Wall Street’s once favorite Magnificent Seven stocks seem to be losing their spark this year, as investors grow wary of their expensive

Lyft just reported fourth-quarter earnings, posting 15% growth in gross bookings to $4.3 billion. Revenue rose 27% year over year to $1.55 billion, which was slightly ahead of the consensus at $1.54 billion, and revenue continued to outgrow bookings as it became more efficient with its driver and rider incentives.