Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...

Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...

This adds to Uber's growing list of partners for self-driving taxi deployment as it competes with Lyft and Tesla in the ...

Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...

Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active riders grew 11% to 24.2 million, and rides surged 16% to 218.4 million, marking ...

Uber faces increased competition in rideshare and delivery markets, and analysts suggest a 'hold' rating for UBER stock after a sharp 34% YTD growth. See more here.

A Tesla investor, Gary Black, expresses skepticism about the profitability of Tesla's upcoming FSD-based ride-hailing service ...

Mobility plans to deploy its autonomous vehicles on the Uber platform by the end of 2025, starting in Arlington, Texas, as ...

Uber Technologies' earnings miss is a short-term setback, and the stock trading down is a window to buy at a discount. Click ...

The firm faces ridehailing competition from players such as Lyft (mainly in the US), but Uber is the clearly superior network. Uber helps people get from Point A to Point B by taking ride requests ...

Gross bookings, which include ride hails, delivery orders, and driver and merchant earnings but not tips, were $42.8 billion ...

Uber and Lyft have been sharpening their focus on smaller, car-dependent cities with limited public transit, marking a new phase of intense competition. While Uber emphasized on the expansion ...