Lyft Is a Strong Competitor in the North American Ridesharing Space
At the end of 2023, Lyft had $846 million in net cash on its balance sheet. It burned $98 million in cash from operations in 2023, less than the $237 million in 2022, mainly due to lower insurance ...
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported a net loss of $12.4 million, or 3 cents a share, compared with $12.1 million, or 3 cents a share, in the same quarter last year. The per-share figure was in line GAAP estimates from ...
Qualcomm's rosy forecast sends stock surging, and more buybacks may be on deck
Qualcomm Inc. blew away Wall Street on Wednesday with its forecast for the current quarter while announcing that it's upping its buyback program by $15 billion.
AMC reports better-than-expected Q3 results amid improving box office
AMC Entertainment Holdings Inc. reported better-than-expected third-quarter revenue and a narrower loss after market close Wednesday, with the movie-theater chain and original meme stock pointing ...
After Trump's Victory, One Company Prepares to Shift Production From China
Clayton said the company is already responding to Trump's election, including by moving more of its production out of China as quickly as possible to protect itself against any new U.S. tariffs. "We ...
TikTok Canada Unit Ordered to Dissolve Operations on National-Security Concerns — 2nd Update
OTTAWA--Canada said Wednesday it ordered TikTok Technology Canada, the domestic unit of the social-media app's Chinese owner, to dissolve its business operations due to national-security concerns.
Texas School District Selling $90 Million of Bonds For New Buildings, Equipment
The Sheldon Independent School District in Harris County, Texas, is selling $90 million of unlimited tax school building bonds, which will pay for construction and equipment for the area's fastest ...
Stocks to Watch: Qualcomm, Lyft, Zillow Group, Digital Turbines
Zillow Group narrowed its loss and beat analysts' revenue expectations in the third quarter. The home-listing site posted a net loss of $20 million, compared with $28 million a year earlier. Revenue ...
Nutrien Sees Strong Crop Nutrient Demand in North America — Commodity Comment
Crop inputs and services company Nutrien said it is seeing strong crop nutrient demand in North America for the fall application season after lower field activity in the third quarter. On agriculture ...
'It strikes me as vengeful': My friend wants to boycott a coffee shop because of the owner's political views. Is this what America has become?
I'm a member of a Facebook group in the Coachella Valley and someone posted a photo of the owner of a coffee shop supporting [name redacted] and asked people to boycott their business. Is this what ...
Here's how much was wagered on the 2024 presidential election on these betting markets
On ForecastEx LLC, a wholly-owned subsidiary of Interactive Brokers (IBKR), $538 million was wagered on the 2024 presidential election as of Nov. 6, a company spokesperson told MarketWatch.