LYFT Jul 2021 67.500 call
- Yahoo Finance UK
Stocks to watch next week: BP, Saudi Aramco, Uber, and interest rates
Earnings preview of key companies reporting next week and what to look out for.
- Reuters
Status of Uber, Lyft gig workers hinges on Massachusetts court fight
Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state's top court is set to hear arguments on Monday over whether to let dueling ballot measures go before voters in November that would redefine the relationship between app-based drivers and companies like Uber, Lyft, Instacart and DoorDash whose businesses help fuel the gig worker economy. An industry-backed proposal would treat app-based drivers for these companies as independent contractors entitled to some new benefits but would make clear they are not employees.
- Zacks
LYFT to Report Q1 Earnings: Is a Beat in the Cards?
LYFT's bottom-line performance in Q1 is likely to have been hurt by the rise in operating costs.
