The Latest Breaking News from Lyft

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Side hustles are no longer just for millennials trying to crush student debt—retirees are getting in on the action, too. From freelancing to flipping furniture, older Americans are using side gigs to supplement Social Security and savings. But there’s one big catch: the IRS is watching. In recent years, the…

Tesla's robotaxi service launched in Texas on 22 June 2025, offering £3.36 ($4.20) autonomous rides via an invite-only app.

Uber Technologies' stock has soared since reporting strong Q1 results on May 7. But that may mean it could be open to profit taking. Nevertheless, its long-term value is higher based on its strong free cash flow and FCF margins.

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Lyft produced strong Q1 results with record trailing 12-month (TTM) free cash flow. Since then, LYFT stock has skyrocketed. It may have discounted the good news. But if LYFT keeps making high FCF margins, it could rise further.

Lyft's achievement of profitability and expanded share buyback program have boosted investor sentiment and driven stock price gains.

The S&P 500 Index ($SPX ) (SPY ) Friday closed down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.01%. June E-mini S&P futures (ESM25 ) are down -0.07%, and June E-mini Nasdaq futures...

Lyft stock rallies after the ride-hailing firm reported a strong Q1 and increased its share repurchase authorization. Goldman Sachs says it’s not too late to invest in LYFT shares.