Officials from NHTSA and the California State Transport Agency were reportedly alarmed by Tesla Inc.'s TSLA ride-hailing expansion in the San Francisco Bay Area.Concerns Over Ride-Hailing MisconceptionsState officials said that Tesla did not apply for the necessary permits to conduct autonomous ride-hailing operations within the state and its ride-hailing expansion was conducted via pre-arranged trips for select invitees in human-driven vehicles under a license typically reserved for limousines and not on-d ...

The enterprise value to operating cash flow ratio of -9.95 underlines MRT's cash flow issues, while a debt-to- equity ratio of -1.22 signals more liabilities than equity. Despite these hurdles, MRT maintains a current ratio of 1.69, indicating it has sufficient current assets to cover its short-term liabilities. This balance suggests MRT is effectively managing its liquidity amidst financial challenges. MRT's unique ride-hailing riders have surged to 2.28 million, a 107% increase from the previous year. The ...

Lyft (NASDAQ:LYFT) is stepping into the autonomous vehicle (AV) spotlight with its first partnership with Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo, aiming for profitable rides from day one while challenging Uber’s (NYSE:UBER) dominance and positioning itself for accelerated growth. Benchmark analyst Daniel L. Kurnos maintained Lyft with a Buy and raised the price forecast from $20 to $26. Kurnos argued that the company’s first partnership with Waymo marks a breakthrough in the rideshare and autono ...

Marti Technologies (NYSEAM:MRT) H1 2025 Earnings Call September 22, 2025 08:30 AM ET Speaker1Hello everyone, and thank you for joining us for Marti Technologies Inc.'s first half 2025 conference call. Before we begin, I'd like to mention that today's earnings release and slide presentation are available on Marti's investor relations website at ir.marti.tech, where you will also find links to our SEC filings, along with other information about Marti. Joining me on today's call are Oguz Alper Oktem, Marti's f ...

Ola’s parent company ANI Technologies Pvt. Ltd has seen its staff size cut by more than half since April last year even as it struggles to hold its ground against ride-hailing rivals Uber and Rapido. The total number of salaried employees at ANI Technologies fell 57% to 376 in August from 886 in April 2024, as per the company’s data with the Employee Provident Fund Organisation. Three people aware of the developments at Ola Cabs, which was rechristened Ola Consumer last year, attributed the downsizing to t ...

Lyft TodayLYFTLyft$22.58 +0.62 (+2.82%) 52-Week Range$9.66▼$23.50P/E Ratio94.09Price Target$18.30Add to WatchlistOn Sept. 17, ride-sharing stock Lyft NASDAQ: LYFT had one of its best days of 2025 as markets reacted to its huge autonomous vehicle partnership. Lyft says it will work with Alphabet NASDAQ: GOOGL subsidiary Waymo to bring an autonomous ride-hailing service to Nashville, Tennessee, in 2026. Shares gained more than 13% on the news, marking Lyft’s third-largest single-day up move of the year. Belo ...

The big news on Wednesday was the quarter-point interest cut by the Federal Reserve. While the White House was looking for a half-point cut, the markets don’t seem fazed by the move, primarily because the Fed is likely to cut rates in the final two Fed meetings of 2025. As a result, premarket trading on Thursday showed the S&P 500 futures hitting a record high. More News from Barchart There were 862 calls and 433 puts in yesterday's unusual options activity. The put/call volume ratio of 0.50 is extremel ...

Via Transportation, Inc. VIA shares rose in premarket trading after unveiling a partnership with Alphabet Inc.’s GOOG GOOGL Waymo.The strategic alliance will let public agencies plug fully driverless ride-hailing into their existing networks, starting with Chandler, Arizona’s on-demand microtransit program.The companies said the framework enables agencies using Via’s software to route Waymo vehicles as part of local transit service.Also Read: Tesla Robotaxi Rival Waymo Reaches 96 Million Driverless Miles As ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Lyft (LYFT) stock is soaring today, thanks to a groundbreaking partnership with Waymo to launch autonomous ride-hailing services in Nashville by 2026. This collaboration with the Alphabet (GOOG) (GOOGL) unit will leverage Lyft's Flexdrive subsidiary for comprehensive fleet management services, including vehicle maintenance and depot operations, while implementing dynamic marketplace integration to maximize fleet utilization across both platforms. Traders are loving the news, with LYFT ripping to a gain of ...