Lyft’s Stock Soars, Canada’s Budget Delay, and AMD’s Bold Buyback

15/05/2025 11 min
Lyft’s Stock Soars, Canada’s Budget Delay, and AMD’s Bold Buyback

Listen "Lyft’s Stock Soars, Canada’s Budget Delay, and AMD’s Bold Buyback"

Episode Synopsis

In today's episode, we explore Lyft's impressive 30% stock surge following strong Q1 results and strategic moves, including a new stock buyback program. We also delve into Canada's unexpected delay of the federal budget to focus on a middle-class tax cut, sparking political debate. Lastly, we discuss AMD's announcement of a $6 billion share repurchase plan, signaling confidence in its growth trajectory and boosting market optimism. Join us for these stories and more on Simply News Radio.

Sources:
https://www.investopedia.com/lyft-stock-surges-on-new-usd750-million-buyback-plan-11731696
https://www.schaeffersresearch.com/content/news/2025/05/09/lyft-stock-pops-19-as-buyback-ride-metrics-impress-wall-street
https://www.mitrade.com/insights/news/live-news/article-8-813146-20250510
https://www.entrepreneur.com/finance/lyft-profitability-milestone-and-buyback-fuel-investor/491522
https://www.timothysykes.com/news/lyft-inc-lyft-news-2025_05_09/
https://www.ctvnews.ca/politics/article/opposition-slams-liberals-for-having-no-plans-to-table-budget-soon/
https://www.investmentexecutive.com/news/industry-news/liberals-planning-for-a-fall-economic-statement-but-no-budget-just-yet/
https://breakingthenews.net/Article/Canada-delays-full-budget-plans-fall-economic-update/64112252
https://www.bowenislandundercurrent.com/the-mix/liberals-planning-for-a-fall-economic-statement-but-no-budget-just-yet-10660512
https://www.ctvnews.ca/politics/article/carney-signs-order-to-prioritize-middle-class-tax-cut-after-first-meeting-with-new-cabinet/
https://www.investopedia.com/amd-stock-jumps-as-chip-designer-announces-new-usd6b-buyback-plan-11734508
https://www.stocktitan.net/news/AMD/amd-announces-new-6-billion-share-repurchase-lmt1118w3x2e.html

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