Stocks to Crash on March 16, 2026? Here's Compelling Reason Why

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Lyft Faces Growing Competition, Bank of America Analyst Warns

Dylan Berman
January 29, 2025

Lyft, Inc. (NASDAQ:LYFT) shares are moving lower on Monday. Bank of America analyst Micheal McGovern maintained a Buy rating on the company and lowered the price target from $21 to $19.

What To Know: In his note, the analyst highlighted three key developments: Waymo’s expansion of testing in Los Angeles, Uber’s new price lock feature and the recent appointment of Sean Duffy as Transportation Secretary.

McGovern stated that Waymo has initiated testing of its autonomous ride service on Los Angeles freeways. The company received approval for this in March, along with permission to conduct similar testing in San Francisco, which began in August.

The analyst views Waymo’s latest update as potentially negative for Lyft. This development could be seen as a threat to traditional ride-share services like Lyft, as autonomous ride services may compete for customers.

Bloomberg reported that Uber is creating a “price lock pass,” allowing customers to pay $2.99 to secure pricing for a specific route for a one-hour window each day. McGovern noted that if Uber rolls out this feature, it could intensify competition between the two companies.

Lyft introduced its own price lock feature in August and has seen significant success, selling over 200,000 passes in just a few months.

Lastly, the Bank of America analyst views Duffy’s confirmation as Transportation Secretary as a positive development for Lyft. Duffy has been a proponent of a federal framework for regulating autonomous vehicles, rather than leaving it to individual states.

Lyft is expected to release 2024 fiscal-year fourth-quarter earnings on February 11 after the market closes. Analysts estimate earnings per share of 21 cents and revenue of $1.55 billion.

See Also:

LYFT Price Action: At the time of writing, Lyft stock is trading 3.98% lower at $13.41, according to data from Benzinga Pro.

Image: via Shutterstock

Continue Reading...

Popular

Trump's Crypto Reserve Plan Sparks Controversy, Schiff Questions XRP Inclusion, Polymarket CEO Invited To White House: This Week In Crypto

The crypto world was shaken as Trump's announcement of a U.S. cryptocurrency reserve sparked backlash from tech allies, criticism from economist Peter Schiff, and calls for a Congressional investigation into potential insider trading and market manipulation.

MSTR Stock Plunges Over 6% In Monday Pre-Market: What's Going On?

The shares of Strategy Inc. (NASDAQ:MSTR) fell 6.1% during the pre-market trading session on Monday following a sharp decline in the price of Bitcoin (CRYPTO: BTC)

The Single Best Electric Aviation Stock to Keep an Eye on Today - Ad

Looking for the next big EV opportunity? The market is expanding rapidly, and one stock is standing out with its innovative approach and strong industry partnerships. Find out more about this potential game-changer.

Drought-stricken Algeria plans to import one million sheep ahead of Islam's Eid Al-Adha

ALGIERS, Algeria (AP) — Algeria’s president has announced plans to import a staggering one million sheep ahead of this year’s , the Muslim holiday during which families worldwide purchase livestock for sacrifice.

Strikes and Economic Unrest: Are You Prepared for What's Coming? - Ad

Louis Navellier has issued a chilling warning about the economic turmoil gripping America today. The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. If you're not prepared, it could devastate your savings, investments, and even your retirement.

China imposes retaliatory tariffs on Canadian farm and food products

BEIJING (AP) — China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

Sam Bankman-Fried Says 'When Rubber Meets The Road' On Crypto's Fate Under Trump, Slams Biden's Policies

Disgraced cryptocurrency mogul Sam Bankman-Fried weighed in on the future of digital assets under President Donald Trump’s administration, according to an interview from his prison released Thursday.

Buffett, Bezos, and Congress Are Betting Big on This One Sector - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

In a piece of advice that continues to hold relevance, investor Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump as a case in point.

Cathie Wood-Led Ark Invest Roblox, Roku, UiPath As Markets Take A Dip

Ark Invest made significant trades on Friday, selling shares of RBLX, ROKU, PATH and buying shares of IBTA, PSNL, ABSI, and RXRX.

Wall Street Legend Now Calling Exact Day Next Market Crash Will Start? - Ad

Perhaps no one on or off Wall Street has more accurate in calling the market turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the exact month (even the exact day!) the next crash is most likely to start--don't miss this huge and important new call.

NBA Legend Shaq's Walmart Shopping Spree Ends In Credit Card Decline—Here's How Much He Tried To Spend

Basketball superstar Shaquille O'Neal's impact goes beyond basketball, with his larger-than-life personality and smart investments. Yet, one of his most unforgettable moments happened at Walmart.

The Same "Magic Pattern" That Predicted Trump's Win Now Predicts These Niche-Trades Will Surge! - Ad

It predicted Trump's sweeping victory. And now, this pattern says a handful of niche-sectors are poised to surge as President Trump fuels America's economic boom. For only $19, you can see how millionaire-trader Jeff Clark has used this "Magic Pattern" for over 40 years to generate over 1,000 winning trade recommendations.

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

"Breakout Trigger" Detected on Tiny AI Stock - Ad

Don't invest another dime in NVIDIA, Microsoft, Google, or any of the other big boys. This one has the potential to be 100x bigger than all those. We have reason to believe its share price could go ballistic in the coming days and weeks. Get our No 1 AI investment recommendation of the decade.

