Food-delivery platform DoorDash Inc. plans to lay off about 1,250 employees, becoming the latest technology company to admit that it grew expenses too rapidly for the current climate. Chief Executive Read more
Tag: DASH
DoorDash orders hit all-time records as growth continues; stock shoots higher
DoorDash Inc. handily beat third-quarter revenue expectations and reported all-time highs in total orders and gross order value, though the food-delivery company’s quarterly loss was wider than expected in results Read more
DoorDash earnings: What to expect
DoorDash Inc. is scheduled to report third-quarter earnings Thursday afternoon, after the close of markets in the U.S. Analysts on average expect DoorDash’s DASH, +4.15% quarterly losses to double from Read more
As DoorDash stock hits lowest price ever, analysts track a slowdown in food delivery
The food-delivery business has seen lots of ups and downs this year — shutdowns, layoffs, consolidations — as consumers resume their pre-pandemic ways. Now, data and insider commentary about the Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm New Constructs. Read more
New union rallies at Uber HQ with ‘a core goal of winning union rights for gig workers’
Ride-hailing drivers, delivery workers and their supporters on Wednesday converged in front of Uber Technologies Inc.’s San Francisco headquarters to announce that they have formed a union. The California Gig Read more
‘Gig work’ rule is in Biden administration’s crosshairs, sending DoorDash and Lyft stocks to all-time lows
The Labor Department on Tuesday proposed a rule that could cut at the heart of the business models of Uber Technologies Inc., Lyft Inc., DoorDash Inc. and other companies that Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more
Affirm added to ‘zombie’ stocks list by equity research firm New Constructs
Buy now pay later operator Affirm has been added to the list of ‘zombie’ stocks compiled by independent equity research firm New Constructs. The research firm, which uses machine learning Read more
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