Ride sharing service Lyft (NASDAQ: LYFT) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 10.6% year on year to $1.59 billion. Its GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.
A strategist said he favors growth over value, large caps over small caps, and the communication services and financials sectors as the market navigates through tariff headwinds.
A number of stocks jumped in the pre-market session after markets rebounded following a sharp sell-off in the previous trading session, as a weaker-than-expected U.S. jobs report fueled speculation that the Federal Reserve will cut interest rates in September.
Baidu and Lyft partner to launch autonomous ride-hailing services in Europe, using Baidu's RT6 vehicles. Both companies' shares rise after announcement.
Under Ellison’s leadership, Skydance released films like ‘Top Gun: Maverick,’ ‘Mission Impossible: Dead Reckoning’ (Parts 1 and 2), and ‘World War Z,’ among others.
A clean balance sheet can signal disciplined management and stability.
It also means a company can expand and thrive without relying on borrowed capital.
Analyst reiterates buy rating on Mobileye (MBLY) with $18 price target. Stock traded lower due to conservative Q4 outlook, but Q3 guidance beat consensus.
