
Lyft revenue beats estimates on robust ride-hailing demand
BNN Bloomberg
Lyft reported first-quarter revenue that beat analysts’ estimates but recorded fewer-than-expected riders, sending the shares down more than 5 per cent in extended trading.
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A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict plays out?












