Friday, May 10, 2024

Shopify Drops 18.5%

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In The News:
ottumwacourier.com

CENTERVILLE — The Davis County Mustangs are back in the "Throne Room" of the South Central Conference.

OTTUMWA — The Ottumwa Community School District will honor 22 retiring staff members totaling 475 years of service in the district during a ce⁘

DES MOINES — Gov. Kim Reynolds has signed several bills from the 2024 legislative session into law, including measures to extend postpartum Me⁘

DES MOINES — Gov. Kim Reynolds has officially given Iowa's community colleges the ability to develop the formula that determines state aid dis⁘

CENTERVILLE — It was a night of disastrous moments followed by moments of pure joy for the Eddyville-Blakesburg-Fremont girls track and field ⁘

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Wall Street's lull stretched into a second day as US stocks drifted to a mixed close in a quiet Wednesday. Uber Technologies slumped 5.7% after reporting worse results for the latest quarter than analysts expected. It also gave a forecasted range for bookings in the current quarter whose midpoint fell below analysts' expectations, the AP reports.

On the winning side, Lyft revved 7.1% higher after topping expectations for profit and revenue. It said growth was particularly strong for early-morning, commute, and weekend-evening trips. Reddit, another winner, rose 4.1% after delivering its first quarterly report as a publicly traded company. It reported a milder loss and better revenue than expected, while also giving a stronger-than-expected forecast for revenue in the current quarter. Arista Networks climbed 6.5% for one of the biggest gains in the S⁘P 500 after topping expectations for both profit and revenue.

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