Lyft stock is among today’s weakest performers. What’s pressuring LYFT stock?What's Driving the DeclineLyft reported fourth-quarter bookings growth of 18.6% year-over-year, reaching $5.1 billion, but that result still came in below expectations, according Wedbush analyst Scott Devitt. Total rides grew 11.4%, short of Street estimates of 17.3% and below management's own mid‑to‑high‑teens growth outlook.Revenue also missed the mark. Lyft generated $1.6 billion, up just 2.7% year-over-year and roughly 9% below ...

Lyft is down. The ride-hailing company's stock dipped 16% in after-hours trading on Tuesday after it reported fourth-quarter earnings and a 2026 outlook that fell short of expectations.Lyft's revenue rose 3% to $1.59 billion during the quarter, below the $1.76 billion that analysts expected. Its guidance for the first quarter also missed the mark as it said it expects adjusted earnings before interest, taxes, depreciation, and amortization, a measure of profit, of between $120 million and $140 million. Th ...

Uber Technologies Inc. (NYSE:UBER) has emerged as a significant value play this week, as its Benzinga Edge’s value score skyrocketed from 21.72 to 53.90.Uber's Price-Value Gap WidensThis dramatic week-on-week percentile leap occurs despite a 9.23% year-to-date decline in share price, suggesting a widening gap between the company's market valuation and its fundamental performance.The shift follows a record-breaking fiscal fourth quarter characterized by massive gross bookings and robust free cash flow.While ...

Uber Technologies Inc. (NYSE:UBER) has emerged as a significant value play this week, as its Benzinga Edge’s value score skyrocketed from 21.72 to 53.90.Uber's Price-Value Gap WidensThis dramatic week-on-week percentile leap occurs despite a 9.23% year-to-date decline in share price, suggesting a widening gap between the company's market valuation and its fundamental performance.The shift follows a record-breaking fiscal fourth quarter characterized by massive gross bookings and robust free cash flow.While ...

Tesla Inc. (NASDAQ:TSLA) will stop producing the Model S, as well as the Model X, CEO Elon Musk confirmed during the company's fourth-quarter earnings call. Tesla Ends Model S, Model X Production During Tesla's Q4 earnings call on Wednesday, Musk relayed the news to investors and analysts that the automaker would be scrapping its two premium offerings. "It’s time to bring the Model S and X programs to an end with an honorable discharge," Musk said, adding that Tesla intends to "basically stop production" ...

Group 1 - Uber Technologies Inc. is considered one of the best debt-free stocks to buy, with a Buy rating and a $110 price target from Morgan Stanley analyst Brian Nowak, who believes the market undervalues the company [1] - Nowak's analysis indicates that the market is valuing Uber's U.S. mobility business at a 2027 adjusted EBITDA multiple of 7x, which is significantly lower than its mid-teens growth rate, suggesting a discount compared to peers like Lyft [2] - BNP Paribas has initiated coverage of Uber with an Outperform rating and a $108 price target, recognizing Uber as a "mobility and delivery winner" despite upcoming competition in autonomous vehicles [4] Group 2 - Uber operates as a global technology platform connecting consumers with transportation, delivery, and logistics services through its Mobility, Delivery, and Freight segments [5] - There is an expectation of volatility in share prices for Uber and Lyft due to anticipated acceleration in autonomous vehicle development in 2026, but no material financial impact on Uber is expected in the next 24 months [3]

Group 1 - The core theme of the news is the transition of autonomous vehicles from pilot programs to commercial operations, highlighted by NVIDIA's partnerships with Mercedes-Benz and a robotaxi alliance with Lucid and Uber [1] - Waymo plans to expand its services to 12 new cities this year, aiming for over one million weekly rides, indicating significant growth in the autonomous vehicle sector [1] - The iShares Self-Driving EV and Tech ETF (IDRV) provides exposure to the entire autonomous vehicle value chain, holding $168 million in assets and trading at a P/E ratio of around 13, which is considered low for a technology ETF [2][4] Group 2 - IDRV's asset allocation includes major players in the autonomous vehicle ecosystem, such as Tesla (4.7%), Rivian (3.9%), and BYD (3.9%), showcasing a diversified investment approach [2][3] - The fund's equal-weight methodology limits single-company risk, with the top holding representing only 4.7% of assets, which is crucial given the competitive landscape of the autonomous vehicle market [3] - IDRV has outperformed the S&P 500 and Nasdaq-100 over the past year, returning 32% compared to the S&P 500's 18% and Nasdaq-100's 22% [6]

