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Added on the 04/02/2019 17:59:51 - Copyright : Wochit
Lyft has been struggling in 2020. It third-quarter figures weren't thrilling. But, there is good news. On Wednesday, Wedbush said earnings guidance and vaccine hopes stand to push the stock to pre-pandemic highs. Analyst Dan Ives lifted his price target for Lyft shares to $48 from $37 in a note to clients, a 33% upside from Tuesday's close. On Tuesday, Lyft executives said they expect the company to be profitable by the fourth quarter of 2021. Business Insider said the optimistic guidance should fuel a rebound in rides and a strong stock rally.
As the pandemic drives the US economy inexorably into the ditch, many freelancers, gig workers, and self-employed Americans find work is dwindling. But according to Business Insider, there are ways to bring more money through the door--or at least, ways to keep less of it flowing out. Financial planner Ben Henry-Moreland says to start by looking at your own wallet. Where can you cut your spending? Negotiate with creditors, and chase late payers. Make adjustments to your health insurance to reduce your premiums, adjust your estimated quarterly tax payments downwards. Keep up with government programs and what's available. As one program ends, another may begin. You may be overlooking state or county programs, too. Finally, reach out to your network of friends and colleagues for job leads, client referrals, and advice on how to pivot your business to this new pandemic world.
Wall Street stocks ended little changed on Thursday as investors kept to the sidelines ahead of Friday's U.S. payrolls report for July. Bobbi Rebell reports.
Tech titans Amazon and Alphabet reported strong earnings results after the close on Thursday. Stocks were mostly higher in the regular trading session. Bobbi Rebell reports.
U.S. retail sales rose more than expected in May as Americans bought cars, clothes, and shopped online. Bobbi Rebell reports.
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