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 ...

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

Lyft faces stiff competition in the ride-sharing market, but one analyst sees an attractive buying opportunity.

Uber expects gross bookings to be between $45.75 billion and $47.25 billion for the current quarter. This compared with Wall ...

For Q1, Uber ( NYSE: UBER) saw revenue rise 13.8% year-over-year to $11.53 billion to miss the consensus estimate by $90 ...

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 ...

Uber burned $445 million in cash from operations in 2021. Since then, the firm has impressively transitioned to profitability, generating $642 million, $3.6 billion, and $7.1 billion in cash from ...

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's strong momentum suggests a 'buy-on-weakness' approach. Read more on UBER stock's mixed Q1 results, AV progress, and ...

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