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The Latest Breaking News from Lyft

The Case Against Parking Your Money in Uber or Lyft

Despite the hype, shares of both ride-sharing companies have proved disappointing.

The Street

Here Are All the Companies Adding a Fuel Surcharge

Uber, Lyft and Instacart have all added a fuel surcharge to orders on their platforms this week.

The Street

DoorDash Counters Uber and Lyft Surcharges With Friendlier Offer

DoorDash introduces a gas price relief program for its Dashers.

The Street

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Lyft Follows Uber With Costly Solution To Spiking Gas Prices

Ride-share companies are adding fuel surcharges to make up for the cost of gas.

The Street

Lyft details fuel surcharge to help offset rising gas prices

Lyft will add a fuel surcharge of 55 cents to each ride given by its drivers to help offset surging gasoline prices

The Independent UK

New Luxury Ride Startup Tries to Muscle in on Uber, Lyft

Alto features full-time employees and will transition to an all-electric fleet.

The Street

Contractor status keeps rideshare drivers’ pay below minimum wage, report says

The study by the Illinois Economic Policy Institute and researchers at the University of Illinois Urbana-Champaign said the average rideshare driver in Chicago could earn substantially more money if classified as an employee.

Chicago Sun-Times

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‘It’s not worth it’: rising gas prices force drivers to work for less than minimum wage

Drivers already hit by low wages and poor working conditions are spending more time driving to keep their wages the same

The Guardian - US

Minimum pay law for Uber and Lyft drivers proposed in Chicago

CHICAGO — A Chicago alderman has proposed an ordinance that would establish the minimum pay of ride-share drivers in the city, drawing concern from companies like Uber and Lyft that say such regulations would hit riders’ wallets the hardest.

Chicago Tribune

Henry Payne: I rode an autonomous vehicle in Arizona. Here's how it went

TEMPE, Arizona — I secure my seatbelt in the back seat, press the START RIDE button, and my Waymo One Chrysler Pacifica enters traffic on Warner Road, the steering wheel spinning right — then left — into the center lane before slowing for a stoplight.

Tribune News Service

City Council member wants pay hike for Uber, Lyft drivers

Ald. Roderick Sawyer’s proposed ordinance would stop ride-hailing firms from making "record profits" while drivers barely make ends meet. "They need a decent increase. They feel like they’re getting shafted," Sawyer said.

Chicago Sun-Times

Teen attended hearing on weapons charge, then carjacked Lyft and gunned down 15-year-old, prosecutors say

Anthony Brown, 16, allegedly killed Michael Brown Tuesday in Bronzeville.

Chicago Sun-Times

Trading Lyft After Earnings, Uber Before Earnings

Lyft is rallying on earnings. Uber reports tomorrow. Here's how both charts look now.

The Street

Lyft Stock Bounces After Q4 Earnings: 5 Top Analysts React To Revenue Beat, Rider Miss

LYFT Inc (NASDAQ: LYFT) shares traded higher by 2.7% on Wednesday after the company reported a fourth-quarter revenue beat despite disappointing rider growth.

Benzinga

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The Street

Uber and Lyft Are Taking Off. Can We Talk About an Uber-Lyft Merger?

Shares of Uber and Lyft rise on solid earnings. But they remain locked in a Game-of-Thrones-style battle. Might a merger fix their challenges?

Benzinga

Lyft's Q4 Sales Top Views, But Shares Move Lower

Lyft, Inc. (NASDAQ: LYFT) reported better-than-expected earnings results for its fourth quarter after the closing bell on Tuesday.

Investors Business Daily

Dow Jones Rallies As Treasury Yields Retreat; Chipotle, CVS, Lyft Are Key Earnings Movers

The Dow Jones Industrial Average rallied 250 points Wednesday, as Treasury yields fell. Chipotle soared on strong earnings results.

Benzinga

Wedbush Lowers Price Target On Lyft Stock But Still Sees 21% Upside

Wedbush Securities analyst Daniel Ives on Tuesday said he continues to see upside in Lyft Inc.'s (NASDAQ: LYFT) stock despite the mixed earnings results for the fourth quarter.

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news in one place.

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The Street

Disney, McDonald's, Chipotle, Lyft and Stock Markets - Five Things You Must Know

Stock futures power higher as earnings offset inflation concern; McDonald's shares gain on report Carl Icahn seeking board seat; Chipotle shares leap after Q4 earnings beat defies price increases; Lyft shares tumble after muted outlook clouds solid Q4 and Disney earnings on deck with streaming additions in focus

The Street

Lyft, Uber and Others Unite as Driver Wars Move to Washington

A bunch of the gig-economy companies join to fight regulation in Washington state.

Benzinga

Could Lyft Be Seeing A Reversal?

Lyft Inc. (NASDAQ: LYFT) shares are trading higher Tuesday, moving up toward a resistance level within a channel in which the stock has been trading. Lyft is scheduled to report earnings after the bell today.

Benzinga

Looking At Lyft's Recent Whale Trades

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.

Benzinga

What 8 Analyst Ratings Have To Say About Lyft

Within the last quarter, Lyft (NASDAQ:LYFT) has observed the following analyst ratings:

Benzinga

Stock Wars: Lyft Vs. Uber

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

StockNews.com

Better Bet for 2022: Uber vs. Lyft

Shares of Uber (UBER) and Lyft (LYFT) are trading significantly lower compared to their record highs making them an intriguing possible investment for the contrarian investor. While the upside potential for both ride-hailing giants is compelling, let’s see which between the two stocks should you purchase right now.

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