lyft
Tl;drUne faute de frappe a provoqué un pic des actions de Lyft.La marge envisagée était de 0,5% et non de 5%.Le PDG de Lyft assume l’erreur.Grève des chauffeurs Lyft prévue pour de meilleures conditions de travail.La faute de frappe qui enflamme Wall StreetDans une série d’événements qui pourrait faire l’intrigue d’un film hollywoodien, une minuscule faute de frappe dans un rapport de revenus a créé une véritable tempête financière. C’est précisément ce qui s’est passé pour Lyft, dont les actions ont connu une ascension fulgurante d’environ 70% après la clôture des marchés boursiers mardi, com...
Begeek FR
A typo in US ride-hailing service Lyft's latest earnings report gave the Uber rival's shares an extraordinary rollercoaster ride. When presenting its quarterly figures, Lyft announced that the adjusted profit margin would improve by 500 basis points, or 5%, in the current year, in what would have been a spectacular improvement in profitability - last year, the adjusted margin was just 1.6%. Chief financial officer Erin Brewer later clarified in a conference call with analysts about half an hour later that the figure in the press release contained one zero too many and that the margin was forec...
DPA Breaking News
Ein Tippfehler bei der Geschäftsprognose hat der Aktie des Uber-Rivalen Lyft eine außergewöhnliche Achterbahnfahrt beschert. Zunächst schoss der Kurs im nachbörslichen Handel um mehr als 60 Prozent hoch - und sackte dann nach der Korrektur des Ausblicks steil ab. Der Fahrdienst-Vermittler stellte bei der Vorlage von Quartalszahlen in Aussicht, dass die bereinigte Gewinnmarge sich im laufenden Jahr um 500 Basispunkte (also fünf Prozentpunkte) verbessern werde. Das wäre eine spektakuläre Verbesserung der Profitabilität: Im vergangenen Jahr lag die bereinigte Marge bei gerade einmal 1,6 Prozent. ...
DPA (German)
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Tech stocks lifted the Nasdaq to a small gain Thursday, but rival gauges slipped US Stocks drifted like a summer breeze on Thursday before settling mixed, portraying investors who’ve fixed their positions ahead of Friday’s US jobs report. The Nasdaq composite index, led by the world’s largest tech companies, continued to charm the market and settled up 0.4%, while the S&P 500 Index slipped 0.8% and the Dow Jones Industrial Average shed 0.3%. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorTrading across the S&P 500's 11 industry sectors was mixed as energy fe...
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Sidney Wolf, a 43-year-old man who used to work for the former governor of New York, Andrew Cuomo, was killed after being struck by a car early in the morning in Delaware a few days ago. Police say Wolf was standing on the highway after he and five friends were kicked out of a Lyft ride. Wolf was riding from Dewey Beach to Bethany Beach around midnight. A Delaware State Police report says “a disagreement occurred between the group and the Lyft operator. The Lyft operator terminated the ride and stopped in the middle of the southbound left lane and demanded all six passengers exit the vehicle.”...
uInterview.com
More than one in four S&P 400 constituents are down at least 20% this year. On the flip side, less than two dozen names are up 20% or more year-to-date. The rough start to 2022 for U.S. stocks is evident in virtually all broad indices (energy-focused benchmarks aside). Yet it is the mid-cap space where some of the most intriguing buy opportunities are forming. Q1 2022 hedge fund letters, conferences and more Buyers beware. While there are plenty of stocks trading at steep discounts to where they began the year, not all are bargains. Plenty could very well see more downside as the market punish...
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“The labour crunch has turned from a headache into a severe migraine for Lyft as it faces an uphill battle in the big fight to attract drivers back into its ranks. Lyft’s Labor Cost IssueAs demand for ride hailing services fell off a cliff during the pandemic, some of its most reliable recruits got out from behind the wheel and found new positions in other sectors. With hospitality also starved of staff as the economy re-opened it’s become tough to attract drivers back without the lure of bigger incentives. Instead of being seen as a nimble player using tech efficiencies to streamline costs, L...
ValueWalk
New York (AFP) - Just over 4,000 sexual assaults that occurred during Lyft trips were reported to the US ride-hailing company from 2017-2019, the firm said in its first-ever safety report. California-based Lyft, which faces sex assault lawsuits from passengers, had pledged transparency in 2019 after rival Uber released a report on safety matters. Lyft says that while sexual violence is statistically rare, it is a serious problem. "Behind every report is a real person and real experience, and our goal is to make each Lyft ride as safe as we possibly can," Jennifer Brandenburger, Lyft's direct...
AFP
Rowan Street Capital commentary for the second quarter ended June 30, 2021, discussing their investments in Spotify Technology SA (NYSE:SPOT) and Facebook, Inc. (NASDAQ:FB). Q2 2021 hedge fund letters, conferences and more Dear Partners and Friends, Rowan Street Capital celebrated its 6 year anniversary in March. It’s been an amazing and truly rewarding journey full of lessons, ups and downs, successes and challenges. In our very first letter to partners back in 2015 we wrote: “Our vision is to build something special at Rowan Street Capital where our partners can visualize themselves as part ...
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