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After a controversial minimum wage law for food delivery drivers in Seattle went into effect in January, tech giants including Uber and DoorDash made it clear they weren't happy.
DoorDash (DASH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The latest employment figures saw indices rise. However, losses earlier in the week persist as investors remain cautious of the Fed's stance on interest rate adjustments.
DoorDash (DASH) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
The stock market has been in a solid rally since the third quarter of 2023, pushing significant indices to new highs. That upward trajectory also raised company valuations for many stocks, putting investors at risk of inflated stock prices and selloffs.
Benchmark analyst Mark Zgutowicz joins 'The Exchange' to discuss his bullish case for DoorDash, its advantages against its competitors, and more.
DoorDash operates the most popular food delivery platform in America, with Uber Eats in a distant second place. Uber is a much larger company, however, because it operates the world's largest ride-hailing network.
DoorDash (DASH) partners with Lowe's to provide nationwide same-day home improvement delivery from more than 1,700 stores.
DoorDash has entered the home improvement category with a new partnership with Lowe's. The on-demand delivery aggregator now offers gardening tools, spring cleaning essentials, do-it-yourself supplies and other products from more than 1,700 of the home improvement retailer's stores nationwide, DoorDash said in a Monday (April 1) press release.
DoorDash (DASH) drones are set to start delivering food from Wendy's in Christiansburg, VA. The plan is to explore expanding to other U.S. cities later this year.