Core Insights - Lucid Motors has unveiled a production-intent robotaxi at CES 2026 in collaboration with Nuro and Uber, marking a significant move into autonomous vehicle services that could transform the company's future [1] Group 1: Product Features and Technology - The robotaxi features a customized Lucid Gravity SUV equipped with advanced autonomous technology, including high-resolution cameras, solid-state lidar sensors, and 360-degree perception capabilities powered by Nvidia's DRIVE AGX Thor computing platform [2] - Innovative features of the robotaxi include halo-mounted LEDs for rider identification, interactive cabin screens for climate and entertainment controls, and real-time visualizations of the vehicle's surroundings [3] Group 2: Business Strategy and Market Position - Lucid Motors aims to diversify its revenue streams, having produced 18,378 vehicles in 2025, which is a 104% increase from 2024, although the company remains unprofitable due to the capital-intensive nature of the automobile industry and increasing competition [5] - The partnership with Nuro and Uber leverages established autonomous technology and a large ride-hailing network, potentially opening up a lucrative market beyond traditional vehicle sales [5] Group 3: Production and Growth - Autonomous testing for the robotaxi began in the San Francisco Bay Area, with plans for commercial service launch later this year and production set to start at Lucid's Arizona factory [4] - Despite challenges such as tariff impacts and supply shortages, Lucid has achieved a production rate of 1,000 vehicles per week, aligning with its goal of producing between 18,000 and 20,000 units in 2025 [6]

Market Performance - U.S. stocks experienced an upward trend, with the Dow Jones increasing by over 400 points, up 0.86% to 49,397.20, while the NASDAQ rose 0.45% to 23,500.32 and the S&P 500 gained 0.48% to 6,934.99 [1] - European shares also saw gains, with the eurozone's STOXX 600 up 0.62%, Spain's IBEX 35 Index rising 0.49%, London's FTSE 100 increasing by 1.15%, Germany's DAX gaining 0.25%, and France's CAC 40 up 0.28% [6] - Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 1.32%, Hong Kong's Hang Seng Index up 1.38%, China's Shanghai Composite surging 1.50%, while India's BSE Sensex fell by 0.44% [7] Sector Performance - Health care shares increased by 2% on Tuesday, indicating a strong performance in this sector [1] - Energy stocks, however, dipped by 1.2%, reflecting a decline in this sector [1] Company News - Alumis Inc. shares surged 132% to $19.30 after positive Phase 3 trial results for envudeucitinib in plaque psoriasis [8] - Aeva Technologies Inc. saw a 25% increase in shares to $16.30 following the selection of its LiDAR technology for NVIDIA's autonomous vehicle platform [8] - Cyclerion Therapeutics Inc. shares rose by 47% to $2.04 due to an expanded collaboration with Medsteer [8] - Instil Bio Inc. shares dropped 51% to $6.05 after discontinuing clinical development of AXN-2510 [8] - MOBIX LABS, INC. shares fell 45% to $0.18 after pricing a $6 million offering of common stock [8] - AngioDynamics, Inc. shares decreased by 15% to $11.22 following disappointing second-quarter results [8] Economic Indicators - The S&P Global services PMI declined to 52.5 in December from 54.1 in the previous month, lower than the preliminary reading of 52.9 [2][10] - The S&P Global composite PMI fell to 52.7 in December, marking the lowest level in eight months, down from 54.2 in the previous month [10]

Core Insights - Lucid Group, Nuro, and Uber have introduced a production-intent robotaxi, which signifies a significant advancement towards the commercial deployment of autonomous vehicles [1] Company Developments - The collaboration between Lucid Group, Nuro, and Uber highlights a strategic partnership aimed at enhancing the development and deployment of autonomous vehicle technology [1]