Lyft, Inc.

Uber Technologies, Inc.

Shares of cab service Lyft have sunk more than 17% in premarket trading on Wednesday, February 11, after the company released mixed fourth-quarter results and issued a weak outlook for the first quarter. The forecast pointed to a slowdown in Lyft’s post-pandemic recovery and outweighed the positive effect of a new $1 billion share buyback, Reuters <a href="https://www.reuters.com/business/lyft-flags-storm-hit-quarter-clouding-1-billion-buyback-program-shares-down-2026-02-10/">reports</a>. The company is pinning its hopes for future growth on the rollout of autonomous vehicles, yet Wall Street is not convinced.

Lyft plunges 17% on disappointing 1Q EBITDA forecast, unexpected 4Q revenue miss

Samsung Electronics Co., Ltd.

The gold price is consolidating above the $5,000 mark amid weak U.S. data and expectations of a Fed rate cut. Lyft shares fell more than 17% after weak earnings and a cautious outlook, with the company betting on robotaxis and new services. Several co-founders left Elon Musk's xAI company. These and other topics - in our review of key events by the morning of February 11.

Highlights for this morning: Lyft under pressure, ByteDance makes AI chip, Musk's associates walked away from him

Baidu, Inc.

It's unclear how profitable the drone cab business will be: public Pony AI and WeRide are losing money so far

Uber and Lyft agree with Baidu to test robotaxis in London. Shares jumped

Alphabet Inc.

Tesla, Inc.

For Waymo, the project to launch a robotaxi in the UK capital is only the second outside the US

Google will start launching robotaxis in Europe with London. What challenges await it?

Nucor Corporation

Cracker Barrel Old Country Store, Inc.

IonQ, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Fed's stance to be tested by statistics

Via Transportation

Preliminary trading in shares of the American platform for organizing passenger transportation Via Transportation has started in the trading system for Freedom customers. Initially, the company planned to compete with Uber and Lyft, but eventually focused on working with government and corporate customers. The company's securities under the ticker <a href="https://tap.tradernet.global/to/quote/VIA.US?utm_source=stocks&amp;utm_medium=VIA.US&amp;utm_campaign=pfu9307038">VIA</a> will appear on the New York Stock Exchange later Friday.

Via Transportation IPO: on-demand transportation service shares begin trading

The company missed expectations for revenue and ridership, but provided an encouraging outlook for the third quarter
