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DoorDash forecasts strong fourth quarter, bets on demand for online delivery

UPDATE 2-DoorDash forecasts strong fourth quarter, bets on demand for online delivery Adds analyst comments in last two paragraphs, updates shares in paragraph 10 By Ananya Mariam Rajesh Oct 30 (Reuters) - DoorDash DASH.O forecast fourth-quarter core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using the platform to order groceries to beauty products during the holiday period.
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DoorDash forecasts strong fourth quarter, bets on demand for online delivery

DoorDash forecasts strong fourth quarter, bets on demand for online delivery By Ananya Mariam Rajesh Oct 30 (Reuters) - DoorDash DASH.O forecast fourth-quarter core profit above estimates on Wednesday, as the online delivery firm bets on more consumers using the platform to order groceries to beauty products during the holiday period. The company also posted a profit for the first time since going public in late 2020 and beat quarterly revenue estimates.
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What to Watch in the Day Ahead - Thursday, October 31

What to Watch in the Day Ahead - Thursday, October 31 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT Analysts expect Apple to report a 5.5% growth in quarterly revenue for its fourth fiscal quarter.
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U.S. Agilon Health, Alphabet, Crocs

U.S. RESEARCH ROUNDUP-Agilon Health, Alphabet, Crocs Oct 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agilon Health, Alphabet and Crocs, on Wednesday. HIGHLIGHTS * Agilon Health Inc AGL.N : Citigroup cuts to sell from neutral * Alphabet Inc GOOGL.O : Seaport Research Partners raises to buy from neutral * Crocs Inc CROX.O : Raymond James cuts to market perform from outperform * Leggett & Platt Inc LEG.N : Piper
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Netflix communications chief and global public policy executives to exit

Netflix communications chief and global public policy executives to exit Oct 29 (Reuters) - Netflix NFLX.O said on Tuesday that Vice President of Global Public Policy Dean Garfield, and Chief Communications Officer Rachel Whetstone are leaving the company. The streaming platform co-CEO Ted Sarandos is seeking candidates for a newly created role, chief global affairs officer, to oversee public policy and communications.
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Uber Eats Now Accepting Snap EBT Nationwide With Albertsons Companies, Walgreens

BRIEF-Uber Eats Now Accepting Snap EBT Nationwide With Albertsons Companies, Walgreens Oct 29 (Reuters) - Uber Technologies Inc UBER.N : UBER EATS NOW ACCEPTING SNAP EBT NATIONWIDE WITH ALBERTSONS COMPANIES, WALGREENS Source text: ID:nPn64xn27a Further company coverage: UBER.N
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What to Watch in the Week Ahead and on Monday, October 28

What to Watch in the Week Ahead and on Monday, October 28 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Ford is expected to report higher third-quarter revenue and profit, aided by sales of its commercial vehicles.
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Alphabet's Waymo closes $5.6 bln funding to expand autonomous ride-hailing service

Alphabet's Waymo closes $5.6 bln funding to expand autonomous ride-hailing service Oct 25 (Reuters) - Alphabet's GOOGL.O self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride-hailing service. Automakers and technology companies are investing in autonomous ride-hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and tight regulatory scr
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Founder's syndrome gets a new enabler

RPT-BREAKINGVIEWS-Founder's syndrome gets a new enabler The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, Oct 25 (Reuters Breakingviews) - How do you deal with a problematic founder-CEO without undermining the company? A few years ago, shareholders in WeWork and Uber Technologies UBER.N ditched the bosses.
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Founder's syndrome gets a new enabler

BREAKINGVIEWS-Founder's syndrome gets a new enabler The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, Oct 25 (Reuters Breakingviews) - How do you deal with a problematic founder-CEO without undermining the company? A few years ago, shareholders in WeWork and Uber Technologies UBER.N ditched the bosses.
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U.S. Appfolio, S&P Global, Uber

U.S. RESEARCH ROUNDUP-Appfolio, S&P Global, Uber Oct 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Appfolio, S&P Global, and Uber on Friday. HIGHLIGHTS * Appfolio Inc APPF.O : Piper Sandler cuts target price to $265 from $300 * Marinus Pharmaceuticals Inc MRNS.O : TD Cowen cuts to hold from buy * Newmont NEM.N : Scotiabank cuts to sector perform from sector outperform * S&P Global Inc SPGI.N : JP Morgan cuts targ
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Tesla soars as Musk expects EV volume growth next year

