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Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...
Driverless taxis are coming to Europe. American ride-hailing company Lyft has announced a partnership with Chinese tech giant Baidu to begin offering robotaxis in Germany and the UK starting in 2026.
Lyft plans to deploy Baidu Apollo Go's RT6 robotaxis in Germany and the U.K. starting next year, pending regulatory approvals.
In terms of research and development, Uber and Lyft have pulled back from capital-intensive autonomous technology. While this has boosted near-term profitability, it also introduces some uncertainty ...
Lyft's discounted valuation, strong bookings, and strategic growth position it as a strong buy. Read here for an investment ...
For just a minute, can we put aside relentless fundraising from artificial intelligence startups? Let’s give some airtime to ...
He added: "While Lyft's results were robust, investors are likely selling off the stock because it is growing far slower than Uber, owns less of the ride-share market, and is far less aggressive in ...
Key Points GAAP revenue for Q2 2025 was $1.60 billion, missing analyst estimates by 0.68% (GAAP), Revenue was $1.59 billion, missing analyst estimates by 0.68%, but rising approximately 10.6% ...
Lyft's quarterly revenue miss overshadowed an upbeat gross bookings forecast for the September-quarter on Wednesday, as the ...
With partnerships including DoorDash and Chase already in place, Lyft's entry into Europe positions the company to extend ...
Uber’s rideshare division missed Wall Street estimates, disappointing investors who were looking for signs of more robust ...
Lyft missed second-quarter revenue estimates on Wednesday, weighed down by intensifying competition with Uber and weakening U ...