Earnings live: Opendoor surges on home sales upswing, Live Nation pops as more fans head to shows

Core Insights - DoorDash reported fourth quarter results that slightly missed Wall Street's expectations on both earnings and revenue, but total orders exceeded forecasts [1][2] Financial Performance - Earnings per share for the quarter were $0.48, compared to the expected $0.55 [1] - Revenue grew 28% year over year to $3.96 billion, slightly below the nearly $4 billion forecast [2] - Adjusted EBITDA reached $780 million, up 38% year over year and nearly $5 million above estimates [1] Order Metrics - Total orders increased by 32% to 903 million, surpassing the anticipated 888 million [2] - Marketplace Gross Order Value (GOV) was $29.7 billion, exceeding the expected $29.1 billion, driven by new customer growth and increased order rates in the US restaurant category [3] Future Guidance - For Q1 2026, the company expects marketplace GOV to be between $31.0 billion and $31.8 billion, above the Street's forecast of $30.75 billion [4] - Adjusted EBITDA for Q1 2026 is projected to be between $675 million and $775 million, below the Street's prediction of $800 million [4] Stock Performance - Following the results, DoorDash's stock fell as much as 8%, with shares down approximately 20% year-to-date through Wednesday's close [3]