Lyft to add autonomous shuttles in 2026 as Uber inks more self-driving deals | TechCrunch https://t.co/RoknRKVArm ...

Lyft will add autonomous shuttles made by Austrian manufacturer Benteler Group to its network in late 2026, the company announced Friday. The shuttles will be deployed in partnership with U.S. cities and airports, according to Lyft, but could expand out from there if things go well.The partnership will let Lyft use urban electric shuttles made by Benteler’s mobility division under the Holon brand. The shuttles will not have a steering wheel or pedals and will feature inward-facing seats for up to nine seate ...

Hello and welcome to my Seeking Alpha page. My name is Jack Elias, and I am a dedicated business student with a fervent passion for the world of investing. With a solid foundation in both theoretical knowledge and practical experience, I bring a unique perspective to the realm of financial analysis.My journey into the world of investing began during my undergraduate studies in Finance at Arizona State University, where I developed a keen interest in dissecting financial markets and evaluating investment opp ...

Market Overview - The market capitalization of major US stocks shows varied performance, with Oracle at 762.30 billion, Mastercard at 321.36 billion, and Visa at 770.15 billion, reflecting increases of +0.66%, +0.86%, and +0.68% respectively [3] - Exxon Mobil's market cap is 679.53 billion, with a slight decrease of -0.98%, while Johnson & Johnson and Netflix show minor changes of -0.08% and -0.05% respectively [3] - Companies like Wells Fargo and Cisco have market caps of 270.15 billion and 279.59 billion, with respective increases of +0.98% and -0.58% [3] Notable Stock Movements - T-Mobile US Inc experienced a significant increase of +6.20%, reaching a market cap of 272.19 billion [3] - General Electric and Coca-Cola saw market caps of 285.05 billion and 298.76 billion, with increases of +0.37% and +0.91% respectively [3] - Companies like Disney and Goldman Sachs have market caps of 229.06 billion and 221.80 billion, with slight changes of +0.01% and -0.60% [3] Sector Performance - The technology sector shows mixed results, with Intel at 991.05 billion, down -3.28%, while AMD increased by +2.46% to 254.92 billion [5] - The consumer goods sector is represented by companies like Procter & Gamble and Coca-Cola, with market caps of 371.68 billion and 298.76 billion, showing slight increases [3][4] - The energy sector, represented by Exxon Mobil and Chevron, shows varied performance, with Exxon down -0.98% and Chevron up +0.66% [3] Summary of Key Companies - Oracle's market cap stands at 762.30 billion, reflecting a positive trend [3] - Mastercard and Visa show strong performance with market caps of 321.36 billion and 770.15 billion, both increasing [3] - Companies like Pfizer and Comcast have market caps of 1579.81 billion and 1332.00 billion, with Pfizer showing minimal change and Comcast down -3.16% [4][5]

Lyft is letting riders “favorite” or “block” their rideshare drivers. It's part of a bigger effort to keep both users and drivers on the platform https://t.co/n9BeBSDkYk ...

Company Performance - Lyft closed at $14.76, reflecting a -1.14% change from the previous day, underperforming the S&P 500's gain of 0.54% [1] - Over the past month, Lyft shares gained 1.63%, lagging behind the Computer and Technology sector's gain of 5.77% and the S&P 500's gain of 4.2% [1] Earnings Projections - The upcoming EPS for Lyft is projected at $0.27, indicating a 12.50% increase year-over-year [2] - Revenue is expected to reach $1.61 billion, representing a 12.28% growth compared to the same quarter last year [2] Fiscal Year Estimates - For the fiscal year, earnings are projected at $1.1 per share and revenue at $6.51 billion, reflecting increases of +15.79% and +12.5% respectively from the prior year [3] - Recent analyst estimate revisions are seen as a positive indicator for Lyft's business outlook [3] Valuation Metrics - Lyft is currently trading at a Forward P/E ratio of 13.57, which is below the industry average Forward P/E of 19.88 [6] - The company has a PEG ratio of 0.66, compared to the Internet - Services industry's average PEG ratio of 1.54 [6] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 73, placing it in the top 30% of over 250 industries [7] - Historically, the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1 - Lyft is experiencing positive market signals due to rising vehicle ownership costs and Tesla's underwhelming response to its autonomous taxi service in Austin, creating an opportunity for Lyft to narrow the gap with Uber [1] - Analysts from Oppenheimer believe that the previous pessimistic expectations regarding autonomous driving technology disrupting ride-sharing demand have been broken, indicating that traditional ride-sharing services still have a solid market foundation [1] - Since Lyft's Q1 earnings report in May, consumer demand and industry competition have not shown significant changes, providing stable expectations for market performance in Q2 and the second half of the year [1] Group 2 - Analysts expect Lyft to gradually achieve meaningful EBITDA margin expansion, allowing the company to pursue value-accretive acquisitions and potentially initiate stock buyback plans to enhance shareholder value [1] - Oppenheimer maintains an "outperform" rating on Lyft, raising the target price by $3 to $20, which represents a 25% upside from the closing price on Monday [1] - There is a divergence in market ratings for Lyft, with Seeking Alpha giving a "buy" rating while Wall Street analysts generally hold a "hold" view [2]