Sam Bankman-Fried Says Prison Inmate Diddy Has Been 'Kind' To Him: 'It's A Position No One Wants To Be In'

Jailed cryptocurrency fraudster Sam Bankman-Fried shared his prison experience and interaction with fellow inmate rapper Sean Combs, popularly known as "Diddy," according to an interview released Thursday.

One Tech Tip: Getting a lot of unwanted phone calls? Here are ways to stop them

LONDON (AP) — Unwanted phone calls are out of control. Whether it's a robocall trying to sell you something or spam calls from scammers trying to rip you off, it's enough to make you want to stop answering your phone. So what can you do to stop them?

Millionaire Trader: "My No. 1 Stock of the Decade" (Revealed Free) - Ad

The stock revealed right here just may be millionaire trader Jeff Clark's favorite stock ever. Because this one stock alone has been responsible for some of the biggest gains he's ever handed my readers... 195% in under a month... 85% in 14 days... 176% in 5 weeks... 120% in under 3 months... 55% in two days... 138% in 8 days... And even 222% in 8 days.

Floodwaters still threaten parts of Australia's east coast as tropical storm cleanup begins

WELLINGTON, New Zealand (AP) — Australia's prime minister cautioned that the fallout from a over the weekend was “far from over” as parts of two states remained inundated with perilous floodwaters on Monday, even as the initial threat from the deluge continued to recede.

Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors

BANGKOK (AP) — Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after pulled back on some of his tariffs hikes.

Top Choice for Tech-Savvy Investors - Ad

Exploring the next wave of electric aviation stocks? This company is leading the charge with its innovative approach to electrification and strong industry ties.

T-Mobile to Shell Out $350 Million to Customers in Wake of Massive Data Breach

T-Mobile will compensate customers who were affected by a substantial data breach. The company is set to distribute $350 million to its customers.

Canada to name a new leader while dealing with Trump trade war

TORONTO (AP) — looks set to pick a measured former central banker to deal with the threats tariffs pose against a pillar of Western free trade.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Congressman Ditches Russell 2000 ETF To Buy Lithium, Uranium ETFs

Congress trading activity shows a new unusual transaction of a Senator buying uranium and lithium ETFs.

A staff office for the US nuclear waste repository will no longer face DOGE cuts

ALBUQUERQUE, N.M. (AP) — Federal officials have backtracked on plans to cancel a lease for office space in New Mexico where dozens of U.S. Department of Energy employees who oversee the nation’s only underground nuclear waste repository are based.

Musk's Chainsaw Could Fuel These 7 Stocks Higher (Buy Before April 30th) - Ad

Elon Musk slashed Twitter's staff by 80%--now Trump's putting him in charge of cutting government bloat! The impact? MASSIVE. My insider network has pinpointed 7 stocks set to soar--but you must act before April 30th. Don't miss this historic shift!

Trump DOT chief rejects inclusion of environmental justice factors in infrastructure decisions

Transportation Secretary Sean Duffy on Monday rescinded Biden-era memos that he said called on state agencies to factor a “social justice and environmental agenda” into infrastructure project decisions.

Palantir's Head Of Defense Warns Of China's War Preparations: 'We're Not Taking It Seriously'

Palantir Technologies Inc. Head of Defense and former Congressman Mike Gallagher is sounding alarms about China's military intentions, warning that the U.S. is failing to adequately prepare for potential conflict.

Wall St. Legend Shocks With "Next Nvidia" Prediction - Ad

When he recommended Microsoft at 38 cents... Google in 2005... and Nvidia before AI was mainstream, people called him crazy. Now they're calling him crazy again about this overlooked tech stock that's he's says could be "The Next Nvidia".

Micro-wineries in Cyprus hope to give the world's oldest named wine a comeback

NICOSIA, Cyprus (AP) — Praised by the ancient Greek giants Homer and Euripides for its superb quality nearly 3,000 years ago, Cyprus’ Commandaria is the world’s oldest recorded and named wine.

An Electric Aircraft Company With Potential to Break Out - Ad

If you're watching the electric aviation sector, this is a stock to keep an eye on with a strong market position and cutting-edge technology.

Powell: Federal Reserve to stay on hold amid widespread economic uncertainty

NEW YORK (AP) — The Federal Reserve is likely to keep its unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said in written remarks to be delivered Friday in New York.

Jensen Huang Admits First Nvidia Blackwell Chips Faced Hiccups, Praises Team For Amazing Recovery - Blackwell Ultra On Track For Second Half Of 2025

Nvidia CEO Jensen Huang acknowledged initial delays with the Blackwell AI chip but assured investors that Blackwell Ultra remains on track for a second-half 2025 release, while the company also prepares for its next-generation Verarubin architecture.

AI Is Stealing From You (Claim up to $41,430 a Year as Payback) - Ad

OpenAI openly states that "your data is used to improve model performance." but it's about time you got paid for that. Luckily, I've found a government-backed income stream that could pay you up to $41,430 a year in "AI equity checks." Best of all, it takes only five minutes and as little as $10 to get started!

Asia Markets Mixed, Europe Advances, Gold Gains 1.2% - Global Markets Today While US Slept

US markets closed higher on Friday, despite volatility and uncertainty over Ukraine. Asian markets also gained, while European shares neared record highs.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service