1. syamfx2020

    DAILY MARKET REPORT - Tuesday, May 04, 2021

    US Ride-hailing giants Lyft and Uber are scheduled to report their latest quarterly earnings this week. Lyft (NASDAQ: LYFT) is scheduled to announce first-quarter financial results on Tuesday after market close. The company is expected to post quarterly earnings of -$0.54 per share and revenues...
  2. syamfx2020

    Ride-hailing giants beat earnings estimates

    Ride-hailing giants Lyft and Uber reported fourth-quarter financial results this week. Even though 2020 was a brutal year for both the companies, the Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) shares have rallied more than 80% over the last six months. Lyft reported better-than-expected Q4...
  3. syamfx2020

    Lyft has unveiled plans for their food delivery service

    As the ride-hailing companies still struggling during this pandemic period, the San Francisco-based company LYFT (NASDAQ: LYFT) announced it will soon be entering the food-delivery business. The $LYFT stock surged more than 6% on Tuesday after the news. Lyft’s president John Zimmer said the...