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DoorDash stock falls after acquisition of Wolt, executives revise guidance
DoorDash Inc. shares fell Wednesday after the company closed the acquisition of a European food-delivery service and executives updated their guidance to forecast a decline in sales for their new property. DoorDash Inc. shares fell Wednesday after the company ...
Updated: 06/02/2022
Tiger Global cuts some tech losers, adds new stakes in Carvana and Netflix
... Coleman's firm. It added to its stake in online used-vehicle dealer Carvana Co., which has lost more than two-thirds of its value since the end of the quarter. It exited 83 stocks, including Netflix Inc. and Adobe Inc., while paring its holdings of DoorDash Inc., according to a filing Monday. It added just two new positions. Dave Inc., a digital banking-services provider, has plunged 64% since March 31. Tiger Global's flagship hedge fund suffered a 15% decline in April, extending its loss for the year to ...
Updated: 05/17/2022
SoftBank reports record annual net loss
... 5 trillion net profit the previous fiscal year. The company's results tend to swing widely because they follow the volatile movements of technology shares that SoftBank has invested in, including U.S. companies such as Uber Technologies Inc. and DoorDash Inc. Interest-rate increases by the Federal Reserve and other central banks, as well as tighter Chinese government regulations on the tech industry, have weighed on valuations of high-growth tech stocks.
Updated: 05/12/2022
Uber, Lyft stock tumble more than 10% after broad market selloff
... combined $9.12 billion in market value on Monday after a broad market selloff. The nation's three largest app-based gig companies extended their losing streaks and shedded a combined $9.12 billion in market value on Monday after a broad market selloff. DoorDash Inc. The stock closed at an all-time low after sinking 11% to $64.18, its largest percentage decrease since March 14, when it fell 12.54%. It was the worst three-day stretch for the shares since March 7, when they fell 22.93%. The company lost $2.76 billion ...
Updated: 05/10/2022
DoorDash revenue up 23% on strong orders
DoorDash Inc. said on Thursday that the business continues to grow, with total orders increasing 23% year over year to top 400 million for the first time, leading to a beat in revenue but larger losses than expected. DoorDash Inc. said on Thursday that the business ...
Updated: 05/05/2022
Superette partners with DoorDash to provide cannabis pickup in Canada
Superette and DoorDash Technologies Canada Inc. DASH has entered into a partnership to provide cannabis pickup in Toronto, Canada.terrorism of customers who want to access the best of their neighborhood through the convenience of an app is recognized by Superence Superette and DoorDash Technologies ...
Updated: 04/25/2022
Dow closes 2nd day higher on strong P&G earnings
... companies with fortunes were seen to have been boosted by the pandemic trends, such as lockdown measures. Streaming peers Walt Disney, Roku and Warner Bros Discovery all dropped more than 5.5% while stay-at- home rivals Zoom Video Communications , Doordash and Peloton Interactive saw their shares fall between 6% and 11.3%. The financials of PayPal Holdings Inc and Block Inc fell more than 8.5%. Marqeta Inc and SoFi Technologies Inc fell 5.6% and 6.2% respectively. Jason Pride , chief investment officer of private wealth at Glenmede, said that once profits move so far, it becomes harder to get that next ...
Updated: 04/21/2022
Mastercard's Gemini credit card launched in all 50 states
... groceries, and 1% on all other purchases with a credit card. There is no exchange fee to get the rewards. There is no annual fee and no foreign transaction fees with the card. Customers will be able to use the Gemini Credit Card anywhere Mastercard Inc is accepted.
Updated: 04/16/2022
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