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Zacks News
Pot Stocks Take Markets Higher; Plus Beats for Cisco, Twitter, Lyft
by Mark Vickery
With Tilray (TLRY) +44% and Canopy (CGC) +12% on the day, the Nasdaq and Russell 2000 managed to climb to fresh all-time highs Tuesday.
Internet Stocks' Feb 9 Q4 Earnings Roster: TWTR, AKAM & More
by Radhika Pujara
Here is a sneak peek on how four notable Internet stocks, TWTR, AKAM, CDAY and LYFT, are poised ahead of their upcoming Q4 results scheduled for Feb 9.
Lyft (LYFT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
by Zacks Equity Research
Lyft (LYFT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
UBER Lays Off 185 Postmates Workers After Acquiring the Latter
by Zacks Equity Research
UBER lays off workers from its Postmates division as part of the integration of Uber Eats and Postmates.
5 Top Performers of an IPO-Packed 2020
by Ritujay Ghosh
It has been a terrific year for IPOs despite the pandemic rattling the global economy. However, it was primarily a tech show with two of the biggest IPOs taking place in consecutive days when Airbnb (ABNB) and DoorDash (DASH) made their stock exchange debut in early December.
Make Your Yuletide Splurge Profitable With These Auto Stocks
by Rimmi Singhi
Large-cap auto companies including GM, CMI, LKQ and FCAU with strong balance sheet and upbeat prospects are worth placing your bets on for a rewarding portfolio.
UBER Raises Prices in California to Pay for Worker Benefits
by Zacks Equity Research
UBER raises prices for rides and deliveries in California to cover the costs of new worker benefits which the company is required to provide as part of Proposition 22.
Lyft (LYFT) Up 30.5% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Lyft (LYFT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
New Strong Sell Stocks for December 10th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
Top Analyst Reports for Broadcom, Infosys & Blackstone
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Infosys Limited (INFY) and The Blackstone Group Inc. (BX).
Lyft (LYFT) November Rides Drop 50% Amid Coronavirus Case Spike
by Zacks Equity Research
With 50% fall in November rides, LYFT expects a sequential rise in Q4 revenues at the lower end of its previously guided range.
3 Stocks Continuing to Shine in the Overvalued Internet Services Industry
by Sejuti Banerjea
Estimates are moving up across the Internet - Services industry but prices are moving up faster. The valuation makes it difficult to buy shares in this industry.
Calix, Lyft, Crocs, Tempur Sealy and Brown & Brown highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Calix, Lyft, Crocs, Tempur Sealy and Brown & Brown highlighted as Zacks Bull and Bear of the Day
Bear Of The Day: Lyft (LYFT)
by Daniel Laboe
I am choosing Uber over Lyft in the ridesharing spread
Stock Market News for Nov 11, 2020
by Zacks Equity Research
Wall Street had a mixed day on Tuesday with investor rushing to sell of tech stocks that had had dream run during the virus-induced lockdown, while they put money on sectors that took a beating during the pandemic.
Lyft (LYFT) Shares Gain Despite Wider-Than-Expected Q3 Loss
by Zacks Equity Research
While LYFT's Q3 results reflect significant impact of coronavirus on a year-over-year basis, it indicates a strong rebound on a sequential basis.
Ridesharing In The New Normal
by Daniel Laboe
The ridesharing duopoly (Lyft & Uber) is on a sugar rush with 3 momentum driving events trigging a massive rally in this space over the past week
Lyft (LYFT) Reports Q3 Loss, Tops Revenue Estimates
by Zacks Equity Research
Lyft (LYFT) delivered earnings and revenue surprises of -1.12% and 0.47%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Ideas feature highlights: Uber, Lyft, Upwork, GoDaddy and Fiverr
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Uber, Lyft, Upwork, GoDaddy and Fiverr
Uber's (UBER) Q3 Loss Wider Than Expected, Shares Decline
by Zacks Equity Research
Weakness in the mobility business due to coronavirus concerns hurt UBER's Q3 results.
Election Win For The Gig Economy: Stocks To Watch
by Daniel Laboe
California's Prop 22 win sends positive ripples across the U.S.'s 'gig economy'
Post-Election Rally Welcomes Capitol Gridlock
by Mark Vickery
Take a gander at the nearly 4% gain on the Nasdaq -- don't plan on a government bust-up of FAANG stocks any time in the future.
Will Coronavirus-Led Rides Weakness Mar Lyft (LYFT) Q3 Earnings?
by Zacks Equity Research
LYFT's Q3 performance is expected to have been hurt by low ride volumes amid ongoing coronavirus concerns. However, cost-reduction efforts are anticipated to have aided performance.
Earnings Preview: Lyft (LYFT) Q3 Earnings Expected to Decline
by Zacks Equity Research
Lyft (LYFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stocks Slide on Covid-19 and Election Concerns
by David Borun
New outbreaks in the US and abroad and a tense run-up to the elections send nervous investors to the sidelines.