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The Latest Breaking News from Lyft

Comparing 2024 Growth in Uber (UBER) vs. Lyft (LYFT)

The tech industry is witnessing steady growth amid the growing popularity of cloud-based software and the escalating popularity of ride-hailing services. In such a scenario, let’s evaluate the growth potentials of two key players in this space: Uber Technologies (UBER) and Lyft (LYFT). Read on….

StockNews.com

Lyft CEO reveals the rideshare’s best tippers are Swifties still buzzing from the Eras Tour: ‘They’re in a pretty good mood and they’re more generous’

David Risher told Fortune passengers are more likely to tip when they’re happier, like after listening to a Taylor Swift song or enjoying an ice cream cone.

Fortune

Canadian Rideshare App HOVR Wants To Give Drivers 100% Of Their Fares - Here's How It Works

Canadian rideshare HOVR focuses on driver fairness with a membership model, keeping 100% of fares, aiming for lower rider costs and a more equitable system.

International Business Times UK

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What’s it like to take over the CEO job from a company founder? Lyft’s David Risher can answer that

How Lyft CEO David Risher learned how quickly his team responds to challenges.

Fortune

Is Driving Uber, Lyft and DoorDash Worth It: Many Earn Lower Than Minimum In 5 Major US Metros

Gig drivers across America are not being paid their local minimum wage as their status as a contractor does not entitle them to employer benefits.

International Business Times UK

Minnesota Equal Rights Amendment fails in acrimonious end to legislative session

Minnesota lawmakers have failed to pass a state Equal Rights Amendment that would have enshrined protections for abortion and LGBTQ+ rights in the state Constitution

The Independent UK

Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

Uber and Lyft say they’ll keep operating in Minnesota after the state Legislature passed a compromise driver pay package

The Independent UK

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Atlanta cop and Marine accused of shooting Lyft driver dead, months after being arrested in drug case

Police officer Koby Minor faces a murder charge following the death of Lyft driver Reginald Folks, months after a Christmas day drug charge

The Independent UK

Is Driving Uber Worth It 2024: Everything You Need To Know

Uber driving offers flexible extra cash, but remember to consider car costs and wait time or choose Lyft/DoorDash options for less strict car requirements.

International Business Times UK

Lyft Races Ahead Of Uber On Wall Street — For How Long?

Uber and Lyft traded places on Wall Street in 2024 as competition for riders rages on. Lyft's shares are up 15% YTD, while Uber's are up 10.3%.

International Business Times

Lyft Added More Female Drivers and Saw a 7% Stock Price Increase This Year

Lyft witnessed a 24 per cent rise in the number of female drivers working for them in the first three months of 2024 compared to the same period last year.

International Business Times UK

Stocks Waver on Higher Bond Yields and Mixed Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes Wednesday settled mixed, with the Dow Jones Industrials posting a 1-month high....

Barchart

Stock Market Today: Dow Brings Daily Win Streak to Six

The 30-stock index is on its longest winning streak of the year.

Kiplinger

Stocks Recover Early Losses on Strong Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. US stock indexes this morning recovered from early losses and are slightly higher...

Barchart

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Barchart

Stocks Weaken on Higher Bond Yields and Negative Corporate News

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.43%. US stock indexes this morning are being pressured by higher T-note yields and...

Tom’s Guide

7 biggest app annoyances — here’s what drives us up a wall with mobile apps

As much as we like using mobile apps on our iPhones and Android devices, we run into a few irritations along the way. Here's what annoys the Tom's Guide staff about apps these days.

InsideEVs

'Tesla Left Some Really Good Sites On The Table': How Revel Aims To Fill A Charging Vacuum

The CEO of fast-growing rideshare (and charging) company Revel says Tesla's loss could soon be their gain.

Top News

Minneapolis Faces Debate Over Uber And Lyft Operations

Minneapolis ordinance mandating higher pay for ride-hailing drivers sparks debate and potential service disruptions by Uber and Lyft.

The Guardian - US

‘She’s done it again’: fans celebrate release of Beyoncé’s album Cowboy Carter

Celebrities from Anita Baker to Hailey Bieber – and even a politician – posted on social media, and Uber and Lyft offered deals

Barchart

Lyft Put Options Have High Premiums - Good for OTM Short Sellers as an Income Play

Lyft stock keeps rising, which has also elevated its put options. This has been a boon for short sellers of out-of-the-money puts. Lyft's forecast of positive FCF could be positive for Lyft put short sellers.

Broadcasting & Cable

Lyft Hires Nielsen To Measure Audience For In-App Ads

Campaigns to be gauged with Nielsen One Ads, Brand Impact and Buyer Lift

The Guardian - US

Minneapolis drivers protested wages – and won. Lyft and Uber are choosing to leave the city rather than pay up

Groups of drivers backed a bill setting minimum pay, but the two tech companies say it’d make riders’ fees unsustainable

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