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23.04.26 - 22:30
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Tesla Plans Additional $25 Billion in Spending | Bloomberg Tech 4/23/2026 (Bloomberg)
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Bloomberg's Caroline Hyde and Ed Ludlow discuss Tesla's plans to spend an additional $25 billion this year to support Elon Musk's AI ambitions. Plus, Intel shares jump after the company pledges to support Musk's advanced chip manufacturing project, Terafab. And, Lyft CEO David Risher discusses the company's international growth plans as the ride-hailing firm buys the London black cab app Gett. (Source: Bloomberg)...
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23.04.26 - 18:12
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Lyft to Acquire London Black Cab App Gett (Bloomberg)
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Lyft has agreed to buy Gett, an app used for requesting black cabs in London. Lyft CEO David Risher says international growth and expansion into capital-light businesses like Gett are key to growing the rideshare company. Risher joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...
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23.04.26 - 14:51
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Lyft Expands in London with Gett UK Acquisition (Business Wire)
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Key takeaways:
Lyft has agreed to acquire Gett's United Kingdom business with close expected in the coming weeks, subject to customary closing conditions.
Gett is one of London's leading black cab apps with strong enterprise business-to-business (B2B) relationships, and brings together the majority of Greater London's registered black cab drivers and will nearly double the number of rides on the Lyft platform in London.
With Gett, Lyft is expanding its coverage of London's full ground transport ecosystem.
This advances Lyft's sustainable global growth strategy, while expanding “out” in more locations and “up” into more high-value segments.
SAN FRANCISCO--(BUSINESS WIRE)--Lyft (Nasdaq: LYFT) has agreed to acquire Gett's UK business, subject to customary closing conditions, with close expected in the coming weeks. Gett is a leading London black cab app, and combined will have the majority of registered black cab drivers across Greater London on the Lyft platform. With the addition of Gett, Lyf...
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19.04.26 - 12:12
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′I don′t want to waste the gas′: Uber and Lyft drivers reeling as fuel prices soar (The Guardian)
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Drivers face dilemma of driving more or cutting back – and support from ride-share giants decried as 'slap in the face'Drivers for Uber and Lyft across the US are spending hundreds more dollars on fuel each month after the US-Israel war on Iran triggered a sharp rise in oil prices.Support offered by the ride-hailing companies amounts to a “slap in the face”, drivers operating their services told the Guardian, as many are forced to choose between driving more to make the same money as previously – or cutting back their miles to reduce costs. Continue reading......
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15.04.26 - 20:54
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Uber and Lyft Gain 7% as Bold Bets on Robotaxis and Buybacks Reignite Investor Excitement (24/7 Wall St.)
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Uber Technologies (NYSE:UBER) stock is up 7% today, rising from $72.91 to $77.76, while Lyft (NASDAQ:LYFT) stock is up 7% as well, climbing from $13.71 to $14.66. Both rideshare giants are surging midday as investors respond to a wave of autonomous vehicle commitments and shareholder-friendly capital moves. So, let's break down what's actually driving the ... Uber and Lyft Gain 7% as Bold Bets on Robotaxis and Buybacks Reignite Investor Excitement...
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10.04.26 - 20:01
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Lyft (LYFT) Trades 31% Below Price Targets After Falling Nearly 50% From 1-Year High (24/7 Wall St.)
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Lyft (NASDAQ:LYFT) currently trades around $13.46, while Wall Street analysts' have a consensus price target of about $19.42. This represents a gap of roughly 44% between the current price and where analysts think the stock should be trading. Lyft is a global mobility platform offering rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, ... Lyft (LYFT) Trades 31% Below Price Targets After Falling Nearly 50% From 1-Year High...
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