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IBM earnings miss, C3.ai CEO search, Lyft driver favorites
  • Investing

IBM earnings miss, C3.ai CEO search, Lyft driver favorites

  • July 24, 2025
  • Roubens Andy King
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00:00 Speaker A

It's time for Yahoo! Finance's Market Minute. Stocks are mixed, the Dow weighed down by IBM's post-earnings slump. Meanwhile, trade hopes lift the S&P 500 and Nasdaq. They are near records. Shares of C3 AI falling, the company's board's on the search for successor to CEO Tom Siebel. That decision coming after Siebel was diagnosed with an autoimmune disease earlier this year that caused, quote, significant visual impairment. Siebel will remain in his role as CEO until a new one's appointed, will then transition to an executive chairman role to aid that transition. Lyft is adding features to allow users to favorite and block drivers, as the company looks to boost loyalty on the platform. Passengers will be able to add a driver to their favorite Lyft list after a ride to increase chances of getting matched with them again in the future. Drivers added as a favorite by riders will get priority access to future scheduled ride requests. And that is your Yahoo! Finance Market Minute. Scan the QR code below to track the best and worst performing stocks.

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