Strategists reveal how to trade the sell-off

Investors and strategists have revealed how they’re playing the beaten-down tech sector, naming several stock opportunities in a market they say could be nearing the bottom. Lee Baker, owner and president at Apex Financial Services, described Apple and Microsoft as “good solid companies” for investors to consider right now. Speaking to CNBC’s Squawk Box Europe … Read more

Just Eat Takeaway is exploring a sale of Grubhub

The Grubhub logo displayed on a smartphone screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images European food delivery giant Just Eat Takeaway.com said it’s considering a sale of Grubhub, its US arm, after facing pressure from investors to explore strategic deals. Just Eat Takeaway.com’s board “confirms its alignment with shareholders in wanting … Read more

Delivery Hero CEO apologizes to investors after 30% stock plunge

Delivery Hero CEO Niklas Ă–stberg speaking at the Noah tech conference in Berlin on June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images The boss of European food delivery firm Delivery Hero has apologized to investors after shares of the company plummeted more than 30% on disappointing earnings guidance for 2022. “Today our share … Read more

Delivery Hero shares plunge on disappointing 2022 earnings guidance

The logo of German food delivery service Delivery Hero. Sean Gallup | Getty Images European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders. The Germany-based company said it generated 9.6 billion euros ($ 11 billion) in gross sales volume in the fourth quarter of 2021, … Read more

Credit Suisse: Here are 16 stocks with upside 'looming' this year

Credit Suisse picked stocks from across the United States, Europe and Asia that it predicts will take off thanks to particular "inflection points" in 2022.

Lewis Hamilton invests in rapid grocery delivery start-up Zapp

British Formula One driver Lewis Hamilton. Bryn Lennon – Formula 1 | Formula 1 via Getty Images LONDON – British Formula One driver Lewis Hamilton has backed rapid grocery delivery start-up Zapp as part of a larger $ 200 million investment in the company. The London-based firm said Friday it raised the fresh cash in … Read more