(DoorDash) Delivery startup DoorDash Inc. fell more than 5% on Friday premarket trading despite posting a revenue of $1.25 billion in the second quarter. The revenue was up 83% year…
(Walt Disney) Walt Disney’s revenue in the third quarter was $17.022 billion, up 45% from the comparable quarter of 2020. The sales were boosted by the economic reopening that saw…
(NAR) The median sales prices of existing homes in the US jumped by a record 22.9% in the second quarter, from a year ago, to hit a price of $357,900.…
(BLS) US producer prices rose by 1.0% in July, more than expected 0.6%, pointing to further input cost increases and inflation. Services accounted for nearly three-quarters of the July advance…
(Department of Labor) US jobless claims fell by 12,000 for the week that ended August 7 to hit an expected level of 375,000. On a 4-week moving average, jobless claims…
Investor judgments of Fed’s policy tightening weighed on US stocks which fell for the first time in three trading sessions from previous record highs. The fall in US equities reflected…
(Brookfield) Brookfield Asset Management Inc. announced a net income of $2.4 billion in the second quarter, from a $1.5 billion loss in the same period last year. The Toronto Asset…
(Palantir) Palantir Technologies announced a loss of $138.6 million in the second quarter, from a $110.5 million loss in the same quarter last year. The company reported a $262.1 million…
(Baidu Inc.) Baidu Inc. reported a net loss of RMB583million or $90 million in the second quarter, down from RMB 3.6 billion profit in the same period last year. The…
(Office for National Statistics) UK gross domestic product surged by 4.8% in the second quarter, following the easing of coronavirus restrictions. The UK GDP is now 4.4% below the pre-pandemic…
(Nio Inc.) Nio Inc. saw a 127.2% year over year jump in revenues to RMB8,448.0 million or $1,308.4 million in the second quarter of 2021. The jump in revenues was…
(eBay) eBay’s annual active sellers grew by 5% to hit 19 million by global numbers even as the company announced a commitment to embracing next-gen technology to grow its user…