OneRail Expands Final-Mile Delivery Network With 1 Million Additional Drivers
OneRail has expanded its final-mile delivery offerings to include an additional 1 million couriers as part of its Logistics Partner Network.
Do Gig Workers Want To Be Employees? It Depends Who You Ask
In the last few weeks, there have been surveys that suggest that rideshare drivers and other independent contractors would rather have full-time employment – except for those who don't.
Daiwa Capital Upgrades Lyft to Outperform, Lowers Price Target to $56
Daiwa Capital analyst Jairam Nathan upgrades Lyft (NASDAQ:LYFT) from Neutral to Outperform and lowers the price target from $59 to $56.
What’s Up With Uber And Lyft Today?
Uber Technologies Inc (NYSE: UBER) shares are trading lower by 4.26% at $49 after the company reported first-quarter earnings results.
Lyft Stock Is Trading Higher On Q1 Earnings Beat, Growth Expectations
Lyft Inc (NASDAQ: LYFT) reported a first-quarter FY21 revenue decline of 36% year-on-year $609 million, beating analyst consensus of $557.25 million. The…
8 Stocks Moving In Tuesday’s After-Hours Session
Gainers
Activision Blizzard (NASDAQ: ATVI) shares are trading higher after the company reported Q1 earnings results and issued Q2 guidance.
Notable Earnings For After-Hours Session Tuesday, May 4, 2021: AKAM, TMUS, ATVI, ANET, LYFT, ZG, MTCH, SKLZ, XLNX
Akamai (AKAM) - results expected out around 4:01 p.m. EDT
T-Mobile (TMUS) - expected out at 4:01 p.m.
Activision Blizzard (ATVI) - 4:05 p.m.
Arista Networks (ANET) - 4:05 p.m.
Lyft (LYFT) - 4:10 p.m.
Zillow (ZG)
Earnings Scheduled For May 4, 2021
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.
Car Rental Companies Are Buying Used Cars Due To Chip Crisis: Bloomberg
The semiconductor chip crisis-fueled car production cuts have compelled the rental-car companies like Hertz Global Holdings Inc (OTC: HTZGQ) and Enterprise Holdings Inc to purchase…
ROCE Insights For Lyft
In Q4, Lyft (NASDAQ:LYFT) posted sales of $569.90 million. Earnings were up 0.02%, but Lyft still reported an overall loss of $453.43 million. Lyft collected $499.74 million in revenue during Q3, but reported earnings showed a $453.35 million loss.