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Home > Latest

Lates News

date
20/12/2025
Intercontinental Exchange: As of the week ending on December 16th, speculators in Brent crude oil reduced their net long positions by 74,876 contracts to 32,940 contracts.
Latest
3 m ago
Analyst Scott Devitt of Wedbush: "As Waymo gradually emerges from the 'training wheels' development stage, we expect its services to be more provided through its own platform Waymo One, rather than relying on third-party integration. If this trend comes true, 2026 could be a painful year for the ride-hailing industry."
4 m ago
Analyst Scott DeWitt of Wade Bush: Despite the complex market for robot taxis still being in its early stages, the coming year may be pivotal - and this could prove challenging for ride-hailing companies. Wade Bush points out that Alphabet's billion-dollar robot taxi business, Waymo, plans to launch operations in 20 cities, while Tesla also seems to be making progress.
5 m ago
Analyst Scott Devitt of Wedbush released a report on Friday stating that the market has underestimated the negative impact of autonomous driving cars and robot taxi services on companies like Lyft and Uber. Devitt wrote that due to Lyft's "high concentration in the U.S. ride-sharing market and its single business portfolio", it faces greater risks than Uber. Following this downgrade, Wedbush has lowered Lyft's target price from $20 to $16.
5 m ago
On Friday afternoon, shares of the ride-hailing company Lyft fell 2.1%, after analyst Wade Bush downgraded its stock rating from "neutral" to "underperforming the market". Its competitor Uber also dropped slightly by 0.8%.
6 m ago
The dollar index rose on the 19th.
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