Lyft reported the results as it starts to produce positive free cash flow and as it tries to improve profitability. Rides, active riders and service speeds improved during the quarter.

Billionaire investor Bill Ackman's Pershing Square Capital acquired a $2.3 billion stake in Uber by purchasing 30.3 million ...

Lyft and Anthropic are teaming up to bring AI powered apps and tools to Lyft products. The announcement comes months after ...

Uber Technologies' (UBER) shares surged Friday after investor Bill Ackman said his Pershing Square hedge fund has amassed a stake in the ride-hailing giant. The fund started acquiring a position in ...

Bill Ackman (Trades, Portfolio) just made a power movehis hedge fund, Pershing Square, has snapped up 33.3 million shares of Uber Technologies (NYSE:UBER), and the market is loving it. Shares jumped 7 ...

Uber's stock movement reflects a broader trend where high-profile investments by notable figures can lead to increased ...

Q4 2024 Earnings Call Transcript February 5, 2025 Uber Technologies, Inc. beats earnings expectations. Reported EPS is $3.21, ...

The company had made an expensive bet on robot taxis, but the project was laden with legal problems and burning through cash. So Uber gave it away to another startup.