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Zacks News
Bear Of The Day: Lyft (LYFT)
by Daniel Laboe
I am choosing Uber over Lyft in the ridesharing spread
Stock Market News for Nov 11, 2020
by Zacks Equity Research
Wall Street had a mixed day on Tuesday with investor rushing to sell of tech stocks that had had dream run during the virus-induced lockdown, while they put money on sectors that took a beating during the pandemic.
Lyft (LYFT) Shares Gain Despite Wider-Than-Expected Q3 Loss
by Zacks Equity Research
While LYFT's Q3 results reflect significant impact of coronavirus on a year-over-year basis, it indicates a strong rebound on a sequential basis.
Ridesharing In The New Normal
by Daniel Laboe
The ridesharing duopoly (Lyft & Uber) is on a sugar rush with 3 momentum driving events trigging a massive rally in this space over the past week
Lyft (LYFT) Reports Q3 Loss, Tops Revenue Estimates
by Zacks Equity Research
Lyft (LYFT) delivered earnings and revenue surprises of -1.12% and 0.47%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Zacks Investment Ideas feature highlights: Uber, Lyft, Upwork, GoDaddy and Fiverr
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Uber, Lyft, Upwork, GoDaddy and Fiverr
Uber's (UBER) Q3 Loss Wider Than Expected, Shares Decline
by Zacks Equity Research
Weakness in the mobility business due to coronavirus concerns hurt UBER's Q3 results.
Election Win For The Gig Economy: Stocks To Watch
by Daniel Laboe
California's Prop 22 win sends positive ripples across the U.S.'s 'gig economy'
Post-Election Rally Welcomes Capitol Gridlock
by Mark Vickery
Take a gander at the nearly 4% gain on the Nasdaq -- don't plan on a government bust-up of FAANG stocks any time in the future.
Will Coronavirus-Led Rides Weakness Mar Lyft (LYFT) Q3 Earnings?
by Zacks Equity Research
LYFT's Q3 performance is expected to have been hurt by low ride volumes amid ongoing coronavirus concerns. However, cost-reduction efforts are anticipated to have aided performance.
Earnings Preview: Lyft (LYFT) Q3 Earnings Expected to Decline
by Zacks Equity Research
Lyft (LYFT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stocks Slide on Covid-19 and Election Concerns
by David Borun
New outbreaks in the US and abroad and a tense run-up to the elections send nervous investors to the sidelines.
Buy Beyond Meat Stock for Big Growth Potential?
by Benjamin Rains
Beyond Meat's fiscal 2020 revenue is projected to climb 65% to reach $491 million...
Zacks Investment Ideas feature highlights: Twilio, Uber, Lyft and Twitter
by Sreoshi Bera
Zacks Investment Ideas feature highlights: Twilio, Uber, Lyft and Twitter
One "Buy The Dip" Opportunity You Don't Want To Miss
by Daniel Laboe
18 out of 22 analysts are calling this stock a buy today, with price targets representing an over 33% upside from where it???s trading at today even after its crazy drive this year
Mastercard & HSBC to Promote Sustainable Urban Development
by Zacks Equity Research
Mastercard (MA) collaborates with HSBC, which joins Mastercard's City Possible network for addressing several urban challenges.
Why Is Lyft (LYFT) Up 2.2% Since Last Earnings Report?
by Zacks Equity Research
Lyft (LYFT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lyft (LYFT) Rides Up 7.3% in August From July, Down 53% Y/Y
by Zacks Equity Research
LYFT rides business is gradually improving, but is still significantly below year-ago levels. The recovery is faster in Canada than in the United States.
Uber's Mobility Platform to be 100% Zero-Emission by 2040
by Zacks Equity Research
UBER plans to become a zero-emission platform entirely by 2040. To this end, the company will provide $800 million to help drivers switch to EVs by 2025.
2 Stocks For The Automation Tsunami Of The Roaring 20s
by Daniel Laboe
Automation is becoming cheaper, faster, and more effective than human capital
Lyft (LYFT) in Focus: Stock Moves 5.8% Higher
by Zacks Equity Research
Lyft (LYFT) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
Uber Granted Stay in Driver-Classification Case, Shares Pop
by Zacks Equity Research
With Uber (UBER) having been granted stay in the driver-classification case, it will not have to suspend operations in California. Oral arguments in this case are set to begin in mid-October.
Lyft Witnesses Revival in Ride Volumes Amid Coronavirus Woes
by Zacks Equity Research
Easing of restrictions boosts Lyft's (LYFT) ride volumes. However, COVID-19 woes hurt.
Uber's Attempt to Delay California Injunction Order Fails
by Zacks Equity Research
Uber (UBER) has been denied extension of stay regarding a preliminary injunction that would force the company to categorize its drivers as employees.
Lyft (LYFT) Q2 Loss Narrower Than Expected, Revenues Fall 61%
by Zacks Equity Research
Lyft's (LYFT) Q2 results reflect significant downturn in its core ridesharing business, thanks to homebound people amid coronavirus. However, strict cost-controls support its long-term prospects.