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Reuters - 2 giờ trước

Gig driver unions, tipped worker pay among labor issues on US state ballots

Gig driver unions, tipped worker pay among labor issues on US state ballots By Daniel Wiessner Nov 1 (Reuters) - Voters in states across the U.S. will weigh in on a handful of consequential, and in some cases unprecedented, ballot proposals on labor and employment issues in the Nov. 5 election. MASSACHUSETTS UBER, LYFT DRIVERS Massachusetts could become the first state to provide a path for "gig" drivers to join a union if voters approve the ballot proposal known as Question 3. It would establis
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Reuters - 3 giờ trước

What to Watch in the Week Ahead and on Monday, November 4

What to Watch in the Week Ahead and on Monday, November 4 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY On the U.S. economic front, the Commerce Department's Census Bureau is set to show that factory orders likely dropped 0.4% in September after falling 0.2% in August.
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Reuters - 1 ngày trước

DoorDash gains after forecasting strong Q4

BUZZ-DoorDash gains after forecasting strong Q4 ** Shares of food delivery firm DoorDash DASH.O up 1.3% at $157.12, hits highest since Dec 2021 ** Co forecast Q4 core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using the platform during the holiday period ** Co also posted a profit for the first time since going public in late 2020 and beat quarterly revenue estimates ** In Q3, co's total orders jumped 18% Y-o-Y to 643 mln ** Co also announced a partne
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Reuters - 1 ngày trước

Uber shares slide as slowing bookings growth spooks investors

UPDATE 3-Uber shares slide as slowing bookings growth spooks investors Gross bookings forecast slightly below estimates Net income includes $1.7 billion pre-tax gain Q3 revenue beats on lower driver incentives, refunds Updates share movements in paragraphs 1 and 4, adds investor comment in paragraph 3 By Akash Sriram Oct 31 (Reuters) - Uber Technologies UBER.N signaled a further slowdown in its mainstay app-based taxi business as it forecast fourth-quarter gross bookings below Wall Street estima
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Reuters - 1 ngày trước

Uber beats third-quarter profit estimates, gross bookings growth slows

Uber beats third-quarter profit estimates, gross bookings growth slows Gross bookings forecast slightly below estimates Net income includes $1.7 billion pre-tax gain Q3 revenue beats estimates on lower driver incentives, refunds Oct 31 (Reuters) - Uber Technologies UBER.N edged past quarterly profit estimates but gross bookings grew at its slowest pace in over a year, suggesting riders were opting for less expensive public transportation over taxis.
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Reuters - 2 ngày trước

DoorDash forecasts strong fourth quarter, bets on demand for online delivery

UPDATE 2-DoorDash forecasts strong fourth quarter, bets on demand for online delivery Adds analyst comments in last two paragraphs, updates shares in paragraph 10 By Ananya Mariam Rajesh Oct 30 (Reuters) - DoorDash DASH.O forecast fourth-quarter core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using the platform to order groceries to beauty products during the holiday period.
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Reuters - 2 ngày trước

Lyft Under Partnership With Doordash, Dashpass Members To Get Discounted Lyft Rides & Free Priority Pickup Upgrades

BRIEF-Lyft Under Partnership With Doordash, Dashpass Members To Get Discounted Lyft Rides & Free Priority Pickup Upgrades Oct 30 (Reuters) - DoorDash Inc DASH.O : LYFT: UNDER PARTNERSHIP WITH DOORDASH, DASHPASS MEMBERS TO GET DISCOUNTED LYFT RIDES & FREE PRIORITY PICKUP UPGRADES LYFT: LYFT RIDERS TO GET FREE 3-MONTH DASHPASS TRIAL Further company c
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Reuters - 2 ngày trước

DoorDash forecasts strong fourth quarter, bets on demand for online delivery

DoorDash forecasts strong fourth quarter, bets on demand for online delivery By Ananya Mariam Rajesh Oct 30 (Reuters) - DoorDash DASH.O forecast fourth-quarter core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using the platform to order groceries to beauty products during the holiday period. The company also posted a profit for the first time since going public in late 2020 and beat quarterly revenue estimates.
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Reuters - 1 tuần trước

Lyft to pay $2.1 million fine to settle US charges it inflated drivers' earnings prospects

UPDATE 2-Lyft to pay $2.1 million fine to settle US charges it inflated drivers' earnings prospects Adds settlement terms, statements from Lyft and FTC Chair Khan, paragraphs 4-7 and 9-10 By Jonathan Stempel Oct 25 (Reuters) - Lyft LYFT.O agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers about how much money they might earn working for the ride-hailing company.
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Reuters - 1 tuần trước

US sues Lyft, saying company inflated drivers' earnings prospects

US sues Lyft, saying company inflated drivers' earnings prospects Oct 25 (Reuters) - The U.S. government on Friday filed a lawsuit accusing Lyft LYFT.O of deceptive advertising that misled prospective drivers about how much money they might earn working for the ride-sharing company. The complaint was filed with the federal court in San Francisco. R
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Reuters - 1 tuần trước