BUZZ-Tesla soars as Musk expects EV volume growth next year ** Shares of EV maker Tesla TSLA.O rise 10.3% to $235.59 premarket ** CEO Elon Musk says TSLA expects 20%-30% growth in vehicle volume in 2025; expects interest rates to decline, lowering monthly payments and making co's cars more affordable ** TSLA says on track to make more affordable model, starting 1H25 ** Peers Lucid LCID.O , Rivian RIVN.O up 2% and 1.9% respectively, premarket ** Musk says Tesla has been testing ride-hailing with
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Tesla rallies most in over a decade on Musk's bold EV forecast

UPDATE 6-Tesla rallies most in over a decade on Musk's bold EV forecast Tesla adds about $150 bln in market value after share jump Musk forecast 20%-30% sales growth in 2025 Stock jump seen as relief rally, some short covering - investor 7 brokerages raised price targets with median of $221 - LSEG Updates for markets close By Abhirup Roy SAN FRANCISCO, Oct 24 (Reuters) - Tesla TSLA.O shares closed up nearly 22% on Thursday - their biggest single-day gain in over a decade - as CEO Elon Musk's bol
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Tesla promises paid robotaxis next year, but significant hurdles remain

UPDATE 2-Tesla promises paid robotaxis next year, but significant hurdles remain Tesla robotaxi to face regulatory and technical challenges Waymo spent years testing before receiving permits in California Tesla hasn't applied for driverless testing permit in California Updates Oct 23 story with details and updated stock movement By Chris Kirkham Oct 23 (Reuters) - Tesla TSLA.O CEO Elon Musk on Wednesday said the electric vehicle maker will roll out driverless ride-hailing services to the public
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Tesla jumps as EV giant surprises with deliveries forecasts

BUZZ-Tesla jumps as EV giant surprises with deliveries forecasts Updates ** Shares of Tesla TSLA.O jump 11.8% to $238.83 in after-hours trading ** CEO Elon Musk said he expects 20% to 30% vehicle growth next year ** Forecasts "slight growth" in deliveries this year ** Company's adjusted profit of 72 cents per share in Q3 beat est. of 58 cents - LSEG data ** TSLA's profit margin from vehicle sales, excluding regulatory credits, grew to 17.05% from 14.6% in the prior three-month period, according
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ServiceNow forecasts quarterly subscription revenue above estimates as AI boosts demand

ServiceNow forecasts quarterly subscription revenue above estimates as AI boosts demand Oct 23 (Reuters) - ServiceNow NOW.N forecast fourth-quarter subscription revenue above Wall Street estimates on Wednesday, indicating a robust demand as businesses turn to its AI-driven products for managing their IT services. The Santa Clara, California-based company also raised annual subscription revenue forecast, driven by demand from both new and existing customers.
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GM clings to its first in class status

RPT-BREAKINGVIEWS-GM clings to its first in class status The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 22 (Reuters Breakingviews) - General Motors GM.N is riding easy -- for now. After years of struggling to transform into an electrified rival to Tesla TSLA.O , the Detroit-based automaker is defying expectations, pumping up prices and edging ahead of its old-guard peers.
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GM clings to its first in class status

BREAKINGVIEWS-GM clings to its first in class status The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Jonathan Guilford NEW YORK, Oct 22 (Reuters Breakingviews) - General Motors GM.N is riding easy -- for now. After years of struggling to transform into an electrified rival to Tesla TSLA.O , the Detroit-based automaker is defying expectations, pumping up prices and edging ahead of its old-guard peers.
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U.S. Galapagos, Marsh & Mclennan, Travelers

U.S. RESEARCH ROUNDUP-Galapagos, Marsh & Mclennan, Travelers Oct 22 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Galapagos, Marsh & Mclennan and Travelers, on Tuesday. HIGHLIGHTS * Contineum Therapeutics Inc CTNM.O : Baird initiates coverage with outperform rating * Galapagos NV GLPG.O : JP Morgan cuts target price to $32 from $37 * Marsh & Mclennan MMC.N : KBW raises target price to $212 from $209 * Travelers TRV.
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US probes Tesla's Full Self-Driving software in 2.4 mln cars after fatal crash

UPDATE 6-US probes Tesla's Full Self-Driving software in 2.4 mln cars after fatal crash NHTSA opens inquiry after 4 reports of crashes where FSD used First step to any potential recall Tesla's camera-only approach has attracted some criticism Updates throughout with details of pedestrian crash, DOJ review, updates share price By David Shepardson and Akash Sriram WASHINGTON, Oct 18 (Reuters) - The U.S.
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