DOW Hits Record High on Biden Stimulus Plan

DOW Hits Record High on Biden Stimulus Plan

President Biden’s US $1.9 trillion pandemic relief plan brought traders’ attention to the energy and financial sectors, while tech stocks and interest rate concerns pushed down the NASDAQ and S&P 500 indices.

Uber Rides Down as Food Deliveries Grow

Uber Rides Down as Food Deliveries Grow

In their Q4 2020 earnings release, Uber announced ride-hailing bookings were down by 47% from the same quarter in 2019. However, Uber Eats, the company’s restaurant delivery arm saw bookings rise by 130% for the same period.

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