Wil Regulatory Burdens Push Luckin Coffee Stock to Zero?
Luckin Coffee has resumed trading but the stock immediately plummeted. With the prospect of delisting from the Nasdaq, this stock could very well be on its way to zero.
Luckin Coffee has resumed trading but the stock immediately plummeted. With the prospect of delisting from the Nasdaq, this stock could very well be on its way to zero.
Investors see this San Francisco-based ride-hailing firm as a good stock to own as the U.S. economy begins to reopen from the lockdowns caused by the COVID-19 pandemic. Will AB5 change that?
Uber is cutting more jobs and looking to boost food delivery as the pandemic pummels the ride-sharing business.
As if he wasn’t rich enough, Jeff Bezos could become a trillionaire by 2026 and Amazon critics are already sharpening their knives.
Amazon has earned its reputation as the "Death Star" but Jeff Bezos wants to sound less like Darth Vader.
Beyond Meat looks like the real deal to growth investors as the coronavirus changes consumer habits and China market beckons.
Shopify has flourished as more companies use its platform to build e-commerce websites. It’s now Canada’s largest company by market cap.
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
Uber is reportedly in talks to buy Grubhub. The coronavirus lockdown is boosting the food delivery business, but that could also raise the regulatory bar for a deal.
Amazon stock looks immune despite concerns about the reopening of the American economy.
Uber has run out of ways to attract riders while the spread of COVID-19 requires safety rules and social distancing. Revenue has collapsed.
Lyft is playing a defensive game, cutting costs and restructuring, but will be enough to keep the company afloat in these trying economic times?
Ride-sharing firm Uber posted a fourth fiscal quarter net loss of $1.70 per share and $3.54 billion in revenue. The consensus estimates called for a net loss of $0.83 per share and $3.51 billion…
Uber Technologies is set to report its most recent quarterly results after the markets close on Thursday. Will investors react the way they did with Lyft?
The argument that the U.S. Postal Service is too large has been around for decades.