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Baidu (NasdaqGS:BIDU) Starts London Robotaxi Tests And Wins Hong Kong Driverless Permit
Simply Wall St.8d agobullish
Baidu (NasdaqGS:BIDU) Starts London Robotaxi Tests And Wins Hong Kong Driverless Permit

Baidu's Apollo Go unit and Freenow by Lyft have started autonomous vehicle testing on public roads in London. The partners have also secured a fully driverless trial permit in Hong Kong for right hand drive robotaxis. These trials mark the first right hand drive fully driverless program globally and extend Baidu's autonomous ridehailing reach beyond mainland China. Baidu, listed as NasdaqGS:BIDU, is pushing deeper into autonomous ridehailing as its stock trades around $105.29. The company...

Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law
Simply Wall St.12d agobullish
Uber (UBER) Wins Court Injunction Over New York Driver Deactivation Law

A U.S. District Judge granted Uber and Lyft an injunction against a New York City law on driver deactivations. The ruling temporarily blocks new rules that would have limited how the platforms can remove drivers from their apps. The decision affects Uber Technologies' flexibility in managing driver relations and safety policies in a key market. For investors following Uber Technologies (NYSE:UBER), this legal ruling relates directly to how the company runs its core ride hailing business in...

Lyft (LYFT) Expands Curb Partnership To Bring New York City Taxis Into Its App
Simply Wall St.14d agobullish
Lyft (LYFT) Expands Curb Partnership To Bring New York City Taxis Into Its App

Lyft has expanded its partnership with Curb to integrate New York City taxis into the Lyft app. The integration gives Lyft users access to thousands of licensed NYC taxis directly through the app. This rollout follows earlier integrations in Los Angeles and San Francisco. For investors watching Lyft, ticker NasdaqGS:LYFT, the New York City taxi integration arrives as the stock trades around $15.19. The share price sits against a mixed performance backdrop, with the stock down 23.2% year to...

Lyft (LYFT) Wins an Upgrade From Rothschild Redburn as Its Price Target Triples
Insider Monkey19d agobullish
Lyft (LYFT) Wins an Upgrade From Rothschild Redburn as Its Price Target Triples

Lyft, Inc. (NASDAQ:LYFT) is one of the best low priced technology stocks to invest in. On June 17, Rothschild & Co Redburn upgraded Lyft, Inc. (NASDAQ:LYFT) to Neutral from Sell and raised its price target to $22 from $7. The firm cited Lyft’s growing share buyback commitments. Rothschild Redburn said the case for upgrading was […]

Lyft CEO on surge pricing, robotaxis, and Bezos
Yahoo Finance Video27d agobullishVIDEO
Lyft CEO on surge pricing, robotaxis, and Bezos

Lyft CEO David Risher unpacks his playbook with Yahoo Finance Executive Editor Brian Sozzi for turning the rideshare giant around, from ending traditional surge pricing and mandating a return-to-office, to building a hybrid future of human drivers and Waymo robotaxis.

Is Uber Stock Poised For A Rally?
Trefis57d agobullish
Is Uber Stock Poised For A Rally?

Uber Technologies (UBER) stock is at an interesting point right now. If you bet on it, you are betting on a company that's growing reasonably, is sustaining good cash flow and margin, has a low-debt to market cap structure, and is relatively cheaply valued. But is that enough.

LYFT – Among the 10 Best Stocks Under $15 to Buy Right Now
Insider Monkey71d agobullish
LYFT – Among the 10 Best Stocks Under $15 to Buy Right Now

Lyft, Inc. (NASDAQ:LYFT) is included among the 10 Best Stocks Under $15 to Buy Right Now. On May 9, Canaccord lowered its price recommendation on Lyft, Inc. (NASDAQ:LYFT) to $15 from $16. It reiterated a Hold rating on the shares following the company’s Q1 report. The analyst said Lyft “faces a Herculean climb to reach […]

Is Lyft, Inc. (LYFT) A Good Stock To Buy Now?
Insider Monkey84d agobullish
Is Lyft, Inc. (LYFT) A Good Stock To Buy Now?

Is LYFT a good stock to buy? We came across a bullish thesis on Lyft, Inc. on Valueinvestorsclub.com by crestone. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.’s share was trading at $14.42 as of May 1st. LYFT’s trailing and forward P/E were 2.12 and 11.59 respectively according to Yahoo Finance. Lyft, […]

Bloomberg91d agobullish
Uber Beats on Bookings Outlook in Sign of Growing US Demand

(Bloomberg) -- Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weigh