U.S. Appfolio, S&P Global, Uber

U.S. RESEARCH ROUNDUP-Appfolio, S&P Global, Uber Oct 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Appfolio, S&P Global, and Uber on Friday. HIGHLIGHTS * Appfolio Inc APPF.O : Piper Sandler cuts target price to $265 from $300 * Marinus Pharmaceuticals Inc MRNS.O : TD Cowen cuts to hold from buy * Newmont NEM.N : Scotiabank cuts to sector perform from sector outperform * S&P Global Inc SPGI.N : JP Morgan cuts targ
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Reuters - 1 tuần trước

Tesla soars as Musk expects EV volume growth next year

BUZZ-Tesla soars as Musk expects EV volume growth next year ** Shares of EV maker Tesla TSLA.O rise 10.3% to $235.59 premarket ** CEO Elon Musk says TSLA expects 20%-30% growth in vehicle volume in 2025; expects interest rates to decline, lowering monthly payments and making co's cars more affordable ** TSLA says on track to make more affordable model, starting 1H25 ** Peers Lucid LCID.O , Rivian RIVN.O up 2% and 1.9% respectively, premarket ** Musk says Tesla has been testing ride-hailing with
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Reuters - 1 tuần trước

Tesla rallies most in over a decade on Musk's bold EV forecast

UPDATE 6-Tesla rallies most in over a decade on Musk's bold EV forecast Tesla adds about $150 bln in market value after share jump Musk forecast 20%-30% sales growth in 2025 Stock jump seen as relief rally, some short covering - investor 7 brokerages raised price targets with median of $221 - LSEG Updates for markets close By Abhirup Roy SAN FRANCISCO, Oct 24 (Reuters) - Tesla TSLA.O shares closed up nearly 22% on Thursday - their biggest single-day gain in over a decade - as CEO Elon Musk's bol
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Reuters - 1 tuần trước

Tesla promises paid robotaxis next year, but significant hurdles remain

UPDATE 2-Tesla promises paid robotaxis next year, but significant hurdles remain Tesla robotaxi to face regulatory and technical challenges Waymo spent years testing before receiving permits in California Tesla hasn't applied for driverless testing permit in California Updates Oct 23 story with details and updated stock movement By Chris Kirkham Oct 23 (Reuters) - Tesla TSLA.O CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public
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Reuters - 1 tuần trước

Tesla jumps as EV giant surprises with deliveries forecasts

BUZZ-Tesla jumps as EV giant surprises with deliveries forecasts Updates ** Shares of Tesla TSLA.O jump 11.8% to $238.83 in after-hours trading ** CEO Elon Musk said he expects 20% to 30% vehicle growth next year ** Forecasts "slight growth" in deliveries this year ** Company's adjusted profit of 72 cents per share in Q3 beat est. of 58 cents - LSEG data ** TSLA's profit margin from vehicle sales, excluding regulatory credits, grew to 17.05% from 14.6% in the prior three-month period, according
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Reuters - 2 tuần trước

U.S. Galapagos, Marsh & Mclennan, Travelers

U.S. RESEARCH ROUNDUP-Galapagos, Marsh & Mclennan, Travelers Oct 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Galapagos, Marsh & Mclennan and Travelers, on Tuesday. HIGHLIGHTS * Contineum Therapeutics Inc CTNM.O : Baird initiates coverage with outperform rating * Galapagos NV GLPG.O : JP Morgan cuts target price to $32 from $37 * Marsh & Mclennan MMC.N : KBW raises target price to $212 from $209 * Travelers TRV.
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Reuters - 2 tuần trước

AI software firm Zip valued at $2.2 bln in latest funding round

UPDATE 2-AI software firm Zip valued at $2.2 bln in latest funding round Adds industry context in paragraphs 2-4, company details in paragraph 8 Oct 21 (Reuters) - AI business software company Zip said on Monday it was valued at $2.2 billion in a funding round led by technology investment firm BOND, marking an increase from its $1.5 billion valuation in 2023. Zip will use the $190 million raised in the Series D round for research and development, expanding its suite of artificial intelligence so
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Reuters - 2 tuần trước

Cash App Pay Integrates With Lyft To Give Digital-First Consumers More Flexibility When Taking A Ride

BRIEF-Cash App Pay Integrates With Lyft To Give Digital-First Consumers More Flexibility When Taking A Ride Oct 17 (Reuters) - Cash App: CASH APP PAY: INTEGRATES WITH LYFT TO GIVE DIGITAL-FIRST CONSUMERS MORE FLEXIBILITY WHEN TAKING A RIDE Source text for Eikon: ID:nBw29vXkva Further company coverage: LYFT.O
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Reuters - 2 tuần trước

US Supreme Court won't hear Uber's challenge to California gig work law

US Supreme Court won't hear Uber's challenge to California gig work law By Daniel Wiessner Oct 15 (Reuters) - The U.S. Supreme Court on Tuesday turned away a bid by Uber Technologies and subsidiary Postmates to revive a challenge to a California law that could have forced the companies to treat drivers as employees rather than independent contractors who are typically less expensive.
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Reuters - 3 tuần trước

U.S. STOCKS Walmart, crypto, banks

BUZZ-U.S. STOCKS ON THE MOVE-Walmart, crypto, banks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed at the open on Friday as traders kept bets on a 25-basis-point Federal Reserve rate cut in November intact after producer prices data, while a slump in Tesla shares dragged on the Nasdaq.
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