A company press release Tuesday that erroneously projected a measure of earnings margin to expand by 500 basis points (bps). In reality, Lyft expects margins to grow by 50 bps.
More numbers are due out before the next FOMC meeting in March, but if they are similar to today's data, the Fed will likely delay any interest rate cuts
Startups will need to avoid stumbles because "you want to be putting yourself out there as a good, sophisticated and responsible founder," Fenwick & West partner Jonathan Sagot said.