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Google Business NewsAug 06, 2020
Dow Jones Leads As Apple Eyes New High; Stocks Mixed After Jobless Claims - Investor's Business Daily
Dow Jones Leads As Apple Eyes New High; Stocks Mixed After Jobless Claims  Investor's Business DailyDow rises 150 points as tech shares lead, investors wait on stimulus bill deal  CNBC5 Large Biotech and Pharma Stocks Are Dirt Cheap, and Not Because of COVID-19  MSN Money20 stocks that investors hate but Wall Street loves as the S&P 500 nears a record high  MarketWatch

MarketWatchAug 06, 2020
: Uber's delivery business tops core ride-hailing as pandemic rocks earnings
Uber posted another quarterly loss of more than $1 billion Thursday as the COVID-19 crisis took a toll on its core ride-hailing business, which was surpassed by Uber's food-delivery business for the first time.

RELATED ARTICLES
U.S. weekly jobless claims total 1.186 million, lowest level of the coronavirus pandemic - CNBC (Google Business News)

Google Business NewsAug 06, 2020
Trump camp fires back at Facebook, Twitter for deleting Trump's post - Fox News
Trump camp fires back at Facebook, Twitter for deleting Trump's post  Fox News10 things in tech you need to know today - Business Insider  Business InsiderTwitter temporarily restricted Trump campaign's ability to tweet over false Covid-19 claims  CNNColumn: Trump's right, schools must reopen. We just need kids to promise they won't get the coronavirus.  Chicago Tribune

Google Business NewsAug 06, 2020
Dow Jones Today, Stocks Open Lower After Jobless Data; Health Sector Rallies Behind Bristol Myers, Bausch Health - Investor's Business Daily
Dow Jones Today, Stocks Open Lower After Jobless Data; Health Sector Rallies Behind Bristol Myers, Bausch Health  Investor's Business DailyStocks are flat as investors wait on stimulus bill deal  CNBCWall Street gains on Disney's surprise profit, fiscal aid hopes  Yahoo Finance20 stocks that investors hate but Wall Street loves as the S&P 500 nears a record high  MarketWatch

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Bausch Health to spin off eye-care business (MarketWatch Breaking News)

The Motley FoolAug 06, 2020
Why Bausch Health Companies Stock Is on Fire Today
Bausch's decision to carve out its eye care business into a stand-alone unit appears to be a hit with investors.

Yahoo BusinessAug 06, 2020
RPT: Microsoft interested in buying TikTok U.S. and global business
Yahoo Finance's On the Move panel discuss The Financial times report that Microsoft interested in buying TikTok U.S. and global business.


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Microsoft expands TikTok takeover ambitions to entire global business (FT.com - US)

MarketWatch MarketPulseAug 06, 2020
Zillow soars 9% on Q2 beat, says more considering moving amid COVID-19
Zillow Group Inc. shares skyrocketed more than 9% in the extended session Thursday after the real estate company reported second-quarter revenue well above Wall Street expectations and said work-from-home trends have led more people to think about moving. Zillow said it lost $84.5 million, or 38 cents a share, in the quarter, compared with a loss of $72 million, or 35 cents a share, in the year-ago period. Revenue rose 28% to $768 million, the company said. Analysts polled by FactSet expected a GAAP loss of 68 cents a share on sales of $615 million. "Zillow's second-quarter results are even better than we had hoped, and firm up our belief that powerful tailwinds in both real estate and technology are rapidly converging, with Zillow at the nexus," Chief Executive Rich Barton said in a statement. The COVID-19 pandemic and work-from-home policies "are inspiring people to rethink their homes and consider moving," he said. Zillow said it ended the quarter with the highest cash balance in its history, or cash and investments growing to $3.5 billion from $2.6 billion at the end of first quarter. Its home buying and selling business started the quarter with home acquisitions temporarily paused due to market uncertainty, but it has resumed buying and selling homes, ending the quarter with 440 homes in inventory, the company said. "Zillow Offers is now actively purchasing homes in all 24 markets where it previously operated," it said. Shares of Zillow ended the regular trading day up 1.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchAug 06, 2020
Beyond Meat offers discounts during COVID-19 to take advantage of higher beef prices
Beyond Meat has taken a number of steps during the COVID-19 pandemic, including lowering prices, redirecting its foodservice business to retail and launching in restaurant chains.

Chicago Tribune Business NewsAug 06, 2020
Uber lost $1.8B in second quarter as passengers stayed home, ordered meal delivery
Ride-hailing giant Uber brought in $2.24 billion in revenue during the second quarter, down 27% from the same time last year. Its Eats delivery business brought in $1.21 billion, up 103% from last year's second quarter.

RELATED ARTICLES
Uber's Delivery Business Overtakes Rides: Live Updates (NYTimes Business)

CNBC BusinessAug 06, 2020
Papa John's CEO says it has won new customers during the pandemic and will hire more workers to meet demand
Papa John's CEO said customers are ordering more food and sides throughout the day and at dinner, and new customers are "stickier" with a high level of repeat business.
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