Searched for
LYFT SHARES TUMBLING
US stocks today: Futures pause ahead of January employment dataU.S. stock futures traded subdued as investors awaited crucial jobs data, with expectations of an uptick in job growth despite a sluggish l...- Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumblingThe forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and ex...
- US stocks tick higher on Fed rate cut hopes; earnings in focusThe S&P 500 and Nasdaq saw gains, fueled by positive corporate earnings and anticipation of Federal Reserve rate cuts. McDonald's and Arist...
- US stocks tick higher following Friday's dramatic selloffWall Street rebounded on Monday, recovering from the previous session's losses, driven by expectations of more aggressive interest rate cut...
- Dow ends higher for 6th session, but Treasury yields pressure marketThe Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000...
- S&P 500 pauses after recent gains as investors assess rate pathThat dampened optimism spurred by a positive earnings season and softer-than-expected labor market data that had tempered concerns about th...
- Wall Street closes lower as investors wait for inflation data"The markets today are just kind of waffling around. And the reason for that is tomorrow is going to be the CPI report for July being relea...
- Lyft falls as pricing strategy casts shadow over profit goalsLyft and its more dominant rival, Uber, have been locked in a fierce price war as they stage a post-pandemic recovery.
- Lyft rattles Wall Street as margins suffer in race with UberAt least 16 analysts slashed their price targets on a stock that has widely underperformed the market this year.
- Tech layoffs shock young workers. The older people? Not so muchMicrosoft said this week it planned to cut 10,000 jobs, or roughly 5% of its workforce. And Friday morning, Google's parent company Alphabe...
- S&P 500 ends down as jobs data rekindles rate hike fear"This is all about the Fed. A very strong jobs report like we had puts pressure on the Fed to tighten for longer," said Adam Sarhan, chief ...
- Lyft to slow hiring, assess budget cutsLyft said no employee layoffs are planned and added it would grant special stock options to eligible employees.
- Wall St record run rolls on after Fed unveils anticipated bond-buying 'taper'The S&P 500 and Nasdaq notched record all-time closes for their fifth straight sessions, while the Dow Jones Industrial Average posted a re...
- Uber Eats revenue continues to grow in Q1, ride-hailing remains flatUber's ride-hailing business had to absorb a $600 million hit to account for a settlement with its more than 70,000 UK drivers and provide ...
- Lyft sees sustained profit starting in third quarter on cost cuts, demand reboundLyft said it expected a strong rebound in U.S. travel in the third quarter, when many homebound Americans who hunger for travel are likely ...
- Lockdown winners fade as reopen trade roars after Covid dataZoom Video Communications Inc. plunged 16% in early trading, while Peloton Interactive Inc. slumped 13% and Netflix Inc. was down 5% as inv...
- Indian angels aim for sky in US startup ecosystemIndia-based angels have also backed up and coming ventures such as app analytics platform App Annie, drone logistics network Matternet, aut...
- SoftBank Vision Fund planning writedown of over $5 billionThe writedown is being driven by the Vision Fund’s holdings in ride-hailing giant Uber and WeWork parent We Co., the beleaguered co-working...
- IPO debacle: Uber blame game focuses on Morgan StanleyWhy did bankers suggest a $120 billion valuation last year that Uber couldn’t deliver?
- Uber's long road to an IPO is ending at a less-than-ideal momentUber’s offering is set to be among the 10 largest US IPOs of all time and the biggest on a U.S. exchange since Alibaba Group Holding Ltd.’s...
Load More
