The Latest Breaking News from Lyft

Technology stocks have suffered a massive sell-off this year on investor concerns about the Federal Reserve's aggressive interest rate increases to fight record-high inflation, ongoing geopolitical crises, and a potential economic slowdown. Several hard-hit tech companies have initiated cost-cutting measures of late. Thus, it could be wise to now avoid…

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…

Major companies, like Amazon, Tesla and Apple, who have pledged to support employees have hubs throughout the state

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Argo AI, a robotaxi startup that has the backing of Ford Motor Co. and Volkswagen AG, said Tuesday it's launching driverless test rides in Miami and Austin, Texas.

Someone with a lot of money to spend has taken a bearish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.