Lyft’s active riders number grew from 8.7 million in Q2 to 12.5 million in Q3 while the revenue per active rider came in at $39.94.
Alibaba Group and JD.com recorded their biggest merchandise sales ever on this year’s Singles Day.
All tech companies like Zoom Video, Amazon, Netflix, and Shopify entered major correction on Monday as Pfizer and BioNTech announced that its COVID-19 vaccine candidate has delivered a 90% efficacy rate.
The proposed refund and the potential costs for Tesla seem to be weighing down on the performance of TSLA stock.
Following the positive news about the Pfizer COVID-19 vaccine efficacy, the stock market has responded with big jumps.
AstraZeneca Q3 revenue was in line with the expected forecast at $6.6 billion.
Berkshire Hathaway bought more stocks and ramped up share buybacks in the third quarter.
On an overall scale, the third quarter’s total company revenue amounted to $3.03 billion, up from $1.27 billion in the third quarter of the previous year.
According to Tesla, Teslaquila “is an exclusive, small-batch premium 100% de agave tequila añejo made from sustainably sourced highland and lowland agaves.”
The attorneys representing the Justice Department said that a successful acquisition would extend Visa’s “monopoly” in the payments industry.
Airbnb is going to raising about $3 billion via the IPO and looks to increase its valuation to about $30 billion.
At present, NIO stock is one of the highest Wall Street targets with the average Buy rating. Year-to-date, NIO shares are 838.06% up. NIO market cap is $48.36 billion.
The impact of the COVID-19 pandemic has not just caused the share price of Expedia to plunge by up to 8.9% in 2020, it has also caused the firm to reduce costs through job cuts amid other inconveniences.
For the fiscal Q1 outlook, Qualcomm is expecting revenue between $7.8 billion and $8.6 billion. In addition, the company looks forward to adjusted earnings per share between $1.95 and $2.15.
According to the SEC filings, the sale was a part of a so-called 10b5-1 trading plan. Within the plan, Amazon shares are automatically sold at pre-determined dates to avoid any perception of trading on insider knowledge.