Lyft, Inc.

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  • Uber driver putting sticker on side of car
    News

    California Rules Prop 22 Unconstitutional—Impact on Gig Workers

    By Rachel Curry
  • Car with Lyft sticker
    News

    Lyft and Uber Driver Shortages Lead to Soaring Ride-Sharing Prices

    By Dan Clarendon
  • Women in a Lyft vehicle
    Company & Industry Overviews

    Why Is Lyft So Expensive Right Now?

    By Kathryn Underwood
  • uploads///software
    Company & Industry Overviews

    The Datadog IPO: Will the Optimism Continue?

    Software-as-a-service company Datadog (DDOG) made a smashing debut on Wall Street yesterday. After its IPO, DDOG’s shares surged 40% in intraday trading.

    By Namrata Sen Chanda
  • uploads///Uber stock
    Company & Industry Overviews

    Uber Stock Rises Even as Kalanick Sells Shares

    Yesterday, Uber (UBER) co-founder Travis Kalanick sold about 20 million UBER shares, raking in over half a billion dollars.

    By Mike Sonnenberg
  • uploads///TECH IPOS
    Company & Industry Overviews

    Tech IPOs: Who Burnt Wealth and Who Gained Value?

    In 2019, several high-profile tech IPOs made their debut in public markets. Let’s look at what’s in store for them as we head towards 2020.

    By Adam Rogers
  • uploads///Recession
    Consumer

    Tech Stocks in Freefall—Recession Ahead?

    The broader indices are bleeding today, and tech stocks are also trading in the red. Should you be worried about a looming recession?

    By Adam Rogers
  • uber lyft california lose appeal
    News

    Uber and Lyft Lose California Appeal on Driver Classification

    By Kathryn Underwood
  • uploads///amazon breakup musk
    Tech & Comm Services

    Amazon Breakup: Why Tesla CEO Elon Musk Supports It

    The Amazon (NASDAQ:AMZN) breakup issue became a hot topic last year. Now, Tesla CEO Elon Musk has been rooting for the breakup.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Consumer

    5 Years to the Automobility Tipping Point?

    The tipping point from automobiles to automobility could happen within five years, predicts Lawrence D. Burns, Ph.D., a consultant for Waymo.

    By Ken Pyle
  • Uber and Lyft Set to Shut Down California Service
    Tech & Comm Services

    Uber and Lyft Set to Shut Down California Service

    By Mark Pygas
  • istock
    Company & Industry Overviews

    Alphabet’s Waymo Invests in Education to Expand Market

    In pursuit of ride-hailing market share, Alphabet’s (GOOGL) Waymo has launched a program to educate people on self-driving technology.

    By Ruchi Gupta
  • uploads///uber director buy
    Tech & Comm Services

    Uber Director Robert Eckert Buys Nearly $500,000 in Shares

    An Uber Technologies (NYSE:UBER) insider agrees that the stock is a “buy” right now. Uber’s director, Robert Eckert, purchased 15,740 shares on June 15.

    By Ruchi Gupta
  • uploads///Yelp stock
    Tech & Comm Services

    Is Yelp Stock a Good Bet for Investors Right Now?

    Yelp stock has risen since it released its first-quarter results. Easing COVID-19 restrictions and hopes of a quick economic recovery boosted investors’ appetite.

    By Ruchi Gupta
  • uploads///Lyft Stock
    Tech & Comm Services

    Is Lyft Stock a Good Buy for Investors Right Now?

    The ride demand on Lyft’s platform rose 26% in May compared to April. As a result, the stock jumped 4.7% in extended trading on Tuesday

    By Ruchi Gupta
  • uploads///uber and lyft
    Consumer

    Why Are Analysts Bullish on Uber and Lyft after Q1?

    Lyft (NASDAQ:LYFT) reported its results for the first quarter of 2020 on May 6. The earnings were better than Wall Street’s estimate.

    By Anuradha Garg
  • uploads///lyft earnings
    Tech & Comm Services

    Lyft Reports More Riders: Will Uber Benefit Too?

