Is it possible that Lyft is on the road to recovery after topping Q1 estimates

Uber shares are trading lower Wednesday morning after the company posted its first quarter results. Lyft (LYFT) shares are rising as the company beat revenue expectations on the top and bottom line. Lyft ridership increased at its fastest pace since 2022. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for both companies.

Lyft beat first-quarter earnings estimates, reporting $1.28 billion in revenue, pushing the stock higher in extended trading hours. D.A. Davidson Senior Research Analyst Tom White weighs in on the ride-hail company's growth in gross bookings and active rider counts. White: "We're seeing Lyft kind of recapture some share"