Jefferies Upgrades DoorDash to Buy After 20% Pullback
Jefferies upgrades DoorDash to Buy with a new $260 price target, citing stronger growth, underappreciated execution, and improved long-term flexibility.
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PDD Holdings Beats Earnings But Warns of Tough Times Ahead
PDD Holdings (PDD) reports 9% revenue growth and beats profit forecasts, but shares fall as company cautions about fierce competition and regulatory challenges affecting its China and Temu businesses.
Callaway Sells Majority Stake in Topgolf for $1.1 Billion
Topgolf Callaway Brands is selling 60% of its Topgolf unit to Leonard Green & Partners (LGP). This deal allows the company to focus on its golf equipment and apparel brands.
Amer Sports Boosts Full-Year Outlook After Strong Q3 Results
Amer Sports raised its 2025 full-year guidance after strong Q3 revenue and earnings growth driven by Arc’teryx, Salomon, Wilson, and Atomic.
Home Depot Cuts Earnings Forecast as Cautious Consumers Hit Pause on Big Projects
Home Depot lowers 2025 earnings guidance by 5% as housing market weakness and consumer uncertainty dampen demand for major home renovations and big-ticket purchases.
Ford Partners with Amazon to Sell Certified Pre-Owned Cars Online
Ford teams up with Amazon to sell certified pre-owned vehicles through Amazon Autos, allowing customers to browse, finance, and schedule pickups at participating dealers online.