DOORDASH

Shares of gig economy companies popped this week as Uber, Lyft, DoorDash and Airbnb posted quarterly reports that showed strong demand.

Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Then earlier this spring, Raschke learned her rent was increasing by $617 per month. U.S. demand for grocery delivery is cooling as prices for food and other necessities rise.

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DoorDash said the total number of orders it delivered grew 23% year over year to 426 million.

DoorDash has reported that it received a record number of customer orders in the second quarter, boosted by resilient demand and its acquisition of Finnish delivery service Wolt Enterprises.

"If it shows some job growth with no wage inflation, then the fabulous July rally can stand," the "Mad Money" host said.

DoorDash announced the launch of its new industry-leading safety features for alcohol delivery to crack down on underage alcohol orders.

These are the stocks logging the largest moves in midday trading.

These are the stocks posting the largest moves before the bell.

A marriage proposal hasn't gone to plan for one unlucky Macca's customer and people can't stop making McJokes.

Instead of getting rid of intermediaries, the internet created entirely new ones.

After Kelsey Golden got a surprise delivery, she posted on Facebook and gave the burgers away.

A south Texas mom and her toddler are now the latest viral sensations after a super-sized accidental food order!

“Apparently my 2 yr old knows how to order doordash.”

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DoorDash sales soared in the first quarter as it added new customers, putting to rest any question of whether delivery demand will continue as the pandemic wanes.

DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled.

The DoorDash driver said the caller knew specific details about his order so he complied, but seconds later, his account was wiped out.

Venture capitalists have poured billions into the latest pandemic delivery craze: companies that promise to get you a bottle of Tylenol, an iced coffee, hummus, a cucumber and a roll of paper towels.

The measure will remain in place for at least the next 60 days.

The measure will remain in place for at least the next 60 days.

Delivery company DoorDash says it will refund its drivers for some U.S. gasoline purchases to help offset higher prices.

"That's over 100 shopping occasions a month," DoorDash's Tony Xu told CNBC on Thursday.

These are the stocks posting the largest moves in midday trading.

The company also gave upbeat guidance for the full year, suggesting that it expects demand for food delivery to remain strong despite Covid restrictions easing.

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The food delivery company reported better-than-expected revenue for the fourth quarter, as well as total orders that topped analysts' expectations.

DoorDash has posted better-than-expected sales for its fourth quarter thanks to its growing active-user base and an expansion of its delivery options.

The private label industry was a $159 billion market in 2020 and has attracted the likes of traditional and e-commerce retailers like Target and Amazon.

These are the stocks posting the largest moves in midday trading.

These are the stocks posting the largest moves before the bell.

Every Monday at Brentwood Baptist Church on Landmark Street, a dozen or more volunteers flock to the parking lot.

Marc Lore wants to revolutionize how Americans order meals to their homes.

Starting Monday, DoorDash is offering grocery delivery in 15 minutes or less in the Chelsea neighborhood in New York.

DocuSign, Etsy, DoorDash and Zoom are among the biggest losers, while HP, Apple and Cisco saw gains.

By offering its existing delivery platform technology to food banks for free, DoorDash, like a growing number of companies, is providing something that many nonprofits say is even more valuable than cash – knowhow.

Worried about inflation? Use online tools for everything from gas comparisons to digital coupons.

These are the stocks posting the largest moves in midday trading.

DoorDash reported a wider than expected third-quarter loss on Tuesday but announced its biggest acquisition to date.

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Wolt currently has about 4,000 employees and operates in 23 countries.

DoorDash is adding security features to its app to help protect drivers.

The antitrust researcher Moe Tkacik discusses New York’s new laws and the future of DoorDash, Grubhub, and Uber Eats.

New rules would let food delivery workers use restaurant bathrooms and ensure they're paid regularly.

Lawmakers in New York City passed a series of bills that seek to improve working conditions and set minimum pay for delivery workers.

These are the stocks posting the largest moves before the bell.

The suit is the latest in a string of complaints between food delivery platforms and regulators.

DoorDash is suing New York City over a new law that requires delivery companies to share customer data with restaurants.

DoorDash, GrubHub and others argue that city law capping fees at 15% has cost them "hundreds of millions of dollars."

New York limited how much the food delivery companies could charge restaurants that use their services, to help businesses during the pandemic. The city has extended that cap, which is set at 15%.

The companies say they were "instrumental" in keeping restaurants open and call caps on upcharges and other fees government overreach.

The lawsuit follows a similar legal action from DoorDash and Grubhub against San Francisco.

Three of the nation’s largest food delivery companies are suing New York City over a limit on fees it put in place during the pandemic to protect restaurants devastated by the forced closure of their dining rooms.

The suits echo long-standing claims from restaurants on the platforms.

