DoorDash reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. But the company's shares fell 12% in after-hours trading Wednesday as investors appeared concerned about rising costs. DoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. The loss, of 6 cents per share, was higher than the 3-cent loss Wall Street had...
Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could control "the entire internet." At a hearing overnight, Australia's Federal Court ordered
Harvey Weinstein will be retried “sometime after Labor Day” a judge said today, during the disgraced movie mogul’s first appearance in court since his 2020 rape conviction was overturned by a New York court last week (via ABC News). “We believe in this case, and we will be retrying this case,” prosecutors added (via Deadline). “It was a strong case in 2020 and it remains a strong case in 2024.” Weinstein was brought into the courtroom in a wheelchair today, for a hearing that lasted less than...
Activity in the manufacturing sector deteriorated again in April, new data
HSBC Holdings plc announced on Tuesday its revenues increased by 0.3% from the same period a year ago to $20.8 billion in the first fiscal quarter of 2024.The bank's profit before tax decreased by $0.
As we move closer toward the semi final stage of this year's Champions League, just four clubs remain in the standings—BVB Borussia Dortmund, Paris Saint-Germa
FirstCry, an omnichannel retailer for baby and mother care products, is likely to refile its draft initial public offering (IPO) papers with the Securities and Exchange Board of India (Sebi), following the regulator’s queries over the lack of adequate disclosure in key performance indicators (KPI), said people familiar with the matter.The SoftBank-backed firm is expected to make changes in the coming weeks and refile the draft IPO papers with the latest financials, as of March 2024, they...
Christina Applegate contracted sapovirus—a virus transmitted through fecal-oral contact—amid her battle with multiple sclerosis: "Someone else's poop went into my mouth and I ate it."
Amnesty International said Wednesday that the post-World War II order was on the "brink of collapse", threatened by bitter conflict on multiple fronts to the rapid and unregulated rise of artificial intelligence."For millions the world over, Gaza now symbolises utter moral failure by many of the architects of the post-World War Two system," she said.
A couple have relocated from Buckinghamshire to Cornwall to take on a beloved 16th century pub in Pelynt after it closed at the beginning of the year
Qualcomm (QCOM) stock is being lifted Thursday morning by upbeat sales forecasts, topping fiscal second-quarter earnings estimates on the top and bottom lines. The Morning Brief Anchors Akiko Fujita and Brad Smith review the semiconductor company's revenue figures and what it signals for smartphone demand. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
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