The Latest Breaking News from Lyft

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Detroit rapper Dank Demoss (real name Dajua Blanding) has won a confidential settlement against Lyft after a driver told her she was too big to ride in his car, sparking debate about weight discrimination rights in Michigan.

Amazon founder Jeff Bezos taught Lyft's CEO that customers are “fickle”—and it inspired his curveball interview.

“The driver was fired, she bought a van, and now rolls with her own chauffeur,” a viral tweet celebrating the outcome claimed.

While both are aggressively expanding, one has an upper hand.

Lyft stock is surging after striking a fleet management deal with Waymo, fueling optimism about its growth trajectory.

Lyft (NASDAQ:LYFT) is stepping into the autonomous vehicle (AV) spotlight with its first partnership with Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, aiming for profitable rides from day one while challenging Uber’s (NYSE:UBER) dominance and positioning itself for accelerated growth.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Lyft just made its biggest move in autonomous driving to date, partnering with Alphabet's Waymo. Are shares now ready to win long-term?

As the U.S. ramps up its focus on autonomous driving, companies like Tesla Inc. (NASDAQ:TSLA), Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, as well as Amazon.com Inc.'s (NASDAQ:AMZN) Zoox are driving the sector forward.

The next decade is expected to be a rocket ship ride for the driverless vehicle market, with total revenues projected to rise from $87.2 billion in 2024 to $991.7 billion by 2033, representing a compound annual growth rate of 4.7%, according to Research Markets.