What the Q2 earnings reports told us about the gig economy

Uber, Lyft, DoorDash, Airbnb, and Grubhub’s parent company shared their latest financials. The largest gig-work companies reported earnings last week, and investors were quick to look for any...

Inflation is helping gig companies like Uber

Ride-share drivers, delivery workers and freelancers at companies including Uber, Lyft and Doordash are struggling to keep up with the rising cost of gas and the tools they need to do their jobs.

UK-based Cera, whose app uses data analytics and AI to manage at-home health care, has raised $320M split equally...

Cera, a U.K. provider of healthcare inside people’s homes augmented by a platform that allows carers to monitor a patient’s health and potentially flag problems, has raised $320 million in an...

Gig economy stocks popped this week after showing strong demand for their services

Uber, Lyft, DoorDash and Airbnb posted quarterly reports that either beat Wall Street expectations or showed strong demand. Lyft finished the week up 46%, and Uber jumped 37%, the best week ever...

Gig economy stocks popped this week after showing strong demand for their services

Shares of gig economy companies popped this week as Uber, Lyft, DoorDash and Airbnb posted quarterly reports that showed strong demand.

Stock Market Today: Dow Rises on Energy, Banks Boost After Blowout Jobs Dent Tech

By Yasin Ebrahim Investing.com -- The Dow racked up gains late into the close to end higher Friday, on a jump in banking and energy stocks, but surging Treasury yields following a blowout jobs...

S&P 500 Slips as Surging U.S. Yields Dent Tech Amid Blowout Jobs Report

By Yasin Ebrahim Investing.com -- The S&P 500 eased from its lows Friday, but remained under pressure by a fall in tech after a blowout monthly jobs report stoked expectations for larger rate...

Stocks making the biggest moves midday: Lyft, Carvana, Warner Bros. Discovery, DraftKings

Warner Bros. Discovery's stock cratered 15.8% after Warner Brothers posted its first earnings report since its merger. Lyft soared 14.2% after sharing an unexpected profit for the recent quarter....

Stocks making the biggest moves midday: Lyft, Carvana, Warner Bros. Discovery, DraftKings

Warner Bros. Discovery's stock cratered 15.8% after Warner Brothers posted its first earnings report since its merger. Lyft soared 14.2% after sharing an unexpected profit for the recent quarter....

Dow Jones Sells Off On Strong Jobs Report; Tesla Stock Split Approved

Square-parent Block dived as much as 7.6% on its earnings report before slashing losses. Tesla stock traded lower after shareholders approved plans for a 3-for-1 stock split. AMC Entertainment,...

Dow Jones Sells Off On Strong Jobs Report; Tesla Stock Split Approved

Square-parent Block dived as much as 7.6% on its earnings report before slashing losses. Tesla stock traded lower after shareholders approved plans for a 3-for-1 stock split. AMC Entertainment,...

Stocks making the biggest moves premarket: Expedia, Block, Lyft and more

Expedia's stock jumped 5.4% in the premarket. Lyft's stock rallied 7.5% in premarket action after it reported an unexpected quarterly profit. Block (SQ) slid 6.4%, even though it reported...

Stocks making the biggest moves premarket: Expedia, Block, Lyft and more

Expedia's stock jumped 5.4% in the premarket. Lyft's stock rallied 7.5% in premarket action after it reported an unexpected quarterly profit. Block (SQ) slid 6.4%, even though it reported...

Stocks making the biggest moves premarket: Expedia, Block, Lyft and more

These are the stocks posting the largest moves before the bell: Expedia, Block, Lyft and more.

LYFT Shares Up 7.5% after Posting Better-than-Expected Q2 2022 Earnings

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide...

Apple asks suppliers to follow China customs rules

- Apple Inc (NASDAQ:AAPL) has asked suppliers to ensure that shipments from Taiwan to China comply with the latter's customs regulations to avoid them from being held for scrutiny, according to a...

Tensions with U.S. spur Chinese buying of chipmaking stocks

SHANGHAI - Chinese chipmakers' shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi's visit to Taiwan heightened tensions with the U.S., driving...

DoorDash earnings beat, despite flat growth and orders; Lyft also beats on earnings

About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features © 2022 Google LLC

Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds

Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract and...

Lyft Belt-Tightening Aids Second-Quarter Results

The ride-hailing company says the supply of available drivers is improving after a prolonged shortage.

Lyft Reports Mixed Q2 Results, But Touts Optimism Ahead as Demand Rebounds

Yasin Ebrahim Investing.com -- Lyft reported Thursday mixed second-quarter results as losses were wider than expected, but revenue topped expectations and the ride-hailing company touted optimism...

Lyft Posts Record Earnings as Ride-Hailing Rebounds

Lyft Posts Record Earnings as Ride-Hailing Rebounds  Bloomberg

Earnings Results: Lyft stock rises as riders, drivers and rides hit highest points since pandemic began

Number of Q2 riders, Q3 revenue forecast fall just shy of Wall Street expectations in the second quarter.

Lyft reports Q2 revenue up 30% YoY to $990.7M, vs. $986.7M est., a $377.2M net loss, and active riders up 16% YoY to...

Lyft's operating profit surges on rideshare demand, hiring slowdown

By Nivedita Balu - Ride-hailing firm Lyft Inc (NASDAQ:LYFT) on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown in...

Lyft says its driver incentives that spooked investors are paying off

For the second quarter, Lyft reported revenue of $991 million, which beat Wall Street estimates, but losses are widening. Lyft’s cost-trimming measures amid rising inflation and a potential...

Futures Flat As Crushing 37bps Curve Inversion Screams Recession

Futures Flat As Crushing 37bps Curve Inversion Screams Recession US futures are mixed on Thursday, first trading in the red, then turning green before moving unchanged, as investors...

Lyft August weekly 17 straddle priced for a move of 18% into quarter results

InvestingPro

Lyft assured no layoffs were coming. Now employees are scrambling for their next gig

The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem....

Lyft option IV increases into quarter results and outlook

InvestingPro

One-Stop Business News, backed by Mark Cuban. Free to Use →