    Lyft stock rose after it reported growth in active riders despite travel restrictions amid COVID-19. The company reported 21.2 million active riders.

    By Ambrish Shah
  • uploads///jeff bezos amazon stock
    Company & Industry Overviews

    Jeff Bezos’s Efforts Boost Amazon Stock amid COVID-19

    Amazon (NASDAQ:AMZN) stock seems to be on fire under CEO Jeff Bezos’s leadership. The stock made back-to-back record highs for the last three days.

    By Sophia Nicholson
  • uploads///amazon stock strong
    Tech & Comm Services

    Amazon Stock Broke Out: Should You Buy Now?

    So far, Amazon (NASDAQ:AMZN) stock hasn’t been impacted negatively by the ongoing COVID-19 crisis. The stock has outpaced the broader markets.

    By Sophia Nicholson
  • uploads///Amazon stock
    Tech & Comm Services

    3 Must-Knows for Amazon Stock Investors

    Amazon (NASDAQ:AMZN) stock has rallied in recent weeks following a major sell-off in February and March. The shares rose more than 6.0% on Monday.

    By Ruchi Gupta
  • uploads///Amazon
    Company & Industry Overviews

    Amazon Halts Its Shipping Services amid COVID-19

    Amazon (NASDAQ:AMZN) plans to temporarily halt its “Amazon Shipping” delivery service in the US starting in June. The stock has gained 10.6% YTD.

    By Sophia Nicholson
  • uploads///uber changes gears
    Tech & Comm Services

    Uber’s Co-Founder Switches Gears after Its Stock Tumbles

    Uber Technologies (NYSE:UBER) stock wrapped up March more than 6.0% lower for the year. The stock fell by about 18% in March.

    By Ruchi Gupta
  • uploads///uber faces headwinds
    Tech & Comm Services

    Despite Impressive Q4 Results, Uber Keeps Facing Headwinds

    Uber Technologies (NASDAQ:UBER) continues to face headwinds. The stock fell 6.72% on Thursday, which marked its worst day so far in 2020.

    By Ruchi Gupta
  • uploads///Uber Eats
    Consumer

    Uber Makes Leadership Changes at Uber Eats, Seeks Profit

    Uber Technologies has shaken up the leadership at Uber Eats—its food delivery unit. The change occurred a month after the business sold its India operation.

    By Ruchi Gupta
  • uploads///Uber stock
    Tech & Comm Services

    Uber versus Lyft: Which Stock Is Investors’ Top Pick?

    So far, Uber stock has emerged as investors’ favorite. The stock has gained nearly 40% YTD compared to Lyft’s gain of 13% YTD.

    By Ruchi Gupta
  • uploads///Uber stock
    Tech & Comm Services

    Uber Stock: 3 Things to Know This Week

    Uber Technologies stock will be on many investors’ radar this week. The market continues to digest the company’s fourth-quarter report.

    By Ruchi Gupta
  • uploads///Uber stock
    Tech & Comm Services

    Uber Stock Has a Positive Start in 2020 despite Hiccups

    Uber Technologies stock started 2020 on a positive note despite some challenges. The stock gained 22% in January.

    By Ruchi Gupta
  • uploads///Uber DoorDash merger
    Tech & Comm Services

    3 Takeaways from Uber and DoorDash Merger Talks

    The Uber and DoorDash merger talks ended without a deal. However, the companies are willing to reopening the talks.

    By Ruchi Gupta
  • uploads///Alphabet Drummond
    Tech & Comm Services

    Alphabet’s Top Lawyer David Drummond Departs

    David Drummond will step down as Alphabet’s (NASDAQ:GOOGL) chief legal officer at the end of this month.

    By Ruchi Gupta
  • uploads///Amazon aws
    Reports

    Amazon AWS, Blackberry Join Forces at CES 2020

    Blackberry (BB) announced that it would work with Amazon AWS (AMZN). So, the companies will work together over a software platform for connected vehicles.

