Lyft Inc

Tony Xu, co-founder and chief govt officer of DoorDash Inc., smiles through the Wall Avenue Journal Tech Stay convention in Laguna Seaside, California, U.S., on Tuesday, Oct. 22, 2019.Martina Albertazzi | Bloomberg | Getty PicturesSupply…

Tech shares noticed a rebound in buying and selling final week, as a lighter-than-expected inflation studying spurred hopes that the U.S. Federal Reserve would quickly mood its aggressive tempo of financial coverage tightening. The…

Lyft 's newest earnings report underscores why Uber is the inventory to personal within the ongoing battle between the 2 ridesharing corporations, in keeping with Evercore ISI. Analyst Mark Mahaney downgraded Lyft's inventory to in line…

In an e mail to workers obtained by CNBC, CEO Logan Inexperienced and President John Zimmer pointed to what they known as "a possible recession someday within the subsequent yr" and rising rideshare insurance coverage prices. However…

Chime app on smartphoneSupply: ChimeChime is among the newest personal tech companies to announce layoffs amid a worsening financial outlook and a latest wave of cuts from each private and non-private corporations.An organization…

US shares closed decrease for a second straight session on Tuesday after information indicating that the labor market remained on stable floor dimmed hopes the Federal Reserve may need sufficient cause to start decreasing the scale of…

Inventory markets posted constructive returns final week regardless of firmly remaining in a bear market extra broadly. The MSCI World index rose 3.8% between Monday and Friday final week, with the S & P 500 and the Nasdaq within the…

Pepsi merchandise are displayed on the market in a Goal retailer on March 8, 2022 in Los Angeles, California.Mario Tama | Getty PicturesTry the businesses making the largest strikes noon Wednesday:Moderna — Shares of Moderna surged 8.28%…

Try the businesses making headlines earlier than the bell:PepsiCo (PEP) – The snack and beverage maker reported an adjusted quarterly revenue of $1.97 per share, 13 cents above estimates, with income additionally topping forecasts.…

Uber CEO Dara Khosrowshahi is interviewed on the buying and selling ground on the New York Inventory Alternate (NYSE) in New York, August 2, 2022.Andrew Kelly | ReutersThe Biden Labor Division launched a proposal Tuesday that might pave…