Yahoo Finance

DoorDash operates a global commerce meal delivery platform that connects merchants, consumers and independent contractors to consumers. Its marketplace operates under the names DoorDash and Wolt. Its acquisition of Wolt in 2022 has helped DASH expand its reach to Eastern Europe, Japan and smaller Asian countries. The company also offers membership products and services to help merchants advertise and promote on its platform to acquire customers. It was founded in 2013 under the name Palo Alto Delivery, Inc. and changed its name to DoorDash in 2015. It went public in 2020 during the COVID-19 pandemic. Headquartered in San Francisco, CA, the company has over 19,000 employees in over 30 countries.

U.S. stocks are moving higher on Friday morning, this after the latest PCE inflation data met the expectations of investors eager to keep interest-rate cuts by the Federal Reserve on track for September. Today's session closes out a volatile month, with August starting with a steep decline in share prices and then clawing back to all-time highs in a very quick (too quick?) fashion. Straight ahead is September, a month with a not-great reputation for stocks.

Value stocks -- a market segment that includes high-yield stocks -- outperformed growth stocks in 2022. That's a recent rarity, as for the past decade-plus, the performance record has favored growth. But in 2022, The rollout of COVID-19 vaccines gave a lift to some of the cyclical companies (energy and regional banks) that had lagged in recent quarters, and value stocks outpaced growth stocks that year. While growth stocks have retaken the lead since 2023, the Federal Reserve continues to keep interest rates high to fend off inflation. This could possibly cap multiple expansion for growth companies in coming quarters. In any event, the value sector is the place to achieve income.

Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China’s online auto platform media advertising market in 2019.