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Zacks News
Uber Stock Jumps 11.5% on Bullish Q3 Outlook
by Madeleine Johnson
Shares of rideshare giant Uber Technologies (UBER) rallied on Tuesday after the company updated its third-quarter outlook.
Why Is Lyft (LYFT) Down 2.3% Since Last Earnings Report?
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.
UBER Announces Industry-Wide Benefits Fund for Canada Workers
by Zacks Equity Research
UBER's proposed flexible benefits fund can be used by workers for health care and dental benefits, life insurance, retirement contributions, as well as educational expenditures.
Powell Gives The Market What They Want
by Daniel Laboe
Jerome Powell's sweet words of "substantial further progress" in inflation and "clear further progress" in the jobs market fueled another push higher
DiDi Global (DIDI) Reportedly Terminates Plan of UK Launch
by Zacks Equity Research
The DiDi Global (DIDI) stock performs unimpressively on the NYSE due to pressures related to the Chinese crackdown pertaining to issues on data security.
UBER Gains Despite Court Ruling Prop 22 as Unconstitutional
by Zacks Equity Research
The California court declaring the November 2020 ballot initiative as unconstitutional is a major threat to UBER's business model of classifying drivers as independent contractors.
Climbing A Wall Of Worry
by Daniel Laboe
Resilient is the best way to describe the stock market this past week, with the S&P 500 finishing the week at its 44th record close of 2021.
LYFT's Q2 Loss Narrower Than Expected, Revenues Surge Y/Y
by Zacks Equity Research
LYFT's Q2 results benefit from significant rise in Active Riders due to rebounding ride volumes. The company reaps adjusted EBITDA profits ahead of its target of achieving the same in Q3 2021.
Lyft (LYFT) Reports Q2 Loss, Tops Revenue Estimates
by Zacks Equity Research
Lyft (LYFT) delivered earnings and revenue surprises of 73.91% and 9.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Lyft (LYFT) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
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.
UBER Partners With TotalEnergies to Drive Transition to EVs
by Zacks Equity Research
UBER's partnership with TotalEnergies to aid the transition of its drivers to electric mobility is a step toward the former's commitment to reach 50% electric vehicles by 2025 in France.
Online Grocery Delivery Demand to Prevail: 4 Stocks to Watch
by Rashmi Jaiswal
To capitalize on flourishing online demand for grocery, companies are steadily bolstering their delivery capabilities to offer a convenient shopping experience.
LYFT to Launch EV Ride-Hailing Pilot Program in California
by Zacks Equity Research
LYFT's EV ride-hailing pilot program, set to launch in California this fall, is a step toward its goal of switching entirely to EVs by 2030.
Lyft (LYFT) Up 11.1% 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.
ASML Holding, Twilio, Uber and Lyft highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
ASML Holding, Twilio, Uber and Lyft highlighted as Zacks Bull and Bear of the Day
UBER Offers Free Coronavirus Vaccination Rides Through Jul 4
by Zacks Equity Research
UBER launches free rides for coronavirus vaccination in partnership with the White House to support U.S. President Joe Biden's goal of getting 70% of the U.S. adult population vaccinated by Jul 4.
What To Do With Uber Shares After Its Over 20% Plunge
by Daniel Laboe
The Biden administration and newly appointed Secretary of Labor, Marty Walsh, are trying to rid the US of the new gig economy that has provided millions of US workers with the flexibility to make money on their time.
Uber-Lyft ETFs Caught Between Earnings Gain & Likely Labor Rule
by Sanghamitra Saha
Shares of Lyft (LYFT) and Uber (UBER) have been falling in recent trading on a likely changes in the labor rule though both companies have delivered decent results in the ongoing earnings reporting season.
LYFT Gains on Narrower-Than-Expected Q1 Loss & Revenue Beat
by Zacks Equity Research
LYFT's Q1 results reflect year-over-year weakness despite showing sequential improvement owing to continued recovery in rideshare rides.
Lyft (LYFT) Reports Q1 Loss, Tops Revenue Estimates
by Zacks Equity Research
Lyft (LYFT) delivered earnings and revenue surprises of 33.33% and 9.36%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Mastercard (MA) Ties Up to Ease Cardholders' Daily Expenses
by Zacks Equity Research
Mastercard (MA) unveils new and extended collaborations for offering advanced digital offerings and generate greater savings for World and World Elite cardholders.
4 Stocks with Promise in the Recovering Internet Services Industry
by Sejuti Banerjea
Estimates are moving up across the extremely diverse Internet - Services industry leading to a growing number of opportunities in the space.
Delta (DAL) Aims to Boost Iceland Base With Multiple Routes
by Zacks Equity Research
Delta (DAL) intends to initiate daily flights on the Boston-Keflavik route come May 20.
LYFT Witnesses Year-Over-Year Increase in Daily Ride Volumes
by Zacks Equity Research
LYFT, which continues to recover from the coronavirus-induced slump, witnesses year-over-year growth in daily rideshare ride volume on Mar 17, for the first time in a year.
Lyft (LYFT) Surges 8.2%: Is This an Indication of Further Gains?
by Zacks Equity Research
Lyft (LYFT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.