Lyft stock rocketed upwards of 60% higher after hours before settling to still-solid gains of around 18%
Lyft inadvertently overstated its margin target for this year, a mistake that could have been avoided if the company had just communicated in plain English.
Maplebear Inc. — the company better known as the grocery-delivery platform Instacart — said Tuesday that it was laying off around 250 people, or around 7% of its staff, as it tries to streamline its ranks and turn toward bigger, tech-driven ambitions.
Credit trends and a weak outlook “will likely further delay the company’s turnaround story,” Barclays says.
“I am currently paying the mortgage.”
“They have no savings, no retirement, and are living on borrowed time in their current living situation.”
“My late father was under the impression that he and my stepmother had an irrevocable trust set up. He was wrong.”
Shares of Vizio Holding Corp. rocketed higher on Tuesday on a report that Walmart Inc. was in talks to buy the TV maker for at least $2 billion in an effort to deck out its stores with more screens where it can display ads.
Airbnb Inc.’s stock declined in extended trading Tuesday following quarterly results that eclipsed analysts’ revenue estimates and guidance.
Abbott Laboratories said that a Food and Drug Administration panel voted in favor of the safety profile of its heart device TriClip.