Related News

A next generation iPhone 17 is held during an Apple special event at Apple headquarters on Sept. 9, 2025 in Cupertino, California. Justin Sullivan | Getty Images Apple shares rose

Amazon can’t catch a break. “Amazon has been terrible,” the worst of the Magnificent Seven stocks this year, CNBC’s Jim Cramer said on ” Squawk on the Street .” While

Transportation Secretary Sean Duffy said Monday that Elon Musk’s SpaceX is falling “behind” the U.S. timeline to return to the moon with Artemis and he will open the contract to

An Amazon Web Services outage is causing major disruptions around the world. The service provides remote computing services to many apps, websites, governments, universities and companies. On Downdetector, a website

Amazon Web Services Inc. signage at the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Amazon Web Services,

Photograph of sappan heartwood used for the study BENGALURU: A team of chemists at Christ University has turned a traditional Asian dye wood into a scientific tool to tackle one

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

DoorDash (DASH) Q2 earnings report

Word Count: 150 | Estimated Reading Time: 1 minute


Doordash food delivery service in New York City on Feb. 13, 2025. 

Danielle DeVries | CNBC

DoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter.

Here’s how the company did compared to analyst estimates based on LSEG’s consensus:

  • Earnings per share: 65 cents vs. 44 cents expected
  • Revenue: $3.28 billion vs. $3.16 billion expected

Revenue jumped 25% from $2.63 billion a year earlier, DoorDash said in a press release. The company reported net income of $285 million, or 65 cents a share, after recording a loss of $157 million, or 38 cents per share, in the same period a year ago.

Orders increased 20% from a year earlier to 761 million. Gross order value (GOV) rose 23% to $24.2 billion.

DoorDash shares have soared 54% this year as of Wednesday’s close, lifting the company’s market cap to $109 billion. The Nasdaq is up almost 10% in 2025.

Stock Chart IconStock chart icon

hide content

Doordash one day stock chart.

Delivery and rideshare stocks have strong demand and growth, says Bernstein's Nikhil Devnani



Source link

Most Popular Articles