Russia-Ukraine Tensions Cloud Trading Day

05:27pm, Thursday, 17'th Feb 2022 Baystreet Canada
Stocks declined Thursday as investors eyed the Russia-Ukraine conflict and digested corporate earnings reports. The Dow Jones Industrials caved 371.05 points, or 1.1%, to 34,567.22 The S&P 500 fell 50.69 points, or 1.1%, to 4,424.32. The NASDAQ stumbled 219.68 points, or 1.6%, to 13,904.41. The selloff in stocks was broad-based, with financials and technology leading S&P 500 sectors lower. For the week, the S&P 500 is marginally higher and the NASDAQ Composite is up more than 1%. The Dow is the relative laggard, down slightly on the week. Investors also digested a slew of corporate earnings reports. Palantir sunk more than 11% after the company missed profit expectations. Nvidia fell more than 8% despite a better-than-expected earnings report as the chip maker’s first-quarter gross margin guidance came in slightly lower than analysts expected. Walmart topped expectations and reaffirmed guidance, sending its shares up more than 1%. Cisco rose more than 4% after the company also topped estimates and raised guidance.
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DoorDash co-founder Tony Xu: We just busted this post-pandemic myth

03:21pm, Thursday, 17'th Feb 2022 Yahoo Finance
DoorDash co-founder has a hot take on the state of food delivery.
NEW YORK , Feb. 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DASH, FVRR, UPST, OC, and AAPL. … Full story available on Benzinga.com
DoorDash Inc (NYSE: DASH) has partnered with Albertsons Companies Inc (NYSE: ACI) to launch an express grocery delivery service. Consumers in more than 20 major cities across the U.S. will now be
DoorDash (DASH) has launched express grocery delivery in partnership with Albertsons Companies (ACI) to deliver fresh groceries in under 30 minutes, .Consumers in more than 20 major…
Shares of DASH stock are popping after the company reported Q4 earnings. However, a slew of analysts lowered their price targets.
The company also gave upbeat guidance for the full year, suggesting that it expects demand for food delivery to remain strong despite Covid restrictions easing.

Why DoorDash Shares Are Trading Higher Today

01:37pm, Thursday, 17'th Feb 2022 Benzinga
DoorDash Inc (NYSE: DASH ) is trading significantly higher Thursday morning after the company announced better-than-expected top line results. DoorDash said quarterly revenue grew 34% year-over-year to $1.3 billion, which beat the $1.28 billion estimate. The company reported an earnings loss of 45 cents per share, which came in below the estimate for a loss of 27 cents per share. Orders totaled 369 million, up 35% year-over-year and monthly active users reached a record 25 million, up 22% … Full story available on Benzinga.com

DoorDash shares surge on revenue beat, stand out among pandemic darlings

01:19pm, Thursday, 17'th Feb 2022 Channel NewsAsia
Shares of DoorDash Inc surged 26per cent in premarket trade on Thursday after the food-delivery company beat estimates for quarterly revenue, a rare bright spot among stay-at-home darlings that have seen their stocks languish post results.The company''s 34per cent revenue rise, although slower than the b
DoorDash shares surge on revenue beat, stand out among pandemic darlings
"That's over 100 shopping occasions a month," DoorDash's Tony Xu told CNBC on Thursday.
Dow Jones futures were lower Thursday, as Cisco Systems and Walmart reported earnings. Nvidia stock slid on earnings results.

Services - DoorDash stock delivers a 39% jump as orders soar

01:01pm, Thursday, 17'th Feb 2022 Business Mag
Orders topped 369 million for the period, and the value of the orders grew 36%. DoorDash stock is going through the roof after the company posted better than expected Q4…

Futures Slide Following Reports Of Ukraine Shelling

01:01pm, Thursday, 17'th Feb 2022 Zero Hedge
Futures Slide Following Reports Of Ukraine Shelling It was a relatively quiet overnight session until just before 11pm ET on Wednesday, when Russia''s RIA Novosti news agency reported that Russian-backed separatists claimed Ukrainian forces had violated cease-fire rules in four places with a message posted on the self-proclaimed Donetsk People''s Republic (DNR)’s Telegram channel claiming that "the situation on the line of contact has sharply escalated. The enemy is making attempts to unleash active hostilities." This was followed promptly by the Ukrainian government returning the accusation and pointing the finger at separatists as being behind the shooting. Amid the he fired, she fired confusion, monitors from the Organization for Security and Cooperation in Europe (OSCE), which has been observing the situation in eastern Ukraine, recorded numerous shelling incidents along the line of contact in Donbas on Thursday morning, a diplomatic source told Reuters. The breathless reporting was enough to send US equity futures tumbling 30 points in just a few seconds… ... while Treasury yields also collapsed... ... and gold spiked higher When the smoke had settled - so to speak - U.S. equity futures dropped 15 points or 0.34% to 4455, reversing much of the overnight loss, with Nasdaq and Dow futures down 0.52% and 0.28% respectively, while Europe’s Stoxx 600 Index was little changed and Asian shares edged up.
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