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Tech Advances as Valuation Fears Subside -- Tech Roundup

Shares of technology companies rose as concerns about valuations subsided. "Broadly speaking valuations are high, but not absurdly high," said Oliver.

Oliver purscheArticle normalTaxi limousine servicesE commerceOnline service providersLand transportRide hailing platforms servicesSharing on demand economy servicesTransportation logisticsCorporate industrial newsUber technologiesIndustrial newsLimousine servicesRide hailing platformsOn demand economy services

Lyft Jumps 60% on Record Riders, Gross Bookings

Ride-hailing app Lyft said fourth-quarter gross bookings grew 17% year over year, while revenue rose 4%.

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Lyft s stock rallies on strong forecasts Here s where the company is doubling down

Lyft stock rocketed upwards of 60% higher after hours before settling to still-solid gains of around 18%

David risherFedex corpStarbucks corpUber technologies incDelta air lines incLyft incWall streetUber technologiesExecutive david risherDelta air linesArticle normalTaxi limousine servicesRental leasing servicesBusiness consumer servicesE commerceInternet online services

Uber just started to flex its platform muscle : Can other gig-economy players?

Uber's main ride-hailing rival, Lyft Inc., reports results on Tuesday, as does online grocery-delivery service Maplebear Inc., better known as Instacart.

Uber technologies incUber technologiesArticle normalComputers consumer electronicsLan wan hardwareTelecommunications equipmentToys gamesRetail wholesaleFood retailingSpecialty retailingTaxi limousine servicesNews syndicatesAccounting consultingBusiness consumer servicesBroadband equipmentConsumer goods

Tech Flat as AI Bubble Concerns Arise -- Tech Roundup

Shares of technology companies were flat amid concerns about an artificial-intelligence bubble. Shares of chipmaker Nvidia ticked down but remained roughly.

Rob curranSibilla global fundLorenzo di mattiaSibilla globalMasayoshi sonSilicon valleyUber technologiesArticle normalArtificial intelligence technologiesTaxi limousine servicesE commerceOnline service providersLand transportRide hailing platforms servicesSharing on demand economy servicesTransportation logistics

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