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

As autonomous vehicles and rider concerns reshape the ride-hailing industry, Lyft’s CEO shares how hands-on leadership and ...

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

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

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.

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

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

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

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 ...