Tuesday, February 9, 2021

Lyft says cost cuts, coming ride recovery could bring third-quarter profit

Lyft Inc said it could make an adjusted profit by the third quarter of this year despite the pandemic thanks to additional cost cuts and an expected rebound in ride-hail demand beginning in the second quarter of 2021. https://ift.tt/3rBk9xC

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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...