Core Insights - The retail investment community is increasingly relying on complex indicators, neglecting fundamental investment strategies that have proven effective over time [1] - Earnings per share (EPS) growth is a crucial metric for assessing a company's profitability and future potential, especially when combined with macroeconomic conditions and market sentiment [2] Company Summaries Micron Technology - Micron Technology has shown a significant turnaround, with a 12-month stock price forecast of $146.21, indicating a potential upside of 21.92% from the current price of $119.92 [3] - The stock experienced a remarkable rally of up to 88.5% recently, capturing Wall Street's attention and leading to a valuation target of $200 per share by analysts [4][5] - EPS for the fourth quarter of 2025 is expected to reach $2.04, a 7% increase from the current $1.91, with a consistent track record of beating expectations throughout 2025 [6] Lyft - Lyft's 12-month stock price forecast stands at $16.67, suggesting a modest upside of 3.75% from the current price of $16.07 [8] - Institutional investors, particularly the Vanguard Group, have increased their holdings in Lyft by 5.7%, indicating confidence in the company's future performance [9] - EPS forecasts for Lyft predict a rise to $0.05 in the fourth quarter of 2025, a fivefold increase from the current $0.01, which is crucial for future stock price performance [10] Spotify - Spotify's 12-month stock price forecast is $660.28, reflecting a downside of 10.46% from the current price of $737.40 [11] - The company benefits from a stable subscription model, which supports consistent EPS growth, leading to a Buy rating and a valuation target of $900 per share from analysts [12] - Analysts expect Spotify to achieve high double-digit percentage growth in EPS, contributing to a projected 25% upside in the stock price moving forward [13]

Group 1 - The article emphasizes the importance of experience in analyzing diverse industries such as airlines, oil, retail, mining, fintech, and ecommerce, highlighting the value of understanding macroeconomic, monetary, and political drivers [1] - The author reflects on their extensive experience through various crises, including the dotcom bubble, 9/11, the great recession, and the Covid-19 pandemic, which enriches their analytical capabilities [1] - The article suggests that continuous learning and application of experience are crucial for unraveling new ideas, technologies, innovations, and business models [1]

Core Insights - Appaloosa's billionaire chief, David Tepper, is reducing exposure to major tech stocks in favor of a high-growth stock with double-digit growth potential [6][7] - Tepper's recent selling activity includes significant reductions in positions in Nvidia, Meta Platforms, and Amazon, which may indicate profit-taking or concerns about potential downside risks in the AI sector [8][9][11] - Tepper has made a substantial investment in Lyft, increasing his stake by 1,825% over the past year, indicating confidence in the ride-sharing market's growth potential [15][18] Investment Strategy - Tepper's fund has been actively selling positions in the "Magnificent Seven" tech stocks, including a 3% reduction in Alphabet's Class C shares and purchasing put options on Apple [7][8] - The decision to sell may be influenced by valuation concerns, particularly with Nvidia's high price-to-sales ratio of over 26, which is more than double its peers [11][12] - Lyft's improved key performance indicators, including a 16% increase in total rides and 11% growth in active riders, have made it an attractive investment compared to competitors like Uber [18][20] Market Trends - The global ride-sharing market is projected to grow significantly, with estimates suggesting a rise from $87.7 billion in sales in 2025 to over $918 billion by 2033, reflecting a compound annual growth rate of 21% [17] - Lyft is diversifying its revenue streams through digital advertising, which could enhance its margins and overall profitability [21][22] - Despite Lyft's recent success, concerns remain about its ability to navigate potential economic downturns [22]