Lyft (LYFT) stock moves higher on Thursday after The Information published an article predicting that e-commerce giant Amazon (AMZN) could buy the ride-share company in 2025. The article cites Amazon might leverage Lyft’s 24 million active riders to commercialize its own line of Zoox autonomous vehicles. While the speculative move would be huge, the piece also highlights Lyft’s struggling stock performance in prior years. Market Domination hosts Julie Hyman and Josh Lipton explore the prospects of any hypothetical dealmaking between the two companies. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch...
Continue ReadingTesla reports fourth-quarter vehicle deliveries of 495,570, up from a year earlier but below estimates of about 507,000...
Continue ReadingThe US market averages (^DJI, ^IXIC, ^GSPC) close the first trading day of 2025 in negative territory, their fifth straight session of losses. The Dow Jones Industrial Average fell the most, dropping by 0.35%; the day's showing nearly breaking Wall Street's hopes for a last-minute Santa Claus rally. Market Domination Overtime host Julie Hyman examines several of 2024's top stock performers as they close out the first session of 2025. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan...
Continue ReadingTesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker...
Continue ReadingMarkets attempted to kick off the new year on the front foot as faith in techs reemerged...
Continue ReadingJoel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration...
Continue ReadingThe shares had a strong run in 2024, but 2025 doesn’t look as promising, according to Citizen JMP Securities analyst Andrew Boone...
Continue ReadingApple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. The proposed settlement filed Tuesday in an Oakland, California, federal court would resolve a 5-year-old lawsuit revolving around allegations that Apple surreptitiously activated Siri to record conversations through iPhones and other devices equipped with the virtual assistant for more than a decade. The alleged recordings occurred even when people didn't seek to activate the virtual assistant with the trigger words, “Hey, Siri."...
Continue ReadingIBM appears primed for further price appreciation despite apparent roadblocks and investors are likely to profit if they bet on this high-flying stock now...
Continue ReadingShares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 3.2% in the afternoon session after UBS cut its iPhone sales estimates for Q4 2024. Analyst David Vogt expects iPhone revenue to fall 5%, year on year, below consensus expectations. Separately, there are reports that Apple will be offering discounts to customers in China from January 4 to 7, 2025, amid heightened competition, further dampening the sales outlook...
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