Lyft, Inc. (LYFT)
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- Reuters
Status of Uber, Lyft gig workers hinges on Massachusetts court fight
Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state's top court is set to hear arguments on Monday over whether to let dueling ballot measures go before voters in November that would redefine the relationship between app-based drivers and companies like Uber, Lyft, Instacart and DoorDash whose businesses help fuel the gig worker economy. An industry-backed proposal would treat app-based drivers for these companies as independent contractors entitled to some new benefits but would make clear they are not employees.
- Zacks
LYFT to Report Q1 Earnings: Is a Beat in the Cards?
LYFT's bottom-line performance in Q1 is likely to have been hurt by the rise in operating costs.
- InvestorPlace
3 Tech Stocks That Will Post Sizzling Gains This Summer
As summer inches closer, cracks are starting to form in this resilient bull market. No one can say for certain whether we’re headed for another swoon or a fiery comeback akin to 2023’s summer surge. But one thing’s for sure – you can never go wrong loading up on high-quality stocks for the long-haul. These battle-tested titans rarely disappoint, no matter how choppy the near-term waters get. Besides, I’ve got a hunch the Federal Reserve could toss us a bone with at least one rate cut this year.
