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There’s a winner-take-all fallacy in certain industries, says a hedge-fund manager.

Grab's consumer-finance expansion signals aggressive capital deployment as the super-app pushes deeper into lending, today, Sept. 16, 2026.

Cars can be packed with scented trees and vent clips, making for an “aggressively fresh” ride. Efforts to get drivers to tone it down haven’t worked.

On this episode of Stock Movers: - Meta (META) shares are gaining with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product. - Lyft (LYFT) shares are higher as the ride-hailing company is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it's providing driverless trips. - Apple (AAPL) shares are on the move ahead of today's product unveil. Apple's stock has rallied 15% since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone.

Anthropic could see overwhelming demand and command a valuation near $2 trillion when it goes public, according to Connor Group founding executive Jim Neesen. "I expect Anthropic to be heavily oversubscribed at the time of IPO and well positioned to...

Tesla is holding a an event to showcase its new robotaxi-specific Cybercab model on Thursday. The stock rose about 1.5%.

The ride-hailing company reported a notable insider sale after delivering second-quarter financial results that beat revenue estimates.

Co-founder and former Uber Technologies Inc. CEO Travis Kalanick has said that he does not have any regrets about the ride-hailing giant’s failed bid to acquire rival Lyft Inc. in 2014. Lyft’s Culture Was Very Different In an interview released...

Strategic partnerships now fuel 30% of North American rides as autonomous vehicle operations expand.

Hertz stock is surging again, and retail traders are going all-in with life savings on the line, but a wall of lawsuits, a stretched balance sheet, and no support from peers raises a pointed question about who exactly is driving this trade.

Lyft CEO David Risher discusses the company's growth compared to Waymo, its plans to expand internationally and where Lyft is focused internally. He speaks with Ed Ludlow on "Bloomberg Tech."

Lyft Inc (NASDAQ:LYFT) reported second quarter results that topped analyst expectations for revenue and gross bookings, while the ride-hailing company continued to see growth in riders and rides. Shares traded up 4% at about $17 on Friday morning. Revenue for the quarter ended June 30...

Moby summary of Lyft, Inc.'s Q2 2026 earnings call

Nonfarm payrolls fell by 23,000, marking the first monthly decline in employment in years

Gross bookings rose 23% to $5.5 billion in the second quarter, but net income of $50.3 million fell short of analyst estimates

Per capita GDP and gig employment — but not total employment — grew in the regions where these services launched in the 2010s, the study found.

Lyft (NASDAQ:LYFT) reported record second-quarter operating performance, with more than 30 million active riders and 262 million rides, as the company pointed to growth across North American rideshare, bikes, Canada and its European Freenow business. Chief Executive Officer David Risher said the co

Lyft (LYFT) delivered earnings and revenue surprises of -25.64% and +1.73%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec.

Though its second-quarter gross bookings rose to $5.5 billion, the rideshare company expects bookings in the current quarter to rise at a slower pace of 15% to 19%.

Lyft Inc. (NASDAQ:LYFT) reports second-quarter earnings after the close Thursday following a strong run of headlines: New York taxis joining its platform, robotaxi tests beginning in London and Waymo going live in Nashville ahead of a planned Lyft integration. On...

Today Economic data: Weekly jobless claims, preliminary productivity and costs report for the second quarter, EIA weekly natural gas storage report, Challenger job-cuts report Earnings (a.m.): ConocoPhillips, Warner Bros Discovery, Kenvue, Fox Corp, Hertz, Keurig Dr Pepper, Datadog, Ralph Lauren Earnings (p.

On Aug. 5, 2026, the ride-hailing giant's profit outlook disappointed investors even as gross bookings surged 24% and revenue hit $14.2 billion.

Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.

(Bloomberg) -- Uber Technologies Inc. and UK startup Wayve Technologies Ltd. received permits to launch their robotaxi service in London with a safety driver, getting out ahead of Waymo and Baidu Inc.’s planned rollouts.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty

(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families

Transport for London granted private-hire vehicle licenses to a number of Wayve’s autonomous vehicles, which will operate with a private-hire driver behind the wheel to take control when necessary.

Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.

(Bloomberg) -- Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundChina’s AI Blitz Creates ‘Death Zone’ for Riv

(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders