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LYFT News15 articles
Lime Targets $180.9M IPO, Uber Stake and Debt Guarantee in Focus
Lime aims to raise up to $180.9 million in its IPO, with Uber potentially purchasing $20 million in shares. Most proceeds will repay a $115 million debt guaranteed by Uber.
Uber Stock Slips Amid NYC Regulatory Battle Over Driver Deactivations
Uber shares dropped Thursday as investors reacted to a legal battle over New York City's Local Law 52, which limits ride-hailing companies' ability to deactivate drivers without just cause.
Grab Holdings Rises as Nasdaq Slips; Fintech Growth in Focus
Grab Holdings shares rose 2.9% on Thursday, bouncing from prior losses, as the market evaluates its Q1 results and fintech expansion amid sector headwinds.
Uber Shares Surge on Nvidia Robotaxi Deal, European Expansion
Uber shares jumped 5.8% Monday after the company partnered with Nvidia and Autobrains for a robotaxi program in Munich, while new reports emerged of potential opposition to its Delivery Hero acquisition.
Uber Stock Closes Higher but Ends Week Flat as Post-Earnings Momentum Wanes
Uber shares ended the week nearly flat at $75.09 after an 8.53% post-earnings jump faded, as investors weigh strong demand against rising costs and autonomous vehicle investments.
Uber's Robotaxi Ambitions Face Scrutiny After NHTSA Probe Into Avride Crashes
U.S. regulators are investigating 16 crashes involving Avride autonomous vehicles linked to Uber's platform, raising safety concerns. Uber shares fell 1.7% as Lime filed for IPO.
Uber's Strong Bookings Forecast Puts Pressure on Lyft Ahead of Earnings
Uber forecast Q2 gross bookings of $56.25-$57.75B, above estimates, after a Q1 revenue miss. Shares rose ~8% premarket. Lyft reports after Thursday's close.
Grab Debuts Autonomous Ride Service in Singapore Amid Strategic Pivot
Grab Holdings has initiated Singapore's first public autonomous vehicle ride service in Punggol, partnering with WeRide. The move aligns with Grab's strategic focus on automation and AI to improve profitability.
Uber's Blacklane Acquisition Fuels $100 Share Price Debate Amid Analyst Divergence
Uber Technologies advanced 1.4% to $70.15 after announcing its acquisition of chauffeur service Blacklane, while Wells Fargo trimmed its price target to $95. The company reported $52 billion in 2025 revenue and 202 million monthly active users.
Lyft Shares Hold Steady Despite Analyst Concerns Over Growth and Waymo Threat
Lyft shares posted a modest gain Friday, holding steady after Jefferies reduced its price target and highlighted risks from decelerating U.S. growth and Waymo's rapid expansion. The firm maintained a Hold rating.
Grab Shares Slide on Subdued 2026 Revenue Forecast, Near 52-Week Low
Grab Holdings shares extended losses Friday, nearing a 52-week low, after the company's 2026 revenue projection missed Wall Street expectations. The stock decline contrasts with gains for U.S. peers.
Uber CFO Outlines Opportunistic Buyback Strategy, AV Investment at Morgan Stanley Event
Uber Technologies stock rose 1.6% to $77.15, outperforming the market, after CFO Balaji Krishnamurthy highlighted plans for opportunistic buybacks and continued investment in autonomous vehicles at a Morgan Stanley conference.
Uber Stock Dips Amid AI Expansion and Robotaxi Launch
Uber Technologies stock declined 0.7% as it debuted a commercial robotaxi service in Abu Dhabi and introduced an AI-powered grocery assistant, amid broader tech sector volatility.
Uber shares slip after hours amid Lyft selloff, Dubai robotaxi deal with Baidu
Uber Technologies stock declined over 3% in extended trading, pressured by a sharp drop in rival Lyft and news of a $335 million acquisition of Getir's Turkey food delivery business.
Tesla Gains Amid Robotaxi Competition, Investors Eye Economic Data
Tesla shares advanced 2.2% as the robotaxi race intensified with Waymo's Nashville expansion. Investors await key U.S. payrolls and inflation data for interest rate signals.