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Track Lyft in real time with a live news feed covering Lyft stock news, official press releases, company announcements, and an archive of historical Lyft news. ...more
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6:30 PM | Friday | Jul 10, 2026
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If you drive for Uber (NYSE: UBER), deliver for DoorDash (NASDAQ: DASH), or shop for Instacart (NASDAQ: CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That is exactly why the IRS treats you as both the employer and the employee of your own one-person business, and why a Solo 401(k) lets you shovel... Uber and DoorDash Drivers Think They Have No 401(k).
The IRS Lets Them Build a $72,000 One but Almost Nobody Does
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If you drive for Uber (NYSE: UBER), deliver for DoorDash (NASDAQ: DASH), or shop for Instacart (NASDAQ: CART), you almost certainly get a 1099-NEC at year-end and no benefits package. That is exactly why the IRS treats you as both the employer and the employee of your own one-person business, and why a Solo 401(k) lets you shovel... Uber and DoorDash Drivers Think They Have No 401(k).
The IRS Lets Them Build a $72,000 One but Almost Nobody Does
Lyft, Inc. (LYFT demonstrates sustained revenue growth, improved profitability, and robust liquidity, supporting a buy rating. LYFT's valuation is attractive, trading at only 0.98x sales and a low P/E of 2.22x, offering a 28% margin of safety.
Expansion into Europe, AV partnerships, and flexible revenue streams enhance growth prospects and operational leverage.
Lyft, Inc. (LYFT demonstrates sustained revenue growth, improved profitability, and robust liquidity, supporting a buy rating. LYFT's valuation is attractive, trading at only 0.98x sales and a low P/E of 2.22x, offering a 28% margin of safety.
Expansion into Europe, AV partnerships, and flexible revenue streams enhance growth prospects and operational leverage.
Most CEOs study spreadsheets. David Risher studies customers.
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SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) is welcoming Senthil Padmanabhan as Chief Technology Officer, joining July 20, 2026, reporting to CEO David Risher. With decades of experience, Senthil is the rare technical leader who operates at every altitude: going deep on the most complex problems, driving company-wide change at a global scale, and bringing the team with him every step of the way. Most recently as VP of Engineering at eBay, where he first earned recognition as a Tec.
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DoorDash dominates the local commerce landscape with a robust net income of nearly $935 million and an expanding international presence. Lyft has achieved high profitability through strategic luxury acquisitions and operational efficiency in the ridesharing market.
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Lyft (LYFT) closed the most recent trading day at $14.83, moving +1.51% from the previous trading session.
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Stocks are turning higher, attempting to shake off the impact of a delayed OpenAI IPO
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Lyft (LYFT) concluded the recent trading session at $14.08, signifying a -2.22% move from its prior day's close.
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Lyft's Flexdrive arm is opening a depot to service Waymo cars in Nashville. About half of the people it has hired for the facility are ex-Lyft drivers.
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Lyft has expanded its reach through international acquisitions and a new focus on luxury chauffeuring. Uber Technologies maintains a dominant global platform with substantial free cash flow and a massive user base.
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Prices on Uber and Lyft vary — even when riders want the exact same ride, a new report finds. Consumer Reports collected pricing data across the US as part of an investigation published Tuesday.
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