    By Namrata Sen Chanda
  • uploads///thought catalog tRL_RkhDo unsplash
    Company & Industry Overviews

    PayPal Abandons Facebook’s Libra: Could Others Follow?

    PayPal announced its withdrawal from the 28-member team of Facebook’s Libra Project. Libra has received criticism from the public and private sectors.

    By David Moadel
  • uploads///Facebook Libra
    Company & Industry Overviews

    3 Reasons Facebook’s Libra Still Has Life after Defections

    Despite having high-profile defections in the past week, Facebook’s Libra Association proceeded with its inaugural members meeting.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Consumer

    An App for that Electric Scooter at #CES2019

    Electric scooters are clearly a solution for reducing the comparative pollution from equivalent two-stroke scooters. And now there’s an app for them.

    By Ken Pyle
  • uploads///Waymo Alphabet
    Tech & Comm Services

    Three Things Alphabet Investors Should Know about Waymo

    Currently, Waymo is one of Alphabet’s most visible Other Bets components. Here are three takeaways for regarding Waymo as the year draws to a close.

    By Ruchi Gupta
  • uploads///Uber
    Consumer

    Uber Co-Founder Travis Kalanick to Exit the Board

    Travis Kalanick, the co-founder of Uber Technologies (UBER), will step down from the company’s board of directors at the end of 2019.

    By Sirisha Bhogaraju
  • uploads///Waymo Uber
    Tech & Comm Services

    Waymo Makes First Acquisition amid Expected Uber Payout

    Alphabet’s (GOOGL) Waymo made its first acquisition this month. The company bought British AI startup Latent Logic, which is based in Oxford.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Consumer

    Direxion ETFs Can Help You Cut Your Losses

    Here’s how Direxion ETFs can help you cut your losses and generate alpha. Take a closer look at the S&P 500 and key indicators from the first half of 2019.

    By Direxion
  • uploads///Uber
    Consumer

    Uber Stock Rose on Possible Sale of Uber Eats India

    Uber Technologies stock surged 5.5% on December 16 following news of a possible sale of the company’s Uber Eats operations in India.

    By Sirisha Bhogaraju
  • uploads///libra
    Company & Industry Overviews

    Libra 101: All You Need to Know about the Cryptocurrency

    Last week, Facebook (FB) and other founding members of the Libra Association launched Libra. Libra will be governed by a handful of large organizations including Uber (UBER), Lyft (LYFT), Visa (V), and Mastercard (MA). By the planned launch in 2020, Facebook expects to have 100 members in the governing body.

    By Mike Sonnenberg
  • uploads///wall street _
    Fund Managers

    D.E. Shaw & Co.: Where Is David Shaw Bullish?

    At the end of Q3 2019, D.E. Shaw & Co.’s total portfolio of publicly traded securities was worth around $81.2 billion.

    By Rabindra Samanta
  • uploads///Uber Waymo
    Tech & Comm Services

    Could Uber’s Latest Troubles Force It to Pay Waymo?

    All is not well with Uber Technologies (UBER). But that crisis could make things interesting for Waymo, Alphabet’s (GOOGL) autonomous driving arm.

    By Ruchi Gupta
  • uploads///Peloton
    Consumer

    Peloton Stock Gained Momentum Last Week

    Peloton (PTON) shares rose close to 10% on Friday to close trading at $35.5 per share. The stock gained 21% in the last week that ended on November 29.

    By Adam Rogers
  • uploads///uber
    Consumer

    Uber Has an India Problem—and It’s Not Just Ola

    India is one of the biggest markets for Uber. While Uber has exited China and Southeast Asia, it’s battling with Ola for market share in India.

    By Mike Sonnenberg
  • uploads///AdobeStock_
    Consumer

    Uber Loses Its License in London: What Happens Next?

    Uber lost its license to operate in London on November 25. London’s transport regulator, Transport for London, cited a “pattern of failures” by the company.

