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The Latest Breaking News from Lyft

Stock Market Today: Dow Brings Daily Win Streak to Six

The 30-stock index is on its longest winning streak of the year.

Stocks Recover Early Losses on Strong Corporate Earnings

Stocks Recover Early Losses on Strong Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning recovered from early losses and are slightly higher...

Stocks Weaken on Higher Bond Yields and Negative Corporate News

Stocks Weaken on Higher Bond Yields and Negative Corporate News

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. US stock indexes this morning are being pressured by higher T-note yields and...

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7 biggest app annoyances — here’s what drives us up a wall with mobile apps

As much as we like using mobile apps on our iPhones and Android devices, we run into a few irritations along the way. Here's what annoys the Tom's Guide staff about apps these days.

'Tesla Left Some Really Good Sites On The Table': How Revel Aims To Fill A Charging Vacuum

The CEO of fast-growing rideshare (and charging) company Revel says Tesla's loss could soon be their gain.

Massachusetts Court Battle Over Gig Workers' Status

Legal battle in Massachusetts over gig workers' classification for Uber and Lyft could reshape the gig economy landscape.

Lyft Driver Allegedly Raped And Kidnapped By Passenger In Georgia

Man arrested in Georgia for raping and kidnapping a Lyft driver, sparking safety concerns in ride-sharing services. Lyft condemns the actions as reprehensible.

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New Federal Rules for Independent Contractors Will Destroy Freelancers' Livelihoods

A similar law in California had disastrous consequences.

Minneapolis Faces Debate Over Uber And Lyft Operations

Minneapolis Faces Debate Over Uber And Lyft Operations

Minneapolis ordinance mandating higher pay for ride-hailing drivers sparks debate and potential service disruptions by Uber and Lyft.

‘She’s done it again’: fans celebrate release of Beyoncé’s album Cowboy Carter

‘She’s done it again’: fans celebrate release of Beyoncé’s album Cowboy Carter

Celebrities from Anita Baker to Hailey Bieber – and even a politician – posted on social media, and Uber and Lyft offered deals

The Guardian - US

Lyft Put Options Have High Premiums - Good for OTM Short Sellers as an Income Play

Lyft Put Options Have High Premiums - Good for OTM Short Sellers as an Income Play

Lyft stock keeps rising, which has also elevated its put options. This has been a boon for short sellers of out-of-the-money puts. Lyft's forecast of positive FCF could be positive for Lyft put short sellers.

Lyft Hires Nielsen To Measure Audience For In-App Ads

Lyft Hires Nielsen To Measure Audience For In-App Ads

Campaigns to be gauged with Nielsen One Ads, Brand Impact and Buyer Lift

Broadcasting & Cable

Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up

Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up

Groups of drivers backed a bill setting minimum pay, but the two tech companies say it’d make riders’ fees unsustainable

The Guardian - US

Uber and Lyft threaten to halt operations in Minneapolis over minimum wage law

Uber and Lyft threaten to halt operations in Minneapolis over minimum wage law

After a minimum wage law gets passed for a second time in the Twin Cities, the ride-hail companies vow to put up a fight.

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International Business Times

Uber and Lyft Cease Minneapolis Operations Amid Wage Dispute

Uber and Lyft will halt services in Minneapolis by May 1 after the city council overrides the mayor's veto on a minimum wage ordinance for rideshare drivers.

International Business Times

Reddit Is A Great Company, But Is It A Great Investment?

Reddit, which will soon launch an Initial Public Offering (IPO), is a great company but may not be a sound investment.

Unusual Activity in Lyft Put Options Highlights Its Underlying Value

LYFT put options today are showing large unusual activity. Lyft recently said it expects a positive FCF in 2024. This highlights the underlying value of LYFT stock. This put activity may be a short-put income play.

Stocks Fall Back Ahead of Fed Chair Powell and Feb Payroll Report

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Stock indexes this morning are moderately lower as they consolidate last Friday’s gains...

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International Business Times

Uber Is Winning Over Lyft, But The Game Is Not Over

Uber and Lyft are in the right market at the right time. The market is ride-hailing, which has been changing riders' lives worldwide.

Lyft Makes Positive Free Cash Flow and Expects This for 2024 - Could Lift LYFT Stock 25% Higher

Lyft generated a positive $14.9 million in free cash flow in Q4 2023 and the ride-share company said it expects positive FCF in 2024. That could push LYFT stock 25% higher and is good for short-put investors.

New York Is The First U.S. City With 10,000 Electric Uber, Lyft And Rideshare Cars

New York City's Taxi and Limousine Commission rules require Uber and Lyft to go all-electric by 2030.

Global Stocks Rise as Wall Street Recovers, Oil Prices Decline

Shares rise in Europe and Asia as Wall Street bounces back. Japan and UK report economic contractions. Tokyo's Nikkei 225 closes at highest level in 34 years.

Lyft Forecast Blunder Stirs Concern, Triggers Scrutiny

Discover how a Lyft forecast error has caused a stir in the trading world, possibly attracting regulatory scrutiny. Stay informed and read more now.

Stock Market Today: Stocks Close Higher After CPI-Fueled Clobbering

The main indexes finished higher Wednesday, regaining some ground lost during Tuesday's selloff.

Evening Standard

Lyft shares go on wild ride after $620 million error in results

Lyft claimed its margins were set to grow by “500 basis points”, before admitting it meant 50

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