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Grubhub Looking to Partner With Just Eat Takeaway to Avoid Uber TakeoverPhoto, wide shot, wide-angle lens,  Personal care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/44547be2-b411-43fb-91ed-bf4a69577d94.png
Grubhub Looking to Partner With Just Eat Takeaway to Avoid Uber Takeover

News from multiple sources this morning indicates that Uber Technologies (NYSE: UBER) has likely dropped its attempt to acquire food delivery service Grubhub (NYSE: GRUB) -- or at least that Grubhub

MGM to Reopen 5 More Resorts This Summer
MGM to Reopen 5 More Resorts This Summer

Casino giant MGM Resorts (NYSE: MGM) announced after close of trading yesterday that it plans to reopen several more Las Vegas, Nevada, properties over the next two to three weeks.  

On June 4, MGM

Why Signet Jewelers Stock Is Sinking Today
Why Signet Jewelers Stock Is Sinking Today

Shares of Signet Jewelers (NYSE: SIG) were down on Wednesday after a pessimistic note from a Wall Street analyst following the company's disappointing earnings report on Tuesday.

As of 12:30 p.m

Why Nikola Stock Is Down Today
Why Nikola Stock Is Down Today

Shares of electric-truck maker Nikola (NASDAQ: NKLA) were lower on Wednesday, after rivals Tesla (NASDAQ: TSLA) and Ford Motor Company (NYSE: F) clarified their plans for the upcoming electric

Best Buy Will Reopen 800 Stores Next Week
Best Buy Will Reopen 800 Stores Next Week

Electronics superstore chain Best Buy (NYSE: BBY) announced late Tuesday, after close of trading, that it intends to reopen the majority of its more than 1,200 stores to in-store shopping next week

Here's Why Taubman Centers' Shares Are Plunging Today
Here's Why Taubman Centers' Shares Are Plunging Today

Shares of Taubman Centers, Inc. (NYSE: TCO) plummeted after a merger deal between the company and Simon Property Group Inc. (NYSE: SPG), the country's largest mall owner, was terminated. Taubman's

Where Will Slack Be in 1 Year?
Where Will Slack Be in 1 Year?

Slack Technologies (NYSE: WORK) was already an intriguing opportunity before remote work was accelerated due to the coronavirus. Now that many workers are now doing their jobs from a distance, and

Why Simon Property Group Shares Are Sliding Today
Why Simon Property Group Shares Are Sliding Today

Shares of Simon Property Group (NYSE: SPG), the biggest mall owner in the U.S., were falling today after the company said that it is terminating a $3.6 billion deal to merge with Taubman Centers

Dow Jones Sinks as Boeing's Rally Fizzles While Apple Reaches a New 52-Week HighPhoto, wide shot, wide-angle lens,  Diversified industrial company, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/3bc2ecaa-ddda-4d9f-865e-4df253bbd22f.png
Dow Jones Sinks as Boeing's Rally Fizzles While Apple Reaches a New 52-Week High

Enthusiasm seems to have waned following a powerful rally that erased much of the pandemic-driven losses for major stock indices. The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.6% at

Fangdd Network Group Ltd. (DUO) Q1 2020 Earnings Call Transcript
Fangdd Network Group Ltd. (DUO) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Fangdd Network Group Ltd. (NASDAQ: DUO)Q1 2020 Earnings CallJun 10, 2020, 7:00 a.m. ET

Operator

Continue reading

Source Fool.com

AMC Will Open Most Theaters by July. But Will There Be Any Visitors?
AMC Will Open Most Theaters by July. But Will There Be Any Visitors?

Lights, camera...action? As American cities begin to reopen after COVID-19 closures, companies that were faltering can finally start making back some lost revenue. 

AMC Entertainment (NYSE: AMC)

HBO Max Pulls 'Gone With the Wind' From Movie Library
HBO Max Pulls 'Gone With the Wind' From Movie Library

HBO Max has removed the movie classic Gone With the Wind from its library because of its depiction of "some of the ethnic and racial prejudices," though it said it will eventually return to the

Why Red Robin Stock Tanked Wednesday
Why Red Robin Stock Tanked Wednesday

Shares of Red Robin Gourmet Burgers (NASDAQ: RRGB), a chain of burger restaurants, sank as much as 13% Wednesday after the company released slightly disappointing first-quarter results.

