Uber Technologies Inc
Chipotle Mexican Grill to launch new spinoff, Farmesa Fresh Eatery, in a ghost kitchen
Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. It’s the latest attempt by the burrito chain to branch out into new cuisines. Its past spinoffs — Asian ShopHouse and Tasty Made — occurred under founder Steve Ells’ leadership and were shut down by 2017. The company […]
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Stocks making the biggest moves midday: Lyft, Spotify, Expedia, Yelp and more
Ramin Talaie | Corbis News | Getty Images Check out the companies making headlines in midday trading. Lyft — The ridesharing stock cratered 36% after issuing disappointing guidance for its first quarter. Lyft also got hit by a slew of downgrades from analysts who said Uber may look better positioned to capitalize on the broader […]
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Lyft inventory is receiving punished, down additional than 30% just after weak steerage
The Lyft brand is revealed on the display at the Nasdaq workplaces in Situations Sq. on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Shares of Lyft are established to drop 30% Friday, a working day just after the firm described steerage for its very first quarter of 2023 that […]
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Lyft shares tank 20% right after company difficulties weak steerage
Air travelers walk towards a Lyft pickup location at Los Angeles Intercontinental Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Illustrations or photos Lyft shares fell more than 20% throughout immediately after-several hours buying and selling just after issuing weak advice in its earnings report on Thursday. Right here […]
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Uber beats estimates and the stock is up
Dara Khosrowshahi, CEO of Uber, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023. Adam Galica | CNBC Uber documented fourth-quarter earnings Wednesday that conquer analysts’ estimates. Shares were being up extra than 6% in premarket investing. Here’s how the enterprise did: Earnings for every share: 29 cents vs. 18 […]
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Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
Check out the companies making headlines in premarket trading. Uber said it is “currently responding to a cybersecurity incident” after reports that a hacker compromised its systems. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Uber — The ride-hailing app’s shares rose more than 7% after it posted fourth-quarter earnings that topped analyst […]
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ByteDance is testing meals shipping assistance by means of its Chinese edition of TikTok
ByteDance’s Douyin has been trialing a food items supply support given that December as it appears to broaden its small business past promoting. Jakub Porzycki | Nurphoto | Getty Photographs ByteDance informed CNBC on Wednesday that it has been screening a kind of food shipping services in China by using its short movie app Douyin, […]
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Stock futures dip a little as traders evaluate Fed Chair Powell’s inflation remarks
Traders get the job done on the floor of the New York Stock Exchange (NYSE) all through early morning buying and selling on January 26, 2023 in New York City. Michael M. Santiago | Getty Visuals U.S. stock futures inched decrease in overnight buying and selling Tuesday. Dow Jones Industrial Regular futures fell by 19 […]
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SoftBank’s Eyesight Fund posts fourth straight quarter of losses as tech slump hits Japanese giant
SoftBank’s Eyesight Fund, the brainchild of the company’s founder Masayoshi Son, has faced a amount of headwinds like a slump in technological innovation shares as a final result of increasing interest charges, a tough China market place and geopolitics. Kentaro Takahash | Bloomberg | Getty Visuals SoftBank’s flagship investment decision arm the Vision Fund posted […]
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