    By Anuradha Garg
  • uploads///elizabeth warren targets
    Get Real

    Get Real: Elizabeth Warren Targets WeWork

    In this morning’s Get Real market newsletter, we saw Elizabeth Warren’s latest target, a Disney+ and Netflix development, and Musk mocking Ford.

    By Grace Nightingale
  • uploads///AdobeStock_
    Consumer

    Should Lyft Have You Feeling as Positive as Analysts?

    Lyft’s (LYFT) and Uber’s (UBER) renewed focus on profits has turned analysts around on them despite their stocks doing poorly since their IPOs.

    By Anuradha Garg
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Uber Stock: Is Analysts’ Turnaround Justified?

    Uber (UBER) stock got a rating upgrade from Stifel on November 22. The company is once again gaining favor among analysts.

    By Anuradha Garg
  • uploads///Uber stock
    Consumer

    Uber Stock: CEO Buys, 25 of 38 Analysts Recommend It

    Uber stock, which lost 15% in the first half of the month, gained 9% in the last three trading sessions, adding over $3.5 billion in investor wealth.

    By Mike Sonnenberg
  • uploads///Uber
    Tech & Comm Services

    Can Uber Win the 21-Day London License Race?

    In a big blow to Uber (UBER), TfL (Transport for London) said that it won’t grant a fresh private taxi license to the ride-sharing company.

    By Mike Sonnenberg
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Tesla Autopilot Faces Senate Heat for Self-driving ‘Cheats’

    Yesterday, during a Senate hearing, senators criticized Tesla (TSLA) for safety protocol lapses in its autopilot feature.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Uber at Fault for Self-Driving Car Crash, Other Problems?

    Yesterday, the National Transportation Safety Board (or NTSB) said Uber (UBER) was at fault for a self-driving car crash in March 2018.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    New Uber Bull Sees the Sell-Off as a Buying Opportunity

    Yesterday, Argus Research upgraded Uber stock from “hold” to “buy.” Let’s look at Uber and Lyft’s recent analyst rating changes.

    By Anuradha Garg
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    The EV Race: Can German Automakers Catch Tesla?

    EV leader Tesla could disrupt the German auto market. Spiegel reports that German automakers could lose ground by ignoring the industry’s changing dynamics.

    By Anuradha Garg
  • uploads/uploads///Alphabet%E%%s Waymo
    Company & Industry Overviews

    Alphabet’s Waymo Leaves Austin, Enters New Markets

    Alphabet’s Waymo is shutting their Austin office to merge teams in Detroit and Phoenix. Waymo is looking for other ways to monetize technology.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Company & Industry Overviews

    Jim Cramer: ‘Buy’ on Lyft and Negative on Uber

    On Thursday, Jim Cramer discussed Uber and Lyft. He issued a “buy” call on Lyft. Cramer thinks that the stock looks attractive after two positive quarters.

    By Anuradha Garg
  • uploads///Tesla Model  autonomous
    Company & Industry Overviews

    Tesla Model 3 NYC Taxi Worries Uber and Lyft

    Last week, Electrek reported that Tesla Model 3 (TSLA) became the first-ever electric vehicle to get approval to run as a taxi on New York City roads.

    By Mike Sonnenberg
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Uber Lockup Expiry: More Downside after All-time Low?

    Uber’s IPO lockup period expires today, meaning early investors will have the opportunity to sell their stock. Uber stock fell 9.8% yesterday.

    By Anuradha Garg
  • uploads///Uber stock
    Company & Industry Overviews

    Will Uber Stock Fall to $25 on Earnings and Lockup Expiry?

    Uber released its 3Q earnings yesterday after market hours. The company’s revenues rose 30% during the quarter. However, Uber stock still got hammered.

    By Mike Sonnenberg
  • uploads///Uber stock
    Earnings Report

    Uber Stock: 3Q Earnings Today, Lockup Expires on Wednesday

    While the market seems to be positive today with S&P 500 (SPY) opening at a record high, investors in Uber stock (UBER) are anxious.

