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Reuters
DoorDash forecasts quarterly order value above estimates
May 6 (Reuters) - DoorDash on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates, helped by resilient demand and the online delivery firm's expansion across grocery, retail and international markets. Shares of the company were up 10% in extended trading.
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Reuters
Marriott raises annual room revenue growth forecast amid strong travel demand
May 6 (Reuters) - Hotel operator Marriott International raised its full-year forecast for room revenue growth on Wednesday, betting that strong travel demand in the U.S. would drive bookings across its properties.
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Reuters
Trading Day: Rarified AIr
By Jamie McGeever ORLANDO, Florida, May 5 (Reuters) - The S&P 500 and Nasdaq sailed to new highs on Tuesday, riding the crest of yet another wave of optimism around the artificial intelligence boom.
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Reuters
Uber forecasts strong second-quarter bookings despite Middle East woes
May 6 (Reuters) - Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth.
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Reuters
Burger King-parent Restaurant Brands beats quarterly estimates on value meals demand
May 6 (Reuters) - Restaurant Brands International on Wednesday edged past expectations for quarterly overall same-store sales growth and adjusted profit, helped by resilient demand at its Burger King chain.
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Reuters
DuPont lifts forecast as price hikes offset Iran war-driven costs
By Pooja Menon May 5 (Reuters) - Industrial materials maker DuPont raised its annual profit and sales forecasts on Tuesday after beating first-quarter estimates, as price increases helped offset higher input costs driven by the U.S. and Israel's war with Iran.
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Reuters
S&P 500, Nasdaq futures hit records as oil extends losses
May 7 (Reuters) - S&P 500 and Nasdaq futures hovered near all-time highs on Thursday as oil prices retreated further on hopes of a U.S.-Iran peace deal that could potentially normalize crude supplies through the Strait of Hormuz.
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Reuters
US gasoline prices top $4.50 a gallon as summer driving season nears
By Anushree Mukherjee May 5 (Reuters) - The U.S. national average retail price of gasoline surpassed $4.50 a gallon on Tuesday for the first time since July 2022, data from GasBuddy showed, as the U.S.-Israeli war with Iran kept disrupting a substantial portion of global oil supplies shipped through
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Reuters
Instacart sees key quarterly sales metric above estimates on strong demand
By Neil J Kanatt May 6 (Reuters) - Instacart forecast second‑quarter gross transaction value largely above Wall Street expectations on Wednesday, betting on strong demand for its online grocery delivery services.
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Reuters
US stock futures mixed as Middle East risks remain in focus
May 4 (Reuters) - U.S. stock index futures were mixed on Monday, pointing to a cautious start to the week as investors assessed the growing U.S.-Iran standoff over the Strait of Hormuz, the crucial oil shipping route that remains shut.
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Reuters
KKR-backed GMR eyes $5 billion valuation in US IPO
May 4 (Reuters) - Emergency medical services GMR Solutions said on Monday it was targeting a valuation of up to $5 billion in its U.S. initial public offering, as the pickup in new listings extends into May.
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Reuters
US stock futures rise as oil dips; Middle East tensions linger
May 5 (Reuters) - U.S. stock index futures advanced on Tuesday, signaling a recovery in equities as oil prices ticked lower even as renewed tensions in the Middle East threatened to upend a fragile truce after the U.S. and Iran exchanged fire in the Gulf.
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