A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty ImagesDoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026.The stock plummeted 20% following the report.Here’s how the company did compared to LSEG estimates:Earnings: 55 cents per share vs 69 cents per share expectedRevenue: $3.45 billion vs $3.36 billion expected.”We wish there was a way to grow a baby into an adult without investment, or to see the baby grow into an adult overnight,…
Author: usaeverydaylife
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks were staging a comeback following a nasty selloff on Tuesday. But the rally has not been concentrated in AI-related names. It has developed as a broader move, driven by a few developments. Most notably, the ADP payrolls report showed private employers added 42,000 jobs in October, more than the Dow Jones consensus estimate of 22,000. That’s a nice turnaround from September’s loss and helped cool fears around a weakening…
Michael Burry unnerved investors this week with seemingly fresh wagers against artificial intelligence favorites Nvidia and Palantir Technologies . However, despite the splash his disclosure made, the famed “Big Short” investor is likely sitting on losses from those bearish bets. Burry’s hedge fund, Scion Asset Management, held about 50,000 put contracts on Palantir and 10,000 on Nvidia at the end of the third quarter, according to a regulatory filing. The news exacerbated a sell-off in AI names Tuesday as investor concerns about sky-high valuations deepened. The disclosure also prompted a sharp reaction from Palantir CEO Alex Karp, who called Burry’s…
With the S & P 500 enduring a few sharp declines recently, today we’ll review three key technical indicators that we’re keeping a close eye on for potential warning signs of a bigger downturn. We’ll be discussing two-way volatility, comparing the index’s recent pullback to prior drawdowns the last few months, and breaking down the MACD indicator (which is now flashing a sell signal). Two-Way Volatility has Returned One of the key characteristics of an uptrend is low volatility. We track this by monitoring the number of absolute 1% daily moves for the S & P 500 on a rolling monthly basis. Conditions have remained historically calm…
A pedestrian walks past Amazon Ireland corporate offices in Dublin, as Amazon.com, Inc., said on Tuesday it plans to cut its global corporate workforce by as many as 14,000 roles and seize the opportunity provided by artificial intelligence (AI), in Dublin, Ireland, Oct. 28, 2025. Damien Eagers | ReutersA new bipartisan bill seeks to provide a “clear picture” of how artificial intelligence is affecting the American workforce.Sens. Mark Warner, D-Va., and Josh Hawley, R-Mo., on Wednesday announced the AI-Related Job Impacts Clarity Act. It would require publicly traded companies, certain private companies and federal agencies to submit quarterly reports to…
Check out the companies making the biggest moves midday: Unity Software — The video game company rallied 8% on better than-expected results for the third quarter. Unity’s fourth-quarter revenue guidance also exceeded expectations. Allegiant Travel — The travel stock surged 22% after the company hiked its full-year earnings outlook. Allegiant expects 2025 earnings to top $3 per share, above a prior guidance of $2.25 per share. Perrigo – The pharmaceutical stock fell 20% on mixed third-quarter results. Earnings per share of 80 cents, excluding certain items, beat a FactSet estimate of 76 cents per share. However, revenue missed expectations. Perrigo…
BlackRock is expecting a banner month for municipal bonds. November has been the best month of the year for municipal bonds over the last 10 years, averaging a total return of 1.26%, according to Patrick Haskell, head of BlackRock’s municipal bonds group. Combined with December’s historically strong performance, the fourth quarter has been the top-performing period of the year, he said. “We anticipate a similar dynamic in 2025,” Haskell wrote in a recent note. BlackRock manages over $181 billion in municipal assets for clients. Contributing to that strong showing has been November’s average 31% month-over-month decline in issuance over the…
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty ImagesParamount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav and the WBD board deliver.WBD is openly for sale and intends to publicly announce its plans toward the middle or end of December, according to people familiar with the matter, who asked not to be named because the discussions are private. The legacy media giant, run by Chief…
Elon Musk, CEO of Tesla Inc., arrives at the Tesla plant in Gruenheide, Germany, on March 13, 2024.Krisztian Bocsi | Bloomberg | Getty ImagesTesla sold just 750 electric vehicles in Germany for October 2025, less than half of what it sold a year ago, according to data out Wednesday from the country’s federal transport authority, known as KBA.In October last year, Tesla sold 1,607 EVs in Germany.KBA data shows 434,627 new battery electric vehicles year to date, the KBA data said, up nearly 40% from the same period last year. Of those EVs, 15,595 were Teslas, a decline of 50%…
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025. Nathan Howard | ReutersTraders slashed odds that the Supreme Court will uphold President Donald Trump’s aggressive tariffs after justices on Wednesday signaled doubts about the legality of the administration’s sweeping trade powers.On Kalshi, contracts tied to whether the court would rule in favor of Trump’s tariffs slipped to around 30%…
