Tag Archives: NDAQ

Hot Low Price Stocks To Invest In 2023

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It’s completely free and we guarantee you’ll learn something new every day.

The phrase “too big to fail” could be aptly applied to the brick-and-mortar retail climate of today.

As various merchants wade through supply chain snags, climbing costs, and a resurgence of Covid-19, Walmart on Tuesday reported another quarter of rising U.S. sales, surpassing Wall Street expectations.

Back-To-Store Season

It is officially back-to-school season,....More>>>

Top 10 Financial Stocks To Own For 2023

What happened

Shares of Uber Technologies (NYSE:UBER) jumped 11.5% on Tuesday after the ridesharing giant boosted its financial forecast. 

So what

Uber now expects to generate earnings before interest, taxes, depreciation, and amortization (EBITDA) of negative $25 million in the third quarter. That’s up from a prior estimate of “better than a loss of $100 million.”

Importantly, Uber said in a financial filing that its profit margins are improving in both its ride-hailing mobility segment and Uber Eats delivery business. Delivery has seen particularly....More>>>