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According to Israeli media reports, the massive explosion near Beit Shemesh, Israel, was a controlled industrial blast, with no casualties or property damage.May 17th - According to a report in the British newspaper *The Sun* on Saturday evening, British Chancellor of the Exchequer Reeves plans to announce next week that she will postpone the planned fuel tax increase originally scheduled for September. The temporary fuel tax reduction measure, which began in 2022, was originally scheduled to expire this September. If the measure expires, fuel prices will rise by 5 pence (approximately 6.6 US cents) per liter. However, the British government has previously extended this tax reduction measure several times, most recently in the annual budget last November. *The Sun* reports that Reeves is preparing to extend the measure again.On May 17, US President Trump posted an AI-generated image on social media. In the image, Trump and a general are standing on a warship, while small boats and ships flying the Iranian flag are nearby. The caption reads, "This is the calm before the storm."Dutch Prime Minister: ASML (ASML.O) and Tata Electronics have also jointly signed a statement, which is an important step toward closer cooperation in the semiconductor field.On May 17, according to the Israeli newspaper Haaretz, the Israeli military stated that a soldier was killed in combat operations in southern Lebanon. This soldiers death brings the total number of soldiers killed since the resumption of fighting with Hezbollah in early March to 21.

DoorDash Stock Rises 9% on Fourth-quarter Revenue Beat; COO Will Depart

Aria Thomas

Feb 17, 2023 11:40

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DoorDash Inc (NYSE:DASH) shares jumped more than 9% after-hours on the release of the company's Q4 earnings, with revenue of $1.82 billion (up 40% year-over-year) above the consensus forecast of $1.77 billion as customer demand remains robust.


Compared to the consensus expectation of ($0.67), Q4 EPS was ($1.65). Overall orders increased by 27% year-over-year to 467 million, due to growth in customers and consumer interaction at DoorDash, as well as the company's acquisition of Wolt. At $14.4B, Q4 Marketplace GOV surged 29% year-over-year.


Monthly Active Users (MAUs) in December grew to over 32M from over 25M a year earlier, with both DoorDash and Wolt experiencing year-over-year growth in MAUs.


The business anticipates Q1 Marketplace GOV revenues between $15.1 and $15.5 billion, with adjusted EBITDA between $120-$170 million.


For the full year of 2023, the firm forecasts Marketplace GOV revenues between $60 billion and $63 billion, with adjusted EBITDA between $500 million and $800 million.


The firm also revealed that DoorDash's COO and President, Christopher Payne, will depart on March 1, 2023. Since 2018, Prabir Adarkar has worked as the company's CFO. On March 1, 2023, he assumed the roles of COO and President.

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