In

Red Robin's First-Quarter Loss Per Share Is 6 Times Greater Than Analysts Expected
Red Robin's First-Quarter Loss Per Share Is 6 Times Greater Than Analysts Expected

Red Robin Gourmet Burgers (NASDAQ: RRGB) reported results today for its fiscal first quarter ended April 19, 2020, and adjusted net losses were much higher than analysts expected. Consensus

Is Splunk Stock a Buy?
Is Splunk Stock a Buy?

Data company Splunk, Inc. (NASDAQ: SPLK) reported results for its fiscal first quarter ended April 30. Its stock rose after the earnings news, hitting a 52-week high of $192.75 on June 3.

Given the

3 Reasons Penn National Gaming Is Poised for Success
3 Reasons Penn National Gaming Is Poised for Success

The legalization train for regulated American sports gambling has left the station. New athletic seasons now bring with them new wagering programs created and tweaked by state governments. Mobile

Johnson & Johnson to Begin Coronavirus Vaccine Clinical Trial in JulyPhoto, wide shot, wide-angle lens,  Pharmaceutical company, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ae4a134-dd01-4c80-a621-18399f5a2541.png
Johnson & Johnson to Begin Coronavirus Vaccine Clinical Trial in July

Johnson & Johnson (NYSE: JNJ) announced on Wednesday that it expects to begin a phase 1/2a clinical trial of its COVID-19 vaccine candidate Ad26.COV2-S, recombinant, in the second half of July. The

Why Ford Stock Is Lower Today
Why Ford Stock Is Lower Today

Shares of Ford Motor Company (NYSE: F) were moving lower in trading on Wednesday on broader market weakness despite some upbeat news on future products and technologies. 

As of 11:45 a.m. EDT today

Phoenix Tree Holdings Limited (DNK) Q1 2020 Earnings Call Transcript
Phoenix Tree Holdings Limited (DNK) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Phoenix Tree Holdings Limited (NYSE: DNK)Q1 2020 Earnings CallJun 10, 2020, 8:00 a.m. ET

Operator

Continue reading

Source Fool.com

Why AMC Stock Is Rising Today
Why AMC Stock Is Rising Today

Shares of AMC Entertainment Holdings (NYSE: AMC) jumped on Wednesday after management said it plans to reopen its theaters in July. As of 12:05 p.m. EDT today, AMC's stock was up more than 8%.

AMC

Why Chesapeake Energy, Centennial Resource Development, and Denbury Resources Fell Sharply on Wednesday
Why Chesapeake Energy, Centennial Resource Development, and Denbury Resources Fell Sharply on Wednesday

Shares of U.S. energy driller Chesapeake Energy (NYSE: CHK) fell nearly 18% at the open of trading on June 10. Peers Centennial Resource Development (NASDAQ: CDEV) and Denbury Resources (NYSE: DNR)

Stock Markets Are Mixed Again Wednesday as Cruise Ship Stocks Fall
Stock Markets Are Mixed Again Wednesday as Cruise Ship Stocks Fall

Wednesday morning continued to show that stock market investors are generally confused about the state of the financial markets. On one hand, a reopening economy is good news for most businesses, as

Red Robin Gourmet Burgers Inc. (RRGB) Q1 2020 Earnings Call Transcript
Red Robin Gourmet Burgers Inc. (RRGB) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB)Q1 2020 Earnings CallJun 10, 2020, 8:00 a.m. ET

Operator

Continue reading

Source Fool.com

Tuniu Corporation (TOUR) Q1 2020 Earnings Call Transcript
Tuniu Corporation (TOUR) Q1 2020 Earnings Call Transcript

Image source: The Motley Fool.

Tuniu Corporation (NASDAQ: TOUR)Q1 2020 Earnings CallJun 10, 2020, 8:00 a.m. ET

Operator

Continue reading

Source Fool.com

How Coronavirus Is Accelerating DocuSign's Growth
How Coronavirus Is Accelerating DocuSign's Growth

For most companies, the COVID-19 crisis has been a challenge to be endured. The crisis has also acted as a catalyst to push some changes in business practices that were already in place. Digital