DoorDash Stock Climbs as Traders Brace for a High-Stakes Earnings Test

Shares of restaurant and food delivery companies are trading higher as retreating bond yields and investors trimming exposure to AI-exposed tech names help drive a rebound following September's inflation-driven declines.

Guggenheim Reiterates Buy on DoorDash, Maintains $255 Price Target

Guggenheim analyst Taylor Manley reiterates DoorDash (NASDAQ:DASH) with a Buy and maintains $255 price target.

Domino’s Pizza U.S. Same-Store Sales Grew Just 0.3%. Here’s Why New CEO Joe Jordan Says the Company’s ‘Next Chapter Will Be Our Strongest Yet.’

Domino's Pizza reported disappointing Q3 results with U.S. same-store sales growth of just 0.3% and international comparable sales up 0.2%, reflecting ongoing challenges from inflation, competition from delivery platforms, and weakening consumer spending. New CEO Joe Jordan, who took over in October, aims to improve customer relationships and franchisee profitability, but analysts note that returning to the strong growth of the 2010s will be difficult.

DoorDash shares are trading lower after Cantor Fitzgerald lowered its price target on the stock from $260 to $240.

Is First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) a Strong ETF Right Now?

QQEW, a smart beta ETF tracking the NASDAQ-100 Equal Weighted Index, has delivered 16.06% year-to-date returns and 17.43% over the past year with $1.91 billion in assets. The fund features a 0.55% expense ratio and medium risk profile (beta 1.08), with heavy exposure to Information Technology (54.7%). While it offers diversified exposure through 51 holdings, investors should consider cheaper alternatives like VUG (0.03% expense ratio) or QQQ (0.18% expense ratio) for lower-cost market cap weighted strategies.

Cathie Wood Buys $19 million of CoreWeave as AI Funding Surges. How Much CRWV Exposure do ETFs Offer?

Cathie Wood’s ARK funds bought $19M of CoreWeave as AI funding surges. Here’s how ETFs are gaining AI infrastructure exposure.