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Uber Technologies Inc (NYSE:UBER) And LYFT Inc (NASDAQ:LYFT) Strive To End Driver Shortages By Offering Bonuses

The outbreak of the coronavirus brought Ride-hailing to its knees, and that was back in 2020. LYFT Inc (NASDAQ:LYFT) and Uber Technologies Inc (NYSE:UBER) reported losses, but things seem to be taking a different turn lately. The companies attribute the impressive changes to the government’s vaccination programs in the previous month. Return to normalcy The […]

Uber Technology Inc. (NYSE:UBER) And Lyft Inc. (NASDAQ:LYFT) Operations In Major Cities Linked To Car Ownership Increase

Uber Technology Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT) operations in several urban areas have been associated with an increase in car ownership by 0.7% on average per capita. This is according to research published in the journal of iScience that analyzed data from major cities in the US between 2011 and 2017. Ridesharing linked to […]

Uber Technologies Inc. (NYSE:UBER), And Lyft Inc. (NASDAQ:LYFT) Drivers To Continue Working As Independent Contractors

Uber Technologies Inc. (NYSE:UBER), Lyft Inc. (NASDAQ:LYFT) drivers, and workers of gig economy companies in California will continue to be treated as independent contractors after voters approved Proposition 22. This is a ballot measure allowing companies not to be treated as employees, which voters reportedly passed by 58%. Gig economy workers to continue as independent […]

COVID-19 Pandemic Affected Uber (NYSE:UBER) And Lyft (NASDAQ:LYFT) Drivers Most As Calls For Their Reclassification Grow

Uber Technologies (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT) drivers have been among the most affected by the pandemic because the stay at home measures has impacted demand for-hire car business. Ridesharing drivers most affected by the pandemic The pandemic has done a lot of damage, which shows there is a need to change and fix relationships […]

LYFT Inc (NASDAQ:LYFT) Replaces The All-Access Plan With The Cheaper Lyft Pink Membership

In an effort to serve its customers better, LYFT Inc (NASDAQ:LYFT) replaced the All-Access plan with the revamped and cheaper Lyft Pink Membership. The All-Access Plan required the Lyft users to pay $299 every month, to access 30 trips within that month. However, each of these 30 trips had a limit of $15. With the […]

LYFT, EDNT, or WORK:  Which is the Most Interesting Nasdaq Bargain Bet? 

The bull market remains in place. But there are plenty of stocks that sit at cheap levels relative growth, even in the hi-tech Nasdaq space. We are going to take a look at three different Nasdaq plays that each can make an argument for “bargain” status as high-growth innovation-centric market ideas: LYFT Inc (NASDAQ:LYFT), Edison […]