Uber, DoorDash, Coinbase and more

Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the … Read more

Amazon takes stake in Grubhub, adds food delivery perks to Prime

Food delivery workers on bicycles travel along a street in New York, US, on Tuesday, March 17, 2020. Debetrius Freeman | Bloomberg | Getty Images Amazon on Wednesday agreed to take a stake in Grubhub as part of a deal that will also give members of its Prime subscription program a one-year membership to the … Read more

Uber, DoorDash, Spirit, Altria and more

Check out the companies making headlines before the bell: Uber (UBER), DoorDash (DASH) – Uber fell 3.1% in the premarket while DoorDash tumbled 7.5%, following the news that Amazon (AMZN) struck a deal to add membership in rival food delivery service Grubhub as a free benefit for its ” Prime “members. Amazon’s deal also gives … Read more

Wall Street global stock picks

It has been an unforgettable first half for investors – and not in a good way, as a brutal sell-off swept across global equity markets and brought major indices to new lows. The S&P 500 suffered its worst first half since 1970, while the Nasdaq Composite’s 28.9% decline for the first six months condemned the … Read more

Morgan Stanley loves these 9 global stocks trading at 'significant' lows

Analysts at Morgan Stanley have identified several global stocks they say are trading at prices significantly lower than their 12-month highs.

Tesla, Goldman Sachs, Amazon, McDonald’s

Here are Wednesday’s biggest calls on Wall Street: Barclays initiates Penn as overweight Barclays initiated several casino and gaming companies, saying they are attractively valued. “We’re positive on diversified land-based gaming (CZR, PENN, BYD), and select companies across Lodging and Leisure, based on demand exposures and / or valuation.” Read more about this call here. … Read more

Tesla, Apple, Sunoco, Exxon, Uber, Amazon

Here are Wall Street’s biggest calls on Friday: Goldman Sachs upgrades Wolfspeed to buy from neutral Goldman said it’s getting “tactically more bullish” on the semiconductor company. “While WOLF’s growth story tied to EVs is likely well appreciated by investors given the company’s ongoing investment and backlog growth in this space over the past couple … Read more

How pros are playing the market bounce

Market Movers rounds up the best trades from investors and analysts on CNBC throughout the day. As the market rebounded Monday from its worst week in two years, pros said they are betting on Big Tech coming back. Even so, many also said they are keeping plenty of energy names in their portfolios. Some of … Read more

Uber shared rides coming back to select U.S. cities

Zoom In IconArrows pointing outwards Uber announced Tuesday it’s bringing back shared rides in a handful of US cities after pulling the service for more than two years. The feature, which allows riders to share a car with strangers going in a similar direction for a discount, is available in New York City, Los Angeles, … Read more

Apple, Dow, Amazon, CVS, Roblox, Netflix

Here are Friday’s biggest calls on Wall Street: Goldman Sachs upgrades Utz to buy from neutral Goldman said investors should buy the dip in shares of the snacks company. “We upgrade Utz to Buy, as we see an above average top and bottom line growth outlook given the company’s strong position in the attractive salty … Read more