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Search resuls for: "Olo"


8 mentions found


☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
  + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com   time to read: +9 min
The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.
Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan
☆ You can now place DoorDash and Uber Eats orders through a call with an AI voice bot
  + stars: | 2024-04-12 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
Some restaurants are connecting callers to an AI voice service to place DoorDash and Uber Eats orders. Many people now place delivery orders online, but Kea's founder says restaurants sometimes struggle to handle phone orders. AdvertisementA new voice AI service means diners can place delivery orders with services like DoorDash and Uber Eats via phone call. The AI guides them through the transactions, including suggesting add-ons and recommending items they got in previous orders, Ahmad said. The delivery platforms that Kea can refer orders to are DoorDash, Uber Eats, Postmates, Grubhub, and Favor, Ahmad said.
Persons: DoorDash, Uber, Kea, —, Adam Ahmad, Ahmad, Siri, –, who'll, Olo, They'd, We're, NDAs — Organizations: Voice, Service, California Fish Locations: Kea, California
☆ China's LONGi jumps on probe into Hillhouse unit's stake transfer
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
Shares of the solar energy firm rose nearly 5% in morning trade after it said HHLR Management Pte. Ltd was being investigated by the China Securities Regulatory Commission (CSRC) for violating share transfer rules. Singapore-based HHLR Management is part of Chinese investment giant Hillhouse's public investment arm HHLR. HHLR Management was notified by the CSRC of the investigation on suspected rule violations on Wednesday, LONGi said, without giving details. HHLR Management held a 4.98% stake in LONGi at the end of September, compared with 5.85% at the end of 2022, according to filings.
Persons: Hillhouse, LONGi, Zhang Lei, didn't, Samuel Shen, Varun Organizations: Green Energy Technology, Management, China Securities Regulatory Commission, HHLR Management, Reuters, Pionner Driving, Thomson Locations: SHANGHAI, HONG KONG, Singapore, Nanjing, LONGi, Shanghai, Shenzhen, Summer, Hong Kong
☆ Israel-Hamas War Netanyahu Says Israeli Troops Have Pushed Into Gaza
  + stars: | 2023-10-28 | by ( Patrick Kingsley | Ronen Bergman | Yousur Al-Hlou | ) www.nytimes.com   time to read: +11 min
A Palestinian fighter of the Al-Quds brigade in a military tunnel in the northern Gaza Strip last year. Overnight on Saturday, Israeli fighter planes struck 150 underground targets in the northern Gaza Strip, the Israeli military said. The group’s leader in Gaza, Yahya Sinwar, said in 2021 that there were 310 miles of tunnels in Gaza. Ben Milch, an Israeli American who cleared tunnels with the Israeli military during the 2014 Gaza War, said his unit came under fire repeatedly while working to destroy some 13 tunnels. After the Israeli military announced on Tuesday that it had destroyed the tunnel to the sea, it released a video of another incident.
Persons: “, Israel, ”, Joseph L, Sergey Ponomarev, Yocheved, Daniel Hagari, Votel, Joel Roskin, Roskin, Ali Ali, Daphne Richemond, Barak, Yahya Sinwar, Yousef Masoud, ” Ms, Richemond, Ms, Amir Olo, Olo, Ben Milch, Milch, Uriel Sinai, Jeffrey Gettleman, Gal Koplewitz Organizations: Hamas, Israel Defense Forces, U.S, United States Central Command, The New York Times, Islamic, Iraqi, ISIS, Bar, Ilan University, European Pressphoto Agency, Reichman University, telltale, RAND Corporation, West Bank, Officials Locations: Al, Quds, Gaza, Israel, Israeli, Iraqi, Mosul, Al Shifa, Israel’s, Egypt, Northern Sinai, Khan Younis, Col, Israeli American, Kissufim, The, Zikim Beach, Jerusalem
☆ Here are the 34 tech companies most likely to be snapped up by private equity firms like Vista and Thoma Bravo in 2023, according to bankers and market data
  + stars: | 2022-12-24 | by ( Ben Bergman | Stephanie Palazzolo | ) www.businessinsider.com   time to read: +22 min
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
☆ Here are the 34 tech companies most likely to be on the holiday shopping lists of private-equity firms after valuations plunged this year, according to bankers and private data
  + stars: | 2022-12-15 | by ( Ben Bergman | Stephanie Palazzolo | ) www.businessinsider.com   time to read: +22 min
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
☆ Uber's polarizing surge pricing is coming for your food deliveries
  + stars: | 2022-11-24 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +6 min
The food-tech startup Sauce allows restaurants to use dynamic pricing to raise delivery prices. Piada, a fast-casual restaurant chain, is testing dynamic pricing using the tech startup Sauce. Novak, whose VC firm Rackhouse invested in Sauce last year, said price-lowering features are often overlooked when discussing dynamic pricing. Sherri Kimes, a professor emeritus at Cornell's Hotel School, echoed Novak, saying dynamic pricing can give consumers "some control" over how they spend their money. For restaurants, dynamic pricing is still worth a shot.
☆ A wave of restaurant operators and high-profile chains like Chipotle and Burger King are investing millions in innovation amid a slowdown in food-tech funding. Here are 10 investing in ghost kitchens,
  + stars: | 2022-09-29 | by ( Nancy Luna | ) www.businessinsider.com   time to read: +10 min
"My dad says I'm taking the joy out of a restaurant," Frischling said. "If this industry doesn't keep up, we're not going to have so many restaurants," Frischling told Insider. Frischling is part of a wave of restaurant operators and high-profile chains investing millions in the industry's future. Over the years, Chipotle, Inspire Brands, and Restaurant Brands International — the owner of Burger King and Popeyes — have invested in autonomous-delivery vehicles, ghost kitchens, and digital-ordering software. IGC HospitalityThe New York restaurant company, also known as In Good Company Hospitality Group, invested in the restaurant-tech firm MarginEdge in 2021, according to PitchBook.
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