Day: April 24, 2024
Chipotle abandons Farmesa Fresh Eatery spinoff after ghost kitchen closes
Chipotle is launching Farmesa Fresh Eatery first at Kitchen United’s upcoming Santa Monica location. Source: Chipotle Mexican Grill Chipotle Mexican Grill is abandoning its Farmesa Fresh Eatery spinoff after partner Kitchen United closed its ghost kitchens. A little over a year ago, Chipotle announced the opening of its first Farmesa location at Kitchen United’s Santa […]
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S&P 500 closes very little modified as higher bond yields dampen earnings enthusiasm
Traders work on the flooring during morning investing at the New York Stock Trade on Jan. 31, 2024. Angela Weiss | AFP | Getty Visuals The S&P 500 shut near its flatline Wednesday as desire charge fears dampened the enthusiasm stemming from a solid slate of corporate earnings. The S&P 500 eked out a .02% […]
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Meta’s Reality Labs posts $3.85 billion reduction in to start with quarter
Fb co-founder and main govt, Mark Zuckerberg, speaks at an Oculus builders meeting when sporting a virtual actuality headset in San Jose, California. Glen Chapman | AFP | Getty Pictures Meta reveals no signals of significantly trimming its losses from investing in the metaverse, as competitors heightens in between the Fb father or mother and […]
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Rubrik costs IPO at $32 per share, higher than the predicted vary
Bipul Sinha, co-founder and CEO of data security software program corporation Rubrik. Sinha beforehand backed cloud administration corporation Nutanix. Greylock Companions Rubrik, a facts-administration computer software firm backed by Microsoft, priced its IPO at $32 a share, in accordance to a particular person acquainted with the make a difference. That is above its envisioned range. […]
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House Speaker Johnson drowned out by booing crowds at Columbia College speech on Gaza protests
Speaker of the U.S. House of Representatives Mike Johnson (R-LA) attends a news conference at Columbia University in reaction to demonstrators protesting in help of Palestinians, amid the ongoing conflict among Israel and the Palestinian Islamist team Hamas, in New York Town, U.S., April 24, 2024. David Dee Delgado | Reuters House Speaker Mike Johnson, […]
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JPMorgan Chase is caught in U.S-Russia sanctions war following abroad court docket orders $440 million seized from lender
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and City Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters A Russian court sided with state-operate financial institution VTB Lender in its endeavours to recoup […]
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Stocks making the most important moves just after hrs: Meta, IBM, Chipotle, ServiceNow and more
Check out the businesses making headlines right after the bell : Align Engineering — The orthodontics technological innovation firm included 3.6% just after beating analysts’ anticipations for its initially-quarter final results. Align posted altered earnings of $2.14 for each share on income of $997.4 million, higher than the $1.97 in earnings for each share on […]
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Chipotle is defying restaurant slump as earnings, traffic rise again
The logo of Chipotle Mexican Grill is seen in Manhattan, New York. Shannon Stapleton | Reuters Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by higher traffic to its restaurants. The stock rose 3% in extended trading. Here’s what the company reported compared with what Wall Street was expecting, based […]
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IBM to obtain HashiCorp in $6.4 billion deal, studies another earnings miss out on
IBM CEO Arvind Krishna seems at the Planet Economic Discussion board in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares slipped 5% in extended investing on Wednesday soon after the components, program and consulting supplier claimed it would obtain cloud software package maker HashiCorp and noted 1st-quarter revenue […]
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