DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter….
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Target’s Store Closures Raise Eyebrows. What’s Really Going on With Retail Theft?
Target garnered national attention last week when it said it would close stores in four major cities, citing rising problems with theft and violent crime. But while such moves make it clear that the retail industry is struggling with a theft problem, it’s surprisingly hard to get concrete picture of just how big that problem…
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Home Depot’s Earnings Hit Lowe’s Stock Too. Here’s Why.
Home Depot’s downbeat forecast sent a chill through the home-improvement sector and the wider market last week. That pushed down Lowe’s stock, albeit temporarily, and led to lower expectations for the rival retailer’s coming results, slated for early Tuesday. Analysts had already been lowering their earnings and revenue estimates for Lowe’s (ticker: LOW), which stood…
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This Truck Maker Can Ride Out a Recession. Why It’s Time to Buy the Stock.
Before Steven Spielberg reached blockbuster success with Jaws, he made Duel, about a driver terrorized by a massive tanker truck. The story didn’t end well for the homicidal Peterbilt rig that the director used in the film, but investors should find a happier ending with the truck’s maker, Paccar. These days, Paccar (ticker: PCAR), which…
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Zoom is struggling to convince consumers to pay, and the stock is sliding
Zoom Video Communications Inc. is struggling to convince people to pay for its videoconferencing service in the third year of the COVID-19 pandemic, contributing to a trimmed forecast and falling stock price Monday. Zoom ZM, -0.97% executives reduced their earnings and revenue guidance for the fiscal year Monday afternoon, and Zoom Chief Financial Officer Kelly…
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DoorDash is trying to plan for the end of the pandemic while benefiting from it
DoorDash Inc. has benefited from the pandemic, but the delivery company hopes it can branch out beyond prepared-food delivery for greater sustainability. Restaurants have reopened along with the rest of the economy, but with the delta variant of COVID-19 surging in many states, delivery platform DoorDash is still expected to show strong results when it…
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