    By Mike Sonnenberg
  • uploads///AdobeStock_
    Consumer

    Will Uber Face an Extended Sell-Off on a Bad Q3?

    Uber is scheduled to report its third-quarter earnings results on November 4 after the market closes. Analysts expect it to report $3.7 billion in revenue.

    By Anuradha Garg
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Tesla’s Real Competition: Automakers or Mega-Tech?

    Tesla (TSLA) stock has been polarizing like no other. Analysts and investors have very strong views about the stock on either side.

    By Anuradha Garg
  • uploads///LYFT earnings
    Earnings Report

    Lyft Posted Strong Earnings: Will Uber Stock Take a Ride?

    Lyft stock, which gained 0.98% on Wednesday, rose 3.54% in pre-market today at 8:00 AM ET. Uber stock rode on Lyft’s earnings wave and rose 0.74%.

    By Mike Sonnenberg
  • uploads///LYFT earnings
    Earnings Report

    Could Lyft’s Earnings Results Lift Its Stock?

    Lyft (LYFT) is set to report its third-quarter earnings results after markets close tomorrow. Here’s what investors should watch for.

    By Mike Sonnenberg
  • uploads///Alphabet earnings
    Company & Industry Overviews

    Why Alphabet Stock Fell after Its Q3 Earnings Report

    Alphabet’s earnings miss came after higher expenses and continued losses in its “other bets.” During the third quarter, the company’s expenses rose 25%.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Consumer

    Uber Gains Another Bull: Profitability Concerns Easing?

    Uber (UBER) stock has been hammered since its debut on the markets in May. The stock is trading 26% lower than its IPO price of $45.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Ford’s Self-Driving Plan: Can It Overtake the Competition?

    Ford plans to produce autonomous cars for ridesharing by 2021. GM acquired Cruise, a self-driving startup, to kickstart its autonomous driving plans.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Lyft Stock Rose, Profitability Expected a Year Earlier

    On Tuesday, Lyft investors rejoiced and the stock closed 6.6% higher. The company’s co-founders said that it could become profitable by 2021.

    By Anuradha Garg
  • uploads///roller coaster
    Cannabis

    Get Real: Third-Quarter Roller Coaster

    In today’s Get Real, we saw that several third-quarter results are out and all over the board. We also have recommendations for stocks to watch going forward. 

    By Grace Nightingale
  • uploads///LYFT
    Consumer

    Why Lyft and GameStop Stocks Are Soaring Today

    Lyft stock (LYFT) has gained over 8% today while GameStop stock has surged by 7%. So what’s been driving these stocks higher?

    By Adam Rogers
  • uploads///AdobeStock_
    Company & Industry Overviews

    Uber and Lyft Face Heat for Skipping Safety Hearing

    Uber and Lyft chose to skip the congressional hearing on Wednesday. The hearing was meant to examine the companies’ safety and labor practices.

    By Anuradha Garg
  • uploads///IPO
    Tech & Comm Services

    Zoom Video and CRWD Lead Tech IPO Gains in 2019

    Zoom Video is trading significantly higher than 2019’s other IPO debutants. Zoom stock had an offer price of $36 and is trading at $73.52—104% higher.

    By Adam Rogers
  • uploads///AdobeStock__Editorial_Use_Only
    Company & Industry Overviews

    Robert Greifeld Warns: The Unicorn Bubble Has Burst

    On October 8, former Nasdaq CEO Robert Greifeld wrote on CNBC’s website, “WeWork’s aborted IPO may come to mark the end of the current ‘unicorn’ bubble.”

    By Rabindra Samanta
  • uploads///AdobeStock_
    Consumer

    Citi Upgrades Uber Stock: Risk-Reward Favorable

    Today, Citigroup (C) upgraded Uber stock from “neutral” to “buy.” However, the firm kept its target price for the stock unchanged at $45.

