LYFT Trading forecasts and signals

A group of Uber Technologies and Lift Inc drivers accused the companies of unfairly controlling how much passengers are charged for trips.An antitrust lawsuit filed in San Francisco Superior Court alleges that companies do not inform drivers of pricing algorithms and high prices for trips lead to lower revenue. Drivers claim that if they can offer consumers lower prices, it will provide them with more competition.If it is possible to prove in court that there is collusion, then both companies can be fined and will get a negative reflection on their reputation. Lyft Inc. shares they are already trading at historical lows, Uber is very close to them, the prices for their purchases are quite favorable, but it is better to wait for the court's ...

Taxi service Lyft Inc has entered into a $25 million agreement to settle shareholder claims. The company was accused of hiding security problems, including attacks on passengers by drivers, before the initial public offering in 2019, during which the taxi service raised $2.34 billion. However, the stock price fell below the IPO price of $72 less than two weeks after the start of trading amid news of security problems. Quotes have not recovered.According to analysts, this agreement can be considered as a net victory for shareholders who managed to get the required compensation from the issuer. At the same time, it cannot be said that the issuer itself will suffer greatly from paying money to shareholders, this amount is only 0.7% of its revenue. In the United States, Lyft is not the first taxi aggregator that minority shareholders complain about, but Lyft preferred a settlement agreement to possible long-term and numerous lawsuits.After the collapse of June 16 by 8.44%, Lyft's stock quotes are growing today on the premarket, but only by ...

Today, there are quite a few companies engaged in developments in the field of artificial intelligence (AI) on the financial market. Some companies regulate their activities as related to this area, but in reality only a small percentage of such assets are available for purchase.Today, the development of AI intelligence is still not enough to classify it as one of the spheres of the world economy. However, technologies are already widespread and are actively used in medicine, education, automotive and mechanical engineering, as well as in industry and finance. Literally in 10 years, changes in these and other areas are inevitable.According to analysts' forecasts, by 2030, artificial intelligence will add almost $15.7 trillion to the global GDP, which is 14% of the current figure in percentage terms. The maximum contribution will be provided by China - about 7 trillion dollars and America-up to 3.6 trillion.Contrary to the opinion of the majority, GDP growth will not lead to an increase in costs, but in most areas of activity it will reduce them, as well as free people from any routine tasks, which will allow them to focus on added value, creativity or strategy. Perhaps the only negative aspect in this case is the loss of jobs by those who previously performed this routine work.Next, for example, let's consider several companies that successfully conduct their activities in the field of AI development and implementation.Palo AltoLet's start our review with Palo Alto Networks, one of America's leading developers in the field of network security. The company has organized a platform that functions through advanced firewalls and cloud applications designed to protect network attacks by hackers. The main task is to ensure the round-the-clock security of customer data and the protection of the network based on the help of AI.It is the latter factor that allows you to predict possible threats, and the platform can instantly respond to them. The AI developed by this company is capable of self-learning, which significantly increases the level of protection of the system, blocking threats. In the process, self-learning takes place, which allows you to prevent and even predict the probability of hacker attacks in the future.It is the efficiency of the platform that has become the basis for a systematic increase in the company's revenue. For the 3rd quarter of this year, this indicator increased by 24% compared to the same reporting period last year. In monetary terms, it amounted to just over $3 billion. Against the background of income, there is a noticeable increase in the expenditure part. In its net form, the issuer's loss amounted to 380 million, whereas a year ago this figure varied within 210 million.The company's losses are fully explained by current purchases and non-monetary expenses. In accordance with non-GAAP indicators, the issuer's net profit for the reporting period amounted to $452 million. After the last financial report, management raised its forecast and expects revenue of 4.2 billion by the end of the year, which is 23% more than the previous reporting year.Today, the price-to-sales ratio is about 10 units, which encourages shareholders to further acquire assets that are currently considered a profitable investment. In addition, it should be said that the sales coefficient has remained unchanged for a long time. Against the background of increased demand for security in the network, the growth of the issuer's profitability will only increase.UiPath IncAnother company notable for its success in the field of the artificial intelligence industry. The company is engaged