Uber, Pinterest, Caterpillar and more

An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines during Tuesday afternoon trading. Uber Technologies – Shares of Uber rose 17.6% after the ride-hailing giant reported quarterly revenue that exceeded analyst expectations. The company’s revenue was $8.07 billion, … Read more

Molson Coors shares plummet as company cites division in consumer spending on beer

A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split among its customers as inflation hits their wallets: some beer drinkers are trading down, while others are still looking for pricier six-packs. Shares of the beverage company fell more than … Read more

Inflation and recession fears are putting some industries under more pressure than others

A woman pushes a shopping cart down the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for a summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images People still seem willing to travel, go to the movies and have a drink or two, … Read more