    By Anuradha Garg
  • uploads///AdobeStock_
    Consumer

    Uber and Lyft Hit Record Lows, MKM Initiates a ‘Neutral’

    Uber and Lyft have been hitting lower lows almost every day. On October 2, the stocks were trading at their all-time lows of $29.0 and $38.4, respectively.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Tesla-DeepScale Deal Puts Self-Driving in the Fast Lane

    CNBC reported yesterday that Tesla is acquiring computer vision start-up DeepScale to boost its fully self-driving technology.

    By Anuradha Garg
  • uploads///Alphabet Waymo
    Company & Industry Overviews

    Why Alphabet’s Waymo Has a Lower Valuation

    On September 27, Morgan Stanley analysts lowered the valuation for Alphabet’s Waymo. The investment bank gave the company a valuation of $105 billion.

    By Ruchi Gupta
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Lyft Stock: Why Are Cramer and Wells Fargo at Odds?

    Lyft (LYFT) stock has fallen nearly 43% compared to its IPO price of $72. The stock has been hitting new all-time lows lately.

    By Anuradha Garg
  • uploads/// gogoro  groupshot
    Company & Industry Overviews

    An Interview with Gogoro CEO Horace Luke

    The Taiwan-based electric scooter company Gogoro announced its new Gogoro VIVA yesterday. We look back on a video interview with CEO Horace Luke.

    By Ken Pyle
  • uploads///Peloton IPO
    Tech & Comm Services

    Peloton IPO: Another Unicorn Debut Bites the Dust

    Peloton stock, which lost 8.9% on September 26 on its public debut, was trading 4% lower on September 27 at $24.73 as of 10:36 AM ET.

    By Mike Sonnenberg
  • uploads///AdobeStock_
    Consumer

    Why Uber and Lyft Have Analysts Feeling Positive

    Uber and Lyft have been going through a rough patch lately. Uber debuted through an IPO in March at $45, while Lyft had its IPO in May at a price of $72.

    By Anuradha Garg
  • uploads///Airbnb
    Company & Industry Overviews

    No Airbnb IPO in 2019: Are Unicorns Cursed?

    In a very brief statement on September 19, Airbnb announced its intention to go public in 2020. The timing of the statement is interesting.

    By Mike Sonnenberg
  • uploads///Alphabet other bets
    Company & Industry Overviews

    Alphabet’s Other Bets: What’s in the Trucking Market for Waymo?

    Alphabet’s (GOOGL) Waymo wants to bring its autonomous driving technology to the freight trucking industry. Waymo is one of Alphabet’s Other Bets.

    By Ruchi Gupta
  • uploads///coworking
    Company & Industry Overviews

    WeWork IPO Delay: What Should You Expect Next?

    WeWork has postponed its IPO as its valuation has plunged. When a highly anticipated listing meets with a fate like this, there are several factors at play.

    By Namrata Sen Chanda
  • uploads///WeWork IPO The WE Company
    Company & Industry Overviews

    WeWork IPO Shelved, Unicorn Stocks Lose Luster

    WeWork, which was expected to go public this month, has suspended its IPO at least until next month after a lackluster response from potential investors.

    By Mike Sonnenberg
  • uploads///AdobeStock_
    Consumer

    Uber and Lyft Get Upgrades as HSBC Sees 30%+ Upside

    Today, CNBC reported that HSBC upgraded Lyft and Uber to “buy” ratings from “hold” ratings. Let’s see how both stocks have been trading since their IPOs.

    By Anuradha Garg
  • uploads///WeWork IPO The WE Company
    Company & Industry Overviews

    Could WeWork Go Public at 50% Valuation?

    Reports indicate that WeWork is looking to cut its valuation by over 50% to ease its upcoming IPO. WeWork was privately valued at $47 billion in January.

    By Mike Sonnenberg
  • uploads///Jaguar autonomous vehicles
    Company & Industry Overviews

    Autonomous Vehicles: Jaguar Ties Up with BlackBerry

    Jaguar Land Rover has partnered with BlackBerry to develop autonomous vehicles. BlackBerry will assist Jaguar in various areas via AI and machine learning.

