Core Insights - Lyft, Inc. has appointed Deborah Hersman to its Board of Directors, effective January 25, 2026, enhancing the board's expertise in safety and regulation [1] - Hersman brings over three decades of experience in transportation safety, having previously served as Chief Safety Officer at Waymo and President and CEO of the National Safety Council [1] - The addition of Hersman is seen as a strategic move to support Lyft's growth in the rideshare and autonomous vehicle sectors [1] Company Developments - Deborah Hersman will also serve on the Nominating and Corporate Governance Committee of the Board [1] - Hersman has been involved with various organizations, including ONE Gas and NiSource, and has a strong background in safety advocacy [1] - Lyft is preparing to release its financial results for Q4 and full-year 2025 on February 10, 2026, followed by a conference call to discuss these results [1] Strategic Partnerships - Lyft has announced a strategic partnership with Curb to connect Lyft riders with Curb's network of drivers through the Curb Flow platform, starting in Los Angeles [1] - This partnership aims to expand Lyft's service offerings and enhance rider experience by integrating with existing taxi services [1]

Financial Performance - Uber's stock has increased nearly 48% since early January, driven by strong financials, with Q2 revenue climbing 18% and operating income surging 82% [1] - The company has a current valuation of $194 billion with revenue of $47 billion, trading at $92.95, reflecting a revenue growth of 18.2% over the past 12 months and an operating margin of 9.5% [7] Strategic Initiatives - Investors are optimistic about Uber's autonomous vehicle strategy, particularly its partnership with Waymo, which is expected to provide long-term cost efficiencies [1] - A $20 billion stock buyback plan indicates management's increasing confidence in the company's outlook and aims to enhance shareholder value [1] Market Resilience - Uber's stock has historically performed worse than the S&P 500 during economic downturns, with a decline of 67.6% from a peak of $63.18 on February 10, 2021, to $20.46 on June 30, 2022, compared to a 25.4% drop for the S&P 500 [8] - Despite past declines, Uber's stock fully regained its pre-crisis high by December 27, 2023, and reached a high of $98.85 on September 15, 2025, currently trading at $92.95 [8] Historical Performance - The stock experienced a decline of 64.1% from a peak of $41.27 on February 11, 2020, to $14.82 on March 18, 2020, compared to a 33.9% decline for the S&P 500, but fully recovered by November 5, 2020 [10]