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When IPOs go wrong: SpaceX, AI firms face a delicate processAs SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, fr...- Why Uber stock is climbing as robotaxis testing will hit London streets next year after partnership with BaiduUber stock: Uber is set to test Baidu's Apollo Go robotaxis in London starting in the first half of next year, a move that positions the ri...
- Uber stock drops over 5% as Waymo’s partnership with Lyft fuels investor concernsUber stock faced a dip as Waymo partnered with Lyft for Nashville operations. Lyft's stock saw a surge post-announcement. Investors are con...
- Lyft stock jumps 12% today as Lyft partners with Waymo to launch fully autonomous ride-hailing in Nashville in 2026Lyft Inc. (NASDAQ: LYFT) shares surged over 12% to $22.69 following the announcement of a new partnership with Alphabet's Waymo to introduc...
- Lyft's soft forecast fans worries of losing ground to Uber, shares tankShares of Lyft fell 16% due to a disappointing summer forecast, sparking concerns it is losing market share to Uber. Despite reporting bett...
- 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.
- Lyft’s new CEO David Risher tackles a job requiring some heavy liftingJust days after taking over as CEO, David Risher came up with a restructuring plan that includes laying off nearly 1,100 employees.
- Lyft employees told to return to office as new CEO lays out visionOn Friday, David Risher, the company's new CEO, told employees in an all-hands meeting that they would be required to come back into the of...
- Lyft to lay off more than 1,000 employees in cost-cut pushRisher, who took over earlier this month, had recently said the company will "significantly" cut jobs, without providing the number of jobs...
- Lyft picks new CEO as founders tap out amid fierce competitionThe change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertake...
- Lyft shares skid on fears Uber pulling aheadLyft shares hit their worst day on record after closing 36.4% lower, with 13 analysts lowering their price targets on the stock.
- Lyft to slow hiring, assess budget cutsLyft said no employee layoffs are planned and added it would grant special stock options to eligible employees.
- One theory why Lyft, Uber IPOs flopped: special purpose vehiclesUber’s IPO flop suggests investors are growing wary of the business prospects in ride-hailing.
- Lyft shares hit record low, piling pressure on Uber ahead of IPOLyft lost $1.1 billion for the March quarter, the company said on Tuesday.
- Lyft's stock pain an ominous sign for Uber IPOLyft shares ended on Wednesday down 11 percent at $60.12, well below their $72 IPO price.
- Lyft’s tumbling stock is a worrying sign for other unicornsLyft is a model of the unicorn class of companies that secured valuations in excess of $1 billion from private investors and will soon seek...
- Lyft snaps up a tag of $24.3 bn as IPO goes the distanceThe first ride-hailing IPO raised more than it had set off to do as investors overlooked uncertainty.
- Lyft IPO oversubscribed on Day 2 of road show: SourcesThis indicates that many investors are willing to overlook uncertainty over Lyft's path to profitability.
- This is the year of startup IPO (Whether you like it or not)That “race for liquidity” dynamic is what makes 2019 different from the rest of the decade.
- Ride-hailing startup Lyft files confidentially for US IPORide-hailing companies have attracted billions in venture capital, and 2019 will test whether the money-losing businesses withstand wider i...
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