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Lyft issued a quarterly ride bookings and earnings forecast that met expectations and posted a surprise loss due to an earlier legal settlement related to driver classification.
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LYFT HAS LAUNCHED A LYFT GO MEMBERSHIP AT $9.99/MONTH IN PARTNERSHIP WITH DOORDASH, INCLUDING DASHPASS AT NO ADDITIONAL COST, EXPANDING ITS PARTNERSHIP WITH DOORDASH THROUGH A JOINT MEMBERSHIP PROGRAMME
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LYFT Q3 RIDES 273.5 MLN AND ACTIVE RIDERS 31.6 MLN, BOTH SLIGHTLY BELOW ESTIMATES, WITH THE COMPANY SEEING Q4 GROSS BOOKINGS $5.74 BLN TO $5.94 BLN AND Q4 ADJUSTED EBITDA $188 MLN TO $213 MLN
LYFT Q3 2026 REVENUE $1.82 BLN, BELOW ESTIMATE OF $1.92 BLN, WITH ADJUSTED EBITDA $203.9 MLN, ABOVE ESTIMATE OF $192.7 MLN, AND GROSS BOOKINGS $5.6 BLN, ROUGHLY IN LINE WITH ESTIMATE
LYFT SHARES EXTEND CLIMB TO 11%, UBER SHARES GAIN 7%
LYONDELLBASELL $LYB Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $8.50B (Est. $8.87B) 🔴 🔹 Adj. EPS: $2.54 (Est. $2.57) 🔴 🔹 Adj. EBITDA: $1.51B 🔹 GAAP EPS: $2.32 Q4 Guide: 🔹 N.A. O&P Operating Rate: 85% 🔹 European O&P Operating Rate: 60% 🔹 I&D Operating Rate: 75% Other Q3 Metrics: 🔹 Operating Cash Flow: $1.7B 🔹 CapEx: $303M 🔹 Dividends: $224M 🔹 Cash: $3.2B Key Updates: 🔹 Identified Items: $70M net of tax; $0.22/share EPS impact from European PO joint venture closure costs 🔹 Cash Increase: approximately $600M during the quarter, including planned €500M debt repayment 🔹 Clinton Turnaround: completed on time and under budget Comments: 🔸 “The strength of our oxyfuels business and materially higher Intermediates and Derivatives profitability highlight the benefits of our diversified portfolio.”
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Lynn and Paul Montoya sold their house and cars ‌in Wyoming ‌so they could buy a $179,000 cabin on the residential Villa Vie Odyssey cruise, plus roughly $6,000 a month in fees, to spend their retirement sailing the globe. Here’s how that dream sailed into the sunset
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Lynas says planned maintenance at its refinery in Malaysia would cut production this quarter, but expects stockpiles of the critical minerals will ensure that customer orders aren’t affected
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LYON WINS THAT YEAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
Lycia Therapeutics shares leapt 59% in its trading debut, after the biotechnology firm focused on treatments for allergies and autoimmune diseases raised $317.5 million in an upsized US initial public offering.
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