Zomato (NSE: ZOMATO), an Indian food delivery company, made its debut on the National Stock Exchange of India (NSE) Friday, following a USD1.3 Billion initial public offering. The company,...
Tag: StockMarketNews
Domino’s Pizza (NYSE: DPZ) topped quarterly revenue and profit estimates Thursday, following a 3.5% rise in its U.S. same-store sales throughout the period. The increase in demand is also...
Biotechnology
Healthcare
Investing News
Market News
Medical Use
Pharmaceutical
Products
The Market Buzz
Moderna to Join the S&P 500
Moderna (NASDAQ: MRNA), an American pharmaceutical company best known for its Covid-19 vaccine, is being added to the S&P 500 Index later this month. The news is set to...
Investing News
Market News
Retail
The Market Buzz
PepsiCo Crushes Earnings Estimates and Raises Forecast
PepsiCo (NASDAQ: PEP) reported strong second quarter earnings Tuesday, with revenue rising 20% compared to the previous year, amid high demand from restaurants. The company far surpassed forecasts made...
Investing News
Market News
Politics
Technology
The Market Buzz
DIDI Experiences New Lows Amid Chinese Investigation
Didi Global Inc.(NYSE: DIDI), a chinese ride-hailing service, plummeted to new lows Wednesday after China opened an investigation into the company. It is said that China is evaluating the...
Chobani, an American food company, confidentially filed for U.S. IPO on Wednesday, with a valuation expected to surpass USD10 Billion according to a person familiar with the matter. Amid...
Automotive
Investing News
Market News
Technology
The Market Buzz
Lordstown Motors Plummets Following Report of DOJ Investigation
Lordstown Motors (NASDAQ: RIDE) fell rapidly Friday after the Wall Street Journal reported that the Justice Department is investigating the electric-truck maker. At noon the stock was temporarily halted...
Investing News
Market News
Retail
The Market Buzz
Darden Restaurants Reports Positive Fourth Quarter Results
Darden Restaurants (NYSE: DRI), Parent company to Olive Garden, reported its financial results for the fourth quarter and fiscal year on Thursday. The report detailed the fact that same-stores...
Investing News
Market News
Retail
Technology
The Market Buzz
Best Buy Sales Rise, Beating Earning Estimates
Best Buy Co. (NYSE: BBY) announced that its sales had skyrocketed 36% throughout the fiscal first quarter as consumer demand spiked for technology and home products. The results were...
Entertainment
Investing News
Market News
Sports
Technology
The Market Buzz
Peloton to Build U.S. Manufacturing Facility Amid Production Delays
Peloton (NASDAQ: PTON) revealed Monday that it is set to invest USD400 Million to build its first U.S. factory called Peloton Output Park. The action will accelerate production and...