
US markets tumbled; DoorDash jumped 10.7% on Q4 results; Tripadvisor fell 2.5% on Q4 results
- The Nasdaq fell 2.88% on Thursday to close at 13,717 points.
- DoorDash jumped 10.7% on Q4 results including record order numbers.
- Tripadvisor fell 2.5% on Q4 results including an unexpected loss.
The US markets tumbled on Thursday as investors sold out of stocks following increasing geopolitical tensions between Russia and western allies of Ukraine as the White House warned Russia is on the verge of invading Ukraine.
The Dow Jones fell 1.78% to finish the trading day down 622 points to close at 34,312 points.
The tech heavy NASDAQ fell 2.88% to finish the trading day down 407 points to close at 13,717 points.
One bitcoin is worth US$40,686 going into the Asian trading day.
The Australian dollar is stronger against the major currencies and is buying 71.86 US cents.
Food delivery company DoorDash jumped 10.7% on Thursday after releasing fourth-quarter results that beat expectations on the top line. For the quarter, DoorDash reported revenue of US$1.3bn, had an increase of 35% YoY on orders to a record 369m and gross order value grew 36% YoY to US$11.2bn. DoorDash also posted a US$0.45/share loss, wider than the expected loss of US$0.25/share.
Shares in Tripadvisor fell 2.5% on Thursday after also posting fourth-quarter earnings results. For the quarter, Tripadvisor reported an unexpected quarterly loss of US$29m and revenue of US$241m which fell short of analysts’ estimates. Tripadvisor said it expects the travel market to improve significantly in 2022 following ‘unexpected periods of virus resurgence in 2021’.
And Ford’s Mustang Mach-E electric vehicle has been named as Consumer Reports’ top EV pick of 2022, pushing Tesla’s Model 3 off top spot.
Read the full story
in the Grafa app
To read the full article and more in the Grafa app, available on all app stores.
Track the trends
Get the hot tips first
Stay close to your investments
Learn to trade like a pro
Let your money entertain you
See more stories like this

Similar stories
Which stocks are shooting up today?
After the first 20 minutes of trade, these are the stocks that are shooting higher
...read moreCurrencies while you were sleeping
The Australian dollar was higher against the major currencies overnight. The Aussie dollar is buying
...read moreCrypto while you were sleeping
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read moreDrill down into today’s commodities
Today’s prices for the basket of key commodities tracked by Grafa are as follows: The
...read moreWhat to expect on the ASX today
ASX Futures trading higher ahead of the market open in Sydney. Dow Jones closed up
...read moreThe cryptos making waves in the afternoon
CRYPTO TOP 10 CLUB Here are the gainers and losers out of the Top 10
...read moreThe price we have to pay: Australian businesses reveal
48% of businesses say they will not raise prices, primarily due to the desire to
...read moreThe biggest movers of the flyweight cryptos today
Of the micro cryptos, these ones were the movers. Mcashchain rose 338.90% to US$0.015, closing
...read moreThe biggest movers of the featherweight cryptos today
Of the smaller cryptos, these ones were the movers. Mirrored iShares Gold Trust rose 353.48%
...read moreThe biggest movers of the middleweight cryptos today
Of the middle-sized cryptos, these ones were the movers. Metacraft rose 66.39% to US$1.31, closing
...read moreSee more stories like this
