Lyft Boosts Earnings Forecast as Monthly Subscription Model Gains Traction Among Commuters
2 months ago
In a notable turnaround for the ride-sharing giant, Lyft has increased its earnings forecast for the upcoming quarter, thanks to the surging popularity of its monthly subscription service. This service has particularly attracted daily commuters, assisting Lyft in solidifying its position amid growing competition in the transportation sector.
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WuXi AppTec's Upbeat Business Update Spurs Stock Despite US Bill Concerns
3 months ago
WuXi AppTec is the leading Chinese contract research organization that has recently given a very encouraging business outlook and has hiked its stock. This positive update also comes against the looming challenges presented by a new bill in the United States. This strong stock reaction is indicative of the investors' confidence in the strength and growth of the company amidst regulatory headwinds.
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