Consumer Discretionary

16 Aug

Amazon’s Payment Delay Warning Stirs Panic Among Flex Drivers

stp2y0 CommentsRAG modelsAMAZON.COM INC, Americas, Consumer Discretionary, Industrials, jobs, LYFT INC-A, Mobile Phones, smartphone, social media, Technology, UBER TECHNOLOGIES INC

Amazon.com Inc. warned Flex drivers who deliver packages in their own vehicles that payments they were supposed to receive Thursday “may be delayed,” according to correspondence reviewed by Bloomberg, stirring panic among drivers who are used to prompt payment after completing a route.The Amazon message doesn’t explain the problem or say when it could be resolved, adding to the concerns. Source link lol

Playtech Shares Jump 19% on Flutter Interest in Italian Unit

stp2y0 CommentsRAG modelsacquisitions, Consumer Discretionary, europe, FLUTTER ENTERTAINMENT PLC-DI, Great Britain, Italy, Markets, Mergers, Milan, PLAYTECH PLC, sports, Technology

Playtech Plc’s shares jumped the most in almost three years after the European gaming company confirmed reports it was in exclusive talks with Flutter Entertainment Plc on the potential sale of its Italian unit, Snaitech, for about £2 billion ($2.6 billion).The London-listed company confirmed the discussions in a statement Wednesday, following a report by Sky News. Playtech said it had granted Flutter a period of exclusivity to complete due diligence and finalize transaction documentation. Source link lol

As Airbnb Shares Plunge, CEO Says ‘It’s a Good Time to Buy’

stp2y0 CommentsRAG modelsAIRBNB INC-CLASS A, Americas, Brian Joseph Chesky, Consumer Discretionary, Earnings, iphone, new york, Technology, TWITTER INC, Wall Street, Well Spent

Airbnb Inc. Chief Executive Officer Brian Chesky’s response to his company’s disappointing outlook and an ensuing share-price plunge: “I’m confident it’s a good time to buy.” Source link lol