Lyft shares sink as tough competition takes a toll on bookings forecast
Lyft shares slumped 12.5% in premarket trading on Wednesday after the company forecast weak gross bookings for the first ...
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Lyft to make self-driving robotaxis available in Dallas as soon as 2026
Lyft plans to add Mobileye-powered self-driving robotaxis to its ride hailing app starting in Dallas as early as next year.
Uber After Bill Ackman's $2Bn Stake: Autonomous Vehicles Drive Further Upside
Bill Ackman’s Pershing Square invests in Uber, citing undervaluation and growth potential. Read what makes UBER stock an ...
Biden’s FTC launched last-minute Uber, Lyft probe over alleged collusion in stiffing NYC drivers
The FTC inquiry was launched on the same day that Lina Khan announced she was stepping down as chair of the agency.
Lyft Q4 Earnings Preview: Streak Of Revenue, EPS Beats On The Line After Rival Uber's Strong Fourth Quarter
Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.
Why Uber and Lyft will no longer be part of this popular NJ Transit program
Rider's Choice, a program that allowed Uber and Lyft to provide some NJ Transit Access Link riders, will be transitioning to ...
Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas
Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, ...
Lyft: Mobileye Partnership Could Shift The Competitive Landscape
Lyft's Q4 earnings were solid, with the company generating strong growth. The guidance was fairly soft, though. Read why I ...
Lyft says rides have gotten cheaper. Here’s why investors are selling.
Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...
Some Uber, Lyft drivers say pay has declined since new minimum wage enacted
It’s not that these drivers are making below the new minimum, it’s that it has become much harder to make more, local drivers ...
Can Lyft give Uber a ride for its money?
Q4 results demonstrated its effective cost discipline, pricing dynamics, and consistent rider growth, along with a successful partnership with DoorDash (DASH) which contributed to the company’s 8th ...