Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Dash rises 0.91% in 24 hours as autonomous technology investment plans emerge

Dash rises 0.91% in 24 hours as autonomous technology investment plans emerge

Bitget-RWA2025/11/10 06:38
By:Bitget-RWA

- DoorDash plans increased autonomous delivery tech investment, triggering a 17% stock drop after announcing $数百M+ 2026 spending on robots like Dot. - Lyft and Uber similarly prioritize self-driving infrastructure, with Waymo partnership and $10-15M Nashville depot plans highlighting industry-wide automation bets. - DASH shows mixed 1-year performance (+117.07%) vs 7-day decline (-21.05%), while historical data reveals +4.7% 30-day excess returns post-earnings but no statistical significance.

As of November 10, 2025,

increased by 0.91% over the past day, reaching a value of $82.4. Over the previous week, DASH declined by 21.05%, but it gained 55.56% in the last month and surged 117.07% over the past year.

DoorDash has announced plans to boost its spending on autonomous delivery solutions, a decision that could impact both investor confidence and share price. During its quarterly earnings call, the company revealed it will allocate "several hundred million dollars more" than previously budgeted to major projects in 2026. Among these is the advancement and rollout of Dot, a delivery robot capable of traveling on sidewalks and bike paths.

The CEO of

, Tony Xu, pointed out that expanding autonomous systems will demand considerable upfront spending and cannot be achieved quickly. Following the disclosure of these investment plans, DoorDash shares fell by 17% on Thursday—the steepest single-day drop in the company’s history. This move reflects a wider industry pattern, as other ride-hailing firms like Lyft and Uber also stress the necessity for large investments in robotaxi infrastructure.

Lyft, in collaboration with Waymo, intends to build a $10–15 million facility in Nashville to support its self-driving vehicle operations. Likewise, Uber’s CEO Dara Khosrowshahi acknowledged that autonomous vehicles are not yet profitable for the company, but they remain a top priority. Despite the significant initial expenses, these companies are positioning themselves to lead the evolution of transportation technology.

The industry’s emphasis on long-term infrastructure and automation is in line with broader strategies to enhance efficiency and minimize reliance on human labor in logistics and delivery. Such initiatives could affect not only DASH but also the wider technology and transportation stock markets.

DoorDash’s recent share price movements highlight both its bold ambitions and the market’s reaction to increased spending. While the company is betting on the future of delivery, the immediate financial impact may pose challenges for its stock.

Backtest Hypothesis

Looking at DASH’s historical behavior around earnings releases provides clues about how the market might respond to future news. Examining DoorDash’s earnings data from January 1, 2022, to November 10, 2025, identifies seven significant events. On average, the stock outperformed the benchmark by about 1.9 percentage points after 10 trading days, and by 4.7 percentage points after 30 days. This indicates a modest tendency for positive returns following earnings announcements.

However, these outcomes are not statistically significant at the 5% threshold, so they should be viewed as suggestive rather than definitive. The analysis used daily closing prices to best capture end-of-day market sentiment and ensure comparability with the benchmark. These findings may help investors and analysts better anticipate market reactions to future earnings and strategic decisions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Hedera’s Open Data Initiative: Driving Enterprise Blockchain Integration with Google Cloud

- Hedera Hashgraph joins Google Cloud's BigQuery to boost blockchain transparency and accessibility for developers and enterprises. - HBAR price surged 10% to $0.19 with $483M trading volume, driven by ETF inflows and institutional interest in the top-20 cryptocurrency. - The integration enables cross-chain analysis of transaction data, smart contracts, and DeFi trends via scalable open-source analytics tools. - Institutional participation is evident through 24.2% higher trading volume, though challenges i

Bitget-RWA2025/11/10 21:22
Hedera’s Open Data Initiative: Driving Enterprise Blockchain Integration with Google Cloud

HYPE Token: Evaluating Authenticity and Future Prospects in the Cryptocurrency Landscape Beyond 2025

- HYPE token's 2025 surge stems from an $888M merger between Sonnet BioTherapeutics and Rorschach I LLC, creating a $583M treasury and $1B acquisition facility. - Hyperliquid's DeFi innovations like the BorrowLendingProtocol (BLP) and $303B October trading volume highlight its ecosystem utility and capital efficiency gains. - Technical indicators show HYPE trading near $40 with weakening momentum (RSI 46, negative MACD), raising caution amid broader crypto-AI sector valuation concerns. - Comparative analys

Bitget-RWA2025/11/10 21:10
HYPE Token: Evaluating Authenticity and Future Prospects in the Cryptocurrency Landscape Beyond 2025

The Growing Fascination with Hyperliquid: Is This the Dawn of a New Age in On-Chain Trading?

- Hyperliquid dominates 2025 decentralized derivatives trading with $303B volume, driven by HIP-3 protocol and partnerships with RedStone/21Shares. - Competitive risks emerge as rivals like Aster challenge Hyperliquid's market share through liquidity incentives and 24-hour trading spikes. - Whale activity and leveraged trading risks highlight Hyperliquid's BLP testnet innovations in on-chain lending and risk management solutions. - Institutional adoption accelerates via 21Shares' ETF application, while TVL

Bitget-RWA2025/11/10 21:10
The Growing Fascination with Hyperliquid: Is This the Dawn of a New Age in On-Chain Trading?

Ethereum Updates Today: With Ethereum's Price Dropping, Major Investors Acquire 23,501 ETH—Showing Confidence in Its Long-Term Strength

- A major Ethereum whale bought 23,501 ETH amid a 12% price drop, reversing prior shorting activity to signal long-term bullishness. - Institutional and retail investors collectively purchased $1.37B in ETH, with Aave and Bitmine leading as exchange reserves hit 2016 lows. - Spot ETFs saw first November inflows after $2.9B outflows, while Ethereum remains 33% below its August 2025 peak despite staking growth. - Macroeconomic uncertainty, including Fed rate caution and inflation concerns, pressures crypto m

Bitget-RWA2025/11/10 21:10
Ethereum Updates Today: With Ethereum's Price Dropping, Major Investors Acquire 23,501 ETH—Showing Confidence in Its Long-Term Strength