“Oppenheimer Raises DoorDash Forecast to $280 Citing Robust Growth and Profitability”
Oppenheimer raises DoorDash's price target to $280, indicating robust growth potential. The optimism is driven by strong order volumes, surging advertising revenue, and promising delivery market investments. The anticipated growth from the Deliveroo acquisition and a 51% faster EBITDA growth reinforce DoorDash's strong market presence. Read more
Read More
“Gold Prices Surge as Dollar Declines, Trade Optimism Rises”
Boosted by a weakened dollar and revived trade optimism, gold prices make a recovery in Asian trade. The yellow metal's safe-haven demand stays limited, however, as signs point to a decline in Middle East tensions. With U.S. trade deals lending positivity and a possible rate cut looming, gold's future hinges on several factors. Read more
Read More
“Concentrix Q2 Earnings Miss, Revenue Surpass & Robust Guidance Propels Rebound”
Despite a Q2 earnings miss, Concentrix Corporation (NASDAQ: CNXC) outpaced revenue expectations owing to its strong business performance and focused customer experience strategies. The global provider of CX solutions maintains an optimistic outlook for Q3, indicating resilience amid market volatility and promising long-term growth potential. Read more
Read More