Rightmove Bullish, Delivery Hero Miss, BASF Cuts
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rightmove and its property portal peers will survive the artificial intelligence wave, with the technology presenting more of an opportunity than a threat for the sector, according to Chief Executive Officer Johan Svanstrom.
- Delivery Hero reported fourth-quarter orders that missed estimates as the Berlin-based food-delivery company faces stiff competition in key regions and calls from investors to sell all or some of its business.
- BASF announced more job cuts as the German manufacturer continues its cost-savings push in a difficult chemicals market.
See omnystudio.com/listener for privacy information.
More description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rightmove and its property portal peers will survive the artificial intelligence wave, with the technology presenting more of an opportunity than a threat for the sector, according to Chief Executive Officer Johan Svanstrom.
- Delivery Hero reported fourth-quarter orders that missed estimates as the Berlin-based food-delivery company faces stiff competition in key regions and calls from investors to sell all or some of its business.
- BASF announced more job cuts as the German manufacturer continues its cost-savings push in a difficult chemicals market.
See omnystudio.com/listener for privacy information.
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