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

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