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Zacks News
Lyft (LYFT) Reports Q2 Loss, Tops Revenue Estimates
by Zacks Equity Research
Lyft (LYFT) delivered earnings and revenue surprises of 45.57% and 3.45%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Uber Hit by California Judge Ruling on Drivers' Employee Status
by Zacks Equity Research
A California judge issued a preliminary injunction that Uber (UBER) must re-classify drivers as employees. With the company already under pressure due to coronavirus woes, this is an added burden.
3 Tech Stocks to Consider Before Earnings: Lyft, Cisco & AMAT
by Benjamin Rains
What might be next for Lyft, Cisco, and Applied Materials heading into earnings to help investors decide what to do with the stocks...
Apple, Planet Fitness, Uber, Lyft and Grubhub highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Apple, Planet Fitness, Uber, Lyft and Grubhub highlighted as Zacks Bull and Bear of the Day
Uber (UBER) Q2 Loss Wider Than Expected, Revenues Drop 29%
by Zacks Equity Research
Uber's (UBER) Q2 results reflect significant weakness in its ride-hailing segment, thanks to coronavirus confining people to their homes.
Uber Opportunity After Earnings
by Daniel Laboe
The ridesharing duopoly got demolished this past quarter, but is the future bright?
How Damaging is Coronavirus for Lyft's (LYFT) Q2 Earnings?
by Zacks Equity Research
With coronavirus restricting people to their homes, weakness in ride volumes is expected to have weighed on Lyft's (LYFT) Q2 performance.
Buy Uber Stock on the Dip Before Q2 Earnings Because the Worst is Over?
by Benjamin Rains
The ride-hailing firm has been hammered by the coronavirus, yet investors might want to take a closer look at Uber before it reports its second quarter financial results after the market closes on Thursday, August 6...
Earnings Preview: Lyft (LYFT) Q2 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.
How Promising is Amazon's Move to Autonomous Ride Hailing?
by Manaswita Ghosh Dutta
While the ecommerce giant's motive behind acquiring Zoox was seen as a step toward automating its delivery service, Amazon has a very different agenda in mind.
Tension Builds Up for Uber Over California's Gig Worker Law
by Zacks Equity Research
Uber (UBER) might be forced to pay for worker benefits and other protections, in case a preliminary injunction is ordered by a California state judge.
Support Levels & Tech Stocks To Watch As The Market Rally Comes To An End
by Daniel Laboe
Technical support levels to watch as the market breaks and entry points for some of my favorite tech stocks
Lyft Benefits From Increase in Ride Volumes amid Pandemic
by Zacks Equity Research
With relaxation on travel restrictions, Lyft (LYFT) is witnessing week-over- week improvement in ride volumes.
Lyft (LYFT) to Transform to 100% Electric Vehicles by 2030
by Zacks Equity Research
With a goal to reduce greenhouse gas emissions, Lyft (LYFT) plans to switch 100% of its fleet to electric in a decade's time.
Uber Fails in Its Quest to Acquire Grubhub, Shares Drop
by Zacks Equity Research
Uber's (UBER) Grubhub deal falls prey to antitrust scrutiny. The company loses the deal to Just Eat Takeaway.com.
Uber (UBER) Rides Business Down 70%, Better Than April Drop
by Zacks Equity Research
Uber's (UBER) rides business, down 70%, is showing week-over-week improvement amid easing coronavirus-led restrictions.
Lyft (LYFT) Up 13.5% 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.
Company News for June 4, 2020
by Zacks Equity Research
Companies in the news are: LYFT, AEG, CAKE, HUGE
Stock Market News for June 3, 2020
by Zacks Equity Research
Benchmarks closed higher on Tuesday as investors looked past civil unrest across major cities and focused on easing of coronavirus-led lockdown and signs of economic recovery.
Lyft Improves Q2 View on 26% Rise in May Rides, Stock Up
by Zacks Equity Research
Lyft's (LYFT) ride volumes increase 26% in May from April. Based on this uptrend, the company improves second-quarter adjusted loss view.
Buy Surging Coronavirus Stay-at-Home Stock Slack (WORK) Before Earnings?
by Benjamin Rains
Slack shares have surged over 65% in 2020, against its industry's 5% decline. WORK stock jumped another 6% Monday. This means that investors might expect the coronavirus standout's Q1 financial results to impress....
Uber Stock Up on Further Layoffs & Non-Core Business Closure
by Zacks Equity Research
Uber announces a second round of layoffs to cut back expenses amid coronavirus concerns. Additionally, it plans to shut down non-core business operations.
The Zacks Analyst Blog Highlights: Tesla, Uber, Lyft and General Motors
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Uber, Lyft and General Motors
Tesla Racing to Give Gasoline Cars a Run for Their Money
by Sejuti Banerjea
Tesla's Shanghai factory has started production of its long range model 3 that it plans to sell for 344,050 yuan (only producers using Chinese batteries will be eligible for subsidies on low-cost EVs after June).
Lyft's (LYFT) Q1 Loss Narrower Than Expected, Revenues Beat
by Zacks Equity Research
Despite the coronavirus impact, Lyft's (LYFT) top line grew 23% in Q1 on arise in Active Riders and Revenue per Active Rider.