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Esmond Fountain said in a TikTok video that he left a note with his Venmo handle asking a customer who didn't tip to "right their wrongs."

"We aren't going to come back any earlier than January" one CEO said of bringing 1,500-plus workers back to the office.

Young investors were enticed into investing post-pandemic. That is a good thing, some experts say.

Cat Rock Capital, a major Just Eat Takeway.com shareholder, says the food delivery firm’s communication with investors is “deeply flawed.”

“We were in the wrong place at the wrong time.”

DoorDash is launching lower-priced delivery options for U.S. restaurants, responding to criticism that the commissions it charges are too high for the beleaguered industry.

Meal delivery company DoorDash said its revenue more than tripled last year thanks to pandemic-driven demand, but it still lost money because it spent more heavily on marketing and expanding its business. DoorDash reported a net loss of $312 million for the quarter that ended Dec. 31, 2020. (AP Photo, File)Meal delivery company DoorDash said its revenue more than tripled last year thanks to pandemic-driven demand, but it still lost money because it spent more heavily on marketing and expanding its business. For the full year, DoorDash reported a net loss of $461 million. That was an improvement from 2019, but DoorDash __ which was founded in 2013 __ has never made a full-year profit.

NEW YORK – During this year's Super Bowl, the Tampa Bay Buccaneers reigned supreme on the field. Overall, this year's crop of Super Bowl ads focused on light humor that strove to entertain and connect. Bud Light Seltzer LemonadeBud Light used lemons as a metaphor for everything that went wrong in 2020 to introduce its new Seltzer Lemonade. Michelob was likely hoping to drive people to repeat views online with the celebrity lookalikes, but during the fast-moving Super Bowl the conceit was confusing. With its first-ever Super Bowl ad, Scott's was looking to keep that momentum going, but the overstuffed ad ended up being distracting.

The latest news on Super Bowl commercials. ___10 p.m.Smartphone-based stock market investment service Robinhood bought its Super Bowl spot in December after a successful year, unaware that it was about to make global headlines. Ad___9:45 p.m.Jeep starred iconic singer Bruce Springsteen in his first ever ad promoting the idea of unity. Most brands that have money to spend on Super Bowl ads are already household names, but the big game is also a chance for upstarts to make a big splash. ___7:15 p.m.General Motors used humor in a Super Bowl ad to promote its ambitious push to get more Americans to buy electric vehicles.

Budweiser and other Super Bowl regulars aren't buying ads this year, but plenty of companies on the rise during the pandemic are taking their place. The cost of a ticket to the Super Bowl for advertisers: $5.8 million for a 30-second commercial. They’ll feature plenty of stars, but like most everything in the last year, the Super Sunday spots won’t be the same. Coke, Pepsi and Budweiser, normally big Super Sunday players, are sitting on the bench this year. “These are brands that are online market spaces who have been helping connect people during quarantine,” notes Stephanie Paterik, senior editor of Adweek.

DoorDash shares surged nearly 86% above their offering price of $102 in their market debut Wednesday. “This year had a lot of large IPOs,” said Matthew Kennedy, senior IPO market strategist at Renaissance Capital. Some 18 company IPOs have brought in over a billion dollars, including DoorDash. Still, individual investors may want to consider waiting a few days after a company has its IPO, if not longer. Uber, which raised $8.1 billion in its market debut last year, has yet to get out of the red.

DoorDash shares surged nearly 86% above their offering price of $102 in their market debut Wednesday. Airbnb’s own market debut on Thursday could end up blowing past that. “This year had a lot of large IPOs,” said Matthew Kennedy, senior IPO market strategist at Renaissance Capital. Airbnb put off a market debut in the spring when the pandemic crippled global travel. Uber, which raised $8.1 billion in its market debut last year, has yet to get out of the red.

DoorDash shares soared in its initial public offering Wednesday, capping a year of explosive growth for the food delivery company. Powering that service are 1 million delivery drivers, who are independent and not considered DoorDash employees. But lockdown orders and the closure of indoor dining have made DoorDash indispensable for many restaurants and diners this year. DoorDash now controls 50% of the U.S. food delivery market. Skeptics thought the economics of food delivery would fall apart in less dense areas, because there was lower demand.

DoorDash has priced its shares at $102 apiece heading into its stock market debut Wednesday, valuing the 7-year-old food delivery company at nearly $39 billion. The price was higher than the company's most recent target price of $90 to $95 a share, reflecting investor enthusiasm for the initial public offering. DoorDash reported revenue of $1.9 billion in the first nine months of 2020 alone. It now controls 50% of the U.S. food delivery market. In federal filings, DoorDash warned that its sales growth may not continue at the same pace once the pandemic subsides.