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‘We Screwed Up’: DoorDash Stock Rises After Admitting It Underpaid Tipped Workers
Barrons.com4d agoneutral
‘We Screwed Up’: DoorDash Stock Rises After Admitting It Underpaid Tipped Workers

Food delivery service DoorDash has settled a dispute with New York City over claims it underpaid its tipped workers. Investors are likely breathing a sigh of relief that the company settled the matter for the relatively modest total amount of $131.5 million, most of which goes directly to the workers who were underpaid or paid late. More than 200,000 Dashers, as the firm’s delivery workers are called, will receive the payments.

Alibaba Higher on Chip News; On Holdings Football Move | Stock Movers
Bloomberg4d agoneutralVIDEO
Alibaba Higher on Chip News; On Holdings Football Move | Stock Movers

On this episode of Stock Movers: - Alibaba (BABA) shares are higher this morning after the company rolled out what it calls China's most powerful AI chip and announced plans to expand data center capacity in the coming years. - ON Holdings (ONON) is getting a boost as it expects sales growth in the high teens over the next few years as it moves into sports including golf and football. - Viking Therapeutics (VKTX) shares surged after the biotech released data from its VK2735-102 maintenance study showing VK2735, its experimental obesity drug, maintained up to 97% of weight loss versus 61% for placebo when subjects switched to every-other-week dosing. Leerink analysts said the "stellar" data strengthens the drug's competitive profile.

ProPetro Holding (PUMP) Names An Interim Accounting Chief, Is The 41% Undervaluation Convincing?
Simply Wall St.4d agoneutral
ProPetro Holding (PUMP) Names An Interim Accounting Chief, Is The 41% Undervaluation Convincing?

ProPetro Holding (PUMP) drew fresh attention after announcing that Chief Accounting Officer Celina Davila plans to resign effective October 30, 2026, with Chief Financial Officer Caleb Weatherl stepping in as interim principal accounting officer. Recent trading has been choppy for ProPetro Holding, with the share price falling 10.33% over the past 30 days and sliding 30.65% over 90 days. This comes even though the year to date share price return is slightly positive and the 1 year total...

AI Alliances And Raised Targets Could Be A Game Changer For ServiceNow (NOW)
Simply Wall St.4d agoneutral
AI Alliances And Raised Targets Could Be A Game Changer For ServiceNow (NOW)

Recent commentary highlights that ServiceNow is seeing strong demand for its workflow platform, benefiting from AI-focused partnerships, cross-selling success, and an expanded ecosystem that has led management to raise its 2026 subscription revenue midpoint. At the same time, ServiceNow is increasingly positioned as a key competitor in AI-driven, cloud-based enterprise software, facing off against players like Salesforce and Atlassian while leveraging collaborations with Microsoft and...

Why Intuitive Surgical (ISRG) Is Up 6.5% After New da Vinci SP Transvaginal Approval – And What's Next
Simply Wall St.4d agoneutral
Why Intuitive Surgical (ISRG) Is Up 6.5% After New da Vinci SP Transvaginal Approval – And What's Next

Earlier this month, Intuitive Surgical received CE mark approval for using its da Vinci SP single-port robotic system in transvaginal gynecologic procedures, adding to its existing approvals for a range of endoscopic and natural-orifice surgeries across Europe. This world's-first indication for the SP platform deepens Intuitive’s position in minimally invasive, scarless surgery by broadening its clinically supported use in complex anatomical spaces. We’ll now examine how this expanded...

Southwest Airlines (LUV) Is Up 5.7% After Pivot To High-Margin Seat And Add-On Fees
Simply Wall St.4d agoneutral
Southwest Airlines (LUV) Is Up 5.7% After Pivot To High-Margin Seat And Add-On Fees

In recent months, Southwest Airlines has shifted away from its long-standing “no hidden fees” approach by charging for seat assignments and extra legroom, remodeling cabins to support this change and reporting more than US$1.00 billion in EBIT from these extras, with bags also becoming a major revenue contributor. This pivot shows how Southwest is monetizing services it once included in the base fare, aligning itself more closely with rivals while benefiting from higher fares on routes...