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DOORDASH SHARES DROP
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...- Viral video of elderly DoorDash driver working to make ends meet leads to $500,000 in donationsA viral video of Richard Pulley, a 78-year-old working as a delivery driver in Manchester, sparked widespread support online. The clip feat...
- DoorDash shuts down driver's account after AI-generated image used to fake deliveryDoorDash has banned a rider after an AI-generated image was allegedly used to fake a delivery, TechCrunch reported. The case emerged after ...
- Doordash stock plunges over 15% after company unveils big spending plansDoordash plans to spend big on new technology, autonomous delivery, and global growth. The company bought Deliveroo and SevenRooms this yea...
- DoorDash shares drop as new investment plan unnerves investorsDoorDash shares tumbled nearly 9% after the company announced plans to invest hundreds of millions more in 2026, unnerving investors amid r...
- DoorDash is on a $5 billion buying spree after earnings beatIn a bold global expansion move, DoorDash announced $5.1 billion in acquisitions—UK-based Deliveroo and tech firm SevenRooms—while posting ...
- US stock market futures today: Why are Dow Jones, S&P 500, and Nasdaq futures swinging amid Spain blackout, Microsoft, Meta, Amazon earnings, and Trump's struggling economy?US stock market futures today are swinging wildly as Wall Street faces a nerve-wracking week packed with tech earnings and key economic dat...
- DoorDash orders surge 24% in the third quarter, losses narrowed to $73 millionThe San Francisco delivery company said Wednesday its total orders grew 24% to 543 million in the July-September period compared to the sam...
- $388 in Sushi and a $20 tip: the brutal math of UberEatsFood delivery soared in popularity during the height of the pandemic, when delivery drivers were called heroes who risked getting sick so o...
- General Motors to pay $2.1 billion for SoftBank's stake in Cruise's self-driving unitFor $2.1 billion, General Motors will buy SoftBank Vision Fund 1's equity ownership of Cruise's driverless vehicle company. Softbank's exit...
- SoftBank's woes are mountingPlunging profit, wobbly shares and a key executive’s departure after a bitter pay dispute beget the question: Will SoftBank rein in its fre...
- Zomato trading at heavy discount to listing price: Should you grab a bite?Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.
- Fall Season: New-age Indian companies feel the heatInvestors had lapped up the tech stocks, boosting valuations, on account of record-low yields on bonds. Analysts said compressed bond yield...
- SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
- Madhya Pradesh mandates negative COVID-19 report for travellers from Maharashtra
- Some of 2020’s most expensive stocks sink in year-end selloffZoom Video Communications Inc. and DocuSign Inc., fell more than 6 per cent on Monday.
- The current IPO craze is starting to look a lot like 1999 tech bubbleThe FTSE Renaissance Global IPO Index, which tracks the performance of offerings worldwide, is up 82 per cent this year, compared with a 12...
- Nikkei posts first weekly loss in six on Brexit, virus worriesThe Nikkei share average shed 0.39% to close at 26,652.52, losing 0.37% for the week. The broader Topix, however, ended 0.33% higher at 1.7...
- Wall Street ends lower on stimulus uncertainty, Facebook weighsInvestors are banking on a long-awaited relief package to help buttress an economy battered from the COVID-19 pandemic and related lockdown...
- The sharing economy faces the abyss in a pandemicUber told investors this month that it expected to close out the year with between $4 billion and $6 billion in cash. That’s a lot of money...
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