-Two Interactive, Lyft, TripAdvisor and more

Take a look at some of the biggest movers in the premarket: Take-Two Interactive (TTWO) – Take-Two tanked 17.4% in the premarket after the videogame publisher cut its bookings outlook for the year. Ta...

Lyft, Blizzard, Take-Two and more

Lyft (LYFT): Lyft shares fell more than 8% in extended trading after the ride-hailing giant’s active riders for the third quarter missed estimates. Active riders totaled 20.31 million, short of the st...

Lyft, Take-Two, Tripadvisor and more

A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and ...