    By Maitali Ramkumar
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Is Lyft Stock Bottoming? Deutsche Bank Thinks So

    Yesterday, CNBC reported that Deutsche Bank (DB) had initiated coverage of Lyft (LYFT) stock with a “buy” rating.

    By Anuradha Garg
  • uploads///Uber
    Company & Industry Overviews

    Uber, Lyft: Can Investors Expect the Stocks to Recover?

    After touching new lows on September 3, Uber (UBER) and Lyft’s (LYFT) share prices gained 4.2% and 2.1%, respectively, on September 4.

    By Sirisha Bhogaraju
  • uploads/uploads///Alphabet%E%%s top lawyer
    Company & Industry Overviews

    Top Alphabet Lawyer Marries Employee in Google’s Legal Office

    This past weekend, Alphabet’s chief legal officer, David Drummond, married an employee who works in Google’s legal department, according to Axios.

    By Ruchi Gupta
  • uploads///AdobeStock_
    Company & Industry Overviews

    US Companies Urge for Relaxed Autonomous Car Regs

    The huge potential of autonomous cars is luring many automakers and technology companies to invest in the space. It’s a race everybody wants to win.

    By Anuradha Garg
  • uploads///Waymo Uber
    Company & Industry Overviews

    Waymo’s Former Employee Charged with Trade Secret Theft

    Yesterday, federal prosecutors charged Anthony Levandowski with multiple counts of trade secret theft. Levandowski was previously an engineer at Waymo.

    By Ruchi Gupta
  • uploads///lyft
    Company & Industry Overviews

    Have Lyft and Uber Stocks Bottomed Out?

    Uber and Lyft have seen huge sell-offs since debuting on the market. Uber is down about 25% since May, and Lyft is down about 30% since March.

    By Anuradha Garg
  • uploads///AdobeStock__Editorial_Use_Only
    Consumer

    Lyft Stock Rises on Guggenheim Upgrade—More Upside?

    Today, Lyft stock was up about 3% at 10:10 AM ET after Guggenheim upgraded it from “neutral” to “buy.” Guggenheim started covering Lyft in April.

    By Anuradha Garg
  • uploads///Lyft
    Company & Industry Overviews

    Analysts’ Views on Lyft Stock after Lock-In Expires

    A major sell-off in Lyft (LYFT) stock was expected after its lock-in period ended on August 19. However, the stock fell just 1.5% on Monday.

    By Sirisha Bhogaraju
  • uploads///AdobeStock_
    Company & Industry Overviews

    Why Elon Musk Doesn’t Need to Be Tesla’s CEO

    On Thursday, James Anderson of Baillie Gifford did an interview with Manager Magazin. Anderson discussed why he thinks Tesla could work without Musk.

    By Anuradha Garg
  • uploads///AdobeStock_
    Tech & Comm Services

    Uber Hits an All-Time Low: Are More Cuts Needed?

    Uber stock hit a new all-time low yesterday. It slid another 6.8% to close at $33.96, indicating a decline of 24% for the stock since its IPO.

    By Anuradha Garg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Uber Stock Fell to a Record Low Yesterday—What’s Next?

    Uber (UBER) stock closed at a record low yesterday, falling 7.6%. This decline continued UBER’s down days, driven by its disappointing Q2 results.

    By Anuradha Garg
  • uploads///Alphabet Waymo
    Company & Industry Overviews

    Alphabet’s Waymo Follows in PayPal’s Footsteps

    Alphabet’s (GOOGL) Waymo has sued a company going by the same name. This news comes after PayPal sued a startup, Lenmo, for illegal brand squatting.

    By Neha Gupta
  • uploads///US economy
    Consumer

    US Economy: Is It as ‘Great’ as Trump’s Touting?

    On multiple occasions, Trump has said the US economy is doing phenomenally well, calling it “the greatest economy in the HISTORY of America.”

    By Mohit Oberoi, CFA
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