Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower as stocks pull back after gaining earlier in the session. A rise in yields has weighed on growth stocks.
Key points:
Dingdong’s revenue doubled in the third quarter, but its loss grew even faster by 1.4 times as it become trapped in a cycle of ‘greater losses with more income’
The company’s management admitted returns on investment are still a long way off
By Jony Ho
One Big Thing In Fintech: The demand for comprehensive self-directed investing and robo-advisory platforms is rising at an increasing pace outside of the U.S.
One Big Thing In Fintech: Heading into the coronavirus pandemic, several trends among the retail investing public made the industry favorable for new entrants to come in and exploit.