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Lyft Inc

Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

by Ev Richard
Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion

Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated of …

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Categories Technology

Trustly posts 51% profit jump; CEO says IPO at least 2 years out

by Ev Richard
Trustly posts 51% profit jump; CEO says IPO at least 2 years out

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away from happening, …

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Categories Technology

Jim Cramer’s takes on Uber, Lyft, DoorDash and Instacart

by Adrian Jhonsan
Jim Cramer’s takes on Uber, Lyft, DoorDash and Instacart

CNBC’s Jim Cramer on Monday provided his take on four major stocks in the gig economy sector: Uber, Lyft, DoorDash and Instacart parent Maplebear. “After hearing from all of these …

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Categories World

Earnings from Disney, Uber and Warner Bros.

by Adrian Jhonsan
Earnings from Disney, Uber and Warner Bros.

CNBC’s Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber, Disney and Warner Bros. Discovery. …

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Categories World

A successful Reddit IPO would be bad news for the bull market

by Adrian Jhonsan
A successful Reddit IPO would be bad news for the bull market

There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, …

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Categories World

All of AMC’s revenue growth came from Taylor Swift and Beyoncé films

by Adrian Jhonsan
All of AMC’s revenue growth came from Taylor Swift and Beyoncé films

Popcorn buckets are pictured during the “Taylor Swift: The Eras Tour” concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. Valerie Macon | AFP …

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Categories World

EV boat maker Arc debuts a premium wake sport model for $258,000

by Adesola Mojo
EV boat maker Arc debuts a premium wake sport model for 8,000

Arc Boat Company’s fully electric Arc Sport model gets four to six hours of typical use on a single charge. Arc Boat Company Arc Boat Company began sales of its …

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Categories Automobile

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

1. Record run Here are the most important news items that investors need to start their trading day: The S&P 500 closed above 5,000 on Friday for the first time …

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Categories Politics

Lyft shares jump over 35%, retaining some gains after forecast error

by Adrian Jhonsan
Lyft shares jump over 35%, retaining some gains after forecast error

An empty Lyft pick-up area is shown as rideshare drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow …

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Categories World

Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

by Ev Richard
Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

Lyft CEO David Risher took responsibility for the major error that appeared in the company’s fourth-quarter earnings release, telling CNBC’s “Squawk Box” that it’s “super frustrating” for everyone on the …

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Categories Technology
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