Tripadvisor Inc. TRIP, +0.34% shares dived 17% to $19.74 in after-hours trading Monday after the company posted profit below analysts’ expectations for the latest quarter. The online travel company posted Read more
Tag: E-commerce
Lyft rides price increases to record revenue, but stock still sinks
Lyft Inc. attracted fewer customers in the third quarter than Wall Street expected, but record-high ride-hailing prices sent the company to its highest quarterly revenue ever anyway, executives said Monday. Read more
Amazon stock breaks long-term chart support, and the worst may still be to come
Amazon’s stock has tumbled enough over the past week to do real damage to its long-term chart — and enough to warn investors the worst may be yet to come. Read more
Chinese tech sector leads Hong Kong market rebound
Shares of Chinese technology companies rebounded in Hong Kong after a report that U.S. audit officials have completed the first round of on-site inspection of U.S.-listed Chinese companies. The Hang Read more
Chinese tech sector leads Hong Kong market rebound
Shares of Chinese technology companies rebounded in Hong Kong after a report that U.S. audit officials have completed the first round of on-site inspection of U.S.-listed Chinese companies. The Hang Read more
Apple reportedly pauses hiring for many roles, joining Amazon in belt-tightening
Apple Inc. reportedly has put a pause on hiring for positions that aren’t in research and development, joining a string of other tech companies that are scaling back their once-robust Read more
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
Amazon.com funneling more dollars to women fighting climate change
It’s all hands on deck if the world is to solve its climate-change dilemma in just a few decades. But money in female entrepreneurial hands is much harder to come Read more
Lyft lays off 13% of workers in second round of cuts this year, maintains financial guidance
Lyft Inc. is laying off 13% of its workforce, which amounts to 683 jobs, in what its executives are calling a proactive step as they look to a possible recession Read more
Tim Cook has been an excellent leader for Apple – these numbers prove it
How good is a company’s chief executive officer at investing your money most efficiently? This is an important question for long-term investors. It may underline the difference between a steady Read more