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Bloomberg20d agobullish
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal

(Bloomberg) -- Uber Technologies Inc. has agreed to buy Delivery Hero SE in a deal that values the German food-delivery company at $14.8 billion.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOnePlus, Once Popular with Tech Fans, to Pull Out of US and EuropeTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUber

Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero
The Wall Street Journal20d agobullish
Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero

Uber Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.

Is DoorDash (DASH) One of the Best Non-Tech Stocks to Buy According to Analysts?
Insider Monkey37d agobullish
Is DoorDash (DASH) One of the Best Non-Tech Stocks to Buy According to Analysts?

DoorDash, Inc. (NASDAQ:DASH) is one of the best non-tech stocks to buy according to analysts. BTIG cut the price target on DoorDash, Inc. (NASDAQ:DASH) to $225 from $280 on June 12 and maintained a Buy rating on the shares, telling investors in a research note that macro worries are weighing on the firm’s Rideshare and […]

​DoorDash (DASH) Down 21% YTD, Should You Buy?
Insider Monkey41d agobullish
​DoorDash (DASH) Down 21% YTD, Should You Buy?

​DoorDash, Inc. (NASDAQ:DASH) has declined more than 21% year-to-date, mainly due to investors worrying that the rising inflation and lower disposable income can impact consumer spending and increase delivery margins to impact DoorDash’s business. ​However, the Street remains positive on a recovery as the analysts’ 12-month average price target suggests more than 44% upside from […]

Salesforce to buy AI agent platform Fin for about $3.6 billion
Reuters51d agobullish
Salesforce to buy AI agent platform Fin for about $3.6 billion

Salesforce said on Monday it had ‌signed an agreement to buy ‌autonomous AI agent platform Fin for ​about $3.6 billion. The deal strengthens Salesforce's Agentforce platform, as technology firms compete to roll out usage-based ‌autonomous digital ⁠workers across enterprises. Following completion, Salesforce and Fin will ⁠expand options for deploying AI agents in customer service, ​allowing customers ​to incorporate ​them with existing ‌systems, the companies said.

Is DoorDash, Inc. (DASH) A Good Stock To Buy Now?
Insider Monkey54d agobullish
Is DoorDash, Inc. (DASH) A Good Stock To Buy Now?

Is DASH a good stock to buy? We came across a bullish thesis on DoorDash, Inc. on Nikhs’s Substack. In this article, we will summarize the bulls’ thesis on DASH. DoorDash, Inc.’s share was trading at $155.67 as of June 9th. DASH’s trailing and forward P/E were 73.78 and 51.81 respectively according to Yahoo Finance. DoorDash, Inc., […]

SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
24/7 Wall St.55d agobullish
SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers

Is Uber Stock Poised For A Rally?
Trefis57d agobullish
Is Uber Stock Poised For A Rally?

Uber Technologies (UBER) stock is at an interesting point right now. If you bet on it, you are betting on a company that's growing reasonably, is sustaining good cash flow and margin, has a low-debt to market cap structure, and is relatively cheaply valued. But is that enough.

2 S&P 500 Stocks on Our Buy List and 1 We Avoid
StockStory58d agobullish
2 S&P 500 Stocks on Our Buy List and 1 We Avoid

The S&P 500 (^GSPC) is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning. Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.

The Retirement Portfolio Case: Ditch the Delivery App, Buy the Railroad
24/7 Wall St.64d agobullish
The Retirement Portfolio Case: Ditch the Delivery App, Buy the Railroad

Everyone is talking about DoorDash (NASDAQ:DASH) again because a splashy Deliveroo deal, autonomous delivery hype, and a fresh AI narrative have analysts pounding the table on a stock that traded near $285 last summer. The underlying numbers tell a different story. The DoorDash story is a textbook case of revenue growth masking a deteriorating business. ... The Retirement Portfolio Case: Ditch the Delivery App, Buy the Railroad

Jim Cramer Says He Thinks “DoorDash Is a Buy”
Insider Monkey68d agobullish
Jim Cramer Says He Thinks “DoorDash Is a Buy”

DoorDash, Inc. (NASDAQ:DASH) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Inquiring about the stock, a caller mentioned that they are down 30%. Cramer replied: Okay, I think DoorDash is a buy. There’s a real group of stocks now, Uber, DoorDash, Reddit, they […]

Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only
24/7 Wall St.69d agobullish
Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

“Last year I invested in this stock, and I am currently down 30%, patiently waiting on a rebound.” That confession came from a caller on the May 26 episode of Mad Money, asking Jim Cramer whether DoorDash still belonged in his “own it, don’t trade it” bucket. Cramer’s answer was immediate: “I think DoorDash is ... Jim Cramer Says DoorDash Is a Buy Despite 30% Decline. The Real Problem: Wall Street Wants Semiconductors Only

Is DoorDash (DASH) One of the Best Revenue Growth Stocks to Buy?
Insider Monkey71d agobullish
Is DoorDash (DASH) One of the Best Revenue Growth Stocks to Buy?

DoorDash, Inc. (NASDAQ:DASH) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On May 12, Citizens reiterated its Market Outperform rating on DoorDash, Inc. (NASDAQ:DASH) with a price target of $250 on the stock. The research firm pointed out that the stock trades at around 14.8 times its […]