Gig economy and autonomous vehicle analysis: Uber, Lyft, DoorDash, Tesla, Waymo, and the race for autonomous mobility.
Financial earnings reports and company performance metrics.
Uber, Lyft, and DoorDash all reported Q3 earnings November 4-5. Uber missed estimates for the first time in quarters. DoorDash posted its first profit as a public company but stock dropped 17%. Lyft hit $1 billion free cash flow but missed EPS. Three companies, three completely different stories.
Lyft missed Q3 EPS by 60% but the stock jumped 7%. Wall Street cared about one thing: $1.03 billion in free cash flow for the first time ever. That's the metric that actually matters.
DoorDash beat Q3 revenue and showed continued profitability. The stock dropped 17%—worst day ever. CEO Tony Xu's plan to spend 'several hundred million dollars' in 2026 triggered the selloff. Classic conflict: investors want cash back, DoorDash wants growth.
Tesla has long been the industry leader when it comes to electric vehicles (EVs), constantly setting the bar high for competitors
Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter.The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges