DoorDash, Inc. (DASH) Stock Soaring High in Pre-Market Following Release of its Financials
DoorDash, Inc. (DASH) is a tech-driven company that connects customers with desired enterprises globally. The company enables local businesses to address customers’ expectations of ease and immediacy. The company is bringing people closer, by building the logistics infrastructure for localized commerce. The price of DASH stock during the regular trading on February 16, 2022, with […]
Peloton’s Second Consecutive Win Over Wall Street’s Earnings Estimates
Shares of Peloton Interactive Inc (PTON), up almost 341.76 percent since the beginning of the year, concluded Friday trading at a loss of 0.92 percent to close the week at $125.46. Posting beating quarterly results for the fiscal first quarter 2021 ended September 30 also remained failed to that slip of the interactive fitness product […]
T-Mobile Us Inc (TMUS) agreed to pay $200 million fine for noncompliance
The Government said on Wednesday that T-Mobile US Inc has to pay $200 million to resolve an FCC investigation. The T-Mobile US Inc was facing allegations that it was unable to comply with rules on a low-income subsidy program about its Sprint unit. The Sprint received government subsidies under the Lifeline program for more than […]
BP (NYSE: BP) back to profits despite no improvements in demand
Oil giant BP (NYSE: BP) finally saw the green again in its third quarter following a troublesome year due to covid-19. Nevertheless, the overall crisis persistently damaged demand for oil. BP plc (NYSE: BP) stock was down 1.08% to $15.63 in the pre-market on Tuesday October 27, 2020. Its Revenue is down 56.36% to 31.55 […]
Tesla inc. (TSLA) made new records despite pandemic concerns
Electric car giant Tesla inc. (TSLA) revealed profits in a fifth quarter on the trot, as its sales surged to a new height despite the pandemic. The company announced in results that it managed to hit $8.7 billion in revenue in the quarter ending in September, as deliveries go up 54%. Tesla (TSLA) showed optimism […]
British Airways makes changes at top end amid covid-19 catastrophe
British Airways is set to replace chief executive Alex Cruz as the airline faces massive challenges. Mr Alex Cruz has been serving BA since 2016. As reported he Aer Lingus boss Sean Doyle will take his duties in the company. Mr Cruz is also holding non-executive chairman role for the British Airways. He will sustain […]
US unemployment rate slides again after a temporary surge
US unemployment rate plunged again almost 8% that was the 5th drop on the trot.It was lesser than the prediction made by the analysts in September that America’s rebound from the economic collapse triggered by the coronavirus pandemic is slowing.As reported, 661,000 jobs were created instead of 800,000 anticipated by the experts.Nonetheless, the US has […]
Virgin Atlantic ready to cut more jobs in 1.2 billion Saving Plan
According to reports, Air carrier Virgin Atlantic is set for massive layoffs after finalizing a £1.2 billion saving plan that will help survive its prospect for at least a year and a half. The airline said it will slash more 1150 employees from its payroll after making 3,500 redundancies from the total of 10,000 employees […]
Amazon (AMZN) is hiring 7000 more in the UK as it sees boost during the lockdown
According to the latest publications, Amazon (AMZN) is set to announce 7000 vacancies in the UK after already adding 3000 jobs this year taking the tally to 10000, as the demand surged this year.The statement from the giant online retailer said that these new positions will be permanent with the standard minimum wage of £9.50 […]