in software development, specializes in robotic automation of RPA processes. The main component of the work is AI. All interaction is carried out through the operation of an integrated platform for automating robotic processes. The platform's work is based on innovative RPA solutions and AI capabilities.Despite the promising developments and high demand for them, the company's shares made an unexpected drop in price, and then froze sideways. Is there a reason why they should be bought now?Experts recommend taking a risk, especially since recently the company's activities have been in full view and have become much more active. Not so long ago, the company announced a cooperation with Smartsheet, which, according to analysts, will only benefit both companies. For UiPath Inc, this will allow you to automate workflows. This shows how much the company cares about its own consumers, quickly adapting to changing requirements.Today, UiPath Inc is considered one of the largest communities in the world, since the number of its regular customers is more than 1.4 million. In addition, the company started the financial year as strongly as possible, completing the first quarter with a profitable and interesting report. For example, the revenue for the specified period of time amounted to 186.2 million rubles, which is 65% more than for the same period of time last year.TwilioTwilio was created to combine phones, computers, tablets and other gadgets belonging to the customer company into a single, comfortable business network. The main field of activity is the creation of cloud-based application programming interfaces, using which developers can embed video, audio and other files into their products.The scale of the client profile is approaching the mark of 150 thousand companies, among which it is worth noting such business giants as Uber, Morgan Stanley, Lyft. If we talk about the last of them, it uses Twilio to manage the support center, and Twitter – for voice communication.It is too early to talk about the profitability of this business, since the company is still quite young. At the same time, the size of the market capitalization has already reached $52 billion. The company's list of clients includes quite large and well-known concerns that need innovations, so the amount of revenue will constantly grow.According to forecasts, earnings per share will grow by 230% during the current year, and by the end of the year, EBITDA will increase by 131%, Total revenue will grow by 35%.Taking into account the high indicators of the current and previous years, as well as the increasing demand of the artificial intelligence market, the company's assets are quite attractive from the point of view of investment. Experts still recommend entering the market on a decline and waiting for tangible results for at least 5 years.AlteryxThis platform gives users the opportunity to perform various actions with any data – to profile, prepare, mix, analyze, etc. After that, any authorized users can use the information.The list of consumer companies includes such large ones as Coca-Cola, Walmart, Amway, etc. For example, COVID-19 research is currently being conducted in Castor medical laboratories. An equally interesting fact is the savings of Amway in the annual amount of $80,000 due to the use of Alteryx technologies.For future reporting periods, the earnings per share indicator is projected to decrease by 5%, but by the end of the year it should grow by 28%. The indicator of the median analytical target as of 12 months is 13% higher and amounts to $149. Experts recommend buying shares of the company for a long-term period.Every year, AI penetrates more and more into people's lives, and the successes of the sphere become as noticeable as possible. What was associated with these technologies 10 years ago resembled the dreams and predictions of science fiction writers. However, today many things have become our reality.In conclusion, it is worth noting that the companies we are discussing today are working in different areas of IT science. AI is by no means their main focus. When planning to invest in AI, try to choose the optimal investment portfolio from the assets of several ...

On August 4, the American stock exchanges ended trading in different directions. The S&P 500 sank after another record the day before by 0.46%, to 4403 points, the Dow Jones fell by 0.92%, and the Nasdaq added 0.13%. Almost all industries showed a decline. Energy companies looked worse than others (-2.93%) due to another drop in oil prices, as well as representatives of the industry sector (-1.37%), especially due to the dynamics of shares of air carriers, and non-cyclical consumer goods (-1.26%) due to a decrease in the value of securities of automakers and hotel companies.Company newsThe software provider Paycom Software (PAYC: +10.7%) reported better than expected and increased the guidance for the full year 2021. Analysts emphasize the acceleration of the growth rate of PAYC's business and the company's access to large customers.Lyft's quarterly results (LYFT: -10.6%) beat market expectations, but there was a weak guidance due to lower prices for services. The new strain of coronavirus and regulatory risks remain pressure factors.General Motors (GM: -8.9%) reported better than the consensus forecast and increased its guidance, but investors are concerned about the impact of a shortage of chips on the company's production performance.We