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"Fewer than ten" Waymo cars are operating in Manhattan and "parts of Downtown Brooklyn," a company spokesperson told Crain's.
If you can't beat them, join them. That, it seems, is a key part of the strategy for Uber Technologies (UBER) as the company faces a burgeoning roster of competitors in the autonomous vehicle (AV) ...
Pershing Square Capital Management's billionaire chief has sold most of his fund's stake in Chipotle over seven years, and is ...
Uber shares have rallied 60% to a record this year as partnerships with robotaxi startups like Alphabet Inc.’s Waymo and ...
Grist reports Uber’s new Route Share program resembles buses, raising concerns about its impact on transit systems and the ...
Uber's global scale, profitability, and execution make it a safer, long-term investment vs. Lyft's speculative growth ...
Ramping competition in the autonomous vehicle market could be a blessing in disguise for Lyft, TD Cowen says. Analyst John Blackledge upgraded Lyft stock to Buy from Hold in a research note Tuesday.
Uber has agreed to support statewide legislation that would give drivers union rights but keep them classified as independent contractors, a union alliance said.
Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20. Strong growth despite competition.
The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock.
Greater competition has exposed how vulnerable Lyft is to Uber copying its innovations, reducing prices and “stealing away its key partners,” the analyst tells investors in a research note.
(Reuters) - Lyft shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year are expected to continue in 2025, as it tries to match ...
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