expectToday, global stock markets are showing mixed dynamics. To date, more than 75% of issuers from the S&P 500 index have already reported for the 2nd quarter. The companies ' data on revenue and EPS show a record excess of consensus forecasts. Disruptions in supply chains and inflation remain the main factors of pressure on business in the 2nd half of the year.The statements of the Fed representatives regarding the timing of the start of the tightening of the conducted PREP are still heterogeneous. But the market is in no hurry to win back every comment and is waiting for more accurate information from Jerome Powell at the meeting in Jackson Hole, which is due to take place in August. The data published yesterday on the number of jobs created in July was weaker than the June indicator. New statistics on the labor market, which should be released today and tomorrow, will complement the picture, which will allow the regulator to assess the progress in restoring employment, which is a key factor for making a decision on the ongoing PREP.Investors are still concerned about the unfavorable epidemic situation and questions about the effectiveness of existing vaccines against the delta strain. In the coming days, the markets are likely to continue to assess the situation in the Asia-Pacific region and in Europe.Asian stock markets showed mixed dynamics. Hong Kong's Hang Seng fell by 0.84%, China's CSI 300 lost 0.61%, Japan's Nikkei 225 rose by 0.52%. EuroStoxx 50 is adding 0.44%.Risk appetite is weak. The yield of 10-year treasuries is near 1.19%. Brent crude futures are trading near $70 per barrel. Gold is holding around $1,812 per troy ounce.We expect that the S&P 500 will hold the upcoming session in the range of 4370-4430 points.Macrostatistics Data on the number of initial applications for unemployment benefits in the United States will be published today (forecast: 384 thousand against 400 thousand in the previous period).Technical pictureTechnically, the S&P 500 continues to move in a long-term uptrend. On the eve of the broad market index consolidated. The RSI indicator still forms a triple "bearish" divergence. The threat of a short-term correction remains, but in order to implement a negative signal, the broad market index must fall below the support level located at 4370 points. Previously, this level was held by the "bulls", so the tendency of the benchmark to grow ...

About AlibabaAlibaba is a global retailer and commercial mobile resource from China.The Chinese market of online retailers indicates that Alibaba has reached the status of a monopolist. The main financial indicators of the company are obtained through sales in the Chinese market.The sale on the Alibaba service is an online auction of goods made in China. There are a large number of different products on the platform. These are clothing, accessories, cosmetics, electronics, cars, and food sales.Alibaba is an issuer that includes a combination of global resources of Amazon, eBay, PayPal. The company is a leader in the online retail market in China. The corporation consists of an online retailer Alibaba.com, resources of AliExpress, Taobao, Tmall. The corporation also includes a number of other services.Due to the coronavirus, the corporation was able to increase its performance. Consumer demand for cloud services has grown. The restrictions imposed by the Chinese state can be called a risk. In the next part, we will take a detailed look at the opportunities and risks of investing in Alibaba.Company structureThe main difference between ALibaba and its main competitor – Amazon-is the lack of storage facilities and direct sales. Alibaba manages Chinese territorial platforms to form a meeting place for sellers and buyers. The company receives revenue from commissions paid by sellers, as well as from cloud services.The corporation has its own payment system Alipay, which is used for operations when operating a subsidiary of Taobao.The company includes subsidiaries:Service from the direction of B2C-Taobao. The retail platform provides approximately 2 billion different goods and services for Chinese consumers.Tmall sells products of world-famous brands. For example, Ralph Lauren, Nike, Piaget.Tmall Global is a global platform for trading activities in the consumer market.AliExpress is an international online retailer that sells at retail.Alibaba.com is a global retailer specializing in wholesale sales.Alibaba Cloud sells web platforms. Similar services can be called Amazon AWS and Microsoft Azure.Freshippo – new generation grocery stores.Retail tradeRevenue for the last quarter was 206 billion yuan, and for the previous year this number reached 154 billion dollars. Such indicators were obtained due to high revenues from the new retail network Sun Art. Excluding this segment, revenue increased by 22%. Operating profit indicators fell by 11% due to investment in large projects. For example, these are Taobao Deals, as well as Community Marketplaces. Net profit decreased by 8%, reaching 42 billion yuan, which translates to 6.6 billion dollars.Revenue from Taobao and Tmall subsidiaries selling retail goods rose by 14%. This is below the overall growth rate of 22%. The indicators of retail sales of the global market, logistics service and computing have increased significantly, from 29% to 54%.Alibaba has difficulties with online retail services. The competitive forces of companies have increased JD.com and Pinduoduo, operating in the Chinese market. If revenue growth slows down, traders should rethink their intention to invest in the company.Alibaba Cloud ServicesAlibaba is a global leader in the online retail market. Recently, the company has released a promising project Alibaba Cloud.In the first quarter of 2021, revenue from this industry amounted to $ 2.5 billion, which is 28% higher compared to the last fiscal year. Alibaba's profit was $ 52.5 million, and for 2020, the net loss reached 1.1 billion yuan.The data for the current year was slowed down, and now the indicator reaches 29%, and last year cloud services grew by 59% year-on-year.Representatives of Alibaba believe that growth has slowed due to the fact that one of the company's largest customers did not use a foreign cloud service. Alibaba Cloud is a promising project, EBITDA increases its indicators. If the segment continues to grow, the level of profitability and profit will only be optimized.There is a high probability that Alibaba Cloud will steadily increase its performance in the near future, as an increasing number of companies use cloud services.We can observe the development of Cloud technologies: This can be seen through the use of 5G technologies, the development of self-driving cars and the Internet of Things (IoT). The analytical company Canalys believes that if Alibaba takes 40% or more in the Chinese cloud services market, the corporation will be able to take a leading position.Investing in the futureThe company invests money both in its own projects (such as Alibaba Cloud) and in the foreign segment (acquisition of Lazada).According to the latest report, Alibaba was able to double the data of its commercial business. The issuer invested $ 2.2 billion, and in 2020 this number reached $ 600 million. These investments were able to reduce the data on short-term profit results, which caused an increase in competitive advantages over Pinduoduo and JD.com.Such investments are a good foundation for future development.In addition to reinvesting in its development, Alibaba is engaged in share repurchase. The buyback was increased from the level of 10 to 15 billion dollars for 2022. This is the right decision, since the securities have reduced indicators over the past year.Risks for investorsIn the 1990s, goods from China were not perceived as something of high quality. But over the past decade, new corporations have emerged that use modern technologies. They were able to achieve high results in the global market. Alibaba was the first of this list: the company's creator, Jack Ma, was able to get high results.The owner had an interest in implementing American business management principles: following the company's own interests, influencing legislation. As a result, we see that this was impossible in China.The ruling party reacted negatively to the rapid development of private business. Over the past year, strict sanctions have been imposed on large enterprises from China.Alibaba has been heavily influenced by the state. Last fall, they blocked the implementation of the IPO of Ant Group in the amount of $ 37 billion.Jack Ma decided to rethink the further development of the corporation, deciding to improve relations with the government. At the moment, it is almost impossible to notice it in the public space. Large Chinese businesses have been subjected to restrictions from state authorities over the past six months, and this has reduced interest in companies in the stock market.But this is not all the risks for potential investors. It is necessary to assess the stability of Alibaba in the global market. Consumers may be negatively disposed towards China for a number of reasons: involvement in the development of the coronavirus, non-compliance with human rights, the level of geopolitical risks in the South China Sea, and the likely sponsorship of cyber fraud operations by the Chinese government.The US authorities may initiate the introduction of economic sanctions for the PRC. Relations between the states are strained due to trade conflicts that began under the last President Donald Trump.Now any investment in corporations from China carries a risk. We now advise you to monitor the news field in China, and with the growth of the economy, you can pay attention to stocks that are at multi-year lows.Read more: How to invest in stocks and what you need to knowAbout LyftLast week, a new report of the Lyft enterprise was criticized. adjusted profit was achieved earlier for the 1st quarter than the forecasts indicated.Adjusted EBITDA was $ 24 million. These forecasts indicated a loss of $ 40 million. Revenue amounted to $ 765 million, and according to forecasts it was $ 697 million.After the report is released, we leave the previous forecast. It is planned to change the direction of securities in the buyers ' market. Now the level of quotations reaches $ 53, and the issuer is going to increase the data to $ 85-90.About eBayWe also analyzed the data from the eBay report. The profit and revenue indicators turned out to be more than predicted, and this is $ 15.68 per share. Last year, this number reached $ 0.96. Revenue increased by 14%, amounting to $ 2.67 billion, and for 2020 this level was about $ 2.34 billion.The number of users of the service fell by 2%, as a result, it is 159 million people.After the release of the report, the shares went up. Prices increased by $ 9: from $ 65.50 to $ 74. We predict an increase in shares. The future goal is to reach $ ...

Today, when every minute of our time is valued, transport plays an important role in people's lives. In this article, we will consider a company operating in the transport services segment - the Lyft multimodal platform.The company earns money using bicycles and scooters. The Express Drive software with the Select Express Drive partner also contributes to earnings. However, most of the revenue comes from the travel sharing website. It was activated in 2012. It is used for work by taxi drivers when they are looking for passengers. For drivers, the income depends on how long the trip lasts and for what distance it is calculated. And the company receives finances for the maintenance of drivers, as well as commissions that depend on the cost of the trip.In the United States, the most popular taxi service is Uber, followed by Lyft.Lyft's Business ModelIn this company, the first place is ridesharing, which is the main activity of the issuer. Taxi drivers find passengers on the platform. The service is convenient for everyone, both drivers and passengers, and creates solid value for the financial market.It is followed by the service of renting two types of transport: bicycles and scooters. You will definitely see scooters painted in the color of one or another company in your locality, trips are carried out on them for a reasonable fee. Everything is done through an application in a smartphone, which makes this service available to anyone.Lyft also provides a similar service, thanks to which you can travel with a lower price level and for short distances.Also, after the purchase of Motivate, the company acquired the largest bicycle rental platform in the United States.Customers have the opportunity to get access to a type of transport (bicycle or scooter) through a mobile application that works in 9 large American cities.Also, the owners of the application receive information about public transport, giving customers a complete picture of the available vehicles.Lyft has partnered with Waymo and Aptiv to provide advanced automated driving systems. The Aptiv system has integration with the Lyft application, which makes it possible to travel independently of a certain route, so far only in Las Vegas.Lyft has also been offering car rentals since 2019, which complements the Express Drive service, which allows you to rent from Hertz and Flexdrive Services, LLC.Lyft Inc. has offices in more than 300 markets in the United States and Canada. The company has achieved success by creating a flexible platform that can be adapted to the specific needs of any market.In addition, the company's activities make it possible to attract new drivers and retain existing customers.Taxi drivers will not be needed soonHave you ever thought that a taxi driver, as a professional activity, can disappear forever? It's simple, they will be replaced by a robotic taxi. Companies such as Yankees, Uber, Tesla and Lyft are doing everything to make this happen as soon as possible.Lyft recently announced that it is starting a partnership with Ford in the field of autonomous vehicles. According to the company, Lyft will switch to self-driving Ford cars until the end of 2021.Ford is working with the manufacturer of software for autonomous cars Argo AI. The testing ground will be Miami, then Austin. The testing is designed to ensure that the driver will be driving and will become a passenger in the event of force majeure.The Autonomous Lyft fleet will grow to thousands of units over the next five years.Financial aspectsLyft performed well before COVID-19. In terms of growth rate, the company has overtaken its main rival Uber. But now investors should look at what changes have occurred in Lyft's market share over the year. According to Statista, in April of last year, the market share of the issuer of the United passenger taxi market was about 29%, and a year later it was 32%.Investors in Canada and the United States are very positive about Lyft. This allows the business to conduct better cost control and increase the effectiveness of advertising. Vaccination in the United States is growing more and more, and this contributes to a sharp increase in demand for taxi services. It is so fast that Lyft and Uber have started searching for drivers to avoid higher transport costs and reduce the waiting time for cars.At the same time, since the coronavirus has not passed through the company, the epidemic continues to put pressure on financial results, although to a lesser extent than before. It is expected that the value of Lyft's revenue will exceed the forecast for the current base period, which is facilitated by a rapid recovery in the level of demand for taxi services.Buy or sell shares?Let's list the positive factors of the future growth of the stock:employees of various enterprises returned to their offices from remote work;the situation with the spread of coronavirus in the country has improved;now is the holiday season, when daily car rental is in great demand.From the point of view of technical analysis, this security is now at the final stage of adjustment. Buyers have made a stop to sellers in the range of $50 to $52 and are now doing everything possible to push them back and capture the market. If this happens, they will be able to gain a foothold